49 Via Honrado, Rancho Santa Margarita, California 92688, Rancho Santa Margarita, 92688 - 1 bed, 1 bath
49 Via Honrado
Rancho Santa Margarita, California 92688
Property Price
SUMMARY
Analysis of 49 Via Honrado, Rancho Santa Margarita, California 92688 is currently available with a list price of $465,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. 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 move-in ready.
The property is move-in ready with significant interior updates including granite countertops, stainless steel appliances, and a mix of wood and travertine flooring. While the original construction is from 1986, the kitchen and bathroom have been modernized, and the home features fresh paint and newer appliances, meeting the criteria for a well-maintained, updated home.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Location
Situated in the heart of Rancho Santa Margarita, the property is directly across from the lake and beach club, offering residents premier access to local recreation.
- Modern Interior Upgrades
The home features high-end finishes including wood and travertine flooring, granite countertops, and stainless steel appliances, providing a contemporary, move-in-ready feel.
- Single-Level Accessibility
As a lower-level unit with no stairs, this condo offers excellent accessibility and convenience for buyers prioritizing ease of entry.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 700, other record living area = 642.
- High Association Fees
The monthly HOA fee of $497 is relatively high for a one-bedroom unit, which may impact the debt-to-income ratio for some prospective buyers.
- Limited Square Footage
At 700 square feet, the compact living space may be a constraint for those requiring extra storage or a dedicated home office area.
About 49 Via Honrado
Welcome home to this cozy and cute condo in the heart of Rancho Santa Margarita, located within the Mission Courts development and across from the stunning lake and beach club. Enter through a beautiful gated patio that offers a spacious area to relax with privacy and tranquility. Interior upgrades include elegant wood flooring in the living room, dining room & bedroom and travertine flooring in the kitchen & bathroom. The updated kitchen features stainless steel appliances, granite counter tops, recessed lighting and plenty of cabinet storage space. Freshly painted throughout. The home is a lower unit with no stairs. Includes a one car detached garage & newer washer, dryer & fridge! Conveniently located nearby to lots of awesome shops & restaurants!
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1986
- Lot Size
- 28,554 Sq. Ft.
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $497.0 / Month
Neighborhood Insights
Rancho Santa Margarita Unified Schools
Cielo Vista Elementary School
Grades K-6 • 0.3 mi
Rancho Santa Margarita Intermediate School
Grades 7-8 • 0.4 mi
Trabuco Hills High School
Grades 9-12 • 4.0 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 23% |
| Baths | 1.0 | 2.0 | 30% |
| Square foot | 700 | 1,010 | 23% |
| Lot Size | 28,554 | 14,925 | 62% |
| Price | $465.0K | $650.0K | 11% |
| Price per sq ft | $664 | $664 | 50% |
| Built year | 1986 | 1990 | 13% |
| HOA | $497.0 | $452 | 76% |
| Days on market | 25 | 179 | 3% |
Pricing History
Listed for Sale
Feb 11, 2026
$465,000
Initial Listing
Sold
Mar 19, 2013
$220,000
Public Record
Sold
Sep 11, 2012
$138,000
Public Record
Sold
Jun 24, 2005
$275,000
Public Record