REALATRENDS REAL ESTATE SERVICES, INC 949·494·8830
REALATRENDS

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.

Single Family ResidenceSold

81 Mercantile Way, Ladera Ranch, CA 92694

  • 4 beds
  • 3 baths
  • 1,860 sq ft
  • 2,705 sq ft lot
  • Built 2001
$1,200,000

MLS# OC25136867

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

DateEventPriceNote
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

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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

AddressClosedPriceSq ftPer sq ftDays 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.

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