There are multiple listings for this address:
Waterfront Penthouse. The most spectacular vantage points on Lake Mission Viejo. Ideally positioned within the exclusive guard-gated community, this exceptional residence captures breathtaking panoramic views across the lake, sandy beaches, boat docks, rolling hills, majestic mountains, and sparkling city lights. From nearly every room, the ever-changing beauty of Lake takes center stage. Beautifully remodeled, and impeccably maintained, this turnkey home seamlessly blends timeless elegance with modern comfort. The residence has been thoughtfully refreshed throughout, featuring a completely new kitchen, new stainless-steel appliances, new windows and sliding doors, new carpet, new HVAC system, upgraded attic insulation, smooth walls and ceilings, fresh interior paint, new interior doors and hardware, and new ceiling fans in every room. Every detail has been carefully considered to create a comfortable, sophisticated, and move-in-ready home. The redesigned gourmet kitchen featuring custom cabinetry, quartz countertops, brand-new stainless-steel appliances, and a bright breakfast nook that opens to its own private view balcony. The spacious living room offers a cozy fireplace and expansive new sliding doors that open to a generous outdoor deck, seamlessly extending the living space and bringing the magnificent scenery indoors. The open-concept dining area is filled with natural light and provides an inviting backdrop for elegant entertaining, intimate dinners, and memorable gatherings overlooking the lake. Smooth walls and ceilings, fresh paint, new carpet, new interior doors and hardware, ceiling fans in every room, and abundant natural light contribute to a clean, contemporary aesthetic while maintaining the warmth and character of the residence. The luxurious bathrooms have been beautifully renovated with custom cabinetry, elegant stone countertops, premium fixtures, and spa-inspired finishes. Two private view decks provide wonderful opportunities to enjoy the spectacular surroundings—from morning coffee overlooking the tranquil lake to evening sunsets followed by dazzling city lights. A laundry area and two-car garage. Residents of Mallorca enjoy an exceptional resort-style lifestyle, with community pools, spas, and direct access to a private beach on Lake Mission Viejo. Lake membership offers year-round recreational opportunities including boating, fishing, paddleboarding, swimming, summer concerts, movies under the stars, beachfront picnics, barbecues
Property Details
Price:
$4,900
MLS #:
OC26178565
Status:
Active
Beds:
2
Baths:
2
Type:
Single Family
Subtype:
Condominium
Subdivision:
Mallorca Condos MQ
Neighborhood:
mnmissionviejonorth
Listed Date:
Aug 14, 2026
Finished Sq Ft:
1,444
Lot Size:
215,746 sqft / 4.95 acres (approx)
Year Built:
1981
See this Listing
Schools
School District:
Capistrano Unified
Interior
Appliances
MW, WLR, GS, GWH, VEF
Bathrooms
2 Full Bathrooms
Cooling
CA
Flooring
WOOD, CARP
Heating
FA, CF
Interior Features
CF, RECL, LRBA, PTRY, CC, QTZC
Laundry Features
GAS, IN, ICL, WH
Levels
A
Main Level Bathrooms
2
Main Level Bedrooms
2
Exterior
Accessibility Features
NO
Architectural Style
CNT, MED
Common Walls
NCW
Community Features
SDW, STM, SL, SUB, CRB, LAKE
Garage Spaces
2
Parking Spots
2
Parking Total
2
Security Features
SD, COD, GC, GG, GA
Spa Features
AS, GN, HT, IG, PM, COM
View
CI, MT, PA, WA
Waterfront Features
OL, LR
Window Features
DPW
Financial
HOA Fee
$754
HOA Fee 2
$29
HOA Fee 2 Frequency
MO
HOA Fee Frequency
MO
Map
Community
- Address22506 Formentor Mission Viejo CA
- SubdivisionMallorca Condos (MQ)
- CityMission Viejo
- CountyOrange
- Zip Code92692
Subdivisions in Mission Viejo
