31942 Magpie, Rancho Santa Margarita, California 92679, Rancho Santa Margarita, 92679 - 5 bed, 4 bath

31942 Magpie
Rancho Santa Margarita, California 92679
Property Price
SUMMARY
Analysis of 31942 Magpie, Rancho Santa Margarita, California 92679 reveals a Fairly Priced Property with a current list price of $1,989,000 aligned with the estimated $1,942,324 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. 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 |
|---|---|---|---|---|---|---|
★ 31942 Magpie Subject | $1,989,000* List Price | 5 | 4 | 3,584 | $542 | - |
A 3 Snowdon Sold | $1,720,000 | 5 | 4 | 3,762 | $457 | 0.6 mi |
B 21251 Hillgate Circle Sold | $1,550,000 | 5 | 3 | 3,410 | $455 | 0.8 mi |
C 57 Hillrise Sold | $1,850,000 | 5 | 4 | 3,316 | $558 | 0.8 mi |
D 21495 Silvertree Lane Sold | $1,800,000 | 5 | 3 | 3,504 | $514 | 0.6 mi |
E 31892 Wagon Wheel Sold | $1,480,000 | 4 | 3 | 2,824 | $524 | 0.4 mi |
F 6 Muirfield Sold | $1,728,108 | 4 | 4 | 3,137 | $551 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
While originally built in 1994, the property has undergone extensive recent renovations that align with current luxury standards. The interior features a modern chef's kitchen with a quartz island and stainless steel appliances, updated spa-like bathrooms, and high-end finishes throughout. The exterior is a fully developed entertainer's paradise with a pool, spa, and built-in BBQ station, and the recent garage epoxy indicates meticulous maintenance and recent capital improvements.
PROSSTRENGTHS & OPPORTUNITIES
- Premier Outdoor Oasis
The backyard is a true entertainer’s paradise, featuring a sparkling pool and spa with a waterfall, a fire pit, and a fully equipped built-in BBQ station with ample seating.
- Scenic and Private Location
Situated at the end of a private cul-de-sac within the gated Walden community, the property offers exceptional privacy and tranquil views of the community’s catch-and-release pond.
- Versatile Upgraded Floor Plan
The 3,584 sqft interior boasts a chef’s kitchen with quartz counters, a main-floor guest ensuite, a dedicated home office, and a spacious upper-level bonus room, providing maximum functional flexibility.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 3.
- High Association Fees
The monthly association fee of $437 is relatively high, which may be a consideration for buyers sensitive to ongoing carrying costs.
- Limited Lot-to-Home Ratio
With a substantial 3,584 sqft home on a 6,160 sqft lot, the exterior space is heavily hardscaped to accommodate the pool and BBQ, leaving very little traditional green space or lawn area.
About 31942 Magpie
Located at the end of a Private Cul-De-Sac within the Gated Community of Walden, this tastefully Upgraded Residence offers a blend of privacy and scenic views overlooking the community’s Catch-And-Release Pond. Upon entry you are greeted by Soaring Ceilings that lead from the formal Living Area into a sophisticated Dining Room. At the heart of the home, the Chef’s Kitchen features a stunning Quartz Island and Stainless Steel Appliances, opening directly to a comfortable Family Room anchored by a cozy Fireplace. The Main Floor is designed for versatility, providing a Guest Bedroom with an Ensuite FULL Bath, a dedicated Home Office, a convenient Laundry Room, and a half Bath. The upper level is highlighted by a Primary Suite complete with a Fireplace and a Balcony that captures stunning views of the Lake. The attached Spa-Like Primary Bath features Dual Sinks, a Soaking Tub, and a separate Walk-In Shower. On the opposite wing, Two Additional Bedrooms sit adjacent to a Full Bathroom with Dual Sinks, while a spacious Bonus Room provides a versatile living space with Endless Possibilities. The Backyard serves as a private Entertainer’s Paradise, centered around a sparkling Pool and Spa with a Waterfall feature and a Fire Pit. Hosting is made effortless by the Built-In BBQ station with ample seating and a dedicated Outdoor Dining area. The home is complete with a 3-Car Garage recently epoxied in the past few years. As a resident of Walden, enjoy the Community Pool, scenic Hiking and Biking Trails, and Top-Rated Schools, all while being minutes away from premier Shopping and Dining, and easy freeway access.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1994
- Lot Size
- 6,160 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 4 (4 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $437.0 / Month
Neighborhood Insights
Rancho Santa Margarita Unified Schools
Robinson Elementary School
Grades K-6 • 0.2 mi
Rancho Santa Margarita Intermediate School
Grades 7-8 • 0.9 mi
Mission Viejo High School
Grades 9-12 • 6.6 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 67% |
| Baths | 4.0 | 3.0 | 58% |
| Square foot | 3,584 | 2,790 | 72% |
| Lot Size | 6,160 | 6,785 | 44% |
| Price | $1.99M | $1.60M | 68% |
| Price per sq ft | $555 | $614 | 26% |
| Built year | 1994 | 1993 | 51% |
| HOA | $437.0 | $320 | 95% |
| Days on market | 5 | 191 | 1% |
Pricing History
Listed for Sale
Mar 2, 2026
$1,989,000
Initial Listing
Sold
Jan 4, 2021
$1,339,000
Public Record
Sold
May 17, 2001
$533,000
Public Record











































