46 Celosia, Rancho Santa Margarita, California 92688, Rancho Santa Margarita, 92688 - 2 bed, 2 bath
46 Celosia
Rancho Santa Margarita, California 92688
Property Price
SUMMARY
Analysis of 46 Celosia, Rancho Santa Margarita, California 92688 is currently available with a list price of $675,000. 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.
The property has undergone an extensive recent renovation that brings it up to modern standards. The kitchen features updated grey shaker-style cabinetry, quartz countertops, a subway tile backsplash, and high-end stainless steel appliances. Both bathrooms have been modernized with new vanities, stone counters, and contemporary fixtures. The interior is finished with consistent wood-look flooring and updated lighting, making the home move-in ready with virtually no deferred maintenance despite its 1988 build year.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Lakeside Location
Situated directly across from Rancho Santa Margarita Lake, the property offers scenic lake and wood views with immediate access to premium outdoor recreation.
- Single-Level End-Unit
This rare single-story floor plan provides enhanced privacy and accessibility, featuring only one shared wall and no neighbors above or below.
- Superior Parking Configuration
The property includes two garages, one with direct access to the home, which is a significant and rare premium for condominium living.
CONSRISKS & DEFICIENCIES
- Limited Square Footage
At 975 square feet, the interior living space may feel restrictive for buyers requiring larger rooms or a dedicated home office.
- Detached Secondary Garage
While the inclusion of a second garage is a plus, its detached location (#15) may be less convenient for daily use or climate-controlled storage.
- 1980s Era Construction
Built in 1988, the property may require ongoing maintenance or further modernization of original infrastructure to meet the highest contemporary standards.
About 46 Celosia
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 two garages. You'll love this 2 bedrooms & 2 full bath home; 2nd bedroom has double door entry! The Living room features a fireplace and French door leading to your spacious patio. There is a separate dining room and an upgraded kitchen with breakfast bar and 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 with patio access! This large, private, patio is perfect for your summer BBQ or just relaxing after a long day. You'll find 2 garages, 1-direct access to the home and 1-detached-#15 + a few guest parking spots very close to the home! Note: Trash is included in HOA dues.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1988
- Lot Size
- 13,056 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $91.0 / Month
Neighborhood Insights
Rancho Santa Margarita Unified Schools
Trabuco Mesa Elementary School
Grades PK-6 • 0.4 mi
Rancho Santa Margarita Intermediate School
Grades 7-8 • 0.7 mi
Trabuco Hills High School
Grades 9-12 • 3.8 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| 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 | 14,597 | 49% |
| Price | $675.0K | $650.0K | 53% |
| Price per sq ft | $692 | $664 | 62% |
| Built year | 1988 | 1990 | 25% |
| HOA | $91.0 | $452 | 3% |
| Days on market | 30 | 178 | 4% |
Pricing History
Listed for Sale
Mar 4, 2026
$675,000
$688,888
-2% Price Drop
Initial Listing
Price Change
Feb 12, 2026
$688,888
$700,000
-2% Price Drop
Initial Listing
Price Change
Feb 5, 2026
$700,000
Initial Listing
Sold
Aug 14, 2019
$428,000
Public Record
Sold
Sep 14, 2012
$240,000
Public Record
Sold
Jan 22, 2009
$289,000
Public Record
Sold
Jul 1, 2005
$405,000
Public Record
Sold
Jan 14, 2003
$245,000
Public Record