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40 Mancera, Rancho Santa Margarita, California 92688, Rancho Santa Margarita, 92688 - 5 bed, 4 bath

40 Mancera, Rancho Santa Margarita, California 92688 home-pic-0
ACTIVE$1,768,000
40 Mancera, Rancho Santa Margarita, California 92688
5Beds
4Baths
3,600Sqft
6,720Lot
Year Built
1990
Close
-
List price
$1.77M
Original List price
$2.03M
Price/Sqft
$491
HOA
$184
Days on market
-
Sold On
-
MLS number
OC25242425
Home ConditionExcellent
Features
Good View: Park/Greenbelt, Hills, Mountain(s)
Pool
Spa
Patio
ViewPark/Greenbelt, Hills, Mountain(s)

About this home

Great Deal:The estimated price is 11% above the list price. We found 3 Cons,6 Pros. Rank: price - $1.77M(90th), sqft - 3600(97th), beds - 5(88th), baths - 4(87th).

$260K huge Price Reduction IN TOTAL! Only $490/sqft that beats $600/sqft in average in the same community. It even doesn't count in a beautiful waterfall Pool & Spa! Located in the highly sought-after community on Montilla in Rancho Santa Margarita, rank #1 safest city in CA by Moving Waldo! This beautiful pool home boasts 5 bedrooms, 4 full bathrooms which including one bedroom and one full bathroom downstairs. Two-story high formal dining room and living room. Hardwood floor for all over the house! Real wood shuttles for all windows. $100K upgraded recently including New pool/spa equipments, New water heater with circulation pump & timer, New DUAL A/Cs & Furnace, New dishwasher, gas stove & BBQ grill, New shower doors & wood shuttles for children rooms, New locks for all downstair doors, New custom double doors for downstair bedroom, New ceiling fans, and New painting for whole house including doors and cabinets. Salt waterfall pool/spa in the back yard with indoor Control Panel. Awesome view of Saddleback Mountains! Close to the Tijers Creek Golf Course. HOA amenities include 4 swimming pools, 3 tennis courts, and Lake beach club & lagoon. A few minutes' walk to Arroyo Vista K-8 School (blue ribbon), and close to Tesoro High school Bus Stop which Located in Arroyo Vista park that goes to Tesoro high school (among the top 5% best public high school in CA according Niche.com). Olympic size swimming pool, 3 tennis courts, BBQ houses, Arroyo Vista park, Tijeras Creek Golf Course, and O'Neil Regional Park, all within a few minutes' walking distance! Photovoltaics leased. Fumigation via tent with 5 years warranty. As Is.

Nearby schools

7/10
Arroyo Vista Elementary School
Public,•K-5•0.2mi
9/10
Arroyo Vista Middle School
Public,•6-8•0.2mi

Price History

Date
Event
Price
12/17/25
Price Change
$1,768,000-1.1%
12/03/25
Price Change
$1,788,000-0.7%
11/24/25
Price Change
$1,800,000+0.7%
11/20/25
Price Change
$1,788,000-0.7%
11/10/25
Price Change
$1,800,000-2.7%
11/06/25
Price Change
$1,850,000-4.0%
11/04/25
Price Change
$1,928,000-2.6%
11/02/25
Price Change
$1,980,000-2.4%
10/29/25
Listing
$2,028,000
Condition Rating
Excellent
Built in 1990, this property has undergone extensive recent renovations, with over $100K invested in upgrades. This includes new dual A/Cs & furnace, a new water heater, new pool/spa equipment, new dishwasher, gas stove, and BBQ grill, new shower doors, new ceiling fans, and fresh paint throughout the entire house, including cabinets. Hardwood floors are installed throughout, and the kitchen and bathrooms feature updated white cabinetry and granite countertops, all appearing in excellent, well-maintained condition. These significant updates to major systems and cosmetic elements bring the property's condition to a virtually new standard, making it move-in ready with no deferred maintenance.
Pros & Cons

Pros

Great Schools: Middle School: Arroyo Vista Middle School (9/10).
Exceptional Value Proposition: A significant $260K price reduction brings the property to $490/sqft, notably below the community average of $600/sqft, offering strong value.
Extensive Recent Upgrades: Over $100K in recent upgrades including new dual A/Cs & furnace, water heater, pool/spa equipment, appliances, and fresh paint throughout, minimizing immediate buyer expenses.
Prime Location & Community: Located in the highly sought-after Montilla community within Rancho Santa Margarita, ranked #1 safest city in CA, offering mountain views and proximity to Tijeras Creek Golf Course.
Outstanding School Access: Within a few minutes' walk to Arroyo Vista K-8 School (blue ribbon) and with bus access to Tesoro High School (top 5% in CA), making it ideal for families.
Abundant Amenities: Features a private salt waterfall pool & spa, complemented by extensive HOA amenities including 4 swimming pools, 3 tennis courts, a lake beach club, and nearby parks and golf course.

Cons

Leased Photovoltaic System: The photovoltaic system is leased, meaning the buyer will incur ongoing monthly lease payments rather than owning the system outright and fully benefiting from energy savings.
As-Is Sale Condition: The property is sold 'As Is,' which may imply the seller will not address any further repairs or issues discovered during inspections, potentially requiring additional buyer investment.
Property Age: Built in 1990, the property is over 30 years old. While extensively upgraded, some original components or infrastructure might still be present, potentially leading to future maintenance concerns.

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