19 Hemlock, Rancho Santa Margarita, California 92688, Rancho Santa Margarita, 92688 - 1 bed, 1 bath
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19 Hemlock
Rancho Santa Margarita, California 92688
PENDING
CONDITION: EXCELLENT
1Beds
1Baths
642Sq Ft
31,081Lot Size
Property Price
LIST PRICE$400,000
EST. MARKET VALUE
$436,627
8% BelowMARKET VALUE
SUMMARY
This Turnkey Condominium is a Strong Value Opportunity, listed at $459,000—positioned well below the $459,949 Fair Market Value by 0.2%. Featuring an Excellent Condition Rating with recent 2024-2026 upgrades, including a refreshed kitchen and new water heater, this home offers a seamless transition for residents. The property provides a private courtyard and resort-style access to the Rancho Santa Margarita Lake & Beach Club. This move-in-ready sanctuary is an ideal fit for first-time buyers or lifestyle-focused professionals seeking a low-maintenance, high-amenity living experience.
Estimated Market Value
$436,627+$36,627 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Rancho Santa Margarita.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 19 Hemlock Subject | $400,000* List Price | 1 | 1 | 642 | $680 | - |
A 46 Picazo Sold | $485,000 | 2 | 1 | 618 | $785 | 0.2 mi |
B 43 Via Cresta Sold | $390,000 | 1 | 1 | 547 | $713 | 0.6 mi |
C 49 Via Honrado Sold | $410,000 | 1 | 1 | 700 | $586 | 0.5 mi |
D 23 Via Prado Sold | $365,000 | 1 | 1 | 547 | $667 | 0.6 mi |
E 21 Silktassel Sold | $485,000 | 1 | 1 | 742 | $654 | 0.1 mi |
F 42 Picazo 29 Sold | $515,000 | 2 | 2 | 773 | $666 | 0.2 mi |
G 27 Castano Sold | $430,000 | 1 | 1 | 692 | $621 | 0.4 mi |
H 7 Brisa Ribera Sold | $510,000 | 1 | 1 | 841 | $606 | 0.4 mi |
I 23 Via Honrado Active | $450,000 List Price | 1 | 1 | 642 | $701 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Although built in 1987, the property has undergone significant recent renovations within the last 1-3 years, including a new water heater (2024), refrigerator (2025), and bathroom fixtures (2026). The interior is in mint condition with updated composite flooring, removed popcorn ceilings, fresh paint, and a kitchen featuring upgraded countertops and replaced cabinet doors, meeting the criteria for a high-quality, move-in-ready home with no immediate maintenance needed.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Location & Amenities
Situated just two blocks from the Rancho Santa Margarita Lake & Beach Club, residents enjoy premium access to a sandy lagoon, scenic trails, and resort-style community facilities.
- Modernized Interior
This ground-level unit features significant upgrades including smooth ceilings, composite wood flooring, fresh paint, and a refreshed kitchen with a 2025 refrigerator.
- Private Outdoor Living
The property includes a private, enclosed courtyard with newer vinyl fencing, providing a rare and peaceful outdoor retreat that enhances the single-level living experience.
CONSRISKS & DEFICIENCIES
- Limited Living Space
With only 642 square feet and a single bedroom, the property offers a compact footprint that may not accommodate buyers needing extra storage or a dedicated home office.
- High Monthly Carrying Costs
The association fee of $478 per month is relatively high for a one-bedroom unit, which could impact the overall affordability and debt-to-income ratio for potential buyers.
About 19 Hemlock
HUGE PRICE ADJUSTMENT - ACT NOW on this GROUND-LEVEL CONDO | PRIVATE COURTYARD | UPDATED INTERIOR | LAKE RSM AMENITIES | Welcome to 19 Hemlock, a beautifully maintained ground-level condo in the heart of Rancho Santa Margarita offering comfortable single-level living, thoughtful updates, and an unbeatable lifestyle. A private, enclosed courtyard surrounded by mature landscaping and newer white vinyl fencing creates a peaceful outdoor retreat and welcomes you home. Inside, composite wood flooring flows throughout the home, complemented by fresh interior paint, smooth ceilings with the popcorn texture removed, and abundant natural light. The inviting living room opens seamlessly to a dedicated dining area, creating an ideal layout for everyday living and entertaining. The updated kitchen features upgraded countertops, replaced cabinet doors, and a newer refrigerator installed in 2025. The spacious bedroom offers generous closet space, while the bathroom has been refreshed with a brand-new faucet installed in 2026. Additional improvements include a newer water heater installed in 2024. A detached one-car garage is just steps from the front door and includes built-in storage shelving for added convenience. The home is equipped with an electric range, oven, and laundry hookups, with natural gas serving the water heater. Residents enjoy resort-style community amenities, including the neighborhood pool and spa just 1/8 of a block away, along with full access to Rancho Santa Margarita's exceptional Lake & Beach Club only two blocks from the home. Enjoy the sandy beach lagoon, swimming, scenic lakefront walking trails, parks, tennis courts, community events, shopping, dining, and award-winning schools, all just moments away. This move-in-ready home offers the perfect combination of comfort, convenience, and the incredible Rancho Santa Margarita lifestyle.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1987
- Lot Size
- 31,081 Sq. Ft.
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $478.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 642 | 1,077.857 |
| Lot Size | 31,081 | 27,342.776 |
| Price | $400.0K | $691.6K |
| Price per sq ft | $623 | $631 |
| Built year | 1987 | 1990 |
| HOA | $478.0 | $466 |
| Days on market | 43 | 54 |
Pricing History
Listed for Sale
Sep 1, 2026
$400,000
$459,000
-13% Price Drop
Initial Listing
Price Change
Jul 28, 2026
$459,000
Initial Listing
Sold
Apr 21, 1999
$90,000
Public Record