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27808 Paguera, Mission Viejo, CA, 92692

2beds
2baths
1,444sqft
$1,149,000
$796price/sqft
$7,034/moest. monthly cost
$281,360/yrincome needed

About This Home

The absolute BEST 180 Degree VIEWS of the water and mountains! Wake up every morning to breathtaking panoramic views of Lake Mission Viejo's sparkling 125-acre lake and the rolling Saddleback Valley beyond. Perfectly positioned in the highly sought-after Mallorca community, this beautifully upgraded single-story home offers one of the area's most spectacular view settings—with only three steps to the front door for easy access. Enjoy the resort lifestyle that makes Mallorca so special, with private beaches, boating, kayaking, fishing, summer concerts, Movies in the Moonlight, pools, playgrounds, and year-round community events. There's simply nothing else like it in Southern California. Inside, the light-filled floor plan showcases stunning lake views from the main living areas and the primary suite. Recent upgrades include new windows, luxury flooring, quartz counter tops, fresh paint, recessed LED lighting, smooth walls and ceilings, and beautifully updated baths. The inviting living and dining rooms open to an expansive 200+ sq. ft. view deck, creating seamless indoor-outdoor living that's perfect for entertaining or simply relaxing with the ever-changing lake views. The upgraded kitchen features quartz counters, abundant cabinetry, a gas cook top, dishwasher, built-in desk, indoor laundry, and a spacious breakfast nook that's also ideal as a home office. The primary suite is a peaceful retreat with unobstructed lake views, custom built-ins, and a beautifully remodeled bath with a soaking tub, dual vanity, and generous closet space. A bright secondary bedroom and updated guest bath complete the home. Just steps from the two-car garage and one of Mallorca's pools and spas, this rare offering combines an exceptional panoramic lake and Saddleback Valley view location with the unmatched lifestyle of Lake Mission Viejo. Enjoy nearby Vista del Lago which includes incredible lakeside dining establishments such as Domenicos Italian, Sushi and Hacienda Mexican, gym/workout facilities, various salons, banking, shopping, A Hidden Vine Wine Bar and more.

Getting Around

47
WalkingCar-Dependent
0
TransitVery Limited Transit
25
BikeSomewhat Bikeable

Schools

10/10
9/10
Newhart Middle SchoolGrades 6-82.6 mi
9/10

Construction

Condition

  • Year built: 1979

Type & Style

  • Home type: Condo
  • Property subType: Condominium

Interior

Appliances

  • Laundry features: Inside

Bedroom

  • Features: Bedroom on Main Level

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 2
  • Main level bathrooms: 2
  • Main level bedrooms: 2

Features

  • Built-in Features,Balcony,Open Floorplan,Quartz Counters,Recessed Lighting,Bedroom on Main Level,Main Level Primary,Primary Suite
  • Flooring: Carpet,Vinyl
  • Fireplace features: Living Room
  • Fireplace: Yes
  • Common walls with other units/homes: 2+ Common Walls

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total interior livable area: 1,444 sqft

Kitchen

  • Features: Quartz Counters,Remodeled,Updated Kitchen

Master Bedroom

  • Features: Main Level Primary

Master Bedroom

  • Features: Primary Suite

Property

Details

  • Parcel number: 93685027
  • Attached to another structure: Yes
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1
  • Entry location: 1
  • Pool features: Association
  • Has spa: Yes
  • Spa features: Association
  • Has view: Yes
  • View description: Hills,Lake,Water
  • Has water view: Yes
  • Water view: Lake,Water

Parking

  • Total spaces: 2
  • Parking features: Garage
  • 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

  • Earthquake
    EarthquakeModerate
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate

How This Home’s Risks Compare

Earthquake
Heat Wave
Inland Flooding

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 $5,809$69,708
Home Insurance *$215$2,580
Property Taxes $612$7,344
Electricity $398$4,786
Total$7,034$84,408
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$241,165/yr
40% on housing$211,020/yr
45% on housing$187,573/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

$796This 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
2026-08-05Price change$1,099,000
2026-07-10Listed for sale$1,149,000

For Sale by Agent

AgentPatti Trevino
BrokerageRealty One Group West

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