24 Calle Estero, Rancho Santa Margarita, California 92688, Rancho Santa Margarita, 92688 - 3 bed, 3 bath
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Rancho Santa Margarita, California 92688
This Versatile Move-In Ready Home represents a Prime Investment Opportunity with a List Price of $1,137,500—positioned well below the $1,164,420 Fair Market Value by 2%. This strategic pricing provides $26,920 in Instant Equity. Featuring a Condition Rating of 3, the residence includes a Granite Kitchen, manufactured wood flooring, and a flexible permitted bonus room. The exterior boasts low-maintenance Artificial Turf and a Covered Patio. Located within the Capistrano Unified School District, it is perfectly suited for growing families or Owner-Occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 24 Calle Estero Subject | $1,137,500* List Price | 3 | 3 | 1,989 | $572 | - |
A 19 Via Pelayo Sold | $1,315,000 | 3 | 3 | 1,997 | $658 | 0.3 mi |
B 35 Via Caseta Sold | $1,130,000 | 3 | 3 | 1,689 | $669 | 0.6 mi |
C 5 El Vado Drive Sold | $900,000 | 3 | 3 | 1,495 | $602 | 0.1 mi |
D 2 Via Helena Sold | $1,180,000 | 3 | 3 | 1,976 | $597 | 0.7 mi |
E 29 Calle Verano Pending | $1,059,000 List Price | 3 | 3 | 1,574 | $673 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and exceptionally well-maintained. Although built in 1995, it features significant updates including manufactured wood flooring, granite countertops in the kitchen, and high-quality artificial turf in the yards. The interior is clean with modern touches like wooden shutters and ceiling fans, though it stops short of 'excellent' as it lacks a full, high-end contemporary renovation of all cabinetry and appliances within the last five years.
The home features a fully permitted bonus room that can easily be converted into a fourth bedroom, providing excellent flexibility for growing families or a dedicated home office.
Both the front and back yards are equipped with high-quality artificial turf and a covered patio deck, offering a clean, drought-tolerant space perfect for year-round entertaining with minimal upkeep.
Situated in the desirable California Tesoro community, the property is within walking distance to Arroyo Vista Park, offering residents access to a community pool, sports courts, and top-tier local schools.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 4.
At 3,200 square feet, the lot is relatively small for a single-family residence in this price range, which may limit options for buyers desiring a large private yard or garden.
The property does not offer the panoramic or territorial views often sought after in the Rancho Santa Margarita area, which may affect its competitive appeal compared to nearby view-oriented homes.
Beautifully maintained Tesoro Home with Bonus Room and Outdoor Living... Welcome to this spacious and versatile three-bedroom, bonus room, two-and-half bath, two-story home offering 1,989 square feet of well-designed living space in the well sought area of California Tesoro neighborhood of Rancho Santa Margarita. The first level features manufactured wood flooring throughout, including the staircase, and welcomes you into a generous living room that can easily function as a formal dining area, home office or entertainment space. The downstairs also includes a cozy family room with fireplace that flows seamlessly into the dining area and kitchen, creating an ideal layout for both everyday living and gatherings. The kitchen is appointed with granite countertops and ample cabinetry. The dining area opens to a covered patio deck, extending your living area to a spacious and entertaining outdoor area. The backyard and front yard feature low-maintenance artificial turf, perfect for relaxing or entertaining year-round. Additional downstairs conveniences include a half bathroom and a dedicated indoor laundry room. Upstairs, you'll find wall-to-wall carpeting and a fully permitted bonus room that offers excellent flexibility and may be converted into a fourth bedroom with a smaller loft area. The spacious primary suite features a walk-in closet and a private full bathroom. Secondary bedrooms are well-sized and share a full hall bath. Additional highlights include wooden shutters and ceiling fans throughout the home and a clean, organized 2-car garage complete with built-in workbenches. Ideally located near parks, schools, shopping, and community amenities. Nearby Arroyo Vista Park which offers community pool, sports courts and amenities. Close to shopping, dining and toll roads. This home offers comfort, flexibility and style in one of Rancho Santa Margarita's most sought-after neighborhoods.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 47% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,989 | 1,977 | 52% |
| Lot Size | 3,200 | 4,427 | 14% |
| Price | $1.14M | $1.23M | 31% |
| Price per sq ft | $572 | $636 | 17% |
| Built year | 1995 | 1994 | 56% |
| HOA | $91.0 | $91 | 50% |
| Days on market | 85 | 148 | 30% |
Jan 27, 2026
$1,137,500
Initial Listing
Oct 24, 1995
$183,500
Public Record