16 Islay 54 Rancho Santa Margarita, CA $ 650,000
16 Islay 54
$ 650,000
Recently Listed
Open House 2/20 10:30am - 1pm
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16 Islay 54

Rancho Santa Margarita, CA, 92688
$ 650,000
Bedrooms2 Baths2.1 Sq 926

Monthly Estimate*

$ 4,002

Listed by eXp Realty of California Inc
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Condo for sale in Rancho Santa Margarita, CA

for $650,000 with 2 bedrooms and 2 full baths, 1 half bath. This 926 square foot condo was built in 1987 on a lot size of 0.6971.

Welcome to this beautifully remodeled luxury condo in a superb end-unit location of the Mission Courts II community. Stroll into this turnkey home with incredible ambiance, vaulted ceilings upstairs and downstairs, custom and recessed lighting throughout. The heart of the home features a Chef’s dream kitchen showcasing high-end JENN-AIR appliances, convection/microwave oven, induction cooktop, granite counters, and solid cherry wood cabinets, and the inside of the condo has brand new paint and lighting, custom blinds, Ilva premium Argentinian porcelain tile downstairs and engineered wood flooring upstairs. The condo also includes a newer Heating and Air conditioning system and a custom black glass remote fireplace with lighting in the living room. When you wander upstairs you will be led to two very spacious bedrooms, both with en-suite bathrooms, large closet spaces and scenic community views. There is no one above or below and the end unit location also offers much privacy and serenity. Also included is a convenient inside laundry unit with washer and dryer included and a newer dual pane sliding door that leads to a large private patio. The property includes one garage parking space and storage, and there is plenty of other open parking outside for owners and guests. You will truly appreciate this spectacular Rancho Santa Margarita community, close to top rated schools, restaurants, shopping, and a short walk to the Rancho Santa Margarita Lake & Beach Club (access and membership included). There are also nearby tennis courts and community pools, including a separate pool, spa and children’s play area within Mission Courts II. The complex is FHA and VA approved. This is a beautiful home that is a MUST SEE!

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Open House

2/20/2026 10:30 AM - 1:00 PM
10:30 AM - 1:00 PM
2/22/2026 12:00 PM - 4:00 PM
16 Islay 54 Rancho Santa Margarita, CA
* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm

Condo Active

Price

$ 650,000

Bedrooms

2

Full Bath

2

Half Bath

1

Property Type

Condo

Taxes

$ 0

Style

Lot Size

0.6971

Year Built

1987

Town/City

Rancho Santa Margarita

County/Region

Orange

MLS | Web ID

OC26029217

Days on Market

3

Features
General
Living Area 926
Sewer Public Sewer
Heating Central Fireplace(s) Heat Pump
Cooling Central Air
Utilities Cable Available Electricity Connected Natural Gas Connected Sewer Connected Water Connected
Possession Close Plus 3 Days
Roof Spanish Tile
Appliances Built-In Range Convection Oven Dishwasher Electric Cooktop Electric Oven Electric Range Disposal Gas Water Heater Ice Maker Microwave Range Hood Vented Exhaust Fan Water Heater Dryer Washer
HOA Fee 418
Garage Spaces 1
Patio/Porch Features Enclosed Patio
Architectural Style Mediterranean
Pool Features Heated Association
Security Features Carbon Monoxide Detector(s) Smoke Detector(s)
Construction Materials Drywall Concrete Stucco
Year Built 1987
Electric Electricity - On Property Standard Item220Volts
View Neighborhood
Stories Count 2
Levels Two
Unit Number 54
Property Subtype Condominium
Waterfront Features Lake Privileges
Community Features Biking Curbs Hiking Lake Park Street Lights Suburban Sidewalks
Accessibility None
HOA Fee 2 91
Assoc Fee Paid Per Monthly
County Orange
New Construction false
Property Type Residential
Association Amenities Clubhouse Fitness Center Insurance Maintenance Front Yard Outdoor Cooking Area Barbecue Playground Pool Pets Allowed Spa/Hot Tub Tennis Court(s)
HOA true
Attached Garage false
Contingency None
Subdivision Name Mission Courts (R2) (MC)
Garage Y/N true
Full Baths 2
Special Listing Conditions Standard
Status Active
Directions From 241 exit 19 Right on Santa Margarita PKWY Left on Avenida DE Las Flores Right on Laurel Left on Islay 4th Bldg on Left.
High School Trabucco Hills
City Rancho Santa Margarita
Disclosures Covenants/Restrictions Disclosure HOA Disclosure
Association Name Mission Courts II
Entry Location ground level
Senior Community Y/N false
High School District Saddleback Valley Unified
Open Parking Spaces 2
Number Of Units Total 1
MLS Area R2 - Rancho Santa Margarita Central
Lot Size Units Square Feet
Lot Size Square Feet 30366
Listing Terms Cash Cash to New Loan Conventional FHA Submit VA Loan
Spa Features Association Heated
Elementary School Trabuco Mesa
Property Attached Y/N true
Land Lease Y/N false
Current Financing VA
Middle/Junior High School Rancho Santa Margarita
Property Condition Updated/Remodeled Turnkey
Additional Parcels Y/N false
Lease Considered Y/N false
Virtual Tour https://vimeo.com/1166248806?share=copy&fl=sv&fe=ci https://vimeo.com/1166248806?share=copy&fl=sv&fe=ci
Structure Type House
Living Area Units Square Feet
Standard Status Active
Occupancy Type Owner
Year Built Source Assessor
Tax Lot 3
Property Sub Type Additional Condominium
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Interior
Interior Amenities Breakfast Bar Breakfast Area Ceiling Fan(s) Cathedral Ceiling(s) Granite Counters Pantry Recessed Lighting Storage All Bedrooms Up
Flooring Tile Wood
Fireplace Features Decorative Electric Living Room
Total Stories 2
Common Walls Item1CommonWall
Air Conditioning Y/N true
Heating Y/N true
Window Features Blinds Palladian Window(s)
Fireplace Y/N true
Half Baths 1
Total Bedrooms 2
Entry Level 1
Main Level Bedrooms 0
Main Level Bathrooms 1
Below Grade Finished Area Unit Type Square Feet
Total Baths 3
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Exterior
Fencing Vinyl
Parking Features Assigned Door-Single Garage Garage Door Opener Guest Paved One Space
Lot Features Street Level Walkstreet
Water Source Public
Total Parking 3
Inclusions Refrigerator washer dryer
Lot Size Area 30366
Foundation Details Slab
Spa true
Lot Size Acres 0.6971
Road Surface Type Paved
Private Pool false
Lot Size Source Assessor
Door Features Mirrored Closet Door(s) Sliding Doors
Road Frontage Type City Street
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* Excluded Features
List By
Exp Realty Of California Inc

Broker

kmceniry1@hotmail.com

Email

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Nearby
0 Elementary School
4770140 Middle School
Trabucco Hills High School High School
Pricing History
DatePricePrice ChangeDescription
2/19/2026$650,000 Listed Price

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16 Islay 54, Rancho Santa Margarita, CA, 92688 is a Condo for sale at $650,000 with 926 sqft and a lot size of 0.6971. 16 Islay 54 has 2 bedrooms, 2.1 baths, and was built in 1987. The property's zip code is 92688 which is in Rancho Santa Margarita, CA