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28938 Paseo Caravella, Mission Viejo, CA 92692

$850K3bd · 2ba · 1,695 sqft
Lot 0 sqft•HOA $740/mo•Condominium•
Active
•210d on market•MLS# PW-26000327

Property Description

Bring All Offers! Discover the perfect blend of comfort, convenience, and resort-style living in this beautiful 3-bedroom, 2-bath, single-level end-unit home in the highly sought-after 55+ guard-gated community of Palmia in Mission Viejo. One of this home's standout features is the rare full-sized 2-car driveway, providing exceptional parking convenience. Inside, abundant natural light, high ceilings, shutters and blinds, recessed lighting, and beautiful hard-surface/tile flooring create a bright and welcoming atmosphere. The spacious eat-in kitchen is designed for everyday living and entertaining, featuring a gas range, generous cabinetry, and a convenient center island. The third bedroom has been thoughtfully opened to the kitchen, creating a versatile bonus space ideal for a TV room, dining area, office, or entertaining. The original hallway door and closet remain, making it easy to convert the space back into a private bedroom. The inviting living room features a fireplace and high ceilings, while the primary suite offers a ceiling fan and direct access to the expansive outdoor space through a sliding glass door. The primary bath features dual sinks and a step-free walk-in shower for added comfort and accessibility. Additional highlights include a separate interior laundry room with abundant cabinetry and a utility sink, plus a direct-access 2-car garage. The home has been re-piped and has no Mello-Roos. Enjoy all that Palmia has to offer, including a clubhouse, two pools, spa, putting course, tennis, organized activities, cable service, and more. With its desirable location, flexible floor plan, abundant amenities, and exceptional parking, this is an opportunity not to miss! Bring your offers and make this Palmia gem your new home!

Features & Amenities

FeeBuilt 1998

Property Details

Land Type
Fee
Year Built
1998
Property Type
Residential
Property Subtype
Condominium
Parking Spaces
4
Garage Spaces
2
Heating
Central
Cooling
Central Air
Flooring
Tile
Roof
Tile
City
Mission Viejo
Zip Code
92692
County
Orange
Listed byWalsh Realty Services, Mary Ann Walsh

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$4,297.56
Principal & Interest
Loan Amount
$679,920
Total Interest
$867,200
Total Payment Over 30 Years
$1,547,120
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

Residential Tier · 5 active · 5 closed

28938 Paseo Caravella, Mission Viejo, CA 92692

Mission Viejo · Condominium

$850K
Residential Tier
Beds
3
Baths
2
Sqft
1,695
Lot
0 sqft
Year
1998
$/Sqft
$501
Pool: Yes✓
Spa: Yes✓
Garage: 2-car✓

Listed in line with the median closed sale of $845,000.

Price Position

Aligned with the market — fair pricing for the comps.

At market
Subject listed at $850K· $501/sqft
Total list price
Closed comps
vs closed median $845K
+$5K (+0.6%)
Active comps
vs active median $990K
−$140K (−14.2%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $617
−$116 (−18.7%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
22114 AntiguaMission Viejo1988331,543102,713$599$924,900090
252 Knoll LakeMission Viejo2000331,637206,559$610$999,0004788
22476 PetraMission Viejo1982331,812215,746$662$1.20M283
27810 GleneaglesMission Viejo1987221,4620$564$825,0001682
28149 ManchucaMission Viejo1981221,5273,478$648$990,0001881
Total: 5 · Average2.62.61,596.2132,124$616.6$987,779.816.6
Median1,543$990,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
27923 WindsorMission Viejo198708/06/2026331,6100$948,900$948,900$5891.006890
28942 Paseo TheresaMission Viejo199507/16/2026221,4000$839,000$839,000$5991.0011487
21539 San GiorgioMission Viejo198910/06/2026331,749199,635$845,000$845,000$4831.003287
321 TrailblazerMission Viejo200006/15/2026221,369206,559$825,000$818,500$5980.994086
413 Knoll LakeMission Viejo200009/01/2026331,900206,559$999,000$935,000$4920.944585
Total: 5 · Average2.62.61,605.6204,251$877,280$877,280$552.2—59.8
Median1,610$845,000$845,000

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.