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Sold for $1,139,000
    • Listed by: Bullock Russell RE Services • Julie Schnieders • Contact: 949-292-5857
    Bought with: Pellego, Inc.
    Tax assessed value
    $1,139,000

    7 Calle Katrina, Rancho Santa Margarita, CA 92688

    3beds
    1,810sqft
    Townhouse
    Built in 1986
    2.8 Acres Lot
    $1,152,700 Zestimate®
    $629/sqft
    $4,593 Estimated rent

    Home value

    $1,152,700

    $1.06M - $1.26M

    $4,593/mo

    Zestimate® history
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    What's special

    $76K PRICE REDUCTION! Stunning Lake View Townhome in Marbella, Rancho Santa Margarita! This 3 bed, 2.5 bath end-unit townhome (1,810 SqFt) is move-in ready with a prime location in one of California’s most desirable cities—renowned for its top-rated schools, safety, and exceptional amenities. Recently remodeled throughout, this home features a bright, open floor plan with engineered hardwood flooring, plantation shutters, recessed lighting, and upgraded windows/dual sliders. The kitchen shines with white shaker cabinets, granite counters, subway tile backsplash, bar seating, and stainless steel appliances including a stovetop with grill. Experience refined interior comfort with designer touches throughout, from elegant 5” baseboards, and statement lighting inspired by Restoration Hardware enjoying ceiling fans in every bedroom, The expansive primary suite offers a private lake-view deck, a spa-inspired en-suite with a modern double vanity, and a sleek walk-in shower. Two generously sized secondary bedrooms share a beautifully renovated full bath blending timeless style with everyday functionality while the extra large guest powder bathroom downstairs showcases a chic pedestal vanity. Freshly painted and impeccably maintained, this home is ideal for those seeking turnkey luxury. Step outside to a beautifully designed backyard with multiple entertaining areas, a covered patio, built-in Turbo BBQ, granite bar with seating for six, and built-in fridge, plus see SPECTACULAR 4th of JULY FIREWORKS From Your Back Patio and Deck—perfect for hosting friends and family! The professionally finished garage adds function with extensive built-in cabinetry, slat walls, with Epoxy flooring and indoor/outdoor carpet. Delight in private access to parks, pools, spas, a scenic lagoon, and a vibrant community center. Walk right out of your house to gorgeous Hiking & Biking trails as well as to first class local restaurants. This isn't just a house—it’s a lifestyle. The Marbella Community is one of the most sought after townhome tract and offers access to their own private pool and spa. Seize the chance to own a thoughtfully crafted retreat in Rancho Santa Margarita! Your HOA fees cover access to the city’s master-planned amenities, special events and concerts, including the beach club and 4th of July Spectacular, RSM lake, pickleball and tennis, splash park, hiking and biking trails, dog parks and more. No Mello Roos

    Zillow last checked:

    Listing updated:

    Listed by:

    Julie Schnieders DRE #01384831 949-292-5857,

    Bullock Russell RE Services

    Bought with:

    Teresa Mihelic, DRE #01297156

    Pellego, Inc.

    Source: CRMLS,MLS#: OC25093569MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    • Main level bathrooms: 1
    Rooms
    • Room types: Bathroom, Bedroom, Family Room, Foyer, Kitchen, Laundry, Living Room, Primary Bathroom, Primary Bedroom, Other, Dining Room
    Bedroom
    • Features: All Bedrooms Up
    Bathroom
    • Features: Bathtub, Closet, Dual Sinks, Enclosed Toilet, Granite Counters, Linen Closet, Remodeled, Soaking Tub, Separate Shower, Tub Shower
    Bathroom
    • Features: Jack and Jill Bath
    Other
    • Features: Dressing Area
    Kitchen
    • Features: Granite Counters, Kitchen/Family Room Combo, Stone Counters, Remodeled, Updated Kitchen
    Heating
    • Forced Air
    Cooling
    • Central Air
    Appliances
    • Included: Barbecue, Convection Oven, Dishwasher, Electric Oven, Electric Range, Disposal, Gas Range, Gas Water Heater, Microwave, Refrigerator, Range Hood, Self Cleaning Oven, Water Heater
    • Laundry: Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup, Inside, Laundry Room
    Features
    • Breakfast Bar, Built-in Features, Balcony, Ceiling Fan(s), Crown Molding, Cathedral Ceiling(s), Separate/Formal Dining Room, Granite Counters, High Ceilings, Open Floorplan, Pantry, Stone Counters, Recessed Lighting, Two Story Ceilings, Bar, All Bedrooms Up, Dressing Area, Entrance Foyer, Jack and Jill Bath, Primary Suite, Walk-In Closet(s)
    • Flooring: Carpet, Tile, Wood
    • Doors: Mirrored Closet Door(s), Sliding Doors
    • Windows: Custom Covering(s), Double Pane Windows, Insulated Windows, Shutters
    • Has fireplace: Yes
    • Fireplace features: Family Room, Gas, Gas Starter
    • Common walls with other units/homes: 1 Common Wall,End Unit,No One Above,No One Below
    Interior area
    • Total interior livable area: 1,810 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Direct Access, Door-Single, Driveway, Garage, One Space
    • Attached garage spaces: 2
    • Uncovered spaces: 2
    Accessibility
    • Accessibility features: None
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: 1
    • Patio & porch: Concrete, Covered, Patio, Tile
    • Exterior features: Awning(s), Barbecue, Lighting, Rain Gutters
    • Pool features: Filtered, Gunite, Heated, In Ground, Association
    • Has spa: Yes
    • Spa features: Association, Gunite, Heated, In Ground
    • Fencing: Good Condition,Stucco Wall,Wrought Iron
    • Has view: Yes
    • View description: Hills, Lake, Mountain(s)
    • Has water view: Yes
    • Water view: Lake
    Lot
    • Size: 2.8 Acres
    • Features: Back Yard, Cul-De-Sac, Front Yard, Sprinklers In Rear, Sprinklers In Front, Lawn, Landscaped, Level, Sprinklers Timer, Sprinklers On Side, Sprinkler System, Street Level
    Details
    • Parcel number: 93228547
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: Townhouse
    • Architectural style: Spanish
    • Property subtype: Townhouse
    • Attached to another structure: Yes
    Materials
    • Drywall, Glass, Stucco
    • Foundation: Slab
    • Roof: Concrete,Spanish Tile
    Condition
    • Additions/Alterations,Updated/Remodeled,Turnkey
    • New construction: No
    • Year built: 1986
    Details
    • Builder model: C

