7 Islay 70 Rancho Santa Margarita, CA $ 515,000
7 Islay 70
$ 515,000
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7 Islay 70

Rancho Santa Margarita, CA, 92688
$ 515,000
Bedrooms1 Baths2.0 Sq 781

Monthly Estimate*

$ 3,171

Listed by Compass
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Condo for sale in Rancho Santa Margarita, CA

for $515,000 with 1 bedroom and 2 full baths. This 781 square foot condo was built in 1986 on a lot size of 0.6056.

Positioned within the sought-after Mission Court community, this top-floor residence lives like a 2-bedroom with its 1 bedroom + loft layout, offering a rare combination of versatility, privacy, and elevated Southern California living in Rancho Santa Margarita. Ideally situated to capture sweeping foothill and panoramic views, the home features a spacious private balcony that creates a seamless indoor-outdoor connection. The thoughtfully designed floor plan provides a highly functional layout, with the loft space complemented by an adjacent 3/4 bathroom, making it ideal for a guest room, home office, or secondary bedroom setup. Soaring ceilings enhance the sense of volume and natural light throughout, while laminate flooring, fresh interior paint, recessed lighting, and plantation shutters create a cohesive and inviting interior. The home has been tastefully upgraded with a beautifully updated kitchen and main-level bathroom, along with the convenience of in-unit laundry and central air conditioning. The primary suite is highlighted by vaulted ceilings, along with dual closets for added storage and functionality. A private one-car garage adds an additional layer of convenience rarely found at this price point. Residents of Mission Court enjoy access to Rancho Santa Margarita Lake privileges, including scenic walking trails, recreational amenities, and a lifestyle centered around the lake. The location offers a balance of natural beauty and everyday convenience within one of the area’s most desirable communities. A rare opportunity that combines flexible living space, top-floor privacy, and expansive views, this home stands out in today’s market.

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Condo Pending

Price

$ 515,000

Bedrooms

1

Full Bath

2

Property Type

Condo

Taxes

$ 0

Style

Lot Size

0.6056

Year Built

1986

Town/City

Rancho Santa Margarita

County/Region

Orange

MLS | Web ID

PW26113541

Days on Market

18

Features
General
Living Area 781
Sewer PublicSewer
Cooling CentralAir
Appliances Dryer Washer
HOA Fee 478
Garage Spaces 1
Pool Features Community Association
Year Built 1986
View Neighborhood
Stories Count 2
Levels Two
Unit Number 70
Property Subtype Condominium
Community Features Curbs Pool
HOA Fee 2 91
Assoc Fee Paid Per Monthly
County Orange
New Construction false
Property Type Residential
Association Amenities Playground Pool SpaHotTub
HOA true
Attached Garage false
Contingency none
Garage Y/N true
Full Baths 2
Special Listing Conditions Standard
Status Pending
Directions Cross streets are Avenida De Las Flores and Laurel.
City Rancho Santa Margarita
Association Name Mission Courts (R2) (MC)
Entry Location 2
Senior Community Y/N false
High School District Saddleback Valley Unified
Open Parking Spaces 1
Number Of Units Total 1
MLS Area R1 - Rancho Santa Margarita North
Lot Size Units SquareFeet
Lot Size Square Feet 26380
Listing Terms Cash Conventional
HOA Fee 2 Frequency Monthly
Property Attached Y/N true
Land Lease Y/N false
Additional Parcels Y/N false
Lease Considered Y/N false
Structure Type House
Living Area Units SquareFeet
Standard Status Pending
Occupancy Type Owner
Year Built Source Assessor
Tax Lot 4
Property Sub Type Additional Condominium
Expected Active Date 2026-05-28
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Interior
Interior Amenities BedroomOnMainLevel Loft MainLevelPrimary
Fireplace Features None
Total Stories 2
Common Walls TwoCommonWallsOrMore NoOneAbove
Air Conditioning Y/N true
Fireplace Y/N false
Laundry Features Inside Stacked
Total Bedrooms 1
Entry Level 2
Main Level Bedrooms 1
Main Level Bathrooms 1
Total Baths 2
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Exterior
Water Source Public
Total Parking 2
Lot Size Area 26380
Lot Size Acres 0.6056
Private Pool false
Lot Size Source Assessor
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* Excluded Features
List By
Compass

Broker

Tyler@Roginagroup.com

Email

Affordability Calculator

$3,171
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Monthly Principal & Interest
$3,171
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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/27/2026$515,000 Listed Price

Map


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7 Islay 70, Rancho Santa Margarita, CA, 92688 is a Condo for sale at $515,000 with 781 sqft and a lot size of 0.6056. 7 Islay 70 has 1 bedrooms, 2.0 baths, and was built in 1986. The property's zip code is 92688 which is in Rancho Santa Margarita, CA