4 Pica Flor, Rancho Santa Margarita, California 92688, Rancho Santa Margarita, 92688 - 1 bed, 1 bath
ACTIVE$415,000
4 Pica Flor, Rancho Santa Margarita, California 92688
1Bed
1Bath
510Sqft
Lot
Year Built
1987
Close
-
List price
$415K
Original List price
$437K
Price/Sqft
$814
HOA
$399
Days on market
-
Sold On
-
MLS number
TR25200871
Home ConditionExcellent
Features
ViewTrees/Woods
About this home
We found 3 Cons,5 Pros. Rank: price - $415.0K(4th), sqft - 510(6th), beds - 1(18th), baths - 1(25th).
Completely updated home. New floor and paint throughout. New stove, oven and microwave. Like new stackable washer and dryer. New wooden shades. Conveniently located end unit with view of trees and near covered parking. It is quiet and surrounded by large trees and grass. Shopping center and restaurants very close. Community pool, spa, and playground are a short distance.
Price History
Date
Event
Price
12/12/25
Price Change
$415,000-2.8%
11/18/25
Price Change
$427,000-2.3%
09/08/25
Listing
$437,000
Condition Rating
Excellent
Despite being built in 1987, the property has undergone a complete and extensive renovation, as stated in the description and clearly visible in the images. The kitchen features new stainless steel appliances (stove, oven, microwave, dishwasher), modern white cabinetry with contemporary hardware, dark countertops, and a stylish mosaic tile backsplash. The bathroom boasts modern vessel sinks, updated vanities, contemporary mirrors, and new light fixtures. New LVP flooring and fresh paint throughout the unit, along with modern light fixtures and closet doors, contribute to a virtually new interior. This comprehensive update brings the property to current quality standards, aligning with the 'Excellent' score criteria for a recently and extensively renovated home.
Pros & Cons
Pros
Extensively Updated Interior: The home has been completely updated with new flooring, paint throughout, new stove, oven, microwave, and includes a like-new stackable washer and dryer, offering a move-in ready condition.
Prime End Unit Location: Conveniently located as an end unit, providing enhanced privacy and a quieter living environment, surrounded by large trees and grass.
Desirable Views & Parking: Offers pleasant tree views and is situated near covered parking, adding to convenience and aesthetic appeal.
Excellent Local & Community Amenities: Benefits from close proximity to shopping centers, restaurants, and community amenities including a pool, spa, and playground, enhancing lifestyle convenience.
Recent Price Adjustment: The property has undergone multiple price reductions, indicating a motivated seller and potentially offering a competitive value proposition at its current list price of $415,000.
Cons
Compact Living Space: With only 1 bedroom, 1 bathroom, and 510 square feet, the property offers limited living space, which may not suit all buyer needs or future expansion.
Significant Monthly Association Fee: A monthly association fee of $399 adds a substantial recurring cost to homeownership, impacting overall affordability.
Condominium Ownership Limitations: As a condominium, it entails shared walls and adherence to HOA rules and regulations, which may limit personal modifications or offer less privacy compared to a detached home.