47 Via Madera, Rancho Santa Margarita, California 92688, Rancho Santa Margarita, 92688 - 3 bed, 3 bath
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Rancho Santa Margarita, California 92688
This Move-In Ready Townhome is a Strong Value Opportunity, listed at $849,800—positioned well below the $870,362 Fair Market Value by 2%. This valuation gap offers $20,562 in Instant Equity. Featuring a Fair Condition Rating, the home includes a Granite Kitchen, 10-foot ceilings, and a Private Patio. Located in the Saddleback Valley Unified district near top-rated schools, it offers a balanced lifestyle. This is an ideal acquisition for Owner-Occupants or first-time buyers seeking long-term value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 47 Via Madera Subject | $849,800* List Price | 3 | 3 | 1,499 | $581 | - |
A 68 Tierra Montanosa Sold | $885,000 | 3 | 3 | 1,487 | $595 | 0.8 mi |
B 3 Camino Del Oro Sold | $650,000 | 2 | 2 | 1,110 | $586 | 0.1 mi |
C 40 Tierra Montanosa Active | $799,000 List Price | 2 | 2 | 1,164 | $686 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1992 (32 years old), the property falls into the 'Fair' category due to its age being over 20 years. While the home is well-maintained and move-in ready with a recently updated HVAC system and fresh interior paint, the kitchen and bathrooms are stylistically dated with older cabinetry and white appliances, requiring cosmetic updates to meet modern standards.
The property is ideally situated within walking distance of the highly-rated Melinda Heights Elementary School and Solano Park, making it a top choice for families.
This end-unit features desirable 10-foot ceilings, a recently updated A/C system, and fresh interior paint, providing a bright and move-in-ready atmosphere.
Residents benefit from premium access to the Lago Santa Margarita Beach Club, scenic hiking and biking trails, and various sports courts, enhancing the lifestyle value.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =25353, other record lot size in square feet = 1687.
The association fee of $567 per month is relatively high and may impact the overall affordability and debt-to-income ratio for some buyers.
As a condominium/townhome, the property offers less private yard space and exterior privacy compared to detached single-family homes in the same price bracket.
Beautiful end-unit townhome in the desirable Cabo Vista community of Rancho Santa Margarita, featuring an open floor plan with separate living, family, and dining areas designed for comfortable everyday living and entertaining. Interior highlights include granite countertops, a cozy fireplace, 10-foot ceilings on the main level, and a vaulted ceiling in the spacious primary bedroom. Thoughtful upgrades throughout include crown molding, custom window casings, an inside laundry room, fresh interior paint, and a recently updated A/C system. The home also offers a side-by-side 2-car attached garage. Ideally located within walking distance to Melinda Heights Elementary and Solano Park, and just minutes from Mission Viejo Lake. Enjoy access to Lago Santa Margarita Beach Club, scenic biking and hiking trails, pickleball and tennis courts, and the RSM Town Center with shopping and dining. Convenient Toll Road access makes commuting easy. An exceptional opportunity to own in one of Rancho Santa Margarita’s most sought-after communities.
No exterior & parking available.
Grades K-6 • 0.6 mi
Grades 7-8 • 2.0 mi
Grades 9-12 • 1.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 74% |
| Baths | 3.0 | 2.0 | 67% |
| Square foot | 1,499 | 1,032 | 88% |
| Lot Size | 25,353 | 25,353 | 50% |
| Price | $849.8K | $685.0K | 78% |
| Price per sq ft | $567 | $644 | 12% |
| Built year | 1992 | 1990 | 58% |
| HOA | $567.0 | $445 | 88% |
| Days on market | 0 | 150 | 4% |
May 18, 2026
$849,800
Initial Listing
Nov 19, 2009
$375,000
Public Record
Nov 21, 2000
$224,000
Public Record
Nov 25, 1998
$190,000
Public Record