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Sold for $1,150,000
  • Listed by: Regency Real Estate Brokers • Steven Ruiz • Contact: 949-707-4319
    Bought with: Kathleen Monroe Real Estate
    $1,150,000

    22656 Formentor #47, Mission Viejo, CA 92692

    2beds
    1,286sqft
    Condominium
    Built in 1979
    -- sqft lot
    $1,159,000 Zestimate®
    $894/sqft
    $4,511 Estimated rent

    Home value

    $1,159,000

    $1.07M - $1.26M

    $4,511/mo

    Zestimate® history
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    What's special

    SIMPLY PUT, THIS IS THE NICEST MALLORCA CONTESSA PLAN TO EVER COME ON THE MARKET.... Proximity to the lower pool/spa, being next to an access to the Lakefront, the ease in visiting Plaza Del Lago without being so close that noise is a factor and the value of having no neighboring building directly to the south of you are all wonderful features. Add-on being one street off the lakefront, looking down on the greenbelt pathway affording you an unobstructed view of a portion of the Mallorca Promenade, the Bulkhead and boats docked on the lake, coupled with the lack of any third story homes on either side of the walkway and it is no wonder that this is one of the very best views in Mallorca. Not only is the Lake staring you in the face, your view is enhanced by visions of East Beach and the Oak Preserve. Don't overlook the angle the home rests on. Facing South East, that rear balcony gets sunshine all day long, making this one of the best naturally lighted homes in the tract. There is so much sunshine, 3 retractable awnings have been added to create an option between sun and shade; warm and cool. That angle helps capture the gentile afternoon breeze that travels south to north. At the same time, that positioning protects from the elements brought by the Santa Ana Winds that blow north to south. But what makes this home most unique is what has been done to the kitchen and to the primary bath. Widening the kitchen doorway from the original 32 inches to an impressive 54 inches, and raising the entire ceiling and access by 2 feet creates quite the impression. The wine cooler and the quartz counter atop it supplements the illusion of expansion by making the entry appear to be a stunning 70 inches wide. Under cabinet lighting, 3 lazy Susan's, quartz counters, elegant cabinetry with glass doors, soft close features on the doors and drawers with dovetail joint construction, both pendant and recessed can lighting, pewter knobs and handles, stainless steel appliances including the refrigerator, dishwasher, microwave and the oven/stove with its 4 burners and a 5th burner griddle feature all come together to make this kitchen one that anyone would be proud of. And the view. People will argue over who gets to do the dishes in that barn style sink. The best feature of the home is probably the primary bath. Modified to allow for a large walk-in shower AND luxurious soaking tub with wall mounted TV, the double sinks and the tiled walls will take anyone a moment to comprehend.

    Zillow last checked:

    Listing updated:

    Listed by:

    Steven Ruiz DRE #01073207 949-292-6058,

    Regency Real Estate Brokers,

    Carol Ruiz DRE #02057538,

    Regency Real Estate Brokers

    Bought with:

    Kathleen Monroe, DRE #01510329

    Kathleen Monroe Real Estate

    Source: CRMLS,MLS#: OC25018035MLS 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, Laundry, Living Room, Primary Bathroom, Primary Bedroom, Dining Room
    Primary bedroom
    • Features: Primary Suite
    Primary bedroom
    • Features: Main Level Primary
    Bedroom
    • Features: Bedroom on Main Level
    Bathroom
    • Features: Bathroom Exhaust Fan, Bathtub, Dual Sinks, Full Bath on Main Level, Multiple Shower Heads, Stone Counters, Remodeled, Soaking Tub, Separate Shower, Tub Shower
    Other
    • Features: Dressing Area
    Kitchen
    • Features: Quartz Counters, Remodeled, Self-closing Cabinet Doors, Self-closing Drawers, Updated Kitchen
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Disposal, Gas Oven, Gas Range, Gas Water Heater, Microwave, Refrigerator, Water To Refrigerator, Water Heater
    • Laundry: Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup, Inside, In Garage
    Features
    • Balcony, Ceiling Fan(s), Separate/Formal Dining Room, Living Room Deck Attached, Quartz Counters, Stone Counters, Recessed Lighting, Unfurnished, Bedroom on Main Level, Dressing Area, Main Level Primary, Primary Suite
    • Flooring: Carpet, Tile
    • Windows: Casement Window(s), Custom Covering(s), Screens
    • Has fireplace: Yes
    • Fireplace features: Gas, Living Room
    • Common walls with other units/homes: 2+ Common Walls,End Unit,No One Above
    Interior area
    • Total interior livable area: 1,286 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage, Garage Door Opener
    • Garage spaces: 2
    Accessibility
    • Accessibility features: None
    Features
    • Levels: One
    • Stories: 1
    • Entry location: street level with 5 steps
    • Patio & porch: Covered, Deck
    • Exterior features: Awning(s)
    • Pool features: Fenced, Filtered, Gunite, Gas Heat, Heated, In Ground, Association
    • Has spa: Yes
    • Spa features: Association, Gunite, Heated, In Ground
    • Fencing: Wrought Iron
    • Has view: Yes
    • View description: City Lights, Hills, Lake, Mountain(s), Neighborhood, Panoramic, Pier, Trees/Woods, Water
    • Has water view: Yes
    • Water view: Lake,Pier,Water
    • Waterfront features: Lake, Lake Privileges
    Lot
    • Size: 5.72 Acres
    • Features: Greenbelt
    Details
    • Parcel number: 93667047
    • Zoning: PUD
    • Special conditions: Trust

