




$515,000
Est. $2,884/mo42 Picazo 29, Rancho Santa Margarita, CA 92688
About this home
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.
infoProperty Facts
Bedrooms
2
Bathrooms
2
Square Feet
773
Year Built
1987
Property Type
Condominium
Days on Market
12
HOA Fee
$399/mo
Garage Total
0
MLS #
OC26030340
chairInterior Details
General Interior
Interior Features
Ceiling Fans, Laminate Counters, Recessed Lighting, All Bedrooms Down
Flooring
Vinyl
Fireplace
Gas, Living Room
Accessibility
Accessible Doors
Kitchen & Appliances
Appliances
Dishwasher, Disposal, Gas Oven, Gas Range, Microwave, Refrigerator, Water Heater, Dryer, Washer
Laundry
Inside, Laundry Closet
Bed & Bath
Main Level Bedrooms
2
Main Level Bathrooms
2
Climate Control
Cooling
Central Air, Dual
Heating
Central
garageParking
Total Parking Spaces
2
Carport Spaces
1
Open Parking Spaces
1
Parking Features
Assigned, Carport, Public, One Space, Uncovered
deckExterior & Lot
Building & Construction
Patio & Porch
Concrete, Enclosed, Front Porch
Security
Carbon Monoxide Detectors, Smoke Detectors
Construction
Concrete, Stucco
Foundation
Slab
Roof
Spanish Tile
Lot & Grounds
Lot Features
Greenbelt, Near Park
Pool Features
Community, In Ground, Association
Spa Features
Association, Community, In Ground
Sewer
Public Sewer
Water Source
Public
diversity_3Community & HOA
Association Info
HOA 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, Trails
Community Features
Biking, Curbs, Dog Park, Fishing, Golf, Gutters, Hiking, Horse Trails, Lake, Street Lights, Suburban, Sidewalks, Park, Pool
Mortgage Calculator
$0
Nearby Schools
| Rating | School Name |
|---|---|
9 | GreatSchools High (Demo) public School • ratio 22:1 |
7 | Valley View Elementary (Demo) public School • ratio 18:1 |
6 | Lincoln Middle School (Demo) public School • ratio 20:1 |
NR | St. Mary Example Academy (Demo) private School • ratio 12:1 |
Walkability
Market Insights
Estimated Value
Market Temperature
Balanced market
Avg. time on market
This is a Balanced Market. Homes are selling at a moderate pace.
Similar Homes You Might Like
Based on price, location, and features