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1/23
$618,800 -$6,100 (-0.98%) Price Reduced
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Property Description
Welcome to this well-maintained upper-level corner-unit condo in the desirable Glenwood Village community of Aliso Viejo. This thoughtfully designed, diligently maintained, and beautifully updated home features 1 bedroom plus a den/office-perfect for working from home and easily convertible into a second bedroom. Recent updates include beautiful Luxury Vinyl Plank (LVP) flooring, a new AC and furnace (2020), Granite Transformations countertops in the kitchen, an updated bathroom, and new R-38 rated attic insulation with a radiant barrier and attic fan to help reduce heating and cooling costs. The unit includes its own private balcony/sitting area with private staircase access. The versatile den/office includes its own sliding door entrance. The dining area and spacious family room feature vaulted ceilings with high accent windows that bring in exceptional natural light, along with a cozy gas fireplace. The combination of soaring ceilings, tall windows, and plantation shutters creates a bright, inviting living space throughout the day. Clean LVP flooring and recessed lighting add a modern touch. The updated kitchen includes stainless steel appliances, Granite Transformations countertops, ample cabinet space, and an efficient layout. Refrigerator is included. Down the hall to the primary bedroom is a separate in-unit laundry area (washer and dryer included) and a full bathroom. The primary bedroom features vaulted ceilings, additional high windows that provide abundant natural light, and a walk-in closet. Surrounded by lush trees, green common areas, parks, and natural open space, this home offers a peaceful setting while still being close to everything. Enjoy quick access to shopping, dining, recreation, and some of Orange County's best outdoor lifestyle amenities. You're just a quiet 15-minute drive to Downtown Laguna Beach, 10 minutes to premier hiking and mountain biking trails, and 15 minutes to John Wayne Airport or Newport Beach. Aliso Viejo is also consistently ranked as one of California's safest cities, making it a truly exceptional place to call home.
Full Property Details
Full Property Details for 40 Rainwood
General
- Price: $618,800
- HOA FEE: $480/month
- Status: Active
- Type: Condo
- Source: MRMLS
- MLS ID: OC25263510
- Updated: 1/14/2026
- Days on Market: 38 days
- Added to Site: 47 day(s) ago
Interior
- Rooms/Areas: Den, Main Floor Bedroom, Main Floor Primary Bedroom, Primary Bathroom, Primary Bedroom, Office, Walk-In Closet
- Interior Features: Attic Fan, Ceiling Fan(s), Granite Counters, Recessed Lighting
- Fireplace: Yes
- Fireplace(s): Living Room, Gas
- Eating Areas: In Living Room
- Appliances: Electric Oven, Electric Range, Disposal, Microwave, Refrigerator, Water Heater
- Flooring: Vinyl
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 2
Other Rooms
- Laundry: Dryer Included, In Closet, Inside, Washer Hookup, Washer Included
Additional Information
- Shared Amenities: Pool, Spa/Hot Tub, Tennis Court(s), Gym/Exercise Room
- Pool Description: Association, Community, In-Ground
- Spa Description: Association, Community, In-Ground
Parking
- Garage: Yes
- Garage Spaces: 1
- Parking: Garage (Single Door), Garage Door Opener, No Driveway, Parking Space, Unassigned
Location
- County: Orange
- Subdivision: Glenwood Village (GV)
- Driving Directions: From Aliso Viejo Pkwy, turn North on Cedarbrook, West on Rainwood.
- Direction Faces: North
School Information
- School District: Capistrano Unified
- Elementary School: OAKGRO2
- Middle School: ALIVIE
- High School: ALINIG
Community
- Community Features: Biking, Dog Park, Hiking, Sidewalks, Suburban
- Assoc. Name: Glenwood Village Community Assoc, Powerstone Property Mgnt
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Structure Type: Condominium
- Common Walls: 1 Common Wall, No One Above
- Windows: Shutters
- Entry Location: 2
- Stories/Levels: One
- Stories Description: One
- Square Feet: 840
- Sq. Ft. Source: Estimated
- Year Built: 1989
- Year Built Source: Public Records
- Property Condition: Additions/Alterations, Turnkey, Updated/Remodeled
Unit Information
- Units in Complex: 200
Lot Features
- Property View: None
- Lot Size (Acres): 2.5956
- Lot Size (Sq. Ft.): 113,065
- Lot Size Source: Assessor
Financial Considerations
- Price Per Sq. Ft.: $736.67
- Association Fee: $480
- Assoc Fee Freq.: Monthly
- Other Fee: $122
- Other Fee Type: Association Fee 2
- Other Fee Freq.: Quarterly
Disclosures and Reports
- Special Conditions: Standard
- Inclusions: Washer/Dryer, Refrigerator
Listed by Real Broker, Richard Bustamante
Get Pre-Approved Today
Schools
Schools serving 40 Rainwood
School District:Capistrano Unified School District
| Name | Grades | Distance |
|---|---|---|
Oak Grove Elementary School, Aliso Viejo, CA 22705 Sanborn, Aliso Viejo, CA 92656 | PK-5 | 1.3 mi |
Aliso Viejo Middle School 111 Park Avenue, Aliso Viejo, CA 92656 | 6-8 | 0.9 mi |
Aliso Niguel High School 28000 Wolverine Way, Aliso Viejo, CA 92656 | 9-12 | 1.8 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 40 Rainwood
Date
Details
Price
Change
Source
1/14/2026
Price Reduced
$618,800
-0.98%
MLS
11/29/2025
Listed
$624,900
239.62%
MLS
10/19/2001
Sold
$184,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 40 Rainwood
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,683
2%
$271,812
2%
2024
$2,629
2%
$266,483
2%
2023
$2,567
2%
$261,258
2%
2022
$2,516
2%
$256,136
2%
2021
$2,465
1%
$251,114
1%
2020
$2,439
2%
$248,540
2%
2019
$2,390
2%
$243,667
2%
2018
$2,342
2%
$238,890
2%
2017
$2,295
2%
$234,206
2%
2016
$2,260
-12%
$229,614
2%
2015
$2,574
2%
$226,165
2%
2014
$2,520
-2%
$221,735
—
2013
$2,567
—
$220,733
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 40 Rainwood
40 Rainwood, Aliso Viejo, CA 92656 (MLS# OC25263510) is a Condo property with 2 bedrooms and 1 full bathroom. 40 Rainwood is currently listed for $618,800 and was received on November 29, 2025. Want to learn more about 40 Rainwood? Do you have questions about finding other Condo real estate for sale in Aliso Viejo? You can browse all Aliso Viejo real estate or contact a Coldwell Banker agent to request more information.

