$1,224,900
UNDER CONTRACT $50K PRICE DROP

81 Mercantile Way Ladera Ranch, CA 92694

Estimated payment $7,488/month

Total Views 6,580
4 Beds
2.5 Baths
1,860 Sq Ft
$659 Price per Sq Ft

Highlights

  • Spa
  • Primary Bedroom Suite
  • Updated Kitchen
  • Chaparral Elementary School Rated A
  • City Lights View
  • Clubhouse

About This Home

Welcome to 81 Mercantile Way in Ladera Ranch — a rare END-LOT detached home in the highly desirable Gables community. This upgraded Plan 3 model offers 1860 sq ft, 4 bedrooms, 2.5 baths, a remodeled kitchen, full PEX Re-Pipe, oversized 2 car garage, covered front porch with room to relax, balcony off primary, ideal layout with open circular flow on the main level and all 4 bedrooms upstairs, and an unbeatable Ladera location offering a rare walkable lifestyle with easy access to shops, restaurants, coffee, groceries, gym, schools, parks and pools. The premium END-LOT location is a game changer and makes the home unique in the community—with no neighbor bordering the side yard the outdoor space is greatly enhanced. The remodeled kitchen features Caesarstone quartz countertops, full-height marble backsplash, farmhouse sink, newer stainless steel Maytag appliances, bar seating, and a sunlit breakfast nook with bay window. Flooring has been upgraded throughout with laminate upstairs and downstairs, and solid oak hardwood stairs with white risers and custom banister. The open-concept living space includes a family room with cozy fireplace with custom surround & mantel flanked by original builder-installed window sidelights. French doors lead to a private side yard and covered patio with gas hookup—perfect for BBQs or firepit. Unique to this lot, there’s no neighbor on this side, offering extra privacy, sunlight, breezes, and unique openness. The oversized 2-car garage features high ceilings, epoxy floor, windows, and custom storage. Upstairs, all 4 bedrooms offer ceiling fans and junction boxes. Convenient 2nd-floor laundry room with newer washer and dryer which are both included. The primary suite includes a private balcony with foothill views, custom barn door to the en-suite bath with a generous walk-in closet, Corian counters, dual sinks, soaking tub and separate shower. One bedroom currently configured as office and downstairs powder room includes custom wall paneling. Enjoy a rare walkable lifestyle with easy access to the Mercantile Shops, Oslo Coffee, Ten Mile Brewing, Rancho Capistrano Winery, Trader Joe’s, Franco’s, Lucky Strike Bowling, gyms, parks, pools, Concerts/Movies in the park at Town Green and the Sunday Farmers Market & 4th of July Fireworks at Founders Park. Just a short walk to highly-rated Chaparral Elementary & Ladera Ranch Middle School. Original owner with great pride of ownership, come see this special home in an unbeatable location!

Listing Agent

Timothy Wolter

Ladera Realty Brokerage Phone: 949-338-3767 License #01384317 Listed on: 06/19/2025

Co-Listing Agent

Jeffrey Wolter

Ladera Realty Brokerage Phone: 949-338-3767 License #01738192

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,813

Year Built

  • Built in 2001

Lot Details

  • 2,704 Sq Ft Lot
  • Private Yard
  • Back Yard

HOA Fees

  • $362 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Parking Available

Property Views

  • City Lights
  • Mountain
  • Valley

Home Design

  • Entry on the 1st floor
  • Planned Development
  • Slab Foundation

Interior Spaces

  • 1,860 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Recessed Lighting
  • Family Room with Fireplace
  • Dining Room
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Breakfast Area or Nook
  • Quartz Countertops
  • Farmhouse Sink

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Upper Level Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Soaking Tub

Outdoor Features

  • Spa
  • Balcony
  • Covered Patio or Porch
  • Exterior Lighting
  • Rain Gutters

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tax Lot 56
  • Tax Tract Number 15886
  • Assessor Parcel Number 75946145
  • $2,135 per year additional tax assessments
  • Seller Considering Concessions

Community Details

Overview

  • Larmac Association, Phone Number (949) 218-0900
  • First Service Residential HOA
  • The Gables Subdivision

Amenities

  • Outdoor Cooking Area
  • Community Fire Pit
  • Community Barbecue Grill
  • Picnic Area
  • Clubhouse

Recreation

  • Tennis Courts
  • Sport Court
  • Community Playground
  • Community Pool
  • Community Spa
  • Hiking Trails
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,813

Year Built

Built in 2001

Lot Details

0

HOA Fees

$362 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Inclusions: Washer, Dryer & Refrigerator
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name Other: The Gables (GABL)
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 75946145
  • Year Built: 2001
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: UnderContract

Interior Features

  • Fireplace: Yes
  • Living Area: 1860.00 Square Feet
  • Interior Amenities: Balcony, Ceiling Fan(s), Quartz Counters, Recessed Lighting
  • Stories: 2
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Eating Area: Breakfast Nook, Dining Room
  • Entry Level: 1
  • Fireplace Features: Family Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 658.55
  • Room Type: All Bedrooms Up, Family Room, Kitchen, Laundry, Primary Bathroom, Primary Bedroom, Primary Suite, Walk-In Closet
  • Spa Features: Association
  • Room Kitchen Features: Quartz Counters, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • View: City Lights, Mountain(s), Valley
  • Patio And Porch Features: Covered, Front Porch
  • Pool Features: Association
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Forced Air
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Fire Pit, Barbecue, Outdoor Cooking Area, Picnic Area, Playground, Tennis Court(s), Sport Court, Biking Trails, Hiking Trails, Clubhouse
  • Association Fee: 362.00
  • Association Fee Frequency: Monthly
  • Association Name: LARMAC
  • Phone: 949-218-0900
  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Curbs, Gutters, Sidewalks, Storm Drains, Street Lights
  • Association Management: First Service Residential

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Yard
  • Lot Size Sq Ft: 2704.00
  • Lot Size Acres: 0.0621

Multi Family

  • Lease Considered: Yes
  • Lot Size Area: 2704.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 320.57
  • Tax Lot: 56
  • Tax Tract Number: 15886
  • TaxOtherAnnualAssessmentAmount: 2135.00

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 $7,813 $582,237 $357,821 $224,416
2024 $7,813 $570,821 $350,805 $220,016
2023 $7,698 $559,629 $343,927 $215,702
2022 $7,581 $548,656 $337,183 $211,473
2021 $7,474 $537,899 $330,572 $207,327
2020 $7,363 $532,384 $327,182 $205,202
2019 $7,420 $521,946 $320,767 $201,179
2018 $7,380 $511,712 $314,477 $197,235
2017 $7,450 $501,679 $308,311 $193,368
2016 $7,374 $491,843 $302,266 $189,577
2015 $7,427 $484,456 $297,726 $186,730
2014 $7,470 $474,967 $291,894 $183,073
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/20/2025 08/20/25 Price Changed $1,224,900 -2.0% $659 / Sq Ft
07/15/2025 07/15/25 Price Changed $1,249,900 -2.0% $672 / Sq Ft
06/19/2025 06/19/25 For Sale $1,274,900 -- $685 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- California Counties Title Co
Grant Deed $355,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $380,000 New Conventional
Closed $50,000 Credit Line Revolving
Closed $296,000 New Conventional
Closed $275,000 No Value Available
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC25136867

California Regional Multiple Listing Service (CRMLS)

APN: 759-461-45