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15 Legacy Way, Rancho Santa Margarita, CA 92688

$1.05M4bd · 3ba · 1,689 sqft
Lot 3,120 sqft•HOA $118/mo•Single Family Residence•
Active
•60d on market•MLS# OC-26191189

Property Description

Beautiful single-family home superbly located in the Traditions community in the highly desirable Las Flores area, situated on an elevated lot backing to a greenbelt, with no one behind, and within walking distance of Oak Tree Park and Pool, and Las Flores K-8 School. Well-maintained Spanish influenced exterior architecture and manicured landscaping welcome you to the home. Step inside and soak in the sleek laminate floors, recessed lighting, built-in surround sound system, and a freshly painted neutral interior setting the stage for a superb living environment. The living area features a tempered glass fireplace and built-in media nooks providing a cozy gathering space. The dining area is open to the kitchen and to the living room, with direct access through sliding doors to the backyard and patio providing an ideal indoor-outdoor living space for entertaining friends and family. The spacious kitchen features warm cabinetry, Granite countertops, Stainless-Steel appliances including a new dishwasher, and a center prep island. This well-designed floor plan includes a highly sought-after main level bathroom with walk-in shower and a bonus room with vaulted ceilings and built-in cabinetry and workstation, perfect for an executive home office and can easily be converted into a 4th bedroom. Travel upstairs to the Primary Bedroom Suite which features vaulted ceilings, a walk-in closet, an en-suite primary bathroom with dual vanities, and a private view balcony perfect for an evening glass of wine while enjoying sunsets and rolling hill views. Upstairs also includes a guest bedroom suite with mirrored closet doors, laminate floors, and a full en-suite bathroom. In addition, the second level open loft space was previously converted to a spacious 3rd bedroom addition completed with permits. You will love the convenience of the upstairs laundry room with full-size appliance hook-ups and linen cupboards. The backyard is a private oasis with a spacious patio with seating areas and a drought conscious cactus garden framed by glass fencing overlooking a lush greenbelt providing an ideal environment for entertaining, relaxing, and enjoying the panoramic mountain and hills views. Features include Solar System, direct access 2 gar garage with EV Car Charger, upgraded window blinds throughout, updated carpets, and outdoor motion center lighting. Located close to shopping and dining, Tesoro High, local parks, nearby hiking and biking trails, and easy 241 Toll Road Access.

Features & Amenities

FeeBuilt 1998

Property Details

Land Type
Fee
Year Built
1998
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
4
Garage Spaces
2
Heating
Forced Air
Cooling
Central Air
View
Canyon, Hills, Mountain(s), Park/Greenbelt, Trees/Woods
Flooring
Carpet, Laminate
Roof
Spanish Tile
City
Rancho Santa Margarita
Zip Code
92688
County
Orange
Listed byRegency Real Estate Brokers, Jordan Bennett

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$5,309.37
Principal & Interest
Loan Amount
$840,000
Total Interest
$1,071,374
Total Payment Over 30 Years
$1,911,374
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

15 Legacy Way, Rancho Santa Margarita, CA 92688

Rancho Santa Margarita · Single Family Residence

$1.05M
Residential Tier
Beds
4
Baths
3
Sqft
1,689
Lot
3,120 sqft
Year
1998
$/Sqft
$622
Pool: No✓
Spa: No✓
View: mountain✓
Garage: 2-car✓

Listed 8.7% below the median closed sale of $1,150,000. Price per sqft ($622) is a 11% discount to closed comps ($696). Closed comps sold at 100% of list — strong seller's market.

Price Position

Priced below the market — value advantage over the field.

Price advantage
Subject listed at $1.05M· $622/sqft
Total list price
Closed comps
vs closed median $1.15M
−$100K (−8.7%)
Active comps
vs active median $1.07M
−$25K (−2.3%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $681
−$59 (−8.7%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
27 TraditionRancho Santa Margarita1998331,7412,805$659$1.15M9486
56 Acorn RidgeRancho Santa Margarita1997331,5004,672$717$1.07M3080
12 Willowbrook LnRancho Santa Margarita1996331,4704,278$701$1.03M5777
4 Via JacintoRancho Santa Margarita1994331,7233,600$690$1.19M5672
23764 VILLENAMission Viejo1981321,4723,478$639$940,0001667
Total: 5 · Average3.02.81,581.23,766.6$681.2$1.08M50.6
Median1,500$1.07M

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
20 Wild Lilac LaneRancho Santa Margarita199802/17/2026431,7033,366$1.19M$1.19M$6971.002791
8 TraditionRancho Santa Margarita199812/12/2025431,8353,191$1.18M$1.15M$6240.975684
15 TanglewoodRancho Santa Margarita199602/23/2026431,7022,576$1.15M$1.15M$6761.005183
44 Willowbrook LaneRancho Santa Margarita199706/25/2026331,3973,312$1.13M$1.13M$8091.005082
27 Acorn RidgeRancho Santa Margarita199706/01/2026431,7022,576$1.12M$1.15M$6761.033781
Total: 5 · Average3.83.01,667.83,004.2$1.15M$1.15M$696.4—44.2
Median1,702$1.15M$1.15M

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.