73 Gaviota, Rancho Santa Margarita, California 92688, Rancho Santa Margarita, - bed, bath

home-pic
ACTIVE$505,000
73 Gaviota, Rancho Santa Margarita, California 92688
2Beds
1Bath
618Sqft
750Lot
Year Built
1988
Close
-
List price
$505K
Original List price
$520K
Price/Sqft
-
HOA
$270
Days on market
-
Sold On
-
MLS number
LG25219045
Home ConditionExcellent
Features
Patio
View-

About this home

UPGRADES GALORE!!!! Step into pure sophistication at 73 Gaviota, a completely turnkey 2-bedroom, 1-bath condo in the heart of Rancho Santa Margarita. From the moment you walk in, you’ll feel like you’ve entered the pages of a design magazine. The home has been thoughtfully upgraded with stunning quartz countertops, wide-plank luxury vinyl flooring, and modern finishes throughout, creating a fresh and inviting space that is both stylish and functional. Dual pane windows, plantation shutters, and plenty of natural light. The open-concept living and dining area is highlighted by abundant natural light, while the sleek kitchen is perfect for everyday living or entertaining. Both bedrooms offer comfort and privacy, with the primary suite featuring a beautifully updated bathroom and ample closet space. Every detail has been curated with a designer’s touch, so all you need to do is move right in and enjoy. Relax on your private patio, explore the nearby trails and parks, or take advantage of Rancho Santa Margarita’s community amenities, including pools, tennis courts, and the lake. This is more than just a condo—it’s a lifestyle, blending modern elegance with the charm and convenience of one of Orange County’s most sought-after neighborhoods.

Price History

Date
Event
Price
10/16/25
Price Change
$505,000-2.9%
09/17/25
Listing
$520,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (103 Listings)
Beds22
50%
Baths12
23%
Square foot6181,026
8%
Lot Size75030,796
4%
Price$505K$657K
16%
Price per square foot$817$663
95%
Built year19889945995
35%
HOA$270$452
17%
Days on market49173
3%
Condition Rating
Excellent

Despite being built in 1988, this property has undergone an extensive and very recent renovation, making it feel virtually new. The description highlights 'upgrades galore' and 'modern finishes throughout,' which is strongly supported by the images. The kitchen features modern white shaker cabinets with black hardware, stunning quartz countertops, a contemporary hexagonal tile backsplash, stainless steel appliances (including a gas range and microwave), and a stylish farmhouse sink with a black faucet. Throughout the home, wide-plank luxury vinyl flooring has been installed, and recessed lighting, along with modern light fixtures in the dining area, contribute to a fresh aesthetic. The description also notes a 'beautifully updated bathroom' and dual-pane windows with plantation shutters. All these elements indicate a comprehensive renovation within the last 5 years, meeting current quality standards with no deferred maintenance, thus qualifying it as excellent.
Pros & Cons

Pros

Extensive Upgrades & Turnkey Condition: The condo boasts 'upgrades galore' including quartz countertops, wide-plank luxury vinyl flooring, and modern finishes, making it completely turnkey and ready for immediate occupancy.
Modern & Stylish Interior: Curated with a designer's touch, the interior offers a fresh, inviting, and sophisticated atmosphere, appealing to buyers seeking contemporary aesthetics.
Access to Community Amenities: Residents benefit from Rancho Santa Margarita's extensive community amenities, including pools, tennis courts, and access to the lake, enhancing lifestyle appeal.
Abundant Natural Light & Energy Efficiency: The open-concept living area is highlighted by plenty of natural light, complemented by dual-pane windows and plantation shutters, contributing to comfort and potential energy savings.
Desirable Location: Situated in the heart of Rancho Santa Margarita, a sought-after Orange County neighborhood, with nearby trails, parks, and convenient access to local attractions.

Cons

Compact Living Space: At 618 square feet, the property offers a relatively small living area for a 2-bedroom unit, which may feel restrictive for some buyers or families.
Single Bathroom: The presence of only one bathroom for a 2-bedroom condo can be a significant inconvenience, especially for multiple occupants or when entertaining guests.
Lack of Specific Views: The property explicitly states 'view: None,' which might be a drawback for buyers prioritizing scenic outlooks or panoramic vistas.

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