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For sale
  • Listed by: Inhabit Collective • Joey Leisz • Contact: 949-573-0143
    Price cut: $10K (5/27)
    $1,040,000

    28 Cascada, Rancho Santa Margarita, CA 92688

    3beds
    1,678sqft
    : 
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    Townhouse
    Built in 1991
    3,468 Square Feet Lot
    $1,031,300 Zestimate®
    $620/sqft
    $502/mo HOA

    What's special

    Two driveway parking spacesQuiet cul-de-sacLight-filled residenceStainless steel appliancesGranite countertopsWhite shaker cabinetryPeaceful golf course views
    Situated on the Tijeras Creek Golf Course within the sought-after Tierra Linda community of Rancho Santa Margarita, this light-filled residence offers a thoughtful blend of comfort, function, and everyday ease. Positioned on a quiet cul-de-sac, the home features 3 bedrooms and 2.5 bathrooms, including a main-level bedroom with direct backyard access and a nearby bath, ideal for guests, a home office, or flexible living. The main living spaces are designed with an open, connected flow, where natural light moves easily throughout. Updated vinyl flooring carries across the main level, while sliding doors extend the living space outdoors to a private patio with artificial turf and room for both dining and lounging, all set against peaceful golf course views. The kitchen is both functional and inviting, appointed with granite countertops, white shaker cabinetry, and stainless steel appliances. It opens seamlessly to the dining and living areas, creating a natural setting for gathering and daily living. Upstairs, the primary suite offers a quiet retreat with fairway views, a dual-sink quartz vanity, and a walk-in shower. A secondary bedroom with its own full bath provides privacy and comfort, while a spacious loft offers versatility for a home office, media space, or play area. Additional highlights include a two-car garage with built-in storage and two driveway parking spaces. Residents of Tierra Linda enjoy access to Rancho Santa Margarita’s extensive amenities, including parks, pools, trails, Tijeras Creek Golf Course, and the lake and beach club, along with access to Tesoro High School and Arroyo Vista Elementary. A home that balances openness, flexibility, and a connection to its surroundings, offering a lifestyle rooted in both comfort and community.
    102 days
    |
    289
    |
    15
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Joey Leisz DRE #02015519 949-573-0143,

    Inhabit Collective,

    Casey De La O DRE #01384390 949-291-5570,

    Pacific Pointe Management Grp

    Source: CRMLS,MLS#: OC26064725MLS LogoOriginating MLS: California Regional MLS

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 3
      • Full bathrooms: 2
      • 1/2 bathrooms: 1
      • Main level bathrooms: 1
      Rooms
      • Room types: Living Room
      Heating
      • Central
      Cooling
      • Central Air
      Appliances
      • Laundry: In Garage
      Features
      • Has fireplace: Yes
      • Fireplace features: Family Room
      • Common walls with other units/homes: 1 Common Wall
      Interior area
      • Total interior livable area: 1,678 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: Garage - Attached
      • Attached garage spaces: 2
      Features
      • Levels: Two
      • Stories: 2
      • Entry location: front
      • Pool features: Association
      • Has view: Yes
      • View description: Golf Course, Neighborhood
      Lot
      • Size: 3,468 Square Feet
      Details
      • Parcel number: 93808036
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: Townhouse
      • Property subtype: Townhouse
      • Attached to another structure: Yes
      Condition
      • New construction: No
      • Year built: 1991

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Features: Curbs, Sidewalks
      • Subdivision: Tierra Linda (Tli)
      HOA
      • Has HOA: Yes
      • Amenities included: Picnic Area, Playground, Pickleball, Pool, Spa/Hot Tub
      • HOA fee: $415 monthly
      • HOA name: Tierra Linda
      • HOA phone: 949-855-1800
      • Second HOA fee: $87 monthly
      • Second HOA name: Samlarc
      • Second HOA phone: 949-448-6000
      Location
      • Region: Rancho Santa Margarita

      Financial & listing details

      • Price per square foot: $620/sqft
      • Tax assessed value: $480,112
      • Annual tax amount: $4,902
      • Date on market: 3/25/2026
      • Cumulative days on market: 103 days
      • Listing terms: Cash,Cash to New Loan,Conventional

        Estimated market value

        $1,031,300

        $980,000 - $1.08M

        $4,148/mo

        Price history

        DateEventPrice
        5/27/2026Price change$1,040,000-1%$620/sqft
        Source: CRMLS #OC26064725 Report a problem
        4/24/2026Price change$1,050,000-6.7%$626/sqft
        Source: CRMLS #OC26064725 Report a problem
        3/25/2026Listed for sale$1,125,000+28025%$670/sqft
        Source: CRMLS #OC26064725 Report a problem
        12/15/2023Sold$4,000-98.8%$2/sqft
        Source: Agent Provided Report a problem
        12/3/2023Listing removed--
        Source: Zillow Rentals Report a problem
        10/18/2023Listed for rent$4,200$3/sqft
        Source: Zillow Rentals Report a problem
        3/28/2002Sold$325,000+29%$194/sqft
        Source: Public Record Report a problem
        6/28/1999Sold$252,000$150/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$4,902 +1.9%$480,112 +2%
        2024$4,810 +2.3%$470,699 +2%
        2023$4,703 +1.9%$461,470 +2%
        2022$4,615 +12.9%$452,422 +2%
        2021$4,089 -8.9%$443,551 +1%
        2020$4,487 $439,003 +2%
        2019$4,487 -8.2%$430,396 +2%
        2018$4,889 +0.9%$421,957 +2%
        2017$4,846 $413,684 +2%
        2016$4,846 -5.8%$405,573 +1.5%
        2015$5,145 +2.1%$399,481 +2%
        2014$5,037 $391,656 +0.5%
        2013-- $389,886 +2%
        2012-- $382,242 +2%
        2011-- $374,748 +0.8%
        2010-- $371,948 -0.2%
        2009-- $372,833 +2%
        2008-- $365,523 +2%
        2007-- $358,356 +2%
        2006-- $351,330 +2%
        2005-- $344,442 +2%
        2004-- $337,689 +1.9%
        2003-- $331,500 +24%
        2002-- $267,423 +2%
        2001$4,711 +0.2%$262,180 +2%
        2000$4,702 $257,040

        Find assessor info on the county website

        Monthly payment

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        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 92688

        Getting around

        18 / 100
        Car-Dependent
        24 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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