10 Paulownia, Rancho Santa Margarita, California 92688, Rancho Santa Margarita, 92688 - 4 bed, 3 bath
Loading property details...
Rancho Santa Margarita, California 92688
This Turnkey Single Family Residence represents a Prime Investment Opportunity, listed at $1,299,000—positioned well below the $1,335,275 Fair Market Value by 2%. This valuation gap offers $36,275 in Instant Equity for the buyer. Featuring a Mint Condition Rating, the home includes a remodeled kitchen, private pool, and full home repipe. Located in the Saddleback Valley Unified district, this property offers a low-maintenance lifestyle with no Mello-Roos. It is an ideal acquisition for Owner-Occupants or discerning homebuyers seeking immediate, move-in ready quality.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 10 Paulownia Subject | $1,299,000* List Price | 4 | 3 | 1,752 | $762 | - |
A 16 Mapache Sold | $1,315,000 | 4 | 3 | 1,977 | $665 | 0.5 mi |
B 6 Calle Rienda Sold | $1,200,000 | 4 | 3 | 1,660 | $723 | 0.7 mi |
C 16 Las Piedras Sold | $1,238,000 | 4 | 3 | 1,886 | $656 | 0.3 mi |
D 20 Osoberry Sold | $1,265,000 | 3 | 3 | 1,551 | $816 | 0.5 mi |
E 31 Alumbre Sold | $1,200,000 | 3 | 3 | 1,551 | $774 | 0.5 mi |
F 4 Firethorn Sold | $1,060,000 | 3 | 3 | 1,522 | $696 | 0.2 mi |
G 20 Crucillo Active | $1,095,000 List Price | 3 | 3 | 1,522 | $719 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While built in 1987, the property has undergone a comprehensive recent renovation (likely <5 years) featuring a remodeled kitchen and bathrooms with modern finishes. Critical systems are updated including a newer HVAC, furnace, tankless water heater, and a full home repipe, placing it in mint, move-in ready condition.
The property is truly move-in ready, featuring a full home repipe, newer HVAC and furnace, tankless water heater, dual-pane windows, and a whole-house water softener, significantly reducing future maintenance costs for the buyer.
The home boasts a private backyard oasis with a sparkling pool and spacious patio, a premium feature that enhances the lifestyle and entertainment value within the Las Flores community.
With no Mello-Roos and a low $91 monthly association fee, this property offers a lower tax rate and lower carrying costs compared to many other developments in South Orange County while still providing access to premier community amenities.
The property record indicates no specific view, which may be a disadvantage compared to other homes in Rancho Santa Margarita that offer hillside, lake, or city light vistas.
At 1,752 square feet for a four-bedroom configuration, the individual room sizes and common areas may feel somewhat constrained for buyers seeking a more expansive floor plan.
Welcome to Las Flores in Rancho Santa Margarita! This beautifully updated 4-bedroom, 2.5 bath pool home offers modern upgrades, stylish finishes, and an ideal layout for everyday living and entertaining. Recent improvements include new dual-pane windows, luxury vinyl flooring, fresh interior paint, recessed lighting, remodeled bathrooms and kitchen cabinetry, newer HVAC, newer furnace, tankless water heater, full home repipe, and a whole house water softener system. Step inside to vaulted ceilings, abundant natural light, and an open-concept floor plan that creates a warm and inviting atmosphere. The remodeled kitchen features modern finishes and opens seamlessly to the spacious family room with fireplace. Upstairs, the primary suite offers a peaceful retreat filled with natural light. Enjoy your private backyard oasis complete with a sparkling pool, spacious patio areas, and plenty of room to entertain or relax year-round. The garage features an epoxy-coated floor and recessed lighting for a clean, finished look. Located near shopping, dining, toll roads, and award-winning schools, residents also enjoy Rancho Santa Margarita’s incredible amenities including the Beach Club, lake, pools, tennis courts, parks, and scenic hiking trails. No Mello-Roos and truly move-in ready!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,752 | 1,970 | 45% |
| Lot Size | 4,500 | 4,463.5 | 50% |
| Price | $1.30M | $1.26M | 58% |
| Price per sq ft | $741 | $657 | 80% |
| Built year | 1987 | 1993 | 22% |
| HOA | $91.0 | $91 | 50% |
| Days on market | 17 | 134 | 10% |
May 28, 2026
$1,299,000
Initial Listing
Feb 27, 2024
$1,050,000
Public Record
Jan 13, 1999
$243,000
Public Record