7 Silktassel
Rancho Santa Margarita, CA 92688
$448,000
Listing Broker: Midas Realty Group
Listing Agent: Dawn Anderson
License #: 01258205
714-932-1746
Buyer Represented by: First Team Real Estate
Selling Agent: Michelle Wilson
License #: 01870068
Perfectly positioned across from Lago Santa Margarita Beach Club and Rancho Santa Margarita Lake, this upper-level 2-bedroom, 1-bath condo offers both style and versatility. The open floor plan is highlighted by high ceilings and a light, airy feel throughout. The kitchen showcases granite countertops, recessed lighting, and stainless steel appliances. The downstairs bedroom features high ceilings, while the upstairs space can serve as a second bedroom with a large closet or a flexible loft ideal for a home office or creative space. The bathroom includes dual sinks with brushed chrome fixtures, a granite vanity, and a large tub. Enjoy the convenience of inside stackable laundry, air conditioning, and a private one-car garage. In addition to garage, HOA provided 2 parking passes for additional first come first serve parking. A picture-perfect home in a prime location. Property is a Short Sale
| Listing Id: | OC25279544 |
|---|---|
| List Price: | $440,000 |
| Close Price: | $448,000 |
| Close Date: | 2026-09-18 |
| Property Type: | Residential |
| Property Sub Type: | Condominium |
| Status: | Closed |
| Bedrooms Total: | 2 |
| Bathrooms Full: | 1 |
| Living Area: | 781 |
| Association Fee: | $418 |
| Lot Size Square Feet: | 28,835.0 |
| Lot Size Acres: | 0.662 |
| Architectural Style: | Contemporary |
| Waterfront?: | No |
| City: | Rancho Santa Margarita |
| County Or Parish: | Orange |
| Subdivision: | Mission Courts (R1) (Mc) |
| Postal Code: | 92688 |
| Year Built: | 1989 |
| Number Of Units Total: | 207 |
| Appliances: | ElectricRange, FreeStandingRange, Disposal |
| Association Amenities: | Pool, SpaHotTub |
| Association Fee2: | $91 |
| Association Fee 2 Frequency: | Monthly |
| Association Fee Frequency: | Monthly |
| Room Type: | Bedroom, Loft |
| Association Name: | Mission Courts |
| Association Name 2: | SAMLARC |
| Association Phone: | 949-261-8282 |
| Association?: | Yes |
| Basement Yn: | No |
| Bathrooms Total Integer: | 1 |
| Common Interest: | Condominium |
| Common Walls: | TwoCommonWallsOrMore |
| Community Features: | Sidewalks |
| Cooling: | CentralAir |
| Cooling?: | Yes |
| Current Financing: | Conventional |
| Directions: | Cross Streets: Via Ricardo/ Leaf Lane |
| Disclosures: | CovenantsRestrictionsDisclosure, PetRestrictions |
| Elevation Units: | Feet |
| Entry Level: | 2 |
| Entry Location: | top level |
| Fireplace Features: | None |
| Garage Spaces: | 1.0 |
| Garage?: | Yes |
| Heating: | ForcedAir |
| Heating?: | Yes |
| High School: | Trabucco Hills |
| High School District: | Saddleback Valley Unified |
| Interior Features: | Balcony, CathedralCeilings, BedroomOnMainLevel, Loft |
| Laundry Features: | WasherHookup, ElectricDryerHookup, Stacked |
| Levels: | Two |
| Listing Agreement: | ExclusiveRightToSell |
| Listing Contract Date: | 2025-12-22 |
| Listing Terms: | Cash, CashToNewLoan, Conventional |
| Living Area Source: | Assessor |
| Living Area Units: | SquareFeet |
| Lot Size Acres: | 0.662 |
| Lot Size Area: | 28835.0 |
| Lot Size Source: | Assessor |
| Lot Size Units: | SquareFeet |
| Main Level Bathrooms: | 1 |
| Main Level Bedrooms: | 1 |
| Middle Or Junior School: | Rancho Santa Margarita |
| MLS Area Major: | R1 - Rancho Santa Margarita North |
| Number Of Units In Community: | 207 |
| Original List Price: | $529,000 |
| Parcel Number: | 93375172 |
| Parking Features: | Garage |
| Parking Total: | 1 |
| Patio And Porch Features: | Porch, Terrace |
| Pool Features: | Association |
| Possession: | CloseOfEscrow |
| Postal City: | RANCHO SANTA MARGARITA |
| Property Attached?: | Yes |
| Property Condition: | Turnkey |
| Road Surface Type: | Paved |
| Roof: | Clay, SpanishTile |
| Sewer: | PublicSewer |
| Spa Features: | Association |
| Spa?: | Yes |
| Special Listing Conditions: | ShortSale |
| State Or Province: | CA |
| Stories: | 2 |
| Stories Total: | 2 |
| Utilities: | ElectricityConnected, WaterConnected |
| View: | Neighborhood |
| View?: | Yes |
| Water Source: | Public |
| Year Built Source: | Assessor |
| Property Sub Type Additional: | Condominium |
| Current Price: | $448,000.00 |
| Country Subdivision: | 06059 |
| Record Signature: | -247,392,192 |
| Universal Parcel Id: | urn:reso:upi:2.0:US:06059:93375172 |
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Based on information from California Regional Multiple Listing Service, Inc. as of October 08, 2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
California Regional Multiple Listing Service, Inc. data last updated on October 08, 2026 02:13 PM - PT
Property Last Updated: October 08, 2026 02:13 PM - PT
