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For sale
  • Listing Provided by: 

    Alex Vargas DRE #01332235 714-269-8775,

    Re/Max Premier Realty

    $997,000

    12 Calle Katrina, Rancho Santa Margarita, CA 92688

    3beds
    1,758sqft
    : 
    Townhouse
    Built in 1987
    0.72 Acres Lot
    $1,000,400 Zestimate®
    $567/sqft
    $712/mo HOA

    What's special

    Great bonesInterior upgradesFunctional floor planCosmetic updates
    Unlock the potential of 12 Calle Katrina, a rarely available townhome located in the highly sought-after Marbella community of Rancho Santa Margarita. This fixer-upper is perfect for cash buyers or savvy investors looking for a value-add opportunity in a prime Orange County location. Offering strong upside potential, this property features a functional floor plan with great bones, but it’s ready for cosmetic updates and TLC. Ideal for fix & flip, buy & hold, or renovate and occupy, this home needs interior upgrades, flooring, paint, and other finishing touches to bring it back to life. Nestled in a well-maintained community with access to top-rated schools, parks, shopping, dining, and Rancho Santa Margarita Lake amenities, enhance the investment appeal. Don’t miss this as-is opportunity to purchase in a neighborhood where renovated comps are trading significantly higher. This is your chance to capture upside in a highly desirable location. No Blind Offers Will Be Accepted...
    70 days
    on Zillow
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    Zillow last checked: 7 hours ago

    Listing updated: July 11, 2025 at 12:25pm

    Listing Provided by:

    Alex Vargas DRE #01332235 714-269-8775,

    Re/Max Premier Realty

    Source: CRMLS,MLS#: OC25116785MLS LogoOriginating MLS: California Regional MLS
    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 12 Calle Katrina.

    Next available tour time:Tomorrow at 9am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    • Main level bathrooms: 1
    Rooms
    • Room types: Bedroom, Family Room, Kitchen, Laundry
    Bedroom
    • Features: All Bedrooms Up
    Bathroom
    • Features: Bathroom Exhaust Fan, Bathtub, Dual Sinks, Soaking Tub, Separate Shower, Tub Shower
    Kitchen
    • Features: Granite Counters, Pots & Pan Drawers
    Heating
    • Forced Air
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Gas Range, Microwave
    • Laundry: Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup, Inside
    Features
    • Cathedral Ceiling(s), Granite Counters, High Ceilings, Open Floorplan, All Bedrooms Up
    • Flooring: Carpet, Tile
    • Has fireplace: Yes
    • Fireplace features: Family Room
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total interior livable area: 1,758 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Direct Access, Door-Single, Garage Faces Front, Garage
    • Attached garage spaces: 2
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: 1
    • Pool features: Community, Association
    • Has view: Yes
    • View description: Mountain(s)
    • Waterfront features: Lagoon
    Lot
    • Size: 0.72 Acres
    • Features: Back Yard
    Details
    • Parcel number: 93228498
    • Special conditions: Probate Listing

    Construction

    Type & style
    • Home type: Townhouse
    • Property subtype: Townhouse
    • Attached to another structure: Yes
    Materials
    • Roof: Tile
    Condition
    • New construction: No
    • Year built: 1987

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Street Lights, Sidewalks, Pool
    • Subdivision: Marbella (Mb)
    HOA
    • Has HOA: Yes
    • Amenities included: Jogging Path, Barbecue, Picnic Area, Playground, Pickleball, Pool, Spa/Hot Tub
    • HOA fee: $625 monthly
    • HOA name: Marbella
    • HOA phone: 949-709-0010
    • Second HOA fee: $87 monthly
    • Second HOA name: Samlarc
    • Second HOA phone: 800-428-5588
    Location
    • Region: Rancho Santa Margarita

    Financial & listing details

    • Price per square foot: $567/sqft
    • Tax assessed value: $308,307
    • Annual tax amount: $3,140
    • Date on market: 5/27/2025
    • Listing terms: Cash,Cash to New Loan,Conventional
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