Previously appraised at $488,000 and back on the market—buyer could not perform! Welcome to this beautifully updated, light-filled carriage-style end unit in the desirable Bella Ventana community of Rancho Santa Margarita. With no neighbors above or below, this private and peaceful home features an attached one-car garage with built-ins and generous storage, plus an additional designated parking space. A brand-new central HVAC system was installed in July 2025, ensuring year-round comfort. The community exterior was also recently painted, adding to the neighborhood’s modern curb appeal that complements the home’s bright and airy interior. Inside, you’ll find vaulted ceilings, abundant natural light, and an open layout enhanced by new wide-plank luxury vinyl wood-style flooring, plush carpeting, updated baseboards, and fresh paint throughout. The family and dining areas have been virtually staged to showcase scale and flow, while the kitchen is appointed with granite countertops, a custom backsplash, Kohler sink, Whirlpool dishwasher, and Samsung microwave, with a Whirlpool washer and dryer included. Additional features include crown molding, Nest WiFi thermostat, ceiling fan, plantation shutters, an oversized primary bedroom with custom closet organizers, an updated bathroom vanity and mirror, and a private gated balcony. Ideally situated in a quiet, interior location of this pet-friendly community with access to all SAMLARC amenities—RSM Lake and Beach Club, 13 parks, 4 Olympic-size pools, tennis courts, sports fields, and miles of scenic trails. With low HOA dues, award-winning schools, convenient 241 Toll Road access, low taxes, and no Mello-Roos, this move-in ready gem offers comfort, style, and community. Don’t miss this opportunity—it checks all the boxes!
Sold for $478,000
Listing Provided by:
Grace de Haas DRE #02114231 949-510-1231,
Engel & Volkers Dana Point
Bought with: CENTURY 21 Affiliated
$478,000
55 Rabano #240, Rancho Santa Margarita, CA 92688
1beds
670sqft
Condominium
Built in 1990
-- sqft lot
$488,500 Zestimate®
$713/sqft
$2,469 Estimated rent
Home value
$488,500
$449,000 - $528,000
$2,469/mo
Zestimate® history
Loading...
Owner options
List your home for rent
$2,469/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
Learn more$2,469/mo
Rent Zestimate®
Refinance and save
$3,225/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
See today's rates$3,225/mo
Est. payment
Explore your selling options
Work with a Zillow partner agent
Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.
Get startedList with your own agent
Get your home in front of millions of buyers by listing it on Zillow.
Learn how to do itSell it yourself
Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).
List your homeWhat's special
Zillow last checked: 7 hours ago
Listing updated: November 15, 2025 at 09:09am
Listing Provided by:
Grace de Haas DRE #02114231 949-510-1231,
Engel & Volkers Dana Point
Bought with:
Claudia Mejia, DRE #01953007
CENTURY 21 Affiliated
Source: CRMLS,MLS#: OC25132767
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 1
Primary bedroom
- Features: Main Level Primary
Primary bedroom
- Features: Primary Suite
Bedroom
- Features: All Bedrooms Up
Bathroom
- Features: Bathtub, Closet, Full Bath on Main Level, Remodeled, Separate Shower, Tub Shower, Upgraded, Vanity
Kitchen
- Features: Granite Counters, Kitchen/Family Room Combo, Remodeled, Updated Kitchen
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Dishwasher, Gas Cooktop, Disposal, Gas Oven, Gas Range, Microwave, Dryer, Washer
- Laundry: Washer Hookup, Gas Dryer Hookup, Inside, Laundry Closet, Stacked
Features
- Breakfast Bar, Balcony, Breakfast Area, Separate/Formal Dining Room, Eat-in Kitchen, Granite Counters, High Ceilings, Recessed Lighting, All Bedrooms Up, Main Level Primary, Primary Suite
- Flooring: Carpet, Stone, Vinyl
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: 1 Common Wall,End Unit,No One Above,No One Below
Interior area
- Total interior livable area: 670 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage Faces Front, Garage, Garage Door Opener, One Space
- Attached garage spaces: 1
- Uncovered spaces: 1
Features
- Levels: One
- Stories: 1
- Entry location: 2
- Patio & porch: Enclosed, Front Porch, Patio, Porch
- Pool features: Community, Association
- Has spa: Yes
- Spa features: Community
- Fencing: None
- Has view: Yes
- View description: Neighborhood
Lot
- Size: 0.29 Acres
- Features: Corner Lot, Near Park, Street Level
Details
- Parcel number: 93183648
- Special conditions: Standard
Construction
Type & style
- Home type: Condo
- Architectural style: Mediterranean
- Property subtype: Condominium
- Attached to another structure: Yes
Materials
- Drywall, Concrete, Stucco
- Foundation: Slab
- Roof: Spanish Tile
Condition
- Updated/Remodeled
- New construction: No
- Year built: 1990
Details
- Builder name: D.T. Smith
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Cable Connected, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Phone Available, Sewer Available, Sewer Connected, Water Available, Water Connected
Community & neighborhood
Security
- Security features: Carbon Monoxide Detector(s), Smoke Detector(s)
Community
- Community features: Biking, Curbs, Golf, Gutter(s), Hiking, Lake, Storm Drain(s), Street Lights, Suburban, Sidewalks, Park, Pool
Location
- Region: Rancho Santa Margarita
- Subdivision: Bella Ventana (Bvt)
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $294 monthly
- Amenities included: Clubhouse, Sport Court, Maintenance Grounds, Picnic Area, Playground, Pool, Pets Allowed, Spa/Hot Tub, Tennis Court(s), Trail(s)
- Association name: First Service Residential
- Association phone: 949-448-6000
- Second HOA fee: $87 monthly
- Second association name: Samlarc
- Second association phone: 949-709-0010
Other
Other facts
- Listing terms: Cash,Cash to New Loan
Price history
| Date | Event | Price |
|---|---|---|
| 11/14/2025 | Sold | $478,000$713/sqft |
Source:  CRMLS #OC25132767 Report a problem | ||
| 10/13/2025 | Contingent | $478,000$713/sqft |
Source: CRMLS #OC25132767 Report a problem | ||
| 9/12/2025 | Listed for sale | $478,000$713/sqft |
Source: CRMLS #OC25132767 Report a problem | ||
| 8/18/2025 | Listing removed | $478,000$713/sqft |
Source:  SDMLS #OC25132767 Report a problem | ||
| 7/28/2025 | Price change | $478,000-2%$713/sqft |
Source:  Engel & Volkers #OC25132767 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 92688
Nearby schools
GreatSchools rating
- 8/10Tijeras Creek Elementary SchoolGrades: K-5Distance: 0.9 mi
- 8/10Las Flores Middle SchoolGrades: 6-8Distance: 2.3 mi
- 9/10Tesoro High SchoolGrades: 9-12Distance: 2.4 mi
Schools provided by the listing agent
- Elementary: Tijeras Creek
- 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.
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
$488,500
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
$488,500
- California
- Orange County
- Rancho Santa Margarita
- 92688
- 55 Rabano Unit 240
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other Rancho Santa Margarita Topics
- Apartments for Rent in 92688
- Houses for Sale in 92688
- Houses for Rent in 92688
- 92688 Real Estate
- Rancho Santa Margarita Condos
- Houses for Sale in Rancho Santa Margarita
- Newest Listings in Rancho Santa Margarita
- Rancho Santa Margarita Home Values
- Rancho Santa Margarita Real Estate Agents
- Rancho Santa Margarita Refinance
- Rancho Santa Margarita Mortgage Rates