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Rancho Santa Margarita, CA

$479,000

31 Gavilan 124, Rancho Santa Margarita, CA
2
Beds
1
Baths
618
Sq Ft
1987
Built
47
Days listed

About this home

Now the lowest priced two bedroom unit in RSM! Quiet interior upstairs corner unit in the highly desirable Las Flores II community—offering added privacy while being just minutes from Rancho Santa Margarita Lake, shopping, dining, parks, and highly rated schools. Now offered at an exceptional value, this light-filled 2-bedroom, 1-bath home features a remodeled kitchen with upgraded cabinetry, refreshed countertops, stove, dishwasher, microwave, stylish vinyl plank flooring throughout the main living areas, a freshly painted primary bedroom, and a smart thermostat for added comfort and efficiency. Enjoy the benefits of an upper-level location with abundant natural light, one assigned carport plus one permitted parking space, and access to resort-style community amenities including a sparkling pool and relaxing spa. Whether you're a first-time buyer, downsizing, or looking for an investment opportunity, this is your chance to own one of the best values in Rancho Santa Margarita while adding your own personal touches over time. Don't miss this opportunity to own in one of Orange County's most sought-after communities.

Facts & features

Interior
Bedrooms
2
Bathrooms
1 full
Living area
618 sq ft
Interior features
Balcony, Ceiling Fans, Quartz Counters
Appliances
Dishwasher, Gas Oven, Gas Range, Microwave, Dryer, Washer
Flooring
Laminate, Wood
Fireplace
None
Heating
Central
Cooling
Central Air
Laundry
Laundry Closet
Levels
One
Spa
Association
Exterior & lot
Lot size
0 acres
Pool
Association
View
Neighborhood
Architectural style
Mediterranean, Spanish
Year built
1987
Parking
Assigned, Carport, Detached Carport, Public, One Space, Uncovered
Parking spaces
2
Community
Area
R 1 - Rancho Santa Margarita North
County
Orange
Community features
Biking, Curbs, Dog Park, Fishing, Golf, Gutters, Hiking, Horse Trails, Lake, Street Lights, Sidewalks, Park
HOA fee
$399/mo
Listing details
Status
Active
Property type
Condominium
Days on market
47
Listed
2026-05-21
Original price
$489,000
Terms
Cash, Conventional, FHA, Submit, Va Loan
Parcel #
93195516
MLS #
OC26111683
Listed by
Jonathan Mesisca · Bullock Russell RE Services

Location

Price history

Listed
$489,000 · 2026-05-21
Price reduced
$479,000 (−$10,000)
Days on market
47
Current price
$479,000
Financing

Could this home be yours?

Estimated monthly payment
$3,005
$2,422 principal & interest · $583 taxes & insurance
$95,800
Estimate only
Loan $383,200

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What's your home worth?

Estimated value range nearby
$368,528$432,620

A rough estimate from current nearby price-per-square-foot — not an appraisal. A precise valuation considers condition, upgrades and recent sales.

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Listing data provided by CRMLS

Listing courtesy of Bullock Russell RE Services. © 2026. The multiple listing data appearing on this website is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. All data, including but not limited to all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. Last updated July 26, 2026 Equal Housing Opportunity.

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