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Sold for $885,000
    • Listed by: Ryan Schramm Real Estate • Ryan Schramm • Contact: 949-212-1433
    Bought with: First Team Real Estate
    $885,000

    68 Tierra Montanosa, Rancho Santa Margarita, CA 92688

    3beds
    1,487sqft
    Condominium
    Built in 1996
    -- sqft lot
    $893,200 Zestimate®
    $595/sqft
    $4,083 Estimated rent

    Home value

    $893,200

    $822,000 - $965,000

    $4,083/mo

    Zestimate® history
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    What's special

    From the moment you walk in, soaring ceilings and natural light create a bright and inviting atmosphere. As an end-unit, the home also benefits from extra windows, adding even more light and a greater sense of openness throughout. With shutters already in place, you’ll enjoy both the look and the savings of this major upgrade from day one. The living room is anchored by a fireplace, creating a comfortable place to relax after a long day or gather with friends. Just beyond, the kitchen seamlessly connects to the dining and family areas for an open-concept feel that makes both everyday living and entertaining easy. Neutral white cabinetry provides plenty of storage and a clean backdrop, ready for your own personal style to shine. The layout is exceptional—both practical and flexible to fit a variety of needs. On the main level, you’ll find a bedroom and full bathroom (sink, toilet, tub, and shower). Upstairs, two additional bedrooms each feature an en-suite bathroom (a bathroom inside the bedroom). The primary suite stands out with two closets and a double-sink vanity offering added convenience and functionality. Everyday essentials are well covered: an interior laundry closet keeps chores simple, a two-car attached garage means direct access and extra storage, and a gated patio offers the perfect spot to unwind outdoors and take in the views. Beyond your front door, Tierra Montanosa offers resort-style amenities just around the corner, including a pool and spa. Living in Rancho Santa Margarita also means access to the scenic lake and lagoon, plus Altisima Park with a playground, pool, and wide-open green spaces. Shopping, dining, and well-regarded schools are all nearby, with excellent proximity to highly regarded Melinda Heights Elementary. Blending comfort, function, and a standout location, this home makes it easy to enjoy the best of Rancho Santa Margarita living.

    Zillow last checked:

    Listing updated:

    Listed by:

    Ryan Schramm DRE #01851291 Ryan@RTSRE.com,

    Ryan Schramm Real Estate

    Bought with:

    Joshua Richardson, DRE #01896924

    First Team Real Estate

    Source: CRMLS,MLS#: OC25192125MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 3
    • Main level bathrooms: 1
    • Main level bedrooms: 1
    Rooms
    • Room types: Bedroom, Kitchen, Living Room, Primary Bedroom
    Bedroom
    • Features: Bedroom on Main Level
    Bathroom
    • Features: Bathtub, Dual Sinks, Full Bath on Main Level, Tub Shower, Vanity
    Kitchen
    • Features: Tile Counters
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Disposal, Gas Range, Microwave
    • Laundry: Inside, Laundry Closet
    Features
    • Ceiling Fan(s), High Ceilings, Recessed Lighting, Storage, Bedroom on Main Level
    • Flooring: Laminate
    • Doors: Mirrored Closet Door(s)
    • Windows: Double Pane Windows, Plantation Shutters
    • Has fireplace: Yes
    • Fireplace features: Gas, Living Room
    • Common walls with other units/homes: 1 Common Wall
    Interior area
    • Total interior livable area: 1,487 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Direct Access, Garage
    • Attached garage spaces: 2
    Accessibility
    • Accessibility features: Parking
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: Front Door
    • Patio & porch: Rear Porch, Enclosed
    • Pool features: Community, In Ground, Association
    • Has spa: Yes
    • Spa features: Association, Community, In Ground
    • Fencing: Good Condition,Wrought Iron
    • Has view: Yes
    • View description: Neighborhood, Trees/Woods
    Details
    • Parcel number: 93812258
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    • Attached to another structure: Yes
    Condition
    • Turnkey
    • New construction: No
    • Year built: 1996

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Sidewalks, Pool
    • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
    • Subdivision: Tierra Montanosa (Tiem)
    HOA
    • Has HOA: Yes
    • Amenities included: Sport Court, Maintenance Grounds, Management, Barbecue, Picnic Area, Playground, Pickleball, Pool, Spa/Hot Tub, Tennis Court(s)
    • HOA fee: $518 monthly
    • HOA name: Tierra Montanosa
    • HOA phone: 949-716-3998
    • Second HOA fee: $87 monthly
    • Second HOA name: Samlarc
    • Second HOA phone: 800-428-5588
    Location
    • Region: Rancho Santa Margarita

