7 Via Cresta, Rancho Santa Margarita, California 92688, Rancho Santa Margarita, 92688 - 2 bed, 1 bath
7 Via Cresta
Rancho Santa Margarita, California 92688
Property Price
SUMMARY
Analysis of 7 Via Cresta, Rancho Santa Margarita, California 92688 is currently available with a list price of $499,900. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Rancho Santa Margarita Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The property is move-in ready and well-maintained, featuring recent cosmetic updates such as new paint, new closet doors, and granite countertops in both the kitchen and bathroom. While the building dates back to 1988 and retains some older elements like white appliances and original cabinetry styles, the overall condition is clean with no immediate repairs required, fitting the criteria for a well-kept, functional home.
PROSSTRENGTHS & OPPORTUNITIES
- Extensive Community Amenities
Residents benefit from dual HOA memberships providing access to local pools, spas, and the exclusive Rancho Santa Margarita Lake with its surrounding shops and restaurants.
- Modern Interior Updates
The unit features fresh paint, new closet doors, and granite countertops in both the kitchen and bathroom, offering a refreshed and move-in-ready aesthetic.
- Desirable Unit Positioning
As a downstairs end unit, the property offers enhanced accessibility and increased privacy with fewer shared walls compared to standard interior units.
CONSRISKS & DEFICIENCIES
- Compact Living Area
With only 668 square feet of living space, the interior layout is relatively small for a two-bedroom configuration, which may limit furniture options and storage.
- Single Bathroom Limitation
The presence of only one bathroom for a two-bedroom residence may be a functional challenge for households with multiple occupants or guests.
About 7 Via Cresta
COME SEE THIS VERY WELL-KEPT DOWNSTAIRS END UNIT WITH 2 BEDROOM, 1 BATH AND PLENTY OF PARKING ON THE STREET PLUS CARPORT. IT OFFERS NEW PAINT, NEW CLOSET DOORS AND GRANITE COUNTER TOPS IN KITCHEN AND BATHROOM. IT HAS INSIDE LAUNDRY AND GATED PORCH. LOW HOA WITH MANY AMENITIES SUCH AS POOL, SPA, CLUBHOUSE AND MUCH MORE. 2ND HOA IS MEMBERSHIP TO RSM LAKE. THERE, ENJOY AMENITIES SUCH AS POOL, SPA, LAKE, RESTAURANTS, SHOPS, ETC, ETC. IT'S SITUATED IN A GREAT LOCATION, CLOSE TO 241 FRW, SCHOOLS, SHOPPING AND GYM.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1988
- Lot Size
- 668.02 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $270.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 1.0 | 2.0 | 30% |
| Square foot | 668 | 1,010 | 19% |
| Lot Size | 668.02 | 14,597 | 27% |
| Price | $499.9K | $650.0K | 22% |
| Price per sq ft | $748 | $664 | 89% |
| Built year | 1988 | 1990 | 25% |
| HOA | $270.0 | $452 | 18% |
| Days on market | 172 | 178 | 47% |
Pricing History
Listed for Sale
Feb 14, 2026
$499,900
$504,999
-1% Price Drop
Initial Listing
Price Change
Oct 14, 2025
$504,999
$515,000
-2% Price Drop
Initial Listing
Price Change
Sep 16, 2025
$515,000
Initial Listing