
Rancho Santa Margarita, California 92688
This property presents a High-Potential Investment Opportunity with a List Price of $425,000—positioned well below the $401,601 Fair Market Value by -5%. Featuring a Condition Rating of 4, this unit offers significant value-add potential through cosmetic modernization. Located in the desirable Tijeras Creek Villas, the home provides access to Top-Rated Schools like Arroyo Vista Middle (9/10), alongside resort-style amenities including pools, spas, and a private garage. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a strategic entry into the South Orange County market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 75 Via Contento Subject | $425,000* List Price | 1 | 1 | 643 | $625 | - |
A 32 Via Contento Sold | $537,500 | 2 | 2 | 864 | $622 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1990 (34 years old), the property is in original condition and shows significant dating. The kitchen features original oak cabinetry, white tile countertops, and older appliances. While functional, the stained carpeting and the listing's emphasis on 'opportunity to personalize' indicate a need for cosmetic updates and minor repairs consistent with a 30+ year old original unit.
Middle School: Arroyo Vista Middle School (9/10).
The upper-level positioning combined with soaring vaulted ceilings and a cozy fireplace creates an open, airy ambiance that makes the living space feel significantly larger than its footprint.
The property includes highly sought-after features for a one-bedroom unit, such as a private detached one-car garage, in-unit laundry, and access to resort-style community pools and fitness facilities.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =97580, other record lot size in square feet = 1632.
At approximately 643 square feet, the compact size may be a constraint for buyers requiring extra storage or a dedicated home office space.
The property is positioned as a 'personalization opportunity,' suggesting that the interior likely requires immediate cosmetic updates or modernization to meet current market standards.
Welcome to 75 Via Contento, an upper-level 1-bedroom, 1-bath condo located in the highly desirable Tijeras Creek Villas community of Rancho Santa Margarita. Offering approximately 643 square feet of living space, this home presents an exciting opportunity for a first-time buyer, investor, downsizer, or anyone looking to personalize a home in a fantastic South Orange County location. Step inside to a light and open living space highlighted by soaring vaulted ceilings and a cozy fireplace. The living area extends outdoors to a private patio/deck with additional storage, the perfect spot for morning coffee, relaxing at the end of the day, or creating your own outdoor retreat. The functional floor plan includes a comfortable bedroom, full bathroom, kitchen with ample cabinetry, convenient in-unit laundry area, and a private detached one car garage. Bring your vision and make this home your own! With an opportunity to update and personalize to your taste, this property offers tremendous potential in a sought-after community. Tijeras Creek Villas offers resort style amenities including pools, spas, fitness facilities and beautifully maintained common areas. Enjoy an active Southern California lifestyle with Tijeras Creek Golf Club, parks, walking and hiking trails, shopping, dining and recreation all nearby. Conveniently located in the heart of Rancho Santa Margarita, this condo combines location, lifestyle and opportunity at an attractive price point.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades 6-8 • 0.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 643 | 1,077.857 |
| Lot Size | 97,580 | 27,342.776 |
| Price | $425.0K | $691.6K |
| Price per sq ft | $661 | $631 |
| Built year | 1990 | 1990 |
| HOA | $475.0 | $466 |
| Days on market | 14 | 54 |
Aug 26, 2026
$425,000
Initial Listing
Mar 23, 1998
$86,000
Public Record