2 Paseo Del Sol
Rancho Santa Margarita, CA 92688
Listing broker / agent: BayBrook Realty · Brandon Brown · 949-232-4044 · CRMLS
MLS # OC26053475 · Last checked Oct 19, 2026 20:51 UTC
About this property
DON'T SLEEP ON THIS LOCATION! Extremely Rare, 3-bedroom, 2.5-bath, End-Unit Condo Backing to Wrap-Around Greenbelt in Cabo Vista, Rancho Santa Margarita. This upgraded 3-bedroom, 2.5-bathroom end-unit condo with direct-access 2-car garage offers approximately 1,499 square feet of living space, plus added privacy, abundant natural light, and peaceful hillside surroundings. Positioned at the edge of the community, the home enjoys no direct neighbors behind and a unique greenbelt setting, creating a rare sense of openness not commonly found in attached homes. Inside, high ceilings and large windows fill the home with natural light. The open living area features travertine flooring and a gas fireplace with fire glass, while the remodeled kitchen includes granite countertops and a custom portable island designed for both everyday use and entertaining. One of the standout features is the extended outdoor patio, an ideal space for relaxing or hosting gatherings while enjoying views of trees, hillside, and the surrounding greenbelt. Significant system upgrades include: • Repiped plumbing • Upgraded main water line • Recently flushed and serviced water heater • High-efficiency heat pump HVAC system • Enlarged ductwork for improved airflow • Integrated whole-home air purification system • Panasonic built-in air purifier in one bedroom • Nest thermostat • Finished attic storage • Epoxy garage flooring with built-in overhead storage. Residents of Cabo Vista enjoy community amenities including pool, spa, BBQ areas, and neighborhood events, along with access to the broader amenities that make Rancho Santa Margarita one of Orange County’s most desirable planned communities. Nearby amenities include: • Rancho Santa Margarita Lake and walking paths • Beach Club lagoon with sandy shoreline • Multiple parks, playgrounds, and sports fields • Picnic areas and BBQ spaces • Miles of hiking and biking trails. With privacy, natural light, extensive system upgrades, and access to exceptional community amenities, this Cabo Vista home offers a rare opportunity to enjoy comfortable living in the heart of Rancho Santa Margarita. Note: No Mello-Roos, Nobody above or below you.
Property details
- MLS number
- OC26053475
- Status
- Active
- Type
- Residential
- Subtype
- Condominium
- Beds / baths
- 3 Beds • 3 Baths
- Living area
- 1,499 Sq Ft
- County
- Orange
- Year built
- 1993
- Stories
- 2
More property detailsCollapse
Listing
- Days on market
- 138
Building
- Year built
- 1993
- Year built source
- Assessor
- Architectural style
- Spanish
- Stories
- 2
- Building stories
- 2
- Levels
- Two
- Entry level
- 1
- Construction
- Stucco
- Roof
- Tile
- Foundation
- Slab
- Condition
- Updated Remodeled, Turnkey
- Living area source
- Assessor
Bathrooms
- Full bathrooms
- 2
- Half bathrooms
- 1
Rooms & interior
- Main-level bedrooms
- 0
- Main-level bathrooms
- 1
- Rooms
- Bedroom, Family Room, Kitchen, Living Room, Dining Room
- Appliances
- Gas Range, Gas Water Heater, Microwave, Refrigerator, Water Heater
- Interior features
- Ceiling Fans, Separate Formal Dining Room, Granite Counters, High Ceilings, Open Floorplan, Recessed Lighting, All Bedrooms Up
- Flooring
- Carpet, Tile
- Heating
- Central
- Cooling
- Central Air
- Fireplace
- Gas, Living Room
- Laundry
- Inside, Laundry Closet
Exterior & parking
- Total parking spaces
- 2
- Garage spaces
- 2
- Parking
- Door Multi, Garage Faces Front, Garage
- Attached garage
- Yes
- Pool
- Community, Association
- Spa
- Association, Community
- Patio / porch
- Rear Porch, Concrete, Wrap Around
- Exterior features
- Rain Gutters
- Lot features
- Back Yard, Corner Lot, Cul De Sac, Level, Street Level, Yard
- Lot size source
- Assessor
- Fencing
- Block
- Property outlook
- Hills
Utilities & community
- Water
- Public
- Sewer
- Public Sewer
- Utilities
- Cable Available, Electricity Connected, Sewer Connected, Water Connected
- Community features
- Street Lights, Sidewalks, Pool
- Association amenities
- Maintenance Grounds, Barbecue, Picnic Area, Pickleball, Pool, Pet Restrictions, Pets Allowed, Spa Hot Tub, Security, Trash
Fees & lease terms
- Association
- Yes
- Association fee
- $677.00
- Association fee frequency
- Monthly
- Additional association fee
- $91.00
- Additional fee frequency
- Monthly
Schools reported in the listing
- Elementary school
- Melinda Heights
- High school
- Trabucco Hills
- High school district
- Saddleback Valley Unified
School information is supplied with the listing. Confirm current attendance boundaries and enrollment eligibility directly with the school district.