    Utilities & green energy

    • Electric: Electricity - On Property, 220 Volts in Laundry, Standard
    • Sewer: Public Sewer, Sewer Tap Paid
    • Water: Public
    • Utilities for property: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected

    Community & HOA

    Community
    • Features: Biking, Curbs, Foothills, Gutter(s), Hiking, Lake, Street Lights, Suburban, Sidewalks
    • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
    • Subdivision: Marbella (Mb)
    HOA
    • Has HOA: Yes
    • Amenities included: Clubhouse, Controlled Access, Sport Court, Dog Park, Maintenance Grounds, Meeting Room, Management, Meeting/Banquet/Party Room, Maintenance Front Yard, Outdoor Cooking Area, Other Courts, Barbecue, Picnic Area, Playground, Pickleball, Pool, Recreation Room, Spa/Hot Tub, Security, Tennis Court(s), Trail(s)
    • HOA fee: $625 monthly
    • HOA name: Marbella HOA
    • HOA phone: 949-709-0010
    • 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: $629/sqft
    • Tax assessed value: $1,139,000
    • Date on market: 5/3/2025
    • Cumulative days on market: 56 days
    • Listing terms: Cash,Cash to New Loan,Conventional
    • Road surface type: Paved

    Price history

    DateEventPrice
    8/19/2025Listing removed$4,495$2/sqft
    Source: CRMLS #OC25177523 Report a problem
    8/13/2025Price change$4,495-9.2%$2/sqft
    Source: CRMLS #OC25177523 Report a problem
    8/11/2025Price change$4,950-1%$3/sqft
    Source: CRMLS #OC25177523 Report a problem
    8/6/2025Listed for rent$5,000$3/sqft
    Source: CRMLS #OC25177523 Report a problem
    7/21/2025Sold$1,139,000-0.9%$629/sqft
    Source: CRMLS #OC25093569 Report a problem
    6/28/2025Pending sale$1,149,000$635/sqft
    Source: CRMLS #OC25093569 Report a problem
    6/16/2025Price change$1,149,000-2.2%$635/sqft
    Source: CRMLS #OC25093569 Report a problem
    5/6/2025Price change$1,175,000-4.1%$649/sqft
    Source: CRMLS #OC25093569 Report a problem
    5/3/2025Listed for sale$1,225,000+88.5%$677/sqft
    Source: CRMLS #OC25093569 Report a problem
    4/14/2016Sold$650,000$359/sqft
    Source: Public Record Report a problem
    3/15/2016Pending sale$650,000$359/sqft
    Source: Regency Real Estate Brokers #OC16050044 Report a problem
    3/10/2016Listed for sale$650,000+75.7%$359/sqft
    Source: Regency Real Estate Brokers #OC16050044 Report a problem
    8/22/2002Sold$370,000+43.4%$204/sqft
    Source: Public Record Report a problem
    12/3/1999Sold$258,000+41.8%$143/sqft
    Source: Public Record Report a problem
    3/30/1995Sold$182,000-98.9%$101/sqft
    Source: Public Record Report a problem
    12/2/1994Sold$16,020,000$8,851/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2026-- $1,139,000 +135.7%
    2025$4,966 +1.8%$483,206 +2%
    2024$4,880 +2.4%$473,732 +2%
    2023$4,768 +1.7%$464,444 +2%
    2022$4,686 +21.3%$455,338 +2%
    2021$3,864 -15.3%$446,410 +1%
    2020$4,560 $441,833 +2%
    2019$4,560 -9.9%$433,170 +2%
    2018$5,061 +0.4%$424,677 +2%
    2017$5,042 $416,350 -8%
    2016$5,042 -16.1%$452,677 +1.5%
    2015$6,006 -0.6%$445,878 +2%
    2014$6,042 $437,144 +16.9%
    2013-- $374,000
    2012-- $374,000
    2011-- $374,000 -6%
    2010-- $398,000 -4.4%
    2009-- $416,133 +2%
    2008-- $407,974 +2%
    2007-- $399,975 +2%
    2006-- $392,133 +2%
    2005-- $384,445 +2%
    2004-- $376,907 +1.9%
    2003-- $370,000 +37.8%
    2002-- $268,423 +2%
    2001$4,089 -0.2%$263,160 +2%
    2000$4,096 $258,000
    Find assessor info on the county website

    Neighborhood: 92688

    Nearby homes

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Trabuco Mesa
    • 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
    $1,152,700
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,152,700

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