46 Picazo Rancho Santa Margarita, CA 92688
2 Beds
1 Bath
618 SqFt
Open House
Sat May 30, 1:00pm - 5:00pm
Sun May 31, 1:00pm - 5:00pm
UPDATED:
Key Details
Property Type Condo
Sub Type Condominium
Listing Status Active
Purchase Type For Sale
Square Footage 618 sqft
Price per Sqft $792
Subdivision Las Flores (R2) (Lf)
MLS Listing ID OC26113214
Bedrooms 2
Full Baths 1
HOA Fees $490/mo
HOA Y/N Yes
Year Built 1988
Lot Size 0.501 Acres
Property Sub-Type Condominium
Property Description
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!
Location
State CA
County Orange
Area R1 - Rancho Santa Margarita North
Rooms
Main Level Bedrooms 2
Interior
Interior Features All Bedrooms Down, Bedroom on Main Level, Main Level Primary
Heating Central
Cooling Central Air
Flooring Laminate
Fireplaces Type None
Fireplace No
Appliance 6 Burner Stove, Dishwasher, Free-Standing Range, Gas Range, Gas Water Heater, Refrigerator, Dryer, Washer
Laundry Washer Hookup, Gas Dryer Hookup, Inside
Exterior
Parking Features Assigned, Carport, Detached Carport, Guest, Paved
Carport Spaces 1
Fence None
Pool Community, Heated, In Ground, Association
Community Features Curbs, Fishing, Lake, Park, Suburban, Sidewalks, Pool
Utilities Available Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Amenities Available Outdoor Cooking Area, Barbecue, Picnic Area, Pickleball, Pool, Spa/Hot Tub
View Y/N Yes
View Mountain(s)
Porch Concrete, Front Porch, Patio, Porch
Total Parking Spaces 1
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Dwelling Type Multi Family
Faces North
Story 1
Entry Level One
Foundation Slab
Sewer Public Sewer
Water Public
Architectural Style Mediterranean, Spanish
Level or Stories One
New Construction No
Schools
Elementary Schools Cielo Vista
Middle Schools Rancho Santa Margarita
High Schools Trabucco Hills
School District Saddleback Valley Unified
Others
HOA Name Las Flores II
Senior Community No
Tax ID 93195420
Security Features Carbon Monoxide Detector(s),Smoke Detector(s)
Acceptable Financing Cash, Cash to New Loan, Conventional, FHA, VA Loan
Listing Terms Cash, Cash to New Loan, Conventional, FHA, VA Loan
Special Listing Condition Standard
Virtual Tour https://my.matterport.com/show/?m=x9V1vtE5Ku9
