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28 Cardinal, Rancho Santa Margarita, California 92688, Rancho Santa Margarita, 92688 - 1 bed, 1 bath

28 Cardinal, Rancho Santa Margarita, California 92688 home-pic-0
ACTIVE$455,000
28 Cardinal, Rancho Santa Margarita, California 92688
1Bed
1Bath
678Sqft
481,903Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Extensive Community Amenities: Residents benefit from a wealth of amenities including a pool, spa, and playground within the Belflora community, plus access to all Rancho Santa Margarita Master HOA amenities like parks, additional pools, the Beach Club & Lagoon, lake, and clubhouse.
Top Cons:
High Monthly Association Fees: The monthly association fee of $452 is substantial for a 1-bedroom condo, which could impact affordability and appeal to some buyers.

Compared to the nearby listings

Price:$455.0K vs avg $651.0K ($-196,000)8%
Size:678 sqft vs avg 1,017 sqft18%
Price/sqft:$671 vs avg $66556%

More Insights

Built in 1989 (36 years old).
Condition: The property was built in 1989, making it 35 years old. While the description mentions 'newer appliances' in the kitchen, suggesting some updates, the visible elements in the bathroom, such as the vanity, light fixture, and large mirror, appear dated. The general aesthetic, including the carpeted flooring and ceiling fan, also points to a style that is not current. The home is well-maintained and appears move-in ready, but it shows clear signs of being outdated and has not undergone a major renovation within the last 15-20 years. This aligns with the 'Fair' category, indicating a property that is aged but maintained, with functional major components that show signs of being outdated.
Year Built
1989
Close
-
List price
$455K
Original List price
$465K
Price/Sqft
$671
HOA
$452
Days on market
-
Sold On
-
MLS number
OC25143901
Home ConditionFair
Features
ViewMountain(s), Neighborhood, Trees/Woods

About this home

Located in the coveted Belfora community, this peaceful upper-level condo offers the perfect blend of comfort and convenience in one of Rancho Santa Margarita's most desirable neighborhoods. The spacious 1 bedroom, 1 bathroom home spans close to 700 square feet with an open floor plan that maximizes every inch. Vaulted cathedral ceilings create a light, airy atmosphere in the living and dining areas, anchored by a cozy fireplace. The kitchen features newer appliances, a great functional layout with a breakfast bar open to the living areas, plus lots of extra storage in a mirrored closet. The bedroom suite includes a large walk-in mirrored closet and a full bathroom with double sinks and shower/soaking tub. Outside, enjoy sun and tranquil views of trees and community greenery from your front balcony. A dedicated storage closet accommodates a stackable washer and dryer. The unit also comes with an assigned carport space, with plenty of guest parking available. Located in the tranquil interior of the complex for maximum privacy. The Belfora community features a pool, spa, and playground, plus residents enjoy access to all Rancho Santa Margarita Master HOA amenities including community parks, pools, Beach Club & Lagoon, lake and clubhouse. With easy access to local shops, restaurants, groceries, and more, this home checks all the boxes.

Nearby schools

7/10
Trabuco Mesa Elementary School
Public,•PK-6•0.9mi
7/10
Rancho Santa Margarita Intermediate School
Public,•7-8•0.2mi
8/10
Trabuco Hills High School
Public,•9-12•3.4mi
Condition Rating
Fair
The property was built in 1989, making it 35 years old. While the description mentions 'newer appliances' in the kitchen, suggesting some updates, the visible elements in the bathroom, such as the vanity, light fixture, and large mirror, appear dated. The general aesthetic, including the carpeted flooring and ceiling fan, also points to a style that is not current. The home is well-maintained and appears move-in ready, but it shows clear signs of being outdated and has not undergone a major renovation within the last 15-20 years. This aligns with the 'Fair' category, indicating a property that is aged but maintained, with functional major components that show signs of being outdated.
Pros & Cons

Pros

Extensive Community Amenities: Residents benefit from a wealth of amenities including a pool, spa, and playground within the Belflora community, plus access to all Rancho Santa Margarita Master HOA amenities like parks, additional pools, the Beach Club & Lagoon, lake, and clubhouse.
Desirable & Convenient Location: Situated in the coveted Belflora community, this upper-level condo offers a peaceful, private interior complex location with easy access to local shops, restaurants, and groceries.
Spacious & Well-Designed Interior: The open floor plan is maximized by vaulted cathedral ceilings, creating a light and airy atmosphere, complemented by a cozy fireplace and a functional kitchen with newer appliances and a breakfast bar.
Enhanced Master Suite & Ample Storage: The bedroom suite features a large walk-in mirrored closet and a full bathroom with double sinks and a shower/soaking tub, along with additional storage and dedicated in-unit laundry hookups.
Private Balcony with Tranquil Views: Enjoy sun and serene views of trees and community greenery from a private front balcony, enhancing the living experience.

Cons

High Monthly Association Fees: The monthly association fee of $452 is substantial for a 1-bedroom condo, which could impact affordability and appeal to some buyers.
Compact Living Space: With 678 square feet, the unit offers limited living space, which may not suit buyers seeking more expansive areas or those planning for future growth.
Recent Price Reduction: The property recently underwent a $10,000 price reduction from its original list price, potentially indicating a slower market response or that the initial pricing was too high.

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