
Rancho Santa Margarita, California 92688
Analysis of 35 Edmonton Way, Rancho Santa Margarita, California 92688 is currently available with a list price of $1,475,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. 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.
Property is moderate renovation needed.
Built in 1999 (27 years old), the property is well-maintained but features dated finishes including honey oak cabinetry and older granite/tumbled stone styles in the kitchen. While it boasts a significant PEX repipe and whole-house fan, the overall aesthetic is over 20 years old and requires cosmetic updates to be considered modern.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10606, living area = 2425.
Situated on a rare 10,606 sqft flag lot, the property offers superior privacy and additional parking capacity compared to standard lots in the Las Flores community.
The home includes a full PEX repipe, a whole-house fan, and a fire sprinkler system, providing significant long-term value and peace of mind regarding maintenance.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 5.
The property is noted as having no specific view, which may be a disadvantage for buyers seeking the hillside or city light vistas common in premium Rancho Santa Margarita neighborhoods.
With four bedrooms plus a loft and office, the 2.5 bathroom configuration may feel limited for larger families or those accustomed to more en-suite facilities at this price point.
Welcome to 35 Edmonton Way in the Las Flores community of Rancho Santa Margarita. From the moment you step inside, you'll be welcomed by an abundance of natural light, elevated ceilings, and a unique octagonal tray ceiling that sets the tone for the charm found throughout this beautiful home. Offering 4 bedrooms, 2.5 bathrooms, a dedicated office, and spacious loft that also boasts additional storage, this thoughtfully designed home provides exceptional flexibility for today's lifestyle. The open concept living spaces feature beautiful stone flooring, solid wood cabinetry, and thoughtful touches throughout. The bright kitchen showcases granite counterops and tumbled stone backsplash and opens to the family room with a fireplace & raised stone hearth views of the large-private backyard. The backyard has mature trees with tasteful landscape making it an ideal setting to host your family and friends, relax after a long day or enjoy a friendly game of corn hole. This house is situated on a flag lot and effortlessly accommodates extra parking and only adds to the overall privacy this house enjoys. The downstairs room is currently being utilized as an office but it offers ideal flexibility to meet your needs. This space can be reimagined as a 5th bedroom with its own en-suite or by transforming the space to a tandem 3rd car garage. Upstairs, the spacious primary suite is complete spa-inspired bathroom featuring a soaking tub, separate shower, dual vanities, and a generous walk-in closet. Three additional bedrooms share a full bathroom with dual sinks. The laundry room is conveniently located upstairs enhancing everyday conveniences. Thoughtful upgrades and amenities that provide both comfort and peace of mind include a full-house PEX repipe, a whole house fan and a fire sprinkler system. Ideally located in the heart of Las Flores, residents enjoy amenities that are resort inspired including a pool, spa, splash pad, playgrounds, scenic hiking and biking trails, pickleball and tennis courts and sports courts. Year-round community events are also an incredible part of the Las Flores lifestyle. The Las Flores bridge will take you up and over Oso Parkway leading to the community pool, parks and also to highly rated Las Flores TK–8 school. Award winning Tesoro High School is also located just a short distance away. This home offers the perfect blend of comfort, convenience, and community. Don't miss the opportunity to make this exceptional property your next home.
No exterior & parking available.
Grades K-5 • 0.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 2,425 | 2,093 |
| Lot Size | 10,606 | 5,515 |
| Price | $1.48M | $1.34M |
| Price per sq ft | $608 | $636 |
| Built year | 1999 | 1995 |
| HOA | $174.0 | $140 |
| Days on market | 6 | 50 |
Jul 16, 2026
$1,475,000
Initial Listing
Mar 19, 1999
$284,500
Public Record