21 Silktassel, Rancho Santa Margarita, California 92688, Rancho Santa Margarita, 92688 - 1 bed, 1 bath
21 Silktassel
Rancho Santa Margarita, California 92688
Property Price
SUMMARY
Analysis of 21 Silktassel, Rancho Santa Margarita, California 92688 is currently available with a list price of $499,999. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Rancho Santa Margarita Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
Built in 1986, this property is well-maintained and move-in ready. The kitchen features updated stainless steel appliances, granite countertops, and an automatic faucet. The bathroom also boasts granite countertops and modern fixtures. While the cabinet style and tile flooring throughout are not ultra-modern, they are clean and in good condition, indicating recent updates and regular upkeep. No immediate renovations are required.
PROSSTRENGTHS & OPPORTUNITIES
- Exceptional Location & Lifestyle
Desirable Mission Courts II community with immediate access to Rancho Santa Margarita Beach Club/Lake, schools, shopping, dining, parks, and scenic trails, offering a vibrant lifestyle.
- Modernized Kitchen & Interior Upgrades
Features a kitchen with granite countertops, automatic faucet, and stainless steel appliances, complemented by a custom built-in closet system and desk in the bedroom.
- Extensive Community Amenities
Residents benefit from complex amenities including a pool, spa, and kiddie park, plus access to broader RSM community amenities like the Beach Club Lagoon and sports courts.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 742, other record living area = 642.
- High Monthly HOA Fee
The $418 monthly association fee is substantial for a 1-bedroom unit, impacting affordability and overall cost of ownership.
- Limited Living Space
A 1-bedroom, 1-bathroom layout with 742 sqft restricts the buyer pool, primarily appealing to singles, couples, or investors, and may not suit those needing more space.
About 21 Silktassel
Direable location in Mission Courts II community. Located in close proximity to Rancho Santa Margarita Beach Club/Lake, Santa Margarita Catholic School, Saint Serra Catholic, trails and stunning views of the Saddleback Mountains. Private enclosed front patio, ideal for entertaining guests, relaxing outdoors, or providing a safe and comfortable space for a small pet. The kitchen has granite countertops, automatic faucet, and stainless steel appliances. The spacious bathroom offers comfort and elegance, while the bedroom features a custom built-in closet system and a built-in desk—perfect for working from home, gaming or just staying organized. Additional highlights include an in-unit washer and dryer, refrigerator, storage and an enclosed garage with storage. This complex has pool/spa and kiddie park. Enjoy the vibrant Rancho Santa Margarita lifestyle with nearby shopping, dining, parks, and scenic trails, along with access to community amenities such as pools, the Beach Club Lagoon, and sports courts. Trash included in HOA.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1986
- Lot Size
- 28,835 Sq. Ft.
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $418.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 23% |
| Baths | 1.0 | 2.0 | 30% |
| Square foot | 742 | 1,010 | 24% |
| Lot Size | 28,835 | 14,925 | 65% |
| Price | $500.0K | $650.0K | 22% |
| Price per sq ft | $674 | $664 | 57% |
| Built year | 1986 | 1990 | 13% |
| HOA | $418.0 | $452 | 38% |
| Days on market | 120 | 178 | 28% |
Pricing History
Listed for Sale
Jan 13, 2026
$499,999
$522,000
-4% Price Drop
Initial Listing
Price Change
Dec 11, 2025
$522,000
$539,000
-3% Price Drop
Initial Listing
Price Change
Nov 7, 2025
$539,000
Initial Listing
Sold
Dec 15, 2017
$295,000
Public Record
Sold
Mar 20, 2009
$174,500
Public Record
Sold
Jul 27, 2005
$330,000
Public Record
Sold
Jun 10, 2004
$270,000
Public Record
Sold
Dec 30, 2002
$179,000
Public Record