
Rancho Santa Margarita, California 92688
This Turnkey Resort-Style Condo is listed at $699,900, offering a stable and fair entry into a high-demand market near its $687,479 Fair Market Value. Boasting a Condition Rating of 3, the home features cathedral ceilings, luxury vinyl plank flooring, and stainless steel appliances. A standout feature is the superior parking, including a private garage and carport for up to three vehicles. With access to SAMLARC amenities and the 9/10 rated Arroyo Vista Middle School, this home is perfect for Owner-Occupants or first-time buyers seeking a move-in-ready sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 166 Via Contento Subject | $699,900* List Price | 2 | 2 | 1,117 | $615 | - |
A 61 Rabano Sold | $635,000 | 2 | 2 | 1,051 | $604 | 0.2 mi |
B 57 Rabano Sold | $575,000 | 2 | 2 | 1,051 | $547 | 0.2 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 61 Pomelo Sold | $655,000 | 2 | 2 | 1,000 | $655 | 0.1 mi |
F 32 Via Contento Sold | $537,500 | 2 | 2 | 864 | $622 | 0.2 mi |
G 64 Via Contento Active | $615,000 List Price | 2 | 2 | 971 | $633 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is in turnkey, move-in ready condition featuring recent cosmetic upgrades such as luxury vinyl plank flooring, new carpeting, and updated stainless steel kitchen appliances. While the oak cabinetry and tile countertops reflect the original 1995 construction style, they appear well-maintained. The home features modern neutral paint, updated light fixtures, and functional major systems, meeting the criteria for a well-maintained property that does not require immediate renovation.
Middle School: Arroyo Vista Middle School (9/10).
Ownership includes both Tijeras Creek Villas resort-style facilities and a SAMLARC membership, granting exclusive access to Lago Santa Margarita, the Beach Club Lagoon, and extensive sports courts.
Rare for the condo market, this unit offers a private one-car garage plus an assigned carport and guest parking, providing a total of up to three parking spaces.
The $475 monthly association fee is a significant recurring expense that may impact the debt-to-income ratio for some prospective buyers.
Being an upstairs unit, the property requires navigating stairs for entry, which may limit its appeal to buyers with mobility concerns or those specifically seeking ground-level access.
Turnkey upstairs condo with multiple balconies and resort-style amenities in the highly sought-after Tijeras Creek Villas of Rancho Santa Margarita. This light-filled home features soaring cathedral ceilings in the living room, creating an open and airy feel. The versatile floor plan includes a spacious primary suite and a secondary bedroom with direct access to the second bathroom, ideal for guests, roommates, or a home office setup. Enjoy seamless indoor-outdoor living with a wraparound balcony accessible from both the living room and primary bedroom, plus a second private balcony off the secondary bedroom—perfect for relaxing or entertaining. The interior is thoughtfully updated with luxury vinyl plank flooring, new carpeting, central air and heat, and a cozy gas fireplace. The kitchen offers stainless steel appliances, and the in-unit laundry adds everyday convenience. Parking is a rare bonus with a private one-car garage, assigned carport, and ample guest parking, allowing for up to three total spaces. Residents enjoy access to two pools and spas, a fitness center with sauna, BBQ areas, playgrounds, and beautifully maintained greenbelts. Ownership includes SAMLARC membership, offering access to Lago Santa Margarita, the Beach Club Lagoon, multiple pools, parks, sports courts, scenic trails, and year-round community events. An incredible opportunity to own in one of South Orange County’s most amenity-rich communities.
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 | 1,027 | 65% |
| Lot Size | - | 17,755 | 30% |
| Price | $699.9K | $650.0K | 59% |
| Price per sq ft | $627 | $655 | 37% |
| Built year | 1995 | 1990 | 69% |
| HOA | $475.0 | $452 | 58% |
| Days on market | 29 | 170 | 2% |
Mar 24, 2026
$699,900
Initial Listing
Jul 11, 2023
$640,000
Public Record
Mar 17, 2014
$349,000
Public Record
May 24, 2007
$410,000
Public Record
Jul 31, 2000
$166,000
Public Record
Oct 12, 1995
$114,000
Public Record