7 Silktassel, Rancho Santa Margarita, CA 92688 (MLS # OC25279544)

Price $440,000
Status Active
Beds 2
Baths 1 Bath
Home size 781 sqft
Lot Size 28,837 sqft
Days on Market 163
According to the listing agent, this listing may be a pre-foreclosure or short sale.
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
Property Type(s): Condo/Townhouse/Co-Op
Last Updated 6/1/2026 Tract Mission Courts (R1) (MC)
Year Built 1989 Community R1 - Rancho Santa Margarita North
Garage Spaces 1.0 County Orange

SCHOOLS

Jr. High School Rancho Santa Margarita
High School Trabucco Hills

Price History

Prior to Jan 5, '26 $529,000
Jan 5, '26 - Jan 14, '26 $520,000
Jan 14, '26 - Feb 11, '26 $510,000
Feb 11, '26 - Apr 14, '26 $508,000
Apr 14, '26 - Apr 29, '26 $503,000
Apr 29, '26 - Jun 1, '26 $499,000
Jun 1, '26 - Today $440,000

Additional Details

AIR Central Air
AIR CONDITIONING Yes
APPLIANCES Disposal, Electric Range, Free-Standing Range, Washer/Dryer Stacked
AREA R1 - Rancho Santa Margarita North
EXTERIOR Balcony
GARAGE Yes
HEAT Forced Air
HOA DUES 418|Monthly
INTERIOR Cathedral Ceiling(s)
LOT 0.662 acre(s)
LOT DIMENSIONS 28835
PARKING Garage
POOL DESCRIPTION Association
SEWER Public Sewer
STORIES 2
STYLE Contemporary
SUBDIVISION Mission Courts (R1) (MC)
UTILITIES Electricity Connected, Water Connected
VIEW Yes
VIEW DESCRIPTION Neighborhood
WATER Public

Location

 

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Listed with Midas Realty Group

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. as of 6/2/26 6:28 PM PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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