81 Mercantile Way

Ladera Ranch, CA 92694

$1,200,000
Last Sold Price
4
Beds
1,860 Sq. Ft.
$645 / Sq. Ft.
1,860
Sq. Ft.
$645
per Sq. Ft.
Closed 11/21/25
Closed 11/21/25
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a bedroom with a bed and a chandelier
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Description

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,...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!
  1. Listed by Tim Wolter • DRE #01384317 • Brokerage DRE #01814504 • Ladera Realty • 949-338-3767
  2. Listed by Jeffrey Wolter • DRE #01738192 • Brokerage DRE #01814504 • Ladera Realty

Property Details for 81 Mercantile Way

View
City Lights, Mountain(s), Valley
Parking Spaces Total
2
Private Pool
No
Cooling Type
Central Air
Total Units
1.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
1860
LISTING UPDATED: 11/21/2025 01:50 PM

Property Details for 81 Mercantile Way

StatusClosed
MLS #OC25136867
Days on Market119
Taxes-
HOA Fees$362 / month
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built2001
Lot Size0.06 AC / 2,704 SF
CountyOrange County

Location

Listing Courtesy of Ladera Realty, Tim Wolter, DRE #01384317; Ladera Realty, Jeffrey Wolter, DRE #01738192

Sold By Regency Real Estate Brokers, Jordan Bennett, DRE #01850869; Regency Real Estate Brokers, Leland Pfannenstiel, DRE #01952009

Add your commute

Building Information for 81 Mercantile Way

Stories2Year Built2001Building Size-Lot Size0.06 AC / 2,704 SF

Payment Calculator

$6,953 per month

30 year fixed, 6.28% Interest

Principal and Interest

$5,930

Property Taxes

$661

HOA Dues

$362

The Payment Calculator is for illustrative purposes only.

Property Information for 81 Mercantile Way

Rental Info
Rental Info
  • Pets Allowed: Call For Rules
Income / Expense / Tax Details
Income Details
  • Financing: Cash To New Loan
Tax / Assessment Info
  • Tax Tract Number: 15886
  • Tax Census Tract: 320.57
  • CFD/Mello-Roos Fee: $2,135
  • Tax Lot: 56
Community / Development
Community / Development
  • Association Amenities: Pool, Spa/Hot Tub, Fire Pit, Barbecue, Outdoor Cooking Area, Picnic Area, Playground, Tennis Court(s), Sport Court, Other Courts, Biking Trails, Hiking Trails, Clubhouse
  • Assessments YN: Yes
  • Assessments: Special Assessments, CFD/Mello-Roos
  • Community Features: Curbs, Gutters, Sidewalks, Storm Drains, Street Lights
  • Community: The Gables (GABL)
  • Complex Name: LARMAC
  • Association Name: LARMAC
  • Association Phone: 949-218-0900
Property / Structure Info
Interior Features
  • Interior Features: Balcony, Ceiling Fan(s), Quartz Counters, Recessed Lighting
  • Room Type: All Bedrooms Up, Family Room, Kitchen, Laundry, Primary Bathroom, Primary Bedroom, Primary Suite, Walk-In Closet
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 0
  • Bedroom Features: All Bedrooms Up, WalkInCloset
  • Room Kitchen Features: Quartz Counters, Remodeled Kitchen
  • Eating Area: Breakfast Nook, Dining Room
  • Laundry: Yes
  • Laundry Features: Individual Room
  • Fireplace Features: Family Room
  • Fireplace Rooms: Family Room
  • Fireplace: FP in Family Room
  • Cooling: Central Air
  • Heating Type: Forced Air
  • Heating: Forced Air
  • Heat Equipment: Forced Air Unit
Exterior Features
  • Entry Location: 1
  • Foundation Details: Slab
  • Foundation Details: Slab
  • Structures: Gutters, Storm Drains
  • Structure Type: House
  • Other Structures: Gutters, Storm Drains
  • Miscellaneous: Gutters, Storm Drains
  • View Description: City Lights, Valley
  • Patio: Yes
  • Patio And Porch Features: Covered, Front Porch
  • Pool Features: Association
  • Pool Description: Association Pool
  • Pool: Association
  • Pool Heat: Association
  • Spa Features: Association
  • Spa Heat: Community/Common
  • Tennis: Yes
Land/Lot Info
  • Lot Features: Back Yard, Yard
  • Lease Considered: Yes
  • Available For Lease: Yes
  • Land Lease: No
  • Land Lease Type: Fee
  • Road Surface Type: Paved
  • Road Frontage Type: City Street
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Sewer/Septic: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 2
  • Parking: Yes
  • Parking Garage: Direct Entrance
  • Parking Non-Garage: Direct Garage Access
  • Parking Garage Spaces: 2
  • Parking Garage: Direct Garage Access
  • Carport Spaces: 0
  • Attached Garage: Yes
  • Parking Features: Direct Garage Access
Property / Structure Info
  • Builders Tract Name: The Gables
  • Builders Tract Code: The Gables (GABL)
  • Residential Styles: Detached
  • Residential Unit Location: No Common Walls

