Welcome to this inviting 3-bedroom, 2.5-bath home offering 1,857 sq. ft. of comfortable living space in the highly desirable Melinda Heights community of Rancho Santa Margarita. Perfectly situated at the end of a cul-de-sac, this home offers privacy, charm, and a wonderful neighborhood setting.
Inside, you’ll find a bright and open floor plan with spacious living areas and an easy flow between the living, dining, and kitchen spaces. The primary suite features a large private bath with dual vanities, soaking tub, and separate shower. Upstairs are two additional roomy bedrooms and a full bath.
Enjoy the beautiful backyard with a covered patio—perfect for outdoor dining, relaxing, or entertaining—plus a grassy area for play.
Just a short stroll to Melinda Heights Elementary School, local parks, pools, and sports courts, including tennis, pickleball, and basketball, as well as baseball and soccer fields. Residents of Rancho Santa Margarita also enjoy access to four Jr. Olympic-sized pools, the scenic RSM Lake, and the Beach Club Lagoon with a beach-entry swimming area and resort-style amenities.
Sold for $975,000
Listing Provided by:
Mac Mackenzie DRE #01038710 949-278-2379,
Coldwell Banker Realty,
David Cannon DRE #01329802,
Coldwell Banker Realty
Bought with: Keller Williams OC Coastal Rea
$975,000
10 Palacio, Rancho Santa Margarita, CA 92688
3beds
1,857sqft
Condominium
Built in 1997
-- sqft lot
$981,000 Zestimate®
$525/sqft
$4,578 Estimated rent
Home value
$981,000
$903,000 - $1.06M
$4,578/mo
Zestimate® history
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Zillow last checked: 7 hours ago
Listing updated: January 20, 2026 at 01:12pm
Listing Provided by:
Mac Mackenzie DRE #01038710 949-278-2379,
Coldwell Banker Realty,
David Cannon DRE #01329802,
Coldwell Banker Realty
Bought with:
Jeff Stearman, DRE #00932282
Keller Williams OC Coastal Rea
Source: CRMLS,MLS#: OC25250723
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
- Main level bathrooms: 1
Primary bedroom
- Features: Primary Suite
Bedroom
- Features: All Bedrooms Up
Bathroom
- Features: Bathroom Exhaust Fan, Bathtub, Dual Sinks, Separate Shower, Tub Shower
Kitchen
- Features: Remodeled, Updated Kitchen
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Dishwasher, Disposal, Gas Range, Microwave
- Laundry: Inside
Features
- All Bedrooms Up, Primary Suite
- Flooring: Carpet, Tile
- Has fireplace: Yes
- Fireplace features: Family Room
- Common walls with other units/homes: No Common Walls
Interior area
- Total interior livable area: 1,857 sqft
Property
Parking
- Total spaces: 2
- Parking features: Driveway, Garage
- Attached garage spaces: 2
Features
- Levels: Two
- Stories: 2
- Entry location: 1
- Patio & porch: Concrete
- Pool features: Community, Association
- Has spa: Yes
- Spa features: Community
- Has view: Yes
- View description: None
Lot
- Size: 1.94 Acres
- Features: Back Yard, Corner Lot, Cul-De-Sac
Details
- Parcel number: 93027476
- Special conditions: Standard
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
Materials
- Roof: Tile
Condition
- New construction: No
- Year built: 1997
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Community
- Community features: Street Lights, Sidewalks, Pool
Location
- Region: Rancho Santa Margarita
- Subdivision: Ballantree (Balt)
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $117 monthly
- Amenities included: Picnic Area, Playground, Pool, Spa/Hot Tub
- Association name: Ballantree
- Association phone: 949-833-2600
- Second HOA fee: $71 monthly
- Second association name: Samlarc
- Second association phone: 800-428-5588
Other
Other facts
- Listing terms: Cash to New Loan
Price history
| Date | Event | Price |
|---|---|---|
| 1/20/2026 | Sold | $975,000-11.3%$525/sqft |
Source:  CRMLS #OC25250723 Report a problem | ||
| 12/20/2025 | Pending sale | $1,099,000$592/sqft |
Source: CRMLS #OC25250723 Report a problem | ||
| 11/3/2025 | Listed for sale | $1,099,000+436.1%$592/sqft |
Source: CRMLS #OC25250723 Report a problem | ||
| 8/21/1997 | Sold | $205,000$110/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,328 +1.8% | $327,323 +2% |
| 2024 | $3,268 +2.4% | $320,905 +2% |
| 2023 | $3,191 +1.8% | $314,613 +2% |
Find assessor info on the county website
Neighborhood: 92688
Nearby schools
GreatSchools rating
- 8/10Melinda Heights Elementary SchoolGrades: K-6Distance: 0.4 mi
- 5/10Rancho Santa Margarita Intermediate SchoolGrades: 7-8Distance: 1.9 mi
- 10/10Trabuco Hills High SchoolGrades: 9-12Distance: 2.4 mi
Schools provided by the listing agent
- Elementary: Melinda Heights
- Middle: Rancho Santa Margarita
- High: Trabucco Hills
Source: CRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$981,000
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$981,000
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