31 Cascada Rancho Santa Margarita, CA $ 965,000
31 Cascada
$ 965,000
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Open House 4/4 1pm - 4pm
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31 Cascada

Rancho Santa Margarita, CA, 92688
$ 965,000
Bedrooms3 Baths3.0 Sq 1,675

Monthly Estimate*

$ 5,942

Listed by First Team Real Estate
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Condo for sale in Rancho Santa Margarita, CA

for $965,000 with 3 bedrooms and 3 full baths. This 1,675 square foot condo was built in 1989.

Located in the sought-after Tierra Linda community in the heart of Rancho Santa Margarita, this home offers beautiful hillside views and a highly functional 3 bedroom plus loft floor plan. The layout features one bedroom and full bathroom on the main level and two bedrooms and 2 full bathrooms upstairs, plus a spacious open loft / Flex space. Skylights in both the loft and primary suite bring in abundant natural light, enhancing the bright and airy feel throughout this beautiful home. The open floor plan offers welcoming living and dining spaces anchored by a gas fireplace. Details include sliding glass door leading to the back patio creating seamless indoor-outdoor living, LVP flooring, new carpet, fresh paint. The expanded and remodeled kitchen showcases new cabinetry with soft close features, quartz countertops, stainless steel farm sink, 5 burner gas stove and oven, recessed lighting, and an large eating nook. The downstairs bedroom also has sliding glass doors with direct access to the backyard patio, is perfect for a home office or guest bedroom and is adjacent to a full bathroom. Step outside to a large, sunny backyard with hillside views and enjoy the perfect weather Rancho Santa Margarita offers. The primary suite is generously sized and offers a comfortable retreat with a skylight, ceiling fan, a large walk-in closet and a ensuite bathroom showcasing dual vanities, new light fixture, wood cabinetry, and a frameless glass walk-in shower with a new door. The third bedroom offers panoramic hillside views and can easily accommodate a Queen sized bed. An oversized loft / Flex space with large skylights offers endless possibilities: a tv room, a kid space, a craft room - anything you need extra space for. Additional highlights include a whole house fan, two-car garage, and a recently REPIPED community. Enjoy being within walking distance to Tijeras Creek Golf Course, along with access to Rancho Santa Margarita’s extensive amenities, including pools, lake access, beach club, tennis courts, pickleball, sports fields, and scenic walking paths. Located in an area served by California Distinguished Schools, shopping, dining, and entertainment and offering low taxes, this property presents a flexible opportunity—ideal as a 3-bedroom starter home, a perfect downsize, or a lock-and-leave residence. An excellent investment in a strong, amenity-rich community and all just a short drive away from the beautiful beaches California is known for. Welcome Home!

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Open House

4/4/2026 1:00 PM - 4:00 PM
31 Cascada 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

$ 965,000

Bedrooms

3

Full Bath

3

Property Type

Condo

Taxes

$ 0

Style

Year Built

1989

Town/City

Rancho Santa Margarita

County/Region

Orange

MLS | Web ID

OC26067081

Days on Market

2

Features
General
Living Area 1675
Sewer Public Sewer
Heating Central Fireplace(s)
Cooling Central Air Attic Fan
Utilities Cable Available Electricity Available Electricity Connected Natural Gas Available Natural Gas Connected Phone Available Sewer Available Sewer Connected Water Available Water Connected
Roof Tile
Appliances Convection Oven Dishwasher Free-Standing Range Gas Oven Gas Range Microwave Self Cleaning Oven Vented Exhaust Fan Water To Refrigerator Water Heater
HOA Fee 415
Garage Spaces 2
Patio/Porch Features Rear Porch Concrete Patio
Architectural Style Traditional
Pool Features Association
Security Features Carbon Monoxide Detector(s) Smoke Detector(s)
Construction Materials Stucco
Year Built 1989
Electric Electricity - On Property 220 Volts in Kitchen 220 Volts in Laundry
View Canyon Park/Greenbelt Hills Neighborhood
Stories Count 2
Levels Two
Property Subtype Condominium
Waterfront Features Lake Privileges
Community Features Biking Hiking Lake Near National Forest Preserve/Public Land Storm Drain(s) Street Lights Suburban Sidewalks Park
HOA Fee 2 87
Assoc Fee Paid Per Monthly
County Orange
New Construction false
Property Type Residential
Association Amenities Clubhouse Sport Court Dog Park Playground Pickleball Pool Spa/Hot Tub Tennis Court(s) Trail(s)
HOA true
Attached Garage true
Contingency None
Subdivision Name Tierra Linda (TLI)
Garage Y/N true
Full Baths 3
Special Listing Conditions Standard
Status Active
Directions Antonio Parkway L on Banderas L on Arroyo Vista to Cascada
High School Tesoro
City Rancho Santa Margarita
Disclosures Covenants/Restrictions Disclosure HOA Disclosure
Association Name Tierra Linda
Entry Location 1
Senior Community Y/N false
High School District Capistrano Unified
Open Parking Spaces 2
Number Of Units Total 1
MLS Area R2 - Rancho Santa Margarita Central
Lot Size Units Square Feet
Listing Terms Cash Cash to New Loan Conventional 1031 Exchange
Spa Features Association
HOA Fee 2 Frequency Monthly
Elementary School Arroyo Vista
Property Attached Y/N true
Land Lease Y/N false
Property Condition Turnkey
Additional Parcels Y/N false
Lease Considered Y/N false
Virtual Tour https://31cascada.com/idx https://31Cascada.com/
Structure Type House
Living Area Units Square Feet
Standard Status Active
Occupancy Type Owner
Year Built Source Assessor
Tax Lot 6
Property Sub Type Additional Condominium
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Interior
Interior Amenities Breakfast Bar Breakfast Area Ceiling Fan(s) Separate/Formal Dining Room High Ceilings Open Floorplan Pantry Quartz Counters Stone Counters Recessed Lighting Two Story Ceilings Unfurnished Bedroom on Main Level Loft Primary Suite Walk-In Closet(s)
Flooring Carpet Vinyl
Fireplace Features Gas Living Room
Total Stories 2
Common Walls 1 Common Wall
Air Conditioning Y/N true
Heating Y/N true
Window Features Screens Skylight(s)
Fireplace Y/N true
Laundry Features Electric Dryer Hookup Gas Dryer Hookup In Garage
Total Bedrooms 3
Entry Level 1
Main Level Bedrooms 1
Main Level Bathrooms 1
Total Baths 3
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Exterior
Fencing Stucco Wall Vinyl
Parking Features Concrete Direct Access Door-Single Driveway Garage Faces Front Garage Garage Door Opener
Lot Features Back Yard Cul-De-Sac Near Park On Golf Course Street Level
Water Source Public
Total Parking 4
Foundation Details Slab
Spa true
Road Surface Type Paved
Private Pool false
Lot Size Source Assessor
Door Features Sliding Doors
Road Frontage Type Private Road
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* Excluded Features
List By
First Team Real Estate

Broker

frankie@frankierio.com

Email

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Nearby
0 Elementary School
0 Middle School
Tesoro High School High School
Pricing History
DatePricePrice ChangeDescription
3/30/2026$965,000 Listed Price

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31 Cascada, Rancho Santa Margarita, CA, 92688 is a Condo for sale at $965,000 with 1,675 sqft. 31 Cascada has 3 bedrooms, 3.0 baths, and was built in 1989. The property's zip code is 92688 which is in Rancho Santa Margarita, CA