    Financial & listing details

    • Price per square foot: $595/sqft
    • Tax assessed value: $634,312
    • Annual tax amount: $6,536
    • Date on market: 8/28/2025
    • Cumulative days on market: 90 days
    • Listing terms: Cash,Cash to New Loan,Conventional
    • Exclusions: Refrigerator, washer, and dryer
    • Road surface type: Paved

    Price history

    DateEventPrice
    1/22/2026Sold$885,000-1.7%$595/sqft
    Source: CRMLS #OC25192125 Report a problem
    12/30/2025Pending sale$899,999+55.2%$605/sqft
    Source: CRMLS #OC25192125 Report a problem
    4/20/2020Sold$580,000-0.9%$390/sqft
    Source: CRMLS #OC20046465 Report a problem
    3/12/2020Pending sale$585,000$393/sqft
    Source: CENTURY 21 Award #OC20046465 Report a problem
    3/4/2020Listed for sale$585,000+15.8%$393/sqft
    Source: Century 21 Award #OC20046465 Report a problem
    4/17/2018Sold$505,000-6.3%$340/sqft
    Source: CDAR/ Desert Area MLS #17269042 Report a problem
    3/10/2018Pending sale$539,000$362/sqft
    Source: HomeSmart Professionals #17269042PS Report a problem
    10/26/2017Price change$539,000-1.1%$362/sqft
    Source: HomeSmart Professionals #17269042PS Report a problem
    9/28/2017Price change$544,900-0.7%$366/sqft
    Source: HomeSmart Professionals #17269042PS Report a problem
    9/11/2017Price change$549,000-1.1%$369/sqft
    Source: HomeSmart Professionals #17269042PS Report a problem
    8/4/2017Listed for sale$555,000$373/sqft
    Source: Better Real Estate Of OC.Inc. #LG17137669 Report a problem
    6/30/2017Listing removed$555,000$373/sqft
    Source: Better Real Estate Of OC.Inc. #LG17137669 Report a problem
    6/18/2017Listed for sale$555,000+11.2%$373/sqft
    Source: Better Real Estate Of OC.Inc. #LG17137669 Report a problem
    11/3/2015Listing removed$2,500$2/sqft
    Source: Better Real Estate #OC15233786 Report a problem
    10/28/2015Price change$2,500+8.7%$2/sqft
    Source: Better Real Estate #OC15233786 Report a problem
    11/19/2013Listing removed$499,000$336/sqft
    Source: Better Real Estate #LG13223239 Report a problem
    11/10/2013Listed for rent$2,300$2/sqft
    Source: Better Real Estate #LG13227964 Report a problem
    11/3/2013Listed for sale$499,000+21.7%$336/sqft
    Source: Better Real Estate #LG13223239 Report a problem
    4/15/2008Sold$410,000-0.7%$276/sqft
    Source: Public Record Report a problem
    3/21/2008Price change$413,000-8%$278/sqft
    Source: Prudential California Report a problem
    2/9/2008Price change$449,000-10%$302/sqft
    Source: Prudential California #F1750635 Report a problem
    11/11/2007Listed for sale$499,000-14%$336/sqft
    Source: Prudential California #F1750635 Report a problem
    12/16/2005Sold$580,000+223.1%$390/sqft
    Source: Public Record Report a problem
    7/31/1997Sold$179,500$121/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$6,536 +1.8%$634,312 +2%
    2024$6,420 +2.4%$621,875 +2%
    2023$6,272 +1.7%$609,682 +2%
    2022$6,167 +2.4%$597,728 +2%
    2021$6,022 -3.5%$586,008 +11.5%
    2020$6,240 +13.5%$525,402 +2%
    2019$5,499 -8.6%$515,100 +18.7%
    2018$6,016 +5.8%$433,830 +2%
    2017$5,687 $425,324 +2%
    2016$5,687 -0.4%$416,985 +1.5%
    2015$5,712 -2.3%$410,722 +2%
    2014$5,848 $402,677 +22.8%
    2013-- $327,909 +2%
    2012-- $321,480 -6%
    2011-- $342,000
    2010-- $342,000 -10.5%
    2009-- $382,000 -16.9%
    2008-- $459,500 -22.3%
    2007-- $591,600 +2%
    2006-- $580,000 +182.2%
    2005-- $205,506 +2%
    2004-- $201,477 +1.9%
    2003-- $197,785 +2%
    2002-- $193,907 +2%
    2001$3,243 +1.7%$190,105 +2%
    2000$3,188 $186,378
    Find assessor info on the county website

    Neighborhood: 92688

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    Estimated market value
    $893,200
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    Estimated market value
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