
Rancho Santa Margarita, California 92688
This Turnkey Townhouse represents a Strong Value Opportunity, listed at $849,800—positioned well below the $861,522 Fair Market Value by 1.36%. This valuation gap offers $11,722 in Instant Equity for the buyer. Featuring a Condition Rating of 3, the home includes a recently updated A/C system, granite countertops, and 10-foot ceilings. Located in the Saddleback Valley Unified district near top-rated schools, this property is an ideal sanctuary for Owner-Occupants or first-time buyers seeking a move-in ready lifestyle.
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 | $575 | - |
A 79 Tierra Montanosa Sold | $825,000 | 3 | 3 | 1,551 | $532 | 0.8 mi |
B 43 Tierra Seguro Sold | $920,000 | 3 | 3 | 1,427 | $645 | 0.7 mi |
C 46 Tierra Montanosa Sold | $790,000 | 2 | 3 | 1,241 | $637 | 0.8 mi |
D 116 Mira Mesa Active | $854,900 List Price | 2 | 3 | 1,514 | $565 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1992 (32 years old), the property is exceptionally well-maintained and move-in ready. While the age technically falls into an older bracket, the home features a recently updated HVAC system, fresh interior paint, and granite countertops. The kitchen and bathrooms, though featuring original cabinetry styles, are functional and clean with no visible maintenance needs or structural defects.
As a desirable end-unit, this home offers increased privacy and natural light, complemented by 10-foot main-level ceilings and vaulted ceilings in the primary suite that create a spacious, airy feel.
Residents enjoy premium lifestyle perks including access to the Lago Santa Margarita Beach Club, tennis and pickleball courts, and proximity to top-rated Melinda Heights Elementary.
The property is move-in ready with high-quality finishes like granite countertops, crown molding, and a recently updated A/C system, reducing immediate post-purchase capital expenditures.
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 monthly HOA fee of $677 is significant and may impact the overall debt-to-income ratio and monthly affordability for budget-conscious buyers.
At 1,499 square feet for a three-bedroom, three-bathroom configuration, the room sizes may feel somewhat constrained for larger families or those requiring substantial storage.
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 |
|---|---|---|
| Beds | 3.0 | 2.6 |
| Baths | 3.0 | 3.0 |
| Square foot | 1,499 | 1,455.6 |
| Lot Size | 25,353 | 25,497.667 |
| Price | $849.8K | $866.2K |
| Price per sq ft | $567 | $604 |
| Built year | 1992 | 1990 |
| HOA | $677.0 | $512 |
| Days on market | 8 | 63 |
Sep 1, 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