Recently Viewed Properties
See This Home
Save This Listing
Close

View All Photos

$1,299,000 Just Listed

  • For Sale
  • Active
  • Condo
  • 2 Beds
  • 2 Full Baths
  • 1,444 Sq. Ft.
  • 2 Car Garage
  • Updated 1 day ago
See This Home
Save This Home
See This Home
Save This Home
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 for 22506 Formentor

General

  • Price: $1,299,000
  • HOA FEE: $754/month
  • Status: Active
  • Type: Condo
  • Source: MRMLS
  • MLS ID: OC26179076
  • Updated: 8/16/2026
  • Days on Market: 2 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.: $899.58
  • 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, Kelly Arshi and Re/Max First Class, Claudette Milan

Quickly Find Out More

* Indicates a required field

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Send Message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby’s International Realty®). I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.

We Value Your Privacy

Listing agents

— 22506 Formentor —

  • Kelly Arshi

    Re/Max First Class

  • Claudette Milan

    Re/Max First Class

949-455-0606

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 22506 Formentor

School District:Capistrano Unified School District
NameGradesDistance
Castille Elementary School
24042 Via La Coruna, Mission Viejo, CA 92691
PK-51.7 mi
Newhart Middle School
25001 Veterans Way, Mission Viejo, CA 92692
6-82.6 mi
Capistrano Valley High School
26301 Via Escolar, Mission Viejo, CA 92692
9-126.7 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 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
8/15/2026
Listed
$1,299,000
18.09%
MLS
10/15/2025
Sold
$1,100,000
—
Public Record
Get Price Alerts and Save Property
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 for 22506 Formentor

Year
Property Taxes
Change
Tax Assessment
Change
2025
$8,347
—
$1,100,000
33%
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
—
View All
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 for 22506 Formentor

$
Down Payment
%
$
%

$
$
$

*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Re/Max First Class, Kelly Arshi and Re/Max First Class, Claudette Milan

Similar Properties near 22506 Formentor

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

3524 Bahia Blanca, Laguna Woods, CA 92637 - Photo 1
$1,200,000

3524 Bahia Blanca  #B  Laguna Woods, CA 92637

  • Condo
  • Active
  • Updated 1 day ago
  • 2
    Beds
  • 2
    Total Baths
  • 1,643
    Sq. Ft.
33 Calle Del Norte, Rancho Santa Margarita, CA 92688 - Photo 1 Just Listed
$1,249,900

33 Calle Del Norte  Rancho Santa Margarita, CA 92688

  • Condo
  • Active
  • Updated 1 day ago
  • 3
    Beds
  • 3
    Total Baths
  • 2,168
    Sq. Ft.
192 Finch, Lake Forest, CA 92630 - Photo 1
$1,305,000

192 Finch  Lake Forest, CA 92630

  • Condo
  • Active
  • Updated 23 hours ago
  • 3
    Beds
  • 3
    Total Baths
  • 1,965
    Sq. Ft.
182 Finch, Lake Forest, CA 92630 - Photo 1
$1,295,000

182 Finch  Lake Forest, CA 92630

  • Condo
  • Active
  • Updated 7 days ago
  • 3
    Beds
  • 3
    Total Baths
  • 2,068
    Sq. Ft.

Just Listed near 22506 Formentor

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

26711 Laurel Crest, Laguna Hills, CA 92653 - Photo 1 Just Listed
$1,900,000

26711 Laurel Crest  Laguna Hills, CA 92653

  • Single Family
  • Active
  • Updated 23 hours ago
  • 4
    Beds
  • 3
    Total Baths
  • 2,920
    Sq. Ft.
Listed by Greg Bingham (CalRE#: 01309137) (562) 335-0145 and Tim Smith (CalRE#: 01346878) (949) 678-1070
25141 Madeira, Laguna Hills, CA 92653 - Photo 1 Just Listed
$1,295,000
Open House

