46 Picazo, Rancho Santa Margarita 92688

$485,000

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2

Beds

1

Bath

618

Square feet

21,835

Lot Size

About 46 Picazo

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!

Features of 46 Picazo

MLS® # OC26113214
Price $489,900
Sold Price $485,000
Bedrooms 2
Bathrooms 1.00
Full Baths 1
Square Footage 618
Lot Sqft 21,835
Acres 0.50
Year Built 1988
Type Residential
Sub-Type Condominium
Style Mediterranean, Spanish
Status Closed
# Of Units 1

Community Information

Address 46 Picazo
Area R1 - Rancho Santa Margarita North
Subdivision Las Flores (R2) (LF)
City Rancho Santa Margarita
County Orange
Zip Code 92688

Amenities

Amenities Barbecue, Outdoor Cooking Area, Pickleball, Picnic Area, Pool, Spa/Hot Tub
Utilities Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Parking Spaces 1
Parking Guest, Assigned, Carport, Detached Carport, Paved
Garages Guest, Assigned, Carport, Detached Carport, Paved
View Mountain(s)
Is Waterfront No
Has Pool Yes
Pool Association, Community, Heated, In Ground

Interior

Interior Laminate
Interior Features Bedroom on Main Level, All Bedrooms Down, Main Level Primary
Appliances Dishwasher, Gas Range, Gas Water Heater, Refrigerator, Dryer, Free-Standing Range, SixBurnerStove, Washer
Heating Central
Cooling Central Air
Has Basement No
Fireplace No
Fireplaces None
# of Stories 1
Stories One

Exterior

Lot Description ZeroToOneUnitAcre
Windows Blinds, Screens
Foundation Slab

School Information

District Saddleback Valley Unified
Elementary Cielo Vista
Middle Rancho Santa Margarita
High Trabucco Hills

Additional Information

Date Listed May 26th, 2026
Date Sold July 24th, 2026
Days on Market 34
Foreclosure No
Short Sale No
RE / Bank Owned No
HOA Fees 399
HOA Fees Freq. Monthly

Listing Details

AgentRobert Maclean
OfficeMacLean Realty Group

Listing Map

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