46 Picazo, Rancho Santa Margarita, CA 92688

$485,000
2
BD
1
BA
618
SqFt

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Sold Price
$485,000
List Price
$489,900
Closing Date
Jul 24, 2026
Status
CLOSED
MLS#
OC26113214
Year Built
1988
Bedrooms
2
Bathrooms
1
Living Sq. Ft
618
Lot Size
21,835
Acres
0.50
Lot Location
0-1 Unit/Acre
Days on Market
34
Property Type
Condo
Style
Mediterranean, Spanish
Property Sub Type
Condominium
Stories
One Level
Neighborhood
Las Flores (R2) (Lf)

Property Description

Welcome Home to Your Happy Place! Imagine stepping into a bright, beautifully renovated single-story condo where every detail feels warm, fresh, and thoughtfully cared for. This charming downstairs end-unit is more than just a home — it’s where memories are made and life feels easier and brighter. With low HOA dues of only $399 and an FHA-approved complex, this home opens the door to so many beautiful possibilities. Completely renovated in 2019 this home has been lovingly updated even more recently for ultimate comfort: New refrigerator, wide-plank Dusk Cherry flooring (extreme scratch-resistant), and fresh paint in 2026. New A/C, heater, washer, and dryer in 2025 You’ll love the modern kitchen and updated bathroom that make everyday living feel like a pleasure. Best of all, there are no stairs to climb, and your assigned parking spot (#28) is right next to the unit — making coming home something you truly look forward to. Live the Rancho Santa Margarita Dream. Just steps away, enjoy three community spas and a pool. A gentle half-mile walk (under 10 minutes) brings you to the sparkling RSM Lake, charming shops, cozy cafés, restaurants, and an even shorter walk to playgrounds, basketball court, tennis court, and park. Cielo Vista Elementary and RSM Middle School are literally across the street — perfect for growing families. This is a neighborhood where kids ride bikes, neighbors wave hello, and you feel a true sense of belonging. As part of the coveted SAMLARC community, you’ll have access to an incredible resort-style lifestyle: 4 pools (2 heated year round), a Beach Club & Lagoon, 8 pickleball courts, 12 tennis courts, sand volleyball, clubhouses, parks, trails, and so much more — all designed to bring joy and connection into your daily life. If you’re ready to stop searching and start living somewhere that feels like you — warm, welcoming, and full of life — come see 46 Picazo. This isn’t just a condo. It’s where your next chapter begins. Be sure to click on the 3D Virtual Tour!

Additional Information

HOA
399
Frequency
Monthly
Second HOA
$91
Association Amenities
Outdoor Cooking Area, Barbecue, Picnic Area, Pickleball, Pool, Spa/Hot Tub
Appliances
6 Burner Stove, Dishwasher, Free-Standing Range, Gas Range, Gas Water Heater, Refrigerator, Dryer, Washer
Pool Description
Community, Heated, In Ground, Association
Heat
Central
Cooling
Yes
Cooling Description
Central Air
View
Mountain(s)
Patio
Concrete, Front Porch, Patio, Porch
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
All Bedrooms Down, Bedroom on Main Level, Main Level Primary
Attached Structure
Attached
Number Of Units Total
1

Listing courtesy of Listing Agent: Robert MacLean (Robert@MacLeanRealtyGroup.com) from Listing Office: MacLean Realty Group.

Listing sold by Supriya Shetye from Supriya Shetye, Broker

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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.