Nearby public schools
Nearby does not mean assigned. These are approximate straight-line distances from the property, not walking or driving routes. Confirm attendance boundaries, enrollment eligibility, grades and current school status directly with the district.
| School / district | Grades | Distance |
|---|---|---|
| Melinda Heights Elementary Saddleback Valley Unified · Rancho Santa Margarita | K–6 | 0.9 mi |
| Trabuco Hills High Saddleback Valley Unified · Mission Viejo | 9–12 | 1.6 mi |
| Arroyo Vista Middle (school website, opens in a new tab) Capistrano Unified · Rancho Santa Margarita | 6–8 | 1.8 mi |
| Arroyo Vista Elementary (school website, opens in a new tab) Capistrano Unified · Rancho Santa Margarita | K–5 | 1.8 mi |
| Del Lago Elementary Saddleback Valley Unified · Mission Viejo | K–6 | 1.8 mi |
| Tijeras Creek Elementary (school website, opens in a new tab) Capistrano Unified · Rancho Santa Margarita | K–5 | 1.9 mi |
| Rancho Santa Margarita Intermediate Saddleback Valley Unified · Rancho Santa Margarita | 7–8 | 2.1 mi |
| Trabuco Elementary Saddleback Valley Unified · Trabuco Canyon | K–6 | 2.1 mi |
Source: California Department of Education · 2025-26 school locations. Downloaded Oct 2, 2026 UTC. This annual snapshot may not reflect later changes. Public schools only; not a complete list of education options. No ratings or attendance assignments are provided.
Check the California School Directory ↗Price and tax history
Asking price
- Current asking price
- $860,000
- MLS-reported original asking price
- $899,999
- MLS-reported previous asking price
- $884,900
- MLS-reported last price change
- 2026-09-30 15:58 UTC
| Observed (UTC) | Asking price |
|---|---|
| Oct 2, 2026 06:09 | $860,000 |
MLS values are reported for this listing, not prior sales. Observation dates show when our importer saw an asking price, not when the MLS changed it. Up to 24 observations are retained; changes between refreshes may be missed. This is not a complete price or sales history.
Property taxes
Tax history is not available from the imported listing data.
Source: MLS feed. Only supplied tax years are shown, up to 10 years; this is not a county tax archive. Amounts may be corrected and taxes may change after purchase. Verify assessments and current taxes with the county. These values do not automatically fill the payment calculator.
Market trends in Rancho Santa Margarita
Active residential homes for sale in Rancho Santa Margarita, CA, available through this website's authorized feed. Includes residential subtypes; excludes rentals. Not the entire market or a valuation of this property.
Observed price activity · past 30 days
22 currently active listings have an observed price-change pair ending in this period. A listing can appear in both counts.
Calculated 2026-10-19 21:36 UTC. Source: this website's authorized MLS inventory. Import progress, freshness rules and coverage affect the figures. Medians exclude missing/invalid values; price per sq ft is the median of individual listing ratios. Price observations are limited to the last 24 per listing and may miss changes between refreshes. This is not a complete 30-day market report, historical inventory trend, appreciation measure, or sold-price analysis.
Payment calculator
Explore a fixed-rate loan scenario. The price comes from this listing; a 20% down payment and 30-year term are starting assumptions, not requirements. Enter your own interest rate—not APR—and estimated costs.
Illustration only—not a rate quote, preapproval, lending offer or affordability determination. Assumes equal monthly payments on a fully amortizing fixed-rate loan; no adjustable rates, interest-only periods or balloon payments. Excludes closing costs, utilities, maintenance, special assessments and other unentered costs. Actual payments and escrow can differ. Review a Loan Estimate with your lender.
Understanding homeownership costs — CFPB ↗