Back 46 Picazo
Off Market

46 Picazo

Rancho Santa Margarita CA 92688

2
1
1
618 sq. ft.
21835 sq. ft.
Condo
Last sold for $485,000
Robert MacLeanRobert MacLean, last sold this property on 24 July 2026 after 58 days on market.

Overview

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

2 bedrooms
1 bathroom
1 carspace
1 carport space
618 sq. ft. floor area
21835 sq. ft. lot size
Condo

Estimated Value

Based on this property and similar 2 bedroom condos sold in Rancho Santa Margarita over the last 12 months, the estimated median property value of 46 Picazo is $655k.

Median value
$655k
Estimated value range
$32.4k - $875k
Median days on market
33
Estimated value trend
1%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Rancho Santa Margarita. 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 46 Picazo

2026
Sold
$485,000
24 Jul 2026 by Robert MacLean, of Maclean Realty Group

Happy sellers in Rancho Santa Margarita

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We have insufficient information to provide an overview of customer satisfaction for Rancho Santa Margarita. Viewing the agent profiles, reviews and sales for Rancho Santa Margarita can provide insights for this location.

Local market activity for 2 bedroom condos in Rancho Santa Margarita

In the last 12 months, 104 two-bedroom condos similar to 46 Picazo, have been sold.

This represents a 15% increase in two-bedroom condos sales when compared to the previous 12 months.

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