18 Via Pelayo, Rancho Santa Margarita, California 92688, Rancho Santa Margarita, 92688 - 4 bed, 3 bath
Loading property details...
Rancho Santa Margarita, California 92688
This Turnkey Single Family Residence is a Strong Value Opportunity, listed at $1,525,000—positioned well below the $1,633,493 Fair Market Value by 6%. This valuation gap offers $108,493 in Instant Equity. Featuring a remodeled kitchen, resort-style pool and spa, and owned solar system, the property maintains a <5-year Condition Rating. Located in the Capistrano Unified district near Tijeras Creek Elementary, this home is an ideal sanctuary for growing families or discerning owner-occupants seeking a move-in ready lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 18 Via Pelayo Subject | $1,525,000* List Price | 4 | 3 | 2,763 | $591 | - |
A 12 Via Hacienda Sold | $1,400,000 | 4 | 4 | 2,459 | $569 | 0.1 mi |
B 6 Via Hacienda Sold | $1,393,000 | 4 | 3 | 2,459 | $566 | 0.1 mi |
C 32 Berlamo Sold | $1,480,000 | 4 | 3 | 2,492 | $594 | 0.4 mi |
D 30 Santa Inez Sold | $1,715,000 | 5 | 4 | 3,223 | $532 | 0.4 mi |
E 19 Via Pelayo Sold | $1,315,000 | 3 | 3 | 1,997 | $658 | 0.0 mi |
F 30 Valeroso Active Under Contract | $1,559,900 List Price | 4 | 4 | 2,763 | $565 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While built in 1999, the property features a high-end remodeled kitchen and primary bath, along with a brand-new resort-style backyard completed in 2026. Major systems have been recently upgraded, including a newer furnace, AC, ducting, PEX re-pipe, and an owned solar system, placing it in the <5-year renovation category.
The newly completed backyard features a modern pool, spa, built-in BBQ, and fire feature, providing a high-end, low-maintenance entertainment space rarely found in this condition.
The home is equipped with an owned 34-panel solar system, PEX re-piping, and newer HVAC systems, offering significant energy savings and peace of mind regarding long-term maintenance.
Featuring a remodeled kitchen and primary bathroom alongside an oversized bonus room, the property offers a move-in-ready aesthetic with a highly flexible floor plan for families.
At 4,400 sq. ft., the lot is relatively compact for a nearly 2,800 sq. ft. home, leaving minimal traditional yard space beyond the pool and hardscape areas.
The property listing indicates no specific views, which may be a drawback for buyers seeking the panoramic vistas often associated with premium Rancho Santa Margarita locations.
Welcome to 18 Via Pelayo, a beautifully upgraded 4 bedroom plus oversized bonus room home in the desirable Cantamar neighborhood of Rancho Santa Margarita. Set on a quiet street, this 2,763 sq. ft. residence combines thoughtful interior improvements, major system upgrades, and a newly completed resort-style backyard. The home features a remodeled kitchen, completely remodeled primary bathroom, newer PEX re-pipe, newer furnace, air conditioning and ducting, plus an owned 34-panel solar production system. Upstairs, a huge bonus room with built-ins offers exceptional flexibility for a media room, office, playroom, homework space, gym, or secondary living area. The backyard is a true standout. Completed in 2026, the new pool, spa, built-in BBQ/grill, fire feature, and hardscape create a private outdoor setting designed for entertaining, relaxing, and everyday enjoyment. The modern pool and spa design, artificial turf, lounge areas, and built-in outdoor kitchen give the yard a clean, low-maintenance, resort-style feel. The location adds to the appeal, with nearby hiking and biking trails, convenient access to parks, shopping, dining, schools, and toll road connections. As part of SAMLARC, residents enjoy access to Rancho Santa Margarita’s signature lifestyle amenities, including Lago Santa Margarita, the Beach Club & Lagoon, pools, parks, trails, sport courts, picnic areas, and community gathering spaces. SAMLARC lists amenities including pools, Beach Club & Lagoon, lake, parks, trails, tennis courts, pickleball courts, basketball courts, volleyball courts, clubhouses, amphitheaters, picnic shelters, and more. 18 Via Pelayo offers the space, upgrades, outdoor living, and community lifestyle buyers are looking for in one of Rancho Santa Margarita’s most established neighborhoods.
No exterior & parking available.
Grades K-5 • 0.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 2,763 | 2,093 |
| Lot Size | 4,400 | 5,515 |
| Price | $1.52M | $1.34M |
| Price per sq ft | $552 | $636 |
| Built year | 1999 | 1995 |
| HOA | $91.0 | $140 |
| Days on market | 16 | 50 |
Jul 6, 2026
$1,525,000
Initial Listing
Feb 7, 2024
$1,315,000
Public Record
Jul 10, 2019
$850,000
Public Record
Jul 9, 2008
$715,000
Public Record
Aug 31, 1999
$333,000
Public Record