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57 Rabano, Rancho Santa Margarita, California 92688, Rancho Santa Margarita, 92688 - 2 bed, 2 bath

57 Rabano, Rancho Santa Margarita, California 92688 home-pic-0
ACTIVE UNDER CONTRACT$599,000
57 Rabano, Rancho Santa Margarita, California 92688
2Beds
2Baths
1,051Sqft
1,915Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Extensive Recent Upgrades: The property boasts significant recent upgrades including a newer oven, microwave, dishwasher, HVAC, water heater, washer/dryer, and a full re-piping, offering modern functionality and reduced immediate maintenance concerns.
Top Cons:
Monthly HOA Dues: The property is subject to a monthly association fee of $294.0, which adds to the overall housing expenses and is a consideration for budget-conscious buyers.

Compared to the nearby listings

Price:$599.0K vs avg $651.0K ($-52,000)33%
Size:1,051 sqft vs avg 1,024 sqft53%
Price/sqft:$570 vs avg $66410%

More Insights

Built in 1996 (29 years old).
Condition: Built in 1996, this property is move-in ready with no immediate renovation required due to extensive recent functional upgrades. The description highlights newer kitchen appliances (oven, microwave, dishwasher), HVAC, water heater, washer/dryer, and a full re-piping, ensuring major systems are well-maintained and within their expected lifespan. While the kitchen cabinets, countertops, and bathroom vanity/light fixtures appear to be original or older in style, they are clean and functional, not requiring immediate repair. The flooring (ceramic tile and laminate) is also in good condition. The property has not undergone a full recent cosmetic renovation, but the significant system updates elevate its condition beyond 'Fair'.
Year Built
1996
Close
-
List price
$599K
Original List price
$625K
Price/Sqft
$570
HOA
$294
Days on market
-
Sold On
-
MLS number
OC25118998
Home ConditionGood
Features
Good View: Park/Greenbelt
Patio
ViewPark/Greenbelt

About this home

Discover this beautiful recently painted 2-bedroom, 2-bathroom Townhouse located in the highly desirable Bella Ventana Community of Rancho Santa Margarita. **Recent Upgrades include: Newer Oven, Newer Microwave, Newer Dishwasher, Newer HVAC, Newer Water Heater, and Newer Washer/Dryer! Enjoy a distinct level of privacy and comfort in this condo, with the added advantage of of an oversized patio area. This home offers comfortable living with a bright and open floor plan. Enjoy the convenience of a private patio and an attached 1-car garage as well as a dedicated carport. Inside, you'll find elegant ceramic tile and laminate wood flooring. The inviting family room, complete with a cozy fireplace, seamlessly connects to the kitchen, perfect for entertaining. Both bedrooms are generously sized, and the individual laundry room adds to the home's practicality. The primary suite is a true retreat, featuring two closets and a primary bathroom with dual vanity and a full bathtub. One more added benefit, the home has been re-piped. Enjoy an exceptional location, just minutes from the toll road, diverse shopping and dining options, the renowned Tijeras Creek Golf Course, and additional top-rated schools. Enjoy the added benefit of a low tax rate with no Mello-Roos!

Nearby schools

8/10
Tijeras Creek Elementary School
Public,•K-5•0.9mi
Condition Rating
Good
Built in 1996, this property is move-in ready with no immediate renovation required due to extensive recent functional upgrades. The description highlights newer kitchen appliances (oven, microwave, dishwasher), HVAC, water heater, washer/dryer, and a full re-piping, ensuring major systems are well-maintained and within their expected lifespan. While the kitchen cabinets, countertops, and bathroom vanity/light fixtures appear to be original or older in style, they are clean and functional, not requiring immediate repair. The flooring (ceramic tile and laminate) is also in good condition. The property has not undergone a full recent cosmetic renovation, but the significant system updates elevate its condition beyond 'Fair'.
Pros & Cons

Pros

Extensive Recent Upgrades: The property boasts significant recent upgrades including a newer oven, microwave, dishwasher, HVAC, water heater, washer/dryer, and a full re-piping, offering modern functionality and reduced immediate maintenance concerns.
Prime Location & Desirable Community: Situated in the highly sought-after Bella Ventana Community, the home offers an exceptional location with easy access to the toll road, diverse shopping, dining, Tijeras Creek Golf Course, and top-rated schools.
Favorable Financials: Buyers benefit from a low tax rate and no Mello-Roos, significantly reducing long-term ownership costs compared to many other properties in the region.
Private Outdoor Space & Ample Parking: The townhouse features an oversized private patio area, an attached 1-car garage, and an additional dedicated carport, providing convenience and valuable outdoor/parking space.
Functional & Updated Interior: The home offers a bright, open floor plan with elegant ceramic tile and laminate wood flooring, an inviting family room with a fireplace, generously sized bedrooms, a primary suite with dual closets and vanity, and an individual laundry room.

Cons

Monthly HOA Dues: The property is subject to a monthly association fee of $294.0, which adds to the overall housing expenses and is a consideration for budget-conscious buyers.
Compact Living Space: With 1051 square feet, the living area may be considered modest for some buyers, potentially limiting appeal for those desiring more expansive interior space.
Townhouse/Condo Structure: As a townhouse/condominium, the property entails shared walls and community regulations, which may not appeal to buyers seeking the complete autonomy and larger lot sizes typically associated with single-family homes.

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