
Sold
40 Rainwood sold on March 13, 2026 for $596,000, 0.7% below the $599,900 asking price after 62 days on the market; it was first listed at $624,900. The buyer financed the purchase with a conventional loan. The details are below for reference.

40 Rainwood, Aliso Viejo, CA 92656
- 2 beds
- 1 bath
- 840 sq ft
- Built 1989
Subdivision Glenwood Village
5 condos sold in the past 12 months · median $645,000
The home
About 40 Rainwood
Welcome to this well-maintained upper-level corner-unit condo in the desirable Glenwood Village community of Aliso Viejo. This thoughtfully designed, diligently maintained, and beautifully updated home features 1 bedroom plus a den/office—perfect for working from home and easily convertible into a second bedroom. Recent updates include beautiful Luxury Vinyl Plank (LVP) flooring, a new AC and furnace (2020), Granite Transformations countertops in the kitchen, an updated bathroom, and new R-38 rated attic insulation with a radiant barrier and attic fan to help reduce heating and cooling costs. The unit includes its own private balcony/sitting area with private staircase access. The versatile den/office includes its own sliding door entrance. The dining area and spacious family room feature vaulted ceilings with high accent windows that bring in exceptional natural light, along with a cozy gas fireplace. The combination of soaring ceilings, tall windows, and plantation shutters creates a bright, inviting living space throughout the day. Clean LVP flooring and recessed lighting add a modern touch. The updated kitchen includes stainless steel appliances, Granite Transformations countertops, ample cabinet space, and an efficient layout. Refrigerator is included. Down the hall to the primary bedroom is a separate in-unit laundry area (washer and dryer included) and a full bathroom. The primary bedroom features vaulted ceilings, additional high windows that provide abundant natural light, and a walk-in closet. Surrounded by lush trees, green common areas, parks, and natural open space, this home offers a peaceful setting while still being close to everything. Enjoy quick access to shopping, dining, recreation, and some of Orange County’s best outdoor lifestyle amenities. You’re just a quiet 15-minute drive to Downtown Laguna Beach, 10 minutes to premier hiking and mountain biking trails, and 15 minutes to John Wayne Airport or Newport Beach. Aliso Viejo is also consistently ranked as one of California’s safest cities, making it a truly exceptional place to call home.
Property details for 40 Rainwood
This 2-bedroom, 1-bath condo sits in the Glenwood Village neighborhood of Aliso Viejo in Orange County. It offers 840 square feet of living space. The home was built in 1989. The MLS record lists the assessor parcel number as 939-254-66. Highlights include a community pool and spa, a fireplace, single-story living, an attached one-car garage, central air, and an updated home. 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
- $596,000
- Days On Site
- N/A
- Bedrooms
- 2
- Inside Area (SqFt)
- 840 sqft
- Total Baths
- 1
- Full Baths
- 1
- Partial Baths
- N/A
- Lot Size
- N/A
- Year Built
- 1989
- MLS® Number
- OC25263510
- Status
- Sold
- Property Tax
- N/A
- HOA/Condo/Coop Fees
- $520.7 monthly
- Sq Ft Source
- Estimated
General Features
- Property Type
- Condominium
- MLS Number
- OC25263510
- Year Built
- 1989
- Living Area (sq ft)
- 840
- Living Area Source
- Estimated
- Lot Size (sq ft)
- 113,065
- Lot Size (acres)
- 2.5956
- Levels
- One
- Bedrooms
- 2
- Full Baths
- 1
- Garage Spaces
- 1
- Parking Spaces
- 2
- View
- None
- HOA Dues
- $480
- HOA Frequency
- Monthly
- HOA Name
- Glenwood Village Community Assoc
- Parcel Number
- 93925466
- On Market Date
- 2025-11-29
- Listing Terms
- Standard
Interior Features
- Interior Features
- Ceiling Fans, Granite Counters, Recessed Lighting, Bedroom On Main Level, Main Level Primary, Walk In Closets
- Appliances
- Electric Oven, Electric Range, Disposal, Microwave, Refrigerator, Water Heater, Dryer, Washer
- Flooring
- Vinyl
- Heating
- Central
- Cooling
- Central Air, Attic Fan
- Fireplace
- Gas, Living Room
- Laundry
- Washer Hookup, Inside, Laundry Closet
- Main Level Bedrooms
- 2
- Main Level Bathrooms
- 1
- Entry Level
- 2
- Common Walls
- One Common Wall, No One Above
- Windows
- Shutters
Exterior Features
- Parking
- Door Single, Garage, Garage Door Opener, No Driveway, One Space, Unassigned
- Pool Features
- Community, In Ground, Association
- Spa
- Association, Community, In Ground
- Sewer
- Public Sewer
- Water
- Public
- Utilities
- Cable Connected, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected
- Condition
- Additions Alterations, Updated Remodeled, Turnkey
- Faces
- North
- Units
- 1
Community Features
- Subdivision
- Glenwood Village (GV)
- Community Features
- Biking, Dog Park, Hiking, Suburban, Sidewalks, Pool
- Association Amenities
- Fitness Center, Pool, Spa Hot Tub, Tennis Courts
- Second HOA Dues
- $122.10
- Second HOA Name
- Aliso Viejo Community Assoc
The record
Property History for 40 Rainwood
| Date | Event | Price | Note |
|---|---|---|---|
| Mar 13, 2026 | Sold | $596,000 | |
| Nov 29, 2025 | Listed for sale | $624,900 |
No prior MLS sales on record for this home since 2012.
Next steps
Looking for something similar
40 Rainwood is no longer on the market, but comparable homes come up in Aliso Viejo regularly. We can tell you what this one actually closed at and set up alerts for listings that match it.
Selling near 40 Rainwood
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The neighborhood
About Aliso Viejo
Set in the San Joaquin Hills of south Orange County, Aliso Viejo was developed by the Mission Viejo Company on former Moulton Ranch land and incorporated in 2001 as the county's 34th city. It borders Aliso and Wood Canyons Wilderness Park, includes Soka University of America, and sits within the Capistrano Unified School District.
Glenwood Village home sales, past 12 months
- Homes sold
- 5
- Median price
- $645,000
- Median days on market
- 45
- Median per sq ft
- $726
Recorded MLS closings of condos, Sep 25, 2025 to Sep 25, 2026. Days on market run from listing to going under contract.
Recent Glenwood Village sales
| Address | Closed | Price | Sq ft | Per sq ft | Days on market |
|---|---|---|---|---|---|
| 15 Elmbrook | Sep 25, 2026 | $775,000 | 1,226 | $632 | 84 |
| 58 Rainwood | Jul 15, 2026 | $715,000 | 934 | $766 | 5 |
| 40 Rainwood | Mar 13, 2026 | $596,000 | 840 | $710 | 62 |
| 8 Ashwood | Oct 30, 2025 | $645,000 | 840 | $768 | 45 |
| 8 Summerwood | Oct 6, 2025 | $610,000 | 840 | $726 | 3 |
Schools
Schools for 40 Rainwood
As listed in the MLS record. Confirm attendance boundaries with the school district.
- Elementary
- Oak Grove
- Middle
- Aliso Viejo
- High
- Aliso Niguel
- District
- Capistrano Unified
Living in Aliso Viejo covers its schools, parks and beaches.
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Listed by Richard Bustamante of Real Broker
Listing information updated Mar 13, 2026 at 2:28 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.