Welcome to 40 Lobelia in beautiful Rancho Santa Margarita! This remodeled home showcases thoughtful upgrades throughout, offering a perfect blend of luxury and modern living. Step inside to brand new luxury vinyl plank (LVP) flooring that runs seamlessly throughout the home. The kitchen is a chef’s dream, featuring new porcelain countertops, custom cabinetry, and newer stainless-steel appliances (all less than two years old). Both bathrooms have been fully renovated — the guest bathroom includes elegant porcelain tile floors and marble countertops, while the primary suite boasts stunning marble tile flooring, a porcelain-tiled shower, and marble countertops. Every detail has been meticulously updated: new cabinets in the kitchen and primary bedroom, new tubs, toilets, and sinks, freshly added barn doors, and a beautifully redone fireplace that creates a cozy focal point in the living area. Nearly every surface and system in the home is under two years old, making this a true turnkey opportunity. An attached and a detached garage makes parking in this lovely community a breeze. Ideally located close to RSM’s parks, shopping, dining, and award-winning schools. Come experience the perfect combination of modern updates and Southern California lifestyle — you’ll fall in love with this home!
Sold for $710,000
Listing Provided by: American Dream Team Real Estate Brokers, Inc.
Bought with: Legacy 15 Real Estate Brokers
$710,000
40 Lobelia, Rancho Santa Margarita, CA 92688
2beds
974sqft
Condominium
Built in 1989
-- sqft lot
$717,000 Zestimate®
$729/sqft
$3,400 Estimated rent
Home value
$717,000
$660,000 - $782,000
$3,400/mo
Zestimate® history
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$4,865/mo
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Custom cabinetryBeautifully redone fireplaceElegant porcelain tile floorsMarble countertopsNew porcelain countertopsNewer stainless-steel appliancesNew cabinets
Zillow last checked:
Listing updated:
Listing Provided by:
Michael Brown DRE #01782561 949-283-6322,
American Dream Team Real Estate Brokers, Inc.
Bought with:
Shawna Ramirez, DRE #01409435
Legacy 15 Real Estate Brokers
Source: CRMLS,MLS#: OC25169371
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 2
- Main level bedrooms: 2
Primary bedroom
- Features: Main Level Primary
Bedroom
- Features: Bedroom on Main Level
Bathroom
- Features: Remodeled
Kitchen
- Features: Remodeled, Updated Kitchen
Heating
- Central, Fireplace(s)
Cooling
- Central Air
Appliances
- Included: Refrigerator
- Laundry: Inside, Stacked
Features
- Bedroom on Main Level, Main Level Primary
- Has fireplace: Yes
- Fireplace features: Living Room
- Common walls with other units/homes: 2+ Common Walls,End Unit,No One Below
Interior area
- Total interior livable area: 974 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage - Attached
- Attached garage spaces: 2
Features
- Levels: One
- Stories: 1
- Entry location: front door 1st floor
- Pool features: Association
- Has view: Yes
- View description: None
Lot
- Size: 0.34 Acres
- Features: 0-1 Unit/Acre
Details
- Parcel number: 93195683
- Special conditions: Standard
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
- Attached to another structure: Yes
Condition
- Updated/Remodeled,Turnkey
- New construction: No
- Year built: 1989
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Community
- Community features: Curbs, Sidewalks
Location
- Region: Rancho Santa Margarita
- Subdivision: Brisa Del Lago Ii (Bdii)
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $470 monthly
- Amenities included: Pool, Spa/Hot Tub, Trash
- Association name: Brisa Del Lago II
- Association phone: 949-330-6350
- Second HOA fee: $87 monthly
- Second association name: Samlarc
- Second association phone: 949-709-0010
Other
Other facts
- Listing terms: Cash,Conventional,VA Loan
Price history
| Date | Event | Price |
|---|---|---|
| 9/11/2025 | Sold | $710,000-2.6%$729/sqft |
Source:  CRMLS #OC25169371 Report a problem | ||
| 8/29/2025 | Contingent | $729,000$748/sqft |
Source: CRMLS #OC25169371 Report a problem | ||
| 7/28/2025 | Listed for sale | $729,000$748/sqft |
Source: CRMLS #OC25169371 Report a problem | ||
| 7/26/2025 | Listing removed | $729,000-1.5%$748/sqft |
Source:  SDMLS #OC25085637 Report a problem | ||
| 6/23/2025 | Listed for sale | $740,000+39.1%$760/sqft |
Source: SDMLS #OC25085637 Report a problem | ||
| 4/20/2023 | Sold | $532,000+123.1%$546/sqft |
Source: Public Record Report a problem | ||
| 12/1/2011 | Listing removed | $238,500$245/sqft |
Source: CENTURY 21 Award #S662260 Report a problem | ||
| 8/30/2011 | Price change | $238,500-2.7%$245/sqft |
Source: CENTURY 21 Award #S662260 Report a problem | ||
| 6/12/2011 | Listed for sale | $245,000$252/sqft |
Source: Award, Inc #S662260 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,780 +1.8% | $553,492 +2% |
| 2024 | $5,680 -6.9% | $542,640 +188.8% |
| 2023 | $6,100 +230.5% | $187,863 +2% |
| 2022 | $1,846 +35.6% | $184,180 +2% |
| 2021 | $1,361 -24.1% | $180,569 +1% |
| 2020 | $1,793 | $178,718 +2% |
| 2019 | $1,793 -3.7% | $175,214 +2% |
| 2018 | $1,863 +2.3% | $171,779 +2% |
| 2017 | $1,820 | $168,411 +2% |
| 2016 | $1,820 -13.2% | $165,109 +1.5% |
| 2015 | $2,098 -2.4% | $162,629 +2% |
| 2014 | $2,149 | $159,444 +0.5% |
| 2013 | -- | $158,724 +2% |
| 2012 | -- | $155,612 +2% |
| 2011 | -- | $152,561 +0.8% |
| 2010 | -- | $151,421 -0.2% |
| 2009 | -- | $151,781 +2% |
| 2008 | -- | $148,805 +2% |
| 2007 | -- | $145,888 +2% |
| 2006 | -- | $143,028 +2% |
| 2005 | -- | $140,224 +2% |
| 2004 | -- | $137,475 +1.9% |
| 2003 | -- | $134,956 +2% |
| 2002 | -- | $132,310 +2% |
| 2001 | $1,958 +0.3% | $129,716 +2% |
| 2000 | $1,952 | $127,173 |
Find assessor info on the county website
Neighborhood: 92688
Nearby schools
GreatSchools rating
- 7/10Trabuco Mesa Elementary SchoolGrades: K-6Distance: 0.4 mi
- 7/10Rancho Santa Margarita Intermediate SchoolGrades: 7-8Distance: 0.9 mi
- 10/10Trabuco Hills High SchoolGrades: 9-12Distance: 3.8 mi
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Estimated market value
$717,000
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Estimated market value
$717,000
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