
Rancho Santa Margarita, California 92688
This Stunning Move-In Ready Home is a Strong Value Opportunity, listed at $1,319,000—positioned well below the $1,372,875 Fair Market Value by 3%. This valuation gap offers $53,875 in Instant Equity for the buyer. Boasting a Condition Rating of 2, the home features extensive modern upgrades including PEX re-piping and a newer HVAC system. With Mountain and Tree views, a private backyard, and access to top-tier Saddleback Valley Unified schools, this property is an ideal fit for growing families or discerning owner-occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 29 Raposa Subject | $1,319,000* List Price | 4 | 3 | 1,977 | $694 | - |
A 16 Mapache Sold | $1,315,000 | 4 | 3 | 1,977 | $665 | 0.1 mi |
B 10 Paulownia Sold | $1,285,000 | 4 | 3 | 1,752 | $733 | 0.6 mi |
C 20 Osoberry Sold | $1,265,000 | 3 | 3 | 1,551 | $816 | 0.2 mi |
D 31 Alumbre Sold | $1,200,000 | 3 | 3 | 1,551 | $774 | 0.2 mi |
E 6 Calle Rienda Sold | $1,200,000 | 4 | 3 | 1,660 | $723 | 0.9 mi |
F 20 Crucillo Sold | $1,060,000 | 3 | 3 | 1,522 | $696 | 0.5 mi |
G 21 Calle Vaqueta Active | $1,200,000 List Price | 4 | 3 | 1,602 | $749 | 0.4 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 extensive recent renovations within the last 5 years. Key updates include a remodeled primary bathroom, refreshed kitchen with new stainless steel appliances, new carpeting, and luxury vinyl flooring. Major systems have been modernized with PEX re-piping and a newer HVAC system, placing it in mint, move-in condition.
The property features significant high-value improvements including PEX re-piping, a newer HVAC system, new epoxy garage flooring, and fresh interior paint, offering a turnkey experience for buyers.
Situated on a peaceful lot with no homes directly behind and immediate proximity to O’Neill Regional Park, the home provides rare privacy and scenic mountain and tree views.
With a low $91 monthly HOA fee, residents enjoy comprehensive access to the Rancho Santa Margarita Lake, Beach Club Lagoon, four pools, and extensive sport courts and trails.
The property was recently sold within the past year on 2025-10-03. The sold price is $1,260,000.00.
The 5,000 square foot lot is standard for the Seranada subdivision but may feel restrictive for buyers seeking a large private yard or significant outdoor expansion.
Although the kitchen has been refreshed with new appliances and hardware, it retains its original layout and cabinetry, which may not meet the expectations of buyers looking for a full custom remodel.
Welcome to 29 Raposa in Rancho Santa Margarita, where a spacious floor plan, desirable location, and extensive recent improvements come together in one beautifully refreshed home. Offering 4 bedrooms and 1,977 square feet, this is the largest floor plan in the neighborhood and enjoys a peaceful setting with no homes directly behind and O’Neill Regional Park just around the corner. The newly landscaped and low maintenance front yard creates a welcoming first impression. Inside, soaring ceilings and abundant natural light give the living and dining areas an open, airy feel. The home has been re-piped with PEX, freshly painted throughout in an updated neutral palette and features new carpeting in the living and dining areas and primary bedroom, along with newer luxury vinyl flooring in the entry, upstairs hallway, and secondary bedrooms. The refreshed kitchen features white cabinetry, brushed nickel hardware, new stainless steel appliances, and a charming breakfast nook with oversized windows overlooking the spacious backyard and treetops beyond. Just off the kitchen, the comfortable family room features a recently refreshed and repainted fireplace and French doors that open to the backyard for easy indoor-outdoor living. The re-landscaped backyard offers a patio cover, new fencing, and a newly created firepit area, providing a wonderful setting for relaxing, entertaining, and enjoying Southern California evenings. The main level also includes an updated powder room, convenient indoor laundry room, and direct access to the two-car garage which has been upgraded with new epoxy flooring, new overhead lighting and additional electrical outlets. Upstairs, the spacious primary suite is light and bright with high ceilings, and a remodeled bathroom featuring a walk-in shower, dual-sink vanity, and an additional spacious closet. Three secondary bedrooms share an updated bathroom with dual sinks, a tub/shower, and newer fixtures and faucets. Additional highlights include plantation shutters, new window shades in the kitchen and family room, dual-pane windows, newer HVAC system, closet organizers in every bedroom, and new ceiling fans throughout. Enjoy all that Rancho Santa Margarita has to offer with low HOA dues and access to the RSM Lake and Beach Club Lagoon, four pools, 12 parks, a splash pad, sport courts, walking and biking trails, and year-round community events. Shopping, dining, recreation, and the trails of O’Neill Regional Park are all conveniently nearby.
No exterior & parking available.
Grades PK-6 • 1.2 mi
Grades 7-8 • 0.6 mi
Grades 9-12 • 3.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 1,977 | 2,052.721 |
| Lot Size | 5,000 | 5,381.721 |
| Price | $1.32M | $1.36M |
| Price per sq ft | $667 | $654 |
| Built year | 1987 | 1994 |
| HOA | $91.0 | $146 |
| Days on market | 14 | 53 |
Aug 26, 2026
$1,319,000
Initial Listing
Oct 3, 2025
$1,260,000
Public Record
Jul 7, 1995
$208,500
Public Record