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8 San Ricardo, Rancho Santa Margarita, CA 92688
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8 San Ricardo Rancho Santa Margarita, CA 92688

$1,235,000
  • 3 Beds
  • 2.5 Baths
  • 1,693 Sq.Ft.
For Sale
$1,235,000 Get Pre-Qualified
Map preview of 8 San Ricardo, Rancho Santa Margarita, CA 92688

Property Overview: 8 San Ricardo Rancho Santa Margarita, CA has 3 bedrooms, 2.5 bathrooms, 1,693 living square feet and 4,400 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Tucked away at the end of a tranquil cul-de-sac, this property is grounded by the surrounding landscaping and its distant hillside views. The home sits elevated and is perched out over the Saddleback Mountain Range. It uses verticality to optimize the views outward and increase opportunities to bring natural light deeper into the interior. Complemented by its California Spanish exterior, the property's curb appeal stays away from trends and sticks to a timeless and classic design to the region. Inside, this functional layout is comprised of three bedrooms and two and half baths, along with a collection of formal and informal areas for dining, relaxation, and entertaining. The kitchen is a pivotal setting for entertaining, with its eat-in breakfast bar and open access to both living and dining areas, its location and flow act as the center of the home. With the Californian climate being so conducive to being outdoors, reinforcing an inside-outside connection was crucial for the owners. Outside is where they spent many of their evenings. Whether it was entertaining friends and family or simply relaxing while enjoying the expansive views, the backyard plays a much larger role for this property than in a typical home. On the second floor, the primary suite takes full advantage of the views below. It features a sizable walk-in closet, an updated en-suite, and a fully permitted extension that acts as the owner's personal office. Enjoy the solitude of this idyllic property while being just moments away from the vibrant life and all the unprecedented amenities that this community has to offer.

Listed by Shant Kizirian | BRE #02083639 | Pacific Sotheby's Int'l Realty
Co-listed by Sean Stanfield | BRE #01024996 | Pacific Sotheby's Int'l Realty
Last checked: 9 minutes ago | Last updated: July 4th, 2024 | Source CRMLS | DOM: 2
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Home details

Lot Sq. Ft
4,400
HOA Dues
$257/mo
Year built
1990
Garage
2 Car
Property Type:
Single Family Home
Status
Active
MLS#
OC24129615
City
Rancho Santa Margarita
County
Orange
Time on Site
3 days

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Property Details for 8 San Ricardo

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Individual Room
Fireplace Information
  • Has Fireplace
  • Living Room
Room Information
  • Downstairs Bedrooms: 0
  • Downstairs Bathrooms: 1
  • Eating Area: Breakfast Counter / Bar, Dining Room
  • Flooring: Carpet, Tile
  • All Bedrooms Up, Family Room, Kitchen, Laundry, Living Room, Primary Suite, Walk-In Closet
Kitchen Information
  • Has Appliances
  • Dishwasher, Gas Oven, Microwave, Refrigerator, Water Heater
  • Kitchen Open to Family Room, Remodeled Kitchen
Bathroom Information
  • # of Baths (Full): 2
  • # of Baths (1/2): 1
Interior Features
  • High Ceilings, Open Floorplan, Recessed Lighting
  • Levels: Two
  • Window Features: Double Pane Windows
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
Exterior Features
Exterior Information
  • Roof: Spanish Tile
  • Has Fence
  • Wrought Iron
  • Has Spa
  • Spa Features: Association, Community
Exterior Features
  • Has Patio
  • No Pool
  • Pool Features: Association, Community
  • Concrete, Patio Open
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 4
  • Has Parking
  • Parking Features: Direct Garage Access, Driveway
  • Has Attached Garage
Lot Information
  • Lot Features: Back Yard, Front Yard
  • Lot Size Source: Assessor
  • Common Interest: Planned Development
Property Information
  • Has View
  • View: Canyon, City Lights, Hills, Mountain(s), Neighborhood, Panoramic
  • Common Walls: No Common Walls
  • Total # of Units: 1
  • Parcel Number: 80518221
  • Year Built Source: Public Records
  • Architectural Style: Spanish
  • Entry Level: 1
  • Foundation Details: Slab
  • Property is not Attached
  • Accessibility Features: None
  • Offered With Property: Refrigerator, Oven, Dishwasher, Microwave, Washer, & Dryer.
  • Property Condition: Turnkey, Updated/Remodeled
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Part of Association
  • Association Name: Optimum
  • Association Fee: $176 (Monthly)
  • Second Association Fee: $81 (Monthly)
  • Association Amenities: Pool, Spa/Hot Tub, Picnic Area, Playground
  • Total Average Monthly Fee: $257
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
Assessment Information
  • No Assessments
  • Assessments: None
Schools
School Information
  • Elementary School: Arroyo Vista
  • Elementary School: ARRVIS
  • High School: Tesoro
  • High School: TESERO
  • High School District: Capistrano Unified
Location / Neighborhood
Location Information
  • Subdivision Name: Arroyo Vista (AV)
  • Directions: From the I-5 South: 1) Exit Alicia Pkwy. 2) L onto Santa Clara. 3) R onto San Particio. 4) L onto San Pedro 5) R onto San Ricardo 6) Arrive at 8 San Ricardo, Rancho Santa Margarita.
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Curbs, Park, Sidewalks, Street Lights, Suburban
View more facts & features

