254 Pasto Rico, Rancho Santa Margarita, California 92688, Rancho Santa Margarita, 92688 - 2 bed, 3 bath
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Rancho Santa Margarita, California 92688
This Turnkey Townhouse is a Strong Value Opportunity, listed at $650,000—positioned well below the $701,800 Fair Market Value by 7%. This valuation gap offers $51,800 in Instant Equity. Featuring a Condition Rating of 3, the home includes a Granite Kitchen, PEX Repiping, and a Newer A/C. Residents enjoy SAMLARC amenities and proximity to Arroyo Vista Middle School (9/10). This property is an ideal acquisition for first-time buyers or owner-occupants seeking a move-in ready sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 254 Pasto Rico Subject | $650,000* List Price | 2 | 3 | 1,091 | $643 | - |
A 20 Pasto Rico Sold | $757,900 | 2 | 3 | 1,209 | $627 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1989, the property has undergone significant recent renovations including newer Luxury Vinyl Plank flooring, granite and quartz countertops, and stainless steel appliances. Key systems have been modernized with a newer A/C unit and a full PEX repipe, making the home functional and move-in ready.
Middle School: Arroyo Vista Middle School (9/10).
The property features significant high-value maintenance updates, including a full PEX repipe and a newer A/C system, providing peace of mind and reducing future capital expenditures for the buyer.
Both bedrooms function as private retreats with their own dedicated full bathrooms, a highly functional configuration that maximizes privacy and appeal for roommates or guests.
The association fee of $577 is relatively high for a two-bedroom unit, which may impact buyer affordability and overall debt-to-income ratios.
With only a one-car garage, the property may pose a challenge for multi-vehicle households or those requiring significant enclosed storage space.
Experience Turnkey Modern Living in this UPGRADED 2-bedroom, 2.5-bathroom townhome, featuring a 1-CAR GARAGE plus an assigned parking space. A double-door entry welcomes you in, featuring Newer Luxury Vinyl Plank flooring. The kitchen boasts granite countertops and stainless steel appliances. Enjoy the updated half bath.The property has newer A/C system and has been recently REPIPED with PEX. Upstairs, the primary suite serves as a private retreat with custom closet organizers and a stylish barn door leading to an en-suite bathroom with dual quartz-countertop sinks. The generous secondary bedroom also includes its own private, full en-suite bathroom, making this highly functional property a perfect blend of style, comfort, and convenience. As a resident of the Serabrisa community, you’ll have access to a pool, spa, and BBQ area. The Arroyo Vista Park and local schools are nearby, and great shopping, restaurants, and the Tijeras Creek Golf Course are just a short drive away. The second HOA is SAMLARC, giving you access to the Beach Club, the beautiful lake, the clubhouse, and fun community events all year long.
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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 42% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,091 | 1,411 | 21% |
| Lot Size | - | 3,200 | 32% |
| Price | $650.0K | $900.0K | 5% |
| Price per sq ft | $596 | $626 | 42% |
| Built year | 1989 | 1991 | 26% |
| HOA | $577.0 | $373 | 89% |
| Days on market | 11 | 122 | 16% |
May 26, 2026
$650,000
Initial Listing
Feb 22, 2021
$520,000
Public Record
Aug 29, 2014
$355,000
Public Record
Nov 5, 2010
$290,000
Public Record
Jul 7, 2009
$280,000
Public Record
Jan 13, 2005
$350,000
Public Record