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1 Baya, Rancho Santa Margarita, CA 92688

$570K2bd · 2ba · 1,047 sqft
Lot 50,553 sqft•HOA $756/mo•Condominium•
Active
•98d on market•MLS# OC-26146604

Property Description

Discover this beautiful 2-bedroom, 2-bathroom lower-level condo located in the highly desirable city of Rancho Santa Margarita. Offering privacy, comfort, and convenience, this private end-unit home features two patios, an attached 1-car garage with direct interior access, and one dedicated carport space. Inside, you’ll find a bright and open floor plan with afternoon natural light, plantation wood shutters, elegant tile flooring, and laminate wood-style flooring. The inviting family room includes a cozy fireplace and flows seamlessly into the kitchen and dining area, making it ideal for everyday living and entertaining. Recent upgrades include dining area lighting and a newer dishwasher, central air conditioning. Both bedrooms are generously sized and offer large closets. The individual laundry room adds everyday practicality, while the spacious primary suite provides a true retreat with two closets and a primary bathroom featuring a large vanity and makeup area. There may also be potential to expand the bathroom layout with a freestanding tub, if desired. The community offers an association pool, perfect for warmer summer days. Enjoy an exceptional location just minutes from the toll road, shopping, dining, Tijeras Creek Golf Course, and top-rated schools. Additional benefits include a low tax rate and no Mello-Roos.

Features & Amenities

FeeBuilt 1990

Property Details

Land Type
Fee
Year Built
1990
Property Type
Residential
Property Subtype
Condominium
Parking Spaces
2
Garage Spaces
1
Heating
Central
Cooling
Central Air
View
None
Flooring
Laminate, Tile
Roof
Spanish Tile
City
Rancho Santa Margarita
Zip Code
92688
County
Orange
Listed byUnknown Office, Erik Kaiser

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$2,882.22
Principal & Interest
Loan Amount
$455,999
Total Interest
$581,602
Total Payment Over 30 Years
$1,037,601
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

Affordable Tier · 5 active · 5 closed

1 Baya, Rancho Santa Margarita, CA 92688

Rancho Santa Margarita · Condominium

$570K
Affordable Tier
Beds
2
Baths
2
Sqft
1,047
Lot
1.16 ac
Year
1990
$/Sqft
$544
Pool: Yes✓
Spa: Yes✓
View: golf✓
Garage: 1-car✓

Listed 8.8% below the median closed sale of $625,000. Price per sqft ($544) is a 11% discount to closed comps ($612). Closed comps sold at 103% of list — strong seller's market.

Price Position

Priced below the market — value advantage over the field.

Price advantage
Subject listed at $570K· $544/sqft
Total list price
Closed comps
vs closed median $625K
−$55K (−8.8%)
Active comps
vs active median $669K
−$99K (−14.8%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $667
−$123 (−18.4%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
8 DoradoRancho Santa Margarita1989221,05052,155$643$675,0005395
2 DianthusRancho Santa Margarita1988221,0240$683$699,900293
30 LeonadoRancho Santa Margarita19892287652,155$672$589,0002791
18 Montana Del LagoRancho Santa Margarita19922282752,296$689$569,995389
229 Pasto RicoRancho Santa Margarita1989221,032107,098$648$669,0003989
Total: 5 · Average2.02.0961.865,926$667$640,57924.8
Median1,024$669,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
2 CarmesiRancho Santa Margarita198909/22/2026221,0490$630,000$625,000$5960.998896
6 LeonadoRancho Santa Margarita198909/01/2026221,10262,246$628,000$625,000$5670.994793
18 MarinoRancho Santa Margarita198910/09/2026228880$614,900$650,000$7321.063691
10 GeraniumRancho Santa Margarita198608/28/2026221,01930,296$499,990$549,000$5391.102889
54 Via ContentoRancho Santa Margarita199010/01/20262297192,527$599,000$610,000$6281.021989
Total: 5 · Average2.02.01,005.861,689.667$611,800$611,800$612.4—43.6
Median1,019$625,000$625,000

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.