46 Dianthus, Rancho Santa Margarita, California 92688, Rancho Santa Margarita, 92688 - 2 bed, 2 bath
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Rancho Santa Margarita, California 92688
This Turnkey Condominium is a Strong Value Opportunity, listed at $639,500—positioned well below the $667,990 Fair Market Value by 4%. This valuation gap offers $28,490 in Instant Equity for the buyer. Featuring a 2022 Remodeled Kitchen, New HVAC System, and Mountain Views, the property holds an Excellent Condition Rating. Located near the scenic RSM Lake and top-rated schools like Trabuco Hills High, this home is an ideal sanctuary for first-time buyers or lifestyle-focused professionals seeking a move-in ready residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 46 Dianthus Subject | $639,500* List Price | 2 | 2 | 1,000 | $668 | - |
A 2 Vista Cielo Sold | $670,000 | 2 | 2 | 972 | $689 | 0.2 mi |
B 29 Celosia Sold | $535,000 | 1 | 1 | 804 | $665 | 0.0 mi |
C 9 Violado Sold | $685,000 | 2 | 2 | 1,049 | $653 | 0.7 mi |
D 31 Brisa Del Lago Sold | $705,000 | 2 | 1 | 869 | $811 | 0.3 mi |
E 27 Via Lavendera Sold | $660,000 | 2 | 2 | 1,025 | $644 | 0.3 mi |
F 42 Picazo 29 Sold | $515,000 | 2 | 2 | 773 | $666 | 0.6 mi |
G 46 Celosia Active | $655,000 List Price | 2 | 2 | 975 | $672 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property underwent a comprehensive renovation in 2022, including a fully remodeled kitchen with granite countertops and new appliances. All major systems—including the HVAC, furnace, and water heater—were replaced in 2022. With a renovation less than 5 years old and modern finishes like vinyl plank flooring throughout, the home is in mint, move-in-ready condition.
The property features a fully remodeled kitchen with granite counters and brand-new essential systems, including a new HVAC, furnace, and water heater installed in 2022.
Situated steps from Rancho Santa Margarita Lake, residents enjoy exclusive access to the Beach Club, multiple community pools, and the scenic trails of O’Neill Regional Park.
Cathedral ceilings and an abundance of natural light create an airy atmosphere, complemented by magnificent views of the Saddleback Mountains and the community pool.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1000, other record living area = 922.
The $500 monthly association fee represents a significant recurring carrying cost that may impact the purchasing power of budget-conscious buyers.
With only 1,000 square feet of living space, the unit's compact footprint may feel restrictive for those requiring larger common areas or additional storage.
Resort-Style Living in Rancho Santa Margarita! Contemporary TURN KEY Condominium Up-dated in 2022 Located just steps from RSM Lake! Home blends modern comfort with the Natural Beauty of one of RSM’s most scenic areas offering Magnificent Views of the local Saddleback Mountains and Surrounding Area. No-one on top and no-one under this Inviting living space features a cozy stacked stone fireplace, cathedral ceilings with recessed lighting and an abundance of natural light creating a warm and open atmosphere. Dining area has views of the community pool and can accommodated a large table for gatherings. Kitchen was completely remodeled in 2022- Includes white cabinetry with large wall pantry, dramatic black granite counters with stylish tiled back-splash extending to the ceiling, new appliances purchased in 2022 and a convenient breakfast bar for casual counter meals. This two bedroom, two bathroom property offers generous size rooms and in-unit laundry tucked away in a hall closet. Primary Bedroom has gorgeous views of the community pool, En-suite bath including dual vanity black granite counters and newer fixtures, bathtub with shower, and spacious walk-in closet. Secondary Bedroom is also a generous size with tall ceilings, newer closet organizing system, and views of the community pool. Flooring is neutral vinyl planks throughout most of the living area with neutral carpet in bedrooms and neutral tile in bathrooms. Custom shutters and shades in main living areas. Newer Amana HVAC System was installed in 2022 including New Furnace, New Air Conditioning and Water heater. Outdoor deck is the perfect entertaining space for BBQs and private alfresco dining. Single car garage is directly across from the unit #65 and second covered parking space is also close. Residents of Rancho Santa Margarita enjoy exclusive access to the beautiful RSM Lake and Beach Club, as well as thirteen parks, multiple community pools, playgrounds, and various sports courts. For outdoor enthusiasts, miles of hiking and biking trails are right at your fingertips, with scenic O’Neill Regional Park just at your back door. Top-rated public and private schools are nearby, endless shopping and dining options and great local hospitals and medical services. This home offers the ultimate combination of comfort, convenience and community. Welcome Home!
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 | 1,000 | 1,027 | 45% |
| Lot Size | 17,040 | 25,194 | 36% |
| Price | $639.5K | $685.0K | 39% |
| Price per sq ft | $640 | $644 | 48% |
| Built year | 1989 | 1990 | 45% |
| HOA | $500.0 | $445 | 74% |
| Days on market | 46 | 150 | 4% |
Apr 29, 2026
$639,500
Initial Listing
Dec 21, 2018
$375,000
Public Record
Jan 13, 2005
$325,000
Public Record
Sep 20, 2002
$225,000
Public Record
Oct 30, 1998
$117,500
Public Record
Dec 20, 1996
$80,000
Public Record