
Sold
81 Mercantile Way sold on November 21, 2025 for $1,200,000, 2% below the $1,224,900 asking price after 119 days on the market; it was first listed at $1,274,900. The buyer financed the purchase. The details are below for reference.

81 Mercantile Way, Ladera Ranch, CA 92694
- 4 beds
- 3 baths
- 1,860 sq ft
- 2,705 sq ft lot
- Built 2001
Subdivision The Gables
The home
About 81 Mercantile Way
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!
Property details for 81 Mercantile Way
This 4-bedroom, 3-bath single-family home sits in the Gables neighborhood of Ladera Ranch in Orange County. It offers 1,860 square feet of living space. The home was built in 2001. The MLS record lists the assessor parcel number as 759-461-45. Highlights include city lights and mountain views, a community pool and spa, a fireplace, an attached two-car garage, a 2,705-square-foot lot, and central air. The detail sections on this page cover interior and exterior features, estimated taxes, HOA dues where they apply, and the map location.
Specifications
Home Details
At a glance
- Price
- $1,200,000
- Days On Site
- N/A
- Bedrooms
- 4
- Inside Area (SqFt)
- 1,860 sqft
- Total Baths
- 3
- Full Baths
- 2
- Partial Baths
- 1
- Lot Size
- 2,705 SqFt
- Year Built
- 2001
- MLS® Number
- OC25136867
- Status
- Sold
- Property Tax
- N/A
- HOA/Condo/Coop Fees
- $362 monthly
- Sq Ft Source
- Assessor
General Features
- Property Type
- Single Family Residence
- MLS Number
- OC25136867
- Year Built
- 2001
- Living Area (sq ft)
- 1,860
- Living Area Source
- Assessor
- Lot Size (sq ft)
- 2,704
- Lot Size (acres)
- 0.0621
- Levels
- Two
- Bedrooms
- 4
- Full Baths
- 2
- Half Baths
- 1
- Garage Spaces
- 2
- Parking Spaces
- 2
- View
- City Lights, Mountains, Valley
- HOA Dues
- $362
- HOA Frequency
- Monthly
- HOA Name
- LARMAC
- Parcel Number
- 75946145
- On Market Date
- 2025-06-19
- Listing Terms
- Standard
Interior Features
- Interior Features
- Balcony, Breakfast Area, Ceiling Fans, Separate Formal Dining Room, Quartz Counters, Recessed Lighting, All Bedrooms Up, Primary Suite, Walk In Closets
- Heating
- Forced Air
- Cooling
- Central Air
- Fireplace
- Family Room
- Laundry
- Laundry Room
- Main Level Bathrooms
- 1
- Entry Level
- 1
- Common Walls
- No Common Walls
Exterior Features
- Foundation
- Slab
- Lot Features
- Back Yard, Yard
- Patio and Porch
- Covered, Front Porch
- Parking
- Direct Access, Garage
- Pool Features
- Association
- Spa
- Association
- Sewer
- Public Sewer
- Water
- Public
- Units
- 1
Community Features
- Subdivision
- The Gables (GABL)
- Community Features
- Curbs, Gutters, Storm Drains, Street Lights, Sidewalks
- Association Amenities
- Clubhouse, Sport Court, Fire Pit, Outdoor Cooking Area, Other Courts, Barbecue, Picnic Area, Playground, Pool, Spa Hot Tub, Tennis Courts, Trails
The record
Property History for 81 Mercantile Way
| Date | Event | Price | Note |
|---|---|---|---|
| Nov 21, 2025 | Sold | $1,200,000 | |
| Jun 19, 2025 | Listed for sale | $1,274,900 |
No prior MLS sales on record for this home since 2012.
Next steps
Looking for something similar
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Selling near 81 Mercantile Way
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The neighborhood
About Ladera Ranch
Ladera Ranch is a master-planned community in Orange County, bordered by Mission Viejo, San Juan Capistrano, and Rancho Santa Margarita, built from 1999 on the former Rancho Mission Viejo cattle ranch. Its nine villages, including Avendale, Terramor, and gated Covenant Hills, sit within Capistrano Unified School District, linked by parks and trails reaching toward Doheny Beach.
Ladera Ranch home sales, past 12 months
- Homes sold
- 145
- Median price
- $1,840,000
- Median days on market
- 12
- Median per sq ft
- $691
Recorded MLS closings of single-family homes, Sep 26, 2025 to Sep 26, 2026. Days on market run from listing to going under contract.
Recent Ladera Ranch sales
| Address | Closed | Price | Sq ft | Per sq ft | Days on market |
|---|---|---|---|---|---|
| 9 Hanoverian | Sep 23, 2026 | $2,035,000 | 3,161 | $644 | 49 |
| 63 Tuberose Street | Sep 21, 2026 | $1,655,000 | 2,694 | $614 | 76 |
| 17 Oatfield Farm | Sep 18, 2026 | $1,210,000 | 1,804 | $671 | 84 |
| 18 Mission Ridge Road | Sep 16, 2026 | $6,100,000 | 6,360 | $959 | 165 |
| 33 Wyndham Street | Sep 11, 2026 | $2,500,000 | 3,432 | $728 | 10 |
Schools
School District for 81 Mercantile Way
As listed in the MLS record. Confirm attendance boundaries with the school district.
The MLS record lists the school district as Capistrano Unified.
Living in Ladera Ranch covers its schools, parks and beaches.
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Listed by Tim Wolter of Ladera Realty
Listing information updated Nov 21, 2025 at 9:52 PM PT. Source: CRMLS.
This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.