25141 Madeira  Laguna Hills, CA 92653

  • Single Family
  • Active
  • Updated 1 day ago
  • 3
    Beds
  • 2
    Total Baths
  • 1,229
    Sq. Ft.
26432 Broken Bit, Laguna Hills, CA 92653 - Photo 1 Just Listed
$9,888,000
Open House

26432 Broken Bit  Laguna Hills, CA 92653

  • Single Family
  • Active
  • Updated 12 hours ago
  • 6
    Beds
  • 7
    Total Baths
  • 5,555
    Sq. Ft.
26382 Modena, Laguna Hills, CA 92653 - Photo 1 Just Listed
$1,400,000

26382 Modena  Laguna Hills, CA 92653

  • Condo
  • Active
  • Updated 10 hours ago
  • 3
    Beds
  • 3
    Total Baths
  • 2,549
    Sq. Ft.

Price Reduced near 22506 Formentor

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

23791 Formello, Laguna Hills, CA 92653 - Photo 1 Price Reduced
-$24,000 (-1.85%)
$1,274,000

23791 Formello  Laguna Hills, CA 92653

  • Single Family
  • Active
  • Updated 10 hours ago
  • 4
    Beds
  • 2
    Total Baths
  • 1,660
    Sq. Ft.
22342 Caminito Escobedo, Laguna Hills, CA 92653 - Photo 1 Price Reduced
-$15,000 (-2.07%)
$710,000

22342 Caminito Escobedo  Laguna Hills, CA 92653

  • Condo
  • Active
  • Updated 37 minutes ago
  • 3
    Beds
  • 2
    Total Baths
  • 1,368
    Sq. Ft.
25551 Indian Hill Ln, Laguna Hills, CA 92653 - Photo 1 Price Reduced
-$10,000 (-1.75%)
$559,900

25551 Indian Hill Ln  #C  Laguna Hills, CA 92653

  • Condo
  • Active
  • Updated 1 day ago
  • 2
    Beds
  • 2
    Total Baths
  • 1,071
    Sq. Ft.
24961 Expressway, Laguna Hills, CA 92653 - Photo 1 Price Reduced
-$41,000 (-3.18%)
$1,249,000

24961 Expressway  Laguna Hills, CA 92653

  • Single Family
  • Active
  • Updated 37 minutes ago
  • 3
    Beds
  • 2
    Total Baths
  • 1,229
    Sq. Ft.

Recent Sales near 22506 Formentor

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

22486 Petra, Mission Viejo, CA 92692 - Photo 1 Sold
$1,130,000

22486 Petra  Mission Viejo, CA 92692

  • Condo
  • Closed
  • 2
    Beds
  • 2
    Total Baths
  • 1,444
    Sq. Ft.
Sold by Kat Gipson (CalRE#: 02104815)
22526 Petra, Mission Viejo, CA 92692 - Photo 1 Sold
$1,150,000

22526 Petra  #22  Mission Viejo, CA 92692

  • Condo
  • Closed
  • Updated 3 days ago
  • 2
    Beds
  • 2
    Total Baths
  • 1,444
    Sq. Ft.
22402 Valdemosa, Mission Viejo, CA 92692 - Photo 1 Sold
$1,295,000

22402 Valdemosa  #19  Mission Viejo, CA 92692

  • Condo
  • Closed
  • 3
    Beds
  • 3
    Total Baths
  • 1,874
    Sq. Ft.
27794 Deya, Mission Viejo, CA 92692 - Photo 1 Sold
$1,131,000

27794 Deya  Mission Viejo, CA 92692

  • Condo
  • Closed
  • 2
    Beds
  • 2
    Total Baths
  • 1,221
    Sq. Ft.
Listed by Monica Badillo (CalRE#: 01338773) and Alexa Badillo (CalRE#: 02215414)

22506 Formentor, Mission Viejo, CA 92692 (MLS# OC26179076) is a Condo property with 2 bedrooms and 2 full bathrooms. 22506 Formentor is currently listed for $1,299,000 and was received on August 15, 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.

Tour this property