Local Rancho Santa Margarita Agent

Sale History for 8 San Ricardo

Last sold for $500,000 on June 30th, 2009

  • July, 2024

  • Jul 3, 2024

    Date

    Active

    CRMLS: OC24129615

    $1,235,000

    Price

  • June, 2009

  • Jun 30, 2009

    Date

    Sold (Public Records)

    Public Records

    $500,000

    Price

  • October, 1999

  • Oct 29, 1999

    Date

    Sold (Public Records)

    Public Records

    $262,000

    Price

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Tax History for 8 San Ricardo

Assessed Value (2020): $600,215
Year Land Value Improved Value Assessed Value
2020 $397,394 $202,821 $600,215

Home Value Compared to the Market

This property vs the competition

8 San Ricardo is listed 23.62% higher than the median list price for the city of Rancho Santa Margarita which has a median list price of $999,000. The median price per/sqft for Rancho Santa Margarita is $616 and this home is listed at $729.47 per/sqft which puts the price per square foot 18.42% higher than the median price per square foot for the city of Rancho Santa Margarita.

About 8 San Ricardo

Detailed summary of property

8 San Ricardo is a single family home located in Rancho Santa Margarita, CA 92688 and is currently for sale. This house offers 3 bedrooms, 2.5 bathrooms, roughly 1,693 living square feet, and sits on an approximately 4,400 square foot lot. 8 San Ricardo was first listed on ArdentRealEstateGroup.com on July 2, 2024. The homeowner is currently asking $1,235,000. The median priced home in Rancho Santa Margarita is $999,000 with a median price per square foot of $616. Based on Ardent Real Estate Group's Rancho Santa Margarita Market Data, this home is listed 23.62% higher than the median priced home. Local competing homes currently for sale include 21655 Temescal Canyon Rd, 11722 Oakton Way and 91 Stanford Court #62. This home does have a Homeowners Association and the monthly fee is $257 per month. While the average home in Rancho Santa Margarita, CA is selling in 47 days, 8 San Ricardo has a days on market of 2 days. There are currently 99 homes for sale in the Rancho Santa Margarita real estate market and 48 of them are single family homes while 42 of them are condos and 9 are townhomes. For more information on this home for sale at 8 San Ricardo Rancho Santa Margarita, CA 92688 contact Ardent Real Estate Group and we will put you in touch with one of our Rancho Santa Margarita agents.

Public Facts for 8 San Ricardo

Public county record property details
Beds
3
Baths
2
Year built
1990
Sq. Ft.
1,693
Lot Size
4,400
Stories
--
Type
Single Family Residential
Pool
No
Spa
No
County
Orange
Lot#
29
APN
805-182-21

The source for these homes facts are from public records.

92688 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$849,000
Median List Price/Sq.Ft.
$626
Median Sold Price
$890,000
Median Sold Price/Sq.Ft.
$668
Total Inventory
81
Median Sale to List Price %
101.71%
Avg Days on Market
12
Loan Type
Conventional (62.16%), FHA (5.41%), VA (0%), Cash (21.62%), Other (10.81%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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