About Rancho Santa Margarita's Dove Canyon

Dove Canyon at Rancho Santa Margarita CA has some excellent home values for buyers.

Dove Canyon home ~ $899,900 ~ overlooking 14th fairway of DC Golf Course ~ 5 bedrooms and 5 baths ~ MLS# S667520 ~ IDX link

Dove Canyon is a private residential community located in eastern part of the city of Rancho Santa Margarita and has about 1,200 homes and 5,000 residents.

Dove Canyon home ~ $839,000 ~ 4 bedrooms and 5 baths ~ MLS# S647475 ~ IDX link

All homes at Dove Canyon are single family detached. True value waits for buyers who will pay less per SF interior than most other areas of Orange County.

Dove Canyon home ~ $799,000 ~ 4 bedrooms and 4 baths !~ MLS# S663716 ~ IDX link

Dove Canyon is a gated community with a Jack Nicklaus signature golf club, swimming pool, tennis courts, child's park, a shopping center, horse trails, and others for hiking, walking and biking.

Click here to see all Dove Canyon homes now listed for sale.

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Some if this information is from IDX link to Multiple Listing Service, includes listings by all brokers, and does not include that for new homes or FSBOs.

Harrison K. Long - solutions for real estate and business - REALTOR® and broker associate, GRI - Coldwell Banker Residential Brokerage - 949-854-7747 (phone) - ExploreProperties@gmail.com(email) - CA DRE 01410855 - SFR short sale and foreclosure resource certified by the National Association of REALTORs® ~ appointed to serve as a director at California Association of REALTORs®

Dove Canyon - Rancho Santa Margarita, South Orange County ~ premier residential community designed and built around Dove Canyon golf club and its course.

With about 1,200 homes and 5,000 residents, Dove is located in the foothills of South Orange County on the south and east side facing toward Saddleback Mountain.

Inside the guard-gated entry is a Jack Nicklaus signature golf club, pool, tennis courts, child's park, play field, shopping center, and water reservoir. All homes in Dove are single-family residences.

A horse trail starts outside the community gate and continues to Sycamore Canyon, where hikers, horse riders, bikers, go into neighbor community, Coto de Caza.

Homes at Dove range from asking price of $599K to $1,150,000.

See Dove Canyon homes for sale (click here for free active link).

See and visit at Dove Canyon, beautiful and private Orange County residential community. Thank you.

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Contact us if you have questions about Dove Canyon and Orange County Real Estate Market. Thanks. Harrison K. Long, Explore Group, Coldwell Banker Previews, Irvine, CA.

Jan 2009 - we have 33 homes listed for sale in Dove Canyon, Rancho Santa Margarita.

The highest list price of those home is $1,379,000

The lowest list price is $639,000

The Average size per Square Foot is 3,072

Average List Price per Square Foot is $300

There was ONE sale in Jan of 09 - It sold for $264 a Square Foot

There was ONE sale in Jan of 08 - It sold for $275 a Square Foot

Obvisously, not a lot of statistics to go on, so let compare 07 to 08

There were 50 sales in 08

There were 51 sales in 07

Dove Canyon statistics never cease to amaze me - prices and numbers of sales just haven't changed much over the last couple of years.

If you are thinking about purchasing or selling a home in Dove Canyon, give me a call or drop me an email - we should talk.

Paul

Dove Canyon, like most communities in South Orange County has been hit by a wave of short sales and foreclosures. Unlike some of the surrounding areas, however, there have been a number of standard sales mixed in with the special condition sales.

This past week there were three new listings in Dove Canyon - and none of them were short sales or REOs. So what does that mean in terms of market trends? On it's own, probably not too much, but combined with a number of other factors however, it might pay to look a little closer at Dove Canyon. If you're looking to purchase in a beautiful gated community, this might just be the market you're looking for.

13 Greenspring, in the Waterford Crest tract is a beautiful property with a slightly higher price tag than 27 Lawnridge, the last model match comp that sold in June, 2008 for $770,000. The last recorded sales price for 13 Greenspring was $880,000 per SoCal MLS.

6 Club Vista, in the Emerald Crest tract is situated on a single loaded street and has a panoramic view of Dove Canyon Golf Course and the Saddleback Mountain Range. I don't see much in the way of closed sale comps within the past year other than two slightly smaller homes with two car garages and no views. Those homes sold respectively at $720,000 in February and $680,000 in June. 6 Club Vista is listed at $829,870, but is definitely a superior property in terms of location and view. 17 Wakonda, a smaller three bedroom, three bath home, again with no view is listed at $670,000 and is currently in escrow but accepting backup offers. The last recorded sales price for 6 Club Vista was $975,000 in May, 2006 per SoCal MLS.

7 Ravensridge, in the Laurels, is another 3000+ square foot home listed in Dove Canyon. This property has a western view, facing toward Catalina Island rather Saddleback Mountain. There are currently three active listings in this builder tract. 7 Ravensridge is listed at $899,000. The last model match comp, 21 Bell Canyon, sold in October for $840,000.

Please contact me for additional information about Dove Canyon or to see properties currently listed in Dove Canyon.

When people ask me how much the taxes are in Dove Canyon, my typical response has been, "it depends".

It depends on the neighboorhood, the selling price, and the HOA.

It was because of this question that I got curious, and decided to find out how much the "additional costs" amounted to in Dove. By additional costs, I mean Real Estate taxes, Supplemental Fees (Mello Roos etc.) plus the HOA.

I looked up the tax records on every home currently listed in Dove Canyon, then imported the data in Excel. I created a few formulas and let Excel do the calculations.

I calculated several things including furture estimatate taxes, estimated tax rate, total of taxes, supplemental fees and HOA fees both monthly and annually. But the most useful number I came up with is what I'll call the "all inclusive effective rate". That takes the annual taxes, annual supplemental and the annual HOA combined and divides it by the estimated selling price.

The range for the all inclusive effective rate was pretty dramatic - from 1.32% to 1.72% with an average of 1.6%.

I've given this data to the clients that I am currenly working with and they appreciate it.

Dove Canyon consists of less than 1500 homes in total, yet the sales there this year have been pretty good.

In southern California, it doesn't get any better than Dove Canyon, unless perhaps you are within a block or two of the Ocean.

I hold open house here pretty much every weekend. I used to be amazed by the large number of people living in Dove Canyon that were looking to stay, but move up to a larger house. It's so common that it no longer surprises me.

If you are thinking about making a move to Southern California, do yourself a favor and check out Dove Canyon.

Give me a call, I would love to give you a tour.

Curious about home prices, check out my website, and do a search of the SoCal MLS.

Thanks for looking -

Paul McDuell