Experience the beauty of this former MODEL HOME located in the award-winning master-planned community of Oasis at Rienda in Rancho Mission Viejo. Prime Location set back off the sidewalk and within walking distance to Boulder Pond and offering beautiful views of the Saddleback Mountains, this completely upgraded, move in ready solar-powered residence features 2 bedrooms, 2.5 bathrooms, and exceptional designer finishes throughout.
Built in 2023, the warm and inviting entry into the gated patio welcomes you inside the home with gorgeous luxury vinyl plank (LVP) flooring. The first level also provides access to the attached two-car tandem garage, which features an optional, customized office space with an insulated wall partition and custom door—offering a creative and functional use of space for today's work-from-home lifestyle.
The second level showcases a bright, open-concept floor plan designed for both everyday living and entertaining. The beautifully upgraded kitchen features white shaker cabinetry with custom hardware, soft-close pull-out organizers in every drawer, a large center island with seating, surround sound speakers, upgraded smart switches, and seamless flow into the spacious living and dining areas. A large sliding glass door opens to an expansive private balcony, creating the perfect indoor-outdoor living experience while capturing scenic Saddleback Mountain views.
The third level features two spacious ensuite bedrooms, each appointed with custom window coverings and ceiling fans for comfort and style.
Additional premium upgrades include owned solar, epoxy garage flooring, a heavy-duty overhead storage rack, a 220-volt outlet for EV charging, a premium water softener, reverse osmosis water filtration system, custom accent walls in the bathrooms and bedrooms, and numerous thoughtful designer touches throughout.
Enjoy all that Rancho Mission Viejo has to offer, including resort-style pools, fitness centers, parks, scenic trails, community farms, playgrounds, and year-round community events—all just moments from your front door.
For sale
Listed by: Compass • Melissa Sorensen • Contact: 949-244-3992
Price cut: $61K (7/24)
$749,000
121 Graze Way, Ladera Ranch, CA 92694
2beds
1,272sqft
Condominium
Built in 2023
-- sqft lot
$745,200 Zestimate®
$589/sqft
$620/mo HOA
What's special
- 51 days
- 374
- 28
Zillow last checked:
Listing updated:
Listed by:
Melissa Sorensen DRE #02008375 949-244-3992,
Compass
Source: CRMLS,MLS#: OC26147885
Originating MLS: California Regional MLS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
- Main level bathrooms: 1
Rooms
- Room types: Bedroom, Other
Bedroom
- Features: All Bedrooms Up
Bathroom
- Features: Bathtub, Dual Sinks, Remodeled, Upgraded
Kitchen
- Features: Kitchen Island, Kitchen/Family Room Combo, Quartz Counters, Remodeled, Self-closing Drawers, Updated Kitchen
Other
- Features: Walk-In Closet(s)
Heating
- Central
Cooling
- Central Air, ENERGY STAR Qualified Equipment
Appliances
- Included: Dishwasher, Disposal, Gas Oven, High Efficiency Water Heater, Refrigerator, Range Hood, Water Softener, Tankless Water Heater, Water Purifier
- Laundry: Inside, Laundry Room, Stacked, Upper Level
Features
- Balcony, Ceiling Fan(s), Eat-in Kitchen, High Ceilings, Multiple Staircases, Open Floorplan, Quartz Counters, Recessed Lighting, Unfurnished, Wired for Sound, All Bedrooms Up, Walk-In Closet(s)
- Flooring: Carpet, Laminate
- Windows: Custom Covering(s)
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total interior livable area: 1,272 sqft
Property
Parking
- Total spaces: 2
- Parking features: Door-Single, Garage, Garage Faces Rear, Tandem
- Attached garage spaces: 2
Features
- Levels: Three Or More
- Stories: 3
- Entry location: 1
- Patio & porch: Covered, Front Porch
- Pool features: Community, Association
- Has spa: Yes
- Spa features: Association, Community
- Has view: Yes
- View description: Hills, Mountain(s), Neighborhood
Lot
- Size: 2.6 Acres
- Features: 0-1 Unit/Acre
Details
- Parcel number: 93184254
- Special conditions: Standard
Construction
Type & style
- Home type: Condo
- Architectural style: Contemporary
- Property subtype: Condominium
- Attached to another structure: Yes
Condition
- Updated/Remodeled,Turnkey
- New construction: No
- Year built: 2023
Details
- Builder name: Lennar
Utilities & green energy
- Electric: 220 Volts in Garage
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Biking, Curbs, Dog Park, Park, Street Lights, Suburban, Sidewalks, Pool
- Subdivision: Oasis (Osis)
HOA
- Has HOA: Yes
- Amenities included: 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 Court(s)
- HOA fee: $374 monthly
- HOA name: Rancho MMC
- HOA phone: 949-625-6500
- Second HOA fee: $246 monthly
Location
- Region: Ladera Ranch
Financial & listing details
- Price per square foot: $589/sqft
- Date on market: 7/10/2026
- Cumulative days on market: 51 days
- Listing terms: Cash,Conventional,Contract,Cal Vet Loan,1031 Exchange
Estimated market value
$745,200
$708,000 - $782,000
$4,580/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/24/2026 | Price change | $749,000-7.5%$589/sqft |
Source: | ||
| 7/10/2026 | Listed for sale | $810,000$637/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 92694
Nearby schools
Schools provided by the listing agent
- High: Tesoro
Source: CRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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