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Property Description
Welcome to 22506 Formentor-an extraordinary penthouse offering one of the most spectacular views on Lake Mission Viejo. Perched in a premier location within the exclusive guard-gated Mallorca community, this exceptional residence captures breathtaking panoramic views stretching across the lake, sandy beaches, boat docks, rolling hills, majestic mountains, and sparkling city lights. Every room is perfectly positioned to showcase the ever-changing beauty of Lake Mission Viejo. Beautifully remodeled and impeccably maintained, this turnkey home blends timeless elegance with modern comfort. The redesigned gourmet kitchen features custom cabinetry, quartz countertops, new stainless-steel appliances, and a sunny breakfast nook that opens to its own private view balcony. The spacious living room is highlighted by a cozy fireplace and expansive sliding doors leading to a large outdoor deck where the stunning scenery becomes part of everyday living. The open-concept dining area is flooded with natural light, creating the perfect setting for entertaining while enjoying uninterrupted waterfront views. Throughout the home, refined finishes include crown molding, raised-panel doors, updated flooring, and designer touches that elevate every space. The luxurious bathrooms have been beautifully renovated with custom cabinetry, elegant stone countertops, premium fixtures, and spa-inspired finishes, creating peaceful retreats that complement the home's sophisticated style. Two private view balconies invite you to relax with your morning coffee or unwind as the sun sets over the lake and city lights begin to sparkle. Two-car garage. Residents of Mallorca enjoy resort-style amenities including pools, spas, and direct access to a private beach on Lake Mission Viejo. Membership to the lake offers year-round recreation including boating, fishing, paddleboarding, swimming, summer concerts, movies under the stars, beachfront picnic areas, barbecues, clubhouse activities, and more. This is more than a home-it's one of Lake Mission Viejo's most coveted penthouses, where breathtaking views, luxurious upgrades, and an unmatched waterfront lifestyle come together in a truly exceptional residence. laundry area. Two relaxing view decks for your enjoyment, in a Guard gated community.
Full Property Details
Full Property Details for 22506 Formentor
General
- Price: $1,380,000
- HOA FEE: $754/month
- Status: Active
- Type: Condo
- Source: MRMLS
- MLS ID: OC26147651
- Updated: 7/9/2026
- Days on Market: 1 days
- Added to Site: 2 day(s) ago
Interior
- Rooms/Areas: Formal Entry, Laundry, Foyer, Kitchen, Living Room, Primary Suite
- Interior Features: Quartz Counters, Living Room Balcony, Ceiling Fan(s), Pantry, Recessed Lighting, Cathedral Ceiling(s)
- Fireplace: Yes
- Fireplace(s): Gas Starter, Living Room
- Eating Areas: Dining Room, Breakfast Nook
- Appliances: Gas Cooktop, Microwave, Gas Water Heater, Vented Exhaust Fan, Water Line to Refrigerator
- Flooring: Carpet, Wood
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
Other Rooms
- Laundry: Inside, Gas Dryer Hookup, In Closet, Washer Hookup
Additional Information
- Shared Amenities: Management, Pool, Trash, Barbecue, Earthquake Insurance, Maintenance Grounds, Picnic Area
- Pool Description: Association, In-Ground, Filtered, Community, Gunite
- Spa Description: Permits, Association, In-Ground, Community, Heated, Gunite
Parking
- Garage: Yes
- Garage Spaces: 2
- Parking: Garage, Garage (Single Door), Garage Faces Front, Garage Door Opener
Location
- County: Orange
- Subdivision: Mallorca Condos (MQ)
- Driving Directions: Marguerite & Vista Del Lago
School Information
- School District: Capistrano Unified
Community
- Community Features: Curbs, Lake, Street Lights, Storm Drains, Sidewalks, Suburban
- Assoc. Name: a, Lake Mission Viejo
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Forced Air, Central
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Contemporary, Mediterranean
- Structure Type: Condominium
- Builder: Mission Viejo Company
- Foundation: Slab
- Common Walls: No Common Walls
- Windows: Double-Pane Windows
- Doors: Mirror Closet Door(s), Panel Doors
- Disability Access: None
- Entry Location: 2
- Stories/Levels: One
- Stories Description: One
- Square Feet: 1,444
- Sq. Ft. Source: Assessor
- Year Built: 1981
- Year Built Source: Assessor
- Property Condition: Termite Clearance, Turnkey
Unit Information
- Units in Complex: 369
Lot Features
- Property View: Mountain(s), City Lights, Water, Panoramic
- Lot Size (Acres): 4.9528
- Lot Size (Sq. Ft.): 215,746
- Lot Size Source: Assessor
- Lot Description: Cul-de-Sac
Financial Considerations
- Price Per Sq. Ft.: $955.68
- Association Fee: $754
- Assoc Fee Freq.: Monthly
- Other Fee: $29
- Other Fee Type: Association Fee 2
- Other Fee Freq.: Monthly
Disclosures and Reports
- Special Conditions: Standard
Listed by Re/Max First Class, Claudette Milan
Get Pre-Approved Today
Schools
Schools serving 22506 Formentor
School District:Capistrano Unified School District
| Name | Grades | Distance |
|---|---|---|
Castille Elementary School 24042 Via La Coruna, Mission Viejo, CA 92691 | PK-5 | 1.7 mi |
Newhart Middle School 25001 Veterans Way, Mission Viejo, CA 92692 | 6-8 | 2.6 mi |
Capistrano Valley High School 26301 Via Escolar, Mission Viejo, CA 92692 | 9-12 | 6.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 22506 Formentor
Date
Details
Price
Change
Source
7/08/2026
Listed
$1,380,000
25.45%
MLS
10/15/2025
Sold
$1,100,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 22506 Formentor
Year
Property Taxes
Change
Tax Assessment
Change
2025
$8,347
2%
$826,121
2%
2024
$8,208
21%
$809,923
21%
2023
$6,756
2%
$667,497
2%
2022
$6,628
2%
$654,409
2%
2021
$6,500
1%
$641,578
1%
2020
$6,436
-6%
$635,000
-6%
2019
$6,819
—
$673,000
—
2018
$6,822
8%
$673,000
8%
2017
$6,337
6%
$625,000
6%
2016
$5,985
20%
$590,000
21%
2015
$4,980
—
$489,000
—
2014
$4,982
6%
$489,000
6%
2013
$4,688
—
$459,660
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 22506 Formentor
22506 Formentor, Mission Viejo, CA 92692 (MLS# OC26147651) is a Condo property with 2 bedrooms and 2 full bathrooms. 22506 Formentor is currently listed for $1,380,000 and was received on July 08, 2026. Want to learn more about 22506 Formentor? Do you have questions about finding other Condo real estate for sale in Mission Viejo? You can browse all Mission Viejo real estate or contact a Coldwell Banker agent to request more information.

