
Rancho Santa Margarita, California 92688
This Turnkey Single-Family Residence is a Prime Investment Opportunity, listed at $1,175,000—positioned well below the $1,199,999 Fair Market Value by 2%. This valuation gap offers $24,999 in Instant Equity. Featuring a Condition Rating of 3, the home includes a Granite Kitchen, paid-for solar, and a versatile downstairs bedroom. Located in the Saddleback Valley Unified district, it offers a high-quality lifestyle for Owner-Occupants and first-time buyers seeking a move-in ready sanctuary with community amenities.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 27 Las Cruces Subject 4 bd · 3 ba · 1,975 sqft · $608 | $1,150,000* List Price | 4 | 3 | 1,975 | $608 | - |
A 45 Paseo Vespertino Sold 3 bd · 3 ba · 1,735 sqft · $706 · 0.4 mi | $1,224,900 | 3 | 3 | 1,735 | $706 | 0.4 mi |
B 14 Paseo Vecino Sold 3 bd · 3 ba · 1,735 sqft · $671 · 0.3 mi | $1,165,000 | 3 | 3 | 1,735 | $671 | 0.3 mi |
C 7 Paseo Simpatico Sold 3 bd · 3 ba · 1,500 sqft · $733 · 0.4 mi | $1,100,000 | 3 | 3 | 1,500 | $733 | 0.4 mi |
D 36 Paseo Brezo Sold 4 bd · 3 ba · 1,835 sqft · $621 · 0.6 mi | $1,140,000 | 4 | 3 | 1,835 | $621 | 0.6 mi |
E 7 Temecula Court Sold 3 bd · 3 ba · 1,551 sqft · $677 · 0.9 mi | $1,050,000 | 3 | 3 | 1,551 | $677 | 0.9 mi |
F 4 Via Joaquin Sold 3 bd · 3 ba · 1,522 sqft · $700 · 1.0 mi | $1,065,000 | 3 | 3 | 1,522 | $700 | 1.0 mi |
G 32 Sevilla Active 4 bd · 3 ba · 1,916 sqft · $558 · 0.2 mi | $1,070,000 List Price | 4 | 3 | 1,916 | $558 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1998 but features mid-age renovations including granite countertops, refinished cabinetry, and stainless steel appliances. The home is meticulously maintained, fully functional, and move-in ready.
The home features a highly desirable downstairs bedroom and full bathroom, ideal for guests or multi-generational living, complemented by an open-concept layout and high ceilings.
Equipped with fully paid-for solar panels for significant utility savings, the property also boasts premium interior finishes including granite countertops and stainless steel appliances.
Residents enjoy access to the extensive SAMLARC association facilities, including the Beach Club, multiple swimming pools, and sports courts for a very competitive monthly fee.
At just 2,967 square feet, the lot is relatively compact for a detached single-family residence, which may restrict outdoor activities and privacy.
The property has undergone a price reduction and remained on the market for 38 days, suggesting the initial list price may have exceeded current buyer expectations for the area.
Welcome to 27 Las Cruces! This is the home you've been waiting for! Located in the Santa Fe neighborhood, this upgraded and meticulously maintained home boasts the most sought-after floor plan. The ideal layout offers a downstairs bedroom with a full bathroom and the always popular open concept with tall ceilings, making it light and bright. Upstairs are three additional bedrooms, two full bathrooms, a laundry room, and a small loft for office/homework space. The large primary bedroom boasts two closets (one is a walk-in). The large kitchen offers a center island with a breakfast bar and a walk-in pantry. The spacious living area boasts a fireplace and a convenient nook, while the dining area features a custom sliding door and a built-in buffet. What more could you possibly want in your next home? This gorgeous residence boasts upgrades galore, including granite counters, refinished cabinetry, stainless steel appliances, newer carpet, custom mouldings (base and crown), and ceiling fans in all bedrooms, added storage in the garage, and paid-for solar, which provides a noticeable savings on power expenses. The freshly painted exterior enhances the private backyard, which boasts artificial turf, custom hardscape, and fruit trees. You will love spending time outdoors in this inviting yard. This home truly gives "move-in ready" a whole new meaning! One low monthly association (Samlarc) gives access to the community amenities, including swimming pools, parks, pickleball and tennis courts, and the always popular beach club. Shopping, dining, schools, and more are conveniently in close proximity to the home.
No exterior & parking available.
Grades K-6 • 1.0 mi
Grades 7-8 • 0.8 mi
Grades 9-12 • 3.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 1,975 | 2,146.37 |
| Lot Size | 2,967 | 5,282.037 |
| Price | $1.15M | $1.39M |
| Price per sq ft | $582 | $643 |
| Built year | 1998 | 1993 |
| HOA | $91.0 | $133 |
| Days on market | 66 | 53 |
Oct 3, 2026
$1,150,000
$1,175,000
-2% Price Drop
Initial Listing
Sep 12, 2026
$1,175,000
$1,199,999
-2% Price Drop
Initial Listing
Aug 20, 2026
$1,199,999
Initial Listing
May 3, 2019
$725,000
Public Record
Apr 24, 2017
$695,000
Public Record