
Rancho Santa Margarita, California 92688
This Turnkey Detached Residence is a Strong Value Opportunity, listed at $985,000—positioned well above the $916,811 Fair Market Value by -7%. While priced at a premium, the home offers a Condition Rating of 3, featuring a contemporary renovated kitchen and move-in-ready interiors. Located in the desirable Las Flores community, residents benefit from Top-Rated Schools and extensive amenities. This property provides the privacy of a single-family home with the convenience of a low-maintenance lifestyle, making it an ideal sanctuary for growing families or first-time buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 15 Poppyfield Subject | $985,000* List Price | 3 | 3 | 1,438 | $638 | - |
A 63 Poppyfield Lane Sold | $907,000 | 3 | 3 | 1,214 | $747 | 0.0 mi |
B 185 Seacountry Sold | $865,000 | 3 | 3 | 1,350 | $641 | 0.5 mi |
C 219 Seacountry Lane Sold | $915,000 | 3 | 3 | 1,541 | $594 | 0.5 mi |
D 56 Seacountry Lane Sold | $891,000 | 3 | 2 | 1,160 | $768 | 0.5 mi |
E 181 Seacountry Sold | $745,000 | 2 | 3 | 1,080 | $690 | 0.5 mi |
F 26 Bloomfield Lane Active Under Contract | $899,000 List Price | 3 | 3 | 1,438 | $625 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1998, the property is well-maintained and features a contemporary renovated kitchen with dark flat-panel cabinetry and stainless steel appliances. With updated windows, recessed lighting, and modern hardscaping, the home is move-in ready and functional, fitting the 5-15 year renovation window.
This residence offers the rare benefit of a fully detached home with no shared walls, providing single-family privacy while maintaining low HOA dues and the significant financial advantage of no Mello-Roos.
Perfectly situated on a corner lot backing to a scenic trail, the property is within walking distance of top-rated schools and provides access to extensive Las Flores amenities including pools, sports courts, and parks.
The home boasts a modern, light-filled open floor plan enhanced by updated windows, plantation shutters, recessed lighting, and a functional upstairs laundry room, ensuring a move-in-ready experience.
At 1,438 square feet for a three-bedroom layout, the interior living spaces and secondary bedrooms may feel compact for families requiring more expansive square footage.
Despite its detached structure, the legal classification as a condominium may impact certain financing options and buyer perceptions regarding land ownership compared to traditional fee-simple detached homes.
Nestled within the highly desirable Las Flores community, this beautifully maintained corner residence offers the perfect blend of style, comfort, and low-maintenance living. Although Magnolia Lane is zoned as a condominium community, each residence is fully detached with no shared walls, offering the privacy and feel of a single-family home. Thoughtfully designed with an open concept floor plan, the home is filled with natural light from updated windows and enhanced by timeless shutters. The spacious family room, anchored by a cozy fireplace, flows effortlessly into the dining area and contemporary kitchen, creating an ideal setting for everyday living and entertaining. The thoughtfully designed kitchen balances timeless style with everyday functionality, offering abundant storage, generous workspace, an open layout, and a recently installed dishwasher. Recessed lighting enhances the main living areas, while direct access to the private backyard creates a seamless indoor-outdoor living experience. Backing to a scenic walking trail enjoyed by Las Flores residents, the backyard offers a peaceful setting for outdoor relaxation. The upper level is thoughtfully designed with a light-filled primary suite featuring dual closets, two well-appointed secondary bedrooms, and the convenience of an upstairs laundry room. Outside, the private backyard features paver hardscaping and durable vinyl fencing, creating an inviting space for outdoor dining and entertaining. Additional highlights include an attached two-car garage with direct interior access, built-in wall cabinetry and overhead storage, attractive stone-accented architecture, and a charming covered front entry. Residents enjoy low HOA dues, no Mello-Roos, and access to Las Flores amenities including pools, a junior Olympic-size pool, splash pads, parks, playgrounds, baseball fields, pickleball and tennis courts, sports courts, dog parks, barbecue and picnic areas, plus scenic walking and hiking trails. Conveniently located within walking distance of Las Flores Elementary and Las Flores Middle School, as well as nearby shopping, dining, and everyday conveniences, this home offers an exceptional opportunity to enjoy the Las Flores lifestyle. Homes in this community rarely come on the market, you are not going to want to miss this one!
No exterior & parking available.
Grades K-5 • 0.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 2.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,438 | 1,093 |
| Lot Size | 175,210 | 26,135 |
| Price | $985.0K | $681.3K |
| Price per sq ft | $685 | $638 |
| Built year | 1998 | 1991 |
| HOA | $206.0 | $463 |
| Days on market | 5 | 51 |
Jul 17, 2026
$985,000
Initial Listing
May 4, 2010
$418,000
Public Record
May 8, 2006
$594,000
Public Record