18 Via Felicia, Rancho Santa Margarita, California 92688, Rancho Santa Margarita, - bed, bath

home-pic
ACTIVE UNDER CONTRACT$875,000
18 Via Felicia, Rancho Santa Margarita, California 92688
2Beds
2Baths
1,211Sqft
4,000Lot
Year Built
1986
Close
-
List price
$875K
Original List price
$890K
Price/Sqft
-
HOA
$87
Days on market
-
Sold On
-
MLS number
PW25116275
Home ConditionFair
Features
View-

About this home

This charming single story home is ready for a fresh vision. Bring your hammer and nails—while it needs some TLC, it has great bones and a spacious layout, offering an excellent opportunity to customize and modernize to your taste. The home features high ceilings, a fireplace, a dishwasher, and mirrored closet doors, with the master bedroom providing direct access to the backyard. Outside, a spacious covered backyard invites endless possibilities, whether for gardening, play, or entertaining. An attached two car garage offers plenty of storage and parking. The community amenities include a sparkling pool, spa, BBQ area, and hiking trails. Ideally located just minutes from schools, shopping, and entertainment. Having been a rental property for several years, the unit presents an excellent opportunity for updates, including fresh paint and new flooring, to restore its full potential. It is being sold in its current "as-is" condition.

Price History

Date
Event
Price
08/09/25
Price Change
$875,000-1.7%
06/19/25
Listing
$890,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (96 Listings)
Beds24
5%
Baths23
7%
Square foot1,2112,018
4%
Lot Size4,0004,550
32%
Price$875K$1.27M
2%
Price per square foot$723$640
80%
Built year19861994
9%
HOA$87$87
50%
Days on market140162
38%
Condition Rating
Fair

Built in 1986, this 38-year-old property is described as having 'great bones' but explicitly states it 'needs some TLC' and is an 'opportunity to customize and modernize.' The kitchen, as seen in the images, features dated white cabinets, older countertops, and a very outdated fluorescent light panel, though some appliances appear newer. The flooring in the kitchen is also dated tile. The description mentions the need for 'fresh paint and new flooring,' indicating other areas are also outdated. While functional, the home shows clear signs of being aged with no major renovations since construction, aligning perfectly with the 'Fair' condition criteria for properties built within the last 25 to 40 years that require updates to modernize.
Pros & Cons

Pros

Prime Location: Ideally located just minutes from schools, shopping, and entertainment in the desirable Rancho Santa Margarita area.
Community Amenities: Residents benefit from access to a sparkling pool, spa, BBQ area, and hiking trails, enhancing lifestyle and property appeal.
Renovation Potential: The home boasts 'great bones' and a spacious layout, offering an excellent opportunity for customization and modernization to personal taste.
Desirable Architectural Features: A charming single-story home with high ceilings, a fireplace, and a master bedroom providing direct access to the backyard.
Functional Outdoor & Parking Space: Features a spacious covered backyard for various uses and an attached two-car garage offering ample storage and parking.

Cons

Extensive Renovation Required: The property is sold 'as-is' and requires significant updates, including fresh paint and new flooring, due to its history as a rental.
Ongoing Association Fees: An additional monthly association fee of $87.0 adds to the recurring cost of homeownership.
Lack of Scenic Views: The property does not offer any notable scenic views, which may be a consideration for buyers seeking such an amenity.

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI

Browse Properties by State Browse market stats by State