8 Tradition, Rancho Santa Margarita, California 92688, Rancho Santa Margarita, - bed, bath

home-pic
ACTIVE$1,175,000
8 Tradition, Rancho Santa Margarita, California 92688
4Beds
3Baths
1,835Sqft
3,191Lot
Year Built
1998
Close
-
List price
$1.18M
Original List price
$1.18M
Price/Sqft
-
HOA
$135
Days on market
-
Sold On
-
MLS number
OC25241378
Home ConditionGood
Features
Good View: Neighborhood
Patio
ViewNeighborhood

About this home

Welcome to 8 Tradition Lane, a well-maintained two-story home located in the desirable Las Flores community of Rancho Santa Margarita. The main level features wood flooring, crown molding, and a light-filled living room with a fireplace. The kitchen includes granite countertops, stainless steel appliances, and plenty of storage, opening to a casual dining area and family room with access to the backyard. Upstairs, you’ll find all four bedrooms, including the primary suite with vaulted ceilings, a walk-in closet, and bathroom with updated vanity with dual sinks, a soaking tub, and a separate shower. The secondary bedrooms are comfortably sized, and the full hallway bath has also been updated with modern finishes. Outside, the backyard offers easy to maintain landscaping, along with a covered patio area. The extended driveway is ideal for extra parking or a safe play space. Additional highlights include inside laundry, double-pane windows with shutters, and direct access to the attached two-car garage. Just a short distance to Las Flores Elementary and Middle Schools, local parks, trails, and community amenities like the pool, spa, and playgrounds.

Nearby schools

7/10
Las Flores Elementary School
Public,K-50.1mi

Price History

Date
Event
Price
10/23/25
Listing
$1,175,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (99 Listings)
Beds44
50%
Baths33
50%
Square foot1,8351,977
44%
Lot Size3,1914,501
10%
Price$1.18M$1.26M
38%
Price per square foot$640$640
50%
Built year19989970997
92%
HOA$135$87
69%
Days on market13164
1%
Condition Rating
Good

Built in 1998, this home is 26 years old, but it has undergone significant updates that place it firmly in the 'good' category. The kitchen features granite countertops and stainless steel appliances, along with modern pendant lighting, indicating a renovation within the last 5-15 years. Both the primary and secondary bathrooms have been updated with modern finishes and vanities. The main living areas boast attractive wood flooring, and the property is described as well-maintained with double-pane windows and shutters. While some ceiling fans appear to be an older style, the critical areas of the kitchen and bathrooms are move-in ready with no immediate renovation required.
Pros & Cons

Pros

Exceptional Community & School Access: Located in the desirable Las Flores community, offering immediate access to highly-rated elementary and middle schools (7/10 rating) and a wealth of community amenities including pools, spas, and playgrounds.
Tastefully Updated Interiors: Features include elegant wood flooring, crown molding, a modern kitchen with granite countertops and stainless steel appliances, and updated bathrooms, including a primary suite with dual sinks and a soaking tub.
Practical & Family-Oriented Layout: A well-designed two-story floor plan with four upstairs bedrooms, inside laundry, and an attached two-car garage, catering well to family living.
Low-Maintenance Outdoor Space: The backyard boasts easy-to-maintain landscaping and a covered patio, ideal for outdoor enjoyment without extensive upkeep.
Enhanced Comfort & Convenience: Benefits from double-pane windows with shutters for energy efficiency and an extended driveway providing additional parking or play area.

Cons

Modest Lot Size: The 3,191 sqft lot is relatively compact, potentially limiting options for extensive outdoor activities or future expansion for some buyers.
Above Estimated Market Value: The current list price is approximately 7% higher than the property's estimated value, which may require justification or negotiation to attract buyers.
Ongoing Association Fees: A monthly HOA fee of $135 adds to the recurring costs of homeownership, which could be a consideration for budget-conscious buyers.

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