2 Paseo Del Sol, Rancho Santa Margarita, CA 92688
2 Paseo Del Sol, Rancho Santa Margarita, CA 92688
Property Description
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.
Features & Amenities
Property Details
Mortgage Calculator
Current Rates
Comparative Market Analysis
Affordable Tier · 5 active · 5 closed
Rancho Santa Margarita · Condominium
Listed 6.0% below the median closed sale of $915,000. Price per sqft ($574) is a 12% discount to closed comps ($651). Closed comps sold at 102% of list — strong seller's market.
Price Position
Priced below the market — value advantage over the field.
Active Properties (5)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 79 Alondra | Rancho Santa Margarita | 1997 | 3 | 3 | 1,497 | 83,138 | $621 | $929,000 | 1 | 92 |
| 17 Calle De Los Ninos | Rancho Santa Margarita | 1998 | 3 | 3 | 1,290 | 8,890 | $671 | $865,000 | 41 | 92 |
| 44 Tierra Montanosa | Rancho Santa Margarita | 1996 | 3 | 3 | 1,487 | 29,634 | $605 | $899,000 | 85 | 91 |
| 87 Fuente | Rancho Santa Margarita | 1991 | 3 | 3 | 1,687 | 3,546 | $599 | $1.01M | 20 | 90 |
| 12 Via Empanada | Rancho Santa Margarita | 1992 | 2 | 2 | 1,503 | 0 | $715 | $1.07M | 122 | 89 |
| Total: 5 · Average | 2.8 | 2.8 | 1,492.8 | 31,302 | $642.2 | $955,580 | 53.8 | |||
| Median | 1,497 | $929,000 | ||||||||
Closed Properties (5)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 17 Calle De Vida | Rancho Santa Margarita | 1997 | 07/29/2026 | 3 | 3 | 1,372 | 0 | $859,999 | $915,000 | $667 | 1.06 | 42 | 94 |
| 31 Cascada | Rancho Santa Margarita | 1989 | 05/07/2026 | 3 | 3 | 1,675 | 0 | $965,000 | $965,000 | $576 | 1.00 | 37 | 92 |
| 67 Wild Horse | Rancho Santa Margarita | 1987 | 10/06/2026 | 3 | 3 | 1,460 | 48,609 | $905,000 | $920,000 | $630 | 1.02 | 24 | 90 |
| 63 Poppyfield Lane | Rancho Santa Margarita | 1998 | 07/07/2026 | 3 | 3 | 1,214 | 0 | $920,000 | $907,000 | $747 | 0.99 | 76 | 90 |
| 26 Bloomfield Lane | Rancho Santa Margarita | 1999 | 08/03/2026 | 3 | 3 | 1,438 | 62,878 | $899,000 | $910,000 | $633 | 1.01 | 45 | 89 |
| Total: 5 · Average | 3.0 | 3.0 | 1,431.8 | 55,743.5 | $923,400 | $923,400 | $650.6 | — | 44.8 | ||||
| Median | 1,438 | $915,000 | $915,000 | ||||||||||
Market Analysis
List vs Sale $/SqFt
Sale Price Trend
Days on Market
Sale vs List Price
This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.