16 Islay #54
Rancho Santa Margarita, CA, 92688
$650,000
2 Beds
3 Baths
926 SqFt
0.7 Acres
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MLS #OC26029217 image #0
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!

Property Details

Price:
$650,000
MLS #:
OC26029217
Status:
Active
Beds:
2
Baths:
3
Type:
Condo
Subtype:
Condominium
Subdivision:
Mission Courts R2 MC
Neighborhood:
r2ranchosantamargaritacentral
Listed Date:
Feb 21, 2026
Finished Sq Ft:
926
Lot Size:
30,366 sqft / 0.70 acres (approx)
Year Built:
1987
MediterraneanWaterfrontLakefrontR2 – Rancho Santa Margarita CentralR2ranchosantamargaritacentralMission Courts R2 McSaddleback Valley UnifiedTrabuco MesaRancho Santa MargaritaTrabucco HillsNeighborhood

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Schools

School District:
Saddleback Valley Unified
Elementary School:
Trabuco Mesa
Middle School:
Rancho Santa Margarita
High School:
Trabucco Hills

Interior

Appliances
DW, GD, IM, MW, ES, BIR, EO, ER, CO, GWH, HOD, VEF, WHU
Bathrooms
2 Full Bathrooms, 1 Half Bathroom
Cooling
CA
Flooring
TILE, WOOD
Heating
HP, CF, FIR
Laundry Features
DINC, WINC

Exterior

Architectural Style
MED
Community Features
SDW, SL, SUB, CRB, LAKE, PARK, HIKI, BIKI
Construction Materials
STC, CON, DWAL
Parking Spots
3
Roof
SPT
Security Features
SD, COD

Financial

HOA Fee
$418
HOA Fee 2
$91
HOA Frequency
MO

Map

Community

Market Summary

Current real estate data for Condo in Rancho Santa Margarita as of Feb 22, 2026
31
Condo Listed
47
Avg DOM
689
Avg $ / SqFt
$628,395
Avg List Price

Property Summary

    Located in the Mission Courts (R2) (MC) subdivision, 16 Islay #54 Rancho Santa Margarita CA is a Condo for sale in Rancho Santa Margarita, CA, 92688. It is listed for $650,000 and features 2 beds, 3 baths, and has approximately 926 square feet of living space, and was originally constructed in 1987. The current price per square foot is $702. The average price per square foot for Condo listings in Rancho Santa Margarita is $689. The average listing price for Condo in Rancho Santa Margarita is $628,395.

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16 Islay #54
Rancho Santa Margarita, CA