
Rancho Santa Margarita, California 92688
This Move-In Ready Condominium is a Strong Value Opportunity, listed at $570,000—positioned well above the $546,752 Fair Market Value by 4%. While priced slightly above market, the property maintains a Good Condition Rating with recent kitchen and bath renovations. Residents enjoy a functional single-level layout, access to premium SAMLARC amenities, and proximity to the highly-rated Arroyo Vista Middle School (9/10). With its detached garage and community lifestyle perks, this home is an ideal choice for first-time buyers or owner-occupants seeking a turnkey residence in Rancho Santa Margarita.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 123 Timbre Subject | $570,000* List Price | 2 | 2 | 827 | $661 | - |
A 3 Calle De Los Ninos Sold | $740,000 | 2 | 3 | 911 | $812 | 0.8 mi |
B 130 Morning Glory Sold | $710,000 | 2 | 2 | 1,072 | $662 | 0.8 mi |
C 96 Abrigo Active | $610,000 List Price | 2 | 2 | 827 | $738 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1992, this property has been well-maintained and features recent cosmetic renovations. The kitchen has been updated with quartz countertops, a subway tile backsplash, and high-end stainless steel appliances. The bathrooms feature modern vanities and updated flooring. While some elements like the cabinet frames and shower enclosures appear original, the home is move-in ready and functional, fitting the 5-15 year renovation window for a 'Good' rating.
Middle School: Arroyo Vista Middle School (9/10).
Membership in the SAMLARC association provides residents with premium access to a beach club, multiple pools, tennis and pickleball courts, and extensive park systems.
The lower-unit, single-level floor plan features a split-bedroom design for enhanced privacy and an open living area with a fireplace, ideal for modern living.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =38112, other record lot size in square feet = 1367.
With only 827 square feet of living space, the interior may feel compact for a two-bedroom residence, potentially limiting furniture arrangements.
The $506 monthly association fee represents a significant recurring expense that may impact overall affordability and buyer qualification.
This beautiful home is ready to go. single-level, lower-unit. This 2-bedroom, 2-bathroom home offers an open floor plan perfect for comfortable living. The living room features a fireplace creating a warm and inviting space. Just Adjacent to the kitchen that has and upgraded top of the line oven is a wonderfully sized dining area . You will love the spacious primary bedroom,an ensuite Shower, and a large vanity. On the opposite end is another inviting secondary bedroom and secondary bathroom. laundry is located just steps away inside the detached 1 car garage with very high ceilings, and 1 carport which is very convenient located steps out the front door. You will love the Palm trees that compliment the community pool and spa. Enjoy the proximity to shopping, dining, and everything the beautiful city of Rancho Santa Margarita has to offer. This home is a member of the Samlarc association granting you access to multiple pools, tennis courts, pickle ball courts, beach club and so much more!
No exterior & parking available.
Grades K-5 • 1.0 mi
Grades 6-8 • 1.0 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 | 827 | 1,027 | 26% |
| Lot Size | 38,112 | 25,999 | 64% |
| Price | $570.0K | $685.0K | 32% |
| Price per sq ft | $689 | $649 | 70% |
| Built year | 1992 | 1990 | 58% |
| HOA | $506.0 | $445 | 78% |
| Days on market | 13 | 150 | 4% |
Jun 1, 2026
$570,000
Initial Listing
Mar 11, 2021
$430,000
Public Record
Nov 16, 2020
$395,000
Public Record
Aug 28, 2013
$300,000
Public Record
May 5, 2009
$175,000
Public Record
Feb 16, 2005
$330,000
Public Record
Apr 17, 1997
$93,500
Public Record