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27 Tradition, Rancho Santa Margarita, CA 92688

$1.15M3bd · 3ba · 1,741 sqft
Lot 2,805 sqft•HOA $118/mo•Single Family Residence•
Active
•74d on market•MLS# OC-26138710

Property Description

Welcome to Tradition Lane in the sought after Las Flores Community! This well maintained 3 Bed/3 Bath home is located in an Award Winning School District and top-rated Blue Ribbon Schools with resort like amenties. You'll enjoy parks, hiking trails, pools, spa and playgrounds. Freshly painted, the main level features an open concept kitchen with stainless steel appliances, casual dining area and TV room with a fireplace. The main level bathroom adds practicality for guests and daily use while the soaring ceilings in the living room provide a room filled with natural light, perfect for entertaining and enjoying your time at home. Upstairs you can retreat to your expansive primary bedroom and on-suite bathrom with a newly remodeled closet. Relax in the soaking tub, appreciate dual sinks and a separte shower. You will also enjoy 2 more bedrooms, a second bathroom and addiontal loft space to be used as an office, tv room or whatever suits your needs! A dedicated laundry room is conveniantly located on the 2nd floor. This amazing home is located just a short distance to Las Flores Elementary and Middle Schools.

Features & Amenities

FeeBuilt 1998

Property Details

Land Type
Fee
Year Built
1998
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
2
Garage Spaces
2
Heating
Central, Fireplace(s), Heat Pump
Cooling
Central Air, Heat Pump, High Efficiency, SEER Rated 13-15
Flooring
Vinyl, Carpet, Tile
City
Rancho Santa Margarita
Zip Code
92688
County
Orange
Listed byUnknown Office, Tonianne Southron

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$5,804.91
Principal & Interest
Loan Amount
$918,400
Total Interest
$1,171,369
Total Payment Over 30 Years
$2,089,769
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Residential Tier · 5 active · 5 closed

27 Tradition, Rancho Santa Margarita, CA 92688

Rancho Santa Margarita · Single Family Residence

$1.15M
Residential Tier
Beds
3
Baths
3
Sqft
1,741
Lot
2,805 sqft
Year
1998
$/Sqft
$659
Pool: Yes✓
Spa: Yes✓
Garage: 2-car✓

Listed 4.4% above the median closed sale of $1,100,000. Closed comps sold at 101% of list — strong seller's market.

Price Position

Aligned with the market — fair pricing for the comps.

At market
Subject listed at $1.15M· $659/sqft
Total list price
Closed comps
vs closed median $1.10M
+$48K (+4.4%)
Active comps
vs active median $1.15M
−$1K (−0.1%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $641
+$18 (+2.7%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
4 Via JacintoRancho Santa Margarita1994331,7233,600$690$1.19M3494
35 Via EncantoRancho Santa Margarita1993331,7232,800$566$975,0006593
15 Legacy WayRancho Santa Margarita1998431,6893,120$651$1.10M3889
36 AmetrineRancho Santa Margarita1999431,7583,473$654$1.15M1987
4 Velarde CourtRancho Santa Margarita1997331,8574,386$646$1.20M984
Total: 5 · Average3.43.01,7503,475.8$641.4$1.12M33
Median1,723$1.15M

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
14 Paseo VecinoRancho Santa Margarita199808/13/2026331,7353,699$1.10M$1.17M$6711.062694
45 Paseo VespertinoRancho Santa Margarita199908/07/2026331,7352,838$1.22M$1.22M$7061.005594
7 PASEO SIMPATICORancho Santa Margarita199808/14/2026331,5002,584$1.15M$1.10M$7330.9611989
24 Calle FortunaRancho Santa Margarita199608/13/2026331,5743,200$999,999$1.01M$6451.013389
2 DaybreakRancho Santa Margarita199809/01/2026331,6103,795$1.07M$1.07M$6681.003287
Total: 5 · Average3.03.01,630.83,223.2$1.12M$1.12M$684.6—53
Median1,610$1.10M$1.10M

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.