
Rancho Santa Margarita, California 92688
This Turnkey Ground-Level Condominium is listed at $465,000, representing a stable acquisition aligned with its $452,831 Fair Market Value. Boasting a Condition Rating of 3, the residence features high-end upgrades including granite countertops, stainless steel appliances, and a sophisticated mix of wood and travertine flooring. The single-story layout offers a private gated patio and immediate proximity to the Rancho Santa Margarita lake and beach club. Served by the Saddleback Valley Unified district, this home is an ideal sanctuary for first-time buyers or Owner-Occupants prioritizing a move-in-ready lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 49 Via Honrado Subject | $448,999* List Price | 1 | 1 | 700 | $634 | - |
A 3 Via Pariente Sold | $549,000 | 2 | 2 | 832 | $660 | 0.0 mi |
B 21 Silktassel Sold | $485,000 | 1 | 1 | 742 | $654 | 0.4 mi |
C 27 Castano Sold | $430,000 | 1 | 1 | 692 | $621 | 0.7 mi |
D 74 Flor De Sol 53 Sold | $488,000 | 2 | 2 | 800 | $610 | 0.2 mi |
E 29 Celosia Sold | $535,000 | 1 | 1 | 804 | $665 | 0.6 mi |
F 34 Via Esperanza Sold | $399,000 | 1 | 1 | 781 | $511 | 0.0 mi |
G 23 Via Honrado Active | $499,999 List Price | 1 | 1 | 700 | $714 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
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.
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.
The home features high-end finishes including wood and travertine flooring, granite countertops, and stainless steel appliances, providing a contemporary, move-in-ready feel.
As a lower-level unit with no stairs, this condo offers excellent accessibility and convenience for buyers prioritizing ease of entry.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 700, other record living area = 642.
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.
At 700 square feet, the compact living space may be a constraint for those requiring extra storage or a dedicated home office area.
SELLER WILL ALLOW BUYER TO ASSUME THEIR EXISTING 2.25% INTEREST RATE! SELLER IS MOTIVATED! The buyer does NOT have to be a Veteran to take advantage of this amazing VA assumable loan opportunity!! Welcome home to resort-style living in the heart of Rancho Santa Margarita! Nestled within the highly desirable Mission Courts community and just steps from the breathtaking lake and Beach Club, this charming lower level condo blends comfort, style, and convenience into one incredible opportunity. Step through the private gated patio - your own peaceful outdoor retreat perfect for morning coffee, evening wine, or simply relaxing in tranquility. Inside, you'll find tasteful upgrades throughout, including rich wood flooring in the living & bedroom areas, elegant travertine flooring in the kitchen & bath, and fresh paint that gives the home a bright, move-in ready feel. The beautifully updated kitchen is designed to impress with granite counter tops, stainless steel appliances, recessed lighting and abundant cabinet space for all of your storage needs. The spacious floor-plan offers easy single-level living with no stairs, making everyday life effortless and comfortable. Additional highlights include a detached one-car garage plus newer washer, dryer & refrigerator - all included! Enjoy being moments away from scenic walking trails, shopping, dining, entertainment and the incredible amenities that make Rancho Santa Margarita one of the most sought-after communities. Whether you're looking for a first home, downsizing, or searching for the perfect investment, this cozy lakeside gem offers the lifestyle you've been waiting for.
No exterior & parking available.
Grades K-6 • 0.3 mi
Grades 7-8 • 0.4 mi
Grades 9-12 • 4.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 17% |
| Baths | 1.0 | 2.0 | 25% |
| Square foot | 700 | 1,027 | 16% |
| Lot Size | 28,554 | 25,194 | 57% |
| Price | $449.0K | $685.0K | 10% |
| Price per sq ft | $641 | $649 | 48% |
| Built year | 1986 | 1990 | 12% |
| HOA | $497.0 | $430 | 70% |
| Days on market | 116 | 145 | 33% |
May 15, 2026
$448,999
$449,000
+0% Price Increase
Initial Listing
Apr 16, 2026
$449,000
$465,000
-3% Price Drop
Initial Listing
Feb 11, 2026
$465,000
Initial Listing
Mar 19, 2013
$220,000
Public Record
Sep 11, 2012
$138,000
Public Record
Jun 24, 2005
$275,000
Public Record