Sold for $550,000

Listing Provided by: Associated Properties, Inc.

Bought with: Keller Williams Realty

$550,000

68 Via Terrano, Rancho Santa Margarita, CA 92688

2beds

808sqft

Condominium

Built in 1986

-- sqft lot

$555,600 Zestimate^®

$681/sqft

$2,849 Estimated rent

Home value

$555,600

$511,000 - $606,000

$2,849/mo

Zestimate^® history

Owner options

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$2,849/mo

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$2,849/mo

Rent Zestimate^®

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$3,710/mo

Est. payment

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$3,710/mo

Est. payment

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What's special

This charming 2-bedroom, 2-bath home in Rancho Santa Margarita is a gem! Located in the peaceful Las Flores III Community, it’s filled with natural light and offers community views. Being a corner lower unit, it’s surrounded by lush greenery and even has a spacious front porch with a storage closet for your convenience. The home is close to its assigned covered carport, the community pool, spa, and mailboxes. It comes with appliances and a stackable washer and dryer—perfect for a first-time buyer or someone looking to downsize. You’ll also have access to amazing amenities through SAMLARC, including multiple pools, tennis and basketball courts, sand volleyball, parks, trails, and even catch-and-release fishing. Plus, the nearby Lago Santa Margarita Beach Club offers a resort-style beach experience with a sand-bottomed swimming lagoon. Shopping, dining, entertainment, and outdoor activities are all nearby, with easy access to the 241 Toll Road.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 2
Full bathrooms: 2
Main level bathrooms: 2
Main level bedrooms: 2

Bedroom

Features: All Bedrooms Down

Bathroom

Features: Separate Shower

Heating

Central

Cooling

Central Air

Appliances

Included: Dishwasher, Gas Oven, Gas Range, Gas Water Heater, Refrigerator, Water Heater
Laundry: Electric Dryer Hookup, Gas Dryer Hookup

Features

Breakfast Bar, Storage, All Bedrooms Down
Has fireplace: Yes
Fireplace features: Living Room
Common walls with other units/homes: 2+ Common Walls,End Unit

Interior area

Total interior livable area: 808 sqft

Property

Parking

Parking features: Assigned

Features

Levels: One
Stories: 1
Entry location: Front
Patio & porch: Front Porch
Pool features: Association
Has spa: Yes
Spa features: Association
Has view: Yes
View description: None

Lot

Size: 1.96 Acres
Features: Zero Lot Line

Details

Parcel number: 93021522
Special conditions: Standard

Construction

Type & style

Home type: Condo
Property subtype: Condominium
Attached to another structure: Yes

Condition

Turnkey
New construction: No
Year built: 1986

Utilities & green energy

Sewer: Public Sewer

Community & neighborhood

Community

Community features: Curbs, Foothills, Gutter(s), Sidewalks

Location

Region: Rancho Santa Margarita
Subdivision: Las Flores (R1) (Lf)

HOA & financial

HOA

Has HOA: Yes
HOA fee: $270 monthly
Amenities included: Pool, Spa/Hot Tub
Association name: NA
Second HOA fee: $84 monthly
Second association name: Samlarc

Other

Other facts

Listing terms: Cash to New Loan

Price history

Date	Event	Price
5/8/2026	Listing removed	$2,800$3/sqft
Source: CRMLS #OC26090830 Report a problem
4/28/2026	Listed for rent	$2,800$3/sqft
Source: CRMLS #OC26090830 Report a problem
7/11/2025	Sold	$550,000-2.7%$681/sqft
Source: CRMLS #OC25110160 Report a problem
6/21/2025	Pending sale	$565,000$699/sqft
Source: CRMLS #OC25110160 Report a problem
5/27/2025	Listed for sale	$565,000$699/sqft
Source: CRMLS #OC25110160 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,836 +1.9%	$176,356 +2%
2024	$1,802 +2.3%	$172,899 +2%
2023	$1,762 +1.8%	$169,509 +2%
2022	$1,732 +31.1%	$166,186 +2%
2021	$1,320 -21.6%	$162,928 +1%
2020	$1,684	$161,258 +2%
2019	$1,684 -3.4%	$158,097 +2%
2018	$1,744 +2.3%	$154,998 +2%
2017	$1,705	$151,959 +2%
2016	$1,705 -11.6%	$148,980 +1.5%
2015	$1,930 -2%	$146,743 +2%
2014	$1,970	$143,869 +0.5%
2013	--	$143,219 +2%
2012	--	$140,411 +2%
2011	--	$137,658 +0.8%
2010	--	$136,630 -0.2%
2009	--	$136,955 +2%
2008	--	$134,270 +2%
2007	--	$131,638 +2%
2006	--	$129,057 +2%
2005	--	$126,527 +2%
2004	--	$124,047 +1.9%
2003	--	$121,774 +2%
2002	--	$119,387 +2%
2001	$2,078 +7.5%	$117,047 +14.8%
2000	$1,934	$102,000