Property History for 81 Mercantile Way

DateEvent & SourcePriceAppreciation
Nov 21, 2025

Sold

SDMLS #OC25136867

$1,200,000—
Nov 21, 2025

Sold

CRMLS #OC25136867

$1,200,000—
Nov 21, 2025

Sold

CLAW #OC25136867MR

$1,200,000—
Nov 19, 2025

Pending

CRMLS #OC25136867

—
Oct 21, 2025

Sold (Public Record)

Public Record #1920619143

$1,200,000

+5.2% / yr

Oct 16, 2025

Pending

SDMLS #OC25136867

—
Oct 16, 2025

Pending

CLAW #OC25136867MR

—
Oct 16, 2025

Accepting Backup Offers

SDMLS #OC25136867

—
Oct 16, 2025

Accepting Backup Offers

CLAW #OC25136867MR

—
Oct 16, 2025

Accepting Backup Offers

CRMLS #OC25136867

—
Aug 20, 2025

Price Change

CLAW #OC25136867MR

$1,224,900—
Aug 20, 2025

Price Change

CRMLS #OC25136867

$1,224,900—
Aug 19, 2025

Price Change

SDMLS #OC25136867

$1,224,900—
Jul 15, 2025

Price Change

CLAW #OC25136867MR

$1,249,900—
Jul 15, 2025

Price Change

CRMLS #OC25136867

$1,249,900—
Jun 19, 2025

Listed (Active)

CRMLS #OC25136867

$1,274,900—
Jun 18, 2025

Listed (Active)

SDMLS #OC25136867

$1,274,900—
Jun 18, 2025

Listed (Active)

CLAW #OC25136867MR

$1,274,900—
Feb 1, 2004

Sold

CLAW #S328140aMR

$522,000—
Feb 1, 2004

Sold

CRMLS #S328140

$522,000—
Nov 25, 2003

Pending

CLAW #S328140aMR

—
Nov 25, 2003

Pending

CRMLS #S328140

—
Aug 29, 2003

Listed (Active)

CLAW #S328140aMR

$539,000—
Aug 29, 2003

Listed (Active)

CRMLS #S328140

$539,000—
Oct 31, 2001

Sold (Public Record)

Public Record #80083281

$355,000—
DateEvent & SourcePrice
11/21/2025

Sold

SDMLS #OC25136867

$1,200,000
11/21/2025

Sold

CRMLS #OC25136867

$1,200,000
11/21/2025

Sold

CLAW #OC25136867MR

$1,200,000
11/19/2025

Pending

CRMLS #OC25136867

—
10/21/2025

Sold (Public Record)

Public Record #1920619143

$1,200,000

+5.2% / yr

10/16/2025

Pending

SDMLS #OC25136867

—
10/16/2025

Pending

CLAW #OC25136867MR

—
10/16/2025

Accepting Backup Offers

SDMLS #OC25136867

—
10/16/2025

Accepting Backup Offers

CLAW #OC25136867MR

—
10/16/2025

Accepting Backup Offers

CRMLS #OC25136867

—
08/20/2025

Price Change

CLAW #OC25136867MR

$1,224,900
08/20/2025

Price Change

CRMLS #OC25136867

$1,224,900
08/19/2025

Price Change

SDMLS #OC25136867

$1,224,900
07/15/2025

Price Change

CLAW #OC25136867MR

$1,249,900
07/15/2025

Price Change

CRMLS #OC25136867

$1,249,900
06/19/2025

Listed (Active)

CRMLS #OC25136867

$1,274,900
06/18/2025

Listed (Active)

SDMLS #OC25136867

$1,274,900
06/18/2025

Listed (Active)

CLAW #OC25136867MR

$1,274,900
02/01/2004

Sold

CLAW #S328140aMR

$522,000
02/01/2004

Sold

CRMLS #S328140

$522,000
11/25/2003

Pending

CLAW #S328140aMR

—
11/25/2003

Pending

CRMLS #S328140

—
08/29/2003

Listed (Active)

CLAW #S328140aMR

$539,000
08/29/2003

Listed (Active)

CRMLS #S328140

$539,000
10/31/2001

Sold (Public Record)

Public Record #80083281

$355,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 81 Mercantile Way

Taxable ValueLand$357,821Additions$224,416Total$582,237
Tax Record2025$7,928 ($661 / month)
Home Facts
Beds4Baths2.5Total Finished SqFt1,860 SqFtAbove Grade Finished SqFt1,860 SqFtLot Size2,704 SqFtStyleSingle Family ResidenceYear Built2001CountyORANGEAPN759-461-45

Schools near 81 Mercantile Way

This home is within Capistrano Unified School District.
Rating
School
Type
Grades
Distance
Chaparral Elementary School
Public - K to 5
Ladera Ranch Middle School
Public - 6 to 8
Tesoro High School
Public - 9 to 12
Community Roots Academy
Charter - K to 8
Rating
School
Distance
Chaparral Elementary School
PublicK to 5

Ladera Ranch Middle School
Public6 to 8

Tesoro High School
Public9 to 12

Community Roots Academy
CharterK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Ladera Realty, Tim Wolter, DRE #01384317; Ladera Realty, Jeffrey Wolter, DRE #01738192

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.