34 Rosa #3, Rancho Santa Margarita, California 92688, Rancho Santa Margarita, 92688 - 1 bed, 1 bath

34 Rosa  home-pic-0
ACTIVE UNDER CONTRACT$389,900
34 Rosa #3, Rancho Santa Margarita, California 92688
1Bed
1Bath
450Sqft
Lot
Year Built
1986
Close
-
List price
$390K
Original List price
$390K
Price/Sqft
$866
HOA
$87
Days on market
-
Sold On
-
MLS number
219134535DA
Home ConditionGood
Features
Good View: City Lights, Pool
ViewCity Lights,Pool

About this home

We found 3 Cons,5 Pros. Rank: price - $389.9K(3th), sqft - 450(2th), beds - 1(18th), baths - 1(25th).

Centrally located community of Las Flores. Cute and cozy lower 1 bedroom, 1 bath home offered to you Fully Furnished with a 1-Car Carport #126 a great front porch with a large storage closet. The interior features vaulted ceilings, vinyl plank floors, new smart switches and outlets, newer A/C & furnace. The spacious floor plan has designated living and bedroom spaces, with a beautiful kitchen offering bar seating, and included refrigerator, there is also in-unit laundry with included washer/dryer! Enjoy Resort style community pool & spa. Also, conveniently located near shops, restaurants, RSM lake, beach club & more! Just a block away from Trabuco Mesa Community Park with soccer fields & baseball fields, picnic area, tot lot, and not far from top rated Trabuco Mesa Elementary School and the prestigious private Santa Margarita Catholic High School. Rancho Santa Margarita residents also get to enjoy the beautiful RSM lake, beach club, parks, playgrounds, community pools, sports courts, hiking and biking trails. Also, close to O'Neill Regional Park, and easy access to the 241 Foothill Transportation Corridor. Low HOA & Low tax rate. Don't wait!

Price History

Date
Event
Price
08/28/25
Listing
$389,900
Condition Rating
Good

Despite being built in 1986, the property has undergone significant and recent updates, including newer A/C & furnace, new smart switches and outlets, and vinyl plank flooring. The description also highlights a 'beautiful kitchen' with bar seating and included appliances, suggesting it's move-in ready with no immediate renovations required. While interior photos are not available to fully assess the kitchen and bathroom styles and features, the listed upgrades indicate a well-maintained home with functional and updated major systems, aligning with a 'Good' condition score.
Pros & Cons

Pros

Exceptional Location & Community Lifestyle: Centrally located in the desirable Las Flores community, offering resort-style amenities including a pool and spa, proximity to RSM Lake, beach club, shops, restaurants, parks (Trabuco Mesa Community Park, O'Neill Regional Park), top-rated schools, and easy access to the 241 Foothill Transportation Corridor.
Modern & Updated Interior: The home features recent upgrades including newer A/C & furnace, vinyl plank flooring, new smart switches and outlets, and a beautiful kitchen with bar seating, enhancing comfort and functionality.
Turnkey & Fully Equipped: Offered fully furnished with included refrigerator, washer, and dryer, making it an ideal move-in ready option for buyers or an attractive rental opportunity.
Low Ownership Costs: Benefits from a remarkably low HOA fee of $87 and a low tax rate, contributing to greater affordability for homeowners.
Dedicated Parking & Storage: Includes a private 1-car carport (#126) and a large storage closet on the front porch, providing convenient and essential amenities.

Cons

Compact Living Space: With only 450 square feet, the property offers a very compact living area, which may be a significant limitation for buyers seeking more spacious accommodations.
Limited Bedroom/Bathroom Count: As a 1-bedroom, 1-bathroom unit, its appeal is primarily restricted to single occupants or couples, potentially narrowing the prospective buyer pool.
Condominium Lifestyle Limitations: While offering community amenities, condominium living typically involves shared walls, potential noise, and adherence to HOA rules and regulations, which some buyers may find restrictive compared to a single-family home.

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