$1,099,000
4Beds3Baths1,603SqFt
237 Montana del Lago DriveRancho Santa Margarita, CA 92688Montana del Lago
Sold
10 Palacio sold on January 20, 2026 for $975,000, 11.3% below the $1,099,000 asking price after 45 days on the market. The buyer financed the purchase. The details are below for reference.
10 Palacio, Rancho Santa Margarita, CA 92688
- 3 beds
- 3 baths
- 1,857 sq ft
- Built 1997
$975,000
Subdivision Ballantree
The home
About 10 Palacio
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.
Property details for 10 Palacio
This 3-bedroom, 3-bath condo sits in the Ballantree neighborhood of Rancho Santa Margarita in Orange County. It offers 1,857 square feet of living space. The home was built in 1997. The MLS record lists the assessor parcel number as 930-274-76. Highlights include a community pool and spa, a fireplace, an attached two-car garage, 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
- $975,000
- Days On Site
- N/A
- Bedrooms
- 3
- Inside Area (SqFt)
- 1,857 sqft
- Total Baths
- 3
- Full Baths
- 2
- Partial Baths
- 1
- Lot Size
- N/A
- Year Built
- 1997
- MLS® Number
- OC25250723
- Status
- Sold
- Property Tax
- N/A
- HOA/Condo/Coop Fees
- $188 monthly
- Sq Ft Source
- Assessor
General Features
- Property Type
- Condominium
- MLS Number
- OC25250723
- Year Built
- 1997
- Living Area (sq ft)
- 1,857
- Living Area Source
- Assessor
- Lot Size (sq ft)
- 84,702
- Lot Size (acres)
- 1.9445
- Levels
- Two
- Bedrooms
- 3
- Full Baths
- 2
- Half Baths
- 1
- Garage Spaces
- 2
- Parking Spaces
- 2
- View
- None
- HOA Dues
- $117
- HOA Frequency
- Monthly
- HOA Name
- Ballantree
- Parcel Number
- 93027476
- On Market Date
- 2025-11-03
- Listing Terms
- Standard
Interior Features
- Interior Features
- All Bedrooms Up, Primary Suite
- Appliances
- Dishwasher, Disposal, Gas Range, Microwave
- Flooring
- Carpet, Tile
- Heating
- Central
- Cooling
- Central Air
- Fireplace
- Family Room
- Laundry
- Inside
- Main Level Bathrooms
- 1
- Entry Level
- 1
- Common Walls
- No Common Walls
Exterior Features
- Roof
- Tile
- Lot Features
- Back Yard, Corner Lot, Cul De Sac
- Patio and Porch
- Concrete
- Parking
- Driveway, Garage
- Pool Features
- Community, Association
- Spa
- Community
- Sewer
- Public Sewer
- Water
- Public
- Units
- 1
Community Features
- Subdivision
- Ballantree (BALT)
- Community Features
- Street Lights, Sidewalks, Pool
- Association Amenities
- Picnic Area, Playground, Pool, Spa Hot Tub
- Second HOA Dues
- $71
- Second HOA Name
- Samlarc
The record
Property History for 10 Palacio
| Date | Event | Price | Note |
|---|---|---|---|
| Jan 20, 2026 | Sold | $975,000 | |
| Nov 3, 2025 | Listed for sale | $1,099,000 |
Next steps
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The neighborhood
About Rancho Santa Margarita
Rancho Santa Margarita is a master-planned Orange County community in the foothills of the Santa Ana Mountains, bordered to the east by the Cleveland National Forest and centered on the man-made Lago Santa Margarita. Adjacent O'Neill Regional Park spans thousands of acres of oak-shaded canyon habitat, and the city is served by the Saddleback Valley Unified and Capistrano Unified school districts.
Rancho Santa Margarita home sales, past 12 months
- Homes sold
- 165
- Median price
- $657,500
- Median days on market
- 27
- Median per sq ft
- $640
Recorded MLS closings of condos, Sep 26, 2025 to Sep 26, 2026. Days on market run from listing to going under contract.
Recent Rancho Santa Margarita sales
| Address | Closed | Price | Sq ft | Per sq ft | Days on market |
|---|---|---|---|---|---|
| 2 Carmesi | Sep 22, 2026 | $625,000 | 1,049 | $596 | 26 |
| 110 Timbre | Sep 21, 2026 | $586,000 | 990 | $592 | 9 |
| 7 Silktassel | Sep 18, 2026 | $448,000 | 781 | $574 | 167 |
| 59 Via Cordoba | Sep 16, 2026 | $705,000 | 1,318 | $535 | 48 |
| 37 Via Lavendera | Sep 16, 2026 | $516,000 | 804 | $642 | 18 |
Schools
Schools for 10 Palacio
As listed in the MLS record. Confirm attendance boundaries with the school district.
- Elementary
- Melinda Heights
- Middle
- Rancho Santa Margarita
- High
- Trabucco Hills
- District
- Saddleback Valley Unified
Living in Rancho Santa Margarita covers its schools, parks and beaches.
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Listed by Mac Mackenzie of Coldwell Banker Realty
Listing information updated Jan 20, 2026 at 1:12 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.