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Rancho Santa Margarita, CA

$720,000

23 Paseo Estrellas, Rancho Santa Margarita, CA
2
Beds
3
Baths
1,231
Sq Ft
1991
Built
58
Days listed

About this home

Welcome to this beautifully maintained condo in the desirable Cabo Vista community of Rancho Santa Margarita. This spacious two-bedroom floor plan features dual upstairs suites, each with its own private bathroom, offering comfort, privacy, and flexibility for guests or home office living. The spacious primary suite includes a walk-in closet, dual sinks, and an inviting retreat-like feel, while the secondary bedroom also features its own en-suite bath. Downstairs, the large family room offers a cozy fireplace and patio views, creating a warm and inviting space for everyday living and entertaining. The dining area flows seamlessly between the living room and kitchen, while the kitchen features a breakfast nook, granite countertop, generous counter space with cabinetry and appliances including a 5-burner gas range, microwave, and dishwasher. Additional highlights include an interior laundry room, downstairs powder room, and attached one-car garage. Residents of Cabo Vista enjoy a resort-style pool and spa area, while Rancho Santa Margarita offers an exceptional lifestyle with parks, pools, hiking and biking trails, and Lake Rancho Santa Margarita beach club amenities. Ideally located near award-winning schools, shopping, dining, and convenient toll road access. Don’t miss this opportunity to enjoy comfortable living in one of Orange County’s most desirable communities.

Facts & features

Interior
Bedrooms
2
Bathrooms
2 full, 1 half
Living area
1,231 sq ft
Interior features
Breakfast Bar, Cathedral Ceilings, Eat In Kitchen, High Ceilings, Open Floorplan, Pantry, Recessed Lighting, All Bedrooms Up, Primary Suite, Walk In Closets
Appliances
Dishwasher, Disposal, Gas Range, Microwave, Water Heater
Flooring
Carpet, Vinyl
Fireplace
Family Room
Heating
Central
Cooling
Central Air
Laundry
Inside, Laundry Room
Levels
Two
Spa
Association, Community, Heated, In Ground
Exterior & lot
Lot size
0.034 acres (1,500 sq ft)
Pool
Community, Gunite, Heated, Association
View
Neighborhood
Architectural style
Mediterranean
Year built
1991
Parking
Direct Access, Garage, On Site
Parking spaces
1
Community
Area
R 1 - Rancho Santa Margarita North
County
Orange
Community features
Biking, Curbs, Gutters, Hiking, Lake, Storm Drains, Street Lights, Sidewalks, Park, Pool
HOA fee
$91/mo
Listing details
Status
Active
Property type
Condominium
Days on market
58
Listed
2026-05-15
Original price
$725,000
Terms
Submit
Parcel #
93374493
MLS #
OC26109623
Listed by
Vicki Goodell · Berkshire Hathaway HomeService

Location

Price history

Listed
$725,000 · 2026-05-15
Price reduced
$720,000 (−$5,000)
Days on market
58
Current price
$720,000
Financing

Could this home be yours?

Estimated monthly payment
$4,517
$3,641 principal & interest · $876 taxes & insurance
$144,000
Estimate only
Loan $576,000

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Estimated value range nearby
$810,782$951,788

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Listing data provided by CRMLS

Listing courtesy of Berkshire Hathaway HomeService. © 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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