Welcome to 39 Grassy Knoll Lane, Rancho Santa Margarita — a thoughtfully designed home perfect for families seeking space, flexibility, and an exceptional community.
This 4-bedroom, 3-bath residence features a highly desirable downstairs bedroom with a full bathroom, ideal for multi-generational living, guests, or a home office. The light-filled floor plan flows seamlessly, with a kitchen that opens to the main living areas—perfect for staying connected during everyday family life and entertaining.
Upstairs bedrooms are generously sized, offering comfort and privacy, while the backyard provides an ideal setting for playtime, barbecues, and making lasting family memories in Southern California’s year-round sunshine.
Families are drawn to Rancho Santa Margarita for its reputation as one of California’s safest cities, abundant parks, trails, pools, and a true sense of community. The home is located within the highly regarded Capistrano Unified School District, a major draw for long-term value and educational excellence.
With its functional layout, rare main-level bedroom and bath, and prime family-friendly location, 39 Grassy Knoll Lane is more than a home—it’s a place to grow and thrive.
This 4-bedroom, 3-bath residence features a highly desirable downstairs bedroom with a full bathroom, ideal for multi-generational living, guests, or a home office. The light-filled floor plan flows seamlessly, with a kitchen that opens to the main living areas—perfect for staying connected during everyday family life and entertaining.
Upstairs bedrooms are generously sized, offering comfort and privacy, while the backyard provides an ideal setting for playtime, barbecues, and making lasting family memories in Southern California’s year-round sunshine.
Families are drawn to Rancho Santa Margarita for its reputation as one of California’s safest cities, abundant parks, trails, pools, and a true sense of community. The home is located within the highly regarded Capistrano Unified School District, a major draw for long-term value and educational excellence.
With its functional layout, rare main-level bedroom and bath, and prime family-friendly location, 39 Grassy Knoll Lane is more than a home—it’s a place to grow and thrive.
Property Details
Price:
$1,450,000
MLS #:
OC26013451
Status:
Active
Beds:
4
Baths:
3
Type:
Single Family
Subtype:
Single Family Residence
Neighborhood:
lflasflores
Listed Date:
Jan 22, 2026
Finished Sq Ft:
1,996
Lot Size:
5,086 sqft / 0.12 acres (approx)
Year Built:
1997
See this Listing
Schools
School District:
Capistrano Unified
Interior
Bathrooms
3 Full Bathrooms
Cooling
CA
Heating
CF, FIR
Laundry Features
IR, DINC, WINC
Exterior
Community Features
SDW, STM, SL, CW, MTN, HIKI
Other Structures
GZ
Parking Spots
4
Financial
HOA Fee
$174
HOA Frequency
MO
Map
Community
- Address39 Grassy Knoll Rancho Santa Margarita CA
- CityRancho Santa Margarita
- CountyOrange
- Zip Code92688
Subdivisions in Rancho Santa Margarita
- Arroyo Vista AV
- Ballantree BALT
- Belflora BLF
- Bella Ventana BVT
- Belterraza BTR
- Brisa del Lago I BD
- Brisa del Lago II BDII
- Cabo Vista CVS
- Cabrillo Vista CAVI
- California Del Sol CDS
- Cantobrio I R1 CB1
- Castile CAST
- Cierra Del Lago CDL
- Corte Melina CM
- Cresta Vista CRV
- Estrella Vista ESV
- Fairway Estates DCFE
- Fairway Ridge DFR
- Fieldstone Classics FLCL
- Granada GRN
- Greystone Arbor GRAR
- Lakeridge DLR
- Las Flores R1 LF
- Las Flores R2 LF
- Laurels DLAU
- Los Abanicos LOSA
- Los Paseos LOPA
- Los Portillos LSP
- Lyon Promenade LYPM
- Mission Courts R1 MC
- Mission Greens R1 MG
- Montana Del Lago MDL
- Montecito MO
- Montilla MNT
- Oaks DOK
- Ranchwood R2 RW
- Sea Country SEAC
- Serabrisa SRB
- Sonoma Court SCT
- Sterling Heights DSH
- Summit Crest DSC
- Terracina TERC
- Tierra Montanosa TIEM
- Tijeras Creek Villas TCV
- Trabuco – Elms THE
- Trabuco – Homestead THH
- Traditions TRAD
- Valle Vista VLV
- Veranda VERA
- Vista Ladera R2 VL
- Warmington Homes DWH
Market Summary
Current real estate data for Single Family in Rancho Santa Margarita as of Feb 02, 2026
62
Single Family Listed
35
Avg DOM
288
Avg $ / SqFt
$619,633
Avg List Price
Property Summary
- 39 Grassy Knoll Rancho Santa Margarita CA is a Single Family for sale in Rancho Santa Margarita, CA, 92688. It is listed for $1,450,000 and features 4 beds, 3 baths, and has approximately 1,996 square feet of living space, and was originally constructed in 1997. The current price per square foot is $726. The average price per square foot for Single Family listings in Rancho Santa Margarita is $288. The average listing price for Single Family in Rancho Santa Margarita is $619,633.
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