8 Lakeridge, Rancho Santa Margarita, California 92679, Rancho Santa Margarita, 92679 - 3 bed, 3 bath
8 Lakeridge
Rancho Santa Margarita, California 92679
Property Price
SUMMARY
Analysis of 8 Lakeridge, Rancho Santa Margarita, California 92679 reveals a property with a current list price of $1,549,000, which is 6% above the estimated $1,460,670 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. 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.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8 Lakeridge Subject | $1,549,000* List Price | 3 | 3 | 2,287 | $639 | - |
A 29 Muirfield Sold | $1,600,000 | 3 | 3 | 2,483 | $644 | 0.1 mi |
B 35 Muirfield Sold | $1,565,000 | 4 | 3 | 2,640 | $593 | 0.1 mi |
C 3 Greenspring Sold | $1,370,000 | 3 | 3 | 2,187 | $626 | 0.5 mi |
D 31945 La Subida Sold | $1,560,000 | 5 | 3 | 2,883 | $541 | 0.3 mi |
E 21861 Caminito Drive Sold | $1,475,000 | 4 | 3 | 2,361 | $625 | 0.4 mi |
F 6 Muirfield Sold | $1,728,108 | 4 | 4 | 3,137 | $551 | 0.2 mi |
G 21352 Silvertree Lane Active | $1,574,999 List Price | 4 | 3 | 2,479 | $635 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Although built in 1990, the property has undergone extensive recent renovations that meet modern quality standards. Key upgrades include a fully remodeled chef's kitchen with porcelain countertops and professional-grade appliances, marble flooring, and new windows and doors. Furthermore, major systems have been modernized with a full home repipe, a newer roof under warranty, and a paid-in-full solar system, eliminating deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- High-Value System Upgrades
The property features significant infrastructure improvements including a full home repipe, a paid-in-full solar system, and a newer roof under warranty, offering substantial long-term cost savings and peace of mind for the buyer.
- Prestigious Community & Financials
Located in the exclusive 24-hour guard-gated Dove Canyon, the home benefits from resort-style amenities and a Jack Nicklaus Signature golf course while maintaining low HOA dues and the rare advantage of no Mello Roos.
- Modernized Interior Design
The interior boasts a sophisticated remodel with soaring ceilings, marble flooring, and a chef’s kitchen featuring porcelain countertops and a professional six-burner range, creating a move-in-ready luxury experience.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
- Limited Bedroom Count
With only three bedrooms at a $1.5M+ price point, the property may face competition from larger homes in the area that offer four or more bedrooms to accommodate growing families or multiple home offices.
- School Commute Logistics
While the local elementary and intermediate schools are nearby, the assigned high school is located over six miles away, which may be a logistical drawback for families with older children.
About 8 Lakeridge
Significant price improvement. Exceptional opportunity and now one of the most competitively priced homes in guard gated Dove Canyon. Seller is motivated and encourages immediate showings. Welcome to 8 Lakeridge, a beautifully upgraded 3 bedroom, 3 bathroom home located in the prestigious 24 hour guard gated community of Dove Canyon in Rancho Santa Margarita. This home blends modern design, smart upgrades, and resort style amenities in one of South Orange County’s most desirable neighborhoods. Soaring ceilings with striking black beams and abundant natural light create an impressive first impression. The main living areas feature marble flooring, a redesigned fireplace with custom stonework, recessed lighting, and new sliding doors and windows. The remodeled kitchen is ideal for both everyday living and entertaining, featuring porcelain countertops, a professional 6 burner range with pot filler, modern cabinetry, upgraded sink and hardware, and new dishwasher. Major system upgrades add significant value and peace of mind, including full home repipe, paid solar system, and a newer roof still under warranty. Residents enjoy 24 hour guard gated security, pool and spa, tennis courts, hiking trails, parks, and access to the Jack Nicklaus Signature golf course. The property also benefits from low HOA dues and no Mello Roos, enhancing long term affordability. An outstanding opportunity to own a beautifully upgraded home with meaningful system improvements in one of Orange County’s premier communities.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1990
- Lot Size
- 8,450 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $320.0 / Month
Neighborhood Insights
Rancho Santa Margarita Unified Schools
Robinson Elementary School
Grades K-6 • 0.8 mi
Tijeras Creek Elementary School
Grades K-5 • 2.0 mi
Rancho Santa Margarita Intermediate School
Grades 7-8 • 1.0 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 24% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,287 | 2,731 | 31% |
| Lot Size | 8,450 | 6,825 | 67% |
| Price | $1.55M | $1.59M | 47% |
| Price per sq ft | $677 | $614 | 71% |
| Built year | 1990 | 1993 | 41% |
| HOA | $320.0 | $320 | 50% |
| Days on market | 31 | 191 | 2% |
Pricing History
Listed for Sale
Feb 26, 2026
$1,549,000
$1,599,000
-3% Price Drop
Initial Listing
Price Change
Feb 4, 2026
$1,599,000
Initial Listing
Sold
Sep 13, 2022
$1,221,500
Public Record
Sold
Apr 2, 2002
$439,000
Public Record
Sold
Jun 5, 1998
$334,000
Public Record