$1,375,000
39 Grassy Knoll
Rancho Santa Margarita, CA, 92688
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.
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.
Property Details
Price:
$1,375,000
MLS #:
OC26013451
Status:
Pending
Beds:
4
Baths:
3
Type:
Single Family
Subtype:
Single Family Residence
Neighborhood:
lflasflores
Listed Date:
Jan 22, 2026
Finished Sq Ft:
1,996
Lot Size:
5,086 sqft / 0.12 acres (approx)
Year Built:
1997
Schools
School District:
Capistrano Unified
Interior
Bathrooms
3 Full Bathrooms
Cooling
CA
Heating
CF, FIR
Interior Features
HCEL
Laundry Features
IR, DINC, WINC
Levels
U
Main Level Bathrooms
1
Main Level Bedrooms
1
Exterior
Common Walls
NCW
Community Features
SDW, STM, SL, CW, MTN, HIKI
Garage Spaces
2
Other Structures
GZ
Parking Spots
4
Parking Total
4
View
MT, NE
Financial
HOA Fee
$174
HOA Fee Frequency
MO
Get Out There, A Simply Outgoing Approach to Life. James Outland Jr. is one of those rare people who simply has an outgoing approach to life. No matter the activity… from dune buggy riding to skydiving to motorcycling to riding the local Pismo Beach waves… James Outland Jr. approaches life with a “just get out there and do it” kind of attitude. A zest for Life. James’ zest for life is obviously apparent in his many exciting hobbies. In his spare time, he loves riding dune buggies or hi…
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Map
Current real estate data for Single Family in Rancho Santa Margarita as of Apr 09, 2026
83
Single Family Listed
44
Avg DOM
410
Avg $ / SqFt
$917,905
Avg List Price
Community
- Address39 Grassy Knoll Rancho Santa Margarita CA
- CityRancho Santa Margarita
- CountyOrange
- Zip Code92688
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Property Summary
- 39 Grassy Knoll Rancho Santa Margarita CA is a Single Family for sale in Rancho Santa Margarita, CA, 92688. It is listed for $1,375,000 and features 4 beds, 3 baths, and has approximately 1,996 square feet of living space, and was originally constructed in 1997. The current price per square foot is $689. The average price per square foot for Single Family listings in Rancho Santa Margarita is $410. The average listing price for Single Family in Rancho Santa Margarita is $917,905. To schedule a showing of MLS#oc26013451 at 39 Grassy Knoll in Rancho Santa Margarita, CA, contact your James Outland agent at 8057482262.
Courtesy of First Team Real Estate. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than James Outland include the name of the listing broker. Neither the listing company nor James Outland shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved. 39 Grassy Knoll
Rancho Santa Margarita, CA





































