
Rancho Santa Margarita, California 92688
This Stunning Move-In Ready Home is listed at $1,550,000, reflecting a stable price point aligned with its $1,550,000 Fair Market Value. Featuring a versatile 5-bedroom layout, gorgeous stone flooring, and a granite kitchen, the property maintains a Condition Rating of 4, offering a polished, comfortable living environment. Situated in the desirable Las Flores community, residents enjoy panoramic city light views and proximity to top-rated schools like Tesoro High. This property provides a perfect balance of lifestyle luxury and community convenience, making it an ideal acquisition for growing families or discerning owner-occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 33 Acanthus Subject | $1,550,000* List Price | 4 | 3 | 2,900 | $534 | - |
A 12 Chandler Sold | $1,475,000 | 4 | 3 | 2,460 | $600 | 0.3 mi |
B 38 Sunny Slope Sold | $1,550,000 | 5 | 3 | 2,434 | $637 | 0.5 mi |
C 39 Grassy Knoll Sold | $1,320,000 | 4 | 3 | 1,996 | $661 | 0.3 mi |
D 41 Castletree Sold | $1,430,000 | 4 | 3 | 2,268 | $631 | 0.8 mi |
E 23 Greenvale Sold | $1,475,000 | 4 | 3 | 2,391 | $617 | 1.0 mi |
F 27 Tradition Active | $1,198,000 List Price | 3 | 3 | 1,741 | $688 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2000, the property is 26 years old, placing it in the >20y category. While the home is exceptionally well-maintained and move-in ready with stone flooring and granite counters, the kitchen cabinetry and bathroom fixtures are dated to the original construction era and lack modern renovations.
The home features a versatile five-bedroom floor plan including a main-floor bedroom and bath, elevated by premium stone flooring, granite countertops, and high ceilings.
Located in the desirable Las Flores community directly across from an elementary school, providing excellent accessibility to top-rated schools and local amenities.
The property offers stunning panoramic views of city lights and hills, providing a luxurious backdrop for the low-maintenance backyard.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2900, other record living area = 2790. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
The property has been on the market for 72 days with two price reductions, indicating potential difficulty in aligning the asking price with current buyer expectations.
At 4,560 square feet, the lot size is relatively small for a home of this square footage, which may limit outdoor space for buyers seeking a larger yard.
This is an amazing home in the desirable, high-demand Las Flores community of Rancho Santa Margarita. Built in 2000, it offers exactly 5 bedrooms and 3 full bathrooms, including one bedroom down (used by the seller as a home office) with a full bath down. There's a 3-car garage with a big driveway, and an EV charger on the external wall. Upstairs are 4 bedrooms and an individual laundry room. This home offers ample space for families of all sizes. The home features particularly tasteful upgrades throughout: gorgeous stone flooring on the first level, beautiful granite countertops in the kitchen, exquisite shutters, and double pane windows. The high ceilings look luxurious and wide open. There's an individual dining room, family room, and living room. Both the backyard and front yard are unique and easy to maintain, and the backyard offers panoramic views of the city lights. The location offers excellent public and private schools for all grades — the elementary school is just across the street, and Santa Margarita Hill School and Tesoro High School are close by. Community amenities include parks, a pool, spa, hiking trails, and much more. The property is conveniently located for shopping, dining, and entertainment, and it's not too far from Dana Point Harbor and Laguna Beach. Las Flores is a safe, friendly community where you can enjoy events with neighbors, and it's convenient to the I-5 and toll road 241.
No exterior & parking available.
Grades K-5 • 0.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 2,900 | 2,052.721 |
| Lot Size | 4,560 | 5,381.721 |
| Price | $1.55M | $1.36M |
| Price per sq ft | $534 | $654 |
| Built year | 2000 | 1994 |
| HOA | $184.0 | $146 |
| Days on market | 85 | 53 |
Aug 24, 2026
$1,550,000
$1,599,000
-3% Price Drop
Initial Listing
Jul 17, 2026
$1,599,000
$1,650,000
-3% Price Drop
Initial Listing
Jun 16, 2026
$1,650,000
Initial Listing
May 31, 2023
$1,385,000
Public Record
Dec 13, 2006
$875,000
Public Record
Aug 24, 2000
$414,000
Public Record