12 Via Empanada, Rancho Santa Margarita, California 92688, Rancho Santa Margarita, 92688 - 2 bed, 2 bath
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Rancho Santa Margarita, California 92688
This Single-Story Condominium is a High-Potential Investment Opportunity, listed at $1,074,900—positioned above the $963,983 Fair Market Value. While the list price exceeds the current valuation, the property offers significant lifestyle value through its Panoramic Golf Course Views, PEX Repiping, and a Fair Condition Rating. Located in the Capistrano Unified School District near top-rated schools like Arroyo Vista Middle, this home provides a stable, well-maintained environment. It is an ideal acquisition for Downsizers or Owner-Occupants seeking a premium, low-maintenance lifestyle in Rancho Santa Margarita.
Single-story condo in Rancho Santa Margarita with panoramic golf course views. Features PEX repiping, 2 beds, 2 baths, and access to top-rated Capistrano schools.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 12 Via Empanada Subject | $1,074,900* List Price | 2 | 2 | 1,503 | $568 | - |
A 59 Fuente Sold | $1,000,000 | 3 | 3 | 1,777 | $563 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1992 (34 years old), the property is well-maintained and move-in ready, featuring recent cosmetic updates like new carpet and vinyl flooring. It also boasts a major system upgrade with PEX repiping. However, based on the age and description of white cabinets and original bathroom configurations, the core kitchen and bath aesthetics remain dated, placing it in the 'Fair' category for homes over 20 years old.
Middle School: Arroyo Vista Middle School (9/10).
The property boasts exceptional panoramic views of the Tijeras Creek Golf Course from the living room, primary suite, and private patio, significantly enhancing its market appeal.
As a single-level home with vaulted ceilings and an open floor plan, this property offers high accessibility and a spacious feel that is highly coveted by downsizers and professionals alike.
The association fee of $633 per month is relatively high, which increases the total monthly carrying cost and may impact the debt-to-income ratio for some buyers.
While well-maintained, the kitchen's white cabinetry and vinyl flooring suggest a need for cosmetic modernization to compete with fully renovated luxury units in the same price bracket.
Enjoy panoramic views of Tijeras Creek Golf Course from this two bedroom single-story home in the Alicante tract of Rancho Santa Margarita! The living room features a vaulted ceiling, fireplace, vinyl flooring, and large windows that bring in natural light, while the formal dining room offers additional space for entertaining. The kitchen includes white cabinets, vinyl flooring, plantation shutters, solarium windows, and a breakfast nook. The primary suite overlooks the golf course and features a vaulted ceiling and new carpet. The ensuite bath includes a skylight, dual vanity, a soaking tub, a separate walk-in shower, and a walk-in closet. The secondary bedroom, currently used as an office, offers new carpet and built in desk with cabinets. The hallway features an interior laundry area with storage cabinets. Outside, the private patio overlooks Tijeras Creek Golf Course, offering a beautiful place to relax and enjoy the view! Additional highlights include PEX repiping and a two-car garage with a driveway. Residents enjoy access to the Alicante pool and spa, along with Rancho Santa Margarita's parks, pools, lake, tennis courts, trails, and community events.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades 6-8 • 0.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,503 | 1,093 |
| Lot Size | - | 26,135 |
| Price | $1.07M | $681.3K |
| Price per sq ft | $715 | $638 |
| Built year | 1992 | 1991 |
| HOA | $633.0 | $463 |
| Days on market | 42 | 51 |
Jun 10, 2026
$1,074,900
Initial Listing