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

31942 Magpie, Rancho Santa Margarita, California 92679 home-pic-0

31942 Magpie

Rancho Santa Margarita, California 92679

ACTIVE
CONDITION: EXCELLENT
5Beds
4Baths
3,584Sq Ft
6,160Lot Size

Property Price

LIST PRICE$1,989,000
EST. MARKET VALUE
$1,942,324

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

$1,942,324
Based on Realkey algorithm analyzing recent comparable sales in Rancho Santa Margarita.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
31942 Magpie
Subject
$1,989,000*
List Price
543,584$542-
A
3 Snowdon
Sold
$1,720,000543,762$4570.6 mi
B
21251 Hillgate Circle
Sold
$1,550,000533,410$4550.8 mi
C
57 Hillrise
Sold
$1,850,000543,316$5580.8 mi
D
21495 Silvertree Lane
Sold
$1,800,000533,504$5140.6 mi
E
31892 Wagon Wheel
Sold
$1,480,000432,824$5240.4 mi
F
6 Muirfield
Sold
$1,728,108443,137$5510.6 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Excellent
TeardownExcellent

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

7/10

Rancho Santa Margarita Intermediate School

Grades 7-8 • 0.9 mi

7/10

Mission Viejo High School

Grades 9-12 • 6.6 mi

7/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds5.04.0
67%
Baths4.03.0
58%
Square foot3,5842,790
72%
Lot Size6,1606,785
44%
Price$1.99M$1.60M
68%
Price per sq ft$555$614
26%
Built year19941993
51%
HOA$437.0$320
95%
Days on market5191
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

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