$1,010,000
3Beds3Baths1,687SqFt
87 FuenteRancho Santa Margarita, CA 92688Tierra Linda
Sold
31 Cascada sold on May 7, 2026 for $965,000, at the asking price after 12 days on the market. The buyer financed the purchase with a conventional loan. The details are below for reference.
31 Cascada, Rancho Santa Margarita, CA 92688
- 3 beds
- 3 baths
- 1,675 sq ft
- Built 1989
$965,000
Subdivision Tierra Linda
The home
About 31 Cascada
Located in the sought-after Tierra Linda community in the heart of Rancho Santa Margarita, this home offers beautiful hillside views and a highly functional 3 bedroom plus loft floor plan. The layout features one bedroom and full bathroom on the main level and two bedrooms and 2 full bathrooms upstairs, plus a spacious open loft / Flex space. Skylights in both the loft and primary suite bring in abundant natural light, enhancing the bright and airy feel throughout this beautiful home. The open floor plan offers welcoming living and dining spaces anchored by a gas fireplace. Details include sliding glass door leading to the back patio creating seamless indoor-outdoor living, LVP flooring, new carpet, fresh paint.
The expanded and remodeled kitchen showcases new cabinetry with soft close features, quartz countertops, stainless steel farm sink, 5 burner gas stove and oven, recessed lighting, and an large eating nook. The downstairs bedroom also has sliding glass doors with direct access to the backyard patio, is perfect for a home office or guest bedroom and is adjacent to a full bathroom. Step outside to a large, sunny backyard with hillside views and enjoy the perfect weather Rancho Santa Margarita offers.
The primary suite is generously sized and offers a comfortable retreat with a skylight, ceiling fan, a large walk-in closet and a ensuite bathroom showcasing dual vanities, new light fixture, wood cabinetry, and a frameless glass walk-in shower with a new door. The third bedroom offers panoramic hillside views and can easily accommodate a Queen sized bed. An oversized loft / Flex space with large skylights offers endless possibilities: a tv room, a kid space, a craft room - anything you need extra space for.
Additional highlights include a whole house fan, two-car garage, and a recently REPIPED community.
Enjoy being within walking distance to Tijeras Creek Golf Course, along with access to Rancho Santa Margarita’s extensive amenities, including pools, lake access, beach club, tennis courts, pickleball, sports fields, and scenic walking paths. Located in an area served by California Distinguished Schools, shopping, dining, and entertainment and offering low taxes, this property presents a flexible opportunity—ideal as a 3-bedroom starter home, a perfect downsize, or a lock-and-leave residence. An excellent investment in a strong, amenity-rich community and all just a short drive away from the beautiful beaches California is known for. Welcome Home!
Property details for 31 Cascada
This 3-bedroom, 3-bath condo sits in the Tierra Linda neighborhood of Rancho Santa Margarita in Orange County. It offers 1,675 square feet of living space. The home was built in 1989. The MLS record lists the assessor parcel number as 938-080-62. Highlights include canyon and hill views, a community pool and spa, a fireplace, an attached two-car garage, central air, and a turnkey 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
- $965,000
- Days On Site
- N/A
- Bedrooms
- 3
- Inside Area (SqFt)
- 1,675 sqft
- Total Baths
- 3
- Full Baths
- 3
- Partial Baths
- N/A
- Lot Size
- N/A
- Year Built
- 1989
- MLS® Number
- OC26067081
- Status
- Sold
- Property Tax
- N/A
- HOA/Condo/Coop Fees
- $502 monthly
- Sq Ft Source
- N/A
General Features
- Property Type
- Condominium
- MLS Number
- OC26067081
- Year Built
- 1989
- Living Area (sq ft)
- 1,675
- Levels
- Two
- Bedrooms
- 3
- Full Baths
- 3
- Garage Spaces
- 2
- Parking Spaces
- 4
- View
- Canyon, Park Greenbelt, Hills, Neighborhood
- HOA Dues
- $415
- HOA Frequency
- Monthly
- HOA Name
- Tierra Linda
- Parcel Number
- 93808062
- On Market Date
- 2026-03-30
- Listing Terms
- Standard
Interior Features
- Interior Features
- Breakfast Bar, Breakfast Area, Ceiling Fans, Separate Formal Dining Room, High Ceilings, Open Floorplan, Pantry, Quartz Counters, Stone Counters, Recessed Lighting, Two Story Ceilings, Unfurnished, Bedroom On Main Level, Loft, Primary Suite, Walk In Closets
- Appliances
- Convection Oven, Dishwasher, Free Standing Range, Gas Oven, Gas Range, Microwave, Self Cleaning Oven, Vented Exhaust Fan, Water To Refrigerator, Water Heater
- Flooring
- Carpet, Vinyl
- Heating
- Central, Fireplaces
- Cooling
- Central Air, Attic Fan
- Fireplace
- Gas, Living Room
- Laundry
- Electric Dryer Hookup, Gas Dryer Hookup, In Garage
- Main Level Bedrooms
- 1
- Main Level Bathrooms
- 1
- Entry Level
- 1
- Common Walls
- One Common Wall
- Windows
- Screens, Skylights
- Doors
- Sliding Doors
Exterior Features
- Architectural Style
- Traditional
- Roof
- Tile
- Construction
- Stucco
- Foundation
- Slab
- Lot Features
- Back Yard, Cul De Sac, Near Park, On Golf Course, Street Level
- Patio and Porch
- Rear Porch, Concrete, Patio
- Parking
- Concrete, Direct Access, Door Single, Driveway, Garage Faces Front, Garage, Garage Door Opener
- Fencing
- Stucco Wall, Vinyl
- Pool Features
- Association
- Spa
- Association
- Sewer
- Public Sewer
- Water
- Public
- Utilities
- Cable Available, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Phone Available, Sewer Available, Sewer Connected, Water Available, Water Connected
- Condition
- Turnkey
- Units
- 1
Community Features
- Subdivision
- Tierra Linda (TLI)
- Community Features
- Biking, Hiking, Lake, Near National Forest, Preserve Public Land, Storm Drains, Street Lights, Suburban, Sidewalks, Park
- Association Amenities
- Clubhouse, Sport Court, Dog Park, Playground, Pickleball, Pool, Spa Hot Tub, Tennis Courts, Trails
- Security
- Carbon Monoxide Detectors, Smoke Detectors
- Second HOA Dues
- $87
- Second HOA Name
- Samlarc
The record
Property History for 31 Cascada
| Date | Event | Price | Note |
|---|---|---|---|
| May 7, 2026 | Sold | $965,000 | |
| Mar 30, 2026 | Listed for sale | $965,000 | |
| Feb 5, 2016 | Sold | $525,000 | Realty One Group Inc |
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 27, 2025 to Sep 27, 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 31 Cascada
As listed in the MLS record. Confirm attendance boundaries with the school district.
- Elementary
- Arroyo Vista
- High
- Tesoro
- District
- Capistrano Unified
Living in Rancho Santa Margarita covers its schools, parks and beaches.
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Listed by Francisca Rio Fuentes of First Team Real Estate
Listing information updated May 8, 2026 at 11:48 AM 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.