
Rancho Santa Margarita, California 92688
This Spacious Townhouse represents a Strong Value Opportunity, listed at $699,000—positioned well below the $705,152 Fair Market Value by 0.87%. This valuation gap offers $6,152 in Instant Equity. Featuring a Good Condition Rating, the home includes modern smart-home upgrades, LVP flooring, and an expansive private patio with greenbelt views. Located in the Capistrano Unified district near Arroyo Vista Middle School (9/10), this property is an ideal choice for first-time buyers or owner-occupants seeking a turnkey lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 258 Pasto Rico Subject 2 bd · 3 ba · 1,209 sqft · $583 | $699,000* List Price | 2 | 3 | 1,209 | $583 | - |
A 254 Pasto Rico Sold 2 bd · 3 ba · 1,091 sqft · $587 · 0.0 mi | $640,000 | 2 | 3 | 1,091 | $587 | 0.0 mi |
B 95 Pasto Rico Sold 3 bd · 3 ba · 1,329 sqft · $621 · 0.1 mi | $825,000 | 3 | 3 | 1,329 | $621 | 0.1 mi |
C 20 Pasto Rico Sold 2 bd · 3 ba · 1,209 sqft · $627 · 0.1 mi | $757,900 | 2 | 3 | 1,209 | $627 | 0.1 mi |
D 41 Via Lampara Active 3 bd · 3 ba · 1,407 sqft · $625 · 0.4 mi | $880,000 List Price | 3 | 3 | 1,407 | $625 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1989, the property is well-maintained and move-in ready with significant updates. Key improvements include newer LVP flooring throughout, granite countertops in the kitchen, and a suite of modern smart home systems (Ecobee, smart lighting, and locks). While the cabinetry retains a more traditional style, the overall condition and functional upgrades align with the 'Good' criteria for a 15-30 year renovation cycle.
Middle School: Arroyo Vista Middle School (9/10).
Positioned as the lowest-priced home per square foot in the golf course area with recent price reductions, offering a highly competitive entry point into the Serabrisa community.
Features one of the largest private patios in the neighborhood, offering a rare expansive space for entertaining with a built-in gas BBQ and tranquil greenbelt views.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =106678, other record lot size in square feet = 2713.
The property only offers a one-car garage, which may be a significant constraint for multi-vehicle households despite the inclusion of one additional assigned space.
The $583 monthly association fee is relatively high and represents a substantial recurring expense that buyers must factor into their overall affordability.
** LOWEST PRICED HOME PER SQFT IN THE GOLF COURSE AREA!** PRICED FOR A QUICK SALE! Welcome to this beautiful townhome in the desirable Serabrisa community of Rancho Santa Margarita. This spacious home features 2 generously sized bedrooms, 2 full bathrooms, and a convenient powder room on the main level. One of the home's standout features is its exceptionally large private patio, one of the largest in the neighborhood. Ideally positioned along the greenbelt and facing the tot-lot, the patio is surrounded by mature trees and offers a wonderful space to relax, entertain, or enjoy the built-in gas BBQ. Inside, the inviting eat-in kitchen features granite countertops and Whirlpool appliances, while the spacious living room offers plantation shutters and a cozy fireplace. The generously sized dining area opens directly to the patio, creating an ideal indoor-outdoor living experience. The oversized primary suite enjoys peaceful views of the surrounding trees and features a spacious en-suite bathroom with dual sinks, a large walk-in closet, and a luxurious oval soaking tub. The secondary bedroom features mirrored wardrobe doors and its own private bathroom. Upgrades include LVP flooring throughout the home and stairs, an Ecobee smart thermostat, smart blinds in the primary bedroom, smart light dimmers in the kitchen, dining room, living room, and both bedrooms, a smart front door lock, and a smart garage opener. The property also offers an attached extra-deep one-car garage plus one assigned parking space. Enjoy all that Rancho Santa Margarita has to offer, with easy access to excellent schools, as well as nearby Tijeras Creek Golf Course. The community has its own pool & spa, and you get to enjoy all the fantastic amenities of RSM - with the Jr Olympic pool, many parks, sports parks, tennis, BBQ/Picnic areas, trails, and RSM Lake!
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 | 2.6 |
| Baths | 3.0 | 3.0 |
| Square foot | 1,209 | 1,455.6 |
| Lot Size | 106,678 | 25,497.667 |
| Price | $699.0K | $859.1K |
| Price per sq ft | $578 | $615 |
| Built year | 1989 | 1990 |
| HOA | $583.0 | $512 |
| Days on market | 59 | 71 |
Oct 9, 2026
$699,000
$715,000
-2% Price Drop
Initial Listing
Sep 16, 2026
$715,000
$750,750
-5% Price Drop
Initial Listing
Aug 27, 2026
$750,750
Initial Listing
Feb 18, 2016
$400,000
Public Record
Dec 5, 2011
$250,000
Public Record
Sep 13, 2001
$222,000
Public Record