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45 Via Prado, Rancho Santa Margarita, California 92688, Rancho Santa Margarita, 92688 - 2 bed, 1 bath

45 Via Prado, Rancho Santa Margarita, California 92688 home-pic-0
ACTIVE$489,999
45 Via Prado, Rancho Santa Margarita, California 92688
2Beds
1Bath
700Sqft
700Lot
Year Built
1990
Close
-
List price
$490K
Original List price
$505K
Price/Sqft
$700
HOA
$270
Days on market
-
Sold On
-
MLS number
OC25227116
Home ConditionGood
Features
Patio
ViewNeighborhood, Trees/Woods

About this home

We found 3 Cons,5 Pros. Rank: price - $490.0K(16th), sqft - 700(18th), beds - 2(50th), baths - 1(25th).

PRICE IMPROVEMENT! Step into effortless Southern California living with this beautifully updated single-level home in the heart of Rancho Santa Margarita. Perfectly positioned as a bright corner unit, this 2-bedroom home offers privacy, no stairs, and a private covered patio—your own peaceful retreat for morning coffee or evening relaxation. Inside, sunlight fills the open-concept living space, highlighting the seamless flow between the living room and kitchen. Down the hall, you’ll find two generous bedrooms and a tastefully remodeled bathroom featuring a modern walk-in shower. A convenient in-home laundry nook includes a newer washer and dryer for added ease. This home also has a newer A/C system, stylish laminate and tile flooring, recessed lighting, and a ceiling fan—all framed by a storybook white picket fence that adds to the home’s charm. Enjoy the convenience of nearby covered parking and community amenities just steps away, including a sparkling pool and relaxing spa. Residents also have access to Rancho Santa Margarita’s premier lifestyle perks— RSM Lake, pools, tennis courts, parks, the Beach Club Lagoon, and the RSM Splash Park. Close to top-rated schools, dining, shopping, and scenic lakefront trails, this move-in-ready gem blends comfort, style, and location—all with low HOA fees and low taxes. Welcome home to the best of RSM living.

Nearby schools

5/10
Cielo Vista Elementary School
Public,•K-6•0.4mi
7/10
Rancho Santa Margarita Intermediate School
Public,•7-8•0.3mi
8/10
Trabuco Hills High School
Public,•9-12•3.8mi

Price History

Date
Event
Price
11/24/25
Price Change
$489,999-3.0%
10/08/25
Listing
$505,000
Condition Rating
Good
This property, built in 1990, has undergone significant and recent updates that make it move-in ready. The description highlights a 'beautifully updated' home with a 'tastefully remodeled bathroom featuring a modern walk-in shower,' 'newer A/C system,' 'newer washer and dryer,' 'stylish laminate and tile flooring,' and 'recessed lighting.' While the kitchen features updated white cabinets and a stainless steel microwave, the white gas range and speckled laminate countertops appear to be older, preventing an 'Excellent' rating. However, the overall condition, particularly the updated flooring, bathroom, and major systems, indicates a well-maintained property with renovations likely completed within the last 5-15 years, aligning perfectly with a 'Good' condition score.
Pros & Cons

Pros

Exceptional Community Lifestyle: Residents gain access to Rancho Santa Margarita's premier amenities, including RSM Lake, multiple pools, tennis courts, parks, the Beach Club Lagoon, and the RSM Splash Park, offering unparalleled recreational opportunities.
Prime & Convenient Location: Strategically located in the heart of Rancho Santa Margarita, the property is close to top-rated schools (Elementary 5/10, Middle 7/10, High 8/10), diverse dining, shopping, and scenic lakefront trails.
Turnkey & Modern Interior: This beautifully updated single-level home features an open-concept living space, a tastefully remodeled bathroom with a modern walk-in shower, a newer A/C system, stylish laminate and tile flooring, recessed lighting, and includes a newer washer and dryer.
Enhanced Privacy & Natural Light: As a bright corner unit with no stairs, the property offers increased privacy and abundant natural light, complemented by a charming private covered patio for outdoor relaxation.
Cost-Effective Ownership: The property benefits from low HOA fees ($270/month) despite the extensive community amenities, coupled with low property taxes, contributing to more affordable homeownership.

Cons

Compact Living Space: With only 700 square feet and a single bathroom, the property offers limited living space, which may not accommodate larger households or those desiring more expansive rooms.
Condominium Limitations: As a condominium, it entails shared walls and potential restrictions from the Homeowners Association, which might not appeal to buyers seeking greater autonomy or a detached single-family home experience.
No Dedicated Private Yard: While it boasts a private covered patio, the absence of a larger, private yard might be a drawback for buyers desiring more extensive outdoor space or gardening opportunities.

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