112 Timbre, Rancho Santa Margarita, California 92688, Rancho Santa Margarita, - bed, bath

home-pic
ACTIVE$649,000
112 Timbre, Rancho Santa Margarita, California 92688
2Beds
2Baths
943Sqft
6,253Lot
Year Built
1992
Close
-
List price
$649K
Original List price
$671K
Price/Sqft
-
HOA
$465
Days on market
-
Sold On
-
MLS number
PW25166954
Home ConditionFair
Features
Good View: Hills
Deck
ViewHills

About this home

**MOTIVATED SELLER ** WILLING TO CREDIT $5,000 TOWARDS CLOSING COSTS (for new floors and paint)!!! Charming Two-Bedroom Upstairs Condo in Prime Location – Los Portillos, Rancho Santa Margarita Welcome to this beautifully appointed two-bedroom, two-bathroom upstairs condo located in the highly sought-after Los Portillos neighborhood in the heart of Rancho Santa Margarita! This home offers the perfect blend of comfort, style, and convenience. As you step inside, you'll be greeted by a bright and airy open-concept living space featuring recessed canned lighting throughout. The spacious living room flows seamlessly into the dining area and kitchen, creating a perfect setting for relaxation and entertaining. The entire space is designed to maximize natural light, giving the home a warm and inviting atmosphere. The condo boasts a lovely private sitting area outside, perfect for enjoying morning coffee or unwinding after a long day, with serene views of the community. Enjoy resort-style living with access to a beautiful community pool and spa. This home also includes an attached garage, offering extra storage space and added convenience, as well as a covered assigned carport for a second vehicle. Located just minutes from the renowned O'Neill Park, seasonal creek, and the picturesque Rancho Santa Margarita Lake, you'll have endless opportunities for outdoor adventures. The property is also in proximity to top-rated schools, making it a perfect choice for families. With its prime location, fantastic amenities, and move-in ready condition, this condo is truly a rare find that won't last long. Come see it for yourself today!

Nearby schools

7/10
Arroyo Vista Elementary School
Public,K-51.0mi
9/10
Arroyo Vista Middle School
Public,6-81.0mi

Price History

Date
Event
Price
10/21/25
Price Change
$649,000-0.1%
09/15/25
Price Change
$649,777-1.2%
09/02/25
Price Change
$657,770-0.0%
08/20/25
Price Change
$657,777-1.9%
08/06/25
Listing
$670,777
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (99 Listings)
Beds24
7%
Baths23
9%
Square foot9431,977
1%
Lot Size6,2534,526
80%
Price$649K$1.26M
1%
Price per square foot$688$642
67%
Built year19929970997
42%
HOA$465$87
99%
Days on market91164
14%
Condition Rating
Fair

Built in 1992, this condo is 32 years old. While it appears well-maintained and features recessed lighting, the kitchen and bathrooms are significantly dated with older white appliances, basic countertops, and original-style cabinetry and fixtures. The extensive carpeting throughout the living areas and bedrooms, along with linoleum/vinyl in the kitchen, is also outdated. The seller's offer of a $5,000 credit for new floors and paint further indicates that cosmetic updates are needed to bring the property to current standards. It is functional but requires minor updates to enhance its appeal and value.
Pros & Cons

Pros

Seller Incentive: Motivated seller offering a $5,000 credit towards closing costs for new floors and paint, providing immediate value and customization options for the buyer.
Prime Location & Community Amenities: Located in the highly sought-after Los Portillos neighborhood, minutes from O'Neill Park, Rancho Santa Margarita Lake, top-rated schools, and offering resort-style living with a community pool and spa.
Functional Layout & Bright Interior: Features a bright and airy open-concept living space with recessed canned lighting, maximizing natural light and creating an inviting atmosphere.
Ample Parking & Storage: Includes an attached garage for extra storage and convenience, plus a covered assigned carport for a second vehicle.
Private Outdoor Space & Views: Boasts a lovely private sitting area with serene community views, perfect for relaxation, and benefits from general 'Hills' views.

Cons

High Monthly Association Fee: The property carries a significant monthly association fee of $465.0, which adds to the overall cost of ownership.
Upstairs Unit & Modest Square Footage: As an upstairs condo, it may not appeal to all buyers (e.g., those with mobility concerns), and the 943 sqft is relatively compact for a two-bedroom unit.
Recent Price Reduction History: Multiple price drops from the original listing price suggest potential market resistance or initial overpricing, which could influence buyer perception of value.

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