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Welcome to 38 Mesquite in Trabuco Canyon – A Hidden Gem in Wagon Wheel! This charming townhome-style condo is tucked away in one of South OC’s most desirable communities. Featuring 2 bedrooms, 1 bathroom, and 808 square feet of comfortable living space, this home is ideal for first-time buyers, investors, or anyone looking to downsize without compromise. You'll love the privacy—no neighbors above or below—and the serene setting with your own gated courtyard. The tranquil courtyard is a perfect setting for relaxing or entertaining guests. It backs to beautiful wilderness and open space, making this a highly sought-after location. Inside, the open-concept layout offers light wood flooring, tremendous natural sunlight, and a spacious kitchen that flows right into the dining and family rooms. Step outside the dining area to your private covered patio—perfect for entertaining, relaxing, or soaking in those stunning California evenings. Both bedrooms are generously sized, offering flexible space for remote work or guest accommodations. The home also features a newer water heater and AC, providing added comfort and peace of mind. A direct-access one-car garage (with great storage), an additional assigned parking spot, and plenty of guest parking make day-to-day living easy and convenient. The community itself includes resort-style amenities like a pool and hot tub, and you're just a short stroll to the beautiful Thomas F. Riley Wilderness Park and top-rated Tesoro High School. Commuters will appreciate the easy access to the 241 Toll Road and 5/405 freeways, while nearby trails, shopping, dining, and award-winning schools round out the unbeatable location. Low HOA, low taxes, and no Mello Roos—this Wagon Wheel Dakota condo is move-in ready and waiting for you to make it yours! Run, don’t walk to see this one!
Listing agent: Justin Green DRE #01924005 justin@greengroupre.com, Listing office: Harcourts Prime Properties
MLS data updated 10/31/2026, 1:54:55 PM PT
Source: CRMLS, MLS #: OC25087022
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
May 27, 2025
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
$592,000Closed sale · May 27, 2025ZIP 92679 · May 2025
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.