21 Silktassel, Rancho Santa Margarita, California 92688, Rancho Santa Margarita, 92688 - 1 bed, 1 bath

21 Silktassel, Rancho Santa Margarita, California 92688 home-pic-0
ACTIVE$522,000
21 Silktassel, Rancho Santa Margarita, California 92688
1Bed
1Bath
742Sqft
28,835Lot
Year Built
1986
Close
-
List price
$522K
Original List price
$539K
Price/Sqft
$704
HOA
$418
Days on market
-
Sold On
-
MLS number
OC25256056
Home ConditionGood
Features
Good View:
View

About this home

We found 4 Cons,5 Pros. Rank: price - $522.0K(21th), sqft - 742(19th), beds - 1(18th), baths - 1(25th).

Welcome to 21 Silktassel in Rancho Santa Margarita located in the desirable Mission Courts II community, located in close proximity to Santa Margarita Lake, Santa Margarita Catholic School, Saint Serra Catholic, trails, Saddleback Mountains and more! From the moment you arrive, you’ll love the private enclosed front patio, ideal for entertaining guests, relaxing outdoors, or providing a safe and comfortable space for a small pet. Inside, the open and inviting living area is enhanced by plantation shutters throughout, adding both charm and functionality. The kitchen showcases sleek granite countertops, automatic faucet, and stainless steel appliances, creating a stylish and functional space that flows seamlessly into the dining and living areas. The spacious bathroom offers comfort and elegance, while the bedroom features a custom built-in closet system and a built-in desk—perfect for working from home, gaming or just staying organized. Additional highlights include an in-unit washer and dryer, a refrigerator (all included), an enclosed garage, and thoughtful storage throughout. Enjoy the vibrant Rancho Santa Margarita lifestyle with nearby shopping, dining, parks, and scenic trails, along with access to community amenities such as pools, the Beach Club Lagoon, and sports courts. Turn-key and move-in ready, 21 Silktassel combines comfort, convenience, and an unbeatable location near the lake. Trash included in HOA.

Price History

Date
Event
Price
12/11/25
Price Change
$522,000-3.2%
11/07/25
Listing
$539,000
12/15/17
Sold
$295,000
03/20/09
Sold
$174,500
07/27/05
Sold
$330,000
06/10/04
Sold
$270,000
12/30/02
Sold
$179,000
Condition Rating
Good

Built in 1986, this property has undergone significant updates, making it move-in ready. The kitchen features sleek granite countertops, stainless steel appliances, and an automatic faucet, indicating a renovation within the last 5-15 years. The description also highlights a 'spacious bathroom offers comfort and elegance' and plantation shutters throughout, suggesting a well-maintained and updated interior. While the cabinet style in the kitchen is not ultra-modern, it is clean and functional. The overall condition, as seen in the images and described, shows minimal wear and tear, aligning with the 'Good' criteria.
Pros & Cons

Pros

Exceptional Location & Lifestyle: The property boasts a prime location with close proximity to Santa Margarita Lake, schools, trails, and mountains, complemented by access to extensive community amenities including pools, the Beach Club Lagoon, and sports courts, offering a vibrant lifestyle.
Turn-Key Condition & Modern Upgrades: Presented as 'move-in ready,' the unit features desirable interior upgrades such as plantation shutters throughout, sleek granite countertops, an automatic faucet, stainless steel appliances, and a custom built-in closet system with a desk.
Private Outdoor Patio: A significant advantage for a condominium, the property includes a private enclosed front patio, ideal for entertaining, relaxation, or providing a safe outdoor space for a small pet.
Convenient Inclusions & Storage: The inclusion of an in-unit washer and dryer, refrigerator, an enclosed garage, and thoughtful storage solutions throughout the unit enhances convenience and functionality for residents.
Desirable Community: Located in the 'desirable Mission Courts II community,' residents benefit from a well-regarded neighborhood and access to the broader amenities and vibrant lifestyle of Rancho Santa Margarita.

Cons

MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 742, other record living area = 642.
High Monthly HOA Dues: The $418.00 monthly association fee is substantial for a 1-bedroom, 1-bathroom unit of 742 sqft, which could impact affordability and long-term ownership costs for potential buyers.
Limited Living Space: With only 742 square feet and a single bedroom and bathroom, the property caters to a niche market, potentially limiting its appeal to individuals or couples and excluding those requiring more space.
Recent Price Reduction: A recent price drop from $539,000 to $522,000 suggests either an initial overvaluation or a slower market, which could indicate a longer time on market or potential for further negotiation.

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