
Rancho Santa Margarita, California 92688
This Turnkey Townhouse is a Strong Value Opportunity, listed at $789,000—positioned well below the $838,771 Fair Market Value by 5%. This valuation gap offers $49,771 in Instant Equity for the buyer. Featuring a Condition Rating of 2, the home boasts a modernized kitchen, custom spa-like bathroom, and wood flooring. Located in the Saddleback Valley Unified district with access to top-rated schools, this property is an ideal sanctuary for first-time buyers or owner-occupants seeking a move-in ready lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6 Vista Cielo Subject | $789,000* List Price | 2 | 3 | 1,275 | $658 | - |
A 2 Vista Cielo Sold | $670,000 | 2 | 2 | 972 | $689 | 0.0 mi |
B 29 Carnation 64 Sold | $929,900 | 3 | 3 | 1,325 | $702 | 0.4 mi |
C 27 Via Lavendera Sold | $660,000 | 2 | 2 | 1,025 | $644 | 0.3 mi |
D 16 Islay 54 Sold | $650,000 | 2 | 3 | 926 | $702 | 0.5 mi |
E 273 Montana Del Lago Sold | $962,000 | 3 | 3 | 1,529 | $629 | 0.5 mi |
F 19 Vista Colinas Active | $799,000 List Price | 2 | 3 | 1,275 | $627 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Despite the 1988 build date, the property has undergone a high-quality, modern renovation within the last 5 years. Key updates include a custom spa-like master bathroom with contemporary tile work, a kitchen featuring granite countertops and updated appliances, and consistent wood flooring throughout, placing it in mint, move-in condition.
The townhouse design features no neighbors above or below, providing a single-family feel, complemented by a versatile loft that serves as an ideal home office or bonus room.
The property boasts premium finishes including warm wood flooring, granite countertops, and a custom spa-like primary bathroom, offering a modern, move-in-ready aesthetic.
With a low tax rate of approximately 1.01% and no Mello Roos, this home offers significant long-term savings while maintaining access to extensive master-planned community amenities.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =113922, other record lot size in square feet = 9999.
The monthly association fee of $422 is a significant recurring expense that may impact the debt-to-income ratio for budget-conscious buyers.
The property features a standard neighborhood view and a compact private patio, which may not satisfy buyers looking for expansive vistas or large backyard areas.
**LOFT + 2-bedroom, 2.5-bath townhouse LAKESIDE— offering the perfect blend of thoughtful design and everyday comfort. With no neighbors above or below, you'll enjoy the peace and quiet of single-family living without the maintenance. From the moment you walk in, warm wood floors flow throughout, setting a tone of timeless elegance. The kitchen impresses with gleaming granite countertops, offering both style and durability for home-cooked meals and casual entertaining alike. Whether it's a quiet breakfast or a lively dinner party, this kitchen is ready for it all. The spacious loft adds a world of flexibility — a playroom, home office, reading nook, or guest space — whatever your family needs it to be. Retreat to the primary suite featuring a custom master bathroom that feels like your own private spa, a true sanctuary at the end of a long day. With 2.5 baths, busy mornings are never a scramble, and a 2-car garage means everyone comes home to covered, convenient parking. The private patio rounds it all out — your own outdoor escape for morning coffee, weekend grilling, or simply enjoying the fresh air. Access to Rancho Santa Margarita's master-planned community amenities like the beach club, lake, tennis courts, water park, trails, and much more are included with your HOA dues. No Mello Roos! Tax rate is about 1.01%!
No exterior & parking available.
Grades PK-6 • 0.3 mi
Grades 7-8 • 0.8 mi
Grades 9-12 • 3.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 3.0 | 2.0 | 67% |
| Square foot | 1,275 | 1,032 | 76% |
| Lot Size | 113,922 | 26,394.5 | 91% |
| Price | $789.0K | $685.0K | 76% |
| Price per sq ft | $619 | $642 | 34% |
| Built year | 1988 | 1990 | 24% |
| HOA | $422.0 | $438 | 49% |
| Days on market | 14 | 150 | 4% |
Jun 2, 2026
$789,000
Initial Listing
May 12, 2006
$492,500
Public Record
May 21, 2004
$455,000
Public Record
Dec 4, 1998
$149,000
Public Record