16 Islay 54, Rancho Santa Margarita, California 92688, Rancho Santa Margarita, 92688 - 2 bed, 3 bath

16 Islay 54, Rancho Santa Margarita, California 92688 home-pic-0

16 Islay 54

Rancho Santa Margarita, California 92688

ACTIVE
CONDITION: EXCELLENT
2Beds
3Baths
926Sq Ft
30,366Lot Size

Property Price

LIST PRICE$650,000

SUMMARY

Analysis of 16 Islay 54, Rancho Santa Margarita, California 92688 is currently available with a list price of $650,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Rancho Santa Margarita Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.

Condition Analysis

OVERALL CONDITION SCORE

Excellent
TeardownExcellent

Property is new construction or fully renovated.

This property has undergone an extensive luxury renovation featuring high-end Jenn-Air appliances, granite countertops, and solid cherry wood cabinetry. The interior boasts premium Argentinian porcelain tile and engineered wood flooring, complemented by brand new paint, recessed lighting, and a newer HVAC system, making it a fully updated, turnkey home.

PROSSTRENGTHS & OPPORTUNITIES

  • High-End Turnkey Remodel

    The property features a comprehensive luxury renovation, including a Chef’s kitchen with Jenn-Air appliances, Argentinian porcelain tile, and engineered wood flooring, ensuring a move-in-ready experience.

  • Prime End-Unit Location

    Positioned as an end-unit with no neighbors above or below and vaulted ceilings on both levels, this home offers superior privacy, serenity, and an abundance of natural light.

  • Extensive Community Amenities

    The condo includes membership to the Rancho Santa Margarita Lake & Beach Club and is located in an FHA/VA approved complex with on-site pools, spas, and proximity to top-rated schools.

CONSRISKS & DEFICIENCIES

  • Limited Living Area

    At 926 square feet for a two-bedroom, three-bathroom residence, the interior footprint is relatively compact, which may feel restrictive for some buyers.

  • Single Garage Space

    The inclusion of only one dedicated garage parking space may be a drawback for multi-vehicle households, despite the availability of communal guest parking.

About 16 Islay 54

Welcome to this beautifully remodeled luxury condo in a superb end-unit location of the Mission Courts II community. Stroll into this turnkey home with incredible ambiance, vaulted ceilings upstairs and downstairs, custom and recessed lighting throughout. The heart of the home features a Chef’s dream kitchen showcasing high-end JENN-AIR appliances, convection/microwave oven, induction cooktop, granite counters, and solid cherry wood cabinets, and the inside of the condo has brand new paint and lighting, custom blinds, Ilva premium Argentinian porcelain tile downstairs and engineered wood flooring upstairs. The condo also includes a newer Heating and Air conditioning system and a custom black glass remote fireplace with lighting in the living room. When you wander upstairs you will be led to two very spacious bedrooms, both with en-suite bathrooms, large closet spaces and scenic community views. There is no one above or below and the end unit location also offers much privacy and serenity. Also included is a convenient inside laundry unit with washer and dryer included and a newer dual pane sliding door that leads to a large private patio. The property includes one garage parking space and storage, and there is plenty of other open parking outside for owners and guests. You will truly appreciate this spectacular Rancho Santa Margarita community, close to top rated schools, restaurants, shopping, and a short walk to the Rancho Santa Margarita Lake & Beach Club (access and membership included). There are also nearby tennis courts and community pools, including a separate pool, spa and children’s play area within Mission Courts II. The complex is FHA and VA approved. This is a beautiful home that is a MUST SEE!

Property Details

Public Facts

Property Type
Condominium
Year Built
1987
Lot Size
30,366 Sq. Ft.

Interior

Total Bedrooms
2
Total Bathrooms
3 (3 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$418.0 / Month

Neighborhood Insights

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds2.02.0
50%
Baths3.02.0
75%
Square foot9261,010
41%
Lot Size30,36614,925
66%
Price$650.0K$650.0K
50%
Price per sq ft$702$664
68%
Built year19871990
22%
HOA$418.0$452
38%
Days on market16178
3%

Pricing History

Listed for Sale

Feb 19, 2026

$650,000

Initial Listing

Sold

Mar 16, 2020

$436,000

Public Record

Sold

Jan 7, 2016

$382,500

Public Record

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