$795,000
2Beds2Baths1,278SqFt
28934 Paseo PicassoMission Viejo, CA 92692Palmia - Courts 2
28938 Paseo Caravella, Mission Viejo, CA 92692
- 3 beds
- 2 baths
- 1,695 sq ft
- Built 1998
Subdivision Palmia - Courts 2
11 condos sold in the past 12 months · median $782,500
The home
About 28938 Paseo Caravella
Bring All Offers! Discover the perfect blend of comfort, convenience, and resort-style living in this beautiful 3-bedroom, 2-bath, single-level end-unit home in the highly sought-after 55+ guard-gated community of Palmia in Mission Viejo.
One of this home's standout features is the rare full-sized 2-car driveway, providing exceptional parking convenience. Inside, abundant natural light, high ceilings, shutters and blinds, recessed lighting, and beautiful hard-surface/tile flooring create a bright and welcoming atmosphere.
The spacious eat-in kitchen is designed for everyday living and entertaining, featuring a gas range, generous cabinetry, and a convenient center island. The third bedroom has been thoughtfully opened to the kitchen, creating a versatile bonus space ideal for a TV room, dining area, office, or entertaining. The original hallway door and closet remain, making it easy to convert the space back into a private bedroom.
The inviting living room features a fireplace and high ceilings, while the primary suite offers a ceiling fan and direct access to the expansive outdoor space through a sliding glass door. The primary bath features dual sinks and a step-free walk-in shower for added comfort and accessibility.
Additional highlights include a separate interior laundry room with abundant cabinetry and a utility sink, plus a direct-access 2-car garage. The home has been re-piped and has no Mello-Roos.
Enjoy all that Palmia has to offer, including a clubhouse, two pools, spa, putting course, tennis, organized activities, cable service, and more. With its desirable location, flexible floor plan, abundant amenities, and exceptional parking, this is an opportunity not to miss!
Bring your offers and make this Palmia gem your new home!
Property details for 28938 Paseo Caravella
This 3-bedroom, 2-bath condo sits in the Palmia - Courts 2 neighborhood of Mission Viejo in Orange County. It offers 1,695 square feet of living space and is listed at $849,900, about $501 per square foot. The home was built in 1998. The MLS record lists the assessor parcel number as 933-753-68. Highlights include a community pool and spa, a fireplace, single-story living, a guard-gated community, an attached two-car garage, and central air. The detail sections on this page cover interior and exterior features, estimated taxes, HOA dues where they apply, and the map location.
Specifications
Home Details
At a glance
- Price
- $849,900
- Days On Site
- 276 Days
- Bedrooms
- 3
- Inside Area (SqFt)
- 1,695 sqft
- Total Baths
- 2
- Full Baths
- 2
- Partial Baths
- N/A
- Lot Size
- N/A
- Year Built
- 1998
- MLS® Number
- PW26000327
- Status
- Active
- Property Tax
- N/A
- HOA/Condo/Coop Fees
- $769 monthly
- Sq Ft Source
- Assessor
General Features
- Property Type
- Condominium
- MLS Number
- PW26000327
- Year Built
- 1998
- Living Area (sq ft)
- 1,695
- Living Area Source
- Assessor
- Lot Size (acres)
- 0
- Levels
- One
- Bedrooms
- 3
- Full Baths
- 2
- Garage Spaces
- 2
- Parking Spaces
- 4
- View
- Neighborhood
- HOA Dues
- $740
- HOA Frequency
- Monthly
- HOA Name
- Palmia Courts & Master Association
- Parcel Number
- 93375368
- On Market Date
- 2026-01-01
- Listing Terms
- Standard
Interior Features
- Interior Features
- Ceiling Fans, Eat In Kitchen, High Ceilings, Recessed Lighting, Solid Surface Counters, All Bedrooms Down, Bedroom On Main Level, Instant Hot Water, Main Level Primary
- Appliances
- Dishwasher, Gas Oven, Gas Range
- Flooring
- Tile
- Heating
- Central
- Cooling
- Central Air
- Fireplace
- Living Room
- Laundry
- Inside, Laundry Room
- Main Level Bedrooms
- 3
- Main Level Bathrooms
- 2
- Entry Level
- 1
- Common Walls
- One Common Wall
- Windows
- Blinds, Plantation Shutters, Screens
- Doors
- Sliding Doors
- Accessibility
- Grab Bars
- Rooms
- Bedroom, Bathroom, Kitchen, Primary Bedroom, Living Room, Family Room, Primary Bathroom
Exterior Features
- Architectural Style
- Spanish
- Exterior Features
- Rain Gutters, Misting System
- Roof
- Tile
- Construction
- Stucco
- Foundation
