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Sold for $448,000 · Sep 2026

SOLD

Listed at $440,000

Sold

7 Silktassel, Rancho Santa Margarita, CA 92688

Rancho Santa Margarita, CA

MLS# OC25279544

781 Sq Ft • Condo2bd • 1ba
167 days on market

Listing Agent

Dawn Anderson

Listing Agent

Midas Realty Group

DRE #: 01258205

Brokerage: Midas Realty Group

Property Details

2

Bedrooms

1

Bathrooms

781 sqft

Square Feet

1989

Year Built

0.66 acres

Lot Size

$574

Price/Sq Ft

1

Garage Spaces

$418/mo

HOA

Condo

Property Type

Description

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.

Facts & Features

Details

Stories
2
Cooling
CentralAir
Heating
ForcedAir
View
Neighborhood

Sale history for 7 Silktassel

1 recorded sale

$448,000
Sold September 2026 · listed $440,000, orig. $529,000, on market December 2025, 167 days on market · MLS #OC25279544 · Source: CRMLS
Listing Agent: Dawn Anderson · Listing Office: Midas Realty Group · Contact: 714-932-1746 · Bought with: Michelle Wilson · First Team Real Estate

How this sale compares

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 237 closed sales in 92688 over the last 12 months, the median sold price is $920,000 and the median is $636 per square foot, 11% above this sale's $574. 2-bedroom rentals in 92688 currently list at a median of $3,350 a month (11 listings).

$574
This sale, per sq ft
$636
92688 median per sq ft (12 mo)
$920,000
92688 median sold price (12 mo)
237
Closed sales in 92688 (12 mo)
167
Days on market
+1.8%
Sold vs. list price
QuarterClosed sales in 92688Median sold price
Q1 202619$891,000
Q2 202685$1,010,000
Q3 2026107$860,000
Q4 202626$845,000

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

Recent sales near 7 Silktassel

Closed sales reported in 92688, nearest first, last 12 months. All recent sales in Rancho Santa Margarita →

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CRMLS

MLS# OC25279544

Listed: 12/22/2025

© 2026 California Regional Multiple Listing Service, Inc. Based on information from the California Regional Multiple Listing Service, Inc. as of 9/18/2026. 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. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS.

IDX information is provided exclusively for consumers' personal, non-commercial use. Information is deemed reliable but not guaranteed. Buyer should independently verify all information.

Listed by: Midas Realty Group

Equal Housing Opportunity

Advertising Broker: Nalren Corp (CA DRE #02423715)

Licensed in the state of California

Nalren Corp (CA DRE #02423715) is the Advertising Broker for this IDX display. We are not the listing broker for this property. The listing broker/agent information is shown above. Contact the listing agent for inquiries.