23 Vista Colinas, Rancho Santa Margarita, California 92688, Rancho Santa Margarita, 92688 - 2 bed, 3 bath
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23 Vista Colinas
Rancho Santa Margarita, California 92688
ACTIVE
CONDITION: GOOD
2Beds
3Baths
1,275Sq Ft
113,922Lot Size
Property Price
LIST PRICE$799,900
EST. MARKET VALUE
$773,733
3% AboveMARKET VALUE
SUMMARY
This Turnkey Townhouse is a Strong Value Opportunity, listed at $808,000—positioned slightly above the $776,462 Fair Market Value. While the list price reflects a premium, the property maintains an Excellent Condition Rating with significant upgrades, including newer HVAC, windows, and a renovated kitchen. Located in the Saddleback Valley Unified district, it offers proximity to top-rated schools like Trabuco Mesa Elementary. With a versatile loft and private patio, this home provides a stress-free lifestyle for first-time buyers or owner-occupants seeking a move-in ready residence.
Estimated Market Value
$773,733
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 |
|---|---|---|---|---|---|---|
★ 23 Vista Colinas Subject | $799,900* List Price | 2 | 3 | 1,275 | $607 | - |
A 24 Vista Sierra Sold | $800,000 | 2 | 3 | 1,352 | $592 | 0.1 mi |
B 23 Vista Colinas Sold | $798,000 | 2 | 3 | 1,275 | $626 | 0.0 mi |
C 10 Buttercup Sold | $898,000 | 3 | 3 | 1,423 | $631 | 0.4 mi |
D 26 Montana Del Lago Sold | $737,000 | 2 | 3 | 1,440 | $512 | 0.5 mi |
E 14 Brisa Ribera Pending | $699,000 List Price | 2 | 2 | 922 | $758 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Although built in 1989, the property is well-maintained and move-in ready with a renovated kitchen featuring stone countertops and stainless steel appliances. The listing confirms critical systems are updated, including newer HVAC, water heater, and windows, meeting the criteria for a functional, updated home.
PROSSTRENGTHS & OPPORTUNITIES
- Turnkey Upgrades
The property is move-in ready with significant recent improvements, including newer windows, doors, water heater, furnace, and A/C system, reducing immediate maintenance costs for the buyer.
- Versatile Floor Plan
The inclusion of a spacious loft in addition to two bedrooms provides excellent flexibility for a home office, gym, or secondary living area, maximizing the functional square footage.
- Prime School Proximity
Situated within walking distance to Trabuco Mesa Elementary and served by high-rated schools, this location offers exceptional value for families prioritizing education and convenience.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =113922, other record lot size in square feet = 9999.
- Recently Sold Property
The property was recently sold within the past year on 2026-03-11. The sold price is $798,000.00.
- Lack of Views
The property is noted as having no specific view, which may be a competitive disadvantage in a region where hillside or community views are highly sought after.
About 23 Vista Colinas
Move right into this spacious and upgraded townhome in the desirable Vista La Cuesta community. This home features 2 Bedrooms PLUS a LOFT, 2 full bathrooms, and a convenient half bath for guests. A charming private front patio, enclosed with a white vinyl fence and gate, offers the perfect space to relax, BBQ, and entertain. Inside, the living room welcomes you with high ceilings, abundant natural light, and a cozy fireplace, flowing seamlessly into the dining area and the nicely updated kitchen. Upstairs, you’ll find a generous loft with a window, a secondary bedroom with mirrored closet doors and its own private bathroom, and a spacious primary suite complete with multiple windows, two closets, a dual vanity, a privacy door for the shower, and a large soaking tub. Additional highlights include a two-car garage with direct access and laundry area, and numerous upgrades such as newer windows, doors, water heater, furnace, and A/C. This is a wonderful opportunity to own a bright, comfortable home in a fantastic community.
Property Details
Public Facts
- Property Type
- Townhouse
- Year Built
- 1989
- Lot Size
- 113,922 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $422.0 / Month
Neighborhood Insights
Rancho Santa Margarita Unified Schools
Trabuco Mesa Elementary School
Grades PK-6 • 0.3 mi
7/10
Rancho Santa Margarita Intermediate School
Grades 7-8 • 0.8 mi
7/10
Trabuco Hills High School
Grades 9-12 • 3.9 mi
8/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.6 |
| Baths | 3.0 | 3.0 |
| Square foot | 1,275 | 1,455.6 |
| Lot Size | 113,922 | 25,497.667 |
| Price | $799.9K | $866.2K |
| Price per sq ft | $627 | $604 |
| Built year | 1989 | 1990 |
| HOA | $422.0 | $512 |
| Days on market | 26 | 63 |
Pricing History
Listed for Sale
Aug 21, 2026
$799,900
$808,000
-1% Price Drop
Initial Listing
Price Change
Aug 14, 2026
$808,000
Initial Listing
Sold
Mar 11, 2026
$798,000
Public Record
Sold
Mar 30, 2023
$612,000
Public Record
Sold
Jul 27, 2012
$324,500
Public Record