
Santa Margarita, California 93453
This Spacious Single-Family Residence is a Strong Value Opportunity, listed at $960,000—positioned well below the $995,922 Fair Market Value by 3%. This valuation gap offers $35,922 in Instant Equity. Featuring a Condition Rating of 3, the home offers a move-in ready lifestyle with an incredible backyard, above-ground pool, and stunning mountain views. While the interior retains classic 1965 character, it provides a solid foundation for personalization. This property is an ideal acquisition for Owner-Occupants or first-time buyers seeking a unique, lifestyle-focused home.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 22460 F Street Subject | $960,000* List Price | 3 | 2 | 1,612 | $618 | - |
A 9720 Encina Sold | $800,000 | 3 | 2 | 1,400 | $571 | 0.4 mi |
B 9565 Pinal Avenue Sold | $920,000 | 3 | 3 | 1,632 | $564 | 0.3 mi |
C 9555 Estrada Avenue Sold | $725,000 | 2 | 1 | 1,092 | $664 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1965, the home is well-maintained and move-in ready with significant updates. Key improvements include a modernized primary bathroom, newer laminate flooring, and the installation of three modern mini-split HVAC systems. The kitchen, while featuring older tile countertops, is functional and clean, and the extensive outdoor living areas are in good condition.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 15000, living area = 1612.
The expansive 15,000 sq ft lot is a standout feature, offering an above-ground pool with a raised deck, multiple entertaining patios, a pergola, and professional landscaping with stunning mountain views.
The home features desirable interior details such as exposed beams, wood plank ceilings, and a stone-mantel fireplace, providing a rustic charm and unique aesthetic that differentiates it from standard builds.
The kitchen utilizes tile countertops and older cabinetry styles consistent with its 1965 origin, which may require additional investment for buyers seeking a modern, high-end aesthetic.
The home relies on three individual mini-split units rather than a full central HVAC system, potentially leaving some areas of the house less comfortable during extreme temperature fluctuations.
Welcome to 22460 F Street in Santa Margarita, a 3-bedroom, 2-bath home offering 1,612± sq ft of living space on a spacious 15,000± sq ft lot, highlighted by an incredible backyard with multiple entertaining areas, a pool, lush landscaping & beautiful views toward Santa Margarita Ranch and the western mountain ranges. Step inside to an expansive living room featuring a large picture window, wood-burning fireplace with a gas starter & stone mantel, & exposed beams & wood plank ceilings that continue into the kitchen & dining areas. The kitchen offers tile countertops, tile backsplash, upper cabinetry & a window overlooking the front yard, while the adjoining dining area creates an easy connection between the main living spaces. Just beyond the kitchen is the laundry room with a pantry cabinet, additional upper storage, & garage access. The spacious primary suite features a sliding glass door that opens to its own shaded porch, while the primary bath includes dual sinks & a soaking tub with handheld shower capability. Two additional guest bedrooms are located down the hall along with the guest bathroom. Three separate mini-split systems provide added comfort, with units located in the living room, primary bedroom & one guest bedroom. The backyard is where this property truly stands out. An above-ground pool is surrounded by a raised wood deck overlooking Santa Margarita Ranch. A dedicated BBQ deck sits adjacent to a stone paver patio beneath a mature fruitless mulberry tree with a tire swing. The expansive landscaped lawn is accented by palms, river rock, established plantings & a fountain centerpiece. Toward the rear of the property, a brick paver patio with pergola & string lights creates an inviting place to relax, entertain & take in views of the western mountain ranges and incredible sunsets. Additional exterior features include a separate fenced area currently used as a dog run, another fenced storage area with a shed, a pool shed, RV/boat parking along the side of the home, a large driveway & an oversized garage with a single garage door. The fenced front yard includes lawn, a mature fruitless mulberry shade tree, a peach tree & a welcoming front porch. A special Santa Margarita property offering character, space & an exceptional outdoor lifestyle!!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.5 |
| Baths | 2.0 | 2.3 |
| Square foot | 1,612 | 1,666 |
| Lot Size | 15,000 | 6,028,845.45 |
| Price | $960.0K | $984.4K |
| Price per sq ft | $596 | $587 |
| Built year | 1965 | 1964 |
| HOA | $0 | $0 |
| Days on market | 5 | 184 |
Sep 4, 2026
$960,000
Initial Listing
Dec 22, 1998
$137,000
Public Record