Nestled at the end of a double cul-de-sac in the highly sought-after Las Flores community of Rancho Santa Margarita, this warm, inviting, move-in-ready 5-bedroom, 2.5-bath home offers flexible living space with rich hardwood floors, solid wood cabinetry, and updated finishes throughout.
From the moment you enter, elevated ceilings and a distinctive octagonal tray ceiling detail set the tone for the charm and elegance found throughout. The bright, inviting open-concept kitchen and family room feature granite counters, a beautiful mosaic backsplash, and picturesque views of the backyard oasis and lush greenbelt. A downstairs bedroom provides ideal flex space for a home office or guest room.
Upstairs, the primary suite is a true retreat with a private balcony, an updated bath with separate soaker tub and shower, dual sinks, and generous closet space. Three additional bedrooms share an updated hall bath with shower and dual sinks, and the laundry room is conveniently located on the same level.
Your private backyard oasis features a spa, built-in BBQ with counter seating, fire feature, and plenty of room to entertain on your own sunny slope under the California sky.
Thoughtfully upgraded throughout, this home includes a whole-house PEX repipe, an American Standard Platinum heating and cooling system with updated ductwork and heat pump, and an EV-ready garage with an electric vehicle charger. The prepaid solar lease transfers to the new owner — no monthly payments, with service and maintenance included — providing energy efficiency and long-term savings.
Located in the heart of Las Flores, you're just moments from resort-style community amenities including a Jr. Olympic-sized pool, spa, splash pad, playgrounds, and scenic hiking and biking trails. Residents also enjoy pickleball, tennis, and sport courts, plus year-round community events. A dedicated community path leads directly to top-rated Las Flores TK–8, complete with a newly approved crossing guard at Meandering Trail. Award-winning Tesoro High School is just about a mile away.
Welcome home.
Sold for $1,550,000
Listing Provided by: Berkshire Hathaway HomeService
Bought with: Real Broker
$1,550,000
38 Sunny Slope, Rancho Santa Margarita, CA 92688
5beds
2,434sqft
Single Family Residence
Built in 1995
5,752 Square Feet Lot
$1,550,800 Zestimate®
$637/sqft
$6,247 Estimated rent
Home value
$1,550,800
$1.44M - $1.67M
$6,247/mo
Zestimate® history
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List your homeWhat's special
Private backyard oasisFlexible living spaceUpdated finishes throughoutGenerous closet spaceBeautiful mosaic backsplashSolid wood cabinetryElevated ceilings
Zillow last checked:
Listing updated:
Listing Provided by:
Kristina Nagel DRE #02044103 949.482.0073,
Berkshire Hathaway HomeService
Bought with:
Kaylyn Floryan, DRE #01941843
Real Broker
Source: CRMLS,MLS#: OC26078270
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 1
Bedroom
- Features: Bedroom on Main Level
Bathroom
- Features: Walk-In Shower
Kitchen
- Features: Granite Counters, Kitchen Island
Other
- Features: Walk-In Closet(s)
Heating
- Central, Fireplace(s), Heat Pump
Cooling
- Central Air, Heat Pump
Appliances
- Included: Electric Range, Gas Oven, Gas Range, Microwave, Refrigerator, Dryer, Washer
- Laundry: Laundry Room, Upper Level
Features
- Breakfast Bar, Balcony, Breakfast Area, Ceiling Fan(s), Cathedral Ceiling(s), Separate/Formal Dining Room, Eat-in Kitchen, Granite Counters, High Ceilings, Open Floorplan, Storage, Bedroom on Main Level, Primary Suite, Walk-In Closet(s)
- Flooring: Carpet, Tile, Wood
- Windows: Double Pane Windows
- Has fireplace: Yes
- Fireplace features: Family Room
- Common walls with other units/homes: No Common Walls
Interior area
