
Rancho Santa Margarita, California 92688
This Turnkey Townhouse is a Prime Investment Opportunity, listed at $875,000—positioned well below the $899,000 Fair Market Value by 2%. This valuation gap offers $24,000 in Instant Equity. Featuring a Good Condition Rating, the home boasts a Granite Kitchen, Panoramic Views, and a flexible main-level bedroom. Located in the Saddleback Valley Unified district near top-rated schools, this property balances lifestyle convenience with financial upside. It is an ideal acquisition for Owner-Occupants seeking a move-in ready home or first-time buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 79 Tierra Montanosa Subject | $875,000* List Price | 3 | 3 | 1,551 | $580 | - |
A 43 Tierra Seguro Sold | $920,000 | 3 | 3 | 1,427 | $645 | 0.1 mi |
B 46 Tierra Montanosa Sold | $790,000 | 2 | 3 | 1,241 | $637 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1994, the property has undergone significant interior renovations within the last 5-15 years. The kitchen features updated white shaker cabinetry, granite countertops, and stainless steel appliances. Bathrooms have been refreshed with matching granite vanities. With central HVAC, a well-maintained tile roof, and a move-in ready interior, it meets the criteria for Good condition.
The floor plan includes a rare main-floor bedroom and full bathroom, offering ideal flexibility for a home office, guest suite, or multi-generational living.
Featuring two-story vaulted ceilings, arched windows, and upgraded remote-controlled window coverings, the home offers a bright, move-in-ready aesthetic with contemporary finishes.
Situated near Rancho Santa Margarita Lake and within walking distance to top-rated Melinda Heights Elementary, the property provides excellent lifestyle convenience and educational value.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1551, other record living area = 1361.
The association fee of $518 per month is relatively high for the area, which may impact the overall affordability and debt-to-income ratio for potential buyers.
With 43 days on the market and a recent price reduction from the original list price, the property may be facing challenges with buyer perception regarding its value proposition.
Ready for immediate move-in, sellers relocated! This two-story Spanish-Mediterranean townhome is located in a well-maintained community in Rancho Santa Margarita. A private courtyard welcomes you at the entrance, with a second patio accessible from the main level — both great for outdoor relaxing or entertaining. Inside, the living room makes an impression with two-story vaulted ceilings, arched windows that bring in plenty of natural light, and a fireplace. The open floor plan connects the living room, dining area, and kitchen seamlessly. The kitchen is well-equipped with white cabinetry, granite countertops, tile backsplash, stainless steel appliances, a gas range, and a breakfast bar peninsula perfect for casual dining. The main level also features a flexible room with a sliding glass door to the rear patio — ideal as a bedroom, home office, or guest space — along with a full bathroom and in-home laundry with washer and dryer hookups. Upstairs, both bedrooms have their own full en-suite bathrooms. The primary suite offers a ceiling fan, plush carpet, and an en-suite bathroom with dual sinks, granite countertops, and mirrored closets. The secondary bedroom features a vaulted ceiling, ceiling fan, and a walk-in closet. Throughout the home, window coverings are upgraded with remote-controlled operation. The home includes a tile roof and central air conditioning. Community amenities include a pool and spa. Conveniently located near Rancho Santa Margarita Lake, top-rated schools, shopping, dining, hiking trails, and the 241 Toll Road.
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 | 3.0 | 2.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 1,551 | 1,417.5 |
| Lot Size | 17,217 | 40,965 |
| Price | $875.0K | $885.5K |
| Price per sq ft | $564 | $619 |
| Built year | 1994 | 1991 |
| HOA | $518.0 | $509 |
| Days on market | 57 | 59 |
Jun 25, 2026
$875,000
$899,000
-3% Price Drop
Initial Listing
May 26, 2026
$899,000
Initial Listing
Nov 17, 2010
$335,000
Public Record
Apr 28, 2005
$551,000
Public Record
Apr 25, 2000
$219,000
Public Record
Aug 7, 1997
$156,500
Public Record