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

For Sale|CondominiumActive

121 Graze, Rancho Mission Viejo, CA 92694

  • 2 beds
  • 3 baths
  • 1,272 sq ft
  • Built 2023

MLS# OC26147885 · Listed Jul 10, 2026 · Price cut $24,000 on Sep 22 · 93 Days On Site

Subdivision Oasis

8 condos sold in the past 12 months · median $805,000

See the 5 other homes for sale

The home

About 121 Graze

MOTIVATED SELLER! Only $725!

This, model-perfect 2-bedroom, 2.5-bath Rienda Village model home features OWNED SOLAR, an owned reverse osmosis system and water softener, plus offers a private gated patio and stunning views.

Property details for 121 Graze

This 2-bedroom, 3-bath condo sits in the Oasis neighborhood of Rancho Mission Viejo in Orange County. It offers 1,272 square feet of living space and is listed at $725,000, about $570 per square foot. The home was built in 2023. The MLS record lists the assessor parcel number as 931-842-54. Highlights include hill and mountain views, a community pool and spa, an attached two-car garage, central air, an updated home, and contemporary 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
$725,000
Days On Site
93 Days
Bedrooms
2
Inside Area (SqFt)
1,272 sqft
Total Baths
3
Full Baths
2
Partial Baths
1
Lot Size
N/A
Year Built
2023
MLS® Number
OC26147885
Status
Active
Property Tax
N/A
HOA/Condo/Coop Fees
$620.33 monthly
Sq Ft Source
Assessor

General Features

Property Type
Condominium
MLS Number
OC26147885
Year Built
2023
Builder
Lennar
Living Area (sq ft)
1,272
Living Area Source
Assessor
Lot Size (sq ft)
113,118
Lot Size (acres)
2.5968
Levels
Three Or More
Bedrooms
2
Full Baths
2
Half Baths
1
Garage Spaces
2
Parking Spaces
2
View
Hills, Mountains, Neighborhood
HOA Dues
$374.33
HOA Frequency
Monthly
HOA Name
Rancho MMC
Parcel Number
93184254
On Market Date
2026-07-10
Listing Terms
Standard

Interior Features

Interior Features
Balcony, Ceiling Fans, Eat In Kitchen, High Ceilings, Multiple Staircases, Open Floorplan, Quartz Counters, Recessed Lighting, Unfurnished, Wired For Sound, All Bedrooms Up, Walk In Closets
Appliances
Dishwasher, Disposal, Gas Oven, High Efficiency Water Heater, Refrigerator, Range Hood, Water Softener, Tankless Water Heater, Water Purifier
Flooring
Carpet, Laminate
Heating
Central
Cooling
Central Air, Energy Star Qualified Equipment
Fireplace
None
Laundry
Inside, Laundry Room, Stacked, Upper Level
Main Level Bathrooms
1
Entry Level
1
Common Walls
Two Common Walls Or More
Windows
Custom Coverings
Rooms
Other, Bathroom, Kitchen, Bedroom

Exterior Features

Architectural Style
Contemporary
Lot Features
Zero To One Unit Acre
Patio and Porch
Covered, Front Porch
Parking
Door Single, Garage, Garage Faces Rear, Tandem
Pool Features
Community, Association
Spa
Association, Community
Sewer
Public Sewer
Water
Public
Condition
Updated Remodeled, Turnkey
Units
1

Community Features

Subdivision
Oasis (OSIS)
Community Features
Biking, Curbs, Dog Park, Park, Street Lights, Suburban, Sidewalks, Pool
Association Amenities
Clubhouse, Sport Court, Dog Park, Fitness Center, Fire Pit, Maintenance Grounds, Meeting Room, Outdoor Cooking Area, Other Courts, Barbecue, Picnic Area, Playground, Pickleball, Pool, Pets Allowed, Spa Hot Tub, Tennis Courts
Second HOA Dues
$246

The record

Property History for 121 Graze

DateEventPriceNote
Sep 22, 2026 Price reduced $725,000 From $749,000
Jul 24, 2026 Price reduced $749,000 From $810,000
Jul 10, 2026 Status changed to Active From Coming Soon
Jul 10, 2026 Listed for sale $810,000

No prior MLS sales on record for this home since 2012.

Cost of ownership

Estimated monthly payment

7.28% · 30-yr fixed
$
$6,546/mo
10% down · 30-year fixed · $72,500 down
Principal & interest$4,464
Mortgage insurance (est., over 80% LTV)$272
Property tax (est. 1.62%)$979
Home insurance (rough est., varies widely)$211
HOA from listing$620
$5,778/mo
20% down · 30-year fixed · $145,000 down
Principal & interest$3,968
Property tax (est. 1.62%)$979
Home insurance (rough est., varies widely)$211
HOA from listing$620
$5,282/mo
30% down · 30-year fixed · $217,500 down
Principal & interest$3,472
Property tax (est. 1.62%)$979
Home insurance (rough est., varies widely)$211
HOA from listing$620
Estimated carrying cost
$1,810/mo
All cash · taxes and insurance only
Principal & interestNone (cash purchase)
Property tax (est. 1.62%)$979
Home insurance (rough est., varies widely)$211
HOA from listing$620

Estimate only, not a loan offer or quote. Principal and interest use the Freddie Mac 30-year fixed average of 7.28% (week of Oct 1, 2026); your rate will differ. Tax and insurance are modelled, not billed amounts; tax uses a typical Rancho Mission Viejo rate including a typical Mello-Roos allowance. Verify all figures. Full assumptions and disclosures.

Next steps

Buying 121 Graze

Want to see 121 Graze in person? We have guided buyers through Oasis and the wider Rancho Mission Viejo market since 1983. Call to arrange a private tour, or send a note and we'll follow up.

Call (949) 494-8830

Selling near 121 Graze

Thinking of selling nearby? We bring current Oasis 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 Mission Viejo

Rancho Mission Viejo is a master-planned ranch community in South Orange County, bordered by San Juan Capistrano, San Clemente, Ladera Ranch, and the Cleveland National Forest. Built on a historic working cattle ranch and anchored by the nearly 17,000-acre Reserve at Rancho Mission Viejo, its villages of Sendero, Esencia, and Rienda sit within the Capistrano Unified School District.

Oasis home sales, past 12 months

Homes sold
8
Median price
$805,000
Median days on market
44
Median per sq ft
$568

Recorded MLS closings of condos, Oct 4, 2025 to Oct 4, 2026. Days on market run from listing to going under contract.

Price per square foot against recent Oasis sales

This home, asking 12-month median Recent sales, listed below

At $570 per square foot, this home's asking price is close to the Oasis median of $568 for condos that closed in the past 12 months.

Recent Oasis sales

AddressClosedPriceSq ftPer sq ftDays on market
231 Equine Way Sep 23, 2026 $775,000 1,490 $520 31
141 Graze Way Sep 15, 2026 $890,000 1,661 $536 72
131 Graze Way May 6, 2026 $825,000 1,272 $649 21
112 Juniper Drive Mar 5, 2026 $595,000 977 $609 41
20 Wisteria Street Feb 13, 2026 $800,000 1,272 $629 0

Schools

Schools for 121 Graze

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

High
Tesoro
District
Capistrano Unified

Living in Rancho Mission Viejo covers its schools, parks and beaches.

Nearby listings

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Listed by Melissa Sorensen of Compass

Listing information updated Oct 11, 2026 at 4:16 PM PT. Source: CRMLS.

Call (949) 494-8830