40 Tierra Montanosa, Rancho Santa Margarita, California 92688, Rancho Santa Margarita, 92688 - 2 bed, 2 bath

40 Tierra Montanosa, Rancho Santa Margarita, California 92688 home-pic-0
ACTIVE$799,000
40 Tierra Montanosa, Rancho Santa Margarita, California 92688
2Beds
2Baths
1,164Sqft
29,634Lot
Year Built
1996
Close
-
List price
$799K
Original List price
$799K
Price/Sqft
$686
HOA
$518
Days on market
-
Sold On
-
MLS number
OC25257190
Home ConditionGood
Features
Good View: Park/Greenbelt
Deck
ViewPark/Greenbelt

About this home

We found 3 Cons,5 Pros. Rank: price - $799.0K(76th), sqft - 1164(70th), beds - 2(50th), baths - 2(50th).

Welcome home to 40 Tierra Montanosa — 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.

Nearby schools

8/10
Melinda Heights Elementary School
Public,K-60.3mi
7/10
Rancho Santa Margarita Intermediate School
Public,7-81.6mi
8/10
Trabuco Hills High School
Public,9-122.2mi

Price History

Date
Event
Price
11/17/25
Listing
$799,000
12/06/21
Sold
$660,000
12/03/19
Sold
$475,000
10/19/17
Sold
$473,000
08/30/13
Sold
$399,000
09/30/10
Sold
$302,000
05/18/07
Sold
$475,000
11/26/97
Sold
$150,000
Condition Rating
Good

Built in 1996, this property is 28 years old. However, the kitchen has been extensively updated with modern two-tone cabinetry, white solid-surface countertops, a subway tile backsplash, a farmhouse sink, and stainless steel appliances, appearing to be renovated within the last 5-10 years. The main living areas feature updated dark wood flooring and plantation shutters, contributing to a move-in ready feel. While the bathrooms are clean and functional with updated vanities, the shower/tub areas and some fixtures appear to be older updates or original, preventing an 'Excellent' rating. Overall, the property is well-maintained with significant modern updates in key areas, aligning with the 'Good' condition criteria.
Pros & Cons

Pros

Exceptional Privacy & End-Unit Advantage: As a private carriage end-unit with no one above or below and only one shared wall, the property offers superior privacy, further enhanced by its front door facing trees and shrubs.
Extensive Community Amenities: Membership in the SAMLARC community provides access to an impressive amenity package, including Lago Santa Margarita, a Beach Club lagoon, multiple pools, and an extensive network of parks and trails.
Move-in Ready with Desirable Interior Features: The residence is beautifully maintained and move-in ready, featuring vaulted ceilings, abundant natural light, wood floors, plantation shutters, a cozy fireplace, and all appliances included.
Flexible Living Space: The open floor plan includes a generous living room, defined dining area, a convenient workspace, and a versatile loft ideal for a second office, creative space, or home gym.
Top-Rated Schools & Greenbelt View: Located in a desirable area with access to highly-rated elementary and high schools, and offering a pleasant park/greenbelt view from the unit.

Cons

High Monthly Association Fee: The property carries a significant monthly association fee of $518, which adds to the overall cost of ownership.
Stair-Access to Main Living Area: While offering single-level living once inside, entry to the main living area requires climbing stairs, which may be a consideration for some buyers.
Limited Private Outdoor Space: The property features a balcony for outdoor enjoyment, but lacks a private yard or garden, which some buyers may desire for more extensive outdoor living.

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