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$489,900
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Property Description
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!
Full Property Details
Full Property Details for 46 Picazo
General
- Price: $489,900
- HOA FEE: $399/month
- Status: Active
- Type: Condo
- Source: MRMLS
- MLS ID: OC26113214
- Updated: 6/29/2026
- Days on Market: 46 days
- Added to Site: 46 day(s) ago
Interior
- Rooms/Areas: All Bedrooms Down, Main Floor Primary Bedroom, Kitchen, Main Floor Bedroom, Family Room
- Fireplace(s): None
- Eating Areas: Area
- Appliances: 6 Burner Stove, Refrigerator, Gas Water Heater, Free-Standing Range, Gas Range, Dishwasher
- Flooring: Laminate
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 2
Other Rooms
- Laundry: Inside, Gas Dryer Hookup, Washer Hookup, Washer Included, Dryer Included
Additional Information
- Shared Amenities: Pickleball, Pool, Barbecue, Outdoor Cooking Area, Spa/Hot Tub, Picnic Area
- Pool Description: Association, In-Ground, Community, Heated
- Spa Description: Association, In-Ground, Community
Exterior
- Deck/Patio: Front Porch, Concrete, Porch, Patio
Parking
- Carport Spaces: 1
- Parking: Assigned, Paved, Carport, Guest, Detached Carport
Location
- County: Orange
- Subdivision: Las Flores (R2) (LF)
- Driving Directions: Rancho Santa Margarita / Alma Aldea
- Direction Faces: North
School Information
- School District: Saddleback Valley Unified
- Elementary School: CIEVIS
- Middle School: RASAMA
- High School: TRAHIL2
Community
- Community Features: Curbs, Fishing, Lake, Sidewalks, Suburban, Park
- Assoc. Name: Powerstone PM, First Service Residential
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Spanish, Mediterranean
- Structure Type: Condominium
- Foundation: Slab
- Common Walls: 2 Common Walls (or More)
- Windows: Blinds, Screens
- Entry Location: 1
- Stories/Levels: One
- Stories Description: One
- Square Feet: 618
- Sq. Ft. Source: Assessor
- Year Built: 1988
- Year Built Source: Assessor
Unit Information
- Units in Complex: 133
Lot Features
- Property View: Mountain(s)
- Lot Size (Acres): 0.5013
- Lot Size (Sq. Ft.): 21,835
- Lot Size Source: Assessor
- Lot Description: 0-1 Unit/Acre
- Fencing (Description): None
Green Features
- Walk Score: 65
Financial Considerations
- Price Per Sq. Ft.: $792.72
- Association Fee: $399
- Assoc Fee Freq.: Monthly
- Other Fee: $91
- Other Fee Type: Association Fee 2
- Other Fee Freq.: Monthly
Disclosures and Reports
- Special Conditions: Standard
Listed by MacLean Realty Group, Robert MacLean
Get Pre-Approved Today
Schools
Schools serving 46 Picazo
School District:Saddleback Valley Unified School District
| Name | Grades | Distance |
|---|---|---|
Cielo Vista Elementary School 21811 Avenida De Los Fundadores, Rancho Santa Margarita, CA 92688 | K-6 | 0.2 mi |
Rancho Santa Margarita Intermediate School 21931 Alma Aldea, Rancho Santa Margarita, CA 92688 | 7-8 | 0.3 mi |
Trabuco Hills High School 27501 Mustang Run, Mission Viejo, CA 92691 | 9-12 | 3.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 46 Picazo
Date
Details
Price
Change
Source
5/26/2026
Listed
$489,900
—
MLS
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 46 Picazo
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,908
2%
$181,921
2%
2024
$1,875
2%
$178,354
2%
2023
$1,832
2%
$174,857
2%
2022
$1,801
29%
$171,429
2%
2021
$1,401
-20%
$168,068
1%
2020
$1,754
-10%
$166,345
2%
2019
$1,945
1%
$163,084
2%
2018
$1,917
-1%
$159,887
2%
2017
$1,938
-11%
$156,752
2%
2016
$2,166
-4%
$153,679
2%
2015
$2,251
2%
$151,371
2%
2014
$2,212
-1%
$148,406
5%
2013
$2,245
—
$142,000
—
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 46 Picazo
46 Picazo, Rancho Santa Margarita, CA 92688 (MLS# OC26113214) is a Condo property with 2 bedrooms and 1 full bathroom. 46 Picazo is currently listed for $489,900 and was received on May 26, 2026. Want to learn more about 46 Picazo? Do you have questions about finding other Condo real estate for sale in Rancho Santa Margarita North? You can browse all Rancho Santa Margarita North real estate or contact a Coldwell Banker agent to request more information.

