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 its 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. Dont 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.
Property Features
Bedrooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 2
- 1/2 Bathrooms: 1
- Bathrooms On Main Level: 1
- Bathroom 1 Features: Bathtub, Shower, Shower in Tub, Double Sinks in Primary Bath, Exhaust fan(s), Separate tub and shower, Soaking Tub
Interior Features
- Cathedral Ceiling(s)
- Granite Counters
- High Ceilings
- Open Floorplan
- Flooring: Carpet, Tile
Appliances
- Kitchen Appliances: Dishwasher, Gas Range, Microwave
- Appliances YN: Yes
- Laundry Features: Gas & Electric Dryer Hookup, Inside, Washer Hookup
Other Rooms
- All Bedrooms Up, Family Room, Kitchen, Laundry
Heating and Cooling
- Cooling Features: Central Air
- Fireplace Features: Fireplace: Yes
- Heating Features: Forced Air
- Heating: Yes
Kitchen and Dining
- Kitchen Features: Granite Counters, Pots & Pan Drawers
Pool and Spa
Waterfront and Water Access
Land Info
- Lot Description: Back Yard
- Lot Size Acres: 0.7192
- Lot Size Source: Assessor
- Lot Size Square Feet: 31328
Garage and Parking
- Garage Spaces: 2
- Garage Description: Attached
- Parking Features: Parking YN: Yes, Parking Features: Direct Garage Access, Garage, Garage Faces Front, Garage - Single Door
- Parking Total: 2
Home Features
Homeowners Association
- Association: Yes
- Association Amenities: Pickleball, Pool, Spa/Hot Tub, Barbecue, Picnic Area, Playground, Jogging Track
- Association Fee: 625
- Association Fee Frequency: Monthly
- Association Fee 2: 87
- Association Fee 2 Frequency: Monthly
- Calculated Total Monthly Association Fees: 712
School Information
- School District: Saddleback Valley Unified
Amenities and Community Features
- Community Features: Sidewalks, Street Lights
Other Property Info
- Source Listing Status: Active
- County: Orange
- Directions: Antonio to Calle Marbella right on Calle Katrina
- Source Property Type: Residential
- Area: R1 - Rancho Santa Margarita North
- Property Subtype: townhouse
- Source Neighborhood: Marbella (MB)
- Parcel Number: 93228498
- Postal Code Plus 4: 5433
- Subdivision: Marbella (MB)
- Property Subtype: Townhouse
- Source System Name: C2C
Building and Construction
- Total Square Feet Living: 1758
- Year Built: 1987
- Common Walls: 2+ Common Walls
- Entry Level: 1
- Entry Location: 1
- Living Area Source: Assessor
- Property Age: 38
- Property Attached: Yes
- Roof: Tile
- Levels or Stories: Two
- Building Total Stories: 2
- Structure Type: House
- Year Built Source: Assessor
Utilities
- Sewer: Public Sewer
- Water Source: Public
