Rancho Santa Margarita, CA 92688 46 Picazo
$489,900



30 more






























Presented By: Robert MacLean with MacLean Realty Group; 714-423-1587
Home Details
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!
Presented By: Robert MacLean with MacLean Realty Group; 714-423-1587
Interior Features for 46 Picazo
Bedrooms
Main Level Bedrooms2
Total Bedrooms2
Bathrooms
Main Level Bathrooms1
Total Baths1
Other Interior Features
LivingAreaSourceAssessor
Air Conditioning Y/NYes
Common Walls2+ Common Walls
Fireplace FeaturesNone
Fireplace Y/NNo
FlooringLaminate
Heating Y/NYes
Interior AmenitiesAll Bedrooms Down, Bedroom on Main Level, Main Level Primary
Laundry FeaturesWasher Hookup, Gas Dryer Hookup, Inside
Total Stories1
Window FeaturesBlinds, Screens
Other Rooms
Entry Level1
General for 46 Picazo
Additional Parcels Y/NNo
Appliances6 Burner Stove, Dishwasher, Free-Standing Range, Gas Range, Gas Water Heater, Refrigerator, Dryer, Washer
Architectural StyleMediterranean, Spanish
Assoc Fee Paid PerMonthly
Association AmenitiesOutdoor Cooking Area, Barbecue, Picnic Area, Pickleball, Pool, Spa/Hot Tub
Association NameLas Flores II
AssociationName2SAMLARC
Carport Spaces1
Carport Y/NYes
CityRancho Santa Margarita
Community FeaturesCurbs, Fishing, Lake, Park, Suburban, Sidewalks, Pool
ContingencyNone
CoolingCentral Air
CountyOrange
DirectionsRancho Santa Margarita / Alma Aldea
DisclosuresCovenants/Restrictions Disclosure, HOA Disclosure
Elementary SchoolCielo Vista
Entry Location1
Facing DirectionNorth
Full Baths1
Garage Spaces
Garage Y/NNo
HOAYes
HOA Fee$399
HOA Fee 291
HOA Fee 2 FrequencyMonthly
HeatingCentral
High SchoolTrabucco Hills
High School DistrictSaddleback Valley Unified
Land Lease Y/NNo
Lease Considered Y/NNo
LevelsOne
Listing TermsCash, Cash to New Loan, Conventional, FHA, VA Loan
Living Area618
Living Area UnitsSquare Feet
Lot Size Square Feet21835
Lot Size UnitsSquare Feet
MLS AreaR1 - Rancho Santa Margarita North
Middle/Junior High SchoolRancho Santa Margarita
New ConstructionNo
Number Of Units Total1
Occupancy TypeVacant
Patio/Porch FeaturesConcrete, Front Porch, Patio, Porch
Pool FeaturesCommunity, Heated, In Ground, Association
PossessionClose Of Escrow
PostalCityRANCHO SANTA MARGARITA
Property Attached Y/NYes
Property Sub Type AdditionalCondominium
Property SubtypeCondominium
Property TypeResidential
Security FeaturesCarbon Monoxide Detector(s), Smoke Detector(s)
Senior Community Y/NNo
SewerPublic Sewer
Spa FeaturesAssociation, Community, In Ground
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories Count1
Structure TypeMulti Family
Subdivision NameLas Flores (R2) (LF)
Tax Lot6
UtilitiesCable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
ViewMountain(s)
Virtual TourClick here
Virtual TourClick here
Walk Score65
Year Built1988
Year Built SourceAssessor
Exterior for 46 Picazo
FencingNone
Foundation DetailsSlab
Lot Features0-1 Unit/Acre
Lot Size Acres0.5013
Lot Size Area21835
Lot Size SourceAssessor
Parking FeaturesAssigned, Carport, Detached Carport, Guest, Paved
Private PoolNo
Road Frontage TypeCity Street
Road Surface TypePaved
SpaYes
Total Parking1
Water SourcePublic
Additional Details
Price History
Schools
High School
Trabucco Hills High School
Josh Russell
Realtor®

SQFT • 618