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Sold for $1,095,000
    • Listed by: First Team Real Estate • Beau Beardslee • Contact: 949-389-0004
    Bought with: RE/MAX Select One
    $1,095,000

    22482 Formentor #15, Mission Viejo, CA 92692

    2beds
    1,444sqft
    Condominium
    Built in 1981
    -- sqft lot
    $1,105,800 Zestimate®
    $758/sqft
    $4,025 Estimated rent

    Home value

    $1,105,800

    $1.02M - $1.19M

    $4,025/mo

    Zestimate® history
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    What's special

    Tranquil lakefront livingLakefront retreatSophisticated entertainingFramed by mature treesModern luxuryQuiet relaxationPremium finishes
    Fully Remodeled Lakefront Retreat with Unmatched Lake Views! Seize this unparalleled opportunity to acquire this meticulously and fully remodeled residence in the highly sought-after, guard-gated Mallorca community, overlooking the pristine waters of Lake Mission Viejo. This is not merely an update but a comprehensive transformation, offering a turnkey, high-end living experience. The entire residence has been expertly renovated, ensuring a seamless blend of modern luxury and tranquil lakefront living. Experience breathtaking, unobstructed lake views from nearly every window, with virtually nothing between your home and the water's edge. The serene setting, framed by mature trees, provides an extraordinary sense of privacy and seclusion rarely found in waterfront properties. Inside, the home has been elevated with premium finishes and an open-concept floor plan designed to maximize light and the stunning scenery. The living and dining areas feature exquisite new wood flooring and light and bright designer paint, both of which continue throughout and into the two spacious bedrooms. With a fully renovated ensuite the primary bedroom has great light and fantastic lake views. A secondary guest bedroom and a fully modeled guest bath complete the indoor living spaces. An expansive, oversized patio, perfect for both sophisticated entertaining and quiet relaxation, overlooks a tranquil open space, further enhancing the home's sense of privacy. With the abundance of all new finishes including all new floors, recessed lighting, new paint, all new stainless-steel appliances and a dedicated 2 car detached garage this home has it all! As a resident of the Mallorca community, you will enjoy exclusive access to a private beach and pool. Furthermore, ownership includes membership to the acclaimed Lake Mission Viejo amenities, transforming every day into a resort-style experience. Indulge in private beaches, docks, boat rentals, fishing, picnic areas, and courts for volleyball and basketball, all complemented by the vibrant social calendar of summer concerts and the spectacular Fourth of July fireworks. A fully reimagined home offering an exceptional, elevated lifestyle. Welcome home.

    Zillow last checked:

    Listing updated:

    Listed by:

    Beau Beardslee DRE #01940693 949-702-7752,

    First Team Real Estate,

    Cotter Tillemans DRE #02119176,

    First Team Real Estate

    Bought with:

    Tania Grindeman, DRE #01249709

    RE/MAX Select One

    Source: CRMLS,MLS#: OC25249110MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    • Main level bathrooms: 2
    • Main level bedrooms: 2
    Rooms
    • Room types: Bedroom, Entry/Foyer, Kitchen, Living Room, Primary Bathroom, Primary Bedroom, Dining Room
    Primary bedroom
    • Features: Main Level Primary
    Bedroom
    • Features: All Bedrooms Down
    Bedroom
    • Features: Bedroom on Main Level
    Bathroom
    • Features: Bathroom Exhaust Fan, Bathtub, Dual Sinks, Full Bath on Main Level, Linen Closet, Quartz Counters, Stone Counters, Remodeled, Separate Shower, Tub Shower
    Kitchen
    • Features: Quartz Counters, Remodeled, Updated Kitchen
    Heating
    • Central, Natural Gas
    Cooling
    • Central Air, Electric
    Appliances
    • Included: Dishwasher, Disposal, Gas Range, Microwave, Range Hood, Vented Exhaust Fan
    • Laundry: Inside, Laundry Closet
    Features
    • Built-in Features, Balcony, Breakfast Area, Separate/Formal Dining Room, Living Room Deck Attached, Open Floorplan, Quartz Counters, Recessed Lighting, Unfurnished, All Bedrooms Down, Bedroom on Main Level, Main Level Primary
    • Flooring: Stone, Tile, Wood
    • Doors: Sliding Doors
    • Windows: Screens
    • Has fireplace: Yes
    • Fireplace features: Gas, Living Room
    • Common walls with other units/homes: 1 Common Wall,End Unit,No One Below
    Interior area
    • Total interior livable area: 1,444 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage
    • Garage spaces: 2
    Accessibility
    • Accessibility features: None
    Features
    • Levels: One
    • Stories: 1
    • Entry location: 1
    • Patio & porch: Covered, Deck, Front Porch, Patio, Porch
    • Exterior features: Lighting
    • Pool features: Association
    • Has spa: Yes
    • Spa features: Association
    • Fencing: Stucco Wall,Wrought Iron
    • Has view: Yes
    • View description: City Lights, Park/Greenbelt, Hills, Lake, Mountain(s), Neighborhood, Panoramic
    • Has water view: Yes
    • Water view: Lake
    • Waterfront features: Lake, Lake Front, Lake Privileges
    Lot
    • Size: 2,400 Square Feet
    • Features: Cul-De-Sac, No Landscaping, Near Park, Paved, Secluded, Walkstreet
    Details
    • Parcel number: 93196415
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: Spanish,Patio Home
    • Property subtype: Condominium
    • Attached to another structure: Yes
    Materials
    • Frame, Stucco
    • Foundation: Slab
    • Roof: None
    Condition
    • Updated/Remodeled,Turnkey
    • New construction: No
    • Year built: 1981

