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21451 Canaria, Mission Viejo, CA, 92692

2beds
3baths
2,219sqft
$1,339,900
$604price/sqft
$8,636/moest. monthly cost
$345,440/yrincome needed

About This Home

Welcome to one of Palmia's most EXCEPTIONAL VIEW residences, gracefully situated within the prestigious Terraces neighborhood of this highly sought-after 24-hour guard-gated 55+ community. This highly desirable "Salerno" floor plan offers approximately 2,219 square feet of living space, featuring a spacious main-level primary suite with a retreat area, soaring ceilings, and expansive windows that fill the home with abundant natural light. Recently enhanced with a beautifully remodeled spa-inspired primary bathroom, this home blends timeless elegance with modern comfort. The inviting formal living and dining rooms flow effortlessly into the open family room and kitchen, creating the perfect setting for both everyday living and entertaining. The kitchen opens to an eating nook, which leads to your oversized family room overlooking the spectacular backyard. Step outside to your own private sanctuary and experience breathtaking panoramic views stretching across Modjeska Canyon, Saddleback Mountain, sparkling city lights, and unforgettable California sunsets. Whether enjoying a peaceful morning coffee or entertaining family and friends, the outdoor living space offers a truly remarkable backdrop. Residents of Palmia enjoy an award-winning active adult lifestyle with a clubhouse, swimming pools, spa, fitness center, tennis and pickleball courts, library, billiards, bocce ball, countless clubs and social activities, plus exclusive Lake Mission Viejo membership. Conveniently located near shopping, restaurants, golf, and major medical facilities, this exceptional home offers the rare opportunity to enjoy luxury, comfort, and breathtaking views in one of Orange County’s most sought-after 55+ communities. Luxury. Comfort. Community. Welcome home to Palmia.

Getting Around

38
WalkingCar-Dependent
0
TransitVery Limited Transit
39
BikeSomewhat Bikeable

Schools

6/10
10/10
Trabuco Hills High SchoolGrades 9-121.2 mi

Construction

Condition

  • Year built: 1992

Materials

  • Roof: Concrete,Membrane,Tile
  • Construction materials: Drywall,Concrete,Stucco,Copper Plumbing

Other

  • Builder model: Salerno
  • Builder name: J.M. Peters

Type & Style

  • Home type: SingleFamily
  • Architectural style: Modern,Traditional
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Built-In Range,Dishwasher,Gas Cooktop,Disposal,Gas Oven,Gas Range,Gas Water Heater,Microwave,Refrigerator,Vented Exhaust Fan,Water To Refrigerator,Dryer,Washer
  • Laundry features: Inside,Laundry Room

Bathroom

  • Features: Bidet,Bathtub,Closet,Dual Sinks,Enclosed Toilet,Full Bath on Main Level,Linen Closet,Remodeled,Separate Shower,Walk-In Shower

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1
  • Main level bathrooms: 2
  • Main level bedrooms: 1

Family Room

  • Features: Separate Family Room

Features

  • Built-in Features,Breakfast Area,Ceiling Fan(s),Cathedral Ceiling(s),Granite Counters,High Ceilings,In-Law Floorplan,Open Floorplan,Stone Counters,Recessed Lighting,Storage,Two Story Ceilings,Loft,Main Level Primary,Primary Suite,Walk-In Closet(s)
  • Door features: Mirrored Closet Door(s)
  • Window features: Double Pane Windows,Plantation Shutters,Screens
  • Flooring: Carpet,Vinyl,Wood
  • Fireplace features: Gas Starter,Living Room
  • Fireplace: Yes
  • Common walls with other units/homes: No Common Walls

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total interior livable area: 2,219 sqft

Kitchen

  • Features: Granite Counters,Kitchen Island,Kitchen/Family Room Combo,Stone Counters,Remodeled,Updated Kitchen

Master Bedroom

  • Features: Primary Suite

Master Bedroom

  • Features: Main Level Primary

Other

  • Features: Walk-In Closet(s)

Property

Accessibility

  • Accessibility features: Safe Emergency Egress from Home,Grab Bars,Low Pile Carpet,No Stairs,Parking,Accessible Doors,Accessible Entrance

Details

  • Parcel number: 83641157
  • Zoning: R1
  • Special condition: Standard
  • Exclusions: Personal Household Items

Features

  • Levels: Two
  • Stories: 2
  • Entry location: 1
  • Pool features: Community,Heated,Association
  • Patio & porch: Concrete,Front Porch,Open,Patio,Stone
  • Exterior features: Rain Gutters
  • Has spa: Yes
  • Spa features: Association,Community,Heated,In Ground
  • Fencing: Block,Good Condition,Privacy,Security,Wrought Iron
  • Has view: Yes
  • View description: City Lights,Canyon,Hills,Panoramic
  • Waterfront features: Lake Privileges

Lot

  • Lot size: 4,576 sqft
  • Features: 0-1 Unit/Acre,Back Yard,Close to Clubhouse,Cul-De-Sac,Front Yard,Garden,Sprinklers In Front,Lawn,Landscaped,Rectangular Lot,Sprinkler System,Walkstreet

Parking

  • Total spaces: 2
  • Parking features: Direct Access,Driveway,Garage,Garage Door Opener
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Inland Flooding
    Inland FloodingVery High
  • Earthquake
    EarthquakeRelatively High
  • Heat Wave
    Heat WaveModerate

How This Home’s Risks Compare

Inland Flooding
Earthquake
Heat Wave

FEMA Declared Disasters in Orange County and California

Earthquake
Flood
Mud Landslide
Severe Storm
Snowstorm
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $6,775$81,300
Home Insurance *$251$3,012
Property Taxes $1,135$13,620
Electricity $475$5,710
Total$8,636$103,632
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$296,091/yr
40% on housing$259,080/yr
45% on housing$230,293/yr

California FAIR Plan Programs

California FAIR Plan Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 417,310Commercial: 13,990
Total Premiums$1.42B
Total Exposure$429.84B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.6%
8.6%
0%30.0%
Electricity Growth Rate10-year average: 4.3%
4.3%
0%15.0%
Property Taxes Growth Rate2-year average: 0.7%
0.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$604This listing

vs Other Active Listings

Avg $/sqft

ZIP 92692$555
Orange County$768

vs Homes Sold Last Month

Median $/sqft

ZIP 92692$662
Orange County$707

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-08-04Contingent$1,339,900
2026-07-20Listed for sale$1,339,900
2023-10-04Sold$1,240,000
2023-09-21Pending sale$1,239,900
2023-09-06Listed for sale$1,239,900
2023-08-03Listing removed--
2023-06-06Listed for sale$1,249,900
2020-11-10Sold$825,000
2020-09-25Pending sale$845,000
2020-09-04Listed for sale$845,000
2015-06-05Sold$730,000
2015-05-09Pending sale$734,900
2015-05-06Listed for sale$734,900

For Sale by Agent

AgentEllie Park
BrokerageJC Pacific Corp

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