Jordan Bennett of Regency Real Estate Brokers - 949-829-7484
Orange County Condo ManiaMLS: OC26113214 $489,900
2 Bedrooms with 1 Bath46 PICAZO
RANCHO SANTA MARGARITA CA 92688MLS: OC26113214
Status: ACTIVE
List Price: $489,900
Price per SQFT: $793
Square Footage: 6182 Bedrooms
1 Bath
Year Built: 1988
Zip Code: 92688Listing Agent: ROBERT MACLEAN of MACLEAN REALTY GROUP 714-423-1587
Listing Remarks
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!
Address: 46 PICAZO RANCHO SANTA MARGARITA CA 92688
Community: LAS FLORES ... Listing 1 of 2
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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: 2026-05-26 BEDROOMS: 2 BATHROOMS FULL: 1 LIVING AREA SQ FT: 618 YEAR BUILT: 1988 HOA/MGMT CO: Las Flores II HOA/MGMT PHONE: 949.372.4031 HOA FEES FREQUENCY: Monthly HOA FEES: $399 HOA AMENITIES: OutdoorCookingArea, Barbecue, PicnicArea, Pickleball, Pool, SpaHotTub APPLIANCES INCLUDED: SixBurnerStove, Dishwasher, FreeStandingRange, GasRange, GasWaterHeater, Refrigerator, Dryer, Washer ARCHITECTURAL STYLE: Mediterranean, Spanish COMMUNITY FEATURES: Curbs, Fishing, Lake, Park, Suburban, Sidewalks, Pool FIREPLACE: None FLOORING: Laminate HEATING: Central COOLING: CentralAir INTERIOR FEATURES: AllBedroomsDown, BedroomOnMainLevel, MainLevelPrimary LAUNDRY FEATURES: WasherHookup, GasDryerHookup, Inside LOT FEATURES: ZeroToOneUnitAcre # GARAGE SPACES: 0 PARKING FEATURES: Assigned, Carport, DetachedCarport, Guest, Paved PROPERTY TYPE: Residential PROPERTY SUB TYPE: Condominium POOL FEATURES: Community, Heated, InGround, Association SPA FEATURES: Association, Community, InGround STORIES TOTAL: 1 NUMBER OF UNITS TOTAL: 1 DIRECTION FACES: North VIEW: Mountains LISTING AGENT: ROBERT MACLEAN LISTING OFFICE: MACLEAN REALTY GROUP LISTING CONTACT: 714-423-1587
Estimated Monthly Payments
List Price: $489,900 20% Down Payment: $97,980 Loan Amount: $391,920 Loan Type: 30 Year Fixed Interest Rate: 6.5 % Monthly Payment: $2,477 Estimate does not include taxes, fees, insurance.
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Property Location: 46 PICAZO RANCHO SANTA MARGARITA CA 92688
This Listing
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Featured Agent
Jordan Bennett
Regency Real Estate Brokers
Team Lead - DRE: 01850869
Phone: 949-829-7484
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Community: LAS FLORES ... Listing 1 of 2
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Last Updated: 2026-05-26 19:29:49