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$1,399,800
31 Days On Site

39 Grassy Knoll
Rancho Santa Margarita, CA 92688

For Sale|Single Family Residence|Active
4
Beds
3
Total Baths
3
Full Baths
1,996
SqFt
$701
/SqFt
1997
Built
County:
Orange
Listed by Shar Rezai-Hariri of First Team Real Estate [email protected]
39 Grassy Knoll39 Grassy Knoll39 Grassy Knoll39 Grassy Knoll
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Monthly Payment (Est.)

$6,386
Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2026 Information is deemed reliable but not guaranteed.

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.

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Listing Snapshot
Price 
$1,399,800
Days On Site 
31 Days
Bedrooms 
4
Inside Area (SqFt) 
1,996 sqft
Total Baths 
3
Full Baths 
3
Partial Baths 
N/A
Lot Size 
0.1168 Acres
Year Built 
1997
MLS® Number 
OC26013451
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
$174 monthly
Sq Ft Source 
Assessor
Friends & Family
Recent Activity
3 weeks agoPrice changed to $1,399,800
3 weeks agoListing updated with changes from the MLS®
a month agoListing first seen on site
General Features
Acres 
0.1168
Garage 
Yes
Garage Spaces 
2
Land Lease 
No
Levels 
Two
Number Of Stories 
2
Parking 
Electric Vehicle Charging Station(s)Garage
Parking Spaces 
4
Property Sub Type 
Single Family Residence
Sewer 
Public Sewer
Special Circumstances 
Standard
Utilities 
Cable AvailableElectricity ConnectedNatural Gas ConnectedPhone AvailableWater Connected
Water Source 
Public
Interior Features
Appliances 
DryerWasher
Cooling 
Central Air
Fireplace 
Yes
Fireplace Features 
Family RoomLiving Room
Heating 
CentralFireplace(s)
Interior 
High CeilingsWalk-In Closet(s)
Laundry Features 
Laundry Room
Main Level Bedrooms 
1
Bathroom 
Kitchen 
Features - Kitchen Island
Other 
Features - Walk-In Closet(s)
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Exterior Features
Other Structures 
Gazebo
Pool Features 
CommunityAssociation
View 
Mountain(s)Neighborhood
Waterview 
Mountain(s)Neighborhood
Community Features
Association Amenities 
PoolSpa/Hot Tub
Association Dues 
174
Building Access 
1
Community Features 
Street LightsSidewalksPool
HOA Fee Frequency 
Monthly
MLS Area 
LF - Las Flores
School District 
Capistrano Unified
Schools
School District
Capistrano Unified
Elementary School
Unknown
Middle School
Unknown
High School
Unknown


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
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