40 Rainwood

Off Market

40 Rainwood

Aliso Viejo CA 92656

840 sq. ft.

113065 sq. ft.

Condo

Last sold for $596,000

Richard Bustamante, last sold this property on 13 March 2026 after 104 days on market.

Overview

Welcome to this well-maintained upper-level corner-unit condo in the desirable Glenwood Village community of Aliso Viejo. This thoughtfully designed, diligently maintained, and beautifully updated home features 1 bedroom plus a den/office—perfect for working from home and easily convertible into a second bedroom. Recent updates include beautiful Luxury Vinyl Plank (LVP) flooring, a new AC and furnace (2020), Granite Transformations countertops in the kitchen, an updated bathroom, and new R-38 rated attic insulation with a radiant barrier and attic fan to help reduce heating and cooling costs. The unit includes its own private balcony/sitting area with private staircase access. The versatile den/office includes its own sliding door entrance. The dining area and spacious family room feature vaulted ceilings with high accent windows that bring in exceptional natural light, along with a cozy gas fireplace. The combination of soaring ceilings, tall windows, and plantation shutters creates a bright, inviting living space throughout the day. Clean LVP flooring and recessed lighting add a modern touch. The updated kitchen includes stainless steel appliances, Granite Transformations countertops, ample cabinet space, and an efficient layout. Refrigerator is included. Down the hall to the primary bedroom is a separate in-unit laundry area (washer and dryer included) and a full bathroom. The primary bedroom features vaulted ceilings, additional high windows that provide abundant natural light, and a walk-in closet. Surrounded by lush trees, green common areas, parks, and natural open space, this home offers a peaceful setting while still being close to everything. Enjoy quick access to shopping, dining, recreation, and some of Orange County’s best outdoor lifestyle amenities. You’re just a quiet 15-minute drive to Downtown Laguna Beach, 10 minutes to premier hiking and mountain biking trails, and 15 minutes to John Wayne Airport or Newport Beach. Aliso Viejo is also consistently ranked as one of California’s safest cities, making it a truly exceptional place to call home.

Features

2 bedrooms

1 bathroom

2 carspaces

1 open car space

1 garage space

840 sq. ft. floor area

113065 sq. ft. lot size

Condo

Estimated Value

Based on this property and similar 2 bedroom condos sold in Aliso Viejo over the last 12 months, the estimated median property value of 40 Rainwood is $715k.

Median value

$715k

Estimated value range

$8.25k - $1.32m

Median days on market

Estimated value trend

-1%

decrease over the last 12 months

Average days on market is based on recent, comparable sales in Aliso Viejo. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 40 Rainwood

2026

Sold

$596,000

13 Mar 2026 by Richard Bustamante, of Real Broker AZ, LLC

Happy sellers in Aliso Viejo

94%

94% of sellers in Aliso Viejo reported that their sale price either exceeded or met their price expectations.

Aliso Viejo stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 9 reviews in Aliso Viejo over the last 12 months.

Local market activity for 2 bedroom condos in Aliso Viejo

In the last 12 months, 125 two-bedroom condos similar to 40 Rainwood, have been sold.

This represents a 8% increase in two-bedroom condos sales when compared to the previous 12 months.

Sold

For Sale

Interested in selling?

People are reaching out to these agents in Aliso Viejo for a market analysis.

Amy Mosley

(97 reviews)

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Pamela Hansen

at First Team Estates

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Tim Wolter

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Nancy Aynehchi

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Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Aliso Viejo

Amy Mosley

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