
Rancho Santa Margarita, California 92688
This Turnkey Condominium is a Strong Value Opportunity, listed at $590,000—positioned well below the $617,114 Fair Market Value by 4%. This valuation gap offers $27,114 in Instant Equity. Featuring a Condition Rating of 2, the home includes recent HVAC and plumbing upgrades, luxury vinyl flooring, and resort-style amenities like pools and a gym. Located in the Capistrano Unified School District near top-rated schools, this residence is an ideal choice for first-time buyers or Owner-Occupants seeking a modern, low-maintenance lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 28 Via Contento Subject | $590,000* List Price | 2 | 2 | 971 | $636 | - |
A 64 Via Solaz Sold | $729,900 | 2 | 2 | 1,170 | $624 | 0.0 mi |
B 151 Pasto Rico Sold | $685,000 | 2 | 3 | 1,091 | $628 | 0.2 mi |
C 93 Pasto Rico Sold | $685,000 | 2 | 2 | 1,032 | $664 | 0.2 mi |
D 34 Via Solaz Sold | $599,000 | 2 | 2 | 971 | $617 | 0.1 mi |
E 32 Via Contento Sold | $537,500 | 2 | 2 | 864 | $622 | 0.0 mi |
F 19 Encantado Sold | $740,000 | 2 | 2 | 1,329 | $557 | 0.2 mi |
G 166 Via Contento Sold | $655,000 | 2 | 2 | 1,117 | $586 | 0.2 mi |
H 3 Via Ermitas Active | $614,900 List Price | 2 | 2 | 908 | $677 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1992, the property has undergone a comprehensive remodel within the last 3-5 years, including new luxury vinyl plank flooring, shaker doors, and updated bathrooms. Major systems are in mint condition with a new HVAC unit and updated copper/PEX plumbing completed within the last three years.
The residence features high-quality contemporary finishes, including luxury vinyl plank flooring, craftsman-style baseboards, and shaker doors, providing a move-in-ready aesthetic.
Significant infrastructure investments, including a new HVAC unit and updated copper and PEX plumbing within the last three years, offer long-term peace of mind and reduced maintenance costs.
The community offers premium facilities such as two pools, a gym, and a sauna, all located within one of California's safest cities near top-rated schools and the Tijeras Creek Golf Club.
With only 971 square feet of living space, the two-bedroom layout may feel restrictive for buyers requiring larger rooms or additional storage.
The $475 monthly HOA fee represents a significant recurring carrying cost that may impact the overall affordability for budget-conscious buyers.
Tucked into the heart of Rancho Santa Margarita, California's safest city, this beautifully remodeled 2-bedroom, 2-bath residence invites you into a lifestyle defined by comfort, quality, and ease. As you walk in, you're immediately greeted by a sense of warmth and intention. The home opens gracefully, revealing newly installed luxury vinyl plank flooring, craftsman-style baseboards, and contemporary shaker doors that set a refined, modern tone throughout the 971-square-foot space. Natural light draws you into the living area, where a cozy fireplace creates the perfect backdrop for quiet evenings, while sliding doors lead to your private balcony — an ideal spot to start your morning or unwind at the end of the day. The two-bedroom, two-bath layout is both thoughtful and inviting, with a beautifully remodeled bathroom showcasing elegant, timeless finishes. Behind the scenes, major upgrades offer peace of mind, including a new HVAC unit along with copper and PEX plumbing completed within the last three years. In-unit laundry adds everyday ease, making this home as functional as it is beautiful. Life here extends far beyond the walls of the condo. Imagine spending sunny afternoons by the resort-style pool, enjoying a BBQ with your family while the atmosphere feels more like a vacation than a community. The expansive main pool offers a gym, sauna, and gathering spaces designed for relaxation and connection. A second pool provides a quieter retreat with stunning views overlooking Tijeras Creek Golf Club, just a short walk from your front door. Set near award-winning schools ranked among the top 250 in the nation, Rancho Santa Margarita Lake, the Beach Club Lagoon, scenic trails, shopping, dining, and easy access to the 241 freeway, this home delivers an exceptional lifestyle. With all of these amenities — it's a place where everyday life feels elevated.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades 6-8 • 0.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 971 | 1,077.857 |
| Lot Size | 92,527 | 27,342.776 |
| Price | $590.0K | $691.6K |
| Price per sq ft | $608 | $631 |
| Built year | 1992 | 1990 |
| HOA | $475.0 | $466 |
| Days on market | 13 | 54 |
Aug 27, 2026
$590,000
Initial Listing
Jan 20, 2005
$329,000
Public Record
May 20, 1999
$131,000
Public Record