
Rancho Santa Margarita, California 92688
This Stunning Move-In Ready Home is a Prime Investment Opportunity, listed at $999,000—positioned well below the $1,025,135 Fair Market Value by 2%. This valuation gap secures $26,135 in Instant Equity for a property in Well-Maintained Condition Rating. Featuring sweeping mountain views, a granite kitchen, and a covered patio, the residence offers a premium lifestyle near top-rated Melinda Heights Elementary and Trabuco Hills High. It is an ideal choice for Owner-Occupants or growing families seeking a turnkey sanctuary.
Property is move-in ready.
Built in 1996, the home has been significantly updated with luxury vinyl plank flooring, granite countertops, and stainless steel appliances. The bathrooms feature modern vanities and subway tile accents. While the kitchen cabinetry retains its original 90s profile, the overall condition is well-maintained, functional, and move-in ready, consistent with a 5-15 year renovation cycle.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 147347, living area = 1693.
The property uniquely backs to a private greenbelt with no rear neighbors, offering rare seclusion and sweeping mountain and valley views in a suburban setting.
The home features high-quality interior finishes including luxury vinyl plank flooring, granite countertops, stainless steel appliances, and a custom-designed primary walk-in closet.
At 1,693 square feet for a four-bedroom home, the individual room sizes and common living areas may feel constrained compared to other detached residences.
Built in 1996, the property may soon require significant capital expenditures for original systems such as the HVAC or roof if they have not been recently replaced.
Backing to a private greenbelt with no rear neighbors and sweeping mountain and valley views, this beautifully maintained Spanish-style home in Rancho Santa Margarita delivers privacy and scenery that is truly rare! The Mediterranean exterior features white stucco, terra cotta tile roof, terracotta shutters, and a two-car attached garage. Inside, an open-concept floor plan showcases luxury vinyl plank flooring throughout, a gas fireplace with built-in media niche, decorative beam ceiling, and graceful arched doorways. The kitchen offers white raised-panel cabinetry, granite countertops, tile backsplash, stainless steel appliances including a gas range, and a sliding door to the backyard. A flexible downstairs room with floor-to-ceiling built-in shelving serves as a home office or guest space, with a full bath adjacent featuring a stylish dark-wood vanity and walk-in shower. Upstairs, the primary suite includes an arched window, ceiling fan, and a custom walk-in closet with built-in drawers, hanging rods, and shoe cubbies. The en-suite bath has dual vanities, subway tile, and a tub/shower combo. Two additional bedrooms with ceiling fans and mirrored closets share a full hall bath. An upstairs laundry room adds everyday convenience. The backyard is a true retreat — a covered patio with ceiling fan, extra large, curved artificial turf lawn, stone retaining wall with bench seating, mature citrus trees, and a second open patio with fire pit area, all framed by the lush, private greenbelt. Community amenities include a lake, pools, parks, tennis courts, and scenic trails. This is a rare opportunity to own a private greenbelt retreat in one of Orange County's most desirable communities — do not miss it.
No exterior & parking available.
Grades K-6 • 0.3 mi
Grades 7-8 • 1.6 mi
Grades 9-12 • 2.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,693 | 1,970 | 38% |
| Lot Size | 147,347 | 4,463.5 | 99% |
| Price | $1.02M | $1.25M | 14% |
| Price per sq ft | $605 | $657 | 31% |
| Built year | 1996 | 1993 | 65% |
| HOA | $192.0 | $91 | 88% |
| Days on market | 38 | 134 | 10% |
May 20, 2026
$1,025,000
$999,000
+3% Price Increase
Initial Listing
May 6, 2026
$999,000
Initial Listing
Oct 22, 1996
$191,500
Public Record