
Rancho Santa Margarita, California 92688
This Turnkey Ground-Level Condominium is listed at $699,900, representing a stable and fair entry into the Rancho Santa Margarita market near its $693,239 Fair Market Value. Boasting a Condition Rating of 3, the residence features a modernized kitchen with shaker cabinetry, granite countertops, and a designer fireplace. A standout asset is the rare inclusion of three dedicated parking spaces and an oversized patio with premium park-front views. Located near the 9/10 rated Arroyo Vista Middle School, this home is an ideal match for Owner-Occupants or first-time buyers seeking a high-quality lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 147 Via Contento Subject | $684,900* List Price | 2 | 2 | 1,117 | $599 | - |
A 57 Rabano Sold | $575,000 | 2 | 2 | 1,051 | $547 | 0.1 mi |
B 61 Rabano Sold | $635,000 | 2 | 2 | 1,051 | $604 | 0.1 mi |
C 207 Pasto Rico Sold | $643,000 | 2 | 3 | 1,091 | $589 | 0.2 mi |
D 34 Via Alivio Sold | $640,000 | 2 | 2 | 971 | $659 | 0.0 mi |
E 12 Anana Sold | $760,000 | 3 | 2 | 1,235 | $615 | 0.2 mi |
F 32 Via Contento Sold | $537,500 | 2 | 2 | 864 | $622 | 0.1 mi |
G 166 Via Contento Active | $689,900 List Price | 2 | 2 | 1,117 | $618 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1995, the property has been significantly upgraded. The kitchen features modern shaker-style cabinetry, granite countertops, and stainless steel appliances. Bathrooms have been modernized with updated vanities and fixtures. The interior shows very well with contemporary flooring, recessed lighting, and a designer fireplace, meeting the criteria for a well-maintained, move-in ready home with a 5-15 year old renovation.
Middle School: Arroyo Vista Middle School (9/10).
Rare for a two-bedroom condominium, this property includes three dedicated parking spaces—a detached garage, an assigned carport, and a reserved space—offering significant convenience and added market value.
This ground-level unit features an oversized wraparound patio backing directly onto a lush greenbelt, providing a private, serene atmosphere and a desirable indoor-outdoor living flow that is highly sought after.
The $475 monthly association fee represents a substantial recurring cost that may impact the overall affordability and debt-to-income ratio for some prospective buyers.
As a ground-floor unit in a multi-level complex, the property is susceptible to noise transfer from upper-level neighbors, which may affect the quiet atmosphere described in the listing.
Stunning light and bright Ground-level condo with expansive windows and a flowing open-concept design. Upgraded throughout with elegant built-ins, Recessed lighting, upgraded bathrooms, and a designer fireplace. A private, oversized patio overlooks a lush park, offering tranquil views and a serene, quiet atmosphere. This beautiful home includes 3 parking spaces: one detached garage, one assigned carport, and one reserved parking space. This home is located in the highly sought-after Tijeras Creek Villas Community of Rancho Santa Margarita, known for its resort-style amenities. Enjoy seamless indoor-outdoor living with a wraparound patio backing to a serene park. Ownership includes SAMLARC membership, providing access to the beach club lagoon, multiple pools, parks, sports courts, scenic trails, and year-round community events. Residents also enjoy access to two pools and spas, a fitness center with sauna, BBQ areas, playgrounds, and beautifully maintained greenbelts.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades 6-8 • 0.3 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 | 1,117 | 1,032 | 65% |
| Lot Size | - | 25,172 | 26% |
| Price | $684.9K | $685.0K | 49% |
| Price per sq ft | $613 | $649 | 33% |
| Built year | 1995 | 1990 | 71% |
| HOA | $475.0 | $430 | 59% |
| Days on market | 58 | 145 | 7% |
May 17, 2026
$684,900
$699,900
-2% Price Drop
Initial Listing
Apr 10, 2026
$699,900
Initial Listing
Apr 13, 2020
$462,000
Public Record
Feb 9, 2005
$370,000
Public Record
Mar 29, 1999
$137,000
Public Record
Aug 27, 1993
$132,000
Public Record