2 Primula, Rancho Santa Margarita, California 92688, Rancho Santa Margarita, 92688 - 2 bed, 2 bath
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2 Primula
Rancho Santa Margarita, California 92688
ACTIVE
CONDITION: EXCELLENT
2Beds
2Baths
1,024Sq Ft
9,511Lot Size
Property Price
LIST PRICE$689,000
EST. MARKET VALUE
$675,512
SUMMARY
This Turnkey Single-Story Condominium is listed at $689,000, reflecting a stable market position relative to its $675,512 Fair Market Value. Featuring a Mint Condition Rating, the home offers a fully remodeled kitchen, wide-plank vinyl flooring, and a private oversized patio. Located in the desirable Brisa Del Lago II community, residents enjoy proximity to the RSM Beach Club and top-rated schools within the Saddleback Valley Unified district. This property provides a seamless, low-maintenance lifestyle, making it an ideal sanctuary for first-time buyers or downsizing professionals seeking a move-in ready home.
Estimated Market Value
$675,512
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 |
|---|---|---|---|---|---|---|
★ 2 Primula Subject 2 bd · 2 ba · 1,024 sqft · $660 | $689,000* List Price | 2 | 2 | 1,024 | $660 | - |
A 26 Dianthus Sold 2 bd · 2 ba · 922 sqft · $689 · 0.0 mi | $635,000 | 2 | 2 | 922 | $689 | 0.0 mi |
B 27 Lobelia Sold 1 bd · 1 ba · 841 sqft · $690 · 0.0 mi | $580,000 | 1 | 1 | 841 | $690 | 0.0 mi |
C 6 Dianthus Sold 2 bd · 2 ba · 1,000 sqft · $635 · 0.1 mi | $635,000 | 2 | 2 | 1,000 | $635 | 0.1 mi |
D 46 Celosia Sold 2 bd · 2 ba · 975 sqft · $638 · 0.1 mi | $621,580 | 2 | 2 | 975 | $638 | 0.1 mi |
E 82 Montana Del Lago Sold 2 bd · 2 ba · 886 sqft · $621 · 0.5 mi | $550,000 | 2 | 2 | 886 | $621 | 0.5 mi |
F 17 Via Honrado Sold 2 bd · 2 ba · 939 sqft · $638 · 0.6 mi | $599,000 | 2 | 2 | 939 | $638 | 0.6 mi |
G 18 Marino Sold 2 bd · 2 ba · 888 sqft · $732 · 0.8 mi | $650,000 | 2 | 2 | 888 | $732 | 0.8 mi |
H 80 Montana Del Lago Drive Sold 2 bd · 2 ba · 827 sqft · $695 · 0.5 mi | $575,000 | 2 | 2 | 827 | $695 | 0.5 mi |
I 2 Dianthus Active 2 bd · 2 ba · 1,024 sqft · $683 · 0.1 mi | $699,900 List Price | 2 | 2 | 1,024 | $683 | 0.1 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 1989, the property has undergone a comprehensive recent renovation including a remodeled kitchen with newer appliances, updated bathrooms with a custom walk-in shower, and new wide-plank vinyl flooring. Critical systems including the HVAC and water heater are also newer, placing it in mint, move-in ready condition.
PROSSTRENGTHS & OPPORTUNITIES
- Single-Level Accessibility
As a corner unit with no stairs, this single-story home offers rare accessibility and enhanced privacy within the desirable Brisa Del Lago II community.
- Prime Lakeside Location
Ideally situated directly across from Rancho Santa Margarita Lake, the property provides immediate walking access to the Beach Club, parks, and local dining.
- Turnkey Modern Upgrades
The home features a fully remodeled kitchen, custom walk-in shower, and newer HVAC system, offering a move-in-ready experience with contemporary finishes.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =9511, other record lot size in square feet = 15592. Living area discrepancy between mls listing and other public or private record. mls listing living area = 1024, other record living area = 974.
- Compact Square Footage
At 1,024 square feet, the interior living space is relatively modest for a two-bedroom home, which may limit appeal for buyers seeking larger common areas.
- Split Garage Configuration
While the unit includes two garages, the second space is located across the driveway rather than being attached, which may be less convenient for multi-vehicle households.
About 2 Primula
Single Story Dream Home! Ideally located in the desirable lakeside community of Brisa Del Lago II, directly across the street from the beautiful Rancho Santa Margarita Lake. Single level corner unit...NO STAIRS! Beautifully remodeled white kitchen with newer appliances. Primary bath has custom walk-in shower and clear glass enclosure. Secondary bath complete with new vanity. Wide plank, wood look, vinyl floors throughout...NO CARPET! French doors in the Primary and Living Room lead to a VERY PRIVATE, low maintenance, OVERSIZED, quiet patio, perfect for indoor/outdoor entertaining. Newer HVAC system, water heater and garbage disposal. Washer, Dryer and Refrigerator are included. There is plenty of storage inside the home and a 1 car garage with direct access. 2nd 1 car garage is directly across the driveway. Community amenities include a private swimming pool, jacuzzi and BBQ. Enjoy, within walking distance, RSM Beach Club Membership, 13 parks, sport courts, hiking trails, shopping, entertainment, dining and schools. Condo is FHA approved.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1989
- Lot Size
- 9,511 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $315.0 / Month
Neighborhood Insights
Rancho Santa Margarita Unified Schools
Trabuco Mesa Elementary School
Grades PK-6 • 0.4 mi
7/10
Rancho Santa Margarita Intermediate School
Grades 7-8 • 0.8 mi
7/10
Trabuco Hills High School
Grades 9-12 • 3.8 mi
8/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,024 | 1,056.017 |
| Lot Size | 9,511 | 26,968.576 |
| Price | $689.0K | $672.1K |
| Price per sq ft | $673 | $625 |
| Built year | 1989 | 1990 |
| HOA | $315.0 | $470 |
| Days on market | 16 | 54 |
Pricing History
Listed for Sale
Oct 9, 2026
$689,000
Initial Listing
Sold
Mar 30, 2017
$418,000
Public Record
Sold
May 29, 1998
$118,000
Public Record