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81 Mercantile Way

Ladera Ranch, CA 92694

4 beds
3 baths
1,860 sqft
2,704 sqft lot
$685 per sqft
2001 build
– on site

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!

Listed By CRMLS_CA / Tim Wolter / Ladera Realty / 949-338-3767

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

MLS# OC25136867 —

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

The Building

Year Built:

2001
Year Built Source:

Assessor
New Construction:

No
Total Number Of Units:

1
Foundation:

Slab
Structure Type:

House
Stories Total:

2
Entry Level:

1
Patio And Porch Features:

Covered, Front Porch
Patio:

1
Common Walls:

No Common Walls

Interior

Features:

Balcony, Ceiling Fan(s), Quartz Counters, Recessed Lighting
Levels:

Two
Entry Location:

1
Kitchen Features:

Quartz Counters, Remodeled Kitchen
Eating Area:

Breakfast Nook, Dining Room
Room Type:

All Bedrooms Up, Family Room, Kitchen, Laundry, Primary Bathroom, Primary Bedroom, Primary Suite, Walk-In Closet
Living Area Units:

Square Feet
Living Area Source:

Assessor
Fireplace:

Yes
Fireplace:

Family Room
Laundry:

Individual Room
Laundry:

1

Room Dimensions

Living Area:

1860.00

Financial & Terms

Disclosures:

CC And R's, Homeowners Association, Private Transfer Taxes

Location

Directions:

Cross Streets: Crown Valley/Sienna Pkwy
Latitude:

33.56102300
Longitude:

-117.63226800

The Property

Property Type:

Residential
Subtype:

Single Family Residence
Lot Features:

Back Yard, Yard
Lot Size Area:

2704.0000
Lot Size Acres:

0.0621
Lot Size SqFt:

2704.00
Lot Size Source:

Assessor
View:

1
View:

City Lights, Mountain(s), Valley
Road Frontage:

City Street
Road Surface Type:

Paved
Additional Parcels:

No
Land Lease:

No
Lease Considered:

Yes

Listing Agent

Contact info:

Taxes

Tax Census Tract:

320.57
Tax Tract:

15886
Tax Lot:

56

Beds

Total Bedrooms:

4

Baths

Total Baths:

3
Full & Three Quarter Baths:

2
Main Level Baths:

1
Full Baths:

2
Half Baths:

1

The Listing

Special Listing Conditions:

Standard
Parcel Number:

75946145

Heating & Cooling

Heating:

1
Heating:

Forced Air
Cooling:

Yes
Cooling:

Central Air

Utilities

Sewer:

Public Sewer
Water Source:

Public

Schools

High School District:

Capistrano Unified

The Community

Subdivision:

The Gables (GABL)
Subdivision:

The Gables (GABL)
Features:

Curbs, Gutters, Sidewalks, Storm Drains, Street Lights
Inclusions:

Washer, Dryer & Refrigerator
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
Association:

LARMAC
Association:

Yes
Association Fee:

$362
Association Fee Frequency:

Monthly
Pool:

Association
Senior Community:

No
Spa:

1
Private Pool:

No
Spa Features:

Association
Assessments:

Yes
Assessments:

Special Assessments, CFD/Mello-Roos

Parking

Parking:

Yes
Parking:

Direct Garage Access
Parking Spaces:

2.00
Attached Garage:

Yes
Garage Spaces:

2.00

Monthly cost estimate

Asking price

$1,274,900

Expense	Monthly cost
Mortgage	$6,826
Taxes	N/A
Insurance	$350
HOA fees	$362
Utilities	$192 See report
Total	$7,730/mo.^*
	^*This is an estimate

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Sale history

Date	Event	Source	Price	% Change
6/19/25 Jun 19, 2025	Listed / Active	CRMLS_CA	$1,274,900

37% of nearby similar homes sold for over asking price

Similar homes that sold in bidding wars went $40k above asking price on average, but some went as high as $150k over asking price.

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This house located in Township Village, Ladera Ranch, CA 92694 is currently for sale for $1,274,900. 81 Mercantile Way is a 1,860 square foot house with 4 beds and 3 baths that has been on Estately for 11 days. 81 Mercantile Way is in the Township Village neighborhood of Ladera Ranch and has a WalkScore® of 78, 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 Ladera Realty. Based on information from California Regional Multiple Listing Service, Inc. as of 18:47 on Jun 30.

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.