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10 PalacioRancho Santa Margarita, CA 92688

For Sale

$1,099,000

Smart Buyer Rebate $10,990

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.

Listed by Mac Mackenzie

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License #01038710

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Coldwell Banker Realty

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949-278-2379

Listed by David Cannon

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License #01329802

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Coldwell Banker Realty

Last updated November 04, 2025

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Source: CRMLS #OC25250723

Listing Facts

  • TypeCondo
  • NeighborhoodRancho Trabuco
  • Bedrooms3
  • Bathrooms2.5
  • Days on Prevu37
  • HOA/Maint. Fees$117/month
  • Size1,857 sqft
  • Price per sqft$592

Amenities

  • Dishwasher
  • Private Outdoor Space
  • Air Conditioning
  • Parking
  • Swimming Pool

Location

Mortgage Calculator

Listing History

11/03/2025
Listed by Coldwell Banker Realty
$1,099,000

Property Details for 10 Palacio

Association

Amenities

  • Association Amenities: Picnic Area, Playground, Pool, Spa/Hot Tub
  • Community Features: Street Lights, Sidewalks, Pool

Fees

  • Association Fee: $117.00 Monthly
  • Association Fee 2: $71.00 Monthly

General

  • Association Name: Ballantree
  • Number Of Units In Community: 100

Exterior

Construction

  • Number Of Units Total: 1
  • Roof: Tile
  • Stories: 2
  • Stories Total: 2
  • Structure Type: House
  • Year Built: 1997
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Entry Location: 1

Features

  • Patio And Porch Features: Concrete
  • Pool Features: Community, Association

Measurements

  • Lot Features: Back Yard, Corner Lot, Cul-De-Sac
  • Lot Size Acres: 1.94
  • Lot Size Area: 84,702
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 84,702
  • Lot Size Units: Square Feet

Financial

Taxes

  • Parcel Number: 93027476

Interior

Features

  • Appliances: Dishwasher, Disposal, Gas Range, Microwave
  • Fireplace Features: Family Room
  • Fireplace: Yes
  • Flooring: Carpet, Tile
  • Interior Features: All Bedrooms Up, Primary Suite
  • Spa Features: Community
  • Spa: Yes

Measurements

  • Living Area: 1,857
  • Living Area Source: Assessor
  • Living Area Units: Square Feet

Rooms

  • Bathrooms Full: 2
  • Bathrooms Half: 1
  • Bathrooms Total Integer: 3
  • Bedrooms Total: 3
  • Main Level Bathrooms: 1

Other

Location

  • Subdivision Name: Ballantree (BALT)
  • Tax Lot: 2

Parking

Parking

  • Attached Garage: Yes
  • Garage Spaces: 2
  • Garage: Yes
  • Parking Features: Driveway, Garage
  • Parking Total: 2

Schools

Elementary School

  • Elementary School: Melinda Heights

High School

  • High School: Trabucco Hills
  • High School District: Saddleback Valley Unified

Middle or Junior School

  • Middle Or Junior School: Rancho Santa Margarita

Utilities

Equipment

  • Cooling: Central Air
  • Has Cooling: Yes
  • Heating: Central
  • Has Heating: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Frequently Asked Questions

How many bedrooms and bathrooms does this condo have?

There are 3 bedrooms and 2.5 bathrooms in this condo at 10 Palacio.

What schools are nearby to 10 Palacio?

Nearby schools include the Melinda Heights Elementary School, Rancho Santa Margarita Middle School, and Trabucco Hills High School.

Does this condo have parking?

Yes, there are 2 parking spaces available for 10 Palacio.

How does 10 Palacio compare to other condos in Rancho Trabuco?

This condo is listed 26% above the average price for condos in Rancho Trabuco and has been on the market for 6 less days than the typical home in this area.

What building or home owners association is the condo part of?

This condo is part of the Ballantree home owners association.

What is the square footage on this condo?

According to the MLS, this listing is 1,857 sqft.

10 Palacio is a 3-bedroom, 2.5-bath condo for sale in Rancho Santa Margarita CA 92688. Listed on Prevu for 37 days at $1,099,000. This residence features 1,857 square feet of living space, located in Rancho Trabuco. The median listing price for condos in this area is $899,990. Nearby schools include Melinda Heights Elementary School, Rancho Santa Margarita Middle School, and Trabucco Hills High School. Additional amenities include private outdoor space, dishwasher, air conditioning, parking, and swimming pool. Browse more condo listings in Orange County.

Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.