44 Tierra Montanosa, Rancho Santa Margarita, California 92688, Rancho Santa Margarita, 92688 - 3 bed, 3 bath
44 Tierra Montanosa
Rancho Santa Margarita, California 92688
Property Price
SUMMARY
Analysis of 44 Tierra Montanosa, Rancho Santa Margarita, California 92688 is currently available with a list price of $949,900. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. 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.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Although built in 1996, the property has undergone extensive recent renovations that bring it to current market standards. Key upgrades include a fully remodeled kitchen with new cabinetry and countertops, modernized bathrooms with smart mirrors and rain showers, luxury vinyl plank flooring throughout, and fresh interior paint. Additionally, major systems have been recently updated, including the HVAC, water heater, and roof, complemented by modern features like an EV charger and whole-house water filtration.
PROSSTRENGTHS & OPPORTUNITIES
- Versatile Floor Plan
The rare inclusion of a downstairs in-law suite with a full bathroom offers exceptional flexibility for multi-generational living, guests, or a private home office.
- Extensive Modern Upgrades
The property is move-in ready with a remodeled kitchen, luxury vinyl plank flooring, newer HVAC, a whole-house water filtration system, and a built-in EV charger.
- Financial & Maintenance Benefits
Ownership costs are optimized by the absence of Mello-Roos taxes and an HOA that covers both home insurance and roof maintenance, providing significant long-term value.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1487, other record living area = 1361.
- High Monthly HOA Fees
The $518 monthly association fee is a substantial recurring expense that may impact the debt-to-income ratio and overall affordability for some buyers.
- Compact Living Area
With 1,487 square feet of living space, the interior may feel restrictive for larger families compared to detached single-family homes in the same price bracket.
About 44 Tierra Montanosa
** Sellers are highly motivated ** " Home insurance is covered by HOA. " This upgraded Rancho Santa Margarita home features a downstairs in-law suite with a full bath, along with " 3 bedrooms and 3 full bathrooms " in a quiet, tree-lined community with Saddleback Mountain views. The open layout offers high ceilings, abundant natural light, and luxury vinyl plank flooring throughout, with updated lighting and a refreshed fireplace. The remodeled kitchen includes updated cabinetry, new countertops and backsplash, upgraded fixtures, and quality appliances. Upstairs are two en-suite bedrooms, including a spacious primary suite with a custom walk-in closet, dual vanity, smart mirrors, barn door detail, and a rain shower. Recent improvements include newer HVAC and water heater, whole-house water filtration with reverse osmosis, paid smart security system, EV charger, garage upgrades, and fresh interior paint. The HOA has recently replaced the roof and sealed the skylight. Enjoy a private patio, resort-style amenities nearby, a two-car garage, guest parking, top-rated schools, and no Mello-Roos.
Property Details
Public Facts
- Property Type
- Townhouse
- Year Built
- 1996
- Lot Size
- 29,634 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $518.0 / Month
Neighborhood Insights
Rancho Santa Margarita Unified Schools
Melinda Heights Elementary School
Grades K-6 • 0.3 mi
Rancho Santa Margarita Intermediate School
Grades 7-8 • 1.6 mi
Trabuco Hills High School
Grades 9-12 • 2.2 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,487 | 1,487 | 50% |
| Lot Size | 29,634 | 19,943 | 58% |
| Price | $949.9K | $929.0K | 53% |
| Price per sq ft | $639 | $604 | 63% |
| Built year | 1996 | 1993 | 58% |
| HOA | $518.0 | $425 | 84% |
| Days on market | 39 | 167 | 11% |
Pricing History
Listed for Sale
Mar 3, 2026
$949,900
$919,000
+3% Price Increase
Initial Listing
Price Change
Jan 28, 2026
$919,000
Initial Listing
Sold
May 27, 2022
$901,000
Public Record
Sold
Dec 16, 2019
$570,000
Public Record
Sold
May 12, 2006
$580,000
Public Record
Sold
Oct 22, 2001
$274,000
Public Record
Sold
Jan 16, 1998
$173,000
Public Record