About 42 Picazo # 29
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.
Features of 42 Picazo # 29
| MLS® # | OC26030340 |
|---|---|
| Price | $515,000 |
| Sold Price | $515,000 |
| Bedrooms | 2 |
| Bathrooms | 2.00 |
| Full Baths | 2 |
| Square Footage | 773 |
| Acres | 0.00 |
| Year Built | 1987 |
| Type | Residential |
| Sub-Type | Condominium |
| Style | Mediterranean, Spanish |
| Status | Closed |
| # Of Units | 1 |
Community Information
| Address | 42 Picazo # 29 |
|---|---|
| Area | R1 - Rancho Santa Margarita North |
| Subdivision | Las Flores (R2) (LF) |
| City | Rancho Santa Margarita |
| County | Orange |
| Zip Code | 92688 |
Amenities
| Amenities | Maintenance Grounds, Barbecue, Call for Rules, Clubhouse, Dog Park, Fire Pit, Meeting Room, Outdoor Cooking Area, Pet Restrictions, Pickleball, Picnic Area, Playground, Pool, Sauna, Spa/Hot Tub, Sport Court, Trail(s) |
|---|---|
| Utilities | Cable Connected, Electricity Connected, Sewer Connected, Water Connected, Natural Gas Connected |
| Parking Spaces | 2 |
| Parking | Assigned, Carport, One Space, Public, Uncovered |
| Garages | Assigned, Carport, One Space, Public, Uncovered |
| View | Park/Greenbelt, Neighborhood |
| Is Waterfront | No |
| Waterfront | Across the Road from Lake/Ocean, Lake Privileges |
| Has Pool | Yes |
| Pool | In Ground, Association, Community |
Interior
| Interior | Vinyl |
|---|---|
| Interior Features | Ceiling Fan(s), Recessed Lighting, All Bedrooms Down, Laminate Counters |
| Appliances | Dishwasher, Disposal, Gas Oven, Gas Range, Microwave, Refrigerator, Dryer, Washer, Water Heater |
| Heating | Central |
| Cooling | Central Air, Dual |
| Has Basement | No |
| Fireplace | Yes |
| Fireplaces | Gas, Living Room |
| # of Stories | 1 |
| Stories | One |
Exterior
| Exterior | Concrete, Stucco |
|---|---|
| Lot Description | Near Park, Greenbelt |
| Roof | Spanish Tile |
| Construction | Concrete, Stucco |
| Foundation | Slab |
School Information
| District | Saddleback Valley Unified |
|---|---|
| Elementary | Cielo Vista |
| Middle | Rancho Santa Margarita |
| High | Trabucco Hills |
Additional Information
| Date Listed | February 9th, 2026 |
|---|---|
| Date Sold | April 17th, 2026 |
| Days on Market | 16 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
| HOA Fees | 399 |
| HOA Fees Freq. | Monthly |
Listing Details
| Agent | Jonathan Mesisca |
|---|---|
| Office | Bullock Russell RE Services |