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81 Mercantile WayLadera Ranch, CA 92694

For Sale

$1,224,900

Smart Buyer Rebate $12,249

Welcome to 81 Mercantile Way in Ladera Ranch — a rare END-LOT detached home in the highly desirable Gables community. This upgraded Plan 3 model offers 1860 sq ft, 4 bedrooms, 2.5 baths, a remodeled kitchen, full PEX Re-Pipe, oversized 2 car garage, covered front porch with room to relax, balcony off primary, ideal layout with open circular flow on the main level and all 4 bedrooms upstairs, and an unbeatable Ladera location offering a rare walkable lifestyle with easy access to shops, restaurants, coffee, groceries, gym, schools, parks and pools. The premium END-LOT location is a game changer and makes the home unique in the community—with no neighbor bordering the side yard the outdoor space is greatly enhanced. The remodeled kitchen features Caesarstone quartz countertops, full-height marble backsplash, farmhouse sink, newer stainless steel Maytag appliances, bar seating, and a sunlit breakfast nook with bay window. Flooring has been upgraded throughout with laminate upstairs and downstairs, and solid oak hardwood stairs with white risers and custom banister. The open-concept living space includes a family room with cozy fireplace with custom surround & mantel flanked by original builder-installed window sidelights. French doors lead to a private side yard and covered patio with gas hookup—perfect for BBQs or firepit. Unique to this lot, there’s no neighbor on this side, offering extra privacy, sunlight, breezes, and unique openness. The oversized 2-car garage features high ceilings, epoxy floor, windows, and custom storage. Upstairs, all 4 bedrooms offer ceiling fans and junction boxes. Convenient 2nd-floor laundry room with newer washer and dryer which are both included. The primary suite includes a private balcony with foothill views, custom barn door to the en-suite bath with a generous walk-in closet, Corian counters, dual sinks, soaking tub and separate shower. One bedroom currently configured as office and downstairs powder room includes custom wall paneling. Enjoy a rare walkable lifestyle with easy access to the Mercantile Shops, Oslo Coffee, Ten Mile Brewing, Rancho Capistrano Winery, Trader Joe’s, Franco’s, Lucky Strike Bowling, gyms, parks, pools, Concerts/Movies in the park at Town Green and the Sunday Farmers Market & 4th of July Fireworks at Founders Park. Just a short walk to highly-rated Chaparral Elementary & Ladera Ranch Middle School. Original owner with great pride of ownership, come see this special home in an unbeatable location!

Listed by Tim Wolter

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License #01384317

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Ladera Realty

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949-338-3767

Listed by Jeffrey Wolter

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License #01738192

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Ladera Realty

Last updated September 04, 2025

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Source: CRMLS #OC25136867

Listing Facts

  • TypeSingle-family
  • NeighborhoodTownship Village
  • Bedrooms4
  • Bathrooms2.5
  • Days on Prevu83
  • HOA/Maint. Fees$362/month
  • Size1,860 sqft
  • Price per sqft$659

Amenities

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

Location

Mortgage Calculator

Listing History

09/09/2025
Status changed to Active
$1,224,900
09/08/2025
Status changed to Removed from Feed
$1,224,900
09/07/2025
Status changed to Active
$1,224,900
09/05/2025
Status changed to Removed from Feed
$1,224,900
09/04/2025
Status changed to Active
$1,224,900
09/04/2025
Status changed to Removed from Feed
$1,224,900
08/20/2025
Price Decreased
$1,224,900
07/16/2025
Price Decreased
$1,249,900
06/28/2025
Status changed to Active
$1,274,900
06/27/2025
Status changed to Removed from Feed
$1,274,900
06/19/2025
Listed by Ladera Realty
$1,274,900

Property Details for 81 Mercantile Way

Association

Amenities

  • Association Amenities: Clubhouse, Sport Court, Fire Pit, Outdoor Cooking Area, Other Courts, Barbecue, Picnic Area, Playground, Pool, Spa/Hot Tub, Tennis Court(s), Trail(s)
  • Community Features: Curbs, Gutter(s), Storm Drain(s), Street Lights, Sidewalks

Fees

  • Association Fee: $362.00 Monthly

General

  • Association Name: LARMAC

Exterior

Construction

  • Number Of Units Total: 1
  • Stories: 2
  • Stories Total: 2
  • Structure Type: House
  • Year Built: 2001
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Entry Location: 1

Features

  • Patio And Porch Features: Covered, Front Porch
  • Pool Features: Association
  • Road Frontage Type: City Street
  • View: City Lights, Mountain(s), Valley

Measurements

  • Lot Features: Back Yard, Yard
  • Lot Size Acres: 0.06
  • Lot Size Area: 2,704
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 2,704
  • Lot Size Units: Square Feet

Financial

Taxes

  • Parcel Number: 75946145

Interior

Features

  • Fireplace Features: Family Room
  • Fireplace: Yes
  • Interior Features: Balcony, Breakfast Area, Ceiling Fan(s), Separate/Formal Dining Room, Quartz Counters, Recessed Lighting, All Bedrooms Up, Primary Suite, Walk-In Closet(s)
  • Spa Features: Association
  • Spa: Yes

Measurements

  • Living Area: 1,860
  • Living Area Source: Assessor
  • Living Area Units: Square Feet

Rooms

  • Bathrooms Full: 2
  • Bathrooms Half: 1
  • Bathrooms Total Integer: 3
  • Bedrooms Total: 4
  • Main Level Bathrooms: 1

Other

Location

  • Subdivision Name: The Gables (GABL)
  • Tax Lot: 56

Parking

Parking

  • Attached Garage: Yes
  • Garage Spaces: 2
  • Garage: Yes
  • Parking Features: Direct Access, Garage
  • Parking Total: 2

Schools

High School

  • High School District: Capistrano Unified

Utilities

Equipment

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

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.