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27945 Mazagon, Mission Viejo, CA 92692

$789K2bd · 2ba · 1,255 sqft
Lot 854,021 sqft•HOA $609/mo•Condominium•
Active
•14d on market•MLS# WS-26226885

Property Description

Discover this distinctive residence in the desirable gated community of Finisterra on the Lake, where dramatic architectural details, beautiful natural surroundings, and an exceptional location come together to create a truly inviting home. Set on an elevated hillside overlooking the Lake Mission Viejo area, this property offers a unique combination of spacious interiors and scenic surroundings. Featuring 2 bedrooms, 2 bathrooms, and a spacious upstairs loft, this thoughtfully designed home offers a flexible layout with room to live, work, and unwind. Dramatic vaulted ceilings and expansive windows fill the interior with natural light, creating an open and inviting atmosphere. A beautiful fireplace serves as the centerpiece of the living area, while the private balcony provides a peaceful outdoor retreat. The kitchen combines functionality and style with granite countertops, quality finishes, and premium Thermador and Bosch appliances. Additional interior improvements include updated flooring, baseboards, fixtures, and bathroom finishes, adding comfort and character throughout. The primary suite provides a relaxing retreat, while the upstairs loft offers endless possibilities as a home office, media room, creative studio, or additional lounge area. Perched along the hillside above Lake Mission Viejo, this residence captures stunning panoramic views of the Saddleback Mountains, picturesque hillsides, and glimpses of the lake. The impressive floor-to-ceiling windows beautifully frame the surrounding scenery, bringing the outdoors into your everyday living space. Finisterra on the Lake offers a wonderful collection of amenities, including a community pool, private beach, lakeside pathways, and picnic areas along the water. Conveniently situated near shopping, restaurants, and everyday essentials, the home provides the ideal balance of a peaceful lakeside setting and easy access to everything Mission Viejo has to offer. With its soaring ceilings, versatile loft, beautiful surroundings, and desirable lake community location, this home offers a special opportunity to experience Southern California living at its finest.

Features & Amenities

FeeBuilt 1980

Property Details

Land Type
Fee
Year Built
1980
Property Type
Residential
Property Subtype
Condominium
Parking Spaces
1
Garage Spaces
1
Heating
Central
Cooling
Central Air
View
Hills, Lake, Mountain(s), Panoramic
City
Mission Viejo
Zip Code
92692
County
Orange
Listed byReal Brokerage Technologies, BONING ZHAO

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$3,989.61
Principal & Interest
Loan Amount
$631,200
Total Interest
$805,061
Total Payment Over 30 Years
$1,436,261
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Affordable Tier · 5 active · 5 closed

27945 Mazagon, Mission Viejo, CA 92692

Mission Viejo · Condominium

$789K
Affordable Tier
Beds
2
Baths
2
Sqft
1,255
Lot
19.61 ac
Year
1980
$/Sqft
$629
Pool: No✓
View: city✓
Garage: 1-car✓

Listed 14.2% above the median closed sale of $691,000.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $789K· $629/sqft
Total list price
Closed comps
vs closed median $691K
+$98K (+14.2%)
Active comps
vs active median $775K
+$14K (+1.8%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $583
+$46 (+8.0%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
23186 DeniaMission Viejo1980221,3640$512$699,0002492
27959 MazagonMission Viejo1978221,255854,021$598$749,9991792
27802 GleneaglesMission Viejo1986221,257201,183$617$775,0006089
27780 InvernessMission Viejo1985221,4390$622$895,0007289
27810 GleneaglesMission Viejo1987221,4620$564$825,0003888
Total: 5 · Average2.02.01,355.4527,602$582.6$788,799.842.2
Median1,364$775,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
27941 ChiclanaMission Viejo197805/08/2026221,240854,021$799,999$780,000$6290.976394
27865 MazagonMission Viejo197805/13/2026221,255854,021$679,888$691,000$5511.026393
23334 CosoMission Viejo198009/08/2026221,273339,587$690,000$690,000$5421.005090
23267 Cherry Hill StreetMission Viejo198905/11/2026221,2571,200$825,000$825,000$6561.004687
27887 MazagonMission Viejo197807/07/2026221,135871$675,000$675,000$5951.005586
Total: 5 · Average2.02.01,232409,940$732,200$732,200$594.6—55.4
Median1,255$691,000$691,000

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.