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27 Feldspar Way, Rancho Santa Margarita, California 92688, Rancho Santa Margarita, 92688 - 6 bed, 3 bath

27 Feldspar Way, Rancho Santa Margarita, California 92688 home-pic-0
ACTIVE$1,349,000$2,287/sqft
Est. Value: $1,376,444
2%
FairlyEstimate
27 Feldspar Way, Rancho Santa Margarita, California 92688
6Beds
3Baths
2,287Sqft
3,951Lot

Price Vs. Estimate

The estimated value mostly matches the list price at $1,349,000.

Key pros and cons

Top Pros:
Exceptional Community Amenities & Low HOA: Residents benefit from low HOA dues and access to SAMLARC's extensive amenities, including multiple pools, a beach club, splash pad, dog park, and various sports courts, offering a vibrant lifestyle.
Top Cons:
No Mention of Cooling System: The property description does not specify the presence of a cooling system (e.g., air conditioning), which could be a significant drawback during warmer months in Southern California.

Compared to the nearby listings

Price:$1.35M vs avg $1.23M (+$124,000)69%
Size:2,287 sqft vs avg 2,000 sqft72%
Price/sqft:$590 vs avg $63128%

More Insights

Built in 1998 (28 years old).
Condition: This property, built in 1998, has undergone extensive and recent renovations, bringing its interior to an excellent, virtually new condition. The description highlights fresh paint, new luxury vinyl flooring, wide baseboards, modern door hardware, new light switches, canned lighting, and ceiling fans throughout. The kitchen features modern white cabinets, granite countertops, and stainless steel appliances, all appearing pristine. Bathrooms are also updated with new vanities, faucets, and lighting. While the original build year is older, the comprehensive and recent upgrades mean all visible components meet current quality standards with no deferred maintenance, making it move-in ready and aligning with the 'extensively renovated recently' criteria for an excellent score.
Year Built
1998
Close
-
List price
$1.35M
Original List price
$1.35M
Price/Sqft
$590
HOA
$75
Days on market
-
Sold On
-
MLS number
OC26001092
Home ConditionExcellent
Features
Good View: City Lights, Mountain(s), Trees/Woods
Patio
ViewCity Lights,Mountain(s),Trees/Woods

About this home

Spectacular Views! 6 Bedrooms! 3 Baths! Functional excellence defines this home! Incredibly designed and upgraded to maximize the use and enjoyment of this great floor plan! The home’s interior has been freshly painted and upgraded with stunning new luxury vinyl flooring, wide baseboards, updated with modern door hardware, new light switches, new canned lighting in each of the bedrooms and throughout the living areas, new ceiling fans in each of the bedrooms upstairs and the family room. For added elegance, beautiful new chandeliers grace the dining room and staircase. The crown molding is very nice too! The open-concept layout flows seamlessly from the formal living and dining areas into a bright kitchen and a cozy family room anchored by a charming brick fireplace.The living room, dining room, family room and kitchen are designed to entertain! Both the kitchen, with the large glass sliding doors, and the family room with all of its windows, allow for tons of natural light, as well as year round enjoyment of the private backyard and its beautiful views from inside the home! The layout is exceptionally versatile, offering five spacious bedrooms upstairs and a sixth bedroom conveniently located downstairs—perfect for a home office—located right beside a full bathroom. The massive primary suite serves as a true sanctuary with a large walk-in closet and serene mountain views. The primary ensuite has a dual vanity with new faucets and lighting, a separate shower and a deep tub to soak off the day. The laundry room is conveniently located between the garage and hallway and has a coat closet for additional storage! Outside, the large, very private backyard is a peaceful retreat featuring an easy to maintain large covered patio and stunning tree and mountain vistas—the perfect spot to enjoy a California sunset. Residents benefit from low HOA dues and the incredible amenities of SAMLARC, including four Jr. Olympic-size pools, the Santa Margarita Beach Club, a splash pad, a dog park, and premier courts for pickleball, tennis, basketball, and more. Not to mention it's just a short distance from award winning schools, the 241 Toll Road, lots of great restaurants and shopping, the nearby Central Park and Estrella Vista Park, which is just down the street. This home offers an unparalleled lifestyle in a prime location.

S
Senka Plese
Listing Agent

Nearby schools

8/10
Melinda Heights Elementary School
Public,•K-6•0.6mi
7/10
Rancho Santa Margarita Intermediate School
Public,•7-8•1.4mi
8/10
Trabuco Hills High School
Public,•9-12•2.3mi

Price History

Date
Event
Price
02/25/00
Sold
$332,000
12/15/98
Sold
$308,500
09/30/02
Sold
$449,000
Condition Rating
Excellent
This property, built in 1998, has undergone extensive and recent renovations, bringing its interior to an excellent, virtually new condition. The description highlights fresh paint, new luxury vinyl flooring, wide baseboards, modern door hardware, new light switches, canned lighting, and ceiling fans throughout. The kitchen features modern white cabinets, granite countertops, and stainless steel appliances, all appearing pristine. Bathrooms are also updated with new vanities, faucets, and lighting. While the original build year is older, the comprehensive and recent upgrades mean all visible components meet current quality standards with no deferred maintenance, making it move-in ready and aligning with the 'extensively renovated recently' criteria for an excellent score.
Pros & Cons

Pros

Exceptional Community Amenities & Low HOA: Residents benefit from low HOA dues and access to SAMLARC's extensive amenities, including multiple pools, a beach club, splash pad, dog park, and various sports courts, offering a vibrant lifestyle.
Extensive Recent Interior Upgrades: The home features fresh paint, new luxury vinyl flooring, wide baseboards, modern door hardware, new lighting, ceiling fans, and elegant chandeliers, providing a move-in ready and modernized aesthetic.
Versatile & Spacious Floor Plan (6 Beds/3 Baths): With six bedrooms, including a convenient downstairs bedroom and full bath, the layout offers exceptional versatility for large families, guests, or dedicated home office space.
Spectacular Views & Private Backyard: Enjoy stunning mountain, tree, and city light views from both inside the home and the large, private, easy-to-maintain covered patio, perfect for relaxation and entertaining.
Prime Location & Top-Rated Schools: The property is ideally located near award-winning schools, parks (Central Park, Estrella Vista Park), shopping, dining, and the 241 Toll Road, enhancing convenience and desirability.

Cons

No Mention of Cooling System: The property description does not specify the presence of a cooling system (e.g., air conditioning), which could be a significant drawback during warmer months in Southern California.
Relatively Small Lot Size for Home Scale: The 3951 sqft lot size, while described as private, is relatively modest for a 6-bedroom home, potentially limiting expansive outdoor living space or perceived yard size for some buyers.
Potential for Older Major Systems: While cosmetic and lighting upgrades are noted, the 1998 build year suggests that major systems (e.g., HVAC, water heater, roof) may be original or older, potentially requiring future maintenance or replacement.
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