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SELLER WILL ALLOW BUYER TO ASSUME THEIR EXISTING 2.25% INTEREST RATE! SELLER IS MOTIVATED! The buyer does NOT have to be a Veteran to take advantage of this amazing VA assumable loan opportunity!! Welcome home to resort-style living in the heart of Rancho Santa Margarita! Nestled within the highly desirable Mission Courts community and just steps from the breathtaking lake and Beach Club, this charming lower level condo blends comfort, style, and convenience into one incredible opportunity. Step through the private gated patio - your own peaceful outdoor retreat perfect for morning coffee, evening wine, or simply relaxing in tranquility. Inside, you'll find tasteful upgrades throughout, including rich wood flooring in the living & bedroom areas, elegant travertine flooring in the kitchen & bath, and fresh paint that gives the home a bright, move-in ready feel. The beautifully updated kitchen is designed to impress with granite counter tops, stainless steel appliances, recessed lighting and abundant cabinet space for all of your storage needs. The spacious floor-plan offers easy single-level living with no stairs, making everyday life effortless and comfortable. Additional highlights include a detached one-car garage plus newer washer, dryer & refrigerator - all included! Enjoy being moments away from scenic walking trails, shopping, dining, entertainment and the incredible amenities that make Rancho Santa Margarita one of the most sought-after communities. Whether you're looking for a first home, downsizing, or searching for the perfect investment, this cozy lakeside gem offers the lifestyle you've been waiting for.
| Last Updated | 5/12/2026 | Tract | Mission Courts (R1) (MC) |
|---|---|---|---|
| Year Built | 1986 | Community | R1 - Rancho Santa Margarita North |
| Garage Spaces | 1.0 | County | Orange |
Price History
| Prior to Apr 16, '26 | $465,000 |
|---|---|
| Apr 16, '26 - May 12, '26 | $449,000 |
| May 12, '26 - Today | $448,999 |
Additional Details
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Disposal, Dryer, Electric Range, Microwave, Refrigerator, Washer, Washer/Dryer Stacked |
| AREA | R1 - Rancho Santa Margarita North |
| CONSTRUCTION | Stone |
| GARAGE | Yes |
| HEAT | Central |
| HOA DUES | 497|Monthly |
| INTERIOR | Breakfast Bar, Granite Counters, Master Downstairs, Open Floorplan, Recessed Lighting, Storage |
| LOT | 0.6555 acre(s) |
| LOT DIMENSIONS | 28554 |
| PARKING | Garage, Garage Door Opener, Workshop in Garage |
| POOL DESCRIPTION | Community, Association |
| SEWER | Public Sewer |
| STORIES | 1 |
| STYLE | Cottage |
| SUBDIVISION | Mission Courts (R1) (MC) |
| VIEW DESCRIPTION | None |
| WATER | Public |
| WATERFRONT DESCRIPTION | Lake |
Location
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