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Sold for $520,000
  • Listing Provided by: Compass
    Bought with: SRG Properties
    $520,000

    7 Islay #70, Rancho Santa Margarita, CA 92688

    1beds
    781sqft
    Condominium
    Built in 1986
    -- sqft lot
    $520,000 Zestimate®
    $666/sqft
    $2,728 Estimated rent

    Home value

    $520,000

    $484,000 - $562,000

    $2,728/mo

    Zestimate® history
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    What's special

    Loft spaceSpacious private balconyPrivate one-car garageExpansive viewsFlexible living spaceMain-level bathroomFresh interior paint
    Positioned within the sought-after Mission Court community, this top-floor residence lives like a 2-bedroom with its 1 bedroom + loft layout, offering a rare combination of versatility, privacy, and elevated Southern California living in Rancho Santa Margarita. Ideally situated to capture sweeping foothill and panoramic views, the home features a spacious private balcony that creates a seamless indoor-outdoor connection. The thoughtfully designed floor plan provides a highly functional layout, with the loft space complemented by an adjacent 3/4 bathroom, making it ideal for a guest room, home office, or secondary bedroom setup. Soaring ceilings enhance the sense of volume and natural light throughout, while laminate flooring, fresh interior paint, recessed lighting, and plantation shutters create a cohesive and inviting interior. The home has been tastefully upgraded with a beautifully updated kitchen and main-level bathroom, along with the convenience of in-unit laundry and central air conditioning. The primary suite is highlighted by vaulted ceilings, along with dual closets for added storage and functionality. A private one-car garage adds an additional layer of convenience rarely found at this price point. Residents of Mission Court enjoy access to Rancho Santa Margarita Lake privileges, including scenic walking trails, recreational amenities, and a lifestyle centered around the lake. The location offers a balance of natural beauty and everyday convenience within one of the area’s most desirable communities. A rare opportunity that combines flexible living space, top-floor privacy, and expansive views, this home stands out in today’s market.

    Zillow last checked:

    Listing updated:

    Listing Provided by:

    Tyler Rogina DRE #01925584 562-999-1885,

    Compass

    Bought with:

    James Sallinger, DRE #01252074

    SRG Properties

    Source: CRMLS,MLS#: PW26113541MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 2
    • Full bathrooms: 2
    • Main level bathrooms: 1
    • Main level bedrooms: 1
    Primary bedroom
    • Features: Main Level Primary
    Bedroom
    • Features: Bedroom on Main Level
    Cooling
    • Central Air
    Appliances
    • Included: Dryer, Washer
    • Laundry: Inside, Stacked
    Features
    • Bedroom on Main Level, Loft, Main Level Primary
    • Has fireplace: No
    • Fireplace features: None
    • Common walls with other units/homes: 2+ Common Walls,No One Above
    Interior area
    • Total interior livable area: 781 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage
    • Garage spaces: 1
    • Uncovered spaces: 1
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: 2
    • Pool features: Community, Association
    • Has view: Yes
    • View description: Neighborhood
    Lot
    • Size: 0.61 Acres
    Details
    • Parcel number: 93375037
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 1986

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Community
    • Community features: Curbs, Pool
    Location
    • Region: Rancho Santa Margarita

    HOA & financial

    HOA
    • Has HOA: Yes
    • HOA fee: $478 monthly
    • Amenities included: Playground, Pool, Spa/Hot Tub
    • Association name: Mission Courts (R2) (MC)
    • Association phone: 949-261-8282
    • Second HOA fee: $91 monthly

    Other

    Other facts
    • Listing terms: Cash,Conventional

    Price history

    DateEventPrice
    6/22/2026Sold$520,000+1%$666/sqft
    Source: CRMLS #PW26113541 Report a problem
    6/1/2026Pending sale$515,000$659/sqft
    Source: CRMLS #PW26113541 Report a problem
    5/28/2026Listed for sale$515,000+43.1%$659/sqft
    Source: CRMLS #PW26113541 Report a problem
    10/9/2020Sold$360,000-4%$461/sqft
    Source: Public Record Report a problem
    9/17/2020Pending sale$375,000$480/sqft
    Source: Keller Williams Realty #OC20075343 Report a problem
    9/1/2020Listed for sale$375,000$480/sqft
    Source: Keller Williams Realty #OC20075343 Report a problem
    7/5/2020Pending sale$375,000$480/sqft
    Source: Keller Williams Realty #OC20075343 Report a problem
    6/19/2020Listed for sale$375,000$480/sqft
    Source: Keller Williams Realty #OC20075343 Report a problem
    6/10/2020Pending sale$375,000$480/sqft
    Source: Keller Williams Realty #OC20075343 Report a problem
    5/20/2020Price change$375,000-6.2%$480/sqft
    Source: Keller Williams Realty #OC20075343 Report a problem
    4/18/2020Listed for sale$399,900+284.5%$512/sqft
    Source: Keller Williams Realty #OC20075343 Report a problem
    8/3/1999Sold$104,000+58.9%$133/sqft
    Source: Public Record Report a problem
    7/25/1997Sold$65,454-45.4%$84/sqft
    Source: Public Record Report a problem
    2/24/1997Sold$119,828$153/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,076 +1.7%$389,674 +2%
    2024$4,006 +2.3%$382,034 +2%
    2023$3,917 +1.7%$374,544 +2%
    2022$3,852 -23.5%$367,200 +2%
    2021$5,032 +232%$360,000 +148.7%
    2020$1,516 $144,744 +2%
    2019$1,516 -4.7%$141,906 +2%
    2018$1,591 +1.9%$139,124 +2%
    2017$1,561 $136,397 +2%
    2016$1,561 -15.3%$133,723 +1.5%
    2015$1,844 -3.2%$131,715 +2%
    2014$1,906 $129,135 +0.5%
    2013-- $128,552 +2%
    2012-- $126,032 +2%
    2011-- $123,561 +0.8%
    2010-- $122,638 -0.2%
    2009-- $122,930 +2%
    2008-- $120,520 +2%
    2007-- $118,157 +2%
    2006-- $115,841 +2%
    2005-- $113,570 +2%
    2004-- $111,344 +1.9%
    2003-- $109,304 +2%
    2002-- $107,161 +2%
    2001$1,706 +0.1%$105,060 +2%
    2000$1,705 $103,000

    Find assessor info on the county website

    Neighborhood: 92688

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $520,000
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    Estimated market value
    $520,000