
Rancho Santa Margarita, California 92688
This Turnkey Condominium is a Strong Value Opportunity, listed at $589,000—positioned slightly above the $582,523 Fair Market Value. While priced at market, the property offers a Condition Rating of 3, featuring high-end upgrades like Granite Kitchen countertops and rustic wood flooring. Residents enjoy a resort-style lifestyle with access to the Beach Club, pools, and top-rated schools within the Saddleback Valley Unified district. This home balances modern comfort with community amenities, making it an ideal acquisition for first-time buyers or owner-occupants seeking a move-in ready sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 30 Leonado 30 Subject 2 bd · 2 ba · 876 sqft · $661 | $589,000* List Price | 2 | 2 | 876 | $661 | - |
A 2 Carmesi Sold 2 bd · 2 ba · 1,049 sqft · $596 · 0.1 mi | $625,000 | 2 | 2 | 1,049 | $596 | 0.1 mi |
B 18 Marino Sold 2 bd · 2 ba · 888 sqft · $732 · 0.1 mi | $650,000 | 2 | 2 | 888 | $732 | 0.1 mi |
C 7 Silktassel Sold 2 bd · 1 ba · 781 sqft · $574 · 0.4 mi | $448,000 | 2 | 1 | 781 | $574 | 0.4 mi |
D 82 Montana Del Lago Sold 2 bd · 2 ba · 886 sqft · $621 · 0.4 mi | $550,000 | 2 | 2 | 886 | $621 | 0.4 mi |
E 37 Via Lavendera Sold 1 bd · 1 ba · 804 sqft · $642 · 0.6 mi | $516,000 | 1 | 1 | 804 | $642 | 0.6 mi |
F 13 Brisa Del Lago Sold 1 bd · 1 ba · 869 sqft · $777 · 0.6 mi | $675,000 | 1 | 1 | 869 | $777 | 0.6 mi |
G 7 Brisa Ribera Sold 1 bd · 1 ba · 841 sqft · $606 · 0.6 mi | $510,000 | 1 | 1 | 841 | $606 | 0.6 mi |
H 16 Buckthorn Sold 2 bd · 3 ba · 926 sqft · $670 · 0.4 mi | $620,000 | 2 | 3 | 926 | $670 | 0.4 mi |
I 33 Leonado Active 2 bd · 2 ba · 900 sqft · $679 · 0.0 mi | $610,800 List Price | 2 | 2 | 900 | $679 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1989, the property has been well-maintained and updated with modern rustic wood flooring and a renovated kitchen featuring granite countertops and a farmhouse sink. It appears move-in ready and functional, fitting the 5-15 year renovation window.
Residents benefit from an exceptional lifestyle with access to Rancho Santa Margarita Lake, private beach areas, multiple pools, tennis courts, and sports fields.
The condo features high-quality finishes including rustic-style wood flooring, granite countertops, and a farmhouse sink, offering a move-in-ready aesthetic.
Ideally situated within walking distance to the Beach Club, movie theaters, and various dining options, providing rare convenience and urban-style accessibility.
At just 876 square feet for a two-bedroom, two-bathroom configuration, the interior living space may feel cramped for families or those requiring a home office.
The $482 monthly association fee represents a significant recurring cost that may impact the overall affordability and debt-to-income ratio for potential buyers.
Welcome to this beautifully maintained 2-bedroom, 2-bathroom condo in the desirable, family-friendly community of Rancho Santa Margarita. This inviting home features beautiful rustic-style wood flooring, a well-appointed kitchen with granite countertops, a custom buffet area, and a charming farmhouse sink. The property also offers a convenient attached one-car garage with custom overhead storage racks for added organization and functionality.Enjoy an exceptional lifestyle with access to two community pools, two tennis courts, a soccer field, basketball court, and multiple playgrounds. Residents also enjoy access to Rancho Santa Margarita Lake and its private beach areas. Ideally located within walking distance to the community pool, movie theater, restaurants, Beach Club, and easy access to shopping, dining, parks, and recreation. A wonderful opportunity to enjoy comfortable living in one of Rancho Santa Margarita’s most desirable communities!
No exterior & parking available.
Grades PK-6 • 0.8 mi
Grades 7-8 • 0.2 mi
Grades 9-12 • 3.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 876 | 1,056.017 |
| Lot Size | 52,155 | 26,968.576 |
| Price | $589.0K | $672.1K |
| Price per sq ft | $672 | $625 |
| Built year | 1989 | 1990 |
| HOA | $482.0 | $470 |
| Days on market | 37 | 54 |
Sep 18, 2026
$589,000
Initial Listing
Jan 13, 2020
$390,000
Public Record
Jul 10, 2014
$290,000
Public Record