- Slab
- Lot Features
- Landscaped, Level, Near Park, Street Level
- Patio and Porch
- Patio
- Parking
- Concrete, Direct Access, Driveway Level, Driveway, Garage Faces Front, Garage, Guest
- Pool Features
- Association
- Spa
- Association
- Sewer
- Public Sewer
- Water
- Public
- Utilities
- Electricity Connected, Natural Gas Connected, Water Connected
- Units
- 1
Community Features
- Subdivision
- Palmia - Courts 2 (PTC2)
- Community Features
- Curbs, Gated, Park
- Association Amenities
- Bocce Court, Clubhouse, Controlled Access, Fitness Center, Meeting Room, Meeting Banquet Party Room, Pool, Pet Restrictions, Recreation Room, Guard, Spa Hot Tub, Tennis Courts, Cable Tv
- Security
- Carbon Monoxide Detectors, Fire Sprinkler System, Gated With Guard, Gated Community, Gated With Attendant, Smoke Detectors
- Senior Community
- Yes
- Second HOA Dues
- $29
The record
Property History for 28938 Paseo Caravella
| Date | Event | Price | Note |
|---|---|---|---|
| Jan 1, 2026 | Relisted | $959,900 | |
| Nov 18, 2020 | Sold | $575,000 | Aliso Niguel Realty |
Cost of ownership
Estimated monthly payment
7.03% · 30-yr fixed$
$7,155/mo
10% down · 30-year fixed · $84,990 down
Principal & interest$5,104
Mortgage insurance (est., over 80% LTV)$319
Property tax (est. 1.01%)$715
Home insurance (rough est., varies widely)$248
HOA from listing$769
$6,269/mo
20% down · 30-year fixed · $169,980 down
Principal & interest$4,537
Property tax (est. 1.01%)$715
Home insurance (rough est., varies widely)$248
HOA from listing$769
$5,702/mo
30% down · 30-year fixed · $254,970 down
Principal & interest$3,970
Property tax (est. 1.01%)$715
Home insurance (rough est., varies widely)$248
HOA from listing$769
Estimated carrying cost
$1,732/mo
All cash · taxes and insurance only
Principal & interestNone (cash purchase)
Property tax (est. 1.01%)$715
Home insurance (rough est., varies widely)$248
HOA from listing$769
Estimate only, not a loan offer or quote. Principal and interest use the Freddie Mac 30-year fixed average of 7.03% (week of Sep 24, 2026); your rate will differ. A loan this size is typically a jumbo loan, which prices differently. Tax and insurance are modelled, not billed amounts; tax uses a typical Mission Viejo rate, excluding Mello-Roos. Verify all figures. Full assumptions and disclosures.
Next steps
Buying 28938 Paseo Caravella
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Selling near 28938 Paseo Caravella
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The neighborhood
About Mission Viejo
Mission Viejo is a master-planned community in Orange County's Saddleback Valley, with roads following the valleys and homes across the hillsides around the man-made Lake Mission Viejo. Named for the historic Rancho Mission Viejo land grant, it weaves in the Oso Creek Trail and spans the Capistrano Unified and Saddleback Valley Unified school districts.
Palmia - Courts 2 home sales, past 12 months
- Homes sold
- 11
- Median price
- $782,500
- Median days on market
- 33
- Median per sq ft
- $602
Recorded MLS closings of condos, Sep 27, 2025 to Sep 27, 2026. Days on market run from listing to going under contract.
Price per square foot against recent Palmia - Courts 2 sales
At $501 per square foot, this home's asking price is 17% below the Palmia - Courts 2 median of $602 for condos that closed in the past 12 months.
Recent Palmia - Courts 2 sales
| Address | Closed | Price | Sq ft | Per sq ft | Days on market |
|---|---|---|---|---|---|
| 21734 San Leandro | Sep 11, 2026 | $779,000 | 1,278 | $610 | 2 |
| 21555 San Pablo | Aug 18, 2026 | $785,000 | 1,387 | $566 | 0 |
| 28942 Paseo Theresa | Jul 16, 2026 | $839,000 | 1,400 | $599 | 71 |
| 28901 Paseo Sabatini | May 20, 2026 | $796,900 | 1,278 | $624 | 33 |
| 21464 San Bernardo | May 6, 2026 | $782,500 | 1,387 | $564 | 8 |
Schools
School District for 28938 Paseo Caravella
As listed in the MLS record. Confirm attendance boundaries with the school district.
The MLS record lists the school district as Saddleback Valley Unified.
Living in Mission Viejo covers its schools, parks and beaches.
Location
Location
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Listed by Mary Ann Walsh of Walsh Realty Services
Listing information updated Sep 8, 2026 at 11:53 AM PT. Source: CRMLS.
This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.