27 Timbre, Rancho Santa Margarita, California 92688, Rancho Santa Margarita, 92688 - 2 bed, 2 bath
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Rancho Santa Margarita, California 92688
This Turnkey Condominium is a Strong Value Opportunity, listed at $565,000—positioned above the $539,036 Fair Market Value. While currently priced slightly above market, the property features a Good Condition Rating with a Remodeled Granite Kitchen, new vinyl flooring, and a private patio with Cleveland National Forest views. Located in the Capistrano Unified School District near Arroyo Vista Middle School (9/10), this unit offers rare parking utility with a Detached Garage and Carport. It is an ideal acquisition for Owner-Occupants or first-time buyers seeking a move-in ready lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 27 Timbre Subject | $565,000* List Price | 2 | 2 | 875 | $616 | - |
A 68 Abrigo Sold | $469,900 | 1 | 1 | 695 | $676 | 0.1 mi |
B 42 Abrigo Active | $550,000 List Price | 2 | 2 | 875 | $629 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1992 (34 years old), the property qualifies as 'Good' due to significant recent renovations including a remodeled kitchen with granite countertops, new vinyl flooring, and custom paint. While the water heater is dated (2005) and some bathroom cabinetry appears original, the interior is well-maintained, functional, and move-in ready.
Middle School: Arroyo Vista Middle School (9/10).
The property occupies a premium ground-floor position backing to the Cleveland National Forest, offering exceptional privacy and stunning sunset views over the hills and woods.
The unit features a fully remodeled kitchen with granite countertops and updated cabinetry, along with new vinyl flooring, custom paint, and upgraded lighting throughout.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =40334, other record lot size in square feet = 1546.
With 50 days on the market and a recent price reduction, the property may be facing a cooling interest or initial overpricing compared to local market velocity.
At 875 square feet for a two-bedroom, two-bathroom layout, the interior living space may feel restrictive for buyers prioritizing roominess and larger furniture configurations.
Welcome to Los Portillos! Upgraded ground-floor unit in a private view location featuring 2 bedrooms, 2 bathrooms, a detached 1-car garage, and assigned carport (#148). Enjoy a private patio backing to the Cleveland National Forest with beautiful sunset views. The remodeled kitchen offers granite countertops, a light neutral ceramic tile backsplash, and updated cabinetry. Interior highlights include new vinyl flooring, custom paint, a cozy fireplace, upgraded lighting throughout, and recessed lighting in the guest bedroom, along with mirrored wardrobe doors. The garage features built-in cabinets and overhead storage racks. Community amenities include a pool and spa. Conveniently located within walking distance to shops, restaurants, and more. One of the best-priced 2-bedroom condos in Rancho Santa Margarita with both a garage and a carport. Don’t miss this opportunity!
No exterior & parking available.
Grades K-5 • 1.0 mi
Grades 6-8 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 875 | 1,027 | 32% |
| Lot Size | 40,334 | 25,194 | 67% |
| Price | $565.0K | $685.0K | 30% |
| Price per sq ft | $646 | $649 | 49% |
| Built year | 1992 | 1990 | 57% |
| HOA | $506.0 | $430 | 78% |
| Days on market | 57 | 144 | 7% |
May 22, 2026
$565,000
$588,800
-4% Price Drop
Initial Listing
Apr 10, 2026
$588,800
Initial Listing
Feb 22, 2018
$385,000
Public Record
Jun 22, 2007
$335,000
Public Record
Jun 4, 2004
$372,000
Public Record