RealKey
‪(213) 433-7766‬

34 Via Esperanza, Rancho Santa Margarita, California 92688, Rancho Santa Margarita, 92688 - 1 bed, 1 bath

34 Via Esperanza, Rancho Santa Margarita, California 92688 home-pic-0
ACTIVE UNDER CONTRACT$399,000
34 Via Esperanza, Rancho Santa Margarita, California 92688
1Bed
1Bath
781Sqft
25,999Lot
Year Built
1987
Close
-
List price
$399K
Original List price
$399K
Price/Sqft
$511
HOA
$500
Days on market
-
Sold On
-
MLS number
OC25267845
Home ConditionPoor
Features
Deck
ViewNeighborhood

About this home

We found 3 Cons,5 Pros. Rank: price - $399.0K(3th), sqft - 781(19th), beds - 1(18th), baths - 1(25th).

OPPORTUNITY KNOCKS!! Are you looking for a project? This one bedroom PLUS LOFT property is in need of some love, and with some TLC, this can be the perfect investment opportunity! Live the good life in Rancho Santa Margarita... this townhome is ready for someone ready to invest some sweat equity. Soaring volume ceilings and an open floorplan make this model feel spacious. With no one above, your two story townhome feels like a true "home". As you enter from your balcony, you'll walk into your family room and adjoining kitchen and dining nook. The master bedroom has two great closets plus vaulted ceilings. The main bathroom offers linen storage and an oversized tub/shower. The open loft is ready for whatever you need it to be, an office, a secondary bedroom, a workout area, or whatever. Off the loft is an attic area for extra storage. This townhome offers a one car detached garage, a community pool/spa/tot lot, and is convenient to shopping, freeways, lakes, trails and more.

Price History

Date
Event
Price
12/03/25
Listing
$399,000
Condition Rating
Poor
Built in 1987, this property is 37 years old. The listing description explicitly states it's 'in need of some love,' a 'project,' and requires 'sweat equity' and 'significant investment in renovation.' While interior images are not provided, these strong textual cues indicate that the property requires substantial repairs and rehabilitation, aligning with the 'Poor' condition criteria rather than just minor updates.
Pros & Cons

Pros

Versatile Loft Space: The property features an open loft area that can be adapted for various uses, such as an office, secondary bedroom, or workout space, adding significant functional value.
Spacious Feel: Soaring volume ceilings and an open floorplan contribute to a spacious and airy feel throughout the townhome.
Enhanced Privacy: As a two-story townhome with no one above, it offers greater privacy and a quieter living environment compared to typical condominiums.
Community Amenities: Residents have access to desirable community amenities including a pool, spa, and tot lot, enhancing lifestyle and recreational options.
Convenient Location: The property boasts a convenient location with easy access to shopping, freeways, lakes, and trails, appealing to a wide range of buyers.

Cons

Requires Renovation: The property is explicitly described as 'in need of some love' and a 'project,' indicating that significant investment in renovation and 'sweat equity' will be required.
High Association Fee: A monthly association fee of $500 is substantial for a 1-bedroom, 781 sqft unit, which could impact affordability and buyer interest.
Limited Living Space: With only 1 bedroom and 1 bathroom across 781 sqft, the property offers limited living space, potentially narrowing its appeal to individuals or small households.

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 housing market trends by state