
Rancho Santa Margarita, California 92688
This Detached Residence is a Strong Value Opportunity, listed at $890,000—positioned well above the $808,981 Fair Market Value by 10%. While priced at a premium, the property maintains a Good Condition Rating and offers a rare, detached lifestyle with no shared walls. Featuring smart-home upgrades, a private backyard with mountain views, and proximity to Top-Rated Schools like Melinda Heights Elementary, this home provides significant lifestyle utility. It is an ideal acquisition for Owner-Occupants or first-time buyers seeking a turnkey, tech-forward sanctuary in Rancho Santa Margarita.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 54 Paseo Viento Subject 2 bd · 3 ba · 1,256 sqft · $619 | $840,000* List Price | 2 | 3 | 1,256 | $619 | - |
A 48 Tierra Seguro Sold 2 bd · 2 ba · 1,169 sqft · $589 · 0.2 mi | $689,000 | 2 | 2 | 1,169 | $589 | 0.2 mi |
B 91 Tierra Plano Sold 2 bd · 2 ba · 1,100 sqft · $638 · 0.2 mi | $702,000 | 2 | 2 | 1,100 | $638 | 0.2 mi |
C 23 Paseo Estrellas Sold 2 bd · 3 ba · 1,231 sqft · $585 · 0.7 mi | $720,000 | 2 | 3 | 1,231 | $585 | 0.7 mi |
D 59 Camino Del Oro Sold 2 bd · 2 ba · 1,110 sqft · $596 · 0.8 mi | $661,120 | 2 | 2 | 1,110 | $596 | 0.8 mi |
E 61 Tierra Montanosa Active 2 bd · 2 ba · 1,164 sqft · $644 · 0.2 mi | $750,000 List Price | 2 | 2 | 1,164 | $644 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1997, this home is well-maintained and move-in ready. While the kitchen cabinetry appears dated to the original construction, the property features significant recent upgrades including wood flooring throughout, stainless steel appliances, dual-pane windows, and modern systems like an EV charging outlet and smart home technology, placing it firmly in the Good category.
Rare detached residence with no shared walls offered at a competitive price point under $900,000, providing the privacy and feel of a single-family home.
Extensively updated with modern technology including a 220V EV charging outlet, smart thermostat, and dual-pane tinted windows for enhanced energy efficiency.
Situated in the desirable Melinda Heights neighborhood with no rear neighbors, offering mountain views and access to extensive community pools, parks, and top-rated schools.
With only two dedicated bedrooms plus a loft, the layout may not accommodate larger families or those requiring multiple private guest rooms.
At 1,256 square feet, the living space is relatively small for a detached property, which may feel restrictive for buyers seeking more expansive indoor areas.
DETACHED CONDOMINIUM *** Unlike an attached condominium, this detached residence may qualify for streamlined or waived condominium project review under certain conventional financing guidelines, including applicable Fannie Mae/Freddie Mac requirements. Buyer and buyer’s lender to independently verify financing and project eligibility ***. Offering the privacy, comfort, and feel of a single-family residence with no shared living walls, this inviting two-story home features 2 spacious bedrooms, 2.5 bathrooms, a versatile upstairs loft ideal for a home office or study, an attached 2-car garage with 2 car driveway, and a generously sized private backyard with no rear neighbors. Step inside to a light-filled, open-concept floor plan designed for comfortable everyday living and effortless entertaining. The well-appointed kitchen offers attractive cabinetry, quality appliances, a pantry, and a window overlooking the backyard, while the adjoining dining area flows seamlessly to the outdoor patio, creating the indoor-outdoor lifestyle Southern California is famous for. A convenient powder room completes the main level. Thoughtfully updated for today’s homeowner, this move-in-ready residence showcases smart-home, comfort, and energy-efficient improvements, including an Ecobee® Wi-Fi smart thermostat with an upstairs comfort sensor, a smartphone-controlled Rain Bird® irrigation system, an LG ThinQ® smart washer & dryer on pedestals, 220V EV Charging Outlet, dual-pane tinted windows & Wood Flooring throughout, a new rain gutter with leaf guard over the patio, an outdoor shower, a custom dog door integrated into the sliding glass door, perfect for your four-legged family member. Enjoy low HOA dues while experiencing Rancho Sta Margarita's exceptional lifestyle, including access to four community pools, spa, tennis courts, pickleball courts, basketball courts, beautiful parks, miles of scenic hiking and biking trails, and the picturesque Lake & recreation area. Ideally located within the attendance area of highly regarded schools and just minutes from shopping, restaurants, entertainment, the 241 Toll Road, and countless outdoor recreation opportunities, this exceptional home offers the perfect blend of privacy, technology, comfort, and convenience. Wake up to bright mornings, spend your afternoons enjoying the nearby trails, parks, pools, or RSM lake. Homes offering this combination of detached living, smart-home upgrades, a private backyard are a rare find
No exterior & parking available.
Grades K-6 • 0.4 mi
Grades 7-8 • 1.5 mi
Grades 9-12 • 2.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,256 | 1,056.017 |
| Lot Size | 37,713 | 26,968.576 |
| Price | $840.0K | $672.1K |
| Price per sq ft | $669 | $625 |
| Built year | 1997 | 1990 |
| HOA | $192.0 | $470 |
| Days on market | 87 | 54 |
Sep 23, 2026
$840,000
$869,900
-3% Price Drop
Initial Listing
Sep 1, 2026
$869,900
$890,000
-2% Price Drop
Initial Listing
Jul 30, 2026
$890,000
Initial Listing
Oct 1, 2002
$307,000
Public Record
Dec 12, 1997
$160,000
Public Record