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!
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!
Property Details
Price:
$965,000
MLS #:
OC26067081
Status:
Active
Beds:
3
Baths:
3
Type:
Condo
Subtype:
Condominium
Subdivision:
Tierra Linda TLI
Neighborhood:
r2ranchosantamargaritacentral
Listed Date:
Apr 3, 2026
Finished Sq Ft:
1,675
Year Built:
1989
See this Listing
Schools
School District:
Capistrano Unified
Elementary School:
Arroyo Vista
High School:
Tesoro
Interior
Appliances
DW, MW, WLR, GO, GR, FSR, CO, SCO, VEF, WHU
Bathrooms
3 Full Bathrooms
Cooling
CA
Flooring
VINY, CARP
Heating
CF, FIR
Interior Features
AF, CF, RECL, STNC, UFRN, OFP, PTRY, TSCE, HCEL, QTZC
Laundry Features
GE, IG
Levels
U
Main Level Bathrooms
1
Main Level Bedrooms
1
Exterior
Architectural Style
TRD
Attached Garage YN
1
Common Walls
_1CW
Community Features
SDW, STM, SL, SUB, BLM, PSV, LAKE, HIKI, BIKI
Construction Materials
STC
Fencing
ST, VNL
Garage Spaces
2
Parking Spots
4
Parking Total
4
Patio And Porch Features
CON, PTO, POR
Roof
TLE
Security Features
SD, COD
Spa Features
AS
View
CN, HI, PK, NE
Waterfront Features
LR
Window Features
SCR, SK
Financial
HOA Fee
$415
HOA Fee 2
$87
HOA Fee 2 Frequency
MO
HOA Fee Frequency
MO
Map
Community
- Address31 Cascada Rancho Santa Margarita CA
- SubdivisionTierra Linda (TLI)
- 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 Condo in Rancho Santa Margarita as of Apr 04, 2026
28
Condo Listed
49
Avg DOM
691
Avg $ / SqFt
$649,343
Avg List Price
Property Summary
- Located in the Tierra Linda (TLI) subdivision, 31 Cascada Rancho Santa Margarita CA is a Condo for sale in Rancho Santa Margarita, CA, 92688. It is listed for $965,000 and features 3 beds, 3 baths, and has approximately 1,675 square feet of living space, and was originally constructed in 1989. The current price per square foot is $576. The average price per square foot for Condo listings in Rancho Santa Margarita is $691. The average listing price for Condo in Rancho Santa Margarita is $649,343.
Similar Listings Nearby
31 Cascada
Rancho Santa Margarita, CA


