42 Via Contento
Rancho Santa Margarita, CA 92688
Listing broker / agent: zRE Group · Kristen Grinnell · CRMLS
MLS # PW26072031 · Last checked Oct 19, 2026 07:00 UTC
About this property
Priced to sell just reduced price again! PLEASE CALL LISTING AGENT FOR SHOWING. Welcome to effortless living in the heart of Rancho Santa Margarita. Perfectly positioned as a private ground-floor corner residence, this adorable updated home offers the rare combination of move-in-ready convenience, modern updates, and the resort-style lifestyle Orange County is known for. Thoughtfully updated throughout, the home features brand-new flooring, paint, new window blinds, and a new water heater! ENTIRE CONDO HAS BEEN RE-PIPED! Move- in ready, contemporary space that's ready to enjoy from day one. The desirable corner location welcomes an abundance of natural light while offering added privacy and an inviting HUGE wrap around patio perfect for morning coffee, evening wine. Designed for easy living, the open-concept floor plan offers a seamless flow between the living, dining, and kitchen spaces. To make your move even easier, the home includes the refrigerator, LG stackable washer, and dryer, allowing you to settle in from day one. Ownership includes access to the exceptional SAMLARC amenities, featuring the Beach Club Lagoon, Lake, multiple resort-style pools, parks, tennis and pickleball courts, playgrounds, miles of scenic hiking and biking trails, and a year-round calendar of community events! Ideally located just minutes from Rancho Santa Margarita Lake, Tijeras Creek Golf Club, award-winning schools, shopping, dining, and convenient access to the 241 Toll Road, this home places the very best of South Orange County right outside your door. Whether you're purchasing your first home, downsizing, or searching for a low-maintenance Orange County retreat, this turnkey residence offers comfort, convenience, and an exceptional lifestyle in one of South Orange County's most desirable master-planned communities. Beautifully updated, ideally located, and completely move-in ready—this is the one you've been waiting for.
Property details
- MLS number
- PW26072031
- Status
- Active
- Type
- Residential
- Subtype
- Condominium
- Beds / baths
- 2 Beds • 2 Baths
- Living area
- 1,117 Sq Ft
- Lot size
- 2.1241 acres
- County
- Orange
- Year built
- 1990
- Stories
- 1
More property detailsCollapse
Listing
- Days on market
- 95
Building
- Year built
- 1990
- Year built source
- Assessor
- Stories
- 1
- Building stories
- 1
- Levels
- One
- Entry level
- 1
- Condition
- Updated Remodeled
- Living area source
- Assessor
Bathrooms
- Full bathrooms
- 2
Rooms & interior
- Main-level bedrooms
- 2
- Main-level bathrooms
- 2
- Rooms
- Bedroom, Dining Room
- Appliances
- Dishwasher, Gas Oven, Gas Range, Microwave, Dryer, Washer
- Interior features
- Breakfast Bar, Built In Features, Ceiling Fans, Separate Formal Dining Room, Furnished, Quartz Counters, Recessed Lighting, All Bedrooms Down
- Flooring
- Vinyl
- Heating
- Central
- Cooling
- Central Air
- Fireplace
- Living Room
- Laundry
- Stacked
- Accessibility features
- No Stairs, Accessible Doors
Exterior & parking
- Total parking spaces
- 3
- Garage spaces
- 1
- Parking
- Assigned, Carport, Door Single, Garage
- Attached garage
- No
- Pool
- Association
- Spa
- Association
- Patio / porch
- Rear Porch, Covered, Enclosed, Patio, Porch, Terrace, Tile, Wrap Around
- Lot features
- Zero To One Unit Acre
- Lot size source
- Assessor
- Property outlook
- None
Utilities & community
- Water
- Public
- Sewer
- Public Sewer
- Utilities
- Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
- Community features
- Biking, Curbs, Dog Park, Foothills, Golf, Hiking, Lake, Park, Storm Drains, Street Lights, Sidewalks
- Association amenities
- Clubhouse, Dock, Dog Park, Fitness Center, Maintenance Grounds, Jogging Path, Management, Barbecue, Picnic Area, Playground, Pool, Guard, Spa Hot Tub, Security, Tennis Courts, Trails
Fees & lease terms
- Association
- Yes
- Association fee
- $485.00
- Association fee frequency
- Monthly
- Additional association fee
- $81.00
- Additional fee frequency
- Monthly
Schools reported in the listing
- Elementary school
- Call District
- Middle / junior school
- Call District
- High school district
- Call Listing Office
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 |
|---|---|---|
| Arroyo Vista Middle (school website, opens in a new tab) Capistrano Unified · Rancho Santa Margarita | 6–8 | 0.3 mi |
| Arroyo Vista Elementary (school website, opens in a new tab) Capistrano Unified · Rancho Santa Margarita | K–5 | 0.3 mi |
| Tijeras Creek Elementary (school website, opens in a new tab) Capistrano Unified · Rancho Santa Margarita | K–5 | 0.7 mi |
| Philip J. Reilly Elementary (school website, opens in a new tab) Capistrano Unified · Mission Viejo | K–5 | 1.3 mi |
| Rancho Santa Margarita Intermediate Saddleback Valley Unified · Rancho Santa Margarita | 7–8 | 2.1 mi |
| Cielo Vista Elementary Saddleback Valley Unified · Rancho Santa Margarita | K–6 | 2.3 mi |
| Las Flores Elementary (school website, opens in a new tab) Capistrano Unified · Rancho Santa Margarita | K–5 | 2.5 mi |
| Las Flores Middle (school website, opens in a new tab) Capistrano Unified · Las Flores | 6–8 | 2.5 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
- $659,000
- MLS-reported original asking price
- $715,000
- MLS-reported previous asking price
- $679,999
- MLS-reported last price change
- 2026-10-06 15:43 UTC
| Observed (UTC) | Asking price |
|---|---|
| Oct 6, 2026 22:56 | $659,000 |
| Oct 2, 2026 07:40 | $679,999 |
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
23 currently active listings have an observed price-change pair ending in this period. A listing can appear in both counts.
Calculated 2026-10-19 07:34 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 ↗