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Rancho Santa Margarita, CA

$884,900

2 Paseo Del Sol, Rancho Santa Margarita, CA
3
Beds
3
Baths
1,499
Sq Ft
1993
Built
52
Days listed

About this home

DON'T SLEEP ON THIS LOCATION! Extremely Rare, 3-bedroom, 2.5-bath, End-Unit Condo Backing to Wrap-Around Greenbelt in Cabo Vista, Rancho Santa Margarita. This upgraded 3-bedroom, 2.5-bathroom end-unit condo with direct-access 2-car garage offers approximately 1,499 square feet of living space, plus added privacy, abundant natural light, and peaceful hillside surroundings. Positioned at the edge of the community, the home enjoys no direct neighbors behind and a unique greenbelt setting, creating a rare sense of openness not commonly found in attached homes. Inside, high ceilings and large windows fill the home with natural light. The open living area features travertine flooring and a gas fireplace with fire glass, while the remodeled kitchen includes granite countertops and a custom portable island designed for both everyday use and entertaining. One of the standout features is the extended outdoor patio, an ideal space for relaxing or hosting gatherings while enjoying views of trees, hillside, and the surrounding greenbelt. Significant system upgrades include: • Repiped plumbing • Upgraded main water line • Recently flushed and serviced water heater • High-efficiency heat pump HVAC system • Enlarged ductwork for improved airflow • Integrated whole-home air purification system • Panasonic built-in air purifier in one bedroom • Nest thermostat • Finished attic storage • Epoxy garage flooring with built-in overhead storage. Residents of Cabo Vista enjoy community amenities including pool, spa, BBQ areas, and neighborhood events, along with access to the broader amenities that make Rancho Santa Margarita one of Orange County’s most desirable planned communities. Nearby amenities include: • Rancho Santa Margarita Lake and walking paths • Beach Club lagoon with sandy shoreline • Multiple parks, playgrounds, and sports fields • Picnic areas and BBQ spaces • Miles of hiking and biking trails. With privacy, natural light, extensive system upgrades, and access to exceptional community amenities, this Cabo Vista home offers a rare opportunity to enjoy comfortable living in the heart of Rancho Santa Margarita. Note: No Mello-Roos, Nobody above or below you.

Facts & features

Interior
Bedrooms
3
Bathrooms
2 full, 1 half
Living area
1,499 sq ft
Interior features
Ceiling Fans, Separate Formal Dining Room, Granite Counters, High Ceilings, Open Floorplan, Recessed Lighting, All Bedrooms Up
Appliances
Gas Range, Gas Water Heater, Microwave, Refrigerator, Water Heater
Flooring
Carpet, Tile
Fireplace
Gas, Living Room
Heating
Central
Cooling
Central Air
Laundry
Inside, Laundry Closet
Levels
Two
Spa
Association, Community
Exterior & lot
Lot size
0.245 acres (10,683 sq ft)
Pool
Community, Association
View
Hills
Architectural style
Spanish
Year built
1993
Parking
Door Multi, Garage Faces Front, Garage
Parking spaces
2
Community
Area
R 1 - Rancho Santa Margarita North
County
Orange
Community features
Street Lights, Sidewalks, Pool
HOA fee
$677/mo
Listing details
Status
Active
Property type
Condominium
Days on market
52
Listed
2026-06-03
Original price
$899,999
Terms
Cash, Cash To New Loan, Conventional
Parcel #
93374503
MLS #
OC26053475
Listed by
Brandon Brown · BayBrook Realty

Location

Price history

Listed
$899,999 · 2026-06-03
Price reduced
$884,900 (−$15,099)
Days on market
52
Current price
$884,900
Financing

Could this home be yours?

Estimated monthly payment
$5,551
$4,475 principal & interest · $1,077 taxes & insurance
$176,980
Estimate only
Loan $707,920

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Estimated value range nearby
$911,673$1,070,225

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Listing data provided by CRMLS

Listing courtesy of BayBrook Realty. © 2026. The multiple listing data appearing on this website is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. All data, including but not limited to all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. Last updated July 26, 2026 Equal Housing Opportunity.

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