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Back 240/55 Rabano
Off Market

240/55 Rabano

Rancho Santa Margarita CA 92688

1
1
2
670 sq. ft.
12499 sq. ft.
Condo
Last sold for $478,000
Grace de HaasGrace de Haas, last sold this property on 14 November 2025 after 146 days on market.

Overview

Previously appraised at $488,000 and back on the market—buyer could not perform! Welcome to this beautifully updated, light-filled carriage-style end unit in the desirable Bella Ventana community of Rancho Santa Margarita. With no neighbors above or below, this private and peaceful home features an attached one-car garage with built-ins and generous storage, plus an additional designated parking space. A brand-new central HVAC system was installed in July 2025, ensuring year-round comfort. The community exterior was also recently painted, adding to the neighborhood’s modern curb appeal that complements the home’s bright and airy interior. Inside, you’ll find vaulted ceilings, abundant natural light, and an open layout enhanced by new wide-plank luxury vinyl wood-style flooring, plush carpeting, updated baseboards, and fresh paint throughout. The family and dining areas have been virtually staged to showcase scale and flow, while the kitchen is appointed with granite countertops, a custom backsplash, Kohler sink, Whirlpool dishwasher, and Samsung microwave, with a Whirlpool washer and dryer included. Additional features include crown molding, Nest WiFi thermostat, ceiling fan, plantation shutters, an oversized primary bedroom with custom closet organizers, an updated bathroom vanity and mirror, and a private gated balcony. Ideally situated in a quiet, interior location of this pet-friendly community with access to all SAMLARC amenities—RSM Lake and Beach Club, 13 parks, 4 Olympic-size pools, tennis courts, sports fields, and miles of scenic trails. With low HOA dues, award-winning schools, convenient 241 Toll Road access, low taxes, and no Mello-Roos, this move-in ready gem offers comfort, style, and community. Don’t miss this opportunity—it checks all the boxes!

Features

1 bedroom
1 bathroom
2 carspaces
1 open car space
1 garage space
670 sq. ft. floor area
12499 sq. ft. lot size
Condo

Estimated Value

Based on this property and similar 1 bedroom condos sold in Rancho Santa Margarita over the last 12 months, the estimated median property value of 240/55 Rabano is $469k.

Median value
$469k
Estimated value range
$27.6k - $643k
Median days on market
24
Estimated value trend
4%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Rancho Santa Margarita. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 240/55 Rabano

2025
Sold
$478,000
14 Nov 2025 by Grace de Haas, of Engel & Volkers
2019
Sold
$302,899
21 Feb 2019 by Rochelle Chacon, of Keller Williams Realty
2016
Sold
$284,000
22 Aug 2016 by Rochelle Chacon

Happy sellers in Rancho Santa Margarita

90%
90% of sellers in Rancho Santa Margarita reported that their sale price either exceeded or met their price expectations.

Rancho Santa Margarita stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 4 reviews in Rancho Santa Margarita over the last 12 months.

Local market activity for 1 bedroom condos in Rancho Santa Margarita

In the last 12 months, 29 one-bedroom condos similar to 240/55 Rabano, have been sold.

This represents a 20% decrease in one-bedroom condos sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Rancho Santa Margarita

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Olga Khan

Olga Khan is a recommended agent for Rancho Santa Margarita.  They have 2 local sales and collected 2 local reviews across the last 12 months.

  •   5   (11 reviews)
  •  2 Reviews in Rancho Santa Margarita
  •  2 Sales in Rancho Santa Margarita
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Scott Alden

Scott Alden is a recommended agent for Rancho Santa Margarita.  They have 1 local sale and collected 2 local reviews across the last 12 months.

  •   5   (37 reviews)
  •  2 Reviews in Rancho Santa Margarita
  •  1 Sale in Rancho Santa Margarita
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Sam Chinarian

Sellers who recommend Sam Chinarian have praised them for being local expert, clear communication, reliable, supportive, friendly, dedicated, and responsive

  •   5   (36 reviews)
  •  2 Reviews in Rancho Santa Margarita
  •  1 Sale in Rancho Santa Margarita
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Russell Taylor

Russell Taylor is a recommended agent for Rancho Santa Margarita.  They have 2 local sales and collected 1 local review across the last 12 months.

  •   5   (22 reviews)
  •  1 Review in Rancho Santa Margarita
  •  2 Sales in Rancho Santa Margarita
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