
Rancho Santa Margarita, California 92688
This Single Family Residence is a Strong Value Opportunity, listed at $975,000—positioned well below the $1,057,279 Fair Market Value by 7%. This valuation gap offers $82,279 in Instant Equity for the buyer. The home maintains a Good Condition Rating with modern kitchen updates and a rare, expansive wraparound backyard. Located in the Capistrano Unified district, it offers a high-quality lifestyle for Owner-Occupants or first-time buyers seeking a move-in ready home with significant long-term appreciation potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 19 Calle De Suenos Subject 4 bd · 3 ba · 1,498 sqft · $706 | $975,000* List Price | 4 | 3 | 1,498 | $706 | - |
A 18 Las Piedras Sold 3 bd · 3 ba · 1,428 sqft · $718 · 1.0 mi | $1,025,000 | 3 | 3 | 1,428 | $718 | 1.0 mi |
B 7 Temecula Court Sold 3 bd · 3 ba · 1,551 sqft · $677 · 0.8 mi | $1,050,000 | 3 | 3 | 1,551 | $677 | 0.8 mi |
C 23 Socorro Sold 3 bd · 3 ba · 1,381 sqft · $769 · 0.1 mi | $1,062,000 | 3 | 3 | 1,381 | $769 | 0.1 mi |
D 14 Paseo Vecino Sold 3 bd · 3 ba · 1,735 sqft · $671 · 0.2 mi | $1,165,000 | 3 | 3 | 1,735 | $671 | 0.2 mi |
E 21 Calle Del Mar Active 3 bd · 3 ba · 1,500 sqft · $733 · 0.1 mi | $1,099,000 List Price | 3 | 3 | 1,500 | $733 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1998 (26 years old), the home has been well-maintained and features significant interior updates that bring it into the 'Good' category. The kitchen has been modernized with stone countertops and stainless steel appliances, and the home features updated hard-surface flooring and neutral paint throughout, making it move-in ready.
The property features a rare, oversized wraparound backyard on a desirable corner lot, providing significantly more outdoor living space, privacy, and entertaining potential than typical homes in the Los Abanicos community.
Soaring ceilings combined with an abundance of natural light and a thoughtfully designed floor plan create an open, airy atmosphere that makes the interior feel more spacious and inviting.
Situated in a highly sought-after Rancho Santa Margarita neighborhood, the home offers excellent proximity to top-rated Capistrano Unified schools, local parks, and a variety of shopping and dining options.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =5507, other record lot size in square feet = 10974.
With four bedrooms distributed across approximately 1,498 square feet, individual room sizes may feel constrained, potentially limiting functionality for families with large furniture or those needing spacious home offices.
At a list price of $975,000, the property commands a premium price per square foot, which may be a deterrent for value-conscious buyers comparing it to larger interior footprints in the same price bracket.
Welcome to 19 Calle de Suenos, a charming detached home situated on a desirable corner lot in the Los Abanicos community of Rancho Santa Margarita. Light, bright, and inviting, this spacious 4-bedroom, 2.5-bath home offers approximately 1,498 square feet of comfortable living space. Soaring ceilings and an abundance of natural light create an open and airy atmosphere throughout. The thoughtfully designed floor plan features separate living and family rooms, a cozy fireplace, and a spacious primary suite complete with a walk-in closet and relaxing soaking tub. One of the home’s most impressive features is the exceptionally spacious wraparound backyard, a rare find in this community! The desirable corner location allows for an expansive outdoor retreat with plenty of room to relax, entertain, or simply enjoy the Southern California sunshine. A charming fountain adds a peaceful ambiance, while mature fruit trees bring natural beauty and character to the outdoor space. Whether enjoying your morning coffee, dining outdoors, or hosting gatherings with friends, this delightful backyard offers endless possibilities. Additional highlights include an attached two-car garage with direct access. Conveniently located near parks, shopping, dining, and the many recreational amenities Rancho Santa Margarita has to offer, this home combines comfortable living with an exceptional outdoor setting.
No exterior & parking available.
Grades K-6 • 0.9 mi
Grades 7-8 • 0.8 mi
Grades 9-12 • 3.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 1,498 | 2,146.37 |
| Lot Size | 5,507 | 5,282.037 |
| Price | $975.0K | $1.39M |
| Price per sq ft | $651 | $643 |
| Built year | 1998 | 1993 |
| HOA | $120.0 | $133 |
| Days on market | 4 | 53 |
Oct 21, 2026
$975,000
Initial Listing
Sep 16, 2021
$750,000
Public Record
Jan 22, 2002
$280,000
Public Record
Oct 22, 1998
$221,000
Public Record
Aug 7, 1998
$188,000
Public Record