171 Encantado, Rancho Santa Margarita, California 92688, Rancho Santa Margarita, 92688 - 3 bed, 3 bath
171 Encantado
Rancho Santa Margarita, California 92688
Property Price
SUMMARY
Analysis of 171 Encantado, Rancho Santa Margarita, California 92688 is currently available with a list price of $985,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. 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
Property is move-in ready.
The property is move-in ready and benefits from significant recent cosmetic updates, including new vinyl flooring and fresh interior paint throughout. While the kitchen and bathrooms retain some original 1991 features such as tile countertops and older cabinetry, the home is well-maintained, features a modern 220V EV charging outlet, and requires no immediate renovations for occupancy.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Middle School: Arroyo Vista Middle School (9/10).
- Modern Interior Upgrades
The home features fresh interior paint and new vinyl flooring throughout both levels, providing a clean, contemporary, and move-in-ready environment for new owners.
- EV-Ready Infrastructure
Equipped with a 220-volt electric vehicle charging outlet in the attached two-car garage, this property is well-prepared for the needs of modern eco-conscious homeowners.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =50672, other record lot size in square feet = 4090.
- High Association Fees
The monthly HOA fee of $430 represents a significant recurring expense that increases the total cost of ownership and may impact buyer affordability.
- Lack of Scenic Views
The property listing indicates no specific views, which may be a disadvantage in a region where many competing homes offer picturesque hillside or mountain landscapes.
About 171 Encantado
Welcome to this well-maintained condominium located in the desirable Belterraza community of Rancho Santa Margarita. This two-story home offers 3 bedrooms and 2.5 bathrooms with a functional and open layout. The home features fresh interior paint and new Vinyl flooring throughout both the upstairs and downstairs. The main level includes a spacious living area, dining space, and kitchen, while all bedrooms are located upstairs for added privacy. The property is equipped with a 220-volt electric vehicle charging outlet. Additional highlights include an attached two-car garage and access to community amenities. Conveniently located near shopping, dining, parks, and major roadways.
Property Details
Public Facts
- Property Type
- Townhouse
- Year Built
- 1991
- Lot Size
- 50,672 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $430.0 / Month
Neighborhood Insights
Rancho Santa Margarita Unified Schools
Arroyo Vista Elementary School
Grades K-5 • 0.4 mi
Arroyo Vista Middle School
Grades 6-8 • 0.4 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,743 | 1,503 | 68% |
| Lot Size | 50,672 | 19,943 | 58% |
| Price | $985.0K | $929.0K | 58% |
| Price per sq ft | $565 | $595 | 32% |
| Built year | 1991 | 1993 | 42% |
| HOA | $430.0 | $425 | 63% |
| Days on market | 27 | 166 | 11% |
Pricing History
Listed for Sale
Feb 8, 2026
$985,000
Initial Listing
Sold
May 10, 2023
$875,000
Public Record
Sold
Sep 5, 2002
$300,000
Public Record