22646 Formentor 48, Mission Viejo, CA 92692
Condo
For rent now
22646 Formentor 48 is on the market at $4,750/mo (2 bd · 2 ba · 1,454 sqft). See the current listing →
Sold October 2020
Listing Agent: Steven Ruiz (DRE #01073207) · Listing Office: Regency Real Estate Brokers · Contact: 949-707-4400 · Bought with: Steven Ruiz · Regency Real Estate Brokers · MLS #OC20188592 · Source: CRMLS
How this sale compares
22646 Formentor 48 sold for $810,000 in October 2020, 7.4% under its $874,900 list price, after 3 days on the market. That works out to $557 per square foot on 1,454 square feet. Across 311 closed sales in 92692 over the last 12 months, the median sold price is $1,139,000 and the median is $640 per square foot — 15% above this sale's $557. 2-bedroom rentals in 92692 currently list at a median of $4,400 a month (15 listings).
| Quarter | Closed sales in 92692 | Median sold price |
|---|---|---|
| Q1 2026 | 27 | $1,179,000 |
| Q2 2026 | 139 | $1,165,000 |
| Q3 2026 | 145 | $1,025,000 |
Figures are MLS-reported closed sales (CRMLS); ZIP medians cover the last 12 months. Nalren does not estimate values. Recently sold in Mission Viejo · Homes for sale in 92692
About this condo
ABSOLUTELY ONE OF THE VERY BEST LAKE VIEWS IN THE COMPLEX.... Nestled above the greenbelt walking access to the lakefront, this home has no third floor unit directly behind it and is slightly angled to the southeast so may you look down the distance of the lake. From INSIDE the home, this location sees more lake than some of the lake front properties. Near enough to the lower pool/spa to use them, but not near enough to pick up noise. Near enough to the gate to be convenient, but not near enough to put up with traffic noise. Near one of the 3 Mallorca Pedestrian Lake accesses. Panoramic views of North Beach, Lake Mission Viejo, East Beach, the Oak Preserve, City Lights, Hills and nearly as far South as Alicia. If "View" is your thing, this is your place. This popular Penthouse Baroness Floor Plan has 2 view decks, a spacious master suite, a flow together Living Room and Dining Room, no one above or even beside, direct outside light into both baths, a large combination kitchen/nook and an extra foot of ceiling space for that "bigger" feel. This particular home has textured ceilings, oversized baseboards, granite kitchen counters/backsplash, a built-in Granite breakfast counter, recessed lights, decor plugs/switches and a nearby garage with built-ins. Ceiling fans in the LR and both bedrooms assist the cool breezes that blow through the home from the lake. The Mallorca amenities include 24/7 Gate Attendant, Private Beach, B-B-Q;s, Boat Docks, Fishing Dock, 2 Pools and 2 Spas.
Listing description from the October 2020 sale, as reported to CRMLS.
Sale history
Recent sales near 22646 Formentor 48
- 28066 Tefir — Sold $3,500,000 · 4 bd · 3 ba · 3,653 sqft · Sep 2026 · 0.2 mi
- 22791 Tindaya — Sold $5,850,000 · 5 bd · 5 ba · 6,020 sqft · Sep 2026 · 0.3 mi
- 22671 Puntal Lana — Sold $2,236,500 · 5 bd · 3 ba · 3,415 sqft · Sep 2026 · 0.3 mi
- 22931 Calle Azorin — Sold $2,250,000 · 4 bd · 3 ba · 3,415 sqft · Aug 2026 · 0.3 mi
- 23021 Tiagua — Sold $1,458,000 · 3 bd · 2 ba · 2,297 sqft · Sep 2026 · 0.4 mi
- 28325 Driza — Sold $1,530,000 · 4 bd · 3 ba · 3,418 sqft · Aug 2026 · 0.5 mi
- 22068 Antigua Unit 174 — Sold $599,000 · 2 bd · 1 ba · 988 sqft · Sep 2026 · 0.6 mi
- 22061 Castlewood — Sold $1,064,000 · 3 bd · 3 ba · 1,540 sqft · Sep 2026 · 0.7 mi
MLS-reported closed sales in 92692, nearest first (last 12 months). All recent sales in Mission Viejo →
Questions about 22646 Formentor 48
When did 22646 Formentor 48 last sell?
22646 Formentor 48 last sold in October 2020 for $810,000, according to CRMLS-reported closed sales.
What did 22646 Formentor 48 sell for?
$810,000, 7.4% below the $874,900 list price, after 3 days on the market — about $557 per square foot.
How does that compare to other Mission Viejo sales?
311 homes closed in ZIP 92692 over the last 12 months at a median of $1,139,000 ($640 per square foot). This sale was $557 per square foot.
Is 22646 Formentor 48 for sale now?
Yes — 22646 Formentor 48 is currently on the market at $4,750/mo. Open the current listing on Nalren for photos, details and the listing agent.
What do 2-bedroom homes rent for in 92692?
2-bedroom rentals in 92692 currently list at a median of $4,400 per month across 15 listings on Nalren.