Jordan Bennett of Regency Real Estate Brokers - 949-829-7484
MLS: OC26067081 $965,000
3 Bedrooms with 4 Baths31 CASCADA
RANCHO SANTA MARGARITA CA 92688MLS: OC26067081
Status: ACTIVE
List Price: $965,000
Price per SQFT: $576
Square Footage: 16753 Bedrooms
4 Baths
Year Built: 1989
Zip Code: 92688Listing Agent: FRANCISCA RIO FUENTES of FIRST TEAM REAL ESTATE 949-291-3478
Listing Remarks
Located in the sought-after Tierra Linda community in the heart of Rancho Santa Margarita, this home offers beautiful hillside views and a highly functional 3 bedroom plus loft floor plan. The layout features one bedroom and full bathroom on the main level and two bedrooms and 2 full bathrooms upstairs, plus a spacious open loft / Flex space. Skylights in both the loft and primary suite bring in abundant natural light, enhancing the bright and airy feel throughout this beautiful home. The open floor plan offers welcoming living and dining spaces anchored by a gas fireplace. Details include sliding glass door leading to the back patio creating seamless indoor-outdoor living, LVP flooring, new carpet, fresh paint. The expanded and remodeled kitchen showcases new cabinetry with soft close features, quartz countertops, stainless steel farm sink, 5 burner gas stove and oven, recessed lighting, and an large eating nook. The downstairs bedroom also has sliding glass doors with direct access to the backyard patio, is perfect for a home office or guest bedroom and is adjacent to a full bathroom. Step outside to a large, sunny backyard with hillside views and enjoy the perfect weather Rancho Santa Margarita offers. The primary suite is generously sized and offers a comfortable retreat with a skylight, ceiling fan, a large walk-in closet and a ensuite bathroom showcasing dual vanities, new light fixture, wood cabinetry, and a frameless glass walk-in shower with a new door. The third bedroom offers panoramic hillside views and can easily accommodate a Queen sized bed. An oversized loft / Flex space with large skylights offers endless possibilities: a tv room, a kid space, a craft room - anything you need extra space for. Additional highlights include a whole house fan, two-car garage, and a recently REPIPED community. Enjoy being within walking distance to Tijeras Creek Golf Course, along with access to Rancho Santa Margarita’s extensive amenities, including pools, lake access, beach club, tennis courts, pickleball, sports fields, and scenic walking paths. Located in an area served by California Distinguished Schools, shopping, dining, and entertainment and offering low taxes, this property presents a flexible opportunity—ideal as a 3-bedroom starter home, a perfect downsize, or a lock-and-leave residence. An excellent investment in a strong, amenity-rich community and all just a short drive away from the beautiful beaches California is known for. Welcome Home!
Address: 31 CASCADA RANCHO SANTA MARGARITA CA 92688
Community: TIERRA LINDA ... Listing 3 of 3
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Featured Agent
Jordan Bennett
Regency Real Estate Brokers
Team Lead - DRE: 01850869
Phone: 949-829-7484
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Listing Details
STATUS: Active SPECIAL LISTING CONDITIONS: Standard LISTING CONTRACT DATE: 2026-03-30 BEDROOMS: 3 BATHROOMS FULL: 3 BATHROOMS HALF: 1 LIVING AREA SQ FT: 1675 YEAR BUILT: 1989 HOA/MGMT CO: Tierra Linda HOA/MGMT PHONE: 9498551800 HOA FEES FREQUENCY: Monthly HOA FEES: $415 HOA AMENITIES: Clubhouse, SportCourt, DogPark, Playground, Pickleball, Pool, SpaHotTub, TennisCourts, Trails APPLIANCES INCLUDED: ConvectionOven, Dishwasher, FreeStandingRange, GasOven, GasRange, Microwave, SelfCleaningOven, VentedExhaustFan, WaterToRefrigerator, WaterHeater ARCHITECTURAL STYLE: Traditional CONSTRUCTION: Stucco COMMUNITY FEATURES: Biking, Hiking, Lake, NearNationalForest, PreservePublicLand, StormDrains, StreetLights, Suburban, Sidewalks, Park FIREPLACE: Gas, LivingRoom FLOORING: Carpet, Vinyl HEATING: Central, Fireplaces COOLING: CentralAir, AtticFan INTERIOR FEATURES: BreakfastBar, BreakfastArea, CeilingFans, SeparateFormalDiningRoom, HighCeilings, OpenFloorplan, Pantry, QuartzCounters, StoneCounters, RecessedLighting, TwoStoryCeilings, Unfurnished, BedroomOnMainLevel, Loft, PrimarySuite, WalkInClosets LAUNDRY FEATURES: ElectricDryerHookup, GasDryerHookup, InGarage LOT FEATURES: BackYard, CulDeSac, NearPark, OnGolfCourse, StreetLevel # GARAGE SPACES: 2 PARKING FEATURES: Concrete, DirectAccess, DoorSingle, Driveway, GarageFacesFront, Garage, GarageDoorOpener PROPERTY TYPE: Residential PROPERTY SUB TYPE: Condominium ROOF: Tile POOL FEATURES: Association SPA FEATURES: Association STORIES TOTAL: 2 NUMBER OF UNITS TOTAL: 1 VIEW: Canyon, ParkGreenbelt, Hills, Neighborhood LISTING AGENT: FRANCISCA RIO FUENTES LISTING OFFICE: FIRST TEAM REAL ESTATE LISTING CONTACT: 949-291-3478
Estimated Monthly Payments
List Price: $965,000 20% Down Payment: $193,000 Loan Amount: $772,000 Loan Type: 30 Year Fixed Interest Rate: 6.5 % Monthly Payment: $4,880 Estimate does not include taxes, fees, insurance.
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Property Location: 31 CASCADA RANCHO SANTA MARGARITA CA 92688
This Listing
Active Listings Nearby
Featured Agent
Jordan Bennett
Regency Real Estate Brokers
Team Lead - DRE: 01850869
Phone: 949-829-7484
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Community: TIERRA LINDA ... Listing 3 of 3
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Last Updated: 2026-03-30 13:26:19
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