75 Via Meseta, Rancho Santa Margarita, California 92688, Rancho Santa Margarita, 92688 - 1 bed, 1 bath
Loading property details...
75 Via Meseta
Rancho Santa Margarita, California 92688
ACTIVE
CONDITION: GOOD
1Beds
1Baths
547Sq Ft
85,446Lot Size
Property Price
LIST PRICE$419,999
EST. MARKET VALUE
$401,154
4% AboveMARKET VALUE
SUMMARY
This 1-bedroom, 1-bath condominium represents a Strong Value Opportunity, listed at a List Price of $419,999—positioned well above the $401,155 Fair Market Value by 4%. While priced slightly above market, the property features a Condition Rating of 3 with a modern, renovated bathroom and a private patio. Located in the Saddleback Valley Unified district near top-rated schools, this unit offers a stable, low-maintenance lifestyle. It is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a move-in ready entry point into Rancho Santa Margarita.
Estimated Market Value
$401,154
Based on Realkey algorithm analyzing recent comparable sales in Rancho Santa Margarita.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 75 Via Meseta Subject 1 bd · 1 ba · 547 sqft · $733 | $419,999* List Price | 1 | 1 | 547 | $733 | - |
A 43 Via Cresta Sold 1 bd · 1 ba · 547 sqft · $713 · 0.1 mi | $390,000 | 1 | 1 | 547 | $713 | 0.1 mi |
B 23 Via Prado Sold 1 bd · 1 ba · 547 sqft · $667 · 0.1 mi | $365,000 | 1 | 1 | 547 | $667 | 0.1 mi |
C 49 Via Honrado Sold 1 bd · 1 ba · 700 sqft · $586 · 0.6 mi | $410,000 | 1 | 1 | 700 | $586 | 0.6 mi |
D 46 Picazo Sold 2 bd · 1 ba · 618 sqft · $785 · 0.4 mi | $485,000 | 2 | 1 | 618 | $785 | 0.4 mi |
E 59 Gaviota 158 Sold 2 bd · 1 ba · 648 sqft · $818 · 0.5 mi | $530,000 | 2 | 1 | 648 | $818 | 0.5 mi |
F 21 Silktassel Sold 1 bd · 1 ba · 742 sqft · $654 · 0.7 mi | $485,000 | 1 | 1 | 742 | $654 | 0.7 mi |
G 7 Via Cresta Active 2 bd · 1 ba · 668 sqft · $659 · 0.1 mi | $439,900 List Price | 2 | 1 | 668 | $659 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Although built in 1989, the property features a beautifully renovated and modern bathroom with updated subway tiling, glass sliding doors, and newer fixtures. The exterior is well-maintained, indicating the home is functional and move-in ready.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Ground-Floor Accessibility
The unit's ground-level location provides easy access and a functional layout, making it highly desirable for those seeking convenience or mobility-friendly living in the heart of Rancho Santa Margarita.
- Excellent Educational Proximity
The property is situated within walking distance of highly-rated schools, including Rancho Santa Margarita Intermediate and Cielo Vista Elementary, enhancing its long-term value and appeal to families.
- Entry-Level Investment Potential
Priced competitively for the Orange County market, this condo offers a rare entry-level opportunity for first-time buyers or investors looking to capitalize on the area's strong rental demand.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =85446, other record lot size in square feet = 111232.
- Limited Square Footage
With only 547 square feet of living space, the compact interior may feel restrictive for buyers requiring additional storage or room for a home office.
- Lack of Scenic Views
The property listing indicates no specific views, which may be a disadvantage compared to other units in the region that offer vistas of the surrounding hills or community landscapes.
About 75 Via Meseta
LOCATION, LOCATION, LOCATION! Welcome to this charming ground-level 1-bedroom, 1-bath condo in the heart of Rancho Santa Margarita. The convenient ground-floor location offers easy access and a comfortable, functional layout with plenty of potential to make it your own. Enjoy the community amenities and everything Rancho Santa Margarita has to offer, including nearby shopping, dining, parks, trails and outdoor recreation. Whether you’re looking for a place to call home or an investment opportunity, this condo offers a great combination of location, convenience and potential. Don’t miss this opportunity to own in Rancho Santa Margarita!
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1989
- Lot Size
- 85,446 Sq. Ft.
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $324.0 / Month
Neighborhood Insights
Rancho Santa Margarita Unified Schools
Cielo Vista Elementary School
Grades K-6 • 0.4 mi
5/10
Rancho Santa Margarita Intermediate School
Grades 7-8 • 0.3 mi
7/10
Trabuco Hills High School
Grades 9-12 • 3.7 mi
8/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 547 | 1,056.017 |
| Lot Size | 85,446 | 26,968.576 |
| Price | $420.0K | $672.1K |
| Price per sq ft | $768 | $625 |
| Built year | 1989 | 1990 |
| HOA | $324.0 | $470 |
| Days on market | 30 | 54 |
Pricing History
Listed for Sale
Sep 25, 2026
$419,999
Initial Listing
Sold
Oct 29, 2018
$295,000
Public Record
Sold
Nov 4, 2016
$227,000
Public Record