
Rancho Santa Margarita, California 92688
This Stunning Move-In Ready Carriage Unit is listed at $589,000, offering exceptional value near its $594,833 Fair Market Value. Featuring a remodeled kitchen, luxury vinyl plank flooring, and a private courtyard, the property boasts a Mint Condition Rating requiring zero immediate work. Situated in the heart of Rancho Santa Margarita, this home provides a rare lifestyle experience with proximity to the Lake, Beach Club, and O'Neill Park trails. It is the perfect fit for first-time buyers or lifestyle-focused professionals seeking a polished, stress-free transition in a top-tier school district.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 28 Blue Oak 96 Subject 2 bd · 2 ba · 890 sqft · $668 | $589,000* List Price | 2 | 2 | 890 | $668 | - |
A 13 Milkwood 111 Sold 2 bd · 3 ba · 926 sqft · $721 · 0.0 mi | $668,000 | 2 | 3 | 926 | $721 | 0.0 mi |
B 82 Montana Del Lago Sold 2 bd · 2 ba · 886 sqft · $621 · 0.3 mi | $550,000 | 2 | 2 | 886 | $621 | 0.3 mi |
C 17 Via Honrado Sold 2 bd · 2 ba · 939 sqft · $638 · 0.5 mi | $599,000 | 2 | 2 | 939 | $638 | 0.5 mi |
D 7 Islay 70 Sold 1 bd · 2 ba · 781 sqft · $666 · 0.0 mi | $520,000 | 1 | 2 | 781 | $666 | 0.0 mi |
E 80 Montana Del Lago Drive Sold 2 bd · 2 ba · 827 sqft · $695 · 0.3 mi | $575,000 | 2 | 2 | 827 | $695 | 0.3 mi |
F 26 Dianthus Sold 2 bd · 2 ba · 922 sqft · $689 · 0.4 mi | $635,000 | 2 | 2 | 922 | $689 | 0.4 mi |
G 46 Celosia Sold 2 bd · 2 ba · 975 sqft · $638 · 0.4 mi | $621,580 | 2 | 2 | 975 | $638 | 0.4 mi |
H 6 Dianthus Sold 2 bd · 2 ba · 1,000 sqft · $635 · 0.4 mi | $635,000 | 2 | 2 | 1,000 | $635 | 0.4 mi |
I 31 Violado Active Under Contract 2 bd · 2 ba · 876 sqft · $691 · 0.3 mi | $605,000 List Price | 2 | 2 | 876 | $691 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1987, the property has undergone a comprehensive recent renovation within the last 5 years. It features brand new kitchen countertops, new sinks/faucets, stainless steel appliances, luxury vinyl plank flooring throughout, and a fully remodeled bathroom. The unit is in mint, move-in ready condition with no maintenance required.
Situated in the heart of Rancho Santa Margarita, the property offers exceptional walkability to the Lake, Beach Club, O'Neill Park trails, and top-rated schools.
As a carriage-style end unit with no neighbors above or below, this home provides a rare level of privacy and quiet compared to standard multi-level condominiums.
The interior features high-end finishes including luxury vinyl plank flooring, a remodeled kitchen with stainless steel appliances, and updated bathrooms, making it move-in ready.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =29489, other record lot size in square feet = 44174. Living area discrepancy between mls listing and other public or private record. mls listing living area = 890, other record living area = 832.
With only 890 square feet of living space for a two-bedroom layout, the interior footprint may feel restrictive for buyers prioritizing spacious common areas.
The monthly association fee of $492 represents a substantial recurring expense that impacts the overall monthly carrying cost and buyer affordability.
BRAND NEW ON THE MARKET! Located in a magnificent location right in the Heart of RSM happenings! A spectacular LAKE & Mediterranean Style BEACH CLUB / Lagoon so close it's as good as being in your backyard! Situated in a Park-Like Setting & peaceful Greenbelt. This attractive Two Bedroom, Two Full Bathrooms Carriage Unit has no other units above or below. Wonderful Over-Sized One-Car garage and ample parking has all the modern features & lifestyle amenities to enjoy! This Upper-End Unit-Single Story provides an exceptional private Courtyard perfect place for grilling & relaxing in the sun. Sunny kitchen with new kitchen countertops, soft close hinges, new kitchen sink & new faucet, Stainless Steel Appliances, including stainless steel refrigerator, recessed lighting, great storage and more. Stunning Shiplap paneling above fireplace. Plus convenient Indoor Laundry with Newer stackable washer & dryer. Primary Bedroom with an ensuite bathroom provides two wardrobe closets! Remodeled Hall Bathroom present stunningly vanity mirror, new sink, new faucets and new toilet. Attractive Luxury-Vinyl Planks flooring! With an Open-Concept Kitchen, Dining and Living area provides a joyous Great-Room experience! Freshly installed blinds for for Over-Sized View Windows! Walking Distance to: Award Winning Public & Private Schools, Restaurants, paths around the lake, Beach Lagoon, HOA Pools & Spa, Tot-Park, access point to O'Neill Park hiking & biking trails, sports park, etc. To top it off, no need to drive to 4th of July Fireworks, this home is in the epicenter of activity! What a value...You'll be PROUD to call this home!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 890 | 1,056.017 |
| Lot Size | 29,489 | 26,968.576 |
| Price | $589.0K | $672.1K |
| Price per sq ft | $662 | $625 |
| Built year | 1987 | 1990 |
| HOA | $492.0 | $470 |
| Days on market | 23 | 54 |
Oct 2, 2026
$589,000
Initial Listing
Oct 29, 2024
$590,000
Public Record
Nov 30, 2017
$367,000
Public Record
Jun 30, 2009
$220,000
Public Record
Feb 1, 2000
$122,500
Public Record