
Rancho Santa Margarita, California 92688
This Turnkey Townhouse is a Strong Value Opportunity, listed at $695,000—positioned well below the $726,411 Fair Market Value by 4%. This valuation gap offers $31,411 in Instant Equity for the buyer. Featuring a Condition Rating of 2, the home boasts high-end marble finishes, new wood flooring, and PEX piping. Located in the Saddleback Valley Unified district with access to top-rated schools, this property is an ideal sanctuary for first-time buyers or owner-occupants seeking a move-in ready lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 103 Camino Del Oro Subject 2 bd · 2 ba · 1,110 sqft · $654 | $695,000* List Price | 2 | 2 | 1,110 | $654 | - |
A 46 Tierra Montanosa Sold 2 bd · 3 ba · 1,241 sqft · $637 · 0.9 mi | $790,000 | 2 | 3 | 1,241 | $637 | 0.9 mi |
B 47 Via Madera Active 3 bd · 3 ba · 1,499 sqft · $567 · 0.0 mi | $849,800 List Price | 3 | 3 | 1,499 | $567 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Despite being built in 1991, the townhome has undergone a recent, high-end renovation within the last 5 years. It features a modern kitchen with elegant marble countertops, fully upgraded bathrooms with contemporary fixtures and tile, new wide-plank wood flooring throughout, and a community-wide PEX piping upgrade, making it completely move-in ready with no deferred maintenance.
The home features contemporary wide-plank wood flooring, elegant marble countertops, and a fully remodeled primary bathroom, offering a sophisticated, move-in-ready aesthetic.
As an end-unit with soaring vaulted ceilings and an open floor plan, the property offers enhanced privacy and significantly more natural light than standard interior units.
Residents benefit from both Cabo Vista's private facilities and the extensive Rancho Santa Margarita association perks, including the lake, beach club, and multiple sports courts.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =25172, other record lot size in square feet = 1399.
The monthly HOA fee of $677 is relatively high for a two-bedroom townhome, which may impact the overall monthly affordability for some buyers.
With 1,110 square feet of living space, the home is somewhat compact, which could be a constraint for those requiring larger common areas or significant storage.
Welcome to this light and bright end-unit townhome, ideally located in the desirable and peaceful Cabo Vista community. This home offers a welcoming blend of comfort, style, and privacy. The entry from the attached garage leads directly into the home and opens to soaring ceilings, an open floor plan, and a cozy fireplace that creates an inviting focal point. The spacious kitchen showcases elegant white and gray marble countertops, along with a convenient walk-in pantry that includes a stackable washer and dryer. Beautiful wide-plank wood flooring has been installed throughout the home, creating a warm and contemporary feel. The primary suite features a high vaulted ceiling and walk-in closet. The upgraded primary bathroom offers dual sinks, a large walk-in shower, and stylish, updated fixtures and tile. Upstairs, you'll find a second bedroom/loft with a full bathroom, providing a versatile space that can also be used as a home office, guest room, or additional living space. The attached garage provides direct access into the home for added convenience. The community has also been upgraded with PEX piping. Residents can enjoy the community pool and spa, complete with a BBQ and picnic area. The well-maintained Melinda Heights neighborhood offers an excellent location with convenient access to shopping, dining, recreation, major roads, and nearby attractions. Enjoy all that Rancho Santa Margarita has to offer, including the lake, clubhouse, beach club, four pools, basketball and tennis courts, multiple parks, ball fields, trails, and bike paths. The home is also conveniently located near the toll road and golf courses, approximately 15 minutes from Irvine Spectrum and 25 minutes from Dana Point Harbor. A wonderful opportunity to enjoy comfortable Southern California living in a beautifully maintained community.
No exterior & parking available.
Grades K-6 • 0.6 mi
Grades 7-8 • 2.1 mi
Grades 9-12 • 1.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.6 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,110 | 1,455.6 |
| Lot Size | 25,172 | 25,497.667 |
| Price | $695.0K | $859.1K |
| Price per sq ft | $626 | $615 |
| Built year | 1991 | 1990 |
| HOA | $677.0 | $512 |
| Days on market | 28 | 71 |
Sep 27, 2026
$695,000
Initial Listing
Apr 7, 2021
$525,000
Public Record
Apr 16, 2018
$439,000
Public Record
Jan 21, 2015
$320,000
Public Record
Nov 12, 2009
$250,000
Public Record
Aug 18, 2005
$430,000
Public Record