4 Paseo Estrellas, Rancho Santa Margarita, California 92688, Rancho Santa Margarita, 92688 - 2 bed, 2 bath
4 Paseo Estrellas
Rancho Santa Margarita, California 92688
Property Price
SUMMARY
Analysis of 4 Paseo Estrellas, Rancho Santa Margarita, California 92688 is currently available with a list price of $700,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Rancho Santa Margarita Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Despite being built in 1991, this property has undergone extensive renovations within the last year, including a new roof, new HVAC system, new paint, new lighting, and new luxury vinyl flooring throughout. The kitchen features new white cabinets, quartz countertops, and all new stainless steel appliances. Both bathrooms have been fully remodeled with modern finishes, quartz counters, and new fixtures. All components appear new or virtually new, meeting current quality standards with no deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Extensive Modern Upgrades
The property features recent renovations including new paint, lighting, luxury vinyl flooring, a fully remodeled kitchen with quartz counters, white soft-close cabinets, and new stainless steel appliances, plus a remodeled primary bathroom.
- Major System Replacements
Significant investments have been made in critical infrastructure, including a new HVAC system, a new roof, and new rain gutters installed last year, offering peace of mind and reduced immediate maintenance concerns.
- Private End Unit with Natural Light
Positioned as an end unit with no neighbors above or below, ensuring enhanced privacy, reduced noise, and an abundance of natural light throughout the home.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =25194, other record lot size in square feet = 1394.
- Condominium Living & HOA Fees
As a condominium, the property is subject to an association fee ($91.0) and potential community rules, which may not suit all buyers seeking complete autonomy or private outdoor space.
- Compact Square Footage
With 1110 square feet, the living space is relatively modest, which could be a limiting factor for buyers desiring more expansive interiors or larger families.
About 4 Paseo Estrellas
Welcome to 4 Paseo Estrellas, this stunning home is full of natural light it's a end unit, with no one below or above. Privacy and views make this a desirable location in the Cabo Vista community of Rancho Santa Margarita. One car garage attached, Two bedroom with two en-suite bathrooms. One primary bedroom on the main level has walk in closet, a fan, and newly remodeled white and grey shower and bathroom with quartz counter with two sinks. The upstairs is perfect for bedroom or office and has a private bath. Beautiful window shades throughout let in light with privacy. New,paint, lighting, luxury vinyl wood floor. Dedicated full size laundry and walk in pantry highlight this floorplan. The new quartz kitchen counters and white cabinets w soft close throughout. All new appliances, six burner stainless range and stove, microwave and Stainless refrigerator with French door and new stainless dishwasher, New havac system and the roof was replaced last year and has new rain gutters. Located near and full access to the Lago Santa Margarita beach club, biking and hiking trails, pickle ball and tennis courts. Love the lake life with the RSM Town Center and shops and restaurants. Easy access to the Toll Road for commuting, enjoy this rare opportunity to own in Rancho Santa Margarita.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1991
- Lot Size
- 25,194 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $91.0 / Month
Neighborhood Insights
Rancho Santa Margarita Unified Schools
Melinda Heights Elementary School
Grades K-6 • 0.6 mi
Rancho Santa Margarita Intermediate School
Grades 7-8 • 2.0 mi
Trabuco Hills High School
Grades 9-12 • 1.6 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,110 | 1,027 | 62% |
| Lot Size | 25,194 | 14,925 | 59% |
| Price | $700.0K | $650.0K | 61% |
| Price per sq ft | $631 | $662 | 34% |
| Built year | 1991 | 1990 | 58% |
| HOA | $91.0 | $452 | 3% |
| Days on market | 59 | 178 | 11% |
Pricing History
Listed for Sale
Jan 7, 2026
$700,000
Initial Listing
Sold
Mar 9, 2022
$650,000
Public Record
Sold
Nov 23, 2021
$485,000
Public Record
Sold
Jun 10, 1998
$136,000
Public Record