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31 Mercantile Way

Ladera Ranch, CA 92694

4 beds
3 baths
2,003 sqft
2,920 sqft lot
$648 per sqft
2002 build
– on site

A rare gem on the market! This spacious 4-bedroom detached residence offers unparalleled comfort and generous living space. The main level features an open floor plan, with the kitchen seamlessly integrating with the great room, leading to a private, low-maintenance yard—ideal for entertaining and creating cherished memories. The heart of this home is the beautifully remodeled kitchen, a culinary dream equipped with custom cabinets, a walk-in pantry providing ample storage, and chic quartz countertops that enhance its aesthetic appeal. The extended island adds extra seating and flexibility for your cooking needs, combining functionality with style. Beautifully lit with natural light, the interior boasts upgraded flooring and carpeting, complemented by designer paint, giving the home a contemporary and inviting atmosphere. The primary suite serves as a true sanctuary, featuring a spacious layout with a soaking tub and shower for relaxation, along with a walk-in closet. You’ll find three additional bedrooms, each offering ample closet space, as well as a secondary bath with dual vanities. A conveniently located laundry room completes the upper level. Recent updates include a Google Nest thermostat, smart irrigation system in the front yard, re-piping with PEX and a water heater. Location is key! This home is within walking distance to the highly regarded Chaparral Elementary School, community pools, parks, and shopping center, ensuring you have everything you need within close reach. As a resident of Ladera Ranch, you’ll also enjoy access to fantastic community amenities. This property is more than just a house. It’s the perfect lifestyle!

Listed By CRMLS_CA / Monica Yeung / Realty One Group West / 949-668-5166

Last checked: Checking… • Last updated Mar 28, 2025 •

MLS# OC25056656 —

This home is listed in more than one place. See it here.

The Building

Year Built:

2002
Year Built Source:

Public Records
New Construction:

No
Total Number Of Units:

1
Structure Type:

House
Stories Total:

2
Entry Level:

1
Common Walls:

No Common Walls

Interior

Levels:

Two
Entry Location:

Front door
Kitchen Features:

Quartz Counters
Eating Area:

Breakfast Counter / Bar, Dining Room
Room Type:

All Bedrooms Up
Living Area Units:

Square Feet
Living Area Source:

Assessor
Fireplace:

Yes
Fireplace:

Family Room
Laundry:

Individual Room, Upper Level
Laundry:

1

Room Dimensions

Living Area:

2003.00

Location

Directions:

Crown Valley Pkwy, right on Sienna Pkwy, left on Mercantile Way
Latitude:

33.56381400
Longitude:

-117.63194600

The Property

Property Type:

Residential
Subtype:

Single Family Residence
Lot Features:

Back Yard, Front Yard
Lot Size Area:

2920.0000
Lot Size Acres:

0.0670
Lot Size SqFt:

2920.00
Lot Size Source:

Assessor
View:

None
Exclusions:

Refrigerator, TV, Washer, Dryer
Additional Parcels:

No
Land Lease:

No
Lease Considered:

No

Listing Agent

Contact info:

Taxes

Tax Census Tract:

320.57
Tax Tract:

15888
Tax Lot:

50

Beds

Total Bedrooms:

4

Baths

Total Baths:

3
Bathroom Features:

Bathtub
Full & Three Quarter Baths:

2
Main Level Baths:

1
Full Baths:

2
Half Baths:

1

The Listing

Special Listing Conditions:

Standard
Parcel Number:

75936205
Showings Begin:

2025-03-21

Heating & Cooling

Heating:

1
Heating:

Central
Cooling:

Yes
Cooling:

Central Air

Utilities

Sewer:

Public Sewer
Water Source:

Public

Schools

Elementary:

CHAPAR3
Elementary School:

Chaparal
Middle School:

Ladera Ranch
Middle School:

LADRAN
High School:

Tesoro
High School:

TESERO
High School District:

Capistrano Unified

The Community

Features:

Biking, Curbs, Hiking, Park, Sidewalks, Storm Drains, Street Lights
Association Amenities:

Pickleball, Pool, Spa/Hot Tub, Barbecue, Outdoor Cooking Area, Picnic Area, Playground, Dog Park, Tennis Court(s), Biking Trails, Hiking Trails, Clubhouse
Association:

LARMAC
Association:

Yes
Association Fee:

$362
Association Fee Frequency:

Monthly
Pool:

Association, Community
Senior Community:

No
Private Pool:

No
Assessments:

Yes
Assessments:

Special Assessments, CFD/Mello-Roos

Parking

Parking:

Yes
Parking:

Garage
Parking Spaces:

2.00
Attached Garage:

Yes
Garage Spaces:

2.00

Monthly cost estimate

Asking price

$1,299,000

Expense	Monthly cost
Mortgage	$6,955
Taxes	N/A
Insurance	$357
HOA fees	$362
Utilities	$189 See report
Total	$7,863/mo.^*
	^*This is an estimate

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Air Pollution Index

Provided by ClearlyEnergy

Sale history

Date	Event	Source	Price	% Change
3/21/25 Mar 21, 2025	Listed / Active	CRMLS_CA	$1,299,000	79.2% (11.8% / YR)
11/16/23 Nov 16, 2023	Relisted	BRIDGE
11/14/23 Nov 14, 2023	Pending	BRIDGE

36% of nearby similar homes sold for over asking price

Similar homes that sold in bidding wars went $25k above asking price on average, but some went as high as $141k over asking price.

House For Sale

$1,299,000

HOA

$362/mo.

Cost Est.

$7,863/mo.

Listing provided by broker:

Monica Yeung

Realty One Group West

949-668-5166

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This house located in Township Village, Ladera Ranch, CA 92694 is currently for sale for $1,299,000. 31 Mercantile Way is a 2,003 square foot house with 4 beds and 3 baths that has been on Estately for 7 days. 31 Mercantile Way is in the Township Village neighborhood of Ladera Ranch and has a WalkScore® of 74, making it very walkable. This house is in the attendance area of Chaparral Elementary School and Ladera Ranch Middle School.

Listing Courtesy of: CRMLS_CA and Realty One Group West. Based on information from California Regional Multiple Listing Service, Inc. as of 17:03 on Mar 28.

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. 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, 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.