
Rancho Santa Margarita, California 92688
This Turnkey Carriage Unit Condo is listed at $749,000, representing a stable valuation that reflects its Excellent Condition Rating and extensive modern upgrades. While the $710,159 Fair Market Value indicates a competitive baseline, the property justifies its premium with a remodeled kitchen featuring quartz countertops, stainless steel appliances, and luxury vinyl flooring. Located within the Saddleback Valley Unified district, the home is steps from the top-rated Melinda Heights Elementary School. This polished, move-in-ready residence is perfectly suited for first-time buyers or Owner-Occupants seeking a maintenance-free lifestyle with resort-style community amenities.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 91 Tierra Plano Subject | $749,000* List Price | 2 | 2 | 1,100 | $646 | - |
A 4 Paseo Estrellas Sold | $699,000 | 2 | 2 | 1,110 | $630 | 0.7 mi |
B 3 Camino Del Oro Sold | $650,000 | 2 | 2 | 1,110 | $586 | 0.7 mi |
C 28 Tierra Montanosa Sold | $935,000 | 3 | 3 | 1,472 | $635 | 0.1 mi |
D 9 Tierra Montanosa Sold | $725,000 | 2 | 2 | 1,064 | $681 | 0.1 mi |
E 10 Tierra Plano Active | $725,000 List Price | 2 | 2 | 1,120 | $647 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1994, the property has undergone extensive recent renovations that meet current quality standards. The interior is in turnkey condition featuring a modern kitchen with quartz countertops and stainless steel appliances, updated bathrooms with new dual-sink vanities, luxury vinyl flooring, fresh neutral paint, recessed lighting, and upgraded dual-pane windows.
The property is in move-in-ready condition featuring high-end finishes such as quartz countertops, stainless steel appliances, luxury vinyl flooring, and dual-pane windows.
Ideally situated within walking distance to the top-rated Melinda Heights Elementary and O’Neil Regional Park, offering excellent convenience for families and outdoor enthusiasts.
As an end-unit carriage home with soaring ceilings and an open floor plan, the property provides enhanced privacy and a sense of volume that exceeds its 1,100 square footage.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1100, other record living area = 1064.
The association fee of $518 per month represents a significant recurring cost that may impact the overall affordability and budget for some buyers.
Despite the desirable neighborhood, the listing specifically notes a lack of views, which may be a drawback for buyers seeking the aesthetic vistas common in Rancho Santa Margarita.
Welcome to the desirable neighborhood of Tierra Montanosa of Rancho Santa Margarita. This beautiful, turnkey end-unit carriage unit condo offers 2 upstairs bedrooms and 2 full bathrooms with an inviting open floor plan, soaring ceilings, and abundant natural light throughout with approximately 1,100 square feet of living space. The spacious living room features a cozy fireplace and opens to a lovely, oversized balcony perfect for relaxing. The modern kitchen is equipped with quartz countertops and stainless-steel appliances. The generous primary suite includes walk-in closet, new dual-sink vanity, and quartz countertops. Other upgrades include dual pane windows, recessed lights, ceiling fans, vinyl flooring, fresh neutral paint, custom bathroom lighting, and more. The attached garage offers direct entry into the home, and a reserved parking space is also included. Enjoy the convenient location within a short walk to Melinda Heights Elementary, O’Neil Regional Park, sports courts, hiking and biking trails, shopping, and dining, within easy reach of Highway 241. Residents enjoy access to a variety of amenities, including resort style swimming pool/spa, Beach Club, play areas, summer concerts, and access to Rancho Santa Margarita Lake. It offers the perfect balance of luxury, convenience, and lifestyle. Don’t miss the chance to make this stunning property your own!
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 | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,100 | 1,027 | 62% |
| Lot Size | 20,403 | 18,514 | 54% |
| Price | $749.0K | $650.0K | 74% |
| Price per sq ft | $681 | $656 | 67% |
| Built year | 1994 | 1990 | 65% |
| HOA | $518.0 | $452 | 80% |
| Days on market | 78 | 170 | 19% |
Feb 3, 2026
$749,000
Initial Listing
Mar 16, 2016
$341,000
Public Record
Aug 25, 2000
$174,000
Public Record