81 Pasto Rico, Rancho Santa Margarita, California 92688, Rancho Santa Margarita, 92688 - 3 bed, 3 bath

81 Pasto Rico, Rancho Santa Margarita, California 92688 home-pic-0

81 Pasto Rico

Rancho Santa Margarita, California 92688

ACTIVE
CONDITION: EXCELLENT
3Beds
3Baths
1,426Sq Ft
107,098Lot Size

Property Price

LIST PRICE$900,000

SUMMARY

Analysis of 81 Pasto Rico, Rancho Santa Margarita, California 92688 is currently available with a list price of $900,000. 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

Excellent
TeardownExcellent

Property is new construction or fully renovated.

The property underwent an extensive professional renovation in 2023 and 2024, effectively bringing all major components up to modern standards. Key upgrades include a full PEX repipe, a brand-new HVAC system (2023), and a new water heater. The interior features high-quality finishes such as premium vinyl plank flooring, new waterproof-padded carpeting, and a fully remodeled kitchen with quartz countertops and Bosch/GE Profile appliances. All bathrooms were remodeled in 2023 with custom vanities and updated fixtures, leaving no deferred maintenance and qualifying the home for the highest condition rating despite its 1990 build date.

PROSSTRENGTHS & OPPORTUNITIES

  • Great Schools

    Middle School: Arroyo Vista Middle School (9/10).

  • Comprehensive Modern Upgrades

    The property features extensive mechanical and cosmetic improvements, including a full PEX repipe, new HVAC system, and a 2023 designer remodel of the kitchen and all bathrooms, ensuring move-in readiness.

  • Versatile End-Unit Layout

    This rare end-unit floor plan offers enhanced privacy and natural light, featuring a sought-after main-floor bedroom and full bath plus two upstairs bedrooms with private en-suite bathrooms.

CONSRISKS & DEFICIENCIES

  • MLS Listing Discrepancy

    Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =107098, other record lot size in square feet = 2674. Living area discrepancy between mls listing and other public or private record. mls listing living area = 1426, other record living area = 1329.

  • Limited Garage Capacity

    The property only includes a one-car garage, which may be a significant drawback for a three-bedroom household with multiple vehicles or high storage requirements.

  • Recent Pricing Volatility

    Multiple price reductions since the initial listing suggest the property may have struggled to meet market expectations, potentially impacting perceived value or future appreciation.

About 81 Pasto Rico

Unlike many homes that offer cosmetic updates alone, this immaculate end-unit townhome combines designer finishes with substantial mechanical improvements, delivering both beauty and long-term peace of mind. With added privacy, natural light, and a quieter interior setting, end-units like this are seldom available. Extensive upgrades include a full PEX repipe (unit and building), new water heater (2023), new furnace, and a brand-new HVAC system with Honeywell smart thermostat for efficiency and reliability. Even the fireplace has been refreshed. including a newer gas log unit and gas line. Inside, premium vinyl plank flooring (2023), new carpet with upgraded waterproof padding (2024), oversized baseboards, crown molding, fresh interior paint, and updated LED lighting create a clean, cohesive, elevated feel. The remodeled kitchen (2023) features resurfaced cabinetry with new hardware, quartz countertops, modern backsplash, updated fixtures, and quality appliances including a GE Profile gas range, Bosch dishwasher, GE microwave, and Insinkerator Pro disposal. All bathrooms were remodeled in 2023 with custom vanities, updated fixtures, new lighting, whisper-quiet ventilation fans, and refreshed tub enclosures. A highly desirable downstairs bedroom with full bath offers flexibility for guests, multigenerational living, or a private office. Upstairs, both bedrooms feature private en-suite baths-a layout rarely available at this price point. Sun-filled living and dining areas open to a beautifully landscaped private patio with resurfaced concrete, new outdoor tile, and removable privacy lattice-ideal for outdoor dining and relaxed Southern California living. Additional enhancements include professionally built under-stair storage, cleaned ductwork, new registers, updated window coverings, and a finished garage with epoxy flooring, built-ins, overhead storage and a LiftMaster opener. Convenient parking with a one-car garage, private driveway, assigned space directly beside the home, and nearby guest parking. Located in the desirable Serabrisa community, residents enjoy a renovated pool, spa, and BBQ area, along with SAMLARC amenities including the lake (with adjacent shops and dining) pools, lagoon and trails. Arroyo Vista Elementary is just one block away. With HOA-covered walls-out insurance and trash, no Mello-Roos, a low base tax rate, and comparatively lower insurance costs than many surrounding areas, ownership here offers financial predictability.

Property Details

Public Facts

Property Type
Condominium
Year Built
1990
Lot Size
107,098 Sq. Ft.

Interior

Total Bedrooms
3
Total Bathrooms
3 (3 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$577.0 / Month

Neighborhood Insights

Rancho Santa Margarita Unified Schools

Arroyo Vista Elementary School

Grades K-5 • 0.0 mi

7/10

Arroyo Vista Middle School

Grades 6-8 • 0.0 mi

9/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds3.02.0
78%
Baths3.02.0
75%
Square foot1,4261,027
82%
Lot Size107,09814,925
92%
Price$900.0K$650.0K
87%
Price per sq ft$631$662
34%
Built year19901990
50%
HOA$577.0$452
97%
Days on market46178
9%

Pricing History

Listed for Sale

Mar 6, 2026

$900,000

$895,000

+1% Price Increase

Initial Listing

Price Change

Feb 19, 2026

$895,000

$915,000

-2% Price Drop

Initial Listing

Price Change

Feb 9, 2026

$915,000

$925,000

-1% Price Drop

Initial Listing

Price Change

Feb 2, 2026

$925,000

$939,000

-1% Price Drop

Initial Listing

Price Change

Jan 20, 2026

$939,000

Initial Listing

Sold

Apr 28, 2023

$785,000

Public Record

Sold

Jul 1, 2014

$436,000

Public Record

Sold

Nov 18, 2008

$322,000

Public Record

Sold

May 3, 2006

$523,000

Public Record

Sold

Jun 27, 2003

$335,000

Public Record

Sold

Jul 3, 2002

$284,000

Public Record

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