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.
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.
Property Details
Price:
$1,099,000
MLS #:
OC25250723
Status:
Active
Beds:
3
Baths:
3
Type:
Condo
Subtype:
Condominium
Subdivision:
Ballantree BALT
Neighborhood:
r1
Listed Date:
Nov 3, 2025
Finished Sq Ft:
1,857
Lot Size:
84,702 sqft / 1.94 acres (approx)
Year Built:
1997
See this Listing
Schools
School District:
Saddleback Valley Unified
Elementary School:
Melinda Heights
Middle School:
Rancho Santa Margarita
High School:
Trabucco Hills
Interior
Appliances
DW, GD, MW, GR
Bathrooms
2 Full Bathrooms, 1 Half Bathroom
Cooling
CA
Flooring
TILE, CARP
Heating
CF
Laundry Features
IN
Exterior
Community Features
SDW, SL
Parking Spots
2
Roof
TLE
Financial
HOA Fee
$117
HOA Fee 2
$71
HOA Frequency
MO
Map
Community
- Address10 Palacio Lot 2 Rancho Santa Margarita CA
- SubdivisionBallantree (BALT)
- CityRancho Santa Margarita
- CountyOrange
- Zip Code92688
Subdivisions in Rancho Santa Margarita
- Alicante ALI
- Arroyo Oaks AO
- Arroyo Vista AV
- Ballantree BALT
- Belterraza BTR
- Brighton Glen BG
- Brisa del Lago I BD
- Brisa del Lago II BDII
- Candelero CAN
- Castile CAST
- Cierra Del Lago CDL
- Corazon CORZ
- Corte Melina CM
- Cresta Vista CRV
- El Caserio R2 EC
- Estrella Vista ESV
- Fairway Estates DCFE
- Fiesta FIES
- Granada GRN
- Greystone Arbor GRAR
- Lakeridge DLR
- Las Flores R1 LF
- Las Flores R2 LF
- Laurels DLAU
- Los Abanicos LOSA
- Los Paseos LOPA
- Magnolia MAGN
- Mallorca MALL
- Marbella MB
- Mission Courts R1 MC
- Mission Courts R2 MC
- Mission Greens R1 MG
- Montana Del Lago MDL
- Montilla MNT
- Paragon PAR
- Ranchwood R2 RW
- Sea Country SEAC
- Serabrisa SRB
- Sonoma Court SCT
- Sterling Heights DSH
- Summit Crest DSC
- Terracina TERC
- The Meadows TM
- Tierra Montanosa TIEM
- Tijeras Creek Villas TCV
- Trabuco – Elms THE
- Trabuco – Homestead THH
- Trabuco – Springs THS
- Valle Vista VLV
- Vista Ladera R2 VL
- Warmington Homes DWH
Market Summary
Current real estate data for Condo in Rancho Santa Margarita as of Nov 26, 2025
28
Condo Listed
37
Avg DOM
706
Avg $ / SqFt
$696,689
Avg List Price
Property Summary
- Located in the Ballantree (BALT) subdivision, 10 Palacio Lot 2 Rancho Santa Margarita CA is a Condo for sale in Rancho Santa Margarita, CA, 92688. It is listed for $1,099,000 and features 3 beds, 3 baths, and has approximately 1,857 square feet of living space, and was originally constructed in 1997. The current price per square foot is $592. The average price per square foot for Condo listings in Rancho Santa Margarita is $706. The average listing price for Condo in Rancho Santa Margarita is $696,689.
Similar Listings Nearby
Courtesy of Coldwell Banker Realty. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2025. California Regional Multiple Listing Service. All rights reserved.10 Palacio Lot 2
Rancho Santa Margarita, CA