Condo
Listing Agent: Dawn Anderson (DRE #01258205) · Listing Office: Midas Realty Group · Contact: 714-932-1746 · Bought with: Michelle Wilson · First Team Real Estate · MLS #OC25279544 · Source: CRMLS
7 Silktassel sold for $448,000 in September 2026, 1.8% over its $440,000 list price, after 167 days on the market. It was first listed at $529,000. That works out to $574 per square foot on 781 square feet. Across 200 closed sales in 92688 over the last 12 months, the median sold price is $915,000 and the median is $637 per square foot — 11% above this sale's $574. 2-bedroom rentals in 92688 currently list at a median of $3,200 a month (16 listings).
| Quarter | Closed sales in 92688 | Median sold price |
|---|---|---|
| Q1 2026 | 19 | $891,000 |
| Q2 2026 | 85 | $1,010,000 |
| Q3 2026 | 96 | $807,000 |
Figures are MLS-reported closed sales (CRMLS); ZIP medians cover the last 12 months. Nalren does not estimate values. Recently sold in Rancho Santa Margarita · Homes for sale in 92688
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
Listing description from the September 2026 sale, as reported to CRMLS.
MLS-reported closed sales in 92688, nearest first (last 12 months). All recent sales in Rancho Santa Margarita →
7 Silktassel last sold in September 2026 for $448,000, according to CRMLS-reported closed sales.
$448,000, 1.8% above the $440,000 list price, after 167 days on the market — about $574 per square foot.
200 homes closed in ZIP 92688 over the last 12 months at a median of $915,000 ($637 per square foot). This sale was $574 per square foot.
7 Silktassel is not currently listed on the MLS. Browse current homes for sale in Rancho Santa Margarita on Nalren.
2-bedroom rentals in 92688 currently list at a median of $3,200 per month across 16 listings on Nalren.