PRICE IMPROVEMENT! Step into effortless Southern California living with this beautifully updated single-level home in the heart of Rancho Santa Margarita. Perfectly positioned as a bright corner unit, this 2-bedroom home offers privacy, no stairs, and a private covered patio—your own peaceful retreat for morning coffee or evening relaxation.
Inside, sunlight fills the open-concept living space, highlighting the seamless flow between the living room and kitchen. Down the hall, you’ll find two generous bedrooms and a tastefully remodeled bathroom featuring a modern walk-in shower. A convenient in-home laundry nook includes a newer washer and dryer for added ease.
This home also has a newer A/C system, stylish laminate and tile flooring, recessed lighting, and a ceiling fan—all framed by a storybook white picket fence that adds to the home’s charm.
Enjoy the convenience of nearby covered parking and community amenities just steps away, including a sparkling pool and relaxing spa. Residents also have access to Rancho Santa Margarita’s premier lifestyle perks— RSM Lake, pools, tennis courts, parks, the Beach Club Lagoon, and the RSM Splash Park.
Close to top-rated schools, dining, shopping, and scenic lakefront trails, this move-in-ready gem blends comfort, style, and location—all with low HOA fees and low taxes. Welcome home to the best of RSM living.
Sold for $470,000
Listing Provided by: Treeline Realty and Investment
Bought with: Treeline Realty and Investment
$470,000
45 Via Prado, Rancho Santa Margarita, CA 92688
2beds
700sqft
Condominium
Built in 1990
-- sqft lot
$474,100 Zestimate®
$671/sqft
$2,492 Estimated rent
Home value
$474,100
$436,000 - $512,000
$2,492/mo
Zestimate® history
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$3,209/mo
Est. payment
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$3,209/mo
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Zillow last checked:
Listing updated:
Listing Provided by:
Kierstin Yang DRE #02152428 310-795-9529,
Treeline Realty and Investment
Bought with:
Kierstin Yang, DRE #02152428
Treeline Realty and Investment
Source: CRMLS,MLS#: OC25227116
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 2
Primary bedroom
- Features: Main Level Primary
Bedroom
- Features: All Bedrooms Down
Bedroom
- Features: Bedroom on Main Level
Bathroom
- Features: Bathroom Exhaust Fan, Remodeled, Separate Shower, Upgraded, Walk-In Shower
Kitchen
- Features: Pots & Pan Drawers
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Gas Range, Microwave, Dryer, Washer
- Laundry: Stacked
Features
- Ceiling Fan(s), Separate/Formal Dining Room, Open Floorplan, Pantry, Recessed Lighting, Storage, All Bedrooms Down, Bedroom on Main Level, Main Level Primary
- Flooring: Laminate, Tile
- Doors: Mirrored Closet Door(s)
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: 2+ Common Walls,End Unit
Interior area
- Total interior livable area: 700 sqft
Property
Parking
- Total spaces: 2
- Parking features: Assigned, Carport
- Has carport: Yes
- Uncovered spaces: 2
Accessibility
- Accessibility features: No Stairs
Features
- Levels: One
- Stories: 1
- Entry location: Ground/1st Floor
- Patio & porch: Covered, Patio
- Pool features: Community, Association
- Has spa: Yes
- Spa features: Association, Community
- Fencing: Stucco Wall,Wood
- Has view: Yes
- View description: Neighborhood, Trees/Woods
Lot
- Size: 700 sqft
- Features: Corner Lot, Near Park, Near Public Transit, Walkstreet
Details
- Parcel number: 93021504
- Special conditions: Standard
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
- Attached to another structure: Yes
Materials
- Roof: Tile
Condition
- New construction: No
- Year built: 1990
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Available, Sewer Connected, Water Connected
Community & neighborhood
Security
- Security features: Carbon Monoxide Detector(s), Smoke Detector(s)
Community
- Community features: Biking, Curbs, Hiking, Lake, Street Lights, Suburban, Sidewalks, Park, Pool
Location
- Region: Rancho Santa Margarita
- Subdivision: Las Flores (R1) (Lf)
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $270 monthly
- Amenities included: Call for Rules, Maintenance Grounds, Insurance, Management, Picnic Area, Pool, Pet Restrictions, Spa/Hot Tub, Trash
- Association name: Las Flores
- Association phone: 800-428-5588
- Second HOA fee: $81 monthly
- Second association name: Samlarc
- Second association phone: 949-709-0010
Other
Other facts
- Listing terms: Cash,Cash to New Loan,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 1/31/2026 | Listing removed | $2,500$4/sqft |
Source: Zillow Rentals Report a problem | ||
| 1/19/2026 | Listed for rent | $2,500$4/sqft |
Source: Zillow Rentals Report a problem | ||
| 1/14/2026 | Sold | $470,000-4.1%$671/sqft |
Source:  CRMLS #OC25227116 Report a problem | ||
| 1/10/2026 | Pending sale | $489,999$700/sqft |
Source: CRMLS #OC25227116 Report a problem | ||
| 12/27/2025 | Contingent | $489,999$700/sqft |
Source: CRMLS #OC25227116 Report a problem | ||
| 11/24/2025 | Price change | $489,999-3%$700/sqft |
Source: CRMLS #OC25227116 Report a problem | ||
| 10/18/2025 | Listed for sale | $505,000+26.3%$721/sqft |
Source: CRMLS #OC25227116 Report a problem | ||
| 7/14/2021 | Sold | $400,000+325.5%$571/sqft |
Source: Public Record Report a problem | ||
| 10/25/1999 | Sold | $94,000$134/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,440 +1.7% | $424,483 +2% |
| 2024 | $4,364 +2.3% | $416,160 +2% |
| 2023 | $4,267 +1.7% | $408,000 +2% |
| 2022 | $4,195 +348% | $400,000 +201.6% |
| 2021 | $936 -28.1% | $132,610 +1% |
| 2020 | $1,303 | $131,251 +2% |
| 2019 | $1,303 -4.2% | $128,678 +2% |
| 2018 | $1,359 +2.2% | $126,155 +2% |
| 2017 | $1,330 | $123,682 +2% |
| 2016 | $1,330 -14.7% | $121,257 +1.5% |
| 2015 | $1,559 -3.1% | $119,436 +2% |
| 2014 | $1,608 | $117,097 +0.5% |
| 2013 | -- | $116,568 +2% |
| 2012 | -- | $114,283 +2% |
| 2011 | -- | $112,043 +0.8% |
| 2010 | -- | $111,206 -0.2% |
| 2009 | -- | $111,471 +2% |
| 2008 | -- | $109,286 +2% |
| 2007 | -- | $107,144 +2% |
| 2006 | -- | $105,044 +2% |
| 2005 | -- | $102,985 +2% |
| 2004 | -- | $100,966 +1.9% |
| 2003 | -- | $99,116 +2% |
| 2002 | -- | $97,173 +2% |
| 2001 | $1,767 +0.5% | $95,268 +2% |
| 2000 | $1,758 | $93,400 |
Find assessor info on the county website
Neighborhood: 92688
Nearby schools
GreatSchools rating
- 7/10Cielo Vista Elementary SchoolGrades: K-6Distance: 0.4 mi
- 7/10Rancho Santa Margarita Intermediate SchoolGrades: 7-8Distance: 0.2 mi
- 10/10Trabuco Hills High SchoolGrades: 9-12Distance: 3.8 mi
Schools provided by the listing agent
- Elementary: Cielo Vista
- Middle: Rancho Santa Margarita
- High: Trabuco 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
$474,100
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Estimated market value
$474,100
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