1 Buttercup 42, Rancho Santa Margarita, California 92688, Rancho Santa Margarita, - bed, bath

home-pic
ACTIVE$940,000
1 Buttercup 42, Rancho Santa Margarita, California 92688
3Beds
3Baths
1,423Sqft
30,296Lot
Year Built
1986
Close
-
List price
$940K
Original List price
$940K
Price/Sqft
-
HOA
$256
Days on market
-
Sold On
-
MLS number
OC25126429
Home ConditionGood
Features
Good View: Neighborhood, Pool
Pool
Patio
ViewNeighborhood, Pool

About this home

AMAZING LOAN ASSUMPTION OPPORTUNITY! Step through double doors into a bright, open-concept living space featuring a charming brick fireplace, recessed lighting, soaring ceilings, and an abundance of natural light. The living room seamlessly connects to the dining area and kitchen, creating the perfect setup for entertaining. Glass doors lead to a private outdoor patio. The updated kitchen boasts stainless steel appliances, crisp white cabinets, and classic white subway tile, all bathed in natural light. Upstairs, spacious bedrooms offer comfort and style. The primary suite is a true retreat with a ceiling fan, dual-sink vanity, and a private water closet in the ensuite bathroom. Enjoy a private backyard with lush grass and a paved patio—perfect for morning coffee or evening gatherings. Recent Upgrades Include: all new double paned updated vinyl windows, new water heater, new furnace, all new ductwork throughout, attic temperature regulation fan, upgraded lawn with automatic sprinkler system, 2-car attached garage with brand new system plus new custom built in cabinets. Enjoy access to resort-style HOA amenities. Don’t miss your chance to tour this stunning home—schedule your visit today!

Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (103 Listings)
Beds32
74%
Baths32
65%
Square foot1,4231,027
85%
Lot Size30,29630,825
50%
Price$940K$659K
92%
Price per square foot$661$662.5
49%
Built year19869945995
19%
HOA$256$452
13%
Days on market152173
42%
Condition Rating
Good

The property was built in 1986 but has been updated. The kitchen features stainless steel appliances and white cabinets. The bathrooms appear to be in good condition with updated vanities. The listing mentions new windows, water heater, furnace, and ductwork. While not fully renovated recently, the updates and well-maintained condition justify a 'good' score.
Pros & Cons

Pros

Loan Assumption Opportunity: The availability of loan assumption presents a significant financial advantage for potential buyers, potentially offering lower interest rates and reduced closing costs.
Recent Upgrades: Numerous recent upgrades, including new windows, water heater, furnace, ductwork, attic fan, and garage system, reduce the likelihood of immediate maintenance expenses and enhance energy efficiency.
Updated Kitchen: The updated kitchen with stainless steel appliances, white cabinets, and subway tile offers a modern and appealing space for cooking and entertaining.
Resort-Style HOA Amenities: Access to resort-style HOA amenities provides residents with recreational opportunities and a sense of community.
Open-Concept Living Space: The open-concept living space with a fireplace, recessed lighting, and soaring ceilings creates a bright and inviting atmosphere.

Cons

Association Fees: The monthly association fee of $256 adds to the overall cost of ownership.
Year Built: Built in 1986, the property may require updates in the future to maintain a modern aesthetic and functionality.
Limited Lot Size: The lot size of 3,0296 sqft is relatively small, potentially limiting outdoor space and privacy.

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