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: Mediterranean
    • Property subtype: Condominium
    • Attached to another structure: Yes
    Materials
    • Stucco
    • Foundation: Slab
    • Roof: Spanish Tile,Tar/Gravel
    Condition
    • Updated/Remodeled,Turnkey
    • New construction: No
    • Year built: 1979
    Details
    • Builder model: Contessa

    Utilities & green energy

    • Electric: 220 Volts in Laundry
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected

    Community & HOA

    Community
    • Features: Curbs, Lake, Storm Drain(s), Street Lights, Sidewalks, Gated
    • Security: Carbon Monoxide Detector(s), Gated with Guard, Gated Community, Smoke Detector(s)
    • Subdivision: Mallorca Condos (Mq)
    HOA
    • Has HOA: Yes
    • Amenities included: Dock, Maintenance Grounds, Insurance, Outdoor Cooking Area, Barbecue, Picnic Area, Pool, Pet Restrictions, Pets Allowed, Spa/Hot Tub, Trash
    • Services included: Earthquake Insurance
    • HOA fee: $685 monthly
    • HOA name: Mallorca Condo HOA
    • HOA phone: 949-855-1800
    • Second HOA fee: $28 monthly
    • Second HOA name: Lmva
    • Second HOA phone: 949-770-1313
    Location
    • Region: Mission Viejo

    Financial & listing details

    • Price per square foot: $894/sqft
    • Tax assessed value: $661,531
    • Annual tax amount: $6,752
    • Date on market: 1/25/2025
    • Cumulative days on market: 2 days
    • Listing terms: Cash,Cash to New Loan,Conventional,FHA,Fannie Mae,Freddie Mac,VA Loan
    • Inclusions: bluetooth speaker in bath, porcelain flooring, ceiling fans, refrigerator, wine cooler, fresh interior paint, no one living above, newer HVAC & water heater
    • Exclusions: Please do not overlook the 3D Matterport Virtual Tour found under the 360 Icon beneath the map.
    • Road surface type: Paved

    Price history

    DateEventPrice
    6/12/2026Listing removed$4,800$4/sqft
    Source: CRMLS #OC26031520 Report a problem
    5/4/2026Price change$4,800-4%$4/sqft
    Source: CRMLS #OC26031520 Report a problem
    2/12/2026Listed for rent$5,000-9.1%$4/sqft
    Source: CRMLS #OC26031520 Report a problem
    3/9/2025Listing removed$5,500$4/sqft
    Source: CRMLS #OC25033505 Report a problem
    2/26/2025Sold$1,150,000$894/sqft
    Source: CRMLS #OC25018035 Report a problem
    2/26/2025Listed for rent$5,500+103.7%$4/sqft
    Source: CRMLS #OC25033505 Report a problem
    1/28/2025Pending sale$1,150,000$894/sqft
    Source: CRMLS #OC25018035 Report a problem
    1/25/2025Listed for sale$1,150,000+101.8%$894/sqft
    Source: CRMLS #OC25018035 Report a problem
    8/4/2016Sold$570,000-2.6%$443/sqft
    Source: Public Record Report a problem
    7/1/2016Pending sale$585,000$455/sqft
    Source: CENTURY 21 Beachside, Realtors #OC16113118 Report a problem
    5/27/2016Listed for sale$585,000+284.9%$455/sqft
    Source: CENTURY 21 Beachside, Realtors #OC16113118 Report a problem
    6/6/2015Listing removed$2,700$2/sqft
    Source: Century 21 Beachside MV #OC15078489 Report a problem
    5/21/2015Price change$2,700-6.9%$2/sqft
    Source: Century 21 Beachside MV #OC15078489 Report a problem
    4/16/2015Listed for rent$2,900+16%$2/sqft
    Source: Century 21 Beachside MV #OC15078489 Report a problem
    10/10/2013Listing removed$2,500$2/sqft
    Source: First Team Real Estate #OC13188218 Report a problem
    9/22/2013Listed for rent$2,500$2/sqft
    Source: First Team Real Estate #OC13188218 Report a problem
    4/21/1995Sold$152,000-13.6%$118/sqft
    Source: Public Record Report a problem
    11/9/1994Sold$175,903$137/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$6,752 +2.7%$661,531 +2%
    2024$6,574 +2.1%$648,560 +2%
    2023$6,437 +1.9%$635,844 +2%
    2022$6,314 +2%$623,377 +2%
    2021$6,193 +1%$611,154 +1%
    2020$6,131 $604,888 +2%
    2019$6,131 +2%$593,028 +2%
    2018$6,011 +4%$581,400 +2%
    2017$5,780 $570,000 +164.3%
    2016$5,780 +163.1%$215,669 +1.5%
    2015$2,197 +2.7%$212,430 +2%
    2014$2,139 $208,269 +0.5%
    2013-- $207,328 +2%
    2012-- $203,263 +2%
    2011-- $199,278 +0.8%
    2010-- $197,789 -0.2%
    2009-- $198,259 +2%
    2008-- $194,372 +2%
    2007-- $190,561 +2%
    2006-- $186,825 +2%
    2005-- $183,162 +2%
    2004-- $179,571 +1.9%
    2003-- $176,280 +2%
    2002-- $172,824 +2%
    2001$1,743 +1.6%$169,436 +2%
    2000$1,716 $166,114
    Find assessor info on the county website

    Neighborhood: 92692

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    Estimated market value
    $1,159,000
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    Estimated market value
    $1,159,000