42 Picazo Unit 29, Rancho Santa Margarita, CA 92688

$515,000
2
BD
2
BA
773
SqFt

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Sold Price
$515,000
List Price
$515,000
Closing Date
Apr 17, 2026
Status
CLOSED
MLS#
OC26030340
Year Built
1987
Bedrooms
2
Bathrooms
2
Living Sq. Ft
773
Lot Location
Greenbelt, Near Park
Days on Market
16
Property Type
Condo
Style
Mediterranean, Spanish
Property Sub Type
Condominium
Stories
One Level
Neighborhood
Las Flores (R2) (Lf)

Property Description

BACK ON MARKET! Buyer did not perform, no fault of the seller! Welcome to 42 Picazo #29 in the highly desirable Las Flores II community of Rancho Santa Margarita — a completely remodeled, move-in ready ground-level home that blends comfort, style, and convenience. This beautifully upgraded 2-bedroom, 2-bath residence offers 773 square feet of thoughtfully designed living space. Every detail has been refreshed, creating a truly turnkey opportunity for its next owner. The kitchen shines with elegant countertops, stainless steel appliances, a gas range, and modern finishes that make both cooking and entertaining a pleasure. Fresh interior paint, luxury vinyl plank flooring, recessed lighting, and ceiling fans in both bedrooms add to the home’s clean, contemporary feel. Both bathrooms feature upgraded vanities with quartz countertops, delivering a cohesive and stylish look throughout. Enjoy the ease of indoor laundry with a stackable washer and dryer conveniently located inside the unit. The ground-level layout provides seamless accessibility, and the dedicated carport parking space adds everyday convenience. One of the home’s most charming features is the enclosed front porch, tucked behind a sweet white picket gate — the perfect spot for morning coffee, evening relaxation, or welcoming guests. Just steps away, you’ll find easy access to a peaceful greenbelt, offering additional space to unwind outdoors. Located approximately half a mile from Lake Rancho Santa Margarita, residents enjoy access to year-round amenities including summer concerts, holiday celebrations, fishing, hiking, biking trails, lakeside recreation, tennis and pickleball courts. The Las Flores II community offers fantastic amenities including a sparkling pool, sauna, barbecue area, fire pit, clubhouse. Rancho Santa Margarita is one of Orange County’s most beloved planned communities, known for its abundant parks, scenic walking trails, and beautiful lake-centered lifestyle. This home offers not just a place to live, but a vibrant and welcoming community to be part of. Turnkey, stylish, and ideally located — 42 Picazo #29 is ready to welcome you home.

Additional Information

HOA
399
Frequency
Monthly
Second HOA
$92
Association Amenities
Call for Rules, Clubhouse, Sport Court, Dog Park, Fire Pit, Maintenance Grounds, Meeting Room, Outdoor Cooking Area, Barbecue, Picnic Area, Playground, Pickleball, Pool, Pet Restrictions, Sauna, Spa/Hot Tub, Trail(s)
Appliances
Dishwasher, Disposal, Gas Oven, Gas Range, Microwave, Refrigerator, Water Heater, Dryer, Washer
Pool Description
Community, In Ground, Association
Fireplace Description
Gas, Living Room
Heat
Central
Cooling
Yes
Cooling Description
Central Air, Dual
View
Park/Greenbelt, Neighborhood
Exterior Construction
Concrete, Stucco
Patio
Concrete, Enclosed, Front Porch
Roof
Spanish Tile
Sewer
Public Sewer
Water
Public
School District
Saddleback Valley Unified
Elementary School
Cielo Vista
Middle School
Rancho Santa Margarita
High School
Trabucco Hills
Interior Features
Ceiling Fan(s), Laminate Counters, Recessed Lighting, All Bedrooms Down
Attached Structure
Attached
Number Of Units Total
1

Listing courtesy of Listing Agent: Jonathan Mesisca (jdmesisca@gmail.com) from Listing Office: Bullock Russell RE Services.

Listing sold by Neda Ghazvini from Coldwell Banker Realty

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Based on information from California Regional Multiple Listing Service, Inc. as of . 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. 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, 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.