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3 Calendula, Rancho Santa Margarita, California 92688, Rancho Santa Margarita, 92688 - 4 bed, 3 bath

3 Calendula, Rancho Santa Margarita, California 92688 home-pic-0
ACTIVE$1,399,000
3 Calendula, Rancho Santa Margarita, California 92688
4Beds
3Baths
2,246Sqft
6,354Lot

Price Vs. Estimate

The estimated value ($1,286,972.28) is $112,027.72 (8%) lower than the list price ($1,399,000). This property may be overpriced.

Key pros and cons

Top Pros:
Large Lot & Cul-de-Sac: The property boasts a huge, pie-shaped lot situated in a cul-de-sac, offering privacy and ample outdoor space.
Top Cons:
HOA Fees: While the property offers access to many amenities, the monthly HOA fee of $87.00 could be a deterrent for some buyers.

Compared to the nearby listings

Price:$1.40M vs avg $1.23M (+$174,000)71%
Size:2,246 sqft vs avg 2,018 sqft69%
Price/sqft:$623 vs avg $63442%

More Insights

Built in 1989 (36 years old).
Condition: The property, built in 1989, has been updated. The listing mentions remodeled bathrooms and a custom kitchen with newer stainless steel appliances and white cabinets. The images confirm the updated kitchen and bathrooms. While not brand new, the updates bring the property to a good condition, move-in ready with no immediate major renovations required.
Year Built
1989
Close
-
List price
$1.4M
Original List price
$1.5M
Price/Sqft
$623
HOA
$87
Days on market
-
Sold On
-
MLS number
OC25072933
Home ConditionGood
Features
Good View: Mountain(s)
Deck
ViewMountain(s)

About this home

**HUGE LOT**Cul De Sac location adjacent to the Rancho Santa Margarita lake! A newly remodeled master bathroom, pie shaped lot, 3 car garage, and a bedroom down stairs are just a few of the features you'll love! Every bathroom has been upgraded including a custom kitchen with newer stainless steel appliances, white cabinets, and upgraded windows! One of the first communities in Rancho to be developed, the Cantorbrio community is widely heralded as one of the best neighborhoods in Rancho Santa Margarita. Other improvements include a newer roof and freshly painted exterior trim! Main floor bedroom and bathroom too! Access to Rancho Santa Margarita's master-planned community amenities like the beach club, lake, tennis courts, water park, trails, and much more are included with your HOA dues. No Mello Roos! Tax rate is about 1.01%! Shopping, restaurants, parks, and pools just minutes away from your front door. Don't miss this incredible home, make your appointment today! Interest list is forming! Insurance quote at about $2,500 per year available upon request

Condition Rating
Good
The property, built in 1989, has been updated. The listing mentions remodeled bathrooms and a custom kitchen with newer stainless steel appliances and white cabinets. The images confirm the updated kitchen and bathrooms. While not brand new, the updates bring the property to a good condition, move-in ready with no immediate major renovations required.
Pros & Cons

Pros

Large Lot & Cul-de-Sac: The property boasts a huge, pie-shaped lot situated in a cul-de-sac, offering privacy and ample outdoor space.
Remodeled Bathrooms & Kitchen: All bathrooms have been upgraded, including a newly remodeled master bathroom. The custom kitchen features newer stainless steel appliances and white cabinets.
Main Floor Bedroom & Bathroom: The presence of a bedroom and bathroom on the main floor provides convenience and accessibility.
Community Amenities: Access to Rancho Santa Margarita's master-planned community amenities, such as the beach club, lake, tennis courts, and water park, is included with HOA dues.
Desirable Location: Located adjacent to the Rancho Santa Margarita lake and within minutes of shopping, restaurants, parks, and pools.

Cons

HOA Fees: While the property offers access to many amenities, the monthly HOA fee of $87.00 could be a deterrent for some buyers.
Year Built: Built in 1989, the property may require updates to appeal to buyers seeking modern features and energy efficiency.
Price Reduction: The property has experienced a price reduction of $100,000, which may raise concerns about its market value.

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