38 Carnation
Rancho Santa Margarita, CA 92688
Listing broker / agent: RE/MAX TerraSol · Erica Johnson · 714-248-2036 · CRMLS
MLS # OC26096131 · Last checked Oct 19, 2026 20:47 UTC
About this property
*Kitchen Cabinets Just Painted* Welcome to 38 Carnation, a beautifully situated end-unit condo in the desirable Mission Greens community of Rancho Santa Margarita. This home offers a spacious, open, and inviting floor plan designed for comfortable everyday living and easy entertaining. The cozy kitchen features a convenient slider that opens directly to a private patio perfect for morning coffee, outdoor dining, or simply relaxing in your own quiet space. Inside, vaulted ceilings create an airy atmosphere while allowing abundant natural light to pour in, enhancing the home’s warm and welcoming feel. Upstairs, you’ll find two generously sized bedrooms along with well-appointed bathrooms, providing ample space for family, guests, or a home office. Living in Mission Greens means enjoying a peaceful, well-maintained neighborhood with lush surroundings and a true sense of community. One of the standout features of this location is its close proximity to Rancho Santa Margarita Lake, just minutes away. Residents can enjoy scenic walking trails, waterfront views, dining, and year-round outdoor activities, making it easy to embrace an active Southern California lifestyle. Conveniently located near shopping centers, restaurants, parks, and major freeways, this home offers the perfect balance of tranquility and accessibility. Whether you’re commuting or staying local, everything you need is within reach. Don’t miss the opportunity to own a bright and charming home in one of Rancho Santa Margarita’s most sought-after communities.
Property details
- MLS number
- OC26096131
- Status
- Active
- Type
- Residential
- Subtype
- Condominium
- Beds / baths
- 3 Beds • 3 Baths
- Living area
- 1,325 Sq Ft
- Lot size
- 0.9931 acres
- County
- Orange
- Year built
- 1986
- Stories
- 2
More property detailsCollapse
Listing
- Days on market
- 164
Building
- Year built
- 1986
- Year built source
- Assessor
- Stories
- 2
- Building stories
- 2
- Levels
- Two
- Entry level
- 1
- Living area source
- Assessor
Bathrooms
- Full bathrooms
- 2
- Half bathrooms
- 1
Rooms & interior
- Main-level bedrooms
- 0
- Main-level bathrooms
- 1
- Rooms
- Bedroom, Dining Room
- Interior features
- Separate Formal Dining Room, High Ceilings, All Bedrooms Up
- Cooling
- Central Air
- Fireplace
- Living Room
- Laundry
- Inside
Exterior & parking
- Total parking spaces
- 2
- Garage spaces
- 2
- Parking
- Garage Faces Front, Garage
- Attached garage
- Yes
- Pool
- Association
- Patio / porch
- Enclosed, Patio
- Lot size source
- Assessor
- Property outlook
- None
Utilities & community
- Water
- Public
- Sewer
- Public Sewer
- Community features
- Biking, Curbs, Dog Park, Near National Forest, Street Lights, Sidewalks
- Association amenities
- Dog Park, Meeting Banquet Party Room, Maintenance Front Yard, Outdoor Cooking Area, Barbecue, Picnic Area, Playground, Pickleball, Pool, Recreation Room, Spa Hot Tub
Fees & lease terms
- Association
- Yes
- Association fee
- $309.00
- Association fee frequency
- Monthly
- Additional association fee
- $89.00
Schools reported in the listing
- High school district
- Saddleback Valley Unified
School information is supplied with the listing. Confirm current attendance boundaries and enrollment eligibility directly with the school district.
Nearby public schools
Nearby does not mean assigned. These are approximate straight-line distances from the property, not walking or driving routes. Confirm attendance boundaries, enrollment eligibility, grades and current school status directly with the district.
| School / district | Grades | Distance |
|---|---|---|
| Trabuco Mesa Elementary Saddleback Valley Unified · Rancho Santa Margarita | K–6 | 0.2 mi |
| Robinson Elementary Saddleback Valley Unified · Trabuco Canyon | K–6 | 0.4 mi |
| Cielo Vista Elementary Saddleback Valley Unified · Rancho Santa Margarita | K–6 | 0.5 mi |
| Rancho Santa Margarita Intermediate Saddleback Valley Unified · Rancho Santa Margarita | 7–8 | 0.8 mi |
| Trabuco Elementary Saddleback Valley Unified · Trabuco Canyon | K–6 | 0.8 mi |
| Melinda Heights Elementary Saddleback Valley Unified · Rancho Santa Margarita | K–6 | 2.1 mi |
| Tijeras Creek Elementary (school website, opens in a new tab) Capistrano Unified · Rancho Santa Margarita | K–5 | 2.1 mi |
| Arroyo Vista Middle (school website, opens in a new tab) Capistrano Unified · Rancho Santa Margarita | 6–8 | 2.8 mi |
Source: California Department of Education · 2025-26 school locations. Downloaded Oct 2, 2026 UTC. This annual snapshot may not reflect later changes. Public schools only; not a complete list of education options. No ratings or attendance assignments are provided.
Check the California School Directory ↗Price and tax history
Asking price
- Current asking price
- $845,000
- MLS-reported original asking price
- $895,000
- MLS-reported previous asking price
- $865,000
- MLS-reported last price change
- 2026-08-27 14:53 UTC
| Observed (UTC) | Asking price |
|---|---|
| Oct 2, 2026 08:46 | $845,000 |
MLS values are reported for this listing, not prior sales. Observation dates show when our importer saw an asking price, not when the MLS changed it. Up to 24 observations are retained; changes between refreshes may be missed. This is not a complete price or sales history.
Property taxes
Tax history is not available from the imported listing data.
Source: MLS feed. Only supplied tax years are shown, up to 10 years; this is not a county tax archive. Amounts may be corrected and taxes may change after purchase. Verify assessments and current taxes with the county. These values do not automatically fill the payment calculator.
Market trends in Rancho Santa Margarita
Active residential homes for sale in Rancho Santa Margarita, CA, available through this website's authorized feed. Includes residential subtypes; excludes rentals. Not the entire market or a valuation of this property.
Observed price activity · past 30 days
22 currently active listings have an observed price-change pair ending in this period. A listing can appear in both counts.
Calculated 2026-10-19 20:55 UTC. Source: this website's authorized MLS inventory. Import progress, freshness rules and coverage affect the figures. Medians exclude missing/invalid values; price per sq ft is the median of individual listing ratios. Price observations are limited to the last 24 per listing and may miss changes between refreshes. This is not a complete 30-day market report, historical inventory trend, appreciation measure, or sold-price analysis.
Payment calculator
Explore a fixed-rate loan scenario. The price comes from this listing; a 20% down payment and 30-year term are starting assumptions, not requirements. Enter your own interest rate—not APR—and estimated costs.
Illustration only—not a rate quote, preapproval, lending offer or affordability determination. Assumes equal monthly payments on a fully amortizing fixed-rate loan; no adjustable rates, interest-only periods or balloon payments. Excludes closing costs, utilities, maintenance, special assessments and other unentered costs. Actual payments and escrow can differ. Review a Loan Estimate with your lender.
Understanding homeownership costs — CFPB ↗