• Buy
  • Rent
  • Sell
  • Agents
New DevelopmentWorld of Elliman
The latest in luxury property, lifestyle & culture, curated just for you.

Company

  • About Us
  • Leadership
  • Offices
  • Press & News
  • Elliman Cares
  • Join as an Agent
  • Careers
  • Elliman Global
  • Investors

Resources

  • World of Elliman
  • Elliman Insider
  • Magazines
  • Market Reports
  • Research Reports
  • Elliman Private Listings
  • New Elliman Exclusives
  • Featured Cities
  • Guides to Buying & Selling

Brand Portfolio

  • New Development
  • Commercial
  • Relocation
  • Sports & Entertainment
  • Farm & Ranch
  • Building Broker Specialists
  • Title Services
  • Estate, Trust & Probate

  • California
  • Colorado
  • Connecticut
  • Florida
  • Massachusetts
  • Mid-Atlantic
  • Nevada
  • New Jersey
  • New York
  • New York City
  • Texas
  • Vermont
  • Site Map
  • Terms
  • Privacy
  • Cookie Preferences
  • Do Not Sell or Share My Personal Information
  • NYS Housing Discrimination Disclosure Notice & Form
  • NYS Standard Operating Procedure
  • NYS Tenants' Rights to Reasonable Accommodations for persons with disabilities
  • California Consumer Privacy Act Notice
  • Texas Consumer Protection Notice
  • Texas Real Estate Commission Information About Brokerage Services
  • Text of NYC Human Rights Law
  • New York City Commission on Human Rights
  • NYC Source of Income Discrimination Information
  • NYC Source of Income Discrimination Tenant FAQs

THE SOURCE OF THE DISPLAYED DATA IS EITHER THE PROPERTY OWNER OR PUBLIC RECORD PROVIDED BY NON-GOVERNMENTAL THIRD PARTIES. IT IS BELIEVED TO BE RELIABLE BUT NOT GUARANTEED. FOR COLORADO VIEWERS, INFORMATION ABOUT NON-COMMERCIAL PROPERTIES IS PROVIDED EXCLUSIVELY FOR YOUR PERSONAL, NON-COMMERCIAL USE.

575 MADISON AVENUE, NEW YORK, NY 10022. 212.891.7000 © 2026 DOUGLAS ELLIMAN REAL ESTATE. EQUAL EMPLOYMENT OPPORTUNITY PROVIDER. ALL MATERIAL PRESENTED HEREIN IS INTENDED FOR INFORMATION PURPOSES ONLY. WHILE THIS INFORMATION IS BELIEVED TO BE CORRECT, IT IS REPRESENTED SUBJECT TO ERRORS, OMISSIONS, CHANGES, OR WITHDRAWAL WITHOUT NOTICE. ALL PROPERTY INFORMATION, INCLUDING, BUT NOT LIMITED TO SQUARE FOOTAGE, ROOM COUNT, NUMBER OF BEDROOMS, AND THE SCHOOL DISTRICT IN PROPERTY LISTINGS SHOULD BE VERIFIED BY YOUR OWN ATTORNEY, ARCHITECT, OR ZONING EXPERT. EQUAL HOUSING OPPORTUNITY. LISTING DATA REFRESHED ON MAR 18 2026 AT 11:39 PM.

DOUGLAS ELLIMAN IS A LICENSED REAL ESTATE BROKER IN CALIFORNIA WITH LICENSE # 01947727, COLORADO WITH LICENSE # EC100053892, CONNECTICUT WITH LICENSE # REB.0314827, THE DISTRICT OF COLUMBIA WITH LICENSE # REO40000160, FLORIDA WITH LICENSE # CQ1020232, MARYLAND WITH LICENSE # 645270, MASSACHUSETTS WITH LICENSE # 422764, NEVADA WITH LICENSE # 1454643, NEW JERSEY WITH LICENSE # 0572105, NEW YORK WITH LICENSE # 10991211812, TEXAS WITH LICENSE # 9008706, AND VIRGINIA WITH LICENSE # 0226035659.

SCAMMERS ARE IMPERSONATING REAL ESTATE AGENTS AND USING ACTIVE LISTINGS TO REQUEST FAKE DEPOSITS. SHOULD YOU HAVE A QUESTION ABOUT THE LEGITIMACY OF A DOUGLAS ELLIMAN AGENT OR LISTING, PLEASE CONTACT THE AGENT DIRECTLY VIA THE “AGENTS” LINK IN THE TOP MENU. DOUGLAS ELLIMAN WILL NEVER ASK FOR ANY PAYMENT TO RESERVE, HOLD, OR VIEW A PROPERTY. THESE CHARGES ARE PROHIBITED UNDER NEW YORK LAW. IF YOU RECEIVE A SUSPICIOUS REQUEST FOR MONEY, DO NOT SEND FUNDS. REPORT IT TO THE NYS DEPARTMENT OF STATE AND NOTIFY DOUGLAS ELLIMAN. YOU CAN READ THE NEW YORK STATE DEPARTMENT OF STATE'S CONSUMER ALERT HERE.

POWERED BY PURLIN.AI

39 Grassy Knl

rancho santa margarita, CA 92688

$1,375,000

  • 4 BR
    3 BA
    approx. 1,996 SF
  • Contract signed

Interested? Let's Connect

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.

Details

1,996 Sq Ft

5,086 Sq Ft Lot Size

single family home

$174 Monthly Maintenance/CC

Built in 1997

MLS/Listing ID OC26013451

2 Stories

1 Units

Amenities & Features

High Ceilings

Laundry Room

Parking - Garage

Parking - Electric Vehicle Charging Stations

Pool - Community

Pool - Association

Neighborhood View

Mountains View

Washer

Dryer

Association - Spa Hot Tub

Pool

Community - Street Lights

Community - Storm Drains

Community - Sidewalks

Community Pool

Community - Mountainous

Walk-in Closets

Heating - Fireplaces

Family Room Fireplace

Living Room Fireplace

Cooling - Central Air

Community - Gutters

Community - Hiking

Interested In 39 Grassy Knl?