54 Gavilan 1, Rancho Santa Margarita, California 92688, Rancho Santa Margarita, 92688 - 2 bed, 1 bath
ACTIVE$489,000
54 Gavilan 1, Rancho Santa Margarita, California 92688
2Beds
1Bath
618Sqft
61,046Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Corner Unit Advantage: As a rare corner unit, the condo offers enhanced privacy, abundant natural light, and a bright, open layout, which are premium features for condominium living.
Top Cons:
Compact Living Space: At 618 sqft, the property offers a relatively small footprint for a two-bedroom unit, which may limit appeal for buyers desiring more expansive living areas.
Compared to the nearby listings
Price:$489.0K vs avg $651.0K ($-162,000)16%
Size:618 sqft vs avg 1,017 sqft9%
Price/sqft:$791 vs avg $66592%
More Insights
Built in 1987 (38 years old).
Condition: Despite being built in 1987, this condo has undergone extensive and recent renovations, particularly in the kitchen and bathroom. The kitchen features modern dark cabinetry, white solid-surface countertops, stainless steel appliances, and recessed lighting, all appearing virtually new. The bathroom boasts a matching modern vanity, updated fixtures, and lighting. New wood-look laminate flooring extends throughout the unit, complemented by fresh paint and updated trim. The property is truly move-in ready with current quality standards, reflecting a renovation likely completed within the last 5 years.
Year Built
1987
Close
-
List price
$489K
Original List price
$499K
Price/Sqft
$791
HOA
$480
Days on market
-
Sold On
-
MLS number
PW25191914
Home ConditionExcellent
Features
View-
About this home
Rare corner-unit two bedroom one bathroom condo offering extra privacy, natural light, and a bright open layout. Updated kitchen and bathroom finishes, fresh interior touches, and move-in ready condition. Smart floorplan with comfortable bedroom sizes and efficient use of space. In-unit laundry, assigned parking, and low HOA. Excellent walkability with lake access, Beach Club facilities, parks, trails, shopping and dining nearby. A turnkey home offering convenience, comfort, and strong value in a highly desirable lakeside neighborhood.
Condition Rating
Excellent
Despite being built in 1987, this condo has undergone extensive and recent renovations, particularly in the kitchen and bathroom. The kitchen features modern dark cabinetry, white solid-surface countertops, stainless steel appliances, and recessed lighting, all appearing virtually new. The bathroom boasts a matching modern vanity, updated fixtures, and lighting. New wood-look laminate flooring extends throughout the unit, complemented by fresh paint and updated trim. The property is truly move-in ready with current quality standards, reflecting a renovation likely completed within the last 5 years.
Pros & Cons
Pros
Corner Unit Advantage: As a rare corner unit, the condo offers enhanced privacy, abundant natural light, and a bright, open layout, which are premium features for condominium living.
Turnkey Condition: The property is move-in ready with updated kitchen and bathroom finishes and fresh interior touches, significantly reducing immediate buyer expenses and effort.
Exceptional Community Amenities & Walkability: Boasts excellent walkability with direct access to lake facilities, Beach Club, parks, trails, shopping, and dining, fostering a highly desirable lifestyle.
Efficient & Functional Layout: Features a smart floorplan with comfortable bedroom sizes and efficient use of space, maximizing the utility and comfort within its footprint.
Convenient In-Unit Features: Includes highly sought-after conveniences such as in-unit laundry and assigned parking, adding significant value and ease to daily living.
Cons
Compact Living Space: At 618 sqft, the property offers a relatively small footprint for a two-bedroom unit, which may limit appeal for buyers desiring more expansive living areas.
Limited Bathroom Count: The presence of only one bathroom for a two-bedroom unit could be a practical limitation for multiple occupants or when entertaining guests.
Absence of Views: The property explicitly lacks any notable views, which might be a disadvantage for buyers prioritizing scenic outlooks, particularly in a desirable lakeside neighborhood.