
Rancho Santa Margarita, California 92688
This Stunning Move-In Ready Condominium is listed at $750,000, reflecting a stable price point near its $730,566 Fair Market Value. Featuring a high-end modern renovation with quartz countertops and white shaker cabinets, the property boasts an Excellent Condition Rating of 2. Situated in the Saddleback Valley Unified district, it offers proximity to top-rated schools like Melinda Heights Elementary. With an expansive wraparound balcony and a versatile loft, this home provides a premium lifestyle. It is the perfect fit for first-time buyers or professional couples seeking a polished, stress-free transition.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 61 Tierra Montanosa Subject | $750,000* List Price | 2 | 2 | 1,164 | $628 | - |
A 48 Tierra Seguro Sold | $689,000 | 2 | 2 | 1,169 | $589 | 0.1 mi |
B 91 Tierra Plano Sold | $702,000 | 2 | 2 | 1,100 | $638 | 0.1 mi |
C 101 Camino Del Oro Sold | $734,000 | 2 | 3 | 1,231 | $596 | 0.8 mi |
D 59 Camino Del Oro Sold | $661,120 | 2 | 2 | 1,110 | $596 | 0.8 mi |
E 4 Paseo Estrellas Sold | $699,000 | 2 | 2 | 1,110 | $630 | 0.8 mi |
F 23 Paseo Estrellas Sold | $720,000 | 2 | 3 | 1,231 | $585 | 0.7 mi |
G 54 Paseo Viento Active | $890,000 List Price | 2 | 3 | 1,256 | $709 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1996, the property has undergone a high-end, modern renovation within the last 5 years. The kitchen features contemporary white shaker cabinets, quartz countertops with a waterfall edge, and stainless steel appliances. The bathrooms have also been updated with modern vanities and fixtures, putting the home in mint, move-in-ready condition.
Situated directly across from the highly-rated Melinda Heights Elementary School and within walking distance to community parks and pools, this home offers exceptional convenience for families.
The corner-unit layout features soaring vaulted ceilings and a versatile loft, creating a bright, airy atmosphere that feels significantly larger than its stated square footage.
Unlike many standard condominiums, this property boasts an expansive wraparound balcony, providing ample space for outdoor dining, lounging, and private entertaining.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =17217, other record lot size in square feet = 21905.
The association fee of $510 per month is relatively high, which may impact the overall affordability and debt-to-income ratio for some prospective buyers.
Despite its desirable corner location, the property listing indicates no specific scenic views, which may be a disadvantage compared to other units in the area that offer mountain or canyon vistas.
Tucked into one of Rancho Santa Margarita’s most desirable neighborhoods, this beautifully positioned corner townhome offers the perfect combination of comfort, style, and convenience. Filled with natural light from an abundance of windows, the open-concept floor plan is enhanced by soaring vaulted ceilings that create a bright, spacious atmosphere. The inviting living room features a cozy fireplace and seamlessly flows into the dining area and kitchen, making it ideal for both everyday living and entertaining. A versatile loft provides the flexibility for a home office, media room, or creative retreat, while the expansive wraparound balcony offers the perfect place to enjoy morning coffee, dine outdoors, or host friends with plenty of room for seating and a barbecue. The private primary suite features vaulted ceilings, generous closet space, and an en-suite bath with dual vanities. Ideally located across from Melinda Heights Elementary and just moments from community pools, parks, tennis and basketball courts, sports fields, hiking trails, shopping, and dining, this home delivers the exceptional Southern California lifestyle that Rancho Santa Margarita is known for.
No exterior & parking available.
Grades K-6 • 0.2 mi
Grades 7-8 • 1.7 mi
Grades 9-12 • 2.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,164 | 1,077.857 |
| Lot Size | 17,217 | 27,342.776 |
| Price | $750.0K | $691.6K |
| Price per sq ft | $644 | $631 |
| Built year | 1996 | 1990 |
| HOA | $510.0 | $466 |
| Days on market | 21 | 54 |
Aug 19, 2026
$750,000
Initial Listing
Jul 14, 2023
$725,000
Public Record
Sep 16, 2003
$325,000
Public Record
May 17, 2001
$227,000
Public Record
Jul 30, 1997
$140,000
Public Record