10 Acorn, Rancho Santa Margarita, California 92688, Rancho Santa Margarita, 92688 - 3 bed, 3 bath
10 Acorn
Rancho Santa Margarita, California 92688
Property Price
SUMMARY
Analysis of 10 Acorn, Rancho Santa Margarita, California 92688 reveals a property with a current list price of $1,099,000, which is 8% above the estimated $1,009,298 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Rancho Santa Margarita Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 10 Acorn Subject | $1,099,000* List Price | 3 | 3 | 1,470 | $687 | - |
A 12 Paseo Vecino Sold | $1,095,000 | 4 | 3 | 1,651 | $663 | 0.7 mi |
B 19 Calle De Arena Sold | $1,200,000 | 3 | 3 | 2,000 | $600 | 0.6 mi |
C 15 Paseo Vespertino Active Under Contract | $1,149,900 List Price | 3 | 3 | 1,493 | $770 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The property is move-in ready and features several high-value updates including a new HVAC system, a new water heater, and updated bathrooms. While the home was built in 1996, the presence of newer kitchen appliances, fresh exterior paint, and modern low-maintenance landscaping like artificial turf and pavers indicates a well-maintained residence that exceeds the standard for its age.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Location and Walkability
Ideally situated on a corner lot within walking distance to elementary, middle, and high schools, as well as local parks and shopping centers, offering peak suburban convenience.
- Significant Capital Upgrades
The property features essential high-ticket improvements including a brand new HVAC system, a new water heater, and updated bathrooms, reducing immediate maintenance costs for the buyer.
- Architectural Volume and Light
Soaring cathedral ceilings and strategic south-facing windows maximize natural light, creating an airy and spacious feel that enhances the home's 1,470 square foot layout.
CONSRISKS & DEFICIENCIES
- Limited Lot Size
The 2,500 square foot lot is relatively small for a detached single-family home, resulting in a compact backyard that may not satisfy buyers looking for significant outdoor space.
- Modest Interior Square Footage
With under 1,500 square feet of living space, the home may feel restrictive for larger families or those requiring expansive secondary bedrooms and storage.
About 10 Acorn
Charming corner lot single-family home featuring 3 bedrooms and 2.5 baths with soaring cathedral ceilings and abundant natural light throughout. Desirable south-facing windows brighten the home beautifully — perfect for cheerful living spaces and thriving houseplants. Enjoy a spacious living room and welcoming front parlor ideal for a sitting area, home office, or guest reception space. The kitchen offers generous cabinet storage and newer appliances, making everyday living and entertaining easy. Thoughtful upgrades include a new AC/HVAC unit, brand new water heater, updated bathrooms, and a new garage door trolley. The home showcases a beautiful exterior paint that extends the warmth of the interior outward, complemented by a well-groomed front yard and inviting curb appeal. The backyard is designed for low-maintenance enjoyment with pavers and artificial turf, plus an additional side yard space perfect for a cozy reading nook, morning coffee retreat, or garden area. Ideally situated between popular marketplaces, this home offers exceptional convenience with nearby grocery stores, everyday shopping, and dining just minutes away. Elementary, Middle, and High Schools are within walking distance, along with community pool access and close proximity to Oaktree Park and Avelino Park — affectionately known by residents as “Baby Park.” A wonderful opportunity to own a well-maintained home that blends comfort, charm, convenience, and community. Professional Photos to be uploaded on Wednesday, March 4.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1996
- Lot Size
- 2,500 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $135.0 / Month
Neighborhood Insights
Rancho Santa Margarita Unified Schools
Las Flores Elementary School
Grades K-5 • 0.5 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 45% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,470 | 1,967 | 12% |
| Lot Size | 2,500 | 4,384.5 | 4% |
| Price | $1.10M | $1.21M | 23% |
| Price per sq ft | $748 | $636 | 87% |
| Built year | 1996 | 1993 | 63% |
| HOA | $135.0 | $87 | 71% |
| Days on market | 6 | 157 | 2% |
Pricing History
Listed for Sale
Mar 1, 2026
$1,099,000
Initial Listing
Sold
Apr 18, 2006
$644,000
Public Record
Sold
Apr 26, 1996
$173,500
Public Record