74 Flor De Sol 53, Rancho Santa Margarita, California 92688, Rancho Santa Margarita, - bed, bath
ACTIVE$499,900
74 Flor De Sol 53, Rancho Santa Margarita, California 92688
2Beds
2Baths
800Sqft
68,707Lot
Year Built
1986
Close
-
List price
$500K
Original List price
$500K
Price/Sqft
-
HOA
$420
Days on market
-
Sold On
-
MLS number
CV25216085
Home ConditionFair
Features
View-
About this home
Price History
Date
Event
Price
09/12/25
Listing
$499,900
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (103 Listings) | |
|---|---|---|---|
| Beds | 2 | 2 | 50% |
| Baths | 2 | 2 | 50% |
| Square foot | 800 | 1,026 | 17% |
| Lot Size | 68,707 | 31,622 | 68% |
| Price | $500K | $657K | 15% |
| Price per square foot | $625 | $662.5 | 33% |
| Built year | 1986 | 9945995 | 19% |
| HOA | $420 | $452 | 38% |
| Days on market | 53 | 172 | 4% |
Condition Rating
Fair
The property was built in 1986, making it 38 years old. The exterior, as seen in the images, shows dated aesthetics with older paint colors, an outdated light fixture, and stained concrete, suggesting regular upkeep but no recent major renovations. While interior details for the kitchen and bathrooms are not provided, the age of the property and visible exterior elements strongly indicate that these areas would likely be original or have older renovations, requiring minor updates to meet current standards. This aligns with the 'Fair' criteria for properties built 25-40 years ago with no major renovations, where major components are functional but show signs of being outdated.
Pros & Cons
Pros
Desirable Location: Situated in Rancho Santa Margarita, a sought-after Orange County city, within the 'Summit at Las Flores' subdivision, offering a desirable community environment.
Competitive Price Point: Listed at $499,900, this 2-bedroom, 2-bathroom condominium presents a relatively accessible entry point into the Orange County real estate market.
Functional Layout: The 2-bed, 2-bath configuration within 800 sqft provides a practical and efficient living space, suitable for individuals, couples, or small families.
Low Maintenance Living: As a condominium, the property offers the benefit of reduced exterior maintenance for the owner, with common area upkeep typically handled by the HOA.
Reputable School District: Located within the Saddleback Valley Unified High School District, which is generally well-regarded, adding to its appeal for families.
Cons
High Monthly HOA Fee: A significant association fee of $420.0 per month adds a substantial recurring cost to homeownership, impacting overall affordability and cash flow.
Compact Square Footage: With only 800 sqft, the living space is quite compact for a 2-bedroom, 2-bathroom unit, which may feel restrictive for some buyers.
Original Construction Age: Built in 1986, the property's systems and components (e.g., plumbing, electrical, HVAC) may be original and nearing the end of their useful life, potentially requiring future updates or repairs.