
Rancho Santa Margarita, California 92688
This Upgraded Upper-Level Condominium in Rancho Santa Margarita is a Stunning Move-In Ready Home listed at $589,900, offering a stable entry point near its $582,974 Fair Market Value. Boasting an Excellent Condition Rating, the interior features a remodeled chef’s kitchen with cherry cabinetry and quartz countertops, plus a fully renovated second bathroom. The residence offers panoramic mountain views from its private balcony and sits within the Capistrano Unified School District, serving the 9/10 rated Arroyo Vista Middle School. This sanctuary is ideal 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 |
|---|---|---|---|---|---|---|
★ 42 Abrigo Subject | $579,900* List Price | 2 | 2 | 875 | $661 | - |
A 68 Abrigo Sold | $469,900 | 1 | 1 | 695 | $676 | 0.0 mi |
B 207 Pasto Rico Sold | $643,000 | 2 | 3 | 1,091 | $589 | 1.0 mi |
C 10 Timbre Active | $575,000 List Price | 2 | 2 | 814 | $706 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone extensive recent renovations that modernize its 1990 construction. Key upgrades include a fully expanded chef's kitchen with quartz countertops and cherry cabinetry, an exquisitely remodeled second bathroom with high-end finishes, and significant mechanical improvements such as a newer A/C, furnace, tankless water heater, and community-wide repiping. These comprehensive updates to both aesthetic and major functional systems place it in the excellent category.
Middle School: Arroyo Vista Middle School (9/10).
The expanded chef’s kitchen features high-end cherry cabinetry, quartz countertops, and a large peninsula island, offering a level of sophistication and utility rarely found in this price point.
The property boasts significant mechanical upgrades, including a newer A/C, furnace, tankless water heater, and water softener, plus the peace of mind of a recently repiped community.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 875, other record living area = 814.
At 875 square feet for a two-bedroom configuration, the interior footprint is relatively small, which may limit furniture options and feel restrictive for some buyers.
The 1-car garage is detached from the residence, requiring a walk outdoors to access the vehicle, which can be an inconvenience during inclement weather or when carrying groceries.
Welcome to 42 Abrigo in Rancho Santa Margarita, located in the desirable Los Portillos community. This beautifully upgraded upper-level 2 bedroom, 2 bathroom 1-car detached garage with abundant overhead storage and 1 carport #34. The home showcases gorgeous upgrades throughout, creating a move-in-ready space with a warm and inviting feel. The thoughtfully expanded chef’s kitchen is a standout feature, designed for both functionality and entertaining. It features rich cherry cabinetry with soft-close drawers and doors, quartz countertops, and a large peninsula island that provides generous workspace, storage, and seating. The kitchen flows seamlessly into the dining and living areas, enhancing the home’s open and practical layout. The primary bedroom offers a private en-suite bathroom, ample closet space, and new mirrored wardrobe doors that add both elegance and functionality while enhancing the sense of space and light. The primary bath also features new mirrored wardrobe doors for a cohesive and updated look. The secondary bedroom is ideal for guests, a home office, or flexible living needs. The exquisitely fully remodeled second bathroom is a true showpiece, featuring a beautifully designed walk-in shower with high-end finishes, modern fixtures, and elegant detailing that elevate the space with both style and sophistication. The home is finished with a combination of laminate and carpet flooring and includes a newer A/C, furnace, tankless water heater, and water softener for year-round comfort. The community was recently repiped, providing added peace of mind. Enjoy the privacy of an upper-level unit, just steps from the Arroyo hiking trail, with easy access to shopping, dining, parks, and award-winning schools. An excellent opportunity to own a beautifully upgraded home in the heart of Rancho Santa Margarita’s Los Portillos community.
No exterior & parking available.
Grades K-5 • 0.9 mi
Grades 6-8 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 875 | 1,010 | 37% |
| Lot Size | - | 17,755 | 30% |
| Price | $579.9K | $650.0K | 40% |
| Price per sq ft | $663 | $656 | 54% |
| Built year | 1990 | 1990 | 50% |
| HOA | $465.0 | $452 | 54% |
| Days on market | 52 | 170 | 2% |
Mar 28, 2026
$579,900
$589,900
-2% Price Drop
Initial Listing
Mar 1, 2026
$589,900
Initial Listing
Jun 6, 2011
$233,500
Public Record
Mar 14, 2005
$333,000
Public Record
Oct 29, 1999
$131,500
Public Record
Jun 15, 1994
$105,000
Public Record