70 Gavilan 18, Rancho Santa Margarita, California 92688, Rancho Santa Margarita, - bed, bath

home-pic
ACTIVE UNDER CONTRACT$469,000
70 Gavilan 18, Rancho Santa Margarita, California 92688
2Beds
1Bath
618Sqft
61,046Lot
Year Built
1987
Close
-
List price
$469K
Original List price
$495K
Price/Sqft
-
HOA
$495
Days on market
-
Sold On
-
MLS number
OC25196725
Home ConditionFair
Features
ViewNeighborhood, Trees/Woods

About this home

Charming 2-Bedroom Condo in Prime Rancho Santa Margarita Location Discover the perfect blend of comfort and convenience in this beautifully maintained 2-bedroom, 1-bathroom home. Ideally situated in a private first-floor location with no steps, this residence offers a peaceful view of the community from your inviting front porch. Step inside to find fresh interior paint, stylish laminate and tile flooring, and the convenience of an included washer, dryer, and refrigerator. A covered parking space adds to the ease of everyday living. Enjoy all that Rancho Santa Margarita has to offer—just a short walk to the lake with scenic walking paths, shopping, dining, and the Lake Association pool. You’ll also be close to tennis courts, parks, and recreation, making this a truly unbeatable location. Whether you’re a first-time buyer, downsizing, or seeking an investment, this home is a fantastic opportunity you won’t want to miss!

Price History

Date
Event
Price
09/21/25
Price Change
$469,000-2.1%
09/13/25
Price Change
$479,000-3.2%
09/02/25
Listing
$495,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (101 Listings)
Beds22
50%
Baths12
22%
Square foot6181,027
8%
Lot Size61,04631,622
66%
Price$469K$659K
12%
Price per square foot$759$662.5
88%
Built year19879950995
30%
HOA$495$452
73%
Days on market65171
7%
Condition Rating
Fair

The property, built in 1987, has received recent cosmetic updates such as fresh interior paint and stylish laminate flooring throughout, making it move-in ready. However, the kitchen features older-style light wood cabinets and white appliances, which appear dated. The bathroom also shows signs of age with an outdated fluorescent light panel and a functional but not modern vanity. While well-maintained, the kitchen and bathroom styles and features indicate that these areas have not undergone extensive modern renovations, aligning with the 'Fair' condition criteria of being aged but maintained with functional yet outdated major components.
Pros & Cons

Pros

Exceptional Community Amenities & Location: The property boasts an unbeatable location with a short walk to Rancho Santa Margarita Lake, scenic walking paths, shopping, dining, the Lake Association pool, tennis courts, parks, and recreation, offering a vibrant lifestyle.
Ground Floor Accessibility: Situated on the first floor with no steps, this unit provides excellent accessibility and convenience, appealing to a wide range of buyers including seniors or those with mobility considerations.
Turnkey Condition: Featuring fresh interior paint, stylish laminate and tile flooring, and included major appliances (washer, dryer, refrigerator), the condo is move-in ready, minimizing immediate buyer expenses.
Covered Parking: The inclusion of a dedicated covered parking space adds significant convenience and protection for the vehicle, a valuable asset in a condominium complex.
Versatile Buyer Appeal: The property is explicitly marketed as a fantastic opportunity for first-time buyers, those looking to downsize, or investors, indicating broad market appeal.

Cons

Compact Living Space: At 618 square feet, the 2-bedroom unit offers a relatively small living area, which may feel cramped for some occupants or limit functionality for those requiring more space.
High Monthly Association Fee: The substantial $495 monthly association fee adds a significant recurring cost to homeownership, potentially impacting affordability and overall investment returns.
Limited Bathroom Count: The property features only one bathroom for a two-bedroom layout, which can be inconvenient for multiple residents or when entertaining guests.

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