59 Camino Del Oro, Rancho Santa Margarita, California 92688, Rancho Santa Margarita, 92688 - 2 bed, 2 bath
Loading property details...
Rancho Santa Margarita, California 92688
This Turnkey Condominium in the Cabo Vista community is a Strong Value Opportunity, listed at $699,000—positioned slightly above the $668,149 Fair Market Value. While priced at a premium, the property maintains a Condition Rating of 3 with significant recent capital improvements, including a newer AC condenser and water heater. Zoned for Top-Rated Schools like Melinda Heights Elementary and Trabuco Hills High, this home offers a stable, high-quality lifestyle. It is an ideal acquisition for first-time buyers or young families seeking a move-in ready residence in South Orange County.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 59 Camino Del Oro Subject | $699,000* List Price | 2 | 2 | 1,110 | $602 | - |
A 4 Paseo Estrellas Sold | $699,000 | 2 | 2 | 1,110 | $630 | 0.0 mi |
B 101 Camino Del Oro Sold | $734,000 | 2 | 3 | 1,231 | $596 | 0.0 mi |
C 3 Camino Del Oro Sold | $650,000 | 2 | 2 | 1,110 | $586 | 0.1 mi |
D 23 Paseo Estrellas Active | $725,000 List Price | 2 | 3 | 1,231 | $589 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1992 but significantly updated. Key systems (AC condenser and water heater) are less than 5 years old. The kitchen features stainless steel appliances and stone countertops, and the primary bathroom has been fully renovated with modern tile work and a walk-in shower, fitting the 5-15 year renovation profile for a well-maintained, move-in ready home.
The property features significant recent upgrades including a newer AC condenser, water heater, and dual-pane windows, offering buyers peace of mind and reduced immediate maintenance costs.
Zoned for top-tier schools like Melinda Heights Elementary and Trabuco Hills High, this home is situated in a prime location for families prioritizing high-quality education.
Located within walking distance or a short drive to major retailers like Costco and Trader Joe's, plus local parks and trails, providing an ideal South Orange County lifestyle.
The monthly HOA fee of $567 is relatively high, which may impact the overall debt-to-income ratio and monthly carrying costs for budget-conscious buyers.
The two-story configuration with an attached garage necessitates navigating stairs, which could be a limitation for buyers seeking single-level accessibility or aging-in-place options.
Both Water Heater and Air/Conditioner upgraded in 2023. Upgraded Double glass windows. Welcome to 59 Camino Del Oro, a beautifully maintained two-story condo located in the highly desirable Cabo Vista community of Rancho Santa Margarita. Offering 2 bedrooms, 2 full bathrooms, and approximately 1,187 sqft of comfortable living space, this light-filled home features an open-concept floor plan, a cozy fireplace in the living room, and a spacious private balcony that creates a warm and inviting atmosphere. The home has been thoughtfully upgraded over the years, including dual-pane windows for improved energy efficiency and quieter indoor living. The water heater and central AC condenser have both been replaced within the past five years, and the exterior paint has also been refreshed within the last five years, providing added comfort and peace of mind for the next owner. The functional two-story layout offers enhanced privacy and separation of space, while the attached garage adds everyday convenience. Residents enjoy access to community pool and spa amenities, along with close proximity to parks, hiking trails, shopping, dining, Trader Joe’s, Costco, Target, Starbucks, Cinepolis theater, and many other daily conveniences. Located within highly rated schools including Melinda Heights Elementary (8/10) and Trabuco Hills High School (10/10), this home is an excellent opportunity for first-time buyers, young families, or anyone looking to enjoy the South Orange County lifestyle with outstanding value.
No exterior & parking available.
Grades K-6 • 0.6 mi
Grades 7-8 • 2.1 mi
Grades 9-12 • 1.6 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 | 1,110 | 1,032 | 61% |
| Lot Size | 1,490 | 25,596.5 | 27% |
| Price | $699.0K | $685.0K | 53% |
| Price per sq ft | $630 | $642 | 44% |
| Built year | 1992 | 1990 | 59% |
| HOA | $567.0 | $448 | 89% |
| Days on market | 26 | 150 | 4% |
May 21, 2026
$699,000
Initial Listing
Aug 16, 2019
$430,000
Public Record
Nov 20, 2013
$364,000
Public Record