
Rancho Santa Margarita, California 92688
This Turnkey Townhouse is a Strong Value Opportunity, listed at $899,000—positioned well below the $916,100 Fair Market Value by 1.87%. This valuation gap offers $17,100 in Instant Equity for the buyer. Featuring a Condition Rating of 3, the home includes a Granite Kitchen, vaulted ceilings, and a private courtyard. Located in the Saddleback Valley Unified district near top-rated schools, this property is an ideal sanctuary for Owner-Occupants or first-time buyers seeking a move-in ready lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 79 Tierra Montanosa Subject | $899,000* List Price | 3 | 3 | 1,551 | $591 | - |
A 44 Tierra Montanosa Active | $939,000 List Price | 3 | 3 | 1,487 | $631 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1994, the property has been well-maintained and features significant updates that appear to be within the 5-15 year range. The kitchen and bathrooms have been modernized with granite countertops, white cabinetry, and stainless steel appliances. The home is move-in ready with functional systems including central air conditioning and upgraded remote-controlled window coverings.
The layout features a rare main-floor bedroom/office and dual upstairs en-suite suites, providing excellent privacy and flexibility for multi-generational living or remote work.
Ideally situated within walking distance to the top-rated Melinda Heights Elementary and near Rancho Santa Margarita Lake, offering a high-quality lifestyle and strong resale value.
Dramatic two-story vaulted ceilings and large arched windows flood the living space with natural light, significantly enhancing the home's sense of volume and modern aesthetic.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1551, other record living area = 1361.
The monthly association fee of $518 represents a significant recurring expense that may impact the overall affordability and debt-to-income ratios for prospective buyers.
As a townhouse with shared walls, the property lacks a traditional private backyard, which may be a drawback for buyers seeking more outdoor autonomy or space for pets.
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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,551 | 1,429 | 53% |
| Lot Size | 17,217 | 3,200 | 68% |
| Price | $899.0K | $900.0K | 47% |
| Price per sq ft | $580 | $626 | 37% |
| Built year | 1994 | 1994 | 50% |
| HOA | $518.0 | $373 | 84% |
| Days on market | 11 | 122 | 16% |
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