27 Las Cruces, Rancho Santa Margarita, California 92688, Rancho Santa Margarita, 92688 - 4 bed, 3 bath
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27 Las Cruces
Rancho Santa Margarita, California 92688
ACTIVE
CONDITION: GOOD
4Beds
3Baths
1,975Sq Ft
2,967Lot Size
Property Price
LIST PRICE$1,199,999
EST. MARKET VALUE
$1,234,770
SUMMARY
This Stunning Move-In Ready Home represents a Prime Investment Opportunity, listed at $1,199,999—positioned well below the $1,234,771 Fair Market Value by 2%. This valuation gap offers $34,772 in Instant Equity for the buyer. Featuring a Condition Rating of 3, the home includes a Granite Kitchen, Paid-for Solar, and a versatile floor plan. Located in the Saddleback Valley Unified district, this residence is an ideal choice for Owner-Occupants or first-time buyers seeking a turnkey lifestyle.
Estimated Market Value
$1,234,770
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 |
|---|---|---|---|---|---|---|
★ 27 Las Cruces Subject | $1,199,999* List Price | 4 | 3 | 1,975 | $625 | - |
A 45 Paseo Vespertino Sold | $1,224,900 | 3 | 3 | 1,735 | $706 | 0.4 mi |
B 14 Paseo Vecino Sold | $1,165,000 | 3 | 3 | 1,735 | $671 | 0.3 mi |
C 7 Paseo Simpatico Sold | $1,100,000 | 3 | 3 | 1,500 | $733 | 0.4 mi |
D 36 Paseo Brezo Sold | $1,140,000 | 4 | 3 | 1,835 | $621 | 0.6 mi |
E 4 Via Joaquin Sold | $1,065,000 | 3 | 3 | 1,522 | $700 | 1.0 mi |
F 15 Paseo Vespertino Sold | $1,140,000 | 3 | 3 | 1,493 | $764 | 0.4 mi |
G 32 Sevilla Active | $1,070,000 List Price | 4 | 3 | 1,916 | $558 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Built in 1998, this property is meticulously maintained and move-in ready. While the structure is over 20 years old, the interior features functional upgrades including granite countertops, refinished cabinetry, stainless steel appliances, and newer carpet. The addition of paid-for solar and a freshly painted exterior aligns with the 'Good' criteria for a well-maintained home with 5-15 year old renovations.
PROSSTRENGTHS & OPPORTUNITIES
- Versatile Floor Plan
The home features a highly desirable layout including a downstairs bedroom and full bathroom, ideal for guests or multi-generational living, complemented by an open-concept design and high ceilings.
- Energy Efficiency & Upgrades
The property includes fully paid-for solar panels for significant utility savings, alongside premium interior upgrades such as granite countertops, stainless steel appliances, and custom moldings.
- Exceptional Community Amenities
Residents enjoy access to the extensive SAMLARC amenities, including multiple swimming pools, parks, pickleball courts, and the exclusive Rancho Santa Margarita Beach Club.
CONSRISKS & DEFICIENCIES
- Limited Lot Size
With a lot size of only 2,967 square feet, the outdoor space is relatively compact, which may limit options for buyers seeking a large private yard or extensive gardening space.
- High Price Per Square Foot
At a list price of approximately $1.2 million for 1,975 square feet, the property commands a premium price point that may challenge buyers looking for more interior volume at this budget.
About 27 Las Cruces
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.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1998
- Lot Size
- 2,967 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $91.0 / Month
Neighborhood Insights
Rancho Santa Margarita Unified Schools
Cielo Vista Elementary School
Grades K-6 • 1.0 mi
5/10
Rancho Santa Margarita Intermediate School
Grades 7-8 • 0.8 mi
7/10
Trabuco Hills High School
Grades 9-12 • 3.5 mi
8/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 1,975 | 2,052.721 |
| Lot Size | 2,967 | 5,381.721 |
| Price | $1.20M | $1.36M |
| Price per sq ft | $608 | $654 |
| Built year | 1998 | 1994 |
| HOA | $91.0 | $146 |
| Days on market | 20 | 53 |
Pricing History
Listed for Sale
Aug 20, 2026
$1,199,999
Initial Listing
Sold
May 3, 2019
$725,000
Public Record
Sold
Apr 24, 2017
$695,000
Public Record