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61 Tierra Montanosa, Rancho Santa Margarita, CA 92688

$750K2bd · 2ba · 1,164 sqft
Lot 17,217 sqft•HOA $510/mo•Condominium•
Active
•53d on market•MLS# OC-26182478

Property Description

Tucked into one of Rancho Santa Margarita’s most desirable neighborhoods, this beautifully positioned corner townhome offers the perfect combination of comfort, style, and convenience. Filled with natural light from an abundance of windows, the open-concept floor plan is enhanced by soaring vaulted ceilings that create a bright, spacious atmosphere. The inviting living room features a cozy fireplace and seamlessly flows into the dining area and kitchen, making it ideal for both everyday living and entertaining. A versatile loft provides the flexibility for a home office, media room, or creative retreat, while the expansive wraparound balcony offers the perfect place to enjoy morning coffee, dine outdoors, or host friends with plenty of room for seating and a barbecue. The private primary suite features vaulted ceilings, generous closet space, and an en-suite bath with dual vanities. Ideally located across from Melinda Heights Elementary and just moments from community pools, parks, tennis and basketball courts, sports fields, hiking trails, shopping, and dining, this home delivers the exceptional Southern California lifestyle that Rancho Santa Margarita is known for.

Features & Amenities

FeeBuilt 1996

Property Details

Land Type
Fee
Year Built
1996
Property Type
Residential
Property Subtype
Condominium
Parking Spaces
2
Garage Spaces
2
Cooling
Central Air
View
None
Flooring
Vinyl, Laminate
City
Rancho Santa Margarita
Zip Code
92688
County
Orange
Listed byUnknown Office, Maryam Hormati

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$3,792.41
Principal & Interest
Loan Amount
$600,000
Total Interest
$765,267
Total Payment Over 30 Years
$1,365,267
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

61 Tierra Montanosa, Rancho Santa Margarita, CA 92688

Rancho Santa Margarita · Condominium

$750K
Affordable Tier
Beds
2
Baths
2
Sqft
1,164
Lot
17,217 sqft
Year
1996
$/Sqft
$644
Pool: Yes✓
Spa: Yes✓
View: None✓
Garage: 2-car✓

Listed 9.5% above the median closed sale of $685,000. Price per sqft ($644) is a 13% premium to closed comps ($569).

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $750K· $644/sqft
Total list price
Closed comps
vs closed median $685K
+$65K (+9.5%)
Active comps
vs active median $695K
+$55K (+7.9%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $648
−$4 (−0.6%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
2 DianthusRancho Santa Margarita1988221,0240$683$699,900293
103 Camino Del OroRancho Santa Margarita1991221,11025,172$626$695,0001491
2 PrimulaRancho Santa Margarita1989221,0249,511$673$689,000191
42 Via ContentoRancho Santa Margarita1990221,11792,527$590$659,000588
7 Pasto RicoRancho Santa Margarita1989231,0910$669$729,9886687
Total: 5 · Average2.02.21,073.242,403.333$648.2$694,577.617.6
Median1,091$695,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
59 Via CordobaRancho Santa Margarita199409/16/2026221,31819,500$699,000$705,000$5351.017594
73 Camino Del OroRancho Santa Margarita199209/29/2026221,22525,172$699,000$695,000$5670.995691
2 CarmesiRancho Santa Margarita198909/22/2026221,0490$630,000$625,000$5960.998891
25 Paseo EstrellasRancho Santa Margarita199510/01/2026231,23113,395$699,000$685,000$5560.984790
110 TimbreRancho Santa Margarita199309/21/2026229906,253$575,000$586,000$5921.023887
Total: 5 · Average2.02.21,162.616,080$659,200$659,200$569.2—60.8
Median1,225$685,000$685,000

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.