21 Lobelia, Rancho Santa Margarita, California 92688, Rancho Santa Margarita, - bed, bath
ACTIVE$699,000
21 Lobelia, Rancho Santa Margarita, California 92688
2Beds
2Baths
974Sqft
11,602Lot
Year Built
1989
Close
-
List price
$699K
Original List price
$738K
Price/Sqft
-
HOA
$470
Days on market
-
Sold On
-
MLS number
OC25131806
Home ConditionFair
Features
Good View: Mountain(s)
Patio
ViewMountain(s)
About this home
Welcome to a Fabulous Mountain View property featuring a 180 degree view from the private rear yard that features a putting trees and private patio. No other property in this complex offers these features as this is one of a kind lower level end unit. This unit has a one car attached garage along with a one car detached garage. This unit is special and offers the new owner to select their own upgrades as desired. A perfect palet for the owner to select their own finishes.
Nearby schools
7/10
Trabuco Mesa Elementary School
Public,•PK-6•0.5mi
7/10
Rancho Santa Margarita Intermediate School
Public,•7-8•0.8mi
8/10
Trabuco Hills High School
Public,•9-12•3.8mi
Price History
Date
Event
Price
08/16/25
Price Change
$699,000
06/13/25
Listing
$738,000
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (103 Listings) | |
|---|---|---|---|
| Beds | 2 | 2 | 50% |
| Baths | 2 | 2 | 50% |
| Square foot | 974 | 1,026 | 47% |
| Lot Size | 11,602 | 30,796 | 24% |
| Price | $699K | $659K | 52% |
| Price per square foot | $718 | $663 | 75% |
| Built year | 1989 | 9945995 | 50% |
| HOA | $470 | $452 | 60% |
| Days on market | 145 | 173 | 37% |
Condition Rating
Fair
Built in 1989, this property is 35 years old. The images clearly show an outdated kitchen with white appliances and older countertops, as well as bathrooms with dated vanities and light fixtures. The flooring is a mix of older laminate/vinyl and carpet. The description explicitly states it's a 'perfect palet for the owner to select their own finishes,' indicating that significant aesthetic updates are needed. While the property appears functional and maintained, its components are significantly outdated, aligning with the 'Fair' criteria for a home built over 20 years ago with no major recent renovations, requiring updates to meet current standards.
Pros & Cons
Pros
Exceptional Views & Private Yard: Features a unique 180-degree mountain view from a private rear yard with a putting green and patio, offering an exclusive outdoor living experience.
Unique End Unit Status: As a one-of-a-kind lower level end unit, it offers enhanced privacy and features not found in other properties within the complex.
Dual Garages: Includes both a one-car attached garage and a one-car detached garage, providing rare and valuable parking and storage solutions for a condominium.
Customization Potential: Presented as a 'perfect palette' for the new owner to select their own finishes and upgrades, allowing for personalized design.
Recent Price Reduction: The list price has been reduced from $738,000 to $699,000, indicating increased value and potential for a more attractive offer.
Cons
Requires Upgrades: The property is described as a 'perfect palette' for upgrades, implying that significant cosmetic and functional updates are needed, incurring additional buyer cost and effort.
Smaller Square Footage: At 974 square feet for a 2-bedroom, 2-bathroom unit, the interior living space is relatively compact, which may not suit all buyer needs.
High Association Fee: The monthly association fee of $470 is a notable recurring expense that adds to the overall cost of homeownership.