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For sale
  • Listed by: Compass • Melissa Sorensen • Contact: 949-244-3992
    Price cut: $26K (10/15)
    $699,000

    121 Graze Way, Ladera Ranch, CA 92694

    2beds
    1,272sqft
    : 
    $5,415/mo
    Get pre-qualified
    Condominium
    Built in 2023
    -- sqft lot
    $696,700 Zestimate®
    $550/sqft
    $620/mo HOA
    This home is also for rent. View listing

    What's special

    PRICE IMPROVEMENT! Experience elevated living in this exceptional, model perfect 3 story residence in the highly desirable Rienda Village of Rancho Mission Viejo. Designed with the feel of a townhome, this 2 bedroom, 2.5 bath home features an attached garage, breathtaking elevated views of the surrounding hills, and a private gated front patio. Enjoy valuable upgrades, including OWNED SOLAR, an OWNED reverse osmosis system, an OWNED water softener, and an EV hookup in the attached garage.
    100 days
    403
    21

    Zillow last checked:

    Listing updated:

    Listed by:

    Melissa Sorensen DRE #02008375 949-244-3992,

    Compass

    Source: CRMLS,MLS#: OC26147885MLS LogoOriginating MLS: California Regional MLS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 3
      • Full bathrooms: 2
      • 1/2 bathrooms: 1
      • Main level bathrooms: 1
      Rooms
      • Room types: Bedroom, Other
      Bedroom
      • Features: All Bedrooms Up
      Bathroom
      • Features: Bathtub, Dual Sinks, Remodeled, Upgraded
      Kitchen
      • Features: Kitchen Island, Kitchen/Family Room Combo, Quartz Counters, Remodeled, Self-closing Drawers, Updated Kitchen
      Other
      • Features: Walk-In Closet(s)
      Heating
      • Central
      Cooling
      • Central Air, ENERGY STAR Qualified Equipment
      Appliances
      • Included: Dishwasher, Disposal, Gas Oven, High Efficiency Water Heater, Refrigerator, Range Hood, Water Softener, Tankless Water Heater, Water Purifier
      • Laundry: Inside, Laundry Room, Stacked, Upper Level
      Features
      • Balcony, Ceiling Fan(s), Eat-in Kitchen, High Ceilings, Multiple Staircases, Open Floorplan, Quartz Counters, Recessed Lighting, Unfurnished, Wired for Sound, All Bedrooms Up, Walk-In Closet(s)
      • Flooring: Carpet, Laminate
      • Windows: Custom Covering(s)
      • Has fireplace: No
      • Fireplace features: None
      • Common walls with other units/homes: 2+ Common Walls
      Interior area
      • Total interior livable area: 1,272 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: Door-Single, Garage, Garage Faces Rear, Tandem
      • Attached garage spaces: 2
      Features
      • Levels: Three Or More
      • Stories: 3
      • Entry location: 1
      • Patio & porch: Covered, Front Porch
      • Pool features: Community, Association
      • Has spa: Yes
      • Spa features: Association, Community
      • Has view: Yes
      • View description: Hills, Mountain(s), Neighborhood
      Lot
      • Size: 2.6 Acres
      • Features: 0-1 Unit/Acre
      Details
      • Parcel number: 93184254
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: Condo
      • Architectural style: Contemporary
      • Property subtype: Condominium
      • Attached to another structure: Yes
      Condition
      • Updated/Remodeled,Turnkey
      • New construction: No
      • Year built: 2023
      Details
      • Builder name: Lennar

      Utilities & green energy

      • Electric: 220 Volts in Garage
      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Features: Biking, Curbs, Dog Park, Park, Street Lights, Suburban, Sidewalks, Pool
      • Subdivision: Oasis (Osis)
      HOA
      • Has HOA: Yes
      • Amenities included: Clubhouse, Sport Court, Dog Park, Fitness Center, Fire Pit, Maintenance Grounds, Meeting Room, Outdoor Cooking Area, Other Courts, Barbecue, Picnic Area, Playground, Pickleball, Pool, Pets Allowed, Spa/Hot Tub, Tennis Court(s)
      • HOA fee: $374 monthly
      • HOA name: Rancho MMC
      • HOA phone: 949-625-6500
      • Second HOA fee: $246 monthly
      Location
      • Region: Ladera Ranch

      Financial & listing details

      • Price per square foot: $550/sqft
      • Date on market: 7/10/2026
      • Cumulative days on market: 100 days
      • Listing terms: Cash,Conventional,Contract,Cal Vet Loan,1031 Exchange

        Estimated market value

        $696,700

        $662,000 - $732,000

        $4,192/mo

        Price history

        DateEventPrice
        10/15/2026Price change$699,000-3.6%$550/sqft
        Source: CRMLS #OC26147885 Report a problem
        10/14/2026Price change$4,200-1.2%$3/sqft
        Source: Zillow Rentals Report a problem
        10/10/2026Listed for rent$4,250$3/sqft
        Source: Zillow Rentals Report a problem
        9/23/2026Price change$725,000-3.2%$570/sqft
        Source: CRMLS #OC26147885 Report a problem
        7/24/2026Price change$749,000-7.5%$589/sqft
        Source: CRMLS #OC26147885 Report a problem
        7/10/2026Listed for sale$810,000$637/sqft
        Source: CRMLS #OC26147885 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        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.
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        Climate risks

        Neighborhood: 92694

        Getting around

        0 / 100
        Car-Dependent
        11 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • 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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