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Sold for $825,000
  • Listed by: Regency Real Estate Brokers • Steven Ruiz • Contact: 949-707-4319
    Bought with: Coldwell Banker Realty
    $825,000

    27762 Arta #2, Mission Viejo, CA 92692

    2beds
    1,286sqft
    Condominium
    Built in 1979
    -- sqft lot
    $841,000 Zestimate®
    $642/sqft
    $3,883 Estimated rent

    Home value

    $841,000

    $774,000 - $917,000

    $3,883/mo

    Zestimate® history
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    What's special

    Pool and spa areasGas fireplaceBoat docksContemporary upgradesPrivate backyardBbq stationsModern doors
    Welcome to 27762 Arta, a serene garden-level condo in the exclusive gated community of Mallorca on Lake Mission Viejo! This beautifully updated home offers the perfect blend of style, privacy, and breathtaking views. Completely remodeled, this 2-bedroom, 2-bath condo boasts laminate plank flooring in the main living areas, stylish tile in the kitchen and baths, and no carpet throughout. Enjoy expansive mountain views, spectacular sunsets, and peek-a-boo lake views—all from your spacious patio that feels like a private backyard. The rear wall of glass brings in natural light and stunning vistas, while the orientation keeps the unit cool, minimizing the need for air conditioning. Inside, you’ll find contemporary upgrades throughout, including modern doors, cabinetry, countertops, roller shades, lighting, and fixtures. Both bathrooms feature sleek, current tile work and finishes. Cozy up by the gas fireplace in the winter, or entertain guests year-round—this unit has hosted large gatherings thanks to its unique outdoor space. This is a true turnkey opportunity. Not to be overlooked are the incredible amenities that define the Mallorca lifestyle. This private, resort-style community features a 24/7 manned gate for added peace of mind and security. Residents enjoy exclusive access to the Mallorca private beach, complete with a sandy shoreline, a designated swim area, 14 shaded picnic tables, 4 BBQ stations, lounge chairs, a cabana, restrooms and a convenient outdoor shower area to rinse off after a day in the sun. For boating enthusiasts, the community offers 72 in-water boat docks and additional dry docks for paddleboard storage. Take a stroll along the lakeside promenade, where vibrant views and the soothing sounds of the water create a tranquil, scenic walking path. For more traditional relaxation, Mallorca boasts two pool and spa areas, perfect for unwinding or spending time with friends and family. Lake Mission Viejo is also a true highlight. As a lake member, you’ll enjoy access to year-round boating and swimming, summer concerts and movies under the stars, a spectacular fireworks show, beach volleyball, the popular “Taste of the Lake” picnic, and access to lakefront clubhouses for events and gatherings. Mallorca isn’t just a place to live—it’s a lifestyle. Don’t miss this rare opportunity to own one of the most private, updated units in Mallorca!

    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:

    Brian Gibney, DRE #01383231

    Coldwell Banker Realty

    Source: CRMLS,MLS#: OC25158744MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 1
    • 3/4 bathrooms: 1
    • Main level bathrooms: 2
    • Main level bedrooms: 2
    Rooms
    • Room types: Bedroom, Entry/Foyer, Foyer, Living Room, Primary Bathroom, Primary Bedroom, Dining Room
    Primary bedroom
    • Features: Main Level Primary
    Primary bedroom
    • Features: Primary Suite
    Bedroom
    • Features: Bedroom on Main Level
    Bathroom
    • Features: Bathroom Exhaust Fan, Bathtub, Dual Sinks, Quartz Counters, Remodeled, Tub Shower, Upgraded
    Other
    • Features: Dressing Area
    Kitchen
    • Features: Granite Counters, Remodeled, Self-closing Drawers, Updated Kitchen
    Heating
    • Central, Forced Air
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Free-Standing Range, Gas Cooktop, Disposal, Gas Oven, Gas Range, Gas Water Heater, Microwave, Self Cleaning Oven, Water To Refrigerator, Water Heater
    • Laundry: Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup, Inside, Laundry Closet
    Features
    • Ceiling Fan(s), Separate/Formal Dining Room, Granite Counters, Open Floorplan, Quartz Counters, Recessed Lighting, Unfurnished, Bedroom on Main Level, Dressing Area, Entrance Foyer, Main Level Primary, Primary Suite
    • Flooring: Laminate, Tile
    • Doors: Mirrored Closet Door(s), Sliding Doors
    • Windows: Drapes, Screens
    • Has fireplace: Yes
    • Fireplace features: Gas, Living Room, Raised Hearth
    • Common walls with other units/homes: 2+ Common Walls,End Unit
    Interior area
    • Total interior livable area: 1,286 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Door-Single, Garage, Garage Door Opener
    • Garage spaces: 2
    Accessibility
    • Accessibility features: None
    Features
    • Levels: One
    • Stories: 1
    • Entry location: down 1 flight of stairs
    • Patio & porch: Concrete, Covered, Patio, Wrap Around
    • Pool features: Fenced, Filtered, Gunite, Heated, In Ground, Association
    • Has spa: Yes
    • Spa features: Association, Gunite, Heated, In Ground
    • Fencing: Wrought Iron
    • Has view: Yes
    • View description: City Lights, Mountain(s), Panoramic
    Lot
    • Size: 5.4 Acres
    • Features: Cul-De-Sac, Paved
    Details
    • Parcel number: 93671002
    • Zoning: R1
    • Special conditions: Standard

