1 Buttercup 42, Rancho Santa Margarita, California 92688, Rancho Santa Margarita, 92688 - 3 bed, 3 bath

1 Buttercup 42, Rancho Santa Margarita, California 92688 home-pic-0
ACTIVE$940,000
1 Buttercup 42, Rancho Santa Margarita, California 92688
3Beds
3Baths
1,423Sqft
30,296Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Loan Assumption Opportunity: The property offers an amazing loan assumption opportunity, potentially providing a significant financial advantage to qualified buyers.
Top Cons:
Monthly HOA Fees: The property incurs a monthly association fee of $256.0, which adds to the overall cost of homeownership.

Compared to the nearby listings

Price:$940.0K vs avg $655.0K (+$285,000)93%
Size:1,423 sqft vs avg 1,024 sqft85%
Price/sqft:$661 vs avg $66447%

More Insights

Built in 1986 (39 years old).
Condition: Built in 1986, this property has undergone significant recent upgrades, including new double-paned vinyl windows, furnace, ductwork, and water heater, ensuring major systems are well within their lifespan. The kitchen is updated with modern white cabinets, stainless steel appliances, and subway tile, presenting a clean and functional aesthetic. Bathrooms are also updated, clean, and well-maintained. While not a brand-new build, the extensive recent renovations make this home move-in ready with minimal wear and tear, aligning with a 'Good' condition.
Year Built
1986
Close
-
List price
$940K
Original List price
$940K
Price/Sqft
$661
HOA
$256
Days on market
-
Sold On
-
MLS number
OC25126429
Home ConditionGood
Features
Good View: Neighborhood, Pool
Patio
ViewNeighborhood, Pool

About this home

AMAZING LOAN ASSUMPTION OPPORTUNITY! Step through double doors into a bright, open-concept living space featuring a charming brick fireplace, recessed lighting, soaring ceilings, and an abundance of natural light. The living room seamlessly connects to the dining area and kitchen, creating the perfect setup for entertaining. Glass doors lead to a private outdoor patio. The updated kitchen boasts stainless steel appliances, crisp white cabinets, and classic white subway tile, all bathed in natural light. Upstairs, spacious bedrooms offer comfort and style. The primary suite is a true retreat with a ceiling fan, dual-sink vanity, and a private water closet in the ensuite bathroom. Enjoy a private backyard with lush grass and a paved patio—perfect for morning coffee or evening gatherings. Recent Upgrades Include: all new double paned updated vinyl windows, new water heater, new furnace, all new ductwork throughout, attic temperature regulation fan, upgraded lawn with automatic sprinkler system, 2-car attached garage with brand new system plus new custom built in cabinets. Enjoy access to resort-style HOA amenities. Don’t miss your chance to tour this stunning home—schedule your visit today!

Condition Rating
Good

Built in 1986, this property has undergone significant recent upgrades, including new double-paned vinyl windows, furnace, ductwork, and water heater, ensuring major systems are well within their lifespan. The kitchen is updated with modern white cabinets, stainless steel appliances, and subway tile, presenting a clean and functional aesthetic. Bathrooms are also updated, clean, and well-maintained. While not a brand-new build, the extensive recent renovations make this home move-in ready with minimal wear and tear, aligning with a 'Good' condition.
Pros & Cons

Pros

Loan Assumption Opportunity: The property offers an amazing loan assumption opportunity, potentially providing a significant financial advantage to qualified buyers.
Extensive Recent Upgrades: Numerous critical updates have been completed, including new double-paned vinyl windows, water heater, furnace, ductwork, attic temperature regulation fan, upgraded lawn with automatic sprinklers, and a new garage system with custom cabinets.
Modern Open-Concept Living: Features a bright, open-concept living space with soaring ceilings, recessed lighting, a charming brick fireplace, and abundant natural light, ideal for entertaining.
Updated Kitchen & Primary Suite: The kitchen boasts stainless steel appliances, crisp white cabinets, and subway tile, while the primary suite offers a dual-sink vanity and private water closet, enhancing comfort and style.
Private Outdoor Space & HOA Amenities: Includes a private backyard with lush grass and a paved patio, complemented by access to resort-style HOA amenities.

Cons

Monthly HOA Fees: The property incurs a monthly association fee of $256.0, which adds to the overall cost of homeownership.
Condominium Living: As a condominium, the property may involve shared walls and potential restrictions on exterior modifications, which might not appeal to all buyers seeking full autonomy.
Absence of Central Air Conditioning: While a new furnace and ductwork are mentioned, there is no explicit mention of central air conditioning, which could be a drawback during warmer months in Southern California.

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