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Sold for $1,145,000
    • Listed by: Coldwell Banker Realty • Thomas McEachern • Contact: 949-940-8704
    Bought with: eXp Realty of California Inc
    Tax assessed value
    $1,145,000

    8 Tradition Ln, Rancho Santa Margarita, CA 92688

    4beds
    1,835sqft
    Single Family Residence
    Built in 1998
    3,191 Square Feet Lot
    $1,144,900 Zestimate®
    $624/sqft
    $6,316 Estimated rent

    Home value

    $1,144,900

    $1.05M - $1.25M

    $6,316/mo

    Zestimate® history
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    What's special

    Welcome to 8 Tradition Lane, a well-maintained two-story home located in the desirable Las Flores community of Rancho Santa Margarita. The main level features wood flooring, crown molding, and a light-filled living room with a fireplace. The kitchen includes granite countertops, stainless steel appliances, and plenty of storage, opening to a casual dining area and family room with access to the backyard. Upstairs, you’ll find all four bedrooms, including the primary suite with vaulted ceilings, a walk-in closet, and bathroom with updated vanity with dual sinks, a soaking tub, and a separate shower. The secondary bedrooms are comfortably sized, and the full hallway bath has also been updated with modern finishes. Outside, the backyard offers easy to maintain landscaping, along with a covered patio area. The extended driveway is ideal for extra parking or a safe play space. Additional highlights include inside laundry, double-pane windows with shutters, and direct access to the attached two-car garage. Just a short distance to Las Flores Elementary and Middle Schools, local parks, trails, and community amenities like the pool, spa, and playgrounds.

    Zillow last checked:

    Listing updated:

    Listed by:

    Thomas McEachern DRE #01869565 949-940-8704,

    Coldwell Banker Realty,

    Garrett Weston DRE #01385026 714-425-6904,

    Coldwell Banker Realty

    Bought with:

    Alexandra Budanov, DRE #01922844

    eXp Realty of California Inc

    Source: CRMLS,MLS#: OC25241378MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    • Main level bathrooms: 1
    Rooms
    • Room types: Bedroom, Family Room, Kitchen, Laundry, Library, Living Room, Primary Bathroom, Primary Bedroom, Other
    Bedroom
    • Features: All Bedrooms Up
    Bathroom
    • Features: Bathroom Exhaust Fan, Bathtub, Dual Sinks, Linen Closet, Quartz Counters, Soaking Tub, Separate Shower, Tub Shower
    Kitchen
    • Features: Granite Counters
    Other
    • Features: Walk-In Closet(s)
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Disposal, Gas Oven, Gas Range, Gas Water Heater, Hot Water Circulator, Microwave, Range Hood, Self Cleaning Oven, Dryer, Washer
    • Laundry: Inside
    Features
    • Breakfast Bar, Built-in Features, Ceiling Fan(s), Crown Molding, Eat-in Kitchen, Granite Counters, Open Floorplan, Recessed Lighting, Storage, Unfurnished, All Bedrooms Up, Walk-In Closet(s)
    • Flooring: Tile
    • Doors: Sliding Doors
    • Windows: Double Pane Windows, Shutters
    • Has fireplace: Yes
    • Fireplace features: Living Room
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total interior livable area: 1,835 sqft

    Property

    Parking
    • Total spaces: 5
    • Parking features: Concrete, Direct Access, Driveway, Garage Faces Front, Garage
    • Attached garage spaces: 2
    • Uncovered spaces: 3
    Accessibility
    • Accessibility features: Safe Emergency Egress from Home, Parking
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: 2
    • Patio & porch: Covered, Patio, Stone
    • Pool features: Community, Association
    • Has spa: Yes
    • Spa features: Association, Community
    • Fencing: Wood
    • Has view: Yes
    • View description: Neighborhood
    Lot
    • Size: 3,191 Square Feet
    • Features: 0-1 Unit/Acre, Drip Irrigation/Bubblers, Landscaped, Level, Sprinklers Timer, Sprinkler System
    Details
    • Additional structures: Shed(s)
    • Parcel number: 78017151
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Stucco
    • Foundation: Slab
    • Roof: Barrel,Tile
    Condition
    • Turnkey
    • New construction: No
    • Year built: 1998

    Utilities & green energy

    • Electric: Standard
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available

