54 Gavilan 1, Rancho Santa Margarita, California 92688, Rancho Santa Margarita, - bed, bath
ACTIVE$489,000
54 Gavilan 1, Rancho Santa Margarita, California 92688
2Beds
1Bath
618Sqft
61,046Lot
Year Built
1987
Close
-
List price
$489K
Original List price
$499K
Price/Sqft
-
HOA
$480
Days on market
-
Sold On
-
MLS number
PW25191914
Home ConditionExcellent
Features
View-
About this home
Rare corner-unit two bedroom one bathroom condo offering extra privacy, natural light, and a bright open layout. Updated kitchen and bathroom finishes, fresh interior touches, and move-in ready condition. Smart floorplan with comfortable bedroom sizes and efficient use of space. In-unit laundry, assigned parking, and low HOA. Excellent walkability with lake access, Beach Club facilities, parks, trails, shopping and dining nearby. A turnkey home offering convenience, comfort, and strong value in a highly desirable lakeside neighborhood.
Price History
Date
Event
Price
11/04/25
Price Change
$489,000-2.0%
08/30/25
Listing
$499,000
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (103 Listings) | |
|---|---|---|---|
| Beds | 2 | 2 | 50% |
| Baths | 1 | 2 | 23% |
| Square foot | 618 | 1,026 | 8% |
| Lot Size | 61,046 | 31,622 | 65% |
| Price | $489K | $657K | 13% |
| Price per square foot | $791 | $663 | 94% |
| Built year | 1987 | 9945995 | 30% |
| HOA | $480 | $452 | 73% |
| Days on market | 67 | 173 | 7% |
Condition Rating
Excellent
The property has undergone an extensive and recent interior renovation, evident in the modern kitchen featuring dark cabinets, white countertops, stainless steel appliances, and recessed lighting. The bathroom also boasts a matching modern vanity, contemporary fixtures, and a glass shower door. New wood-look flooring extends throughout the unit, complemented by fresh paint and updated trim, creating a 'turnkey' and 'move-in ready' condition that meets current quality standards.
Pros & Cons
Pros
Corner Unit Advantages: As a rare corner unit, the property benefits from extra privacy, abundant natural light, and a bright, open layout, enhancing the living experience.
Turnkey Condition: The condo is move-in ready with updated kitchen and bathroom finishes, along with fresh interior touches, minimizing immediate renovation costs for the buyer.
Desirable Location & Amenities: Situated in a highly desirable lakeside neighborhood, it offers excellent walkability, lake access, Beach Club facilities, parks, trails, shopping, and dining nearby.
Key Condo Conveniences: The unit includes practical features such as in-unit laundry and assigned parking, adding significant convenience for residents.
Efficient Layout: The smart floorplan maximizes the use of space, providing comfortable bedroom sizes within its footprint.
Cons
Compact Living Space: At 618 square feet, the unit offers a relatively small living area, which might be a consideration for those desiring more expansive space, especially for a two-bedroom.
Single Bathroom: The property features only one bathroom for a two-bedroom unit, which could be inconvenient for multiple occupants or guests.
Lack of View: The property explicitly states 'View: None', which may be a drawback for buyers seeking scenic outlooks, particularly in a desirable area like Rancho Santa Margarita.