---
listing_id: CROC26113214
status: Active
price: 489900
beds: 2
baths_full: 1
baths_half: 0
sqft_living: 618
sqft_lot: 21835
lot_acres: 0.501
year_built: 1988
property_type: Residential
property_subtype: Condominium
address: "46 Picazo"
city: Rancho Santa Margarita
state: CA
zip: 92688
county: "Orange County"
lat: 33.6472646
lng: -117.5890859
days_on_market: 1
hoa_fee: 399
hoa_frequency: Monthly
garage_spaces: 0
list_agent: "Robert MacLean"
list_office: "MacLean Realty Group"
list_agent_phone: "–"
list_agent_license: 01443491
mls_source: CRMLS
modified: 2026-05-27
transaction_type: buy
---

Home | Orange County | Rancho Santa Margarita | 92688 | 46 Picazo

46 Picazo, Rancho Santa Margarita, CA 92688

MLS: CROC26113214 | Status: Active | Price: $489,900
Beds/Baths: 2 / 1
Property Type: Residential

Quick Facts

Beds Bath Sq Ft Acres Lot Yr Built
2 1 618 0.501 1988

Upcoming Open Houses

Date Time Hosted By
Saturday, May 30 1:00 pm - 5:00 pm Robert MacLean
Sunday, May 31 1:00 pm - 5:00 pm Robert MacLean

Remarks

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

MLS Listing Information

Field Value
MLS # CROC26113214
MLS Source California Regional MLS
Days on Site 1

Features

Interior Features

Feature Details
Bedrooms Ground Floor Bedroom
Kitchen Other
Appliances Dishwasher, Other, Oven Range, Oven Range - Gas, Refrigerator, Dryer, Washer
Dining Room Other
Family Room Other
Fireplace None
Flooring Laminate
Laundry Hookup - Gas Dryer, Other
Cooling Central Forced Air
Heating Central Forced Air

Exterior Features

Feature Details
Foundation Slab
Pool Community Facility, Heated, In Ground, Spa - Community Facility
Style Mediterranean, Spanish

Parking, School, and Other Information

Feature Details
Garage/Parking Assigned Spaces, Carport, Detached, Guest / Visitor Parking, Other, Garage: 0 Car(s)
Elementary District Saddleback Valley Unified
High School District Saddleback Valley Unified
HOA Fee $399
HOA Fee Frequency Monthly
Complex Amenities Barbecue Area, Community Pool, Picnic Area

Contact Information

Robert MacLean
MacLean Realty Group
License #: 01443491
Phone: –

School Ratings

School data provided by GreatSchools.org

Nearby Schools

School Type Grades Distance Rating
Cielo Vista Elementary School public K-6 0.22 mi 7
Rancho Santa Margarita Intermediate School public 7-8 0.22 mi 7
Trabuco Mesa Elementary School public K-6 0.69 mi 7
Trabuco Elementary School public K-6 0.80 mi 7
Robinson Elementary School public K-6 0.97 mi 7
Tijeras Creek Elementary School public K-5 1.55 mi 8
Melinda Heights Elementary School public K-6 1.65 mi 8
Arroyo Vista Middle School public 6-8 2.25 mi 10
Arroyo Vista Elementary School public K-5 2.25 mi 9
Portola Hills Elementary School public K-6 3.30 mi 10
Philip J. Reilly Elementary public K-5 3.46 mi 10
Trabuco Hills High School public 9-12 3.63 mi 10
Del Lago Elementary School public K-6 3.86 mi 6
Castille Elementary School public K-5 4.55 mi 10
Wagon Wheel Elementary School public K-5 4.60 mi 10
Tesoro High School public 9-12 4.71 mi 9
Lake Forest Elementary School public K-6 4.71 mi 7
Glen Yermo Elementary School public K-6 4.75 mi 6
Las Flores Middle School public 6-8 4.78 mi 8
Foothill Ranch Elementary School public K-6 4.81 mi 9

Nearby Homes

Address Price Beds Baths Sq Ft Status
30 Flor De Sol 21 $450,000 1 1 560 Active
23 via Honrado $475,000 1 1 700 Active
7 via Hermosa $529,900 1 1 882 Active
55 via Cresta $485,000 1 1 547 Active

Disclosures

©2026 California Regional MLS. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.

Presently MLSListings.com displays Active, Contingent, Pending, and Recently Sold listings. Recently Sold listings are properties which were sold within the last three years. After that period listings are no longer displayed in MLSListings.com. Pending listings are properties under contract and no longer available for sale. Contingent listings are properties where there is an accepted offer, and seller may be seeking back-up offers. Active listings are available for sale.

This listing information is up-to-date as of May 27, 2026. For the most current information, please contact Robert MacLean.