- Aegean Heights HE
- Aegean Hills Central AH
- Aliso Villas AV
- Andalusia AN
- Auburn Ridge AR
- Azure AZ
- Barcelona North BA
- Briarwood BW
- California Court CALC
- Casa Loma CL
- Casta Del Sol – Carmel CR
- Casta Del Sol – Fiesta CF
- Casta Del Sol – Pud CS
- Castille North CA
- Cliff Wood CLIF
- Concord CONC
- Cordova North CV
- Cordova South CV
- Cordova Vista CV
- Cortez CZ
- Eastbrook EST
- El Dorado ED
- Emerald Pointe I EP1
- Emerald Pointe II EP2
- Evergreen Lakeview EVEL
- Evergreen Ridge EVE
- Finisterra Green “”Alta”” FGA
- Finisterra Green “”Baja”” FGB
- Finisterra On The Lake FI
- Gallery Collection GLC
- Grand Traditions GRNT
- Highlands HISR
- Hillcrest Village HV
- J.M Peters JMP
- La Mancha Pud LM
- La Paz Central LP
- La Paz South LP
- Lake Aire LKA
- Las Palmas BLP
- Madrid Central MA
- Madrid Del Lago ML
- Madrid North MA
- Magdalena MAGD
- Mallorca Condos MQ
- Melrose MELR
- Mirasol MIR
- Monterey Master MM
- Montiel MO
- New Castille Central CA2
- Pacific Heights PACH
- Palmia – Courts 2 PTC2
- Palmia – Terraces PTT
- Palmia – Villas 2 PTV2
- Paloma PAL
- Pinecrest PC
- Rainbow Ridge RR
- Signature Homes SIG
- Stoneybrook SB
- Sunrise Ridge SUN
Market Summary
Current real estate data for Single Family in Mission Viejo as of Sep 13, 2026
183
Single Family Listed
51
Avg DOM
509
Avg $ / SqFt
$1,041,422
Avg List Price
Property Summary
- Located in the Mallorca Condos (MQ) subdivision, 22506 Formentor Mission Viejo CA is a Single Family for sale in Mission Viejo, CA, 92692. It is listed for $4,900 and features 2 beds, 2 baths, and has approximately 1,444 square feet of living space, and was originally constructed in 1981. The current price per square foot is $3. The average price per square foot for Single Family listings in Mission Viejo is $509. The average listing price for Single Family in Mission Viejo is $1,041,422.
Similar Listings Nearby
22506 Formentor
Mission Viejo, CA
Waterfront Penthouse. The most spectacular vantage points on Lake Mission Viejo. Ideally positioned within the exclusive guard-gated community, this exceptional residence captures breathtaking panoramic views across the lake, sandy beaches, boat docks, rolling hills, majestic mountains, and sparkling city lights. From nearly every room, the ever-changing beauty of Lake takes center stage. Beautifully remodeled, and impeccably maintained, this turnkey home seamlessly blends timeless elegance with modern comfort. The residence has been thoughtfully refreshed throughout, featuring a completely new kitchen, new stainless-steel appliances, new windows and sliding doors, new carpet, new HVAC system, upgraded attic insulation, smooth walls and ceilings, fresh interior paint, new interior doors and hardware, and new ceiling fans in every room. Every detail has been carefully considered to create a comfortable, sophisticated, and move-in-ready home. The redesigned gourmet kitchen featuring custom cabinetry, quartz countertops, brand-new stainless-steel appliances, and a bright breakfast nook that opens to its own private view balcony. The spacious living room offers a cozy fireplace and expansive new sliding doors that open to a generous outdoor deck, seamlessly extending the living space and bringing the magnificent scenery indoors. The open-concept dining area is filled with natural light and provides an inviting backdrop for elegant entertaining, intimate dinners, and memorable gatherings overlooking the lake. Smooth walls and ceilings, fresh paint, new carpet, new interior doors and hardware, ceiling fans in every room, and abundant natural light contribute to a clean, contemporary aesthetic while maintaining the warmth and character of the residence. The luxurious