    Utilities & green energy

    • Electric: Standard
    • Sewer: Public Sewer, Sewer Tap Paid
    • Water: Public
    • Utilities for property: Cable Available, Cable Connected, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Phone Available, Phone Connected, Sewer Available, Sewer Connected, Water Available, Water Connected

    Community & HOA

    Community
    • Features: Curbs, Lake, Storm Drain(s), Street Lights, Suburban, Sidewalks, Park
    • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
    • Subdivision: Mallorca Condos (Mq)
    HOA
    • Has HOA: Yes
    • Amenities included: Controlled Access, Dog Park, Maintenance Grounds, Picnic Area, Pool, Guard, Spa/Hot Tub
    • HOA fee: $685 monthly
    • HOA name: Mallorca
    • HOA phone: 949-855-1800
    • Second HOA fee: $28 monthly
    • Second HOA name: Lake Mission Viejo
    • Second HOA phone: 949-770-1313
    Location
    • Region: Mission Viejo

    Financial & listing details

    • Price per square foot: $758/sqft
    • Tax assessed value: $742,999
    • Annual tax amount: $7,508
    • Date on market: 10/30/2025
    • Cumulative days on market: 36 days
    • Listing terms: Cash to New Loan,Conventional,1031 Exchange
    • Road surface type: Paved

    Price history

    DateEventPrice
    1/6/2026Sold$1,095,000-4.6%$758/sqft
    Source: CRMLS #OC25249110 Report a problem
    12/26/2025Pending sale$1,148,000$795/sqft
    Source: CRMLS #OC25249110 Report a problem
    12/8/2025Contingent$1,148,000$795/sqft
    Source: CRMLS #OC25249110 Report a problem
    10/30/2025Listed for sale$1,148,000+35.1%$795/sqft
    Source: CRMLS #OC25249110 Report a problem
    9/23/2025Sold$850,000-5.6%$589/sqft
    Source: CRMLS #OC25069325 Report a problem
    9/20/2025Pending sale$900,000$623/sqft
    Source: CRMLS #OC25069325 Report a problem
    9/9/2025Listing removed$4,000$3/sqft
    Source: CRMLS #OC25170021 Report a problem
    9/9/2025Contingent$900,000$623/sqft
    Source: CRMLS #OC25069325 Report a problem
    8/26/2025Listed for rent$4,000$3/sqft
    Source: CRMLS #OC25170021 Report a problem
    8/15/2025Listing removed$4,000$3/sqft
    Source: CRMLS #OC25170021 Report a problem
    8/14/2025Price change$900,000-5.3%$623/sqft
    Source: CRMLS #OC25069325 Report a problem
    7/29/2025Listed for rent$4,000+5.3%$3/sqft
    Source: CRMLS #OC25170021 Report a problem
    7/24/2025Price change$950,000-5%$658/sqft
    Source: CRMLS #OC25069325 Report a problem
    6/18/2025Price change$999,999-20%$693/sqft
    Source: CRMLS #OC25069325 Report a problem
    1/25/2025Price change$1,250,000-3.8%$866/sqft
    Source: CRMLS #OC24217728 Report a problem
    1/15/2025Price change$1,300,000-1.9%$900/sqft
    Source: CRMLS #OC24217728 Report a problem
    1/2/2025Price change$1,325,000-1.9%$918/sqft
    Source: CRMLS #OC24217728 Report a problem
    10/21/2024Listed for sale$1,350,000+106.7%$935/sqft
    Source: CRMLS #OC24217728 Report a problem
    10/23/2022Listing removed--
    Source: Zillow Rental Manager Report a problem
    9/12/2022Listed for rent$3,800$3/sqft
    Source: Zillow Rental Manager Report a problem
    9/20/2017Sold$653,000-4%$452/sqft
    Source: Public Record Report a problem
    10/18/2005Sold$680,000+209.1%$471/sqft
    Source: Public Record Report a problem
    2/3/1998Sold$220,000+10%$152/sqft
    Source: Public Record Report a problem
    8/14/1997Sold$200,000$139/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$7,508 +1.7%$742,999 +2%
    2024$7,382 +2.1%$728,431 +2%
    2023$7,228 +1.9%$714,149 +2%
    2022$7,090 +2%$700,147 +2%
    2021$6,953 +1%$686,419 +1%
    2020$6,884 $679,381 +2%
    2019$6,884 +2%$666,060 +2%
    2018$6,749 +7.7%$653,000 +4.5%
    2017$6,266 $625,000 +5.9%
    2016$6,266 +5.9%$590,000 +10.7%
    2015$5,914 +10.4%$533,000
    2014$5,356 $533,000 +5.2%
    2013-- $506,660
    2012-- $506,660 -6%
    2011-- $539,000 -6.7%
    2010-- $578,000 -18.3%
    2009-- $707,472
    2008-- $707,472 +2%
    2007-- $693,600 +2%
    2006-- $680,000 +169.8%
    2005-- $252,014 +2%
    2004-- $247,073 +1.9%
    2003-- $242,545 +2%
    2002-- $237,790 +2%
    2001$2,469 +1.3%$233,128 +2%
    2000$2,436 $228,557
    Find assessor info on the county website

    Neighborhood: 92692

    Nearby homes

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Castille
    • Middle: Newhart
    • High: Capistrano Valley

    Source: CRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $1,105,800
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,105,800

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