40 Lobelia, Rancho Santa Margarita, California 92688, Rancho Santa Margarita, - bed, bath

home-pic
ACTIVE$729,000
40 Lobelia, Rancho Santa Margarita, California 92688
2Beds
2Baths
974Sqft
14,925Lot
Year Built
1989
Close
-
List price
$729K
Original List price
$750K
Price/Sqft
-
HOA
$470
Days on market
-
Sold On
-
MLS number
OC25085637
Home ConditionGood
Features
Deck
View-

About this home

Welcome to 40 Lobelia in beautiful Rancho Santa Margarita! This remodeled home showcases thoughtful upgrades throughout, offering a perfect blend of luxury and modern living. Step inside to brand new luxury vinyl plank (LVP) flooring that runs seamlessly throughout the home. The kitchen is a chef’s dream, featuring new porcelain countertops, custom cabinetry, and newer stainless-steel appliances (all less than two years old). Both bathrooms have been fully renovated — the guest bathroom includes elegant porcelain tile floors and marble countertops, while the primary suite boasts stunning marble tile flooring, a porcelain-tiled shower, and marble countertops. Every detail has been meticulously updated: new cabinets in the kitchen and primary bedroom, new tubs, toilets, and sinks, freshly added barn doors, and a beautifully redone fireplace that creates a cozy focal point in the living area. Nearly every surface and system in the home is under two years old, making this a true turnkey opportunity. Ideally located close to RSM’s parks, shopping, dining, and award-winning schools. Come experience the perfect combination of modern updates and Southern California lifestyle — you’ll fall in love with this home!

Nearby schools

7/10
Trabuco Mesa Elementary School
Public,PK-60.4mi
7/10
Rancho Santa Margarita Intermediate School
Public,7-80.8mi
8/10
Trabuco Hills High School
Public,9-123.8mi
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (103 Listings)
Beds22
50%
Baths22
50%
Square foot9741,026
47%
Lot Size14,92530,796
29%
Price$729K$659K
63%
Price per square foot$748$663
87%
Built year19899945995
50%
HOA$470$452
60%
Days on market201174
73%
Condition Rating
Good

The property, built in 1989, has been recently remodeled with new LVP flooring, porcelain countertops, custom cabinetry, and stainless-steel appliances in the kitchen. Both bathrooms are fully renovated with porcelain/marble tile and new fixtures. While not newly built, the extensive recent updates bring it to a 'good' condition, move-in ready with no immediate renovation required.
Pros & Cons

Pros

Extensive Remodeling: The property has undergone extensive remodeling with new LVP flooring, porcelain countertops, custom cabinetry, and updated bathrooms, offering a modern and luxurious living experience.
Newer Appliances: The kitchen features newer stainless-steel appliances (less than two years old), providing efficiency and modern convenience.
Updated Bathrooms: Both bathrooms have been fully renovated with porcelain tile floors, marble countertops, and porcelain-tiled showers, enhancing the property's appeal.
Turnkey Condition: Nearly every surface and system in the home is under two years old, making it a true turnkey opportunity for buyers.
Prime Location: Ideally located close to RSM’s parks, shopping, dining, and award-winning schools, offering convenience and a desirable lifestyle.

Cons

HOA Fees: The monthly association fee of $470.00 could be a deterrent for some buyers.
Smaller Square Footage: At 974 sqft, the property might be considered small for some families, potentially limiting its appeal to larger households.
Original List Price Reduction: The property has experienced a price reduction from its original list price of $750,000 to $729,000, which may raise questions about its market value.

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