288 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 Highly Functional Dual-Ensuite Townhome is listed at $650,000, representing a market-aligned entry into the prestigious Serabrisa community near its $625,600 Fair Market Value. Maintaining a Condition Rating of 4, the home features new interior paint, stainless steel appliances, and a private outdoor patio. The Dual-Ensuite Layout provides maximum privacy, complemented by exclusive access to the SAMLARC Beach Club and lake. Located steps from the 9/10 rated Arroyo Vista Middle School, this turnkey property is ideal for first-time buyers or Owner-Occupants seeking a high-quality suburban lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 288 Pasto Rico Subject | $650,000* List Price | 2 | 3 | 1,091 | $573 | - |
A 207 Pasto Rico Sold | $643,000 | 2 | 3 | 1,091 | $589 | 0.1 mi |
B 63 Encantado Canyon Sold | $745,000 | 2 | 2 | 1,230 | $606 | 0.3 mi |
C 32 Via Contento Sold | $537,500 | 2 | 2 | 864 | $622 | 0.2 mi |
D 61 Rabano Sold | $635,000 | 2 | 2 | 1,051 | $604 | 0.3 mi |
E 57 Rabano Sold | $575,000 | 2 | 2 | 1,051 | $547 | 0.3 mi |
F 143 Via Lampara Active Under Contract | $739,000 List Price | 2 | 3 | 1,323 | $559 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property is well-maintained and move-in ready with recent cosmetic updates such as new paint and stainless steel appliances. However, built in 1990, the home is 36 years old and lacks evidence of a full modern renovation. While the interior is clean and functional, the cabinetry, countertops, and overall aesthetic in the kitchen and bathrooms appear to be older or original to the construction era, consistent with the 'fair' criteria for properties of this age with regular upkeep but no major recent overhauls.
Middle School: Arroyo Vista Middle School (9/10).
The floor plan is highly functional with both upstairs bedrooms featuring private ensuite bathrooms, offering maximum privacy and convenience for roommates or guests.
Residents enjoy access to both Serabrisa and SAMLARC facilities, including a private pool, spa, and the exclusive Beach Club and lake, significantly enhancing the lifestyle value.
The combined HOA fees of $577 plus additional SAMLARC dues represent a significant monthly expense that may impact buyer affordability compared to similar properties.
The home features a detached one-car garage located a few steps away, which lacks the convenience of direct interior access and may be insufficient for multi-vehicle households.
Welcome to this 2-Bedroom, 2.5 Bathroom Newly Painted Townhome with Outdoor Patio. Tucked away in one of Rancho Santa Margarita’s most desirable communities: Serabrisa. The home has been recently REPIPED with PEX, newer Water Heater, and Newer Kitchen Appliances. A double-door entry leads you into a light-filled living space anchored by a cozy fireplace and expansive windows. The floor plan flows easily from the kitchen, featuring stainless steel appliances and a dining area, into the main living room. From there, a sliding door opens to your private patio, the perfect spot to unwind or entertain guests. A convenient powder room completes the main floor. Upstairs, you will find two bedrooms, including a primary suite with a bathroom featuring dual-sinks and a shower with a tub. The secondary bedroom conveniently includes an ensuite bathroom. Enjoy your own detached one-car garage just a few steps from the front door. 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 | 2.0 | 50% |
| Baths | 3.0 | 2.0 | 70% |
| Square foot | 1,091 | 1,027 | 59% |
| Lot Size | - | 17,755 | 30% |
| Price | $650.0K | $650.0K | 50% |
| Price per sq ft | $596 | $655 | 21% |
| Built year | 1990 | 1990 | 50% |
| HOA | $577.0 | $452 | 94% |
| Days on market | 37 | 170 | 2% |
Mar 16, 2026
$650,000
Initial Listing
Mar 27, 2014
$310,000
Public Record