bathrooms have been beautifully renovated with custom cabinetry, elegant stone countertops, premium fixtures, and spa-inspired finishes. Two private view decks provide wonderful opportunities to enjoy the spectacular surroundings—from morning coffee overlooking the tranquil lake to evening sunsets followed by dazzling city lights. A laundry area and two-car garage. Residents of Mallorca enjoy an exceptional resort-style lifestyle, with community pools, spas, and direct access to a private beach on Lake Mission Viejo. Lake membership offers year-round recreational opportunities including boating, fishing, paddleboarding, swimming, summer concerts, movies under the stars, beachfront picnics, barbecues
Property Details
Price:
$1,249,750
MLS #:
OC26179076
Status:
Active
Beds:
2
Baths:
2
Type:
Condo
Subtype:
Condominium
Subdivision:
Mallorca Condos MQ
Neighborhood:
mnmissionviejonorth
Listed Date:
Aug 15, 2026
Finished Sq Ft:
1,444
Lot Size:
215,746 sqft / 4.95 acres (approx)
Year Built:
1981
See this Listing
Schools
School District:
Capistrano Unified
Interior
Appliances
MW, WLR, GS, GWH, VEF
Bathrooms
2 Full Bathrooms
Cooling
CA
Flooring
WOOD, CARP
Heating
FA, CF
Interior Features
CF, RECL, LRBA, PTRY, CC, QTZC
Laundry Features
GAS, IN, ICL, WH
Levels
A
Main Level Bathrooms
2
Main Level Bedrooms
2
Exterior
Accessibility Features
NO
Architectural Style
CNT, MED
Common Walls
NCW
Community Features
SDW, STM, SL, SUB, CRB, LAKE
Garage Spaces
2
Parking Spots
2
Parking Total
2
Security Features
SD, COD, GC, GG, GA
Spa Features
AS, GN, HT, IG, PM, COM
View
CI, MT, PA, WA
Waterfront Features
OL, LR
Window Features
DPW
Financial
HOA Fee
$754
HOA Fee 2
$29
HOA Fee 2 Frequency
MO
HOA Fee Frequency
MO
Map
Community
- Address22506 Formentor Mission Viejo CA
- SubdivisionMallorca Condos (MQ)
- CityMission Viejo
- CountyOrange
- Zip Code92692
Subdivisions in Mission Viejo
- Aegean Heights HE
- Aegean Hills Central AH
- Aliso Villas AV
- Andalusia AN
- Auburn Ridge AR
- Azure AZ
- Barcelona North BA
- Briarwood BW
- California Court CALC
- Casa Loma CL
- Casta Del Sol – Carmel CR
- Casta Del Sol – Fiesta CF
- Casta Del Sol – Pud CS
- Castille North CA
- Cliff Wood CLIF
- Concord CONC
- Cordova North CV
- Cordova South CV
- Cordova Vista CV
- Cortez CZ
- Eastbrook EST
- El Dorado ED
- Emerald Pointe I EP1
- Emerald Pointe II EP2
- Evergreen Lakeview EVEL
- Evergreen Ridge EVE
- Finisterra Green “”Alta”” FGA
- Finisterra Green “”Baja”” FGB
- Finisterra On The Lake FI
- Gallery Collection GLC
- Grand Traditions GRNT
- Highlands HISR
- Hillcrest Village HV
- J.M Peters JMP
- La Mancha Pud LM
- La Paz Central LP
- La Paz South LP
- Lake Aire LKA
- Las Palmas BLP
- Madrid Central MA
- Madrid Del Lago ML
- Madrid North MA
- Magdalena MAGD
- Mallorca Condos MQ
- Melrose MELR
- Mirasol MIR
- Monterey Master MM
- Montiel MO
- New Castille Central CA2
- Pacific Heights PACH
- Palmia – Courts 2 PTC2
- Palmia – Terraces PTT
- Palmia – Villas 2 PTV2
- Paloma PAL
- Pinecrest PC
- Rainbow Ridge RR
- Signature Homes SIG
- Stoneybrook SB
- Sunrise Ridge SUN
Market Summary
Current real estate data for Condo in Mission Viejo as of Sep 13, 2026
183
Condo Listed
51
Avg DOM
509
Avg $ / SqFt
$1,041,422
Avg List Price
Property Summary
- Located in the Mallorca Condos (MQ) subdivision, 22506 Formentor Mission Viejo CA is a Condo for sale in Mission Viejo, CA, 92692. It is listed for $1,249,750 and features 2 beds, 2 baths, and has approximately 1,444 square feet of living space, and was originally constructed in 1981. The current price per square foot is $865. The average price per square foot for Condo listings in Mission Viejo is $509. The average listing price for Condo in Mission Viejo is $1,041,422.


