9 De Lino, Rancho Santa Margarita, California 92688, Rancho Santa Margarita, 92688 - 1 bed, 1 bath
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Rancho Santa Margarita, California 92688
This Turnkey Condominium presents a Prime Investment Opportunity, listed at $475,000—positioned well below the $488,443 Fair Market Value by 2%. This valuation gap offers $13,443 in Instant Equity. Featuring a Condition Rating of 2, the unit boasts modern quartz countertops, a custom tile walk-in shower, and new energy-efficient systems. Located in the desirable Belflora community near top-rated schools, this property is an ideal acquisition for first-time buyers or Owner-Occupants seeking a move-in ready lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 9 De Lino Subject | $470,000* List Price | 1 | 1 | 692 | $686 | - |
A 7 Islay 70 Sold | $520,000 | 1 | 2 | 781 | $666 | 0.2 mi |
B 59 Gaviota 158 Sold | $530,000 | 2 | 1 | 648 | $818 | 0.1 mi |
C 42 Picazo 29 Sold | $515,000 | 2 | 2 | 773 | $666 | 0.1 mi |
D 4 Pica Flor Sold | $405,000 | 1 | 1 | 510 | $794 | 0.1 mi |
E 21 Silktassel Sold | $485,000 | 1 | 1 | 742 | $654 | 0.4 mi |
F 27 Castano Sold | $430,000 | 1 | 1 | 692 | $621 | 0.1 mi |
G 29 Celosia Sold | $535,000 | 1 | 1 | 804 | $665 | 0.7 mi |
H 31 Gavilan 124 Active | $489,000 List Price | 2 | 1 | 618 | $791 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1988, the property has undergone a comprehensive recent renovation (likely <5 years) featuring a modern kitchen with quartz countertops and white cabinetry, a fully updated bathroom with custom tile work, and brand new essential systems including the A/C and water heater.
The property is ideally situated within walking distance of Rancho Santa Margarita Lake, the Beach Club, and major shopping centers, offering residents an active and convenient lifestyle.
The unit features high-quality finishes including quartz countertops, a custom tile walk-in shower with a river rock sink, and new energy-efficient systems like the Nest-controlled A/C and water heater.
A spacious covered patio provides rare private outdoor space for a one-bedroom unit, complemented by the convenience of a private laundry area and a carport located directly across from the home.
At 678 square feet, the compact footprint of this one-bedroom unit may be restrictive for buyers needing extra storage or a dedicated home office space.
The $482 monthly association fee is relatively high for a small one-bedroom condo, which may impact overall affordability and appeal for budget-conscious buyers or investors.
Discover this charming one-bedroom, one-bathroom lower unit condo in the highly sought-after Belflora and SAMLARC community. As you approach the home, you're welcomed by a spacious covered patio—an ideal spot for outdoor dining, weekend barbecues, or simply relaxing with a good book. As you walk into the unit, you will encounter a spacious living room that opens to a comfortable dining area and the kitchen featuring quartz countertops, white cabinetry, and recessed lighting. The bright and airy primary bedroom offers plenty of space, while the bathroom includes a custom tile walk-in shower with a glass enclosure, updated fixtures and lighting, and a unique river rock sink. A large walk-in closet adds plenty of storage in the large bedroom suite. Additional features include a new A/C connected to a Nest smart thermostat, allowing convenient and energy-efficient climate control, a new water heater, neutral paint throughout, a private laundry area just off the patio, and a covered carport conveniently located across from the unit. Residents enjoy access to beautifully maintained parks, swimming pools, and recreational facilities. Perfectly situated within walking distance of Rancho Santa Margarita Lake, the Lago Santa Margarita Beach Club and Lagoon, Santa Margarita Marketplace, Plaza El Paseo, and Santa Margarita Town Center. Experience the best of Rancho Santa Margarita living and enjoy convenient access to shopping, dining, entertainment, and outdoor recreation and every day essencial just moments away. Don't miss the opportunity to make this home your own!
No exterior & parking available.
Grades PK-6 • 0.8 mi
Grades 7-8 • 0.2 mi
Grades 9-12 • 3.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 692 | 1,093 |
| Lot Size | 62,246 | 26,135 |
| Price | $470.0K | $681.3K |
| Price per sq ft | $679 | $638 |
| Built year | 1988 | 1991 |
| HOA | $482.0 | $463 |
| Days on market | 40 | 51 |
Jul 10, 2026
$470,000
$475,000
-1% Price Drop
Initial Listing
Jun 12, 2026
$475,000
Initial Listing
Jul 21, 2023
$460,000
Public Record
May 6, 2008
$182,500
Public Record
Aug 3, 2004
$269,000
Public Record
Aug 26, 1998
$86,000
Public Record