
Rancho Santa Margarita, California 92688
This Turnkey Single-Family Residence represents a Strong Value Opportunity, listed at $999,999—positioned well below the $1,025,458 Fair Market Value by 2%. This valuation gap offers $25,459 in Instant Equity for the buyer. Featuring an Excellent Condition Rating with modern updates, the home offers a versatile split-level layout, a private deck, and scenic Hills views. Located steps from an award-winning K-8 school in the Capistrano Unified district, this property is an ideal acquisition for Owner-Occupants or first-time buyers seeking a lifestyle-focused, move-in ready home.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 24 Calle Fortuna Subject | $999,999* List Price | 3 | 3 | 1,574 | $651 | - |
A 5 Galisteo Sold | $1,045,000 | 4 | 3 | 1,597 | $654 | 0.2 mi |
B 29 Calle Verano Sold | $1,055,000 | 3 | 3 | 1,574 | $670 | 0.2 mi |
C 9 Galisteo Sold | $1,040,000 | 3 | 3 | 1,597 | $651 | 0.2 mi |
D 10 Acorn Sold | $1,067,000 | 3 | 3 | 1,470 | $726 | 1.0 mi |
E 2 Via Helena Sold | $1,180,000 | 3 | 3 | 1,976 | $597 | 0.8 mi |
F 4 Daybreak Ln Pending | $1,055,000 List Price | 3 | 3 | 1,422 | $742 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1996 (30 years old), the property shows clear evidence of updates including modern hard-surface flooring, neutral paint, and stainless steel appliances. It is well-maintained, staged, and move-in ready, suggesting renovations within the 5-15 year range.
Residents benefit from a remarkably low $91 HOA fee while gaining access to premium Rancho Santa Margarita facilities, including four Olympic-sized pools and the exclusive Beach Club swim lagoon.
The home is ideally situated just steps from an award-winning K-8 school, offering unparalleled convenience for families and enhancing the property's long-term resale value.
The unique floor plan features high ceilings and separate living areas on different levels, providing the flexibility needed for a home office, media room, or multi-generational living.
As a single-family attached home, the presence of shared walls may be a drawback for buyers specifically seeking the privacy and noise isolation of a fully detached residence.
The 3,200 square foot lot is relatively compact, which limits private backyard utility for buyers looking for extensive gardening space or large outdoor play areas.
Welcome to this inviting 3-bedroom, 2.5-bathroom single-family attached home in the heart of Rancho Santa Margarita, offering a versatile split-level floor plan, a great location, and access to some of the best community amenities in South Orange County. From the moment you enter, you’re greeted by high ceilings that create an open and airy first impression. The split-level layout gives the home a unique sense of space and separation, making it ideal for both everyday living and entertaining. Upstairs, the main living area features a spacious family room with access to a private deck—perfect for enjoying your morning coffee, fresh air, or a quiet evening outside. The kitchen is conveniently located nearby and comes equipped with stainless steel appliances, making the space functional and easy to enjoy. The upper level also includes the private primary suite, complete with a walk-in closet and full ensuite bathroom. Downstairs, the home offers a separate living area, giving you added flexibility for a media room, playroom, office, or additional lounge space. Two secondary bedrooms complete the lower level, creating a smart layout that works well for families, guests, or anyone wanting extra room to spread out. The location is a major highlight. With just one low HOA, residents enjoy access to Rancho Santa Margarita’s resort-style amenities, including four Olympic-sized swimming pools, parks, sport courts, and the highly loved Beach Club swim lagoon on RSM Lake. Even better, this home is just steps from an award-winning K-8 school, making the daily routine incredibly convenient. With its flexible floor plan, private deck, desirable community amenities, and prime Rancho Santa Margarita location, this home offers comfort, convenience, and a lifestyle that is hard to beat.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 1,574 | 2,093 |
| Lot Size | 3,200 | 5,515 |
| Price | $1000.0K | $1.34M |
| Price per sq ft | $635 | $636 |
| Built year | 1996 | 1995 |
| HOA | $91.0 | $140 |
| Days on market | 12 | 50 |
Jul 10, 2026
$999,999
Initial Listing
Dec 22, 2022
$850,000
Public Record
Oct 7, 2010
$442,000
Public Record
Oct 23, 2000
$254,500
Public Record
Mar 25, 1996
$173,000
Public Record