The desirable Rainbow Ridge Condominiums are located in North Mission Viejo by the intersection of Marguerite Parkway and Santa Margarita Parkway. These sought-after townhomes are located within walking distance of the local high school, shopping, dining, and just around the corner you will find the magnificent Mission Viejo Lake where you can enjoy beaches, fishing, boating, and summer concerts. The Rainbow Ridge subdivision was built in the mid to late 1980’s by the renowned builder – The Mission Viejo Company. This friendly, tightly nit community consists of 312 townhomes comprising of 39 buildings, with an assortment of models and styles assured to fit most buyers needs. The 4 diverse floor plans are as follows:
- Plan A – Cobalt – 2 bedrooms, 1 bath, 840 sqft, 1 car garage
- Plan B – Coral – 2 bedrooms, 1.25 baths, 993 sqft, 1 car garage
- Plan C – Crystal – 2 bedrooms, 2 baths, 1,221 sqft, 1 car garage
- Plan D – Crimson- 3 bedrooms, 3 baths, 1,308 sqft, 1 car garage
Each spacious condo includes a fireplace. The home owners’ association dues are approximately $220 and includes a community swimming pool, spa, trash service, landscape maintenance, exterior of home maintenance, and property insurance. There is no Mello-Roos in Rainbow Ridge.
Currently, Condo prices in Rainbow Ridge in Mission Viejo range in price from $320,000 to $370,000 for the 2 bedroom – 1 bath floor plan. For the 2 bedroom, 1.25 to 2 bath models, the price range varies from $375,000 to $430,000. For the largest 3 bedroom, 3 bath floor plan the prices range from $475,000 to $550,000
The street names that make up the Rainbow Ridge community are as follows: Amber, Aqua, Auburn, Chestnut, Cinnamon, Cobalt, Crimson, Fuchsia, Hazel, Ivory, Jade, Lavender, Magenta, Mauve, Persimmon, Rose, Tangerine, Teal, and Violet.
The Rainbow Ridge Community is located within the award winning Capistrano Unified School District. The grade school classes are administered at Montevideo Elementary School, the intermediate school is La Paz Middle School and the upper grades are conducted at Trabuco Hills High School, a short walk away.
If you would like to view all Condos for sale in Mission Viejo, please visit our website at: Mission Viejo Condominiums. If you would like more information about Rainbow Ridge community, or if you would like to see the inside of any Condo for sale, please feel free to contact us at: 949-388-3396 or by email at: Info@SearchOCHomes.com
