
Rancho Santa Margarita, California 92688
This Turnkey Condominium is listed at $614,900, reflecting a stable price point aligned with its $608,033 Fair Market Value. Featuring a Condition Rating of 2, the home offers a move-in ready experience with a remodeled kitchen, luxury vinyl plank flooring, and smart home integrations. Located in the Capistrano Unified School District near top-rated schools like Arroyo Vista Middle, this property provides a premium lifestyle with access to SAMLARC amenities. It is an ideal sanctuary for first-time buyers or professional commuters seeking a polished, low-maintenance residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3 Via Ermitas Subject | $599,900* List Price | 2 | 2 | 908 | $665 | - |
A 93 Pasto Rico Sold | $685,000 | 2 | 2 | 1,032 | $664 | 0.1 mi |
B 151 Pasto Rico Sold | $685,000 | 2 | 3 | 1,091 | $628 | 0.2 mi |
C 64 Via Solaz Sold | $729,900 | 2 | 2 | 1,170 | $624 | 0.1 mi |
D 55 Via Pausa Sold | $503,500 | 1 | 1 | 643 | $783 | 0.1 mi |
E 28 Via Alivio Sold | $565,000 | 2 | 2 | 971 | $582 | 0.1 mi |
F 32 Via Contento Sold | $537,500 | 2 | 2 | 864 | $622 | 0.1 mi |
G 98 Pasto Rico Sold | $599,000 | 2 | 2 | 1,032 | $580 | 0.1 mi |
H 28 Via Contento Active | $590,000 List Price | 2 | 2 | 971 | $608 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1991, the property has undergone a comprehensive recent renovation (likely <5 years) including a fully remodeled kitchen with stainless steel appliances, updated bathrooms, and new luxury vinyl plank flooring. Significant system upgrades such as a new water heater, upgraded plumbing, and added insulation ensure the home is in mint, move-in ready condition with no immediate maintenance required.
The property is move-in ready featuring a remodeled kitchen with stainless steel appliances, updated bathrooms, luxury vinyl plank flooring, and smart home integrations like a Nest thermostat and keyless entry.
As part of the SAMLARC association, residents enjoy unparalleled access to the Rancho Santa Margarita lake, beach club lagoon, multiple pools, and extensive sports courts, significantly enhancing the lifestyle value.
Vaulted ceilings combined with abundant natural light and an open-concept design make the 908-square-foot interior feel much more spacious and inviting than a standard condominium layout.
At 908 square feet for a two-bedroom, two-bathroom configuration, the interior dimensions may be perceived as tight for families or those requiring a more generous home office setup.
The $475 monthly association fee adds a substantial recurring expense to the buyer's budget, which may impact overall affordability and debt-to-income ratios for some purchasers.
Now offered at $599,900! Discover a beautifully upgraded 2-bedroom, 2-bathroom condo in Rancho Santa Margarita with no neighbors above or below and a private garage—all at a price point under $600,000. Welcome to 3 Via Ermitas, a move-in-ready home featuring vaulted ceilings, abundant natural light, and an open, comfortable floor plan. The remodeled kitchen is finished with stainless steel appliances and flows naturally into the main living area, where a fireplace adds warmth and character. The spacious primary suite is complemented by a versatile second bedroom ideal for guests, a home office, fitness space, or whatever best fits your lifestyle. Two full bathrooms, in-unit laundry, and a private garage provide the everyday convenience buyers are looking for. Extensive improvements include fresh interior paint, newer baseboards and carpet, luxury vinyl plank flooring, updated bathrooms and lighting, a newer water heater, upgraded plumbing, added insulation, a Nest thermostat, and keyless entry with smartphone access. Located within the Capistrano Unified School District, the home also offers access to SAMLARC amenities, including Rancho Santa Margarita Lake, the Beach Club lagoon, pools, parks, playgrounds, trails, sports courts, picnic areas, and community spaces. Shopping, dining, recreation, and everyday conveniences are all nearby, making 3 Via Ermitas an opportunity to enjoy the Rancho Santa Margarita lifestyle in an updated, move-in-ready home at an attractive new price.
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 | 908 | 1,077.857 |
| Lot Size | 137,321 | 27,342.776 |
| Price | $599.9K | $691.6K |
| Price per sq ft | $661 | $631 |
| Built year | 1991 | 1990 |
| HOA | $475.0 | $466 |
| Days on market | 35 | 54 |
Sep 1, 2026
$599,900
$614,900
-2% Price Drop
Initial Listing
Aug 5, 2026
$614,900
Initial Listing
Jun 30, 2022
$575,000
Public Record
Jul 25, 2018
$400,000
Public Record
Jun 2, 1999
$135,000
Public Record