33 Calle Gazapo, Rancho Santa Margarita, California 92688, Rancho Santa Margarita, 92688 - 4 bed, 3 bath
Loading property details...
Rancho Santa Margarita, California 92688
This Stunning Move-In Ready Home is listed at $1,419,900, offering exceptional value right at its $1,443,791 Fair Market Value. Featuring a main-floor bedroom, full PEX repipe, and Saddleback Mountain views, the property boasts a Good Condition Rating with significant infrastructure upgrades. Situated in the highly desirable Melinda area, it provides access to top-rated schools like Melinda Heights Elementary and resort-style community amenities. This listing combines financial stability with lifestyle luxury, making it the perfect fit for a growing family or discerning owner-occupants seeking a polished, stress-free transition in South Orange County.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 33 Calle Gazapo Subject | $1,419,900* List Price | 4 | 3 | 2,411 | $599 | - |
A 19 La Purisima Sold | $1,521,250 | 4 | 3 | 2,712 | $561 | 0.3 mi |
B 9 El Morro Sold | $1,360,000 | 5 | 3 | 2,301 | $591 | 0.3 mi |
C 5 San Gabriel Sold | $1,425,000 | 4 | 3 | 2,400 | $594 | 0.3 mi |
D 29 Feldspar Sold | $1,383,000 | 4 | 3 | 2,545 | $543 | 0.3 mi |
E 17 Ametrine Sold | $1,238,250 | 4 | 3 | 2,000 | $619 | 0.4 mi |
F 5 Via Anta Sold | $1,490,000 | 4 | 3 | 3,003 | $496 | 0.4 mi |
G 24 Via Gatillo Active | $1,325,000 List Price | 3 | 3 | 2,018 | $657 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1994 (32 years old), the property is classified as Good due to high-quality maintenance and key system upgrades. The kitchen, while featuring dated oak cabinetry, has been modernized with granite countertops and stainless steel appliances. The home also boasts a full PEX repipe (a major system upgrade), newer interior and exterior paint, and is presented in move-in ready condition, exceeding the typical 'Fair' expectations for its age.
The inclusion of a rare main-floor bedroom and full bathroom provides essential flexibility for multigenerational living, guests, or a dedicated home office.
A full PEX repipe, brand-new exterior paint, and newer interior paint offer significant peace of mind and reduce immediate maintenance costs for the buyer.
The property features no Mello Roos, a low property tax rate, and a very affordable $91 HOA fee, providing exceptional long-term value in South Orange County.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =6159, other record lot size in square feet = 5985. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
While well-maintained, the 1994 construction and kitchen layout may require further cosmetic modernization to compete with contemporary luxury design standards.
The home's desirable proximity to community parks and pools can lead to increased pedestrian traffic and ambient noise during peak recreational hours.
Located in the highly desirable Melinda area of Rancho Santa Margarita, this beautifully maintained 4-bedroom, 3-bathroom home offers a bright, functional floor plan, thoughtful upgrades, and a location that puts you just steps from parks, pools, and everyday convenience. With surprising views of Saddleback Mountain and access to some of the best community amenities in South Orange County, this home delivers comfort, lifestyle, and value in one great package. From the moment you step inside, the formal entry welcomes you with soaring ceilings, abundant natural light, and an open, airy feel. The front living room flows seamlessly into the formal dining area, creating a great space for gatherings, holidays, or quiet evenings at home. The kitchen is complete with stainless steel appliances, double ovens, and a layout that opens to a breakfast nook and family room, making it ideal for both entertaining and daily living. Whether you’re hosting friends or keeping an eye on the action while cooking dinner, the space is practical, connected, and easy to enjoy. A major highlight of the floor plan is the main-floor bedroom with access to a full bathroom, offering excellent flexibility for guests, extended family, a home office, or multigenerational living. Upstairs, the spacious primary bedroom captures surprising views of Saddleback Mountain, creating a peaceful retreat to start and end the day. Two additional secondary bedrooms complete the upper level with a shared full bathroom, and all bedrooms are equipped with ceiling fans for added comfort. The home also features newer interior paint, recessed lighting, brand-new exterior paint, and the peace of mind of a full PEX repipe. These upgrades add both style and substance—because pretty is nice, but practical is even better. To set this home apart, the backyard provides well appointed landscaping for a spacious peaceful retreat with great yard space. Beyond the home itself, residents enjoy access to Rancho Santa Margarita’s resort-style amenities, including four Olympic-sized swimming pools, two of which are located right in Melinda, along with the Beach Club and Swim Lagoon, sports courts, parks, trails, and more. With no Mello Roos, a low property tax rate, and access to highly rated schools, this home offers a rare blend of location, function, and long-term value in one of Rancho Santa Margarita’s most loved neighborhoods.
No exterior & parking available.
Grades K-6 • 0.5 mi
Grades 7-8 • 1.7 mi
Grades 9-12 • 1.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 2,411 | 2,093 |
| Lot Size | 6,159 | 5,515 |
| Price | $1.42M | $1.34M |
| Price per sq ft | $589 | $636 |
| Built year | 1994 | 1995 |
| HOA | $91.0 | $140 |
| Days on market | 6 | 50 |
Jul 16, 2026
$1,419,900
Initial Listing
Jun 25, 2015
$710,000
Public Record
Apr 10, 2012
$488,000
Public Record
Mar 31, 2004
$715,000
Public Record
Jul 28, 1995
$224,000
Public Record