new - 1 day on rocket

5 Summit Ct, Rancho Santa Margarita, CA, 92688

$2,088,000

Home List Price

$10,000*

Closing Credit

4 Bedrooms
3 Full Baths, 1 Partial
3,544 SqFt
$589/SqFt
House

Location

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5 Summit Ct, Rancho Santa Margarita$2,088,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingGarage
Attached Garage3 spaces
Year Built1996
HeatingCentral, Forced Air, Fireplace(s)
CoolingCentral Air
FireplaceFamily Room, Primary Bedroom
ViewPark, Neighborhood
MLS #OC24234991
Lot Size0.19 Acres
StatusActive

About 5 Summit Ct

Welcome to this stunning home in the highly sought-after Las Flores community, where timeless curb appeal meets refined luxury. Original model home for the exclusive Summit development, this property combines elegant design with modern functionality. Situated just a short walk from three exceptional Blue-Ribbon schools—Las Flores Elementary, Las Flores Middle, and Tesoro High—this home offers both convenience and sophistication. From the moment you enter, you’ll be captivated by the architectural grandeur. The soaring vaulted ceilings in the foyer set the tone for the rest of the home, while oversized windows flood the space with natural light, creating an inviting and airy atmosphere. A charming courtyard entry with French doors opens to a home filled with warmth and character, where each room is thoughtfully designed to maximize light and space. The spacious family room, anchored by a cozy fireplace, seamlessly flows into the chef’s kitchen, making it ideal for both everyday living and entertaining. The kitchen features a functional layout with a breakfast bar, ample cabinetry, and sleek countertops, creating a space that's as beautiful as it is practical. Step outside to discover your own private oasis. The beautifully landscaped backyard is perfect for hosting large gatherings, with a covered patio, built-in BBQ island, and a fountain. Inside, the expansive main bedroom suite is a true retreat. The spacious sitting area, complete with a fireplace, provides a relaxing escape, while the luxurious en-suite bathroom offers a spa-like experience with a large walk-in closet, dual vanity, separate soaking tub and shower, with elegant crown molding and silhouette shades adding a touch of sophistication throughout. Upstairs, you’ll also find three additional bedrooms, one with French doors leading to a balcony, two full bathrooms (one en-suite) and a conveniently located laundry chute to the lower-level laundry room. The home’s versatile floor plan also includes a downstairs den/office and a large upper-level landing with built-in shelves. This location puts you within walking distance to incredible amenities, including a Jr. Olympic swimming pool, spa, pickleball and tennis courts, basketball courts, two parks with tot lots, a splash pad, and hiking trails. Shopping, dining, and entertainment options are just minutes away. Living in Las Flores means more than just owning a beautiful home—it means embracing a lifestyle of convenience, comfort, and community.

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary
  • Year Built: 1996
  • Stories: 2
  • Living Area: 3,544 SqFt

Listing Office:

  • Office Name: Pacific Sotheby's Int'l Realty
  • Office Phone: (949) 939-8198
  • Listing Agent: Bob Hamidi

Interior Features

Interior Information:

  • Flooring Type: Carpet, Wood
  • Interior: Beamed Ceilings, Breakfast Bar, Built-in Features, Balcony, Block Walls, Ceiling Fan(s), Crown Molding, Cathedral Ceiling(s), Separate/Formal Dining Room, High Ceilings, All Bedrooms Up, Dressing Area, Jack and Jill Bath, Loft, Primary Suite, Walk-In Closet(s)
  • Fireplace: Family Room, Primary Bedroom

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: Park, Neighborhood

Parking Information:

  • Garage Space: 3 spaces
  • Attached Garage: Yes
  • Parking: Garage

Lot Features

Lot Information:

  • Lot: Back Yard, Cul-De-Sac, Front Yard, Garden, Lawn, Landscaped
  • Lot Size: 0.19 Acres

Utilities

Utilities Information:

  • Heating: Central, Forced Air, Fireplace(s)
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Oso to Meandering Trail

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,088,000
  • Price Per SqFt: $589/SqFt

HOA Fees:

  • Amount: $171
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $8,364
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Rancho Santa Margarita, CA.

Med. Sold Price

$1.0M

Med. Price/SqFt

$627

Avg. Days On Market

25

# of Sold Homes

37

5 Summit Ct vs Rancho Santa Margarita

1 DAY ON ROCKET

-24 Days

$2,088,000

+$1.0M More

$589/SqFt

-$39 Less

KEY TAKEAWAY

This property is $1.0M more than the Median Sold Price and $39/SqFt less than other homes in Rancho Santa Margarita, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #OC24234991

Listing Office:

  • Office Name: Pacific Sotheby's Int'l Realty
  • Office Phone: (949) 939-8198
  • Listing Agent: Bob Hamidi

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/18/2024, 4:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$8,364$666,767
2020$8,519$659,931
2019$8,636$646,992
2018$8,637$634,306
2017$8,807$621,869

History based on county public records data.

Payment Calculator

$10.6K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,326

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-656773
7
/10
  • Las Flores Elementary School

  • 25862 Antonio Pkwy

  • 0.29 miles

  • Public District Grades PK-5

school-card-donut-656774
8
/10
  • Oso Grande Elementary School

  • 30251 Sienna Pkwy

  • 1.49 miles

  • Public District Grades KG-5

school-card-donut-656775
9
/10
  • Bathgate Elementary School

  • 27642 Napoli Way

  • 1.53 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $162,595. Typical income of Rancho Santa Margarita, CA residents is between $100k-200k annually. The most common type of family is married, with kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5 Summit Ct

What is the listing price of this property?

The listing price of 5 Summit Ct property is $2,088,000.

What type of property is this?

The property 5 Summit Ct is a house located in Rancho Santa Margarita, California, 92688.

Is this property for sale now?

Active Listing: 5 Summit Ct is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $8,364 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 5 Summit Ct has 4 bedrooms and 3 full and 1 half bathrooms.

What is the square footage of this property?

The property 5 Summit Ct is 3,544 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5 Summit Ct is 1996.

Rocket HomesCaliforniaOrange CountyRancho Santa Margarita926885 Summit Ct

This home is located at 5 Summit Ct in Rancho Santa Margarita, CA and zip code 92688 in the Las Flores neighborhood. This 3,544 square foot home, which was built in 1996, sits on a 0.19 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since November 16, 2024 and is currently priced at $2,088,000.

Over 15 listings were sold over their listed price in October 2024 in Rancho Santa Margarita, CA. In the same period over 19 listings were sold below the listed price and 3 listings were sold for the listed price. Between September 2024 and October 2024, Rancho Santa Margarita, CA real estate market has seen increase in the number of listings by 2.2%. The median list price of listings available in October 2024 was $1,072,083, while the average time on the real estate market was 25 days.

From Rocket Homes Real Estate and based on county public records data.

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