
Rancho Santa Margarita, California 92688
This Turnkey Condominium is a Strong Value Opportunity, listed at $679,999, which aligns with its Fair Market Value. Featuring a Condition Rating of 2, this home is fully renovated with new flooring, paint, and a modern kitchen. The property offers a rare, huge wrap-around patio and access to premium SAMLARC amenities and top-rated schools like Arroyo Vista Middle (9/10). This residence provides a stable, low-maintenance lifestyle in a prime South Orange County location, making it an ideal choice for first-time buyers or downsizing professionals.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 42 Via Contento Subject 2 bd · 2 ba · 1,117 sqft · $590 | $659,000* List Price | 2 | 2 | 1,117 | $590 | - |
A 64 Via Solaz Sold 2 bd · 2 ba · 1,170 sqft · $624 · 0.0 mi | $729,900 | 2 | 2 | 1,170 | $624 | 0.0 mi |
B 151 Pasto Rico Sold 2 bd · 3 ba · 1,091 sqft · $628 · 0.2 mi | $685,000 | 2 | 3 | 1,091 | $628 | 0.2 mi |
C 3 Via Ermitas Sold 2 bd · 2 ba · 908 sqft · $661 · 0.1 mi | $599,900 | 2 | 2 | 908 | $661 | 0.1 mi |
D 19 Encantado Sold 2 bd · 2 ba · 1,329 sqft · $557 · 0.2 mi | $740,000 | 2 | 2 | 1,329 | $557 | 0.2 mi |
E 93 Pasto Rico Sold 2 bd · 2 ba · 1,032 sqft · $664 · 0.2 mi | $685,000 | 2 | 2 | 1,032 | $664 | 0.2 mi |
F 147 Via Contento Sold 2 bd · 2 ba · 1,117 sqft · $613 · 0.1 mi | $685,000 | 2 | 2 | 1,117 | $613 | 0.1 mi |
G 34 Via Solaz Sold 2 bd · 2 ba · 971 sqft · $617 · 0.1 mi | $599,000 | 2 | 2 | 971 | $617 | 0.1 mi |
H 9 Via Ermitas Active 2 bd · 2 ba · 1,117 sqft · $671 · 0.1 mi | $749,000 List Price | 2 | 2 | 1,117 | $671 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone a recent comprehensive renovation within the last 5 years, featuring brand-new flooring, fresh paint, a new water heater, and a fully modernized kitchen with stainless steel appliances and white shaker cabinets. It is in mint, turnkey condition with no maintenance required.
Middle School: Arroyo Vista Middle School (9/10).
The home is move-in ready with recent updates including new flooring, fresh paint, new window blinds, and a new water heater, plus included appliances like the refrigerator and LG washer/dryer.
As a ground-floor corner unit, the property features a rare, large wrap-around patio that significantly extends the living space and offers added privacy compared to interior units.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =92527, other record lot size in square feet = 2333.
With 82 days on the market and two consecutive price reductions from the original $715,000, the property has faced challenges in securing a buyer at its initial price points.
The listing explicitly notes a lack of views, which may be a competitive disadvantage in a community where many units offer vistas of the golf course or surrounding hills.
Priced to sell just reduced price again! PLEASE CALL LISTING AGENT FOR SHOWING. Welcome to effortless living in the heart of Rancho Santa Margarita. Perfectly positioned as a private ground-floor corner residence, this adorable updated home offers the rare combination of move-in-ready convenience, modern updates, and the resort-style lifestyle Orange County is known for. Thoughtfully updated throughout, the home features brand-new flooring, paint, new window blinds, and a new water heater! ENTIRE CONDO HAS BEEN RE-PIPED! Move- in ready, contemporary space that's ready to enjoy from day one. The desirable corner location welcomes an abundance of natural light while offering added privacy and an inviting HUGE wrap around patio perfect for morning coffee, evening wine. Designed for easy living, the open-concept floor plan offers a seamless flow between the living, dining, and kitchen spaces. To make your move even easier, the home includes the refrigerator, LG stackable washer, and dryer, allowing you to settle in from day one. Ownership includes access to the exceptional SAMLARC amenities, featuring the Beach Club Lagoon, Lake, multiple resort-style pools, parks, tennis and pickleball courts, playgrounds, miles of scenic hiking and biking trails, and a year-round calendar of community events! Ideally located just minutes from Rancho Santa Margarita Lake, Tijeras Creek Golf Club, award-winning schools, shopping, dining, and convenient access to the 241 Toll Road, this home places the very best of South Orange County right outside your door. Whether you're purchasing your first home, downsizing, or searching for a low-maintenance Orange County retreat, this turnkey residence offers comfort, convenience, and an exceptional lifestyle in one of South Orange County's most desirable master-planned communities. Beautifully updated, ideally located, and completely move-in ready—this is the one you've been waiting for.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades 6-8 • 0.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,117 | 1,056.017 |
| Lot Size | 92,527 | 26,968.576 |
| Price | $659.0K | $672.1K |
| Price per sq ft | $590 | $625 |
| Built year | 1990 | 1990 |
| HOA | $385.0 | $470 |
| Days on market | 123 | 54 |
Oct 7, 2026
$659,000
$679,999
-3% Price Drop
Initial Listing
Aug 4, 2026
$679,999
$698,000
-3% Price Drop
Initial Listing
Jul 19, 2026
$698,000
$715,000
-2% Price Drop
Initial Listing
Jun 24, 2026
$715,000
Initial Listing
Oct 13, 2023
$650,000
Public Record
Jul 20, 2021
$545,000
Public Record
Jan 26, 1998
$95,000
Public Record