23 Pomelo, Rancho Santa Margarita, California 92688, Rancho Santa Margarita, 92688 - 1 bed, 1 bath
23 Pomelo
Rancho Santa Margarita, California 92688
Property Price
SUMMARY
Analysis of 23 Pomelo, Rancho Santa Margarita, California 92688 is currently available with a list price of $511,900. 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 1990, this property has undergone significant updates that make it move-in ready. The interior features modern LVP flooring, recessed lighting, fresh paint, and plantation shutters. The bathroom has an updated vanity, mirror, and light fixture, along with a newer stackable washer/dryer. While the kitchen cabinets and some appliances (gas range, microwave) are dated, and the shower/tub combo is older, the overall condition is well-maintained and functional, with many components updated within the last 5-15 years, fitting the 'good' criteria.
PROSSTRENGTHS & OPPORTUNITIES
- Exceptional Community & Local Amenities
Residents benefit from La Ventana's private pool and spa, alongside extensive Rancho Santa Margarita amenities including Lago lake, amphitheaters, parks, various sports courts, and hiking trails.
- Modern Interior Finishes
The home features updated vinyl flooring, contemporary baseboards, recessed lighting, and a kitchen equipped with stainless steel appliances, a dishwasher, microwave, and ample counter space.
- Dedicated Parking & Storage
Includes a private attached 1-car garage located directly below the unit with additional storage, plus access to HOA-registered open parking for a second vehicle or guests.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =50553, other record lot size in square feet = 1366.
- High Monthly Association Fees
The $756.0 monthly HOA fee is substantial for a 1-bedroom unit, potentially impacting affordability and long-term ownership costs for prospective buyers.
- Limited Living Space
With only 1 bedroom and 670 sqft, the property caters to a niche market, primarily individuals or couples, and may not accommodate future growth or larger households.
About 23 Pomelo
This is a nice 1 Bedroom and 1 Bath Home perfect for your first home, or second home. It is Located in the La Ventana community in beautiful Rancho Santa Margarita! Property is located as an End unit. 2 Stairways leading up to Front door Patio area. Upon entering it is open wide area of front room and dining area to the right side. Flooring is Vinyl with nice base boards and recessed lighting. The kitchen has stainless steel appliances with a dishwasher and microwave oven. There is a garbage disposal and lots of counter space. There is also plenty of natural lighting for entertainment. The dining area is separate from living room and has extra storage, Master bedroom has large window for extra lighting. There is a mirrored closet door and room has smoke detector. Master Bathroom has a walk-in closet for extra storage and in addition there is a room with stackable washer and dryer. There is also shower and tub combo. For parking there is an attached 1 car garage that is directly located directly below your unit. The garage also has additional storage space. For a second car you can park in any of the open spaces with H.O.A. registration. Open spaces are also for your Guests. La Ventana complex offers a private pool and spa. In the Rancho Santa Margarita area you will enjoy the Lago lake, amphitheaters, parks, tennis courts, pickle ball courts, Basketball courts, Hicking trails and not to mention you will have access to all Samlarc parks and recreations.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1990
- Lot Size
- 50,553 Sq. Ft.
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $756.0 / Month
Neighborhood Insights
Rancho Santa Margarita Unified Schools
Tijeras Creek Elementary School
Grades K-5 • 0.8 mi
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 | 670 | 1,010 | 20% |
| Lot Size | 50,553 | 14,925 | 72% |
| Price | $511.9K | $650.0K | 28% |
| Price per sq ft | $764 | $664 | 91% |
| Built year | 1990 | 1990 | 50% |
| HOA | $756.0 | $452 | 99% |
| Days on market | 60 | 178 | 11% |
Pricing History
Listed for Sale
Jan 6, 2026
$511,900
Initial Listing
Sold
Jul 28, 2023
$420,000
Public Record
Sold
Jun 15, 2018
$305,000
Public Record
Sold
Oct 8, 2013
$235,000
Public Record
Sold
Aug 13, 2003
$210,000
Public Record
Sold
Aug 18, 2000
$111,500
Public Record