
Rancho Santa Margarita, California 92688
This Turnkey Single-Family Residence represents a Strong Value Opportunity, listed at $1,099,900—positioned well below the $1,171,906 Fair Market Value by 6%. This valuation gap provides $72,006 in Instant Equity for the buyer. Featuring a Good Condition Rating, the home includes a Solar System, EV Charger, and Granite Kitchen. Located in the Capistrano Unified School District, this property is an ideal sanctuary for Owner-Occupants or first-time buyers seeking a move-in ready home with panoramic hill views.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 15 Legacy Way Subject 4 bd · 3 ba · 1,689 sqft · $651 | $1,050,000* List Price | 4 | 3 | 1,689 | $651 | - |
A 10 Willowbrook Sold 3 bd · 3 ba · 1,470 sqft · $745 · 0.4 mi | $1,095,000 | 3 | 3 | 1,470 | $745 | 0.4 mi |
B 10 Acorn Sold 3 bd · 3 ba · 1,470 sqft · $726 · 0.4 mi | $1,067,000 | 3 | 3 | 1,470 | $726 | 0.4 mi |
C 25 Radiance Lane Sold 4 bd · 3 ba · 2,068 sqft · $624 · 0.4 mi | $1,290,000 | 4 | 3 | 2,068 | $624 | 0.4 mi |
D 27 Acorn Ridge Sold 3 bd · 3 ba · 1,702 sqft · $676 · 0.4 mi | $1,150,000 | 3 | 3 | 1,702 | $676 | 0.4 mi |
E 27 Tradition Active 3 bd · 3 ba · 1,741 sqft · $659 · 0.1 mi | $1,148,000 List Price | 3 | 3 | 1,741 | $659 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1998, this property is well-maintained and move-in ready. While the structure is over 20 years old, it features significant updates including granite countertops, stainless steel appliances, laminate flooring, and fresh paint. The addition of modern systems like solar panels and an EV charger, combined with a 'new dishwasher' and updated carpets, aligns it with the 'Good' category as a functional, updated, and well-preserved home.
Situated on an elevated lot backing to a lush greenbelt with no rear neighbors, this property offers exceptional privacy and is within walking distance to Oak Tree Park and Las Flores K-8 School.
The home is equipped with a solar power system and a 2-car garage featuring an EV charger, providing significant energy efficiency and modern convenience for eco-conscious buyers.
The floor plan includes a highly sought-after main-level bathroom and a flexible bonus room/office, complemented by a permitted third bedroom conversion and a primary suite with panoramic mountain views.
With a lot size of 3,120 square feet, the outdoor space is relatively compact, which may be a drawback for buyers seeking a large private yard or expansive garden area.
At 1,689 square feet for a four-bedroom configuration, the interior living areas and individual room sizes may feel somewhat constrained for larger families.
Beautiful single-family home superbly located in the Traditions community in the highly desirable Las Flores area, situated on an elevated lot backing to a greenbelt, with no one behind, and within walking distance of Oak Tree Park and Pool, and Las Flores K-8 School. Well-maintained Spanish influenced exterior architecture and manicured landscaping welcome you to the home. Step inside and soak in the sleek laminate floors, recessed lighting, built-in surround sound system, and a freshly painted neutral interior setting the stage for a superb living environment. The living area features a tempered glass fireplace and built-in media nooks providing a cozy gathering space. The dining area is open to the kitchen and to the living room, with direct access through sliding doors to the backyard and patio providing an ideal indoor-outdoor living space for entertaining friends and family. The spacious kitchen features warm cabinetry, Granite countertops, Stainless-Steel appliances including a new dishwasher, and a center prep island. This well-designed floor plan includes a highly sought-after main level bathroom with walk-in shower and a bonus room with vaulted ceilings and built-in cabinetry and workstation, perfect for an executive home office and can easily be converted into a 4th bedroom. Travel upstairs to the Primary Bedroom Suite which features vaulted ceilings, a walk-in closet, an en-suite primary bathroom with dual vanities, and a private view balcony perfect for an evening glass of wine while enjoying sunsets and rolling hill views. Upstairs also includes a guest bedroom suite with mirrored closet doors, laminate floors, and a full en-suite bathroom. In addition, the second level open loft space was previously converted to a spacious 3rd bedroom addition completed with permits. You will love the convenience of the upstairs laundry room with full-size appliance hook-ups and linen cupboards. The backyard is a private oasis with a spacious patio with seating areas and a drought conscious cactus garden framed by glass fencing overlooking a lush greenbelt providing an ideal environment for entertaining, relaxing, and enjoying the panoramic mountain and hills views. Features include Solar System, direct access 2 gar garage with EV Car Charger, upgraded window blinds throughout, updated carpets, and outdoor motion center lighting. Located close to shopping and dining, Tesoro High, local parks, nearby hiking and biking trails, and easy 241 Toll Road Access.
No exterior & parking available.
Grades K-5 • 0.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 1,689 | 2,146.37 |
| Lot Size | 3,120 | 5,282.037 |
| Price | $1.05M | $1.39M |
| Price per sq ft | $622 | $643 |
| Built year | 1998 | 1993 |
| HOA | $118.0 | $133 |
| Days on market | 52 | 53 |
Oct 22, 2026
$1,050,000
$1,099,900
-5% Price Drop
Initial Listing
Sep 3, 2026
$1,099,900
Initial Listing
Jun 22, 2021
$830,000
Public Record
Jun 11, 2003
$423,000
Public Record
Apr 10, 2000
$275,000
Public Record
Oct 23, 1998
$259,000
Public Record