73 Via Ermitas, Rancho Santa Margarita, California 92688, Rancho Santa Margarita, - bed, bath

home-pic
ACTIVE UNDER CONTRACT$475,000
73 Via Ermitas, Rancho Santa Margarita, California 92688
1Bed
1Bath
668Sqft
Lot
Year Built
1990
Close
-
List price
$475K
Original List price
$495K
Price/Sqft
-
HOA
$478
Days on market
-
Sold On
-
MLS number
OC25218435
Home ConditionGood
Features
Good View: Courtyard, Mountain(s), Trees/Woods
Patio
ViewCourtyard, Mountain(s), Trees/Woods

About this home

Charming single-level residence located in the scenic of Tijeras Creek Villas. A picturesque courtyard leads you to an inviting and upgraded open and light filled floor plan. The spacious living room features a stacked stone two-sided fireplace with gas logs and a French door that opens to a private, covered patio. The cheerful kitchen includes windows on two walls overlooking the private courtyard. The kitchen has been updated with white cabinetry, granite countertops, recessed lighting stainless appliances that include 5 burner gas range, microwave, dishwasher and refrigerator. The primary bedroom opens through tall sliding doors to the peaceful patio and also includes a mirrored closet with an organizer system. The remodeled bathroom features a white shaker style vanity, framed mirror, brushed fixtures and lighting plus additional cabinetry with glass doors providing additional storage. This home also offers a full-size front-loading washer and dryer (included), a hall closet, and additional storage spaces off the patio. You'll also appreciate the oversized one-car garage for even more storage with new roll up garage door, opener and walking access door. Community amenities include two pools (one with Tijeras Creek Golf Course views), a spa, sauna, and fitness center, along with full access to SAMLARC amenities such as pools, sports courts, parks, and the popular Lago Santa Margarita Beach Club with private events. Tucked in a private setting surrounded by views of trees and mountain views. with maintained landscaping and cul-de-sac location ensures a tranquil living experience. This home offers both comfort and convenience—just a short walk to the award-winning Arroyo Vista K-8 school in CA's safest city.

Price History

Date
Event
Price
10/17/25
Price Change
$475,000-4.0%
09/16/25
Listing
$494,900
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (103 Listings)
Beds12
14%
Baths12
23%
Square foot6681,026
14%
Lot Size031,622
Price$475K$657K
13%
Price per square foot$711$663
73%
Built year19909950995
59%
HOA$478$452
73%
Days on market50173
3%
Condition Rating
Good

Built in 1990, this property has undergone significant and tasteful renovations, particularly in the key areas of the kitchen and bathroom. The kitchen features updated white cabinetry, granite countertops, recessed lighting, and stainless steel appliances, giving it a modern and functional appeal. The bathroom has also been remodeled with a white shaker vanity, granite, and brushed fixtures. New LVP/laminate flooring throughout the main living areas and bedroom, along with a new garage door, further enhance its move-in ready condition. While not a brand-new construction, the extensive updates make it a well-maintained home with minimal wear and tear, fitting the 'good' category.
Pros & Cons

Pros

Comprehensive Amenities & Lifestyle: Residents benefit from extensive community amenities including multiple pools (one with golf course views), a spa, sauna, fitness center, and full access to SAMLARC amenities like the Lago Santa Margarita Beach Club, sports courts, and parks.
Turnkey Upgraded Interior: The home features a recently updated kitchen with white cabinetry, granite countertops, stainless steel appliances, a remodeled bathroom, and a charming stacked stone two-sided fireplace, offering a move-in ready experience.
Desirable Location & Setting: Situated in a tranquil cul-de-sac with views of trees and mountains, the property is within walking distance to the award-winning Arroyo Vista K-8 school and located in California's safest city.
Single-Level & Functional Layout: An inviting single-level, open, and light-filled floor plan enhances accessibility and modern living appeal, suitable for various demographics.
Private Outdoor & Ample Storage: The property includes a picturesque courtyard, a private covered patio, an oversized one-car garage with a new door, and additional storage spaces, providing valuable outdoor living and practical storage solutions.

Cons

Compact Living Space: With only 668 square feet, the property offers limited living area, which may not suit buyers seeking more expansive accommodations or those with larger household needs.
Significant Monthly HOA Dues: The $478 monthly association fee is relatively high for a 1-bedroom unit, adding a substantial recurring cost to homeownership that could impact affordability.
Recent Price Reduction: The property's recent price drop from $494,900 to $475,000 could indicate initial overpricing or challenges in market absorption at its original list price, potentially affecting perceived value.

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