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Sold for $1,320,000
  • Listed by: First Team Real Estate • Shar Rezai-Hariri • Contact: 949-759-5747
    Bought with: First Team Real Estate
    $1,320,000

    39 Grassy Knoll Ln, Rancho Santa Margarita, CA 92688

    4beds
    1,996sqft
    Single Family Residence
    Built in 1997
    5,086 Square Feet Lot
    $1,327,800 Zestimate®
    $661/sqft
    $5,057 Estimated rent

    Home value

    $1,327,800

    $1.22M - $1.43M

    $5,057/mo

    Zestimate® history
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    What's special

    Functional layoutLight filled floor plan
    Welcome to 39 Grassy Knoll Lane, Rancho Santa Margarita, a thoughtfully designed home perfect for families seeking space, flexibility, and an exceptional community. This 4 bedroom, 3 bath residence features a highly desirable downstairs bedroom with a full bathroom, ideal for multi generational living, guests, or a private home office. The light filled floor plan flows seamlessly, with a kitchen that opens to the main living areas so you can stay connected during everyday family life and while entertaining. Upstairs bedrooms are generously sized, offering comfort and privacy, while the backyard creates the perfect setting for playtime, weekend barbecues, and making lasting family memories in Southern California’s year round sunshine. The property also offers a spacious 3 car driveway, providing ample parking for family and guests. One of the standout lifestyle features is the proximity to nearby hiking and biking trails, giving you direct access to the outdoors just minutes from your front door. You are also conveniently located near major freeways for an easy commute and just a short drive to Southern California’s beautiful beaches. The home is within walking distance to local elementary, middle, and high schools, adding everyday convenience for growing families. For those thinking long term, there is potential to explore building a casita or bonus living space over the garage, offering additional flexibility for extended family, rental income, or a private retreat. Families are drawn to Rancho Santa Margarita for its reputation as one of California’s safest cities, abundant parks, pools, and strong sense of community. Located within the highly regarded Capistrano Unified School District, this home offers both lifestyle and long term value. With its functional layout, rare main level bedroom and bath, prime location, and future potential, 39 Grassy Knoll Lane is more than a home. It is a place to grow, invest, and truly thrive.

    Zillow last checked:

    Listing updated:

    Listed by:

    Shar Rezai-Hariri DRE #02142639 949-687-9990,

    First Team Real Estate

    Bought with:

    Shar Rezai-Hariri, DRE #02142639

    First Team Real Estate

    Source: CRMLS,MLS#: OC26013451MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 3
    • Main level bathrooms: 1
    • Main level bedrooms: 1
    Rooms
    • Room types: Other
    Bathroom
    • Features: Bathtub, Separate Shower
    Kitchen
    • Features: Kitchen Island
    Other
    • Features: Walk-In Closet(s)
    Heating
    • Central, Fireplace(s)
    Cooling
    • Central Air
    Appliances
    • Included: Dryer, Washer
    • Laundry: Laundry Room
    Features
    • High Ceilings, Walk-In Closet(s)
    • Has fireplace: Yes
    • Fireplace features: Family Room, Living Room
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total interior livable area: 1,996 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Electric Vehicle Charging Station(s), Garage
    • Garage spaces: 2
    • Uncovered spaces: 2
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: 1
    • Pool features: Community, Association
    • Has view: Yes
    • View description: Mountain(s), Neighborhood
    Lot
    • Size: 5,086 Square Feet
    • Features: 0-1 Unit/Acre
    Details
    • Additional structures: Gazebo
    • Parcel number: 78009135
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Condition
    • New construction: No
    • Year built: 1997

    Utilities & green energy

    • Electric: 220 Volts Other, See Remarks
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Water Connected

    Community & HOA

    Community
    • Features: Gutter(s), Hiking, Mountainous, Storm Drain(s), Street Lights, Sidewalks, Pool
    HOA
    • Has HOA: Yes
    • Amenities included: Pool, Spa/Hot Tub
    • HOA fee: $174 monthly
    • HOA name: Las Flores
    • HOA phone: 949-448-6000
    Location
    • Region: Rancho Santa Margarita

    Financial & listing details

    • Price per square foot: $661/sqft
    • Tax assessed value: $1,073,312
    • Annual tax amount: $10,876
    • Date on market: 1/22/2026
    • Cumulative days on market: 38 days
    • Listing terms: Cash to New Loan

    Price history

    DateEventPrice
    4/13/2026Sold$1,320,000-4%$661/sqft
    Source: CRMLS #OC26013451 Report a problem
    3/6/2026Pending sale$1,375,000$689/sqft
    Source: CRMLS #OC26013451 Report a problem
    2/26/2026Price change$1,375,000-1.8%$689/sqft
    Source: CRMLS #OC26013451 Report a problem
    2/3/2026Price change$1,399,800-3.5%$701/sqft
    Source: CRMLS #OC26013451 Report a problem
    1/22/2026Price change$1,450,000+72.8%$726/sqft
    Source: CRMLS #OC26013451 Report a problem
    8/31/2018Listed for sale$839,000+9%$420/sqft
    Source: HomeSmart, Evergreen Realty #OC18211524 Report a problem
    5/18/2005Sold$770,000+7.1%$386/sqft
    Source: Public Record Report a problem
    4/8/2004Sold$719,000+82%$360/sqft
    Source: Public Record Report a problem
    3/29/2002Sold$395,000+5.3%$198/sqft
    Source: Public Record Report a problem
    8/25/2000Sold$375,000+19.2%$188/sqft
    Source: Public Record Report a problem
    8/24/1999Sold$314,500+13.7%$158/sqft
    Source: Public Record Report a problem
    1/30/1998Sold$276,500$139/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$10,876 +1.9%$1,073,312 +2%
    2024$10,668 +21.8%$1,052,267 +21.4%
    2023$8,758 +1.9%$867,006 +2%
    2022$8,592 -8.2%$850,006 +2%
    2021$9,357 -1.4%$833,340
    2020$9,489 $833,340 +2%
    2019$9,489 -8.8%$817,000
    2018$10,399 +5.5%$817,000 +14.3%
    2017$9,855 $715,000
    2016$9,855 -1.7%$715,000 +8.2%
    2015$10,022 +5.1%$660,950
    2014$9,537 $660,950 +21%
    2013-- $546,240
    2012-- $546,240 -4%
    2011-- $569,000
    2010-- $569,000 -6.1%
    2009-- $606,000 -17.7%
    2008-- $736,000 -8.1%
    2007-- $801,108 +2%
    2006-- $785,400 +7.1%
    2005-- $733,380 +78.7%
    2004-- $410,318 +1.9%
    2003-- $402,798 +5.3%
    2002-- $382,500 +2%
    2001$6,389 +18.1%$375,000 +19.2%
    2000$5,410 $314,500
    Find assessor info on the county website

    Neighborhood: Las Flores

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,327,800
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,327,800