    Construction

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

    Utilities & green energy

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

    Community & HOA

    Community
    • Features: Gutter(s), Street Lights, Suburban, 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: Management, Barbecue, Picnic Area, Pool, Pet Restrictions, Spa/Hot Tub, Security, Trash
    • Services included: Earthquake Insurance
    • HOA fee: $685 monthly
    • HOA name: Mallorca HOA
    • HOA phone: 949-855-1800
    • Second HOA fee: $30 monthly
    • Second HOA name: Lmva
    • Second HOA phone: 949-770-1313
    Location
    • Region: Mission Viejo

    Financial & listing details

    • Price per square foot: $642/sqft
    • Tax assessed value: $590,566
    • Annual tax amount: $5,970
    • Date on market: 7/17/2025
    • Cumulative days on market: 11 days
    • Listing terms: Conventional
    • Inclusions: none
    • Exclusions: none
    • Road surface type: Paved

    Price history

    DateEventPrice
    8/28/2025Sold$825,000-2.9%$642/sqft
    Source: CRMLS #OC25158744 Report a problem
    7/29/2025Pending sale$850,000$661/sqft
    Source: CRMLS #OC25158744 Report a problem
    7/17/2025Listed for sale$850,000+57.4%$661/sqft
    Source: CRMLS #OC25158744 Report a problem
    10/7/2019Sold$540,000-1.8%$420/sqft
    Source: CRMLS #OC19093779 Report a problem
    9/4/2019Pending sale$549,900$428/sqft
    Source: Regency Real Estate Brokers #OC19093779 Report a problem
    8/9/2019Price change$549,900-1.8%$428/sqft
    Source: Regency Real Estate Brokers #OC19093779 Report a problem
    7/1/2019Price change$559,900-6.7%$435/sqft
    Source: Regency Real Estate Brokers #OC19093779 Report a problem
    4/25/2019Listed for sale$599,900+21714.5%$466/sqft
    Source: Regency Real Estate Brokers #OC19093779 Report a problem
    6/22/2017Listing removed$2,750$2/sqft
    Source: Regency Real Estate Brokers #OC17106342 Report a problem
    6/21/2017Sold$2,750-99.4%$2/sqft
    Source: CRMLS #OC17106342 Report a problem
    5/15/2017Listed for rent$2,750$2/sqft
    Source: Regency Real Estate Brokers #OC17106342 Report a problem
    3/25/2015Sold$425,000+68.7%$330/sqft
    Source: Public Record Report a problem
    7/24/2001Sold$252,000$196/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$5,970 +1.7%$590,566 +2%
    2024$5,872 +2.2%$578,987 +2%
    2023$5,748 +1.9%$567,635 +2%
    2022$5,639 +2%$556,505 +2%
    2021$5,530 +1%$545,594 +1%
    2020$5,475 $540,000 +17.9%
    2019$5,475 +17.9%$457,890 +2%
    2018$4,644 +4%$448,912 +2%
    2017$4,466 $440,110 +2%
    2016$4,466 +1.9%$431,481 +39.3%
    2015$4,381 +41.1%$309,750 +2%
    2014$3,105 $303,683 +0.5%
    2013-- $302,311 +2%
    2012-- $296,384 +2%
    2011-- $290,573 +0.8%
    2010-- $288,402 -0.2%
    2009-- $289,088 +2%
    2008-- $283,420 +2%
    2007-- $277,863 +2%
    2006-- $272,415 +2%
    2005-- $267,074 +2%
    2004-- $261,838 +1.9%
    2003-- $257,040 +2%
    2002-- $252,000 +38.6%
    2001$1,912 +1.4%$181,822 +2%
    2000$1,886 $178,257
    Find assessor info on the county website

    Neighborhood: 92692

    Nearby schools

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    Estimated market value
    $841,000
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $841,000