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5 San Sebastian, Rancho Santa Margarita, California 92688, Rancho Santa Margarita, 92688 - 3 bed, 3 bath

5 San Sebastian, Rancho Santa Margarita, California 92688 home-pic-0
ACTIVE UNDER CONTRACT$1,249,000
5 San Sebastian, Rancho Santa Margarita, California 92688
3Beds
3Baths
1,600Sqft
9,800Lot

Price Vs. Estimate

The estimated value ($1,249,000) is $0 (0%) lower than the list price ($1,249,000). This property may be overpriced.

Key pros and cons

Top Pros:
Large Lot Size: The property boasts a nearly 10,000 sq ft lot, offering ample space for various outdoor activities and potential additions like a pool or playset.
Top Cons:
Price Reduction: The property has experienced a recent price reduction, which may indicate challenges in attracting buyers at the original price point.

Compared to the nearby listings

Price:$1.25M vs avg $1.23M (+$24,000)52%
Size:1,600 sqft vs avg 1,977 sqft22%
Price/sqft:$781 vs avg $63791%

More Insights

Built in 1990 (35 years old).
Condition: The property was built in 1990, but the listing mentions a remodeled kitchen with quartz counters and updated HVAC and water heater. The images show a modern kitchen and well-maintained interior. The bathrooms appear functional, though the style is not as updated as the kitchen. Overall, the property appears to be in good condition and move-in ready.
Year Built
1990
Close
-
List price
$1.25M
Original List price
$1.28M
Price/Sqft
$781
HOA
$87
Days on market
-
Sold On
-
MLS number
OC25108878
Home ConditionGood
Features
Good View: Neighborhood
Patio
ViewNeighborhood

About this home

With nearly 10,000 sq ft of land, your BIG BACKYARD DREAMS — pool, playset or party-central — can finally take off! Leading the charge on the inside, the REMODELLED quartz-counter KITCHEN makes everyday cooking feel a little more gourmet. The Cozy Family room is just the spot for movies, play or winding down after a long day while the BRIGHT & SPACIOUS cathedral-ceilinged Living & Dining rooms elevate your entertaining game. Upstairs, the ROOMY Primary SUITE features a walk-in closet & private bathroom, while the 2 additional bedrooms share their own full bath. This well-rounded winner has UPDATED HVAC, Water-Heater & more swag that will impress. This popular Arroyo Oaks neighborhood features wide streets & neighborhood park with play area, association pool/spa & large, grassy outdoor activity area from which you can enjoy the 4th of July fireworks over Rancho Santa Margarita Lake. Low taxes & HOA fees + TOP-RATED Capistrano school district; Tesoro HS, Arroyo Vista ES & MS + privates too incl. SMCHS. Easy access to toll road & I-5, shopping, dining, entertainment & outdoor activities. This small & MIGHTY FINE home is ready to impress, ‘cause it’s got the goods where they​​‌​​​​‌​​‌‌​​‌​​​‌‌​​​‌​​‌‌​​‌‌​​‌‌​​​​ matter!

Nearby schools

7/10
Arroyo Vista Elementary School
Public,•K-5•1.5mi
7/10
Castille Elementary School
Public,•K-5•2.8mi
9/10
Arroyo Vista Middle School
Public,•6-8•1.5mi
7/10
Newhart Middle School
Public,•6-8•3.3mi
8/10
Carl Hankey Middle School
Public,•6-8•5.3mi
7/10
Capistrano Valley High School
Public,•9-12•7.5mi
Condition Rating
Good
The property was built in 1990, but the listing mentions a remodeled kitchen with quartz counters and updated HVAC and water heater. The images show a modern kitchen and well-maintained interior. The bathrooms appear functional, though the style is not as updated as the kitchen. Overall, the property appears to be in good condition and move-in ready.
Pros & Cons

Pros

Large Lot Size: The property boasts a nearly 10,000 sq ft lot, offering ample space for various outdoor activities and potential additions like a pool or playset.
Remodeled Kitchen: The kitchen has been remodeled with quartz countertops, providing a modern and functional space for cooking and entertaining.
Updated Systems: The property features updated HVAC and water heater systems, reducing the likelihood of near-term maintenance expenses.
Excellent School District: Located within the top-rated Capistrano Unified School District, including Tesoro HS, Arroyo Vista ES & MS, and proximity to private schools like SMCHS, making it attractive to families.
Community Amenities: The Arroyo Oaks neighborhood offers a community park with a play area, association pool/spa, and a large grassy outdoor activity area, enhancing the lifestyle for residents.

Cons

Price Reduction: The property has experienced a recent price reduction, which may indicate challenges in attracting buyers at the original price point.
Active Under Contract: The property is currently listed as 'Active Under Contract', suggesting a pending sale that could potentially fall through, creating uncertainty for prospective buyers.
1990 Build Year: Built in 1990, the property may require updates or renovations to appeal to buyers seeking more modern features and amenities.

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