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5 Palacio, Rancho Santa Margarita, CA 92688


  • For Sale
  • Active
  • Single Family
  • 3 Beds
  • 2 Full Baths
  • 1 Partial Bath
  • 1,857 Sq. Ft.
  • 2 Car Garage
  • Updated 6 days ago
5 Palacio, Rancho Santa Margarita, CA 92688 View this property at 5 Palacio, Rancho Santa Margarita, CA 92688
5 Palacio Rancho Santa Margarita CA 92688

Property Description

An aura of tranquility and peace underscores this turnkey, highly upgraded three-bedroom Ballantree home in desirable Melinda Heights. Vaulted soaring cathedral ceilings allow for light to filter throughout the downstairs. Features include main floor hard wood and ceramic tile flooring for easy maintenance; main floor wooden plantation shutters; and recessed lighting throughout. Huge family room and kitchen area with stainless steel appliances. Large Master bedroom suite with oversized walk-in closet, walk-in shower and large oval soaking tub. The recently installed Milguard French door with two screened sidelights opens on to the patio and yard where you may enjoy the good life. Sunset Magazine living at its best. The perfect
Zenvironment. Nearby is Altisima Park with tennis courts, basketball courts, playground, and large pool. The Mello Roos is a low approximate $1600 and due to expire in 2019. Note: Enjoy the art and the 1966 Kawasaki F1 motorcycle. It was one of the first models Kawasaki sold in the US. Sorry, it is not for sale.

Full Property Details for 5 Palacio

  • Price: $699,900
  • Status: Active
  • Type: Single Family
  • MLS ID: OC17234760
  • Updated: 10/13/2017
  • Added: 18 day(s) ago

Property History

  • 5 Palacio, Rancho Santa Margarita, CA
  • Listed at $699,900 on 10/2/17


  • Rooms/Areas: All Bedrooms Up, Family Room, Kitchen, Living Room, Master Bathroom, Master Bedroom, Master Suite, Walk-In Closet
  • Interior Features: Cathedral-Vaulted Ceilings, Ceiling Fan, Open Floor Plan, Recessed Lighting, Tile Counters
  • Fireplace: Yes
  • Fireplace(s): Family Room
  • Eating Areas: Area, In Family Room, Dining Room
  • Appliances: Garbage Disposal, Gas Oven, Gas Range, Gas Water Heater, Microwave
  • Flooring: Carpet, Laminate, Tile, Wood



  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1


  • Total Bedrooms: 3

Other Rooms

  • Laundry: In Garage

Additional Information

  • Shared Amenities: Pool, Spa, Barbecue, Outdoor Cooking Area, Playground, Tennis, Clubhouse
  • Pool Description: Association, Community Pool
  • Spa Description: Community


  • Deck/Patio: Covered, Deck, Enclosed, Patio


  • Garage: Yes
  • Garage Spaces: 2
  • Parking: Driveway, Garage, Garage (Front Entry), Garage Door Opener


  • County: Orange
  • Subdivision: Ballantree (BALT)
  • Driving Directions: Melinda to Altisima, left on Las Plumas, right on Arboleda, right on Ballantree, and left on Palacio

School Information

  • School District: Saddleback Valley Unified
  • Elementary School: Melinda Heights
  • Middle School: Rancho Santa Margarita
  • High School: Trabuco Hills


  • Community Features: Curbs, Sidewalks, Street Lighting, Suburban

Heating & Cooling

  • Cooling Type: Central
  • Heating Type: Forced Air


  • Sewer: Sewer Assessments, Sewer Paid
  • Water: Private, See Remarks

Structural Information

  • Architectural Style: Spanish
  • Structure Type: Single Family Residence
  • Builder/Architect: Ballantree
  • Construction: Stucco, Wood Siding
  • Roof: Concrete, Spanish Tile
  • Common Walls: No Common Walls
  • Entry Location: Street
  • Stories/Levels: Two
  • Stories Description: Two
  • Square Feet: 1,857
  • Year Built: 1997
  • Year Built Source: Assessor
  • Property Condition: Turnkey

Lot Features

  • Property View: None
  • Lot Size (Sq. Ft.): 4,800
  • Lot Size Source: Estimated
  • Lot Description: Front Yard, Lawn, Yard
  • Fencing (Description): Wood

Financial Considerations

  • Price Per Sq. Ft.: $376.9
  • Assoc Fee Freq.: Monthly

Disclosures and Reports

  • Special Conditions: Standard

Listed by @Vantage Real Estate, Steve Price

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Estimate the Cost

5 Palacio will cost you if you:

  • Buy it at list price: $
  • Put down a % down payment : $
  • Pay at a interest rate over

  • Pay $ per year in insurance and $ per year in property taxes.

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In the Community

Nearby Schools

5 Palacio, Rancho Santa Margarita, CA 92688 (MLS# OC17234760) is a Single Family property with 3 bedrooms, 2 full bathrooms and 1 partial bathroom. 5 Palacio is currently listed for $699,900 and was received on October 02, 2017. Want to learn more about 5 Palacio? Do you have questions about finding other Single Family 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.

Listed by @Vantage Real Estate, Steve Price