1 Dogwood, Rancho Santa Margarita, California 92688, Rancho Santa Margarita, 92688 - 2 bed, 2 bath
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1 Dogwood
Rancho Santa Margarita, California 92688
ACTIVE
CONDITION: FAIR
2Beds
2Baths
832Sq Ft
26,380Lot Size
Property Price
LIST PRICE$529,900
EST. MARKET VALUE
$519,819
SUMMARY
This High-Potential Investment Opportunity is listed at a List Price of $545,000, positioned slightly above the $527,537 Fair Market Value. While the property requires modernization, its Fair Condition Rating and unique layout—featuring Spectacular Mountain Views and Exceptional Privacy with no shared walls above or below—provide a solid foundation for value-add renovations. Located near Rancho Santa Margarita Lake, this asset offers significant lifestyle appeal. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants looking to personalize a well-located, private condominium.
Estimated Market Value
$519,819
Based on Realkey algorithm analyzing recent comparable sales in Rancho Santa Margarita.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1 Dogwood Subject 2 bd · 2 ba · 832 sqft · $625 | $529,900* List Price | 2 | 2 | 832 | $625 | - |
A 16 Buckthorn Sold 2 bd · 3 ba · 926 sqft · $670 · 0.1 mi | $620,000 | 2 | 3 | 926 | $670 | 0.1 mi |
B 7 Silktassel Sold 2 bd · 1 ba · 781 sqft · $574 · 0.1 mi | $448,000 | 2 | 1 | 781 | $574 | 0.1 mi |
C 6 Leonado Sold 2 bd · 2 ba · 1,102 sqft · $567 · 0.2 mi | $625,000 | 2 | 2 | 1,102 | $567 | 0.2 mi |
D 7 Cetrino Sold 2 bd · 2 ba · 1,102 sqft · $554 · 0.2 mi | $610,000 | 2 | 2 | 1,102 | $554 | 0.2 mi |
E 37 Via Lavendera Sold 1 bd · 1 ba · 804 sqft · $642 · 0.4 mi | $516,000 | 1 | 1 | 804 | $642 | 0.4 mi |
F 13 Brisa Del Lago Sold 1 bd · 1 ba · 869 sqft · $777 · 0.4 mi | $675,000 | 1 | 1 | 869 | $777 | 0.4 mi |
G 10 Geranium Sold 2 bd · 2 ba · 1,019 sqft · $539 · 0.5 mi | $549,000 | 2 | 2 | 1,019 | $539 | 0.5 mi |
H 74 Flor De Sol 53 Sold 2 bd · 2 ba · 800 sqft · $610 · 0.6 mi | $488,000 | 2 | 2 | 800 | $610 | 0.6 mi |
I 28 Pica Flor #44 44 Active 2 bd · 2 ba · 882 sqft · $584 · 0.2 mi | $515,000 List Price | 2 | 2 | 882 | $584 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1987 (37 years old), the property is well-maintained but dated. While the kitchen has received mid-life updates like stone countertops, the cabinetry and black appliances are older. The listing description explicitly mentions an 'opportunity to personalize,' which aligns with the Fair criteria for a home needing cosmetic updates and modernizing.
PROSSTRENGTHS & OPPORTUNITIES
- Exceptional Privacy and Layout
As an upper-end unit with only one shared wall and no neighbors above or below, this home offers a rare level of privacy and quiet for condominium living.
- Spectacular Scenic Views
The property features two spacious decks that provide breathtaking mountain and city light views, significantly enhancing the home's aesthetic appeal and value.
- Prime Location and Amenities
Situated within walking distance of Rancho Santa Margarita Lake, the home offers convenient access to premium community features including pools, tennis courts, and parks.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =26380, other record lot size in square feet = 47537.
- Compact Square Footage
At 832 square feet, the living space is relatively small for a two-bedroom floor plan, which may limit furniture options and storage for some residents.
- Need for Modernization
The listing highlights an 'opportunity to personalize,' suggesting that the interior finishes may be dated and require additional capital investment to meet modern standards.
About 1 Dogwood
Views! Views! Views! Welcome to Mission Courts II! This light, bright, and private upper-end unit offers spectacular mountain views from two spacious decks and an ideal location with only one shared wall and no one above or below. Windows on three sides fill the home with natural light, and you're just a short stroll from beautiful Rancho Santa Margarita Lake. This 2-bedroom, 2-bath home features a functional floor plan with soaring vaulted ceilings, a cozy fireplace, and an oversized A/C unit. The versatile second room is currently configured as a den, offering flexibility as a home office, guest room, or easily restored second bedroom. The home provides an excellent opportunity to personalize and create the living space that fits your style while enjoying its outstanding location, desirable layout, exceptional privacy, and breathtaking views. The property also includes a detached one-car garage and an additional assigned parking space. Residents enjoy outstanding community amenities, including a pool, tennis courts, parks, and convenient access to nearby shopping, restaurants, schools, and the scenic Rancho Santa Margarita Lake.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1987
- Lot Size
- 26,380 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $492.29 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 832 | 1,056.017 |
| Lot Size | 26,380 | 26,968.576 |
| Price | $529.9K | $672.1K |
| Price per sq ft | $637 | $625 |
| Built year | 1987 | 1990 |
| HOA | $492.29 | $470 |
| Days on market | 46 | 54 |
Pricing History
Listed for Sale
Sep 30, 2026
$529,900
$545,000
-3% Price Drop
Initial Listing
Price Change
Sep 9, 2026
$545,000
Initial Listing
Sold
Jun 17, 2014
$307,500
Public Record