
Rancho Santa Margarita, California 92688
This Turnkey Single-Story Condominium is listed at $1,000,000, reflecting a stable market position relative to its $951,137 Fair Market Value. Featuring a Condition Rating of 3, the home offers a refreshed interior with new laminate flooring, fresh paint, and modern lighting. Residents enjoy a resort-style lifestyle in the Marbella community, complete with lakeside access, pool, and spa. Located within the Saddleback Valley Unified School District, this property provides a balanced lifestyle for Owner-Occupants and first-time buyers seeking a move-in ready, low-maintenance residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 16 Calle Maria Subject | $1,000,000* List Price | 2 | 2 | 1,475 | $645 | - |
A 1 Via Garceta Sold | $725,000 | 2 | 2 | 1,010 | $718 | 0.1 mi |
B 19 Vista Colinas Sold | $785,000 | 3 | 3 | 1,275 | $616 | 0.2 mi |
C 29 Carnation 64 Sold | $929,900 | 3 | 3 | 1,325 | $702 | 0.2 mi |
D 44 Via Cordoba Sold | $715,000 | 2 | 2 | 1,128 | $634 | 1.0 mi |
E 231 Montana Del Lago Sold | $1,049,000 | 3 | 3 | 1,600 | $656 | 0.3 mi |
F 51 Lobelia Sold | $700,000 | 2 | 2 | 974 | $719 | 0.3 mi |
G 6 Vista Cielo Pending | $789,000 List Price | 2 | 3 | 1,275 | $619 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1986, the property has been recently refreshed with brand-new laminate flooring, fresh paint, and updated electrical switches/fixtures, making it move-in ready. While the kitchen and bathrooms retain some dated elements like tile countertops, the overall maintenance and recent cosmetic updates meet the criteria for a functional, well-maintained home.
This highly sought-after single-level floor plan is a rarity in the Marbella community, offering enhanced accessibility and a spacious feel with soaring vaulted ceilings and no stairs.
The home is move-in ready following a comprehensive refresh, including brand-new laminate flooring, fresh designer paint, updated electrical fixtures, and modern recessed lighting.
Situated in a premier lakeside community, the property offers a resort-style lifestyle with immediate proximity to the lake, pool, spa, and scenic walking trails.
The association fee of $700 per month is relatively high, which may impact the overall affordability and debt-to-income ratio for some buyers.
Despite the added privacy of having only one shared wall, the property is still a condominium, which lacks the full autonomy and yard space of a detached single-family home.
Welcome to 16 Calle Maria in the highly desirable lakeside community of Marbella in Rancho Santa Margarita! Rarely available SINGLE STORY living filled with character and charm, this inviting home offers 2 bedrooms, 2 bathrooms, and an attached 2-car garage with a driveway, plus only one shared wall for added privacy. Plenty of guest parking is conveniently located directly in front of the home, making it easy to welcome family and friends. The grand living room is truly the heart of the home, featuring soaring high ceilings, recessed lighting, and a romantic fireplace with a custom mantel, creating a warm and inviting ambiance. The charming dining alcove showcases custom stained glass windows that add timeless character and architectural charm. If you are looking for that WOW factor, this is it! The perfect space to relax, entertain, and create lasting memories. The spacious primary suite features vaulted ceilings and dual oversized walk-in closets with custom closet organizers, providing exceptional storage and organization while creating a true sense of space and comfort. The primary bathroom is enhanced by a skylight that fills the space with beautiful natural light, creating a bright and airy retreat. This home has been beautifully refreshed with brand-new laminate flooring, new baseboards, fresh interior paint in Dunn-Edwards Light Beige, new recessed lighting, updated electrical switches and outlets, and new bathroom light fixtures, making it truly move-in ready. Plantation shutters in select rooms add timeless style and warmth throughout. Enjoy everything Marbella has to offer, just moments from the lake, resort-style pool and spa, parks, restaurants, shopping, and scenic walking trails. This is a rare opportunity to own a charming SINGLE STORY home in one of Rancho Santa Margarita's most sought-after communities.
No exterior & parking available.
Grades PK-6 • 0.1 mi
Grades 7-8 • 0.7 mi
Grades 9-12 • 4.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,475 | 1,093 |
| Lot Size | - | 26,135 |
| Price | $1.00M | $681.3K |
| Price per sq ft | $678 | $638 |
| Built year | 1986 | 1991 |
| HOA | $700.0 | $463 |
| Days on market | 48 | 51 |
Jun 4, 2026
$1,000,000
Initial Listing