Wagon Wheel is a peaceful hillside community in Trabuco Canyon featuring five single-family home neighborhoods and one condominium community. Surrounded by scenic open space, parks, and nearby hiking trails, the community offers a variety of floor plans ranging from entry-level condominiums to spacious executive homes, including the gated neighborhood of Stonecliffe. With no through traffic, highly regarded Capistrano Unified School District schools, convenient access to the 241 Toll Road, and a quiet residential setting, Wagon Wheel continues to be one of South Orange County's most desirable places to call home.
Single-Family Homes — Trailing 12 Months (as of November 6, 2026)
Median Sale Price: $1,300,000 (↑ 3.59% year-over-year)
Median Days on Market: 31 days
Based on 25 closed sales
The Wagon Wheel single-family median rose 3.59% year-over-year, but most of that gain reflects larger homes selling, not rising values. The homes that sold this year had a median of 2,055 square feet, compared with 1,980 a year earlier. Meanwhile, the median price per square foot slipped 2.1%, from $638 to $624. With only 25 sales, the median moves with the mix of homes that happened to sell, including size, lot, view, condition, and model type. Homes sold faster than a year ago, in a median of 31 days compared with 42, at a median of 98.6% of list price. That pace stands out as the Orange County market slows: at the current rate of sales, it would take 115 days to sell every detached home on the market, up from 80 days a year ago. Buyers have room to negotiate, so pricing right from the start matters.
Condominiums — Trailing 12 Months (as of November 6, 2026)
Median Sale Price: $650,000 (↑ 4.00% year-over-year)
Median Days on Market: 16 days
Based on 12 closed sales
The Wagon Wheel condominium median, anchored by the Dakota neighborhood, rose 4.00% year-over-year. As with single-family homes, the condos that sold this year were larger, a median of 1,080 square feet versus 874, and the median price per square foot fell 9.6%, from $698 to $631. Sales slowed from 19 closings to 7, and buyers paid a median of 99.4% of list price, down from 101.3% a year ago. Condos still sold quickly, in a median of 16 days compared with 9. Countywide, it would now take 131 days to sell every condo and townhome on the market, up from 88 days last year. With only 7 closed sales, a single sale can move the median noticeably, so a property-specific analysis matters more than the headline number. Across the county, homes priced right from the start sold at full asking price. Homes that needed a price cut of 5% or more sold for about 10% below their original asking price. Precise pricing is what separates homes that move from homes that sit.
Market analysis by Kristina Nagel, Realtor® and SRES® | Berkshire Hathaway HomeServices California Properties.
Sources:
CRMLS data as of November 6, 2026. Market statistics reflect closed sales for the trailing 12-month period compared with the prior 12-month period. Steven Thomas, Reports on Housing, October 26, 2026
Las Flores values vary significantly based on lot size, view orientation, upgrades, and model type. For a confidential property-specific analysis, contact Kristina Nagel for a tailored market review.
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Built by Kaufman & Broad, California Crosswinds features 125 detached homes ranging from approximately 1,487 to 1,963 square feet. The neighborhood is known for its efficient family-friendly floor plans, dramatic vaulted ceilings, covered front porches, and comfortable living spaces. Floor plans offer three to four bedrooms, with many homes featuring fireplaces, breakfast nooks, kitchen islands, and private backyards.
California Landmark, built by Kaufman & Broad, is the largest single-family neighborhood in Wagon Wheel with 191 detached homes. Seven floor plans range from approximately 1,777 to 2,566 square feet, offering three- to five-bedroom layouts designed for growing households. Many homes feature family rooms, breakfast nooks, fireplaces, and three-car garages, while select Sheridan models offered buyers the choice of either a fifth bedroom or an expanded primary suite, providing flexibility that remains desirable today.
California Laredo represents Wagon Wheel's premier collection of larger homes. Built by Kaufman & Broad, the neighborhood includes 100 detached homes ranging from approximately 1,783 to 2,841 square feet. Every home includes a three-car garage, while most floor plans offer four or five bedrooms. The rare single-story Hollyhock model—only five were built—is one of Wagon Wheel's most sought-after floor plans.
California Silverado consists of 148 detached homes built by Kaufman & Broad, with floor plans ranging from approximately 1,356 to 1,893 square feet. Offering three thoughtfully designed floor plans, California Silverado is known for making excellent use of space while maintaining the feel of a detached home. Many residences feature vaulted ceilings, fireplaces, breakfast nooks, kitchen islands, covered porches, and private backyards.
Stonecliffe is Wagon Wheel's only gated neighborhood, built by Western Pacific Housing. The community features 145 detached homes ranging from approximately 2,111 to 3,219 square feet and offers a private community pool and spa. Homes include three-car garages and spacious four- to seven-bedroom floor plans, including one of Wagon Wheel's largest and most distinctive models.
Dakota is Wagon Wheel's only condominium neighborhood, featuring 209 attached homes built by Western Pacific Housing. The four floor plans range from approximately 835 to 1,117 square feet, with all residences offering two bedrooms. Designed with Spanish-inspired architecture, many homes feature private balconies or enclosed rear yards, gas fireplaces, central air conditioning, and individual laundry areas. Residents enjoy a community pool and spa, while select Aspen and Taos floor plans include direct-access two-car garages—a feature rarely found in condominium communities of this size.
Wagon Wheel is served by the Capistrano Unified School District. Depending on the home's location, students typically attend Wagon Wheel Elementary School or Las Flores TK-8 School before continuing to Tesoro High School. School attendance boundaries are subject to change, so buyers should verify current assignments directly with the district.
Thinking about buying or selling in Wagon Wheel, Trabuco, Canyon?
With 40 home sales tracked over the past twelve months, this is a small, precise market where every data point matters. Housing values have plateaued across Orange County, which means strategy and pricing are everything right now. When you're ready to move, we have the tools, marketing, and support to execute flawlessly on your behalf.
Data is powerful. Strategy is everything.
Kristina Nagel, Realtor® | SRES®
949.482.0073
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3,062 people live in Wagon Wheel, where the median age is 39 and the average individual income is $75,556. Data provided by the U.S. Census Bureau.
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There's plenty to do around Wagon Wheel, including shopping, dining, nightlife, parks, and more. Data provided by Walk Score and Yelp.
Explore popular things to do in the area, including Jeff's Sports Connection, and Wagon Wheel YMCA Childcare.
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| Active | 0.53 miles | 11 reviews | 5/5 stars | |
| Active | 1.08 miles | 1 review | 3/5 stars | |
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Wagon Wheel has 1,016 households, with an average household size of 3. Data provided by the U.S. Census Bureau. Here’s what the people living in Wagon Wheel do for work — and how long it takes them to get there. Data provided by the U.S. Census Bureau. 3,062 people call Wagon Wheel home. The population density is 6,995 and the largest age group is Data provided by the U.S. Census Bureau.
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