43 El Prisma, Rancho Santa Margarita, California 92688, Rancho Santa Margarita, 92688 - 4 bed, 3 bath
43 El Prisma
Rancho Santa Margarita, California 92688
Property Price
SUMMARY
Analysis of 43 El Prisma, Rancho Santa Margarita, California 92688 reveals a property with a current list price of $1,350,000, which is 8% above the estimated $1,247,990 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Rancho Santa Margarita Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 43 El Prisma Subject | $1,350,000* List Price | 4 | 3 | 2,044 | $611 | - |
A 2 Via Boyero Sold | $1,235,000 | 4 | 3 | 2,046 | $604 | 0.5 mi |
B 52 Via Brida Sold | $1,275,000 | 4 | 3 | 2,032 | $627 | 0.5 mi |
C 22 Brisa Fresca Sold | $1,275,000 | 4 | 3 | 2,152 | $592 | 0.3 mi |
D 34 Via Tronido Active | $1,325,000 List Price | 3 | 3 | 2,018 | $657 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1992, this home is well-maintained and move-in ready. However, the kitchen features dated oak cabinetry and some older appliances, while the bathrooms also show dated vanities, tile, and light fixtures. These areas are functional but clearly reflect styles from 15-30 years ago, indicating a need for minor updates to meet current aesthetic standards.
PROSSTRENGTHS & OPPORTUNITIES
- Expansive Lot & Scenic Views
The property features one of the largest lots in the community, offering ample outdoor space and scenic canyon views.
- Resort-Style Community Amenities
Residents benefit from access to extensive community amenities including the RSM Beach Club, multiple pools, tennis, baseball, and basketball courts, biking trails, and parks.
- Functional & Appealing Interior
The home boasts an open floor plan with soaring ceilings, formal living and dining rooms, a well-equipped kitchen with stone countertops, and a cozy family room with a fireplace.
CONSRISKS & DEFICIENCIES
- Reduced Garage Capacity
One bay of the original 3-car garage has been converted to storage, which may limit vehicle parking space for some buyers.
- Property Age & Potential Updates
Built in 1992, while well-maintained, the home's age suggests that some systems or finishes may eventually require updates to meet contemporary standards.
- All Bedrooms Upstairs Layout
All four bedrooms are located on the upper level, which might be a consideration for buyers desiring a downstairs bedroom or primary suite for accessibility or convenience.
About 43 El Prisma
This beautiful 4-bedroom home sits on one of the largest lots in the community, offering both generous living space and scenic views. Inside, you’ll find soaring ceilings, formal living and dining rooms, and an open floor plan designed for comfort and entertaining. The kitchen is equipped with stone countertops, double oven, dishwasher, and ample cabinetry, flowing seamlessly into the cozy family room with fireplace. All bedrooms are located upstairs, including a spacious primary suite. The private backyard is an outdoor retreat, featuring a covered patio, built-in BBQ island, tranquil water fountain, and secure fencing — perfect for relaxation and entertaining. Additional highlights include a 3-car garage (one bay converted to storage), central A/C, forced heating, laminate and carpet flooring, and an individual laundry room. Enjoy resort-style amenities with access to the RSM Beach Club, 4 pools, tennis, baseball and basketball courts, biking trails, and parks. Conveniently located near hospitals, toll roads, freeways, shopping, and schools, and just a 9-minute drive to Santa Margarita High School.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1992
- Lot Size
- 5,130 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $69.0 / Month
Neighborhood Insights
Rancho Santa Margarita Unified Schools
Melinda Heights Elementary School
Grades K-6 • 0.5 mi
Rancho Santa Margarita Intermediate School
Grades 7-8 • 2.1 mi
Trabuco Hills High School
Grades 9-12 • 1.6 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,044 | 1,972.5 | 65% |
| Lot Size | 5,130 | 4,424.5 | 74% |
| Price | $1.35M | $1.22M | 78% |
| Price per sq ft | $660 | $636 | 65% |
| Built year | 1992 | 1993 | 43% |
| HOA | $69.0 | $87 | 2% |
| Days on market | 182 | 160 | 57% |
Pricing History
Listed for Sale
Sep 6, 2025
$1,350,000
Initial Listing