5 Gaviota 130, Rancho Santa Margarita, California 92688, Rancho Santa Margarita, 92688 - 2 bed, 1 bath
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Rancho Santa Margarita, California 92688
Analysis of 5 Gaviota 130, Rancho Santa Margarita, California 92688 is currently available with a list price of $469,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. 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.
Property is moderate renovation needed.
The property was built in 1988 (36 years old) and appears to have mostly original or dated finishes. Visuals of the bathroom show an older vanity, dated light fixtures, and basic tile flooring that likely extends through the living areas. While functional and move-in ready, the unit requires cosmetic updates to the kitchen and bath to meet modern standards.
The property is ideally situated within walking distance to the plaza and offers exclusive lake access and pool views, providing a high-quality lifestyle in a desirable community.
The inclusion of two dedicated parking spaces is a significant advantage for a two-bedroom unit, offering convenience and added value in a high-density residential area.
Located within the prestigious Saddleback Valley Unified School District, this home is highly attractive to families and investors prioritizing access to quality education.
With only one bathroom serving two bedrooms, the layout may be less appealing to families or co-living arrangements compared to units offering a second bathroom.
At 882 square feet, the interior living area is relatively small for a two-bedroom residence, which may limit its appeal to buyers seeking more spacious accommodations.
Great Bottom Floor Condo! It has wonderful and spacious 2 Bedrooms 1 Bathroom. Convenient location, overlooking the swimming pool. It's located in desirable Rancho Santa Margarita with good schools. Community includes a main pool with spa and lake access as well, walking distance to the plaza. This property has 2 parking spaces. Easy to show.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 0% |
| Baths | - | - | 0% |
| Square foot | - | - | 0% |
| Lot Size | - | - | 0% |
| Price | - | - | 0% |
| Price per sq ft | - | - | 0% |
| Built year | 1988 | - | 0% |
| HOA | $399.0 | $0 | 0% |
| Days on market | - | - | 0% |
Apr 28, 2026
$469,000
Initial Listing
Oct 6, 2020
$330,000
Public Record
Jan 21, 2010
$164,000
Public Record
Jul 5, 1996
$73,000
Public Record
Feb 26, 1996
$118,542
Public Record