46 Celosia, Rancho Santa Margarita, California 92688, Rancho Santa Margarita, 92688 - 2 bed, 2 bath
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Rancho Santa Margarita, California 92688
This Single-Level Lakeside Sanctuary is listed at $665,000, representing a stable and fair acquisition at its $665,000 Fair Market Value. Boasting an exceptional Condition Rating of 2, the interior features a 2022 renovated kitchen and a private patio offering serene lake and wood views. The rare dual-garage configuration provides superior storage, while the location within the Saddleback Valley Unified District near Trabuco Hills High ensures long-term desirability. This turnkey residence is an ideal match for first-time buyers or Owner-Occupants seeking a polished, move-in-ready home.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 46 Celosia Subject | $665,000* List Price | 2 | 2 | 975 | $682 | - |
A 29 Celosia Sold | $535,000 | 1 | 1 | 804 | $665 | 0.0 mi |
B 31 Brisa Del Lago Sold | $705,000 | 2 | 1 | 869 | $811 | 0.3 mi |
C 9 Violado Sold | $685,000 | 2 | 2 | 1,049 | $653 | 0.8 mi |
D 16 Islay 54 Sold | $650,000 | 2 | 3 | 926 | $702 | 0.4 mi |
E 47 Via Lavendera Sold | $695,000 | 2 | 2 | 1,010 | $688 | 0.3 mi |
F 42 Picazo 29 Sold | $515,000 | 2 | 2 | 773 | $666 | 0.6 mi |
G 2 Vista Cielo Active | $679,000 List Price | 2 | 2 | 972 | $699 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While built in 1988, the property features a comprehensive 2022 kitchen renovation (<5 years old) with modern shaker cabinetry, quartz counters, and stainless steel appliances. The bathrooms have been similarly updated with contemporary vanities and fixtures, and the flooring is modern throughout, placing it in the top tier for condition.
Situated directly across from Rancho Santa Margarita Lake, this end-unit offers desirable lake and wood views with immediate access to premium outdoor recreation, shopping, and dining.
The rare single-level floor plan provides excellent accessibility and privacy, featuring a newly upgraded kitchen (2022), interior laundry, and a large private patio perfect for entertaining.
This property includes two garages—one with direct access to the home and one detached—offering a significant convenience and storage advantage over typical condominium listings.
The property has undergone three consecutive price reductions since its initial listing, suggesting initial overpricing or difficulty in capturing buyer interest in the current market climate.
At 975 square feet for a two-bedroom, two-bath residence, the interior dimensions are relatively modest, which may limit appeal for buyers prioritizing spaciousness.
Welcome to your own private, SINGLE-LEVEL, oasis in the lakeside community of Brisa Del Lago II in Ranch Santa Margarita! This floorplan is a single-level, end-unit condo directly across the street from beautiful Rancho Santa Margarita Lake with direct access to one of your 2-GARAGES! You'll love this 2 bedrooms & 2 full bath home; 2nd bedroom has double door entry! The Living room features a beautiful fireplace and French door leading to your spacious patio. There is a separate dining room and a newly upgraded (2022) kitchen with breakfast bar. The home features interior laundry - washer/dryer is included. The large primary bedroom has an en-suite bathroom with dual sinks, two closets, a ceiling fan and French doors leading to the spacious patio! This large, private, patio is perfect for your summer BBQ or just relaxing after a long day. You'll enjoy 2 garages, 1-direct access to the home and 1-detached-#15 (super close!!) + a few guest parking spots near the home! (Note: Trash is included in HOA dues.) Located just moments from Rancho Santa Margarita Lake, Trabuco Mesa Park, Monte Vista Park, and O’Neill Regional Park—with year-round events, shopping, dining, and entertainment nearby—this home offers the perfect blend of comfort, style, and convenience.
No exterior & parking available.
Grades PK-6 • 0.4 mi
Grades 7-8 • 0.7 mi
Grades 9-12 • 3.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 975 | 1,010 | 48% |
| Lot Size | 13,056 | 17,755 | 47% |
| Price | $665.0K | $650.0K | 53% |
| Price per sq ft | $682 | $656 | 68% |
| Built year | 1988 | 1990 | 23% |
| HOA | $91.0 | $452 | 4% |
| Days on market | 76 | 170 | 15% |
Mar 28, 2026
$665,000
$675,000
-1% Price Drop
Initial Listing
Mar 4, 2026
$675,000
$688,888
-2% Price Drop
Initial Listing
Feb 12, 2026
$688,888
$700,000
-2% Price Drop
Initial Listing
Feb 5, 2026
$700,000
Initial Listing
Aug 14, 2019
$428,000
Public Record
Sep 14, 2012
$240,000
Public Record
Jan 22, 2009
$289,000
Public Record
Jul 1, 2005
$405,000
Public Record
Jan 14, 2003
$245,000
Public Record