43 Via Cresta, Rancho Santa Margarita, California 92688, Rancho Santa Margarita, 92688 - 1 bed, 1 bath
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Rancho Santa Margarita, California 92688
This Move-In Ready Condominium is a Strong Value Opportunity, listed at $399,000—positioned slightly above the $381,705 Fair Market Value. While the price reflects a premium, the property maintains a Good Condition Rating with recent upgrades like new laminate flooring and fresh paint. Featuring a ground-level, no-step entry and FHA-approved status, it offers a rare, accessible entry point into the Saddleback Valley Unified school district. With access to pool, spa, and park amenities, this is an ideal sanctuary for first-time buyers or downsizing professionals seeking a turnkey lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 43 Via Cresta Subject | $399,000* List Price | 1 | 1 | 547 | $698 | - |
A 23 Via Prado Sold | $365,000 | 1 | 1 | 547 | $667 | 0.0 mi |
B 55 Via Cresta Sold | $380,000 | 1 | 1 | 547 | $695 | 0.0 mi |
C 27 Castano Sold | $430,000 | 1 | 1 | 692 | $621 | 0.4 mi |
D 45 Via Prado Sold | $470,000 | 2 | 1 | 700 | $671 | 0.1 mi |
E 21 Silktassel Sold | $485,000 | 1 | 1 | 742 | $654 | 0.7 mi |
F 70 Gavilan 18 Sold | $440,000 | 2 | 1 | 618 | $712 | 0.5 mi |
G 4 Pica Flor Sold | $405,000 | 1 | 1 | 510 | $794 | 0.4 mi |
H 33 Via Pamplona Sold | $508,500 | 1 | 1 | 709 | $717 | 0.1 mi |
I 55 Via Cresta Active | $485,000 List Price | 1 | 1 | 547 | $887 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1989 (35 years old), the property qualifies as 'Good' due to recent cosmetic updates including new laminate wood flooring and fresh paint throughout. While the kitchen and bathroom cabinetry and tiling appear dated/original, the unit is well-maintained, functional, and explicitly listed as move-in ready.
The property is FHA approved, allowing for a low 3.5% down payment, which combined with its ground-level, no-step entry, makes it highly accessible for first-time buyers and those with mobility preferences.
The condo features several recent upgrades, including new paint and new laminate wood flooring throughout, ensuring a turnkey experience for the new owner.
Ideally situated within walking distance to Lake Santa Margarita, O'Neil Regional Park, and local shopping centers, the property also offers robust association amenities including a pool, spa, and BBQ areas.
At only 547 square feet, the living space is quite compact, which may pose challenges for storage or buyers looking for more generous room proportions.
The one-bedroom, one-bathroom layout limits the property's appeal to a smaller demographic of buyers and may offer less long-term versatility compared to multi-bedroom units.
FHA approved condo, Buy this condo only with 3.5% down payment. LIGHT, BRIGHT AND THIS CUTE ONE BED CONDO IS MOVE IN READY FOR YOU!!!! New paint, no steps to this ground level, one bedroom, one bath condo. Large front porch ready for relaxing or mini BBQ.Washer and dryer hookup in the unit. Open floor plan with new laminate wood flooring through out. Tiled kitchen floor, a ceiling fan in above dining area. Conveniently located to shopping, restaurants, schools, walking trails. Enjoyment of association amenities includes pool,spa, picnic area, BBQ and child's playground. Walking distance from local shopping centers, schools, parks, O'Neil Regional Park and Lake Santa Margarita. Come and see this one!
No exterior & parking available.
Grades K-6 • 0.3 mi
Grades 7-8 • 0.2 mi
Grades 9-12 • 3.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 547 | 1,093 |
| Lot Size | 72,008 | 26,135 |
| Price | $399.0K | $681.3K |
| Price per sq ft | $729 | $638 |
| Built year | 1989 | 1991 |
| HOA | $324.0 | $463 |
| Days on market | 30 | 51 |
Jun 22, 2026
$399,000
Initial Listing
Jun 16, 2011
$101,000
Public Record
Nov 29, 2007
$205,000
Public Record
Mar 14, 1997
$46,000
Public Record
Sep 20, 1994
$62,000
Public Record