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7 Santolina, Rancho Santa Margarita, California 92688, Rancho Santa Margarita, 92688 - 3 bed, 2 bath

7 Santolina, Rancho Santa Margarita, California 92688 home-pic-0
ACTIVE UNDER CONTRACT$1,199,999
7 Santolina, Rancho Santa Margarita, California 92688
3Beds
2Baths
1,534Sqft
6,375Lot

Price Vs. Estimate

The estimated value ($769,312.415) is $430,686.585 (35%) lower than the list price ($1,199,999). This property may be overpriced.

Key pros and cons

Top Pros:
Prime Location & Community Amenities: Situated on a cul-de-sac, the property offers excellent access to RSM Lake, parks, shopping, dining, and toll roads, complemented by low HOA dues and access to extensive community perks including the Beach Club and various recreational facilities in California's safest city.
Top Cons:
Significant Overpricing: The listing price of $1,199,999 is considerably higher than the estimated property value of approximately $769,312, and appears aggressive when compared to larger, recently sold properties in the immediate vicinity.

Compared to the nearby listings

Price:$1.20M vs avg $1.23M ($-25,001)46%
Size:1,534 sqft vs avg 1,977 sqft16%
Price/sqft:$782 vs avg $63791%

More Insights

Built in 1986 (39 years old).
Condition: The property, built in 1986, has undergone a significant remodel, making it move-in ready. The kitchen features updated white cabinets, granite countertops, travertine backsplash, and newer stainless steel appliances, presenting a modern and functional space. Both bathrooms, especially the primary suite, have been remodeled with contemporary fixtures, dual vanities, and custom tile work. The flooring, including wood and travertine, is in good condition. While the home's original construction date is older, the extensive updates to key areas like the kitchen and bathrooms, along with overall good maintenance, elevate its condition to 'Good'. It does not meet the 'Excellent' criteria as the renovation timeline is not specified to be within the last 5 years, and the underlying major systems (HVAC, plumbing, electrical) are not explicitly stated as new or recently replaced.
Year Built
1986
Close
-
List price
$1.2M
Original List price
$1.2M
Price/Sqft
$782
HOA
$87
Days on market
-
Sold On
-
MLS number
OC25136822
Home ConditionGood
Features
Good View: Mountain(s), Neighborhood
Patio
ViewMountain(s), Neighborhood

About this home

Professional photos posting Friday ! Welcome to 7 Santolina - single level, HUGE 6,375’ lot, cul de sac location & moments to pools, the lake, shopping, dining & more ! This remodeled home sits on a rare 6,375’ cul de sac lot & offers plenty of room to entertain, garden, or relax outdoors with added privacy and space. Inside, the home offers 3 bedrooms, 2 bathrooms, and 1,566 square feet of well-designed living space. Vaulted ceilings, wood flooring, and abundant natural light create a bright and open feel throughout. The family room includes travertine tile and a granite-surround fireplace, while the kitchen is finished with granite countertops, a travertine backsplash, and newer appliances. The primary suite features vaulted ceilings, a walk-in closet with built-ins, and a remodeled bath with dual vanities and an oversized shower with custom tile. The two secondary bedrooms include mirrored wardrobes and closet organizers. The interior laundry room and attached two-car garage with storage add everyday convenience. Located near Trabuco Mesa Elementary, Trabuco Mesa Park, RSM Lake, trails, shopping, and toll roads, this home offers excellent access to local amenities. Rancho Santa Margarita residents enjoy low HOA dues and incredible community perks, including the Beach Club, Lagoon, pools, parks, sports courts, and scenic trails. Recognized as California’s safest city in 2024, it’s a great place to call home.

Condition Rating
Good
The property, built in 1986, has undergone a significant remodel, making it move-in ready. The kitchen features updated white cabinets, granite countertops, travertine backsplash, and newer stainless steel appliances, presenting a modern and functional space. Both bathrooms, especially the primary suite, have been remodeled with contemporary fixtures, dual vanities, and custom tile work. The flooring, including wood and travertine, is in good condition. While the home's original construction date is older, the extensive updates to key areas like the kitchen and bathrooms, along with overall good maintenance, elevate its condition to 'Good'. It does not meet the 'Excellent' criteria as the renovation timeline is not specified to be within the last 5 years, and the underlying major systems (HVAC, plumbing, electrical) are not explicitly stated as new or recently replaced.
Pros & Cons

Pros

Prime Location & Community Amenities: Situated on a cul-de-sac, the property offers excellent access to RSM Lake, parks, shopping, dining, and toll roads, complemented by low HOA dues and access to extensive community perks including the Beach Club and various recreational facilities in California's safest city.
Generous Lot Size: The rare 6,375 sqft cul-de-sac lot provides ample outdoor space for entertaining, gardening, or relaxation, offering enhanced privacy and usability.
Remodeled Interior & Modern Finishes: The home features a remodeled interior with vaulted ceilings, wood flooring, abundant natural light, an updated kitchen with granite countertops and newer appliances, and a primary bath with dual vanities and an oversized custom-tiled shower.
Single-Level Living: The desirable single-level floor plan offers convenience and accessibility, appealing to a wide range of buyers.
Well-Appointed Primary Suite: The primary suite boasts vaulted ceilings, a walk-in closet with built-ins, and a remodeled en-suite bathroom, providing a comfortable and updated private retreat.

Cons

Significant Overpricing: The listing price of $1,199,999 is considerably higher than the estimated property value of approximately $769,312, and appears aggressive when compared to larger, recently sold properties in the immediate vicinity.
Older Construction: Built in 1986, while the interior is remodeled, the property's age may imply older major systems (e.g., plumbing, electrical, HVAC, roof) that could require future maintenance or upgrades not explicitly mentioned as updated.
Modest Square Footage for Price: With 1,534 sqft of living space, the interior size is relatively modest for its asking price, potentially limiting its appeal to buyers seeking more expansive living areas at this price point.

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