- Total interior livable area: 2,434 sqft
Property
Parking
- Total spaces: 4
- Parking features: Direct Access, Garage, Paved, On Street
- Attached garage spaces: 2
- Uncovered spaces: 2
Features
- Levels: Two
- Stories: 2
- Entry location: 1
- Patio & porch: Rear Porch, Covered, Front Porch, Patio
- Pool features: Association, Community
- Has spa: Yes
- Spa features: Association, Community, Private
- Fencing: Stucco Wall,Wrought Iron
- Has view: Yes
- View description: Park/Greenbelt
Lot
- Size: 5,752 sqft
- Dimensions: 5752
- Features: Back Yard, Cul-De-Sac, Front Yard, Garden, Greenbelt, Sprinklers In Rear, Sprinklers In Front, Lawn, Landscaped, Trees, Yard
Details
- Additional structures: Shed(s)
- Parcel number: 78015125
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Mediterranean,Traditional
- Property subtype: Single Family Residence
Materials
- Frame, Concrete, Stucco
- Foundation: Slab
- Roof: Concrete
Condition
- New construction: No
- Year built: 1995
Utilities & green energy
- Electric: 220 Volts in Garage, Photovoltaics Third-Party Owned, Standard
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Green energy
- Energy efficient items: HVAC, Windows
- Energy generation: Solar
Community & neighborhood
Security
- Security features: Carbon Monoxide Detector(s), Firewall(s), Smoke Detector(s)
Community
- Community features: Biking, Curbs, Hiking, Storm Drain(s), Street Lights, Suburban, Sidewalks, Pool
Location
- Region: Rancho Santa Margarita
- Subdivision: Greystone Arbor (Grar)
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $174 monthly
- Amenities included: Fire Pit, Outdoor Cooking Area, Barbecue, Picnic Area, Pickleball, Spa/Hot Tub
- Association name: Las Flores Maintenance Corporation
- Association phone: 800-428-5588
Other
Other facts
- Listing terms: Cash to New Loan
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 6/15/2026 | Sold | $1,550,000+5.1%$637/sqft |
Source:  CRMLS #OC26078270 Report a problem | ||
| 5/1/2026 | Contingent | $1,475,000$606/sqft |
Source: CRMLS #OC26078270 Report a problem | ||
| 4/17/2026 | Listed for sale | $1,475,000+158.8%$606/sqft |
Source: CRMLS #OC26078270 Report a problem | ||
| 8/19/2003 | Sold | $570,000+8.8%$234/sqft |
Source: Public Record Report a problem | ||
| 4/8/2003 | Sold | $524,000+107.9%$215/sqft |
Source: Public Record Report a problem | ||
| 9/12/1997 | Sold | $252,000$104/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8,636 +2% | $853,489 +2% |
| 2024 | $8,470 +2.3% | $836,754 +2% |
| 2023 | $8,281 +1.9% | $820,348 +2% |
| 2022 | $8,123 -10.6% | $804,263 +2% |
| 2021 | $9,083 -0.8% | $788,494 +1% |
| 2020 | $9,157 | $780,409 +2% |
| 2019 | $9,157 -8.2% | $765,107 +2% |
| 2018 | $9,972 -3.8% | $750,105 +2% |
| 2017 | $10,366 | $735,398 +4.2% |
| 2016 | $10,366 +1.4% | $705,979 +1.5% |
| 2015 | $10,225 | $695,375 +12.7% |
| 2008 | -- | $616,985 +2% |
| 2007 | -- | $604,888 +2% |
| 2006 | -- | $593,028 +2% |
| 2005 | -- | $581,400 +2% |
| 2004 | -- | $570,000 +105.2% |
| 2003 | -- | $277,825 +2% |
| 2002 | -- | $272,378 +2% |
| 2001 | $4,824 +2.2% | $267,038 +2% |
| 2000 | $4,721 | $261,802 |
Find assessor info on the county website
Neighborhood: Las Flores
Nearby schools
GreatSchools rating
- 10/10Las Flores Elementary SchoolGrades: K-5Distance: 0.4 mi
- 8/10Las Flores Middle SchoolGrades: 6-8Distance: 0.3 mi
- 9/10Tesoro High SchoolGrades: 9-12Distance: 0.8 mi
Schools provided by the listing agent
- Elementary: Las Flores
- Middle: Las Flores
- 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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Estimated market value
$1,550,800
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Estimated market value
$1,550,800
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