42 Picazo , Rancho Santa Margarita, CA 92688

  • $515,000
42 Picazo , Rancho Santa Margarita, CA 92688
Active Updated/Remodeled, Turnkey
42 Picazo , Rancho Santa Margarita, CA 92688
42 Picazo , Rancho Santa Margarita, CA 92688
  • $515,000

Description

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.

  • Address 42 Picazo
  • City Rancho Santa Margarita
  • State/county CA
  • Zip/Postal Code 92688
  • Country US

Details

Updated on March 11, 2026 at 4:13 am
  • Property ID: OC26030340
  • Price: $515,000
  • Bedrooms: 2
  • Bathrooms: 2
  • Garage Size: x x
  • Year Built: 1987
  • Property Type: Condominium, Residential
  • Property Status: Active

Additional details

  • Listing Terms: Cash,Conventional,FHA,Submit,VA Loan
  • Association Fee: 399.0
  • Roof: Spanish Tile
  • Utilities: Cable Connected,Electricity Connected,Natural Gas Connected,Sewer Connected,Water Connected
  • Sewer: Public Sewer
  • Cooling: Central Air,Dual
  • Heating: Central
  • Flooring: Vinyl
  • County: Orange
  • Property Type: Residential
  • Pool: Community,In Ground,Association
  • Parking: Assigned,Carport,Public,One Space,Uncovered
  • Elementary School: Cielo Vista
  • Middle School: Rancho Santa Margarita
  • High School: Trabucco Hills
  • Community Features: Biking,Curbs,Dog Park,Fishing,Golf,Gutter(s),Hiking,Horse Trails,Lake,Street Lights,Suburban,Sidewalks,Park,Pool
  • Waterfront: Across the Road from Lake/Ocean,Lake Privileges
  • Architectural Style: Mediterranean, Spanish

Contact Information

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