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- Listed price
- $449,000
- Listed May 21, 2026 · $727/sq ft
- Last sold price
- No recorded sale
2 beds|1 ba|618 sqft00|1987 Built|109 days listed
31 Gavilan 124, Rancho Santa Margarita, CA 92688
Property Description
PRICE IMPROVEMENT! NOW OFFERED AT $449,000! BRAND NEW HVAC! 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.
Listing agent: Jonathan MesiscaDRE #02245483jdmesisca@gmail.com, Listing office: Bullock Russell RE Services
MLS data updated 10/16/2026, 10:00:34 PM PT
Source: CRMLSMLS #: OC26111683
Belmont insights
Price & property history
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Latest asking price$449,000
Oct 5, 2026
Available records22026
From MLS recordsActual listing and closing events
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
$449,000Asking price recorded · Oct 5, 2026ZIP 92688 · Oct 2026
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.This home · 2 price recordsMay 21, 2026 – Oct 5, 2026
ZIP 92688 · same property typeLoading eligible closed sales…
Freddie Mac · national weekly ratesLoading mortgage-rate history…
Recorded sales in this period (0)
No recorded sales in this range. Select All available for older records; missing records do not mean the home never sold.
ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
View listing & sale records
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.