4
Bedrooms
Sold for $1,200,000 · Nov 2025
SOLDListed at $1,224,900
Ladera Ranch, CA
MLS# OC25136867
Tim Wolter
Listing Agent
Ladera Realty
DRE #: 01384317
Brokerage: Ladera Realty
4
Bedrooms
3
Bathrooms
1,860 sqft
Square Feet
2001
Year Built
2,704 sqft
Lot Size
$645
Price/Sq Ft
2
Garage Spaces
$362/mo
HOA
Single Family Home
Property Type
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!
Listing description from the November 2025 sale, as reported to CRMLS.
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1 recorded sale
81 Mercantile Way sold for $1,200,000 in November 2025, 2.0% under its $1,224,900 list price, after 119 days on the market. It was first listed at $1,274,900. That works out to $645 per square foot on 1,860 square feet. Across 343 closed sales in 92694 over the last 12 months, the median sold price is $1,300,000 and the median is $631 per square foot, 2.2% below this sale's $645. 4-bedroom rentals in 92694 currently list at a median of $6,950 a month (9 listings).
| Quarter | Closed sales in 92694 | Median sold price |
|---|---|---|
| Q1 2026 | 23 | $1,160,000 |
| Q2 2026 | 166 | $1,318,750 |
| Q3 2026 | 123 | $1,270,000 |
| Q4 2026 | 31 | $1,430,000 |
Figures are MLS-reported closed sales (CRMLS); ZIP medians cover the last 12 months. Nalren does not estimate values. Recently sold in Ladera Ranch · Homes for sale in 92694
Closed sales reported in 92694, nearest first, last 12 months. All recent sales in Ladera Ranch →
81 Mercantile Way
Contact Tim Wolter
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Contact Listing Agent
Ladera Realty
DRE #01384317
Contact information is not available for this listing.