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

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.

CondominiumSold

40 Rainwood, Aliso Viejo, CA 92656

  • 2 beds
  • 1 bath
  • 840 sq ft
  • Built 1989
$596,000

MLS# OC25263510

Subdivision Glenwood Village

5 condos sold in the past 12 months · median $645,000

See 5 homes for sale in Glenwood Village

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

DateEventPriceNote
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.

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Selling near 40 Rainwood

Thinking of selling nearby? We bring current Glenwood Village sales data and a clear pricing strategy to every listing, backed by more than 700 closed sales and over $1B in Orange County volume. Start with a free home valuation, or reach out to talk through your options.

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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

AddressClosedPriceSq ftPer sq ftDays 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.

Call (949) 494-8830