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28 Pica Flor #44, 44, Rancho Santa Margarita, CA 92688

$499K2bd · 2ba · 882 sqft
Lot 50,378 sqft•HOA $399/mo•Condominium•
Active
•42d on market•MLS# PW-26205902

Property Description

Ground floor unit in the desirable Las Flores II Community. Walking distance to top rated schools, O'Neil Regional Park, Rancho Santa Margarita Lake, shops, and restaurants. Residents enjoy access to the SAMLARC beach club, pools, and tennis courts. This home features spacious patio facing the trees, not neighbors; laminate wood floors, a master bedroom with its own private bathroom and vanity, and both bedrooms offers plenty of closet storage. An assigned carport and one parking permit are included. NOTE: Feel free to park on the street or use covered carport #44.

Features & Amenities

FeeBuilt 1987

Property Details

Land Type
Fee
Year Built
1987
Property Type
Residential
Property Subtype
Condominium
Parking Spaces
2
Garage Spaces
0
Cooling
Central Air
View
Trees/Woods
Flooring
Laminate
City
Rancho Santa Margarita
Zip Code
92688
County
Orange
Listed byElite Homes Realty, Hector Coromac

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$2,523.22
Principal & Interest
Loan Amount
$399,200
Total Interest
$509,158
Total Payment Over 30 Years
$908,358
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

28 Pica Flor #44, 44, Rancho Santa Margarita, CA 92688

Rancho Santa Margarita · Condominium

$499K
Affordable Tier
Beds
2
Baths
2
Sqft
882
Lot
1.16 ac
Year
1987
$/Sqft
$566
Pool: No✓
Spa: No✓
View: Trees/Woods✓

Listed 8.4% below the median closed sale of $545,000. Closed comps sold at 102% of list — strong seller's market.

Price Position

Priced below the market — value advantage over the field.

Price advantage
Subject listed at $499K· $566/sqft
Total list price
Closed comps
vs closed median $545K
−$46K (−8.4%)
Active comps
vs active median $460K
+$39K (+8.5%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $721
−$155 (−21.5%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
18 Montana Del LagoRancho Santa Margarita19922282752,296$689$569,9952592
9 De LinoRancho Santa Margarita19881167862,246$678$460,0002887
31 GavilanRancho Santa Margarita1987216180$727$448,99914686
7 VIA CRESTARancho Santa Margarita198821668668$659$439,90023078
55 Via CrestaRancho Santa Margarita19891154772,008$850$465,0004777
Total: 5 · Average1.61.2667.646,804.5$720.6$476,778.895.2
Median668$460,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
42 PicazoRancho Santa Margarita198704/17/2026227730$515,000$515,000$6661.005393
82 Montana Del LagoRancho Santa Margarita199008/27/20262288651,394$499,000$550,000$6211.105792
1 Via SinceraRancho Santa Margarita198608/19/20262293928,554$549,000$550,000$5861.005588
20 Via MesetaRancho Santa Margarita198911/26/2025228080$545,000$545,000$6751.0014788
7 SilktasselRancho Santa Margarita198909/18/20262178128,835$440,000$448,000$5741.0227087
Total: 5 · Average2.01.8837.436,261$521,600$521,600$624.4—116.4
Median808$545,000$545,000

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.