$1,099,000

10 Palacio Unit 32 Rancho Santa Margarita, CA 92688

Estimated payment $6,213/month

3 Beds
2.5 Baths
1,857 Sq Ft
$592 Price per Sq Ft

Highlights

  • Spa
  • Primary Bedroom Suite
  • 1.94 Acre Lot
  • Melinda Heights Elementary School Rated A-
  • Updated Kitchen
  • Corner Lot

About This Home

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.

Listing Agent

Mac Mackenzie

Coldwell Banker Realty Brokerage Phone: 949-278-2379 License #01038710 Listed on: 11/03/2025

Coldwell Banker Realty

Co-Listing Agent

David Cannon

Coldwell Banker Realty Brokerage Phone: 949-278-2379 License #01329802

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,268

Year Built

  • Built in 1997

Lot Details

  • No Common Walls
  • Cul-De-Sac
  • Back Yard

HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Driveway

Home Design

  • Entry on the 1st floor
  • Tile Roof

Interior Spaces

  • 1,857 Sq Ft Home
  • 2-Story Property
  • Family Room with Fireplace
  • Living Room
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms
  • Primary Bedroom Suite
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub with Shower
  • Walk-in Shower
  • Exhaust Fan In Bathroom

Outdoor Features

  • Spa
  • Concrete Porch or Patio
  • Exterior Lighting

Schools

  • Melinda Heights Elementary School
  • Rancho Santa Margarita Middle School
  • Trabucco Hills High School

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 2
  • Tax Tract Number 14274
  • Assessor Parcel Number 93027476
  • $41 per year additional tax assessments

Community Details

Overview

  • 100 Units
  • Ballantree Association, Phone Number (949) 833-2600
  • Samlarc Association, Phone Number (800) 428-5588
  • Ballantree Subdivision

Amenities

  • Picnic Area

Recreation

  • Community Playground
  • Community Pool
  • Community Spa

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,268

Year Built

Built in 1997

Lot Details

0

HOA Fees

$188 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Subdivision Name Other: Ballantree (BALT)
  • View: No
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93027476
  • Year Built: 1997
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1857.00 Square Feet
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Entry Level: 1
  • Fireplace Features: Family Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 591.81
  • Room Type: All Bedrooms Up, Family Room, Kitchen, Laundry, Living Room, Primary Bedroom, Primary Suite
  • Spa Features: Community
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Double Sinks In Primary Bath, Exhaust Fan(s)
  • Room Kitchen Features: Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • Patio And Porch Features: Concrete
  • Pool Features: Community
  • Pool Private: No
  • Roof: Tile
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Garage
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Range, Microwave
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association: Samlarc
  • Amenities: Pool, Spa/Hot Tub, Picnic Area, Playground
  • Association Fee: 117.00
  • Association #2 Fee: 71.00
  • Association #2 Fee Frequency: Monthly
  • Association Fee Frequency: Monthly
  • Association Name: Ballantree
  • Phone: 949-833-2600
  • Association Phone #2: 800-428-5588
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Sidewalks, Street Lights
  • Association Management: Ballantree

Schools

  • Elementary School: Melinda Heights
  • High School: Trabucco Hills
  • Middle Or Junior School: Rancho Santa Margarita
  • Elementary School #2: MELHEI
  • High School2: TRAHIL2

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Corner Lot, Cul-De-Sac
  • Lot Size Sq Ft: 84702.00
  • Lot Size Acres: 1.9445

Multi Family

  • Lease Considered: No
  • Lot Size Area: 84702.0000 Square Feet
  • Number Of Units In Community: 100
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 2
  • Tax Tract Number: 14274
  • TaxOtherAnnualAssessmentAmount: 41.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,268 $327,323 $129,244 $198,079
2024 $3,268 $320,905 $126,709 $194,196
2023 $3,191 $314,613 $124,224 $190,389
2022 $3,135 $308,445 $121,789 $186,656
2021 $3,045 $302,398 $119,401 $182,997
2020 $3,048 $299,298 $118,177 $181,121
2019 $3,207 $293,430 $115,860 $177,570
2018 $4,495 $287,677 $113,588 $174,089
2017 $4,698 $282,037 $111,361 $170,676
2016 $4,723 $276,507 $109,177 $167,330
2015 $4,568 $272,354 $107,537 $164,817
2014 $4,866 $267,019 $105,430 $161,589
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/03/2025 11/03/25 For Sale $1,099,000 -- $592 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Grant Deed $205,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $184,100 No Value Available
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC25250723

California Regional Multiple Listing Service (CRMLS)

APN: 930-274-76