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Ladera Ranch 92694
81 Mercantile Way
$1,200,000
● House - Off Market

81 Mercantile Way

Ladera Ranch, CA 92694
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,860 Ft²
$6,377
Est. Monthly
$362
HOA / Fees
5.50%
Cap Rate

About This Property

Welcome to 81 Mercantile Way in Ladera Ranch - a rare END-LOT detached home in the highly desirable Gables community. This upgraded Plan 3 model offers 1860 sq ft, 4 bedrooms, 2.5 baths, a remodeled kitchen, full PEX Re-Pipe, oversized 2 car garage, covered front porch with room to relax, balcony off primary, ideal layout with open circular flow on the main level and all 4 bedrooms upstairs, and an unbeatable Ladera location offering a rare walkable lifestyle with easy access to shops, restaurants, coffee, groceries, gym, schools, parks and pools. The premium END-LOT location is a game changer and makes the home unique in the community-with no neighbor bordering the side yard the outdoor space is greatly enhanced. The remodeled kitchen features Caesarstone quartz countertops, full-height marble backsplash, farmhouse sink, newer stainless steel Maytag appliances, bar seating, and a sunlit breakfast nook with bay window. Flooring has been upgraded throughout with laminate upstairs and downstairs, and solid oak hardwood stairs with white risers and custom banister. The open-concept living space includes a family room with cozy fireplace with custom surround & mantel flanked by original builder-installed window sidelights. French doors lead to a private side yard and covered patio with gas hookup-perfect for BBQs or firepit. Unique to this lot, there's no neighbor on this side, offering extra privacy, sunlight, breezes, and unique openness. The oversized 2-car garage features high ceilings, epoxy floor, windows, and custom storage. Upstairs, all 4 bedrooms offer ceiling fans and junction boxes. Convenient 2nd-floor laundry room with newer washer and dryer which are both included. The primary suite includes a private balcony with foothill views, custom barn door to the en-suite bath with a generous walk-in closet, Corian counters, dual sinks, soaking tub and separate shower. One bedroom currently configured as office and downstairs powder room includes custom wall paneling. Enjoy a rare walkable lifestyle with easy access to the Mercantile Shops, Oslo Coffee, Ten Mile Brewing, Rancho Capistrano Winery, Trader Joe's, Franco's, Lucky Strike Bowling, gyms, parks, pools, Concerts/Movies in the park at Town Green and the Sunday Farmers Market & 4th of July Fireworks at Founders Park. Just a short walk to highly-rated Chaparral Elementary & Ladera Ranch Middle School. Original owner with great pride of ownership, come see this special home in an unbeatable location!
Unit Size
1,860 Ft²
Days on Market
155 days
Land Size
0.06 acres
Price per sqft
$659
Property Type
House
Property Taxes
-
HOA Dues
$362
Year Built
2001

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Last updated: 12 months ago (CRMLS #OC25136867)

Price History

Date / Event Date Event Price
Nov 21, 2025 Sold
Sold
Oct 22, 2025 In contract -
In contract
Aug 21, 2025 Price Decreased $1,224,900
↓ $25K (2%)
Price Decreased
Jul 16, 2025 Price Decreased $1,249,900
↓ $25K (2%)
Price Decreased
Jun 18, 2025 Listed by Ladera Realty $1,274,900
Listed by Ladera Realty

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2001
  • Effective Year Built: 2001
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 461
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 2,704
  • Total Building Area: 1,860
  • Building Area: 1,860
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 0
  • Heated Square Feet: 1,860
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000062
  • Standard Land Use Code: 1001
  • County Land Use Code: 1
  • Legal Description 1: N TR 15886 BLK LOT 56

Neighborhood

  • School District Name: Capistrano Unified School District
  • Census Tract: 032057

Geography

  • Subdivision Tract Number: 15886
  • Parcel: 759-461-45
  • Lot: 56
  • Latitude: 33.561
  • Longitude: -117.632

    Address

  • Full Address: 81 Mercantile Way
  • Address - House Number: 81
  • Address - Street Name: Mercantile
  • Address - Suffix Type: Way
  • State: CA
  • City Name: Ladera Ranch
  • Carrier Code: R054
  • 4-Digit Zip Code: 0400
  • Zip Code: 92694

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $769,788
  • Tax Rate Code Area: 82-373

    Appraisal Valuation

  • Standard Deviation: 0.2054
  • Valuation Date: Oct 18, 2023
  • Confidence Score: 72
  • Final Value: 1,227,887
  • High Value: 1,480,118
  • Low Value: 975,657

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $559,629
  • Assessed Land Value: $343,927
  • Assessed Improvements Value: $215,702

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 22, 2001
  • Current Sale Recording Date: Oct 31, 2001
  • Current Sale Price:
  • Current Sale Document Type: 36
  • Current Sale Input Document Number: 20010778135
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Ladera Ranch


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Frequently Asked Questions

When was property at 81 Mercantile Way built and last sold?
The property at 81 Mercantile Way was built in 2001 and last sold on Oct 22, 2001 for $355,000.
How much is this home worth?
The estimated value of the home located at 81 Mercantile Way is $0.
What are some comparable homes to 81 Mercantile Way?
There are currently no comparable homes to 81 Mercantile Way.