$465,000
1Beds1Baths547SqFt
55 Via CrestaRancho Santa Margarita, CA 92688Las FloresIII
31 Gavilan 124, Rancho Santa Margarita, CA 92688
- 2 beds
- 1 bath
- 618 sq ft
- Built 1987
Subdivision Las Flores II
Open house
Open House
The home
About 31 Gavilan 124
BRAND NEW HVAC! PRICE IMPROVEMENT TO $465,000! Beautifully updated 2-bedroom, 1-bath upper-level condo now features a brand-new HVAC system and is ready for its next owner. A quiet interior upstairs corner unit in the highly desirable Las Flores II community is just minutes from Rancho Santa Margarita Lake, shopping, dining, parks, and highly rated schools. This light-filled home features a remodeled kitchen with upgraded cabinetry, refreshed countertops, stove, dishwasher, microwave, stylish vinyl plank flooring throughout the main living areas, a freshly painted primary bedroom, and a smart thermostat for added comfort and efficiency. Added benefits include one assigned carport (#124) plus one permitted parking space, and access to resort-style community amenities including a sparkling pool and relaxing spa. Whether you're a first-time buyer, downsizing, or looking for an investment opportunity, this is your chance to own in beautiful Rancho Santa Margarita while adding your own personal touches over time. Don't miss this opportunity to own in one of Orange County's most sought-after communities.
Property details for 31 Gavilan 124
This 2-bedroom, 1-bath condo sits in the Las Flores II neighborhood of Rancho Santa Margarita in Orange County. It offers 618 square feet of living space and is listed at $465,000, about $752 per square foot. The home was built in 1987. The MLS record lists the assessor parcel number as 931-955-16. Highlights include a community pool and spa, single-story living, central air, an updated home, and Mediterranean architecture. The detail sections on this page cover interior and exterior features, estimated taxes, HOA dues where they apply, and the map location.
Specifications
Home Details
At a glance
- Price
- $465,000
- Days On Site
- 118 Days
- Bedrooms
- 2
- Inside Area (SqFt)
- 618 sqft
- Total Baths
- 1
- Full Baths
- 1
- Partial Baths
- N/A
- Lot Size
- N/A
- Year Built
- 1987
- MLS® Number
- OC26111683
- Status
- Active
- Property Tax
- N/A
- HOA/Condo/Coop Fees
- $491 monthly
- Sq Ft Source
- N/A
General Features
- Property Type
- Condominium
- MLS Number
- OC26111683
- Year Built
- 1987
- Living Area (sq ft)
- 618
- Lot Size (acres)
- 0
- Levels
- One
- Bedrooms
- 2
- Full Baths
- 1
- Parking Spaces
- 2
- View
- Neighborhood
- HOA Dues
- $399
- HOA Frequency
- Monthly
- HOA Name
- Las Flores II
- Parcel Number
- 93195516
- On Market Date
- 2026-06-08
- Listing Terms
- Standard
Interior Features
- Interior Features
- Balcony, Ceiling Fans, Quartz Counters
- Appliances
- Dishwasher, Gas Oven, Gas Range, Microwave, Dryer, Washer
- Flooring
- Laminate, Wood
- Heating
- Central
- Cooling
- Central Air
- Fireplace
- None
- Laundry
- Laundry Closet
- Main Level Bedrooms
- 2
- Main Level Bathrooms
- 1
- Entry Level
- 2
- Common Walls
- Two Common Walls Or More
- Windows
- Screens
- Accessibility
- None
- Rooms
- Living Room, Bathroom, Kitchen
Exterior Features
- Architectural Style
- Mediterranean, Spanish
- Roof
- Spanish Tile
- Construction
- Concrete, Stucco
- Foundation
- Slab
- Lot Features
- Greenbelt, Landscaped, Near Park
- Patio and Porch
- Concrete, Enclosed, Front Porch
- Parking
- Assigned, Carport, Detached Carport, Public, One Space, Uncovered
- Fencing
- None
- Pool Features
- Association
- Spa
- Association
- Sewer
- Public Sewer
- Water
- Public
- Utilities
- Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected
- Condition
- Updated Remodeled
- Units
- 1
Community Features
- Subdivision
- Las Flores II
- Community Features
- Biking, Curbs, Dog Park, Fishing, Golf, Gutters, Hiking, Horse Trails, Lake, Street Lights, Sidewalks, Park
- Association Amenities
- Call For Rules, Clubhouse, Sport Court, Dog Park, Fire Pit, Maintenance Grounds, Meeting Room, Outdoor Cooking Area, Barbecue, Picnic Area, Playground, Pickleball, Pool, Pet Restrictions, Sauna, Spa Hot Tub, Trails
