
Rancho Santa Margarita, California 92688
This Stunning Move-In Ready Condominium is listed at $699,800, reflecting a stable market position relative to its $671,487 Fair Market Value. Featuring a comprehensive recent remodel, including a modern kitchen and luxury vinyl flooring, the property boasts an Excellent Condition Rating of 2. Situated in the prestigious Capistrano Unified district, it offers proximity to Top-Rated Schools like Arroyo Vista Middle (9/10). With its unique carriage-style layout, private balconies, and access to premium SAMLARC amenities, this home is the perfect fit for first-time buyers or owner-occupants seeking a polished, stress-free lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 229 Pasto Rico Subject 2 bd · 2 ba · 1,032 sqft · $639 | $669,000* List Price | 2 | 2 | 1,032 | $639 | - |
A 54 Via Contento Sold 2 bd · 2 ba · 971 sqft · $628 · 0.1 mi | $610,000 | 2 | 2 | 971 | $628 | 0.1 mi |
B 3 Via Ermitas Sold 2 bd · 2 ba · 908 sqft · $661 · 0.1 mi | $599,900 | 2 | 2 | 908 | $661 | 0.1 mi |
C 151 Pasto Rico Sold 2 bd · 3 ba · 1,091 sqft · $628 · 0.1 mi | $685,000 | 2 | 3 | 1,091 | $628 | 0.1 mi |
D 93 Pasto Rico Sold 2 bd · 2 ba · 1,032 sqft · $664 · 0.1 mi | $685,000 | 2 | 2 | 1,032 | $664 | 0.1 mi |
E 19 Encantado Sold 2 bd · 2 ba · 1,329 sqft · $557 · 0.3 mi | $740,000 | 2 | 2 | 1,329 | $557 | 0.3 mi |
F 34 Via Solaz Sold 2 bd · 2 ba · 971 sqft · $617 · 0.1 mi | $599,000 | 2 | 2 | 971 | $617 | 0.1 mi |
G 42 Abrigo Sold 2 bd · 2 ba · 875 sqft · $594 · 1.0 mi | $520,000 | 2 | 2 | 875 | $594 | 1.0 mi |
H 64 Via Solaz Sold 2 bd · 2 ba · 1,170 sqft · $624 · 0.1 mi | $729,900 | 2 | 2 | 1,170 | $624 | 0.1 mi |
I 28 Via Contento Active 2 bd · 2 ba · 971 sqft · $602 · 0.1 mi | $584,999 List Price | 2 | 2 | 971 | $602 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1989, the property has undergone a comprehensive recent remodel (likely <5 years) including a modern kitchen with stainless steel appliances, updated bathrooms, and luxury vinyl flooring. The home is in mint, turnkey condition and benefits from community-wide repiping.
Middle School: Arroyo Vista Middle School (9/10).
The property features a comprehensive remodel including a modern kitchen, updated bathrooms, and luxury vinyl flooring, providing a move-in-ready experience for buyers.
The unique carriage-style layout offers single-level living with the rare advantage of having no neighbors above or below, ensuring enhanced quiet and privacy.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =107098, other record lot size in square feet = 2701.
The association fee of $585 per month is a significant recurring expense that may impact the overall affordability and debt-to-income ratio for some buyers.
Despite the resort-style marketing, the property listing indicates no specific views, which may be a drawback compared to other units in the area that overlook hills or golf courses.
Resort-style living meets turnkey comfort in the heart of Rancho Santa Margarita! Located in the desirable Serabrisa community, this beautifully remodeled 2-bedroom, 2-bath carriage-style condo offers a light-filled, single-level living space with the rare advantage of no one above or below. An interior sweeping staircase leads from the attached one-car garage with direct access to an open and spacious floor plan enhanced by dramatic vaulted ceilings, abundant natural light, designer paint, and luxury vinyl flooring throughout. The inviting living room centers around a cozy fireplace and opens to a sunny private balcony—perfect for morning coffee, relaxing at the end of the day, or entertaining family and friends. The newly remodeled kitchen brings a fresh, modern feel to the home and flows seamlessly into the generously sized dining and living areas. Both bathrooms have also been beautifully updated, making this a truly turnkey home ready to move in and enjoy. The spacious primary suite features vaulted ceilings, a walk-in closet, dual-sink vanity, remodeled bath, and access to a second private balcony. The secondary bedroom offers excellent flexibility for guests, a home office, or den. Additional highlights include two private balconies, an attached garage, an additional reserved parking space, and completed community-wide repiping. Serabrisa residents enjoy a beautifully updated community pool, spa, BBQ area, and playground, all in an outstanding Rancho Santa Margarita location. Just across from Arroyo Vista Park and close to Tijeras Creek Golf Course, shopping, dining, schools, and miles of scenic trails. SAMLARC membership provides even more opportunities to enjoy the RSM lifestyle, including Lago Santa Margarita Beach Club, additional pools, tennis and sports courts, hiking and biking trails, parks, and year-round community events. Beautifully remodeled, meticulously maintained, and ideally located—this is the turnkey Rancho Santa Margarita home you've been waiting for.
No exterior & parking available.
Grades K-5 • 0.1 mi
Grades 6-8 • 0.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,032 | 1,056.017 |
| Lot Size | 107,098 | 26,968.576 |
| Price | $669.0K | $672.1K |
| Price per sq ft | $648 | $625 |
| Built year | 1989 | 1990 |
| HOA | $585.0 | $470 |
| Days on market | 46 | 54 |
Oct 9, 2026
$669,000
$699,800
-4% Price Drop
Initial Listing
Sep 9, 2026
$699,800
Initial Listing
Oct 15, 2012
$245,000
Public Record
Jul 26, 2006
$402,500
Public Record
May 31, 1996
$105,500
Public Record