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

Sold

16 Islay 54 sold on April 8, 2026 for $650,000, at the asking price after 15 days on the market. The buyer financed the purchase with a conventional loan. The details are below for reference.

CondominiumSold

16 Islay 54, Rancho Santa Margarita, CA 92688

  • 2 beds
  • 3 baths
  • 926 sq ft
  • Built 1987
$650,000

MLS# OC26029217

Subdivision Mission Courts (R2)

11 condos sold in the past 12 months · median $570,000

See 4 homes for sale in Mission Courts (R2)

The home

About 16 Islay 54

Welcome to this beautifully remodeled luxury condo in a superb end-unit location of the Mission Courts II community. Stroll into this turnkey home with incredible ambiance, vaulted ceilings upstairs and downstairs, custom and recessed lighting throughout. The heart of the home features a Chef’s dream kitchen showcasing high-end JENN-AIR appliances, convection/microwave oven, induction cooktop, granite counters, and solid cherry wood cabinets, and the inside of the condo has brand new paint and lighting, custom blinds, Ilva premium Argentinian porcelain tile downstairs and engineered wood flooring upstairs. The condo also includes a newer Heating and Air conditioning system and a custom black glass remote fireplace with lighting in the living room. When you wander upstairs you will be led to two very spacious bedrooms, both with en-suite bathrooms, large closet spaces and scenic community views. There is no one above or below and the end unit location also offers much privacy and serenity. Also included is a convenient inside laundry unit with washer and dryer included and a newer dual pane sliding door that leads to a large private patio. The property includes one garage parking space and storage, and there is plenty of other open parking outside for owners and guests. You will truly appreciate this spectacular Rancho Santa Margarita community, close to top rated schools, restaurants, shopping, and a short walk to the Rancho Santa Margarita Lake & Beach Club (access and membership included). There are also nearby tennis courts and community pools, including a separate pool, spa and children’s play area within Mission Courts II. This is a beautiful home that is a MUST SEE!

Property details for 16 Islay 54

This 2-bedroom, 3-bath condo sits in the Mission Courts (R2) neighborhood of Rancho Santa Margarita in Orange County. It offers 926 square feet of living space. The home was built in 1987. The MLS record lists the assessor parcel number as 933-750-21. Highlights include a community pool and spa, a fireplace, a one-car garage, central air, an updated home, and Mediterranean architecture. 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
$650,000
Days On Site
N/A
Bedrooms
2
Inside Area (SqFt)
926 sqft
Total Baths
3
Full Baths
2
Partial Baths
1
Lot Size
N/A
Year Built
1987
MLS® Number
OC26029217
Status
Sold
Property Tax
N/A
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Assessor

General Features

Property Type
Condominium
MLS Number
OC26029217
Year Built
1987
Living Area (sq ft)
926
Living Area Source
Assessor
Lot Size (sq ft)
30,366
Lot Size (acres)
0.6971
Levels
Two
Bedrooms
2
Full Baths
2
Half Baths
1
Garage Spaces
1
Parking Spaces
3
View
Neighborhood
HOA Dues
$478
HOA Frequency
Monthly
HOA Name
Mission Courts II
Parcel Number
93375021
On Market Date
2026-02-19
Listing Terms
Standard

Interior Features

Interior Features
Breakfast Bar, Breakfast Area, Ceiling Fans, Cathedral Ceilings, Granite Counters, Pantry, Recessed Lighting, Storage, All Bedrooms Up
Appliances
Built In Range, Convection Oven, Dishwasher, Electric Cooktop, Electric Oven, Electric Range, Disposal, Gas Water Heater, Ice Maker, Microwave, Range Hood, Vented Exhaust Fan, Water Heater, Dryer, Washer
Flooring
Tile, Wood
Heating
Central, Fireplaces, Heat Pump
Cooling
Central Air
Fireplace
Decorative, Electric, Living Room
Main Level Bathrooms
1
Entry Level
1
Common Walls
One Common Wall
Windows
Blinds, Palladian Windows
Doors
Mirrored Closet Doors, Sliding Doors
Accessibility
None