- Security
- Carbon Monoxide Detectors, Smoke Detectors
- Second HOA Dues
- $92
- Second HOA Name
- SAMLARC
The record
Property History for 31 Gavilan 124
| Date | Event | Price | Note |
|---|---|---|---|
| Jun 8, 2026 | Listed for sale | $489,000 |
Cost of ownership
Estimated monthly payment
7.03% · 30-yr fixed$
$3,993/mo
10% down · 30-year fixed · $46,500 down
Principal & interest$2,793
Mortgage insurance (est., over 80% LTV)$174
Property tax (est. 1.03%)$399
Home insurance (rough est., varies widely)$136
HOA from listing$491
$3,508/mo
20% down · 30-year fixed · $93,000 down
Principal & interest$2,482
Property tax (est. 1.03%)$399
Home insurance (rough est., varies widely)$136
HOA from listing$491
$3,198/mo
30% down · 30-year fixed · $139,500 down
Principal & interest$2,172
Property tax (est. 1.03%)$399
Home insurance (rough est., varies widely)$136
HOA from listing$491
Estimated carrying cost
$1,026/mo
All cash · taxes and insurance only
Principal & interestNone (cash purchase)
Property tax (est. 1.03%)$399
Home insurance (rough est., varies widely)$136
HOA from listing$491
Estimate only, not a loan offer or quote. Principal and interest use the Freddie Mac 30-year fixed average of 7.03% (week of Sep 24, 2026); your rate will differ. A loan this size is typically a jumbo loan, which prices differently. Tax and insurance are modelled, not billed amounts; tax uses a typical Rancho Santa Margarita rate, excluding Mello-Roos. Verify all figures. Full assumptions and disclosures.
Next steps
Buying 31 Gavilan 124
Want to see 31 Gavilan 124 in person? We have guided buyers through Las Flores II and the wider Rancho Santa Margarita market since 1983. Call to arrange a private tour, or send a note and we'll follow up.
Selling near 31 Gavilan 124
Thinking of selling nearby? We bring current Las Flores II sales data and a clear pricing strategy to every listing, backed by more than 700 closed sales and over $1B in Orange County volume. Start with a free home valuation, or reach out to talk through your options.
The neighborhood
About Rancho Santa Margarita
Rancho Santa Margarita is a master-planned Orange County community in the foothills of the Santa Ana Mountains, bordered to the east by the Cleveland National Forest and centered on the man-made Lago Santa Margarita. Adjacent O'Neill Regional Park spans thousands of acres of oak-shaded canyon habitat, and the city is served by the Saddleback Valley Unified and Capistrano Unified school districts.
Rancho Santa Margarita home sales, past 12 months
- Homes sold
- 165
- Median price
- $657,500
- Median days on market
- 27
- Median per sq ft
- $640
Recorded MLS closings of condos, Sep 26, 2025 to Sep 26, 2026. Days on market run from listing to going under contract.
Price per square foot against recent Rancho Santa Margarita sales
At $752 per square foot, this home's asking price is 18% above the Rancho Santa Margarita median of $640 for condos that closed in the past 12 months.
Recent Rancho Santa Margarita sales
| Address | Closed | Price | Sq ft | Per sq ft | Days on market |
|---|---|---|---|---|---|
| 2 Carmesi | Sep 22, 2026 | $625,000 | 1,049 | $596 | 26 |
| 110 Timbre | Sep 21, 2026 | $586,000 | 990 | $592 | 9 |
| 7 Silktassel | Sep 18, 2026 | $448,000 | 781 | $574 | 167 |
| 59 Via Cordoba | Sep 16, 2026 | $705,000 | 1,318 | $535 | 48 |
| 37 Via Lavendera | Sep 16, 2026 | $516,000 | 804 | $642 | 18 |
Schools
Schools for 31 Gavilan 124
As listed in the MLS record. Confirm attendance boundaries with the school district.
- Elementary
- Cielo Vist
- Middle
- Rancho Santa Margarita
- High
- Trabucco Hills
- District
- Saddleback Valley Unified
Living in Rancho Santa Margarita covers its schools, parks and beaches.
Location
Location
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Listed by Jonathan Mesisca of Bullock Russell RE Services
Listing information updated Oct 3, 2026 at 4:32 PM PT. Source: CRMLS.
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. The 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, the 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.