
Rancho Santa Margarita, California 92688
This Turnkey Condominium is a Strong Value Opportunity, listed at $465,000—positioned well above the $441,152 Fair Market Value by 5%. While priced slightly above market, the property features a Mint Condition Rating following a comprehensive top-to-bottom renovation, including a remodeled kitchen and new flooring. Residents enjoy premium SAMLARC community amenities and proximity to top-rated schools like Trabuco Hills High. This move-in-ready residence offers a seamless lifestyle for first-time buyers or downsizing professionals seeking a modern, low-maintenance home in Rancho Santa Margarita.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 55 Via Cresta Subject 1 bd · 1 ba · 547 sqft · $805 | $465,000* List Price | 1 | 1 | 547 | $805 | - |
A 43 Via Cresta Sold 1 bd · 1 ba · 547 sqft · $713 · 0.0 mi | $390,000 | 1 | 1 | 547 | $713 | 0.0 mi |
B 23 Via Prado Sold 1 bd · 1 ba · 547 sqft · $667 · 0.0 mi | $365,000 | 1 | 1 | 547 | $667 | 0.0 mi |
C 19 Hemlock Sold 1 bd · 1 ba · 642 sqft · $623 · 0.6 mi | $400,000 | 1 | 1 | 642 | $623 | 0.6 mi |
D 46 Picazo Sold 2 bd · 1 ba · 618 sqft · $785 · 0.4 mi | $485,000 | 2 | 1 | 618 | $785 | 0.4 mi |
E 59 Gaviota 158 Sold 2 bd · 1 ba · 648 sqft · $818 · 0.5 mi | $530,000 | 2 | 1 | 648 | $818 | 0.5 mi |
F 23 Via Honrado Active 1 bd · 1 ba · 642 sqft · $623 · 0.5 mi | $400,000 List Price | 1 | 1 | 642 | $623 | 0.5 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 top-to-bottom renovation within the last 5 years. It features a fully remodeled kitchen with brand-new appliances, an updated bathroom, new flooring, recessed lighting, and new windows, placing it in mint, turnkey condition.
The unit is fully upgraded with a remodeled kitchen, new appliances, updated flooring, and new windows, offering a modern, move-in-ready experience.
Residents benefit from SAMLARC membership, providing access to four pools, the Beach Club & Lagoon, and various sports courts and trails.
The ground-floor location provides easy entry and a seamless transition to the private front patio, ideal for those seeking convenience.
With only 547 square feet of living space, the interior layout may feel restrictive for buyers requiring more room or storage.
The property includes only one assigned carport space, which may be a challenge for households with multiple vehicles or frequent guests.
Welcome to Las Flores! This beautifully renovated and fully upgraded ground-level condo offers a bright, modern, and inviting living experience with abundant natural light throughout. Thoughtfully updated from top to bottom, this move-in-ready home features beautiful upgraded flooring, a stunning remodeled kitchen with updated cabinetry and brand-new appliances, an updated bathroom, recessed lighting, new windows, new blinds, updated doors and hardware, and fresh interior paint. Every detail has been carefully considered to create a fresh, stylish, and comfortable home. The desirable ground-level location provides easy access and a seamless indoor-outdoor feel. Enjoy the convenience of an in-unit washer and dryer, plus a charming private front patio with an attached storage closet.The property also includes an assigned carport space, #141 Located in the desirable Las FloresIII community of Rancho Santa Margarita, residents enjoy the private community pool and spa, along with the exceptional recreational amenities available through SAMLARC membership. Residents have access to four Jr. Olympic-size swimming pools, tennis courts, pickleball courts, basketball facilities, parks and playgrounds, picnic areas, and an extensive network of hiking, walking, and biking trails. Enjoy the beauty of Lago Santa Margarita and the Beach Club & Lagoon, offering additional opportunities for outdoor recreation and relaxation. Conveniently located near shopping, restaurants, entertainment, parks, schools, and everyday conveniences, with easy access to the 241 Toll Road and major South Orange County destinations.A wonderful opportunity to make this turnkey home your own!
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 |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 547 | 1,056.017 |
| Lot Size | 72,008 | 26,968.576 |
| Price | $465.0K | $672.1K |
| Price per sq ft | $850 | $625 |
| Built year | 1989 | 1990 |
| HOA | $324.0 | $470 |
| Days on market | 37 | 54 |
Sep 18, 2026
$465,000
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