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

home-pic
ACTIVE$1,928,000
40 Mancera, Rancho Santa Margarita, California 92688
5Beds
4Baths
3,600Sqft
6,720Lot
Year Built
1990
Close
-
List price
$1.93M
Original List price
$2.03M
Price/Sqft
-
HOA
$184
Days on market
-
Sold On
-
MLS number
OC25242425
Home ConditionGood
Features
Good View: Park/Greenbelt, Hills, Mountain(s)
Pool
Spa
Patio
ViewPark/Greenbelt, Hills, Mountain(s)

About this home

Located in the highly sought-after community on Montilla in Rancho Santa Margarita, rank #1 safest city in CA by Moving Waldo! This beautiful pool home boasts 5 bedrooms, 4 bathrooms which including one bedroom and one full bathroom downstairs. Main level provides 17 feet high ceiling formal dining room and living room. Independent laundry room and storage room downstairs. Hardwood floor for all over the house so there's no one inch carpet on in the whole house including stairs and storage room! Real wood shuttles for all windows. New pool and spa equipments replaced in 2022, New water heater with circulation pump & timer replaced in 2023, New A/C for both upstairs & downstairs replaced in 2022 & 2024, New furnace for downstairs, New dishwasher & gas stove in the kitchen replaced in 2024, New BBQ grill in the backyard replaced in 2024, New shower doors for both children bathrooms upstairs replaced in 2024, New locks for all downstair doors replaced in 2024, New ceiling fans for all bedrooms replaced in 2024, and New painting for whole house inside and whole yard fence painting in 2024 & 2025! Salt water spa with waterfall pool in the back yard. Awesome view of Saddleback Mountains! Close to the Tijers Creek Golf Course. No Mello Roos, Low property tax. HOA amenities include 4 swimming pools, 3 tennis courts, and Lake beach club & lagoon. The property is a few minutes' walk to Arroyo Vista K-8 School (blue ribbon), and close to Tesoro High school Bus Stop in Arroyo Vista park that goes to Tesoro high school (among the top 5% best public high school in CA according Niche.com). Olympic size swimming pool, 3 tennis courts, BBQ houses, Arroyo Vista park, Tijeras Creek Golf Course, and O'Neil Regional Park, all within a few minutes' walking distance! No more need to pick up/drop off kids from K to 12! Photovoltaics leased. As Is.

Nearby schools

7/10
Arroyo Vista Elementary School
Public,K-50.2mi
9/10
Arroyo Vista Middle School
Public,6-80.2mi

Price History

Date
Event
Price
11/04/25
Price Change
$1,928,000-2.6%
11/02/25
Price Change
$1,980,000-2.4%
10/29/25
Listing
$2,028,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (99 Listings)
Beds54
87%
Baths43
90%
Square foot3,6001,998
97%
Lot Size6,7204,526
85%
Price$1.93M$1.27M
93%
Price per square foot$536$639.5
8%
Built year19909970997
36%
HOA$184$87
91%
Days on market7164
1%
Condition Rating
Good

This property is in excellent functional condition, boasting extensive recent updates to major systems including new A/C (2022 & 2024), water heater (2023), furnace, pool equipment (2022), and kitchen appliances (dishwasher & gas stove, 2024). The entire house has new interior paint (2024) and hardwood floors throughout, eliminating carpet. While the kitchen features classic white cabinets and new appliances, the granite countertops, and the overall style of the bathrooms, though clean and well-maintained with new shower doors in some, reflect a 1990s aesthetic rather than a full modern renovation. However, the significant investment in critical infrastructure and cosmetic refreshes makes it highly move-in ready with no immediate renovation required, aligning perfectly with a 'Good' condition score.
Pros & Cons

Pros

Prime Location & Safety: Located in the highly sought-after Montilla community within Rancho Santa Margarita, recognized as the #1 safest city in CA, offering a desirable and secure living environment.
Extensive Recent Upgrades: Significant investments made between 2022-2025, including new AC units, furnace, water heater, pool/spa equipment, kitchen appliances, and full interior/exterior painting, ensuring modern comfort and reduced immediate maintenance.
Family-Oriented Layout & Features: A spacious 5-bedroom, 4-bathroom layout includes a convenient downstairs bedroom and full bath, an independent laundry room, and a carpet-free interior with hardwood floors throughout, complemented by real wood shutters.
Exceptional School Access: Within minutes' walk to the blue-ribbon Arroyo Vista K-8 School and close to the Tesoro High School bus stop, providing unparalleled convenience for K-12 education.
Rich HOA Amenities & Lifestyle: Access to extensive HOA amenities including 4 swimming pools, 3 tennis courts, a lake beach club & lagoon, plus proximity to Tijeras Creek Golf Course and O'Neil Regional Park, all without Mello Roos and with low property taxes.

Cons

Leased Photovoltaic System: The solar panel system is leased, meaning the buyer will assume ongoing lease payments rather than owning the system outright, which is a recurring expense.
Sold 'As-Is' Condition: The property is being sold in 'as-is' condition, which may limit the buyer's ability to request repairs or credits for any discovered defects or necessary updates.
Original 1990 Construction: Despite numerous recent system and cosmetic upgrades, the underlying structure dates back to 1990, which could imply older foundational elements, plumbing, or electrical systems not explicitly mentioned as updated.

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