21 Calle Vaqueta, Rancho Santa Margarita, California 92688, Rancho Santa Margarita, 92688 - 4 bed, 3 bath
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21 Calle Vaqueta
Rancho Santa Margarita, California 92688
ACTIVE
CONDITION: EXCELLENT
4Beds
3Baths
1,602Sq Ft
4,500Lot Size
Property Price
LIST PRICE$1,200,000
EST. MARKET VALUE
$1,244,393
3% BelowMARKET VALUE
SUMMARY
This Stunning Move-In Ready Home is a Strong Value Opportunity, listed at $1,200,000—positioned well below the $1,244,393 Fair Market Value by 3%. This valuation gap offers $44,393 in Instant Equity for the buyer. Featuring a Condition Rating of 2, the home boasts a remodeled chef's kitchen, EV-ready electrical, and mountain views. Located in a safe community with exclusive lake access, this property is the perfect fit for active families or discerning owner-occupants seeking a turnkey, low-maintenance lifestyle.
Estimated Market Value
$1,244,393+$44,393 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 |
|---|---|---|---|---|---|---|
★ 21 Calle Vaqueta Subject | $1,200,000* List Price | 4 | 3 | 1,602 | $777 | - |
A 10 Paulownia Sold | $1,285,000 | 4 | 3 | 1,752 | $733 | 0.3 mi |
B 20 Osoberry Sold | $1,265,000 | 3 | 3 | 1,551 | $816 | 0.2 mi |
C 20 Crucillo Sold | $1,060,000 | 3 | 3 | 1,522 | $696 | 0.2 mi |
D 31 Alumbre Sold | $1,200,000 | 3 | 3 | 1,551 | $774 | 0.2 mi |
E 33 Desert Thorn Sold | $1,255,000 | 3 | 3 | 1,612 | $779 | 0.1 mi |
F 6 Calle Rienda Sold | $1,200,000 | 4 | 3 | 1,660 | $723 | 0.6 mi |
G 4 Firethorn Sold | $1,060,000 | 3 | 3 | 1,522 | $696 | 0.1 mi |
H 6 Calendula Sold | $1,190,000 | 3 | 2 | 1,429 | $833 | 0.8 mi |
I 19 Pawlonia Active Under Contract | $1,095,000 List Price | 3 | 3 | 1,839 | $595 | 0.3 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 home has undergone a comprehensive renovation within the last 5 years. It features a chef-ready remodeled kitchen with custom cabinetry and quartz countertops, contemporary updated bathrooms, and significant system upgrades including a newer HVAC and a new 200-amp electrical panel.
PROSSTRENGTHS & OPPORTUNITIES
- Premium Turnkey Upgrades
The property features a high-end chef's kitchen with ZLINE appliances and custom Koville cabinetry, complemented by modern essentials like a 200-amp EV-ready panel and newer HVAC system.
- Superior Financial Value
With an exceptionally low HOA fee of $91 per month and no Mello Roos, this home offers a significantly lower monthly carrying cost compared to many neighboring communities in Orange County.
- Exclusive Community Amenities
Residents benefit from premium lifestyle perks including exclusive access to the Rancho Santa Margarita Lake & Beach Club, multiple pools, and sports courts in a top-rated safe community.
CONSRISKS & DEFICIENCIES
- Compact Living Area
At 1,602 square feet for a four-bedroom configuration, the interior layout may feel tight, with smaller individual bedroom dimensions and limited common area scaling.
- Limited Backyard Versatility
The 4,500 square foot lot is largely occupied by a half-basketball court and built-in features, which may appeal to active buyers but limits traditional green space or garden flexibility.
About 21 Calle Vaqueta
Stunning 4-bedroom, 3-bath home in the desirable Ranchwood community of Rancho Santa Margarita — turnkey and updated for effortless living and entertaining. Enter into the living room noticing the hardwood floors, windows all around and anchored by a custom-surround fireplace. An adjacent courtyard accessed by French doors, fills the room with light. Check out a chef-ready remodeled kitchen with soft-close custom cabinetry by Koville, quartz countertops, herringbone tile backsplash, a 6-burner ZLINE range, under-counter microwave,lazy susan corners and pull-out bins. Head over to the matching custom wine & coffee bar with glass-front uppers, extra wide drawers for storage, Hisense wine/ beverage fridge and plumbing for an espresso machine. Conveniently, there is one bedroom downstairs to serve as an office or guest room. A custom bannister leads upstairs where you will find durable LVP floors throughout. The primary suite is a serene retreat with a bright contemporary walk-in shower with rainfall ceiling shower, adjustable head, and handheld wand in matte black, double sinks, custom cabinetry, walk-in closet and french doors to a private balcony with sunrise and Saddleback mountain views. The featured upgrades include newer double-pane windows, recessed lighting, newer HVAC, Nest thermostat, whole-house fan and an upgraded garage with built-in storage, epoxy floors, EV ready new electrical panel 200 amps, desk and workbench. The low-maintenance backyard offers a built-in fire pit, half basketball court, large retractable, automatic awning for added outdoor comfort while dining all with serene mountain views. Community perks: 5 pools, courts (basketball, tennis, pickleball), parks, trails and exclusive access to Rancho Santa Margarita Lake & Beach Club. Just a short walk, drive or bike to award winning schools, shopping, dining and fun. . Don’t miss this beautifully maintained, move-in ready home in one of Southern California’s safest, per Safewise, most sought-after communities — perfect for everyday living and memorable entertaining. LOW HOA only $91 a month NO MELLO ROOS
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1987
- Lot Size
- 4,500 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $91.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 1,602 | 2,052.721 |
| Lot Size | 4,500 | 5,381.721 |
| Price | $1.20M | $1.36M |
| Price per sq ft | $749 | $654 |
| Built year | 1987 | 1994 |
| HOA | $91.0 | $146 |
| Days on market | 22 | 53 |
Pricing History
Listed for Sale
Aug 18, 2026
$1,200,000
Initial Listing