10 Timbre, Rancho Santa Margarita, California 92688, Rancho Santa Margarita, 92688 - 2 bed, 2 bath
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Rancho Santa Margarita, California 92688
This Turnkey Renovated Condominium is listed at $575,000, representing a fair market entry aligned with its $568,277 Fair Market Value. Boasting an Excellent Condition Rating, the residence features a modernized kitchen with soft-close cabinetry, stone countertops, and new flooring throughout. The lifestyle is elevated by a private mountain-view balcony and exclusive access to the Lago Santa Margarita Beach Club and community pool. Located within the Saddleback Valley Unified district near the 9/10 rated Arroyo Vista Middle School, this move-in-ready sanctuary is the perfect fit for first-time buyers or Owner-Occupants seeking a polished, low-maintenance lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 10 Timbre Subject | $575,000* List Price | 2 | 2 | 814 | $698 | - |
A 4 Paseo Estrellas Sold | $699,000 | 2 | 2 | 1,110 | $630 | 1.0 mi |
B 130 Morning Glory Sold | $710,000 | 2 | 2 | 1,072 | $662 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1990, the property has undergone an extensive recent renovation within the last 5 years. The interior features a fully upgraded kitchen with modern white shaker soft-close cabinetry, stone countertops, and stainless steel appliances. Both bathrooms have been modernized with new vanities and showers. With fresh interior paint, new carpeting, and updated fixtures throughout, the home is in like-new condition with no visible deferred maintenance.
Middle School: Arroyo Vista Middle School (9/10).
The property is move-in ready featuring significant updates including a remodeled kitchen with soft-close cabinetry, new carpeting, fresh interior paint, and modernized bathroom vanities and showers.
With a recent price reduction from $620,000 to $575,000 and an explicitly motivated seller, this condo represents a high-value opportunity in a desirable community.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =11538, other record lot size in square feet = 1154.
At 814 square feet for a two-bedroom, two-bathroom configuration, the interior layout is relatively compact, which may feel restrictive for some buyers.
The washer and dryer hookups are located in the garage rather than inside the living unit, which may be seen as a convenience drawback compared to newer condo developments.
NEWLY LOWED AND ATTRACTIVE PRICING, SELLER MUST SELL , EXTREMELY MOTIVATED. TO A must see! Beautiful mountain side view located just minutes away from Lago Santa Margarita Beach Club. Quite location. Newly updated 2-bedroom, 2-bath condo located in the desirable Los Portillos community. This unit features a private balcony, upgraded kitchen with soft-close cabinets, stove and refrigerator, new carpet, fresh interior paint, and updated bathroom vanities and showers. Open living area includes a gas fireplace. Property includes access to a one-car garage offering extra space for storage, one designated covered carport, and washer/dryer hookups located in the garage. HOA community with access to amenities including a community pool and spa.
No exterior & parking available.
Grades K-5 • 0.9 mi
Grades 6-8 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 814 | 1,010 | 31% |
| Lot Size | 11,538 | 17,755 | 41% |
| Price | $575.0K | $650.0K | 40% |
| Price per sq ft | $706 | $656 | 78% |
| Built year | 1990 | 1990 | 50% |
| HOA | $450.0 | $452 | 49% |
| Days on market | 70 | 170 | 14% |
Mar 13, 2026
$575,000
$599,000
-4% Price Drop
Initial Listing
Feb 20, 2026
$599,000
$620,000
-3% Price Drop
Initial Listing
Feb 11, 2026
$620,000
Initial Listing
Jan 6, 2022
$480,000
Public Record
Mar 31, 2005
$358,000
Public Record
Apr 29, 1999
$110,000
Public Record