    Community & HOA

    Community
    • Features: Biking, Dog Park, Storm Drain(s), Sidewalks, Pool
    • Subdivision: Traditions (Trad)
    HOA
    • Has HOA: Yes
    • Amenities included: Outdoor Cooking Area, Barbecue, Picnic Area, Playground, Pool, Spa/Hot Tub
    • HOA fee: $135 monthly
    • HOA name: Traditions
    • HOA phone: 949-582-7770
    • Second HOA fee: $113 monthly
    • Second HOA name: Lf Maintainance
    • Second HOA phone: 949-448-6160
    Location
    • Region: Rancho Santa Margarita

    Financial & listing details

    • Price per square foot: $624/sqft
    • Tax assessed value: $1,145,000
    • Date on market: 10/23/2025
    • Cumulative days on market: 22 days
    • Listing terms: Cash,Conventional
    • Road surface type: Paved

    Price history

    DateEventPrice
    7/30/2026Listing removed$9,000$5/sqft
    Source: Zillow Rentals Report a problem
    7/15/2026Price change$9,000-5.3%$5/sqft
    Source: Zillow Rentals Report a problem
    6/10/2026Price change$9,500+5.6%$5/sqft
    Source: Zillow Rentals Report a problem
    5/8/2026Price change$9,000+5.9%$5/sqft
    Source: Zillow Rentals Report a problem
    4/14/2026Listed for rent$8,500$5/sqft
    Source: Zillow Rentals Report a problem
    12/12/2025Sold$1,145,000-2.6%$624/sqft
    Source: CRMLS #OC25241378 Report a problem
    12/2/2025Pending sale$1,175,000$640/sqft
    Source: CRMLS #OC25241378 Report a problem
    11/14/2025Contingent$1,175,000$640/sqft
    Source: CRMLS #OC25241378 Report a problem
    10/23/2025Listed for sale$1,175,000+65.5%$640/sqft
    Source: CRMLS #OC25241378 Report a problem
    11/27/2017Sold$710,000-1.4%$387/sqft
    Source: Public Record Report a problem
    11/13/2017Pending sale$720,000$392/sqft
    Source: Plan A Real Estate #OC17233442 Report a problem
    10/23/2017Listed for sale$720,000+54.8%$392/sqft
    Source: Plan A Real Estate #OC17233442 Report a problem
    8/25/2009Sold$465,000+1.1%$253/sqft
    Source: Public Record Report a problem
    4/30/2009Sold$460,000-2.1%$251/sqft
    Source: Public Record Report a problem
    4/8/2009Price change$469,900-10.5%$256/sqft
    Source: Listhub #P682133 Report a problem
    4/4/2009Listed for sale$525,000-26.9%$286/sqft
    Source: Listhub #P682133 Report a problem
    6/22/2006Sold$718,000+2.7%$391/sqft
    Source: Public Record Report a problem
    9/7/2005Sold$699,000+77%$381/sqft
    Source: Public Record Report a problem
    9/30/2002Sold$395,000+53.1%$215/sqft
    Source: Public Record Report a problem
    5/12/1999Sold$258,000$141/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2026-- $1,145,000 +41.7%
    2025$8,182 +2%$807,856 +2%
    2024$8,024 +2.3%$792,016 +2%
    2023$7,845 +1.9%$776,487 +2%
    2022$7,697 -8.6%$761,262 +2%
    2021$8,423 -0.5%$746,336 +1%
    2020$8,469 $738,684 +2%
    2019$8,469 -9.3%$724,200 +2%
    2018$9,343 +27.8%$710,000 +37.3%
    2017$7,313 $517,179 +2%
    2016$7,313 -0.2%$507,039 +1.5%
    2015$7,326 +0.5%$499,423 +2%
    2014$7,288 $489,640 +9.7%
    2013-- $446,400
    2012-- $446,400 -4%
    2011-- $465,000
    2010-- $465,000 -4.9%
    2009-- $489,000 -15.4%
    2008-- $578,000 -21.1%
    2007-- $732,360 +4.8%
    2006-- $699,000 +70.4%
    2005-- $410,317 +2%
    2004-- $402,272 +1.9%
    2003-- $394,900 +44.5%
    2002-- $273,367 +2%
    2001$4,857 +2%$268,007 +2%
    2000$4,762 $262,752
    Find assessor info on the county website

    Neighborhood: Las Flores

    Nearby homes

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Arroyo
    • Middle: Las Flores
    • High: Tesoro

    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
    $1,144,900
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,144,900

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