A Lyon Estates home in Rancho Santa Margarita has just been sold by Beach Cities Real Estate agent Jackie Brown who represented the buyer. 32692 Rosemont Dr, Rancho Santa Margarita sold for $1,575,000 and closed escrow on 06/08/23. It was originally listed at $1,5250,000 and was a quick sale that generated a lot of interest and sold after being on the market for 6 days. There are several reasons for the desirability of this home which included being a one story home with four bedrooms and an approximate 2,425 square feet of living space. The home came with an attached 3 car garage and was located on a large approximate 7,840 square foot lot that on a clear day could offer ocean views as well as Catalina Island views. The true essence of this highly upgraded home was the soaring ceilings that could be found in the living room as well as the primary suite which made the home feel much bigger than actual square footage. The kitchen was nicely appointed with a large granite island counter, stainless steel appliances and elegant backsplash. Some of the other features that came with this home included a new Lennox A/C and heating system, new water heater, upgraded windows and a nicely landscaped backyard.
The Lyon Estates community over the last several years has had limited number of homes come on the market. For example, last year we only had 2 home Saales and this year 32692 Rosemont Drive is the only home to have sold so far. Real Estate prices in the last year have remained over the $1.5 million dollar range while in 2021 prices could still be found in the mid $1.2 million range. As with real estate it's all about supply and demand and with extreme limited inventory listing prices are remaining strong all throughout Southern Califonria. The nice thing about this home sale was that it was located in a popular Saddleback Valley unified school district that has Robinson Ranch elementary, Rancho Santa Margarita middle school and Mission Viejo high school as the listed schools according to our multiple listing service. Jackie Brown is one of our top agents who represents clients all throughout Orange County, California. For professional representation please call Jackie at 949=285-5292 today. The chart below shows what homes have sold over the years in Lyon Estates in Rancho Santa Margarita, Califonria.