29 Calle Verano, Rancho Santa Margarita, California 92688, Rancho Santa Margarita, 92688 - 3 bed, 3 bath
29 Calle Verano
Rancho Santa Margarita, California 92688
Property Price
SUMMARY
Analysis of 29 Calle Verano, Rancho Santa Margarita, California 92688 reveals a property with a current list price of $1,079,000, which is 3% above the estimated $1,045,725 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Rancho Santa Margarita Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 29 Calle Verano Subject | $1,079,000* List Price | 3 | 3 | 1,574 | $664 | - |
A 35 Via Caseta Sold | $1,130,000 | 3 | 3 | 1,689 | $669 | 0.5 mi |
B 5 El Vado Drive Sold | $900,000 | 3 | 3 | 1,495 | $602 | 0.2 mi |
C 7 Monticello Lane Sold | $1,159,000 | 4 | 4 | 1,672 | $693 | 0.2 mi |
D 35 Via Encanto Sold | $900,000 | 3 | 3 | 1,723 | $522 | 0.7 mi |
E 2 Via Helena Sold | $1,180,000 | 3 | 3 | 1,976 | $597 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
This 1994-built home is in move-in ready condition and has been well-maintained with several key updates. The kitchen features stainless steel appliances and updated countertops, while the interior boasts modern hard-surface flooring and neutral paint. The resort-style backyard with synthetic grass and a high-end spa adds significant value. While the cabinetry and layout reflect its original era, the overall maintenance and partial updates align with the 'good' criteria.
PROSSTRENGTHS & OPPORTUNITIES
- Resort-Style Backyard
The property features a professionally landscaped, low-maintenance backyard equipped with a 5-person Thermo Spa, fire pit, and tropical greenery, offering a private retreat.
- Exceptional HOA Value
Residents enjoy access to premium community amenities, including the Lake Santa Margarita Beach Club, for an impressively low monthly fee of just $91.
- Turnkey Condition
This meticulously maintained home is move-in ready and includes high-value extras such as luxurious patio furniture and a sheltered hot tub, reducing immediate post-purchase expenses.
CONSRISKS & DEFICIENCIES
- Lack of Scenic Views
The property is noted as having no significant views, which may be a disadvantage compared to other homes in the Rancho Santa Margarita area that offer mountain or lake vistas.
- Compact Lot Size
With a lot size of only 3,200 square feet, the outdoor space is relatively small for a single-family residence, potentially limiting buyers who desire more expansive yard space.
About 29 Calle Verano
Beautifully maintained move-in ready home in the highly desired California Tesoro community of Rancho Santa Margarita with unlimited access to various active lifestyle amenities, including the Lake Santa Margarita Beach Club, at the incredibly low SAMLARC HOA fee of just $91 per month! The attractive architectural style of this home is evident as you enter the front door with the option to walk downstairs toward two lovely bedrooms and a comfortable family room that opens up to the beautiful back yard or head upstairs toward a well-appointed kitchen, comfortable living room, and primary suite. Stepping into the backyard of this home is like being transported into a fancy resort with attractive low maintenance synthetic grass, wonderful tropical landscaping, and amazing 5-person Thermo Spa Hot Tub sheltered by an attractive roll out awning. The luxurious patio furniture with fire pit are also included in the sale! Come see this home today!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1994
- Lot Size
- 3,200 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $91.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 45% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,574 | 1,967 | 22% |
| Lot Size | 3,200 | 4,384.5 | 16% |
| Price | $1.08M | $1.21M | 17% |
| Price per sq ft | $686 | $636 | 74% |
| Built year | 1994 | 1993 | 51% |
| HOA | $91.0 | $87 | 62% |
| Days on market | 8 | 157 | 2% |
Pricing History
Listed for Sale
Feb 27, 2026
$1,079,000
Initial Listing
Sold
Dec 23, 2013
$510,000
Public Record
Sold
May 2, 2002
$320,000
Public Record
Sold
Aug 30, 1994
$172,000
Public Record