
Rancho Santa Margarita, California 92688
Strong Value Opportunity for estimation_ratio 5-9".
But my ratio is -9. So no.
* *Final check on the "Full version"*:
"This **Turnkey Carriage-Style Condominium** is listed at **$799,000**, representing a premium lifestyle asset relative to the **$728,960 Fair Market Value**. Boasting a **Move-in Ready Condition**, this rare end-unit features a versatile **Loft**, **2-Car Attached Garage**, and a serene **Greenbelt View**. Residents gain exclusive access to **SAMLARC Amenities**, including the Beach Club and Lake, while benefiting from **Top-Rated Schools** within the **Saddleback Valley Unified** district. This private sanctuary is a perfect match for <span class="text-blue-600 font-bold">Owner-Occupants</span> or <span class="text-purple-600 font-bold">first-time buyers</span> seeking a high-quality, low-maintenance transition."
* *Wait, I should check if I should use the "estimation_ratio" in the Full version.*
The prompt says: "Red Bold Underline (for discount estimation_ratio): ALWAYS use when property is below market value".
It doesn't say what to do if it's above.
I'll just state the prices.
* *Wait, I should check if I should use the "Green Background Highlight" for "Strong Value Opportunity" for estimation
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 40 Tierra Montanosa Subject | $799,000* List Price | 2 | 2 | 1,164 | $626 | - |
A 9 Tierra Montanosa Sold | $725,000 | 2 | 2 | 1,064 | $681 | 0.0 mi |
B 3 Camino Del Oro Sold | $650,000 | 2 | 2 | 1,110 | $586 | 0.8 mi |
C 130 Morning Glory Sold | $710,000 | 2 | 2 | 1,072 | $662 | 1.0 mi |
D 4 Paseo Estrellas Sold | $699,000 | 2 | 2 | 1,110 | $630 | 0.8 mi |
E 28 Tierra Montanosa Sold | $935,000 | 3 | 3 | 1,472 | $635 | 0.0 mi |
F 10 Tierra Plano Active | $725,000 List Price | 2 | 2 | 1,120 | $647 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
This 1996-built carriage unit is in move-in-ready condition and has been well-maintained. It features desirable upgrades such as wood flooring, plantation shutters, a cozy fireplace, and custom closet shelving in the primary suite. While the property is nearly 30 years old, the interior presentation and the inclusion of all appliances suggest that major systems and aesthetic components have been updated or meticulously kept, meeting the criteria for a high-quality, functional home without the need for immediate renovation.
As a carriage end-unit with no neighbors above or below and only one shared wall, this residence offers a level of quiet and privacy rarely found in high-density condominium developments.
The inclusion of a flexible loft area and a dedicated workspace beneath the stairs provides essential square footage for a home office, gym, or creative studio, catering perfectly to modern remote-work needs.
Membership in the SAMLARC community grants exclusive access to the Lago Santa Margarita Beach Club, multiple pools, and extensive trails, significantly enhancing the lifestyle value and long-term desirability of the property.
The carriage-style design requires residents to climb stairs from the private entry and garage to reach the main living level, which may be a drawback for buyers with mobility concerns or those seeking single-level access.
The $518 monthly association fee represents a significant recurring expense that may impact buyer affordability and overall debt-to-income ratios compared to units with lower overhead.
2 Bedrooms Plus a Loft! A beautifully maintained, private carriage end-unit offering a rare blend of natural light, privacy, and functional space. This move-in-ready residence features 2 bedrooms, 2 bathrooms, a loft, and a spacious 2-car attached garage with direct access. Enter through your private entry and climb to your single-level living area, where vaulted ceilings, abundant light, wood floors, plantation shutters, and a cozy fireplace greet you. The open floor plan flows through a generous living room, defined dining area, and a convenient workspace tucked beneath the stairs. The loft area offers tremendous flexibility — ideal for a second office, creative space, or home gym. The primary suite features a large walk-in closet with custom shelving and a generous bathroom. Enjoy afternoon sun on the balcony — perfect for relaxing or entertaining. All appliances are included, and laundry is located in the garage. With no one above or below and only one shared wall, this home offers the best of condo living in a peaceful Rancho Santa Margarita community. The end-unit is especially private, with the front door facing trees and shrubs. As a member of the SAMLARC community, residents gain access to an impressive amenity package — including the man-made Lago Santa Margarita and Beach Club lagoon, multiple pools, and an extensive network of parks and trails.
No exterior & parking available.
Grades K-6 • 0.3 mi
Grades 7-8 • 1.6 mi
Grades 9-12 • 2.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,164 | 1,027 | 69% |
| Lot Size | 29,634 | 18,514 | 64% |
| Price | $799.0K | $650.0K | 78% |
| Price per sq ft | $686 | $656 | 68% |
| Built year | 1996 | 1990 | 78% |
| HOA | $518.0 | $452 | 80% |
| Days on market | 156 | 170 | 44% |
Nov 17, 2025
$799,000
Initial Listing
Dec 6, 2021
$660,000
Public Record
Dec 3, 2019
$475,000
Public Record
Oct 19, 2017
$473,000
Public Record
Aug 30, 2013
$399,000
Public Record
Sep 30, 2010
$302,000
Public Record
May 18, 2007
$475,000
Public Record
Nov 26, 1997
$150,000
Public Record