91 Tierra Plano, Rancho Santa Margarita, California 92688, Rancho Santa Margarita, 92688 - 2 bed, 2 bath
91 Tierra Plano
Rancho Santa Margarita, California 92688
Property Price
SUMMARY
Analysis of 91 Tierra Plano, Rancho Santa Margarita, California 92688 is currently available with a list price of $749,000. 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.
Condition Analysis
OVERALL CONDITION SCORE
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.
PROSSTRENGTHS & OPPORTUNITIES
- Turnkey Modern Upgrades
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.
- Prime Location and Walkability
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.
- Desirable Carriage Unit Layout
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.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1100, other record living area = 1064.
- High Monthly HOA Dues
The association fee of $518 per month represents a significant recurring cost that may impact the overall affordability and budget for some buyers.
- Lack of Scenic Views
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.
About 91 Tierra Plano
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!
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1994
- Lot Size
- 20,403 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $518.0 / Month
Neighborhood Insights
Rancho Santa Margarita Unified Schools
Melinda Heights Elementary School
Grades K-6 • 0.2 mi
Rancho Santa Margarita Intermediate School
Grades 7-8 • 1.7 mi
Trabuco Hills High School
Grades 9-12 • 2.1 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| 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 | 14,925 | 57% |
| Price | $749.0K | $650.0K | 73% |
| Price per sq ft | $681 | $664 | 59% |
| Built year | 1994 | 1990 | 68% |
| HOA | $518.0 | $452 | 84% |
| Days on market | 32 | 178 | 6% |
Pricing History
Listed for Sale
Feb 3, 2026
$749,000
Initial Listing
Sold
Mar 16, 2016
$341,000
Public Record
Sold
Aug 25, 2000
$174,000
Public Record