55 Via Cresta, Rancho Santa Margarita, California 92688, Rancho Santa Margarita, 92688 - 1 bed, 1 bath
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Rancho Santa Margarita, California 92688
This Turnkey Condominium is a Strong Value Opportunity, listed at $485,000—positioned well above the $446,052 Fair Market Value by 8%. While priced at a premium, the property features an Excellent Condition Rating with a brand new kitchen, updated bathroom, and new flooring. Located in the desirable Las Flores community, residents enjoy resort-style amenities including a pool, spa, and hiking trails. With proximity to top-rated schools like Trabuco Hills High, this home is an ideal sanctuary for first-time buyers or professionals seeking a move-in ready lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 55 Via Cresta Subject | $485,000* List Price | 1 | 1 | 547 | $815 | - |
A 55 Via Cresta Sold | $380,000 | 1 | 1 | 547 | $695 | 0.0 mi |
B 59 Gaviota 158 Sold | $530,000 | 2 | 1 | 648 | $818 | 0.5 mi |
C 4 Pica Flor Sold | $405,000 | 1 | 1 | 510 | $794 | 0.4 mi |
D 31 Gaviota 136 Sold | $405,000 | 1 | 1 | 510 | $794 | 0.5 mi |
E 65 Via Cordoba Sold | $525,000 | 1 | 1 | 709 | $740 | 0.2 mi |
F 73 Gaviota Sold | $505,000 | 2 | 1 | 618 | $817 | 0.5 mi |
G 23 Via Prado Pending | $399,900 List Price | 1 | 1 | 547 | $731 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1989, the property has undergone a comprehensive recent renovation (less than 5 years) featuring a brand new kitchen with modern appliances, a fully updated bathroom, new flooring, and new windows. It is in mint, move-in ready condition.
The property is in turnkey condition featuring a brand new kitchen with new appliances, a fully updated bathroom, new flooring, and fresh interior paint, offering a move-in ready experience.
The installation of brand new windows and recessed lighting throughout the unit enhances natural light and modernizes the aesthetic while potentially improving energy efficiency.
Located in the desirable La Flores community, residents have access to resort-style amenities including a pool, spa, and hiking trails, with excellent proximity to the 241 Toll Road.
At only 547 square feet, the compact footprint may be restrictive for buyers requiring more storage or space for larger furniture pieces.
The unit comes with only one assigned carport space, which could present a challenge for multi-vehicle households or guest parking within the complex.
Welcome to Las Flores! This beautifully renovated condo is move-in ready and packed with modern upgrades throughout. No detail was overlooked, featuring a brand new kitchen with new appliances, a fully updated bathroom, new flooring, recessed lighting, and new windows with brand new blinds that flood the space with natural light. Fresh interior paint gives the home a clean, bright feel from the moment you walk in.Enjoy the convenience of an indoor washer and dryer, plus a charming front patio with a storage closet, perfect for outdoor relaxation or extra storage. The unit includes one assigned carport space (#141). Located in the highly desirable La Flores community, residents enjoy resort-style amenities including a pool, spa, scenic hiking trails, and a playground. With easy access to the 241 Toll Road, commuting and getting around South Orange County has never been easier.
No exterior & parking available.
Grades K-6 • 0.3 mi
Grades 7-8 • 0.2 mi
Grades 9-12 • 3.8 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 | 547 | 1,027 | 6% |
| Lot Size | 72,008 | 25,194 | 81% |
| Price | $485.0K | $685.0K | 16% |
| Price per sq ft | $887 | $653 | 97% |
| Built year | 1989 | 1990 | 45% |
| HOA | $324.0 | $422 | 26% |
| Days on market | 0 | 144 | 3% |
May 9, 2026
$485,000
Initial Listing
Jan 27, 2026
$380,000
Public Record
Jan 19, 2023
$382,000
Public Record
Dec 30, 2020
$313,000
Public Record
Mar 16, 2004
$245,000
Public Record