Exterior Features

Architectural Style
Mediterranean
Roof
Spanish Tile
Construction
Drywall, Concrete, Stucco
Foundation
Slab
Lot Features
Street Level, Walkstreet
Patio and Porch
Enclosed, Patio
Parking
Assigned, Door Single, Garage, Garage Door Opener, Guest, Paved, One Space
Fencing
Vinyl
Pool Features
Heated, Association
Spa
Association, Heated
Sewer
Public Sewer
Water
Public
Utilities
Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Condition
Updated Remodeled, Turnkey
Units
1

Community Features

Subdivision
Mission Courts (R2) (MC)
Community Features
Biking, Curbs, Hiking, Lake, Park, Street Lights, Suburban, Sidewalks
Association Amenities
Clubhouse, Fitness Center, Insurance, Maintenance Front Yard, Outdoor Cooking Area, Barbecue, Playground, Pool, Pets Allowed, Spa Hot Tub, Tennis Courts
Security
Carbon Monoxide Detectors, Smoke Detectors
Second HOA Dues
$91
Second HOA Name
Samlarc

The record

Property History for 16 Islay 54

DateEventPriceNote
Apr 8, 2026 Sold $650,000
Feb 19, 2026 Listed for sale $650,000

Next steps

Looking for something similar

16 Islay 54 is no longer on the market, but comparable homes come up in Rancho Santa Margarita regularly. We can tell you what this one actually closed at and set up alerts for listings that match it.

Browse Rancho Santa Margarita homes for saleCall (949) 494-8830

Selling near 16 Islay 54

Thinking of selling nearby? We bring current Mission Courts (R2) 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.

Free home valuation

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.

Mission Courts (R2) home sales, past 12 months

Homes sold
11
Median price
$570,000
Median days on market
26
Median per sq ft
$654

Recorded MLS closings of condos, Sep 27, 2025 to Sep 27, 2026. Days on market run from listing to going under contract.

Recent Mission Courts (R2) sales

AddressClosedPriceSq ftPer sq ftDays on market
7 Silktassel Sep 18, 2026 $448,000 781 $574 167
13 Milkwood 111 Aug 14, 2026 $668,000 926 $721 66
16 Buckthorn Aug 14, 2026 $620,000 926 $670 26
17 Via Honrado Aug 14, 2026 $599,000 939 $638 6
49 Via Honrado Jul 31, 2026 $410,000 700 $586 115

Schools

Schools for 16 Islay 54

As listed in the MLS record. Confirm attendance boundaries with the school district.

Elementary
Trabuco Mesa
Middle
Rancho Santa Margarita
High
Trabucco Hills
District
Saddleback Valley Unified

Living in Rancho Santa Margarita covers its schools, parks and beaches.

Nearby listings

Similar Homes for Sale in Rancho Santa Margarita

Just listed

Newest Rancho Santa Margarita Homes for Sale

  • 31 Calle Melinda$1,150,000 · 3 bd · 3 ba · 1,758 sq ft · Marbella · Listed Oct 3
  • 17 Monticello Lane$1,050,000 · 4 bd · 3 ba · 1,597 sq ft · Cabrillo Vista
  • 2 Dianthus$699,900 · 2 bd · 2 ba · 1,024 sq ft · Brisa del Lago II
  • 11 Calle Del Mar$1,399,000 · 5 bd · 4 ba · 1,913 sq ft · Lyon Promenade
  • 4 Velarde Court$1,200,000 · 3 bd · 3 ba · 1,857 sq ft · Cabrillo Vista · Listed Oct 1
  • 24 Via Gatillo$1,249,000 · 3 bd · 3 ba · 2,018 sq ft · Buena Vista · Listed Oct 1
  • 9 Brisa Ribera$550,000 · 2 bd · 1 ba · 918 sq ft · Listed Oct 1
  • 33 Fuente$899,999 · 3 bd · 3 ba · 1,777 sq ft · Tierra Linda · Listed Oct 1
Listing alerts

Be first to see new Rancho Santa Margarita listings

What criteria are you looking for?

New Rancho Santa Margarita homes by email, often before they reach the big portals.

saved

Looking to
Cities (Rancho Santa Margarita is locked in)
Rancho Santa Margarita ✓

You are all set.

Listed by Karen McEniry of eXp Realty of California Inc

Listing information updated Apr 10, 2026 at 8:51 PM PT. Source: CRMLS.

Call (949) 494-8830