10 Palacio Unit 32 Rancho Santa Margarita, CA 92688
Estimated payment $6,213/month
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
Coldwell Banker Realty Brokerage Phone: 949-278-2379 License #01038710 Listed on: 11/03/2025
                        Co-Listing Agent
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
 
Map
Home Values in the Area
Average Home Value in this Area
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 | 
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 | 
Purchase History
| Date | Type | Sale Price | Title Company | 
|---|---|---|---|
| Grant Deed | $205,000 | First American Title Ins Co | 
Mortgage History
| Date | Status | Loan Amount | Loan Type | 
|---|---|---|---|
| Open | $184,100 | No Value Available | 
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC25250723
APN: 930-274-76
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