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12 Calle Katrina, Rancho Santa Margarita, CA 92688

3 Beds

3 Baths

1,758SqFt

Active

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...

Property Details
Price $997,000
Bedrooms 3
Full Baths 2
Half Baths 1
Total Baths 3
Lot Size Area 31328
Lot Size Area Units Square Feet
Acres 0.7192
Property Type Residential
Sub type Townhouse
MLS Sub type Townhouse
Stories 2
Features Cathedral Ceiling(s),Granite Counters,High Ceilings,Open Floorplan
Exterior Features Sidewalks,Street Lights
Year Built 1987
Subdivision Marbella (MB)
View Mountain(s)
Roof Tile
Waterfront Lagoon
Heating Forced Air
Lot Description Back Yard
Laundry Features Gas & Electric Dryer Hookup,Inside,Washer Hookup
Pool features Community
Parking Description Direct Garage Access,Garage,Garage Faces Front,Garage - Single Door
Parking Spaces 2
Garage spaces 2
Association Fee 712
Association Amenities Pickleball,Pool,Spa/Hot Tub,Barbecue,Picnic Area,Playground,Jogging Track
Geographic Data
Directions Antonio to Calle Marbella right on Calle Katrina
County Orange
Latitude 33.654782
Longitude -117.582225
Market Area R1 - Rancho Santa Margarita North
Address Information
Address 12 Calle Katrina, Rancho Santa Margarita, CA 92688
Postal Code 92688
City Rancho Santa Margarita
State CA
Country United States
Listing Information
Listing Office Re/Max Premier Realty
Listing Agent Alex Vargas
Listing Agent Phone 714-269-8775
Attribution Contact 714-269-8775
Compensation Disclaimer The offer of compensation is made only to participants of the MLS where the listing is filed.
Special listing conditions Probate Listing
Ownership Condominium
School Information
District Saddleback Valley Unified
MLS Information
Days on market 18
MLS Status Active
Listing Date May 27, 2025
Listing Last Modified Jun 22, 2025
Tax ID 93228498
MLS Area R1 - Rancho Santa Margarita North
MLS # OC25116785

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This information is believed to be accurate, but without any warranty.