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Sold for $999,000
  • Listed by: HomeSmart, Evergreen Realty • Tammy Clinton • Contact: 949-753-7888
    Bought with: Regency Real Estate Brokers
    $999,000

    16 Vista Lago #22, Rancho Santa Margarita, CA 92688

    2beds
    1,408sqft
    Condominium
    Built in 1986
    -- sqft lot
    $1,013,400 Zestimate®
    $710/sqft
    $3,905 Estimated rent

    Home value

    $1,013,400

    $932,000 - $1.10M

    $3,905/mo

    Zestimate® history
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    What's special

    Lakefront homeBeautifully landscaped backyardMajestic mountain sceneryPanoramic viewsModern cabinetryOpen-concept layoutPrivacy and tranquility
    Welcome to Your Dream Lakefront Home! One of the best views in Rancho Santa Margarita! Wake up to captivating lake views and majestic mountain scenery in this beautifully renovated 2 bedroom, 2.5 bathroom condo perfectly positioned on the waterfront. Take in incredible vistas from the comfort of your home, with panoramic views that create a serene and picturesque backdrop throughout the living space. The light-filled interior features rich Brazilian oak hardwood floors downstairs, adding warmth and elegance to the open-concept layout. You'll also love the gorgeous new designer kitchen with sleek quartz countertops, stainless steel appliances, and modern cabinetry. The spacious bedrooms offer privacy and tranquility, while the bathrooms have been tastefully modernized with a fresh, contemporary feel. This secluded end-unit residence offers the privacy and feel of a detached home. Enjoy a spacious, beautifully landscaped backyard that sits just steps from the lake, showcasing picturesque views. The home also includes a generously sized attached two-car garage with ample built-in storage. As part of the vibrant Rancho Santa Margarita community, you’ll have access to exceptional amenities including the Beach Club and Lagoon, multiple resort-style pools—with one located just steps across the street, pickle-ball and basketball courts, scenic walking trails, parks, and more. Whether you're relaxing by the lake or enjoying an active lifestyle, this home has it all. Don’t miss this rare opportunity to own a move-in ready lakefront condo with unmatched views and world-class amenities!

    Zillow last checked:

    Listing updated:

    Listed by:

    Tammy Clinton DRE #01884213 tmmclinton@gmail.com,

    HomeSmart, Evergreen Realty

    Bought with:

    Ahmad Arshi, DRE #01322587

    Regency Real Estate Brokers

    Source: CRMLS,MLS#: OC25139972MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    • Main level bathrooms: 1
    Rooms
    • Room types: Bedroom, Family Room, Living Room, Primary Bedroom, Other, Dining Room
    Primary bedroom
    • Features: Primary Suite
    Bedroom
    • Features: All Bedrooms Up
    Bathroom
    • Features: Bathtub, Dual Sinks, Quartz Counters, Tub Shower
    Kitchen
    • Features: Quartz Counters
    Other
    • Features: Walk-In Closet(s)
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Free-Standing Range, Gas Cooktop, Disposal, Gas Oven, Gas Range, Microwave, Refrigerator, Water Heater
    • Laundry: In Garage
    Features
    • Breakfast Bar, Separate/Formal Dining Room, Quartz Counters, Recessed Lighting, Unfurnished, All Bedrooms Up, Primary Suite, Walk-In Closet(s)
    • Flooring: Carpet, Vinyl, Wood
    • Doors: Sliding Doors
    • Has fireplace: Yes
    • Fireplace features: Family Room
    • Common walls with other units/homes: 1 Common Wall
    Interior area
    • Total interior livable area: 1,408 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage
    • Attached garage spaces: 2
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: 1
    • Patio & porch: Patio
    • Pool features: Community, Association
    • Has spa: Yes
    • Spa features: Association, Community
    • Fencing: Wood,Wrought Iron
    • Has view: Yes
    • View description: Hills, Lake, Mountain(s), Water
    • Has water view: Yes
    • Water view: Lake,Water
    Lot
    • Features: Sprinklers In Rear, Sprinklers In Front
    Details
    • Parcel number: 93188472
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    • Attached to another structure: Yes
    Materials
    • Drywall, Stucco
    • Roof: Spanish Tile
    Condition
    • Updated/Remodeled
    • New construction: No
    • Year built: 1986

    Utilities & green energy

    • Electric: Electricity - On Property
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

    Community & HOA

    Community
    • Features: Foothills, Lake, Mountainous, Park, Suburban, Sidewalks, Pool
    • Subdivision: Floramar (Fm)
    HOA
    • Has HOA: Yes
    • Amenities included: Pool
    • HOA fee: $458 monthly
    • HOA name: Floramar
    • HOA phone: 949-716-3998
    • Second HOA fee: $87 monthly
    • Second HOA name: Samlarc
    Location
    • Region: Rancho Santa Margarita

    Financial & listing details

    • Price per square foot: $710/sqft
    • Tax assessed value: $900,000
    • Annual tax amount: $9,400
    • Date on market: 6/28/2025
    • Cumulative days on market: 3 days
    • Listing terms: Cash,Cash to New Loan,Conventional
    • Road surface type: Paved

    Price history

    DateEventPrice
    7/21/2025Sold$999,000$710/sqft
    Source: CRMLS #OC25139972 Report a problem
    7/2/2025Contingent$999,000$710/sqft
    Source: CRMLS #OC25139972 Report a problem
    6/28/2025Listed for sale$999,000+49.1%$710/sqft
    Source: CRMLS #OC25139972 Report a problem
    4/23/2025Sold$670,000+3.1%$476/sqft
    Source: Public Record Report a problem
    6/9/2004Sold$650,000$462/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$9,400 +8.8%$900,000 +9.1%
    2024$8,642 +41.1%$825,000 +40.6%
    2023$6,125 +1.7%$586,785 +2%
    2022$6,022 +13.7%$575,280 +2%
    2021$5,294 -10.7%$564,000
    2020$5,926 $564,000
    2019$5,926 -13.2%$564,000 +7.2%
    2018$6,824 +5.3%$526,320 +2%
    2017$6,480 $516,000 +12.4%
    2016$6,480 +4.6%$459,000 +13.6%
    2015$6,197 +10.7%$404,200
    2014$5,597 $404,200 +25%
    2013-- $323,360
    2012-- $323,360 -6%
    2011-- $344,000 -10.9%
    2010-- $386,000 +7.2%
    2009-- $360,000 -17.2%
    2008-- $435,000 -36.9%
    2007-- $689,785 +2%
    2006-- $676,260 +2%
    2005-- $663,000 +230.9%
    2004-- $200,343 +1.9%
    2003-- $196,672 +2%
    2002-- $192,816 +2%
    2001$2,972 -0.1%$189,036 +2%
    2000$2,974 $185,330
    Find assessor info on the county website

    Neighborhood: 92688

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • High: Trabucco Hills

    Source: CRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $1,013,400
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,013,400