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For sale
    • Listed by: BayBrook Realty • Brandon Brown • Contact: 949-232-4044
    $899,999

    2 Paseo Del Sol, Rancho Santa Margarita, CA 92688

    3beds
    1,499sqft
    : 
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    Condominium
    Built in 1993
    -- sqft lot
    $889,800 Zestimate®
    $600/sqft
    $768/mo HOA

    What's special

    Custom portable islandAbundant natural lightFinished attic storagePeaceful hillside surroundingsLarge windowsTravertine flooringHigh ceilings
    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.
    33 days
    |
    547
    |
    17
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    Zillow last checked:

    Listing updated:

    Listed by:

    Brandon Brown DRE #01394509 949-232-4044,

    BayBrook Realty

    Source: CRMLS,MLS#: OC26053475MLS LogoOriginating MLS: California Regional MLS

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 3
      • Full bathrooms: 2
      • 1/2 bathrooms: 1
      • Main level bathrooms: 1
      Rooms
      • Room types: Bedroom, Family Room, Kitchen, Living Room, Dining Room
      Bedroom
      • Features: All Bedrooms Up
      Bathroom
      • Features: Multiple Shower Heads, Remodeled, Separate Shower, Tub Shower, Vanity
      Kitchen
      • Features: Kitchen/Family Room Combo, Remodeled, Updated Kitchen
      Heating
      • Central
      Cooling
      • Central Air
      Appliances
      • Included: Gas Range, Gas Water Heater, Microwave, Refrigerator, Water Heater
      • Laundry: Inside, Laundry Closet
      Features
      • Ceiling Fan(s), Separate/Formal Dining Room, Granite Counters, High Ceilings, Open Floorplan, Recessed Lighting, All Bedrooms Up
      • Flooring: Carpet, Tile
      • Windows: Blinds
      • Has fireplace: Yes
      • Fireplace features: Gas, Living Room
      • Common walls with other units/homes: 1 Common Wall,End Unit
      Interior area
      • Total interior livable area: 1,499 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 2
      • Parking features: Door-Multi, Garage Faces Front, Garage
      • Attached garage spaces: 2
      Features
      • Levels: Two
      • Stories: 2
      • Entry location: 1
      • Patio & porch: Rear Porch, Concrete, Wrap Around
      • Exterior features: Rain Gutters
      • Pool features: Community, Association
      • Has spa: Yes
      • Spa features: Association, Community
      • Fencing: Block
      • Has view: Yes
      • View description: Hills
      Lot
      • Size: 10,683 Square Feet
      • Features: Back Yard, Corner Lot, Cul-De-Sac, Level, Street Level, Yard
      Details
      • Parcel number: 93374503
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: Condo
      • Architectural style: Spanish
      • Property subtype: Condominium
      • Attached to another structure: Yes
      Materials
      • Stucco
      • Foundation: Slab
      • Roof: Tile
      Condition
      • Updated/Remodeled,Turnkey
      • New construction: No
      • Year built: 1993

      Utilities & green energy

      • Electric: 220 Volts in Laundry
      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Cable Available, Electricity Connected, Sewer Connected, Water Connected

      Community & HOA

      Community
      • Features: Street Lights, Sidewalks, Pool
      • Security: Carbon Monoxide Detector(s), Fire Sprinkler System, Smoke Detector(s)
      • Subdivision: Cabo Vista (Cvs)
      HOA
      • Has HOA: Yes
      • Amenities included: Maintenance Grounds, Barbecue, Picnic Area, Pickleball, Pool, Pet Restrictions, Pets Allowed, Spa/Hot Tub, Security, Trash
      • Services included: Sewer
      • HOA fee: $677 monthly
      • HOA name: Cabo Vista
      • HOA phone: 949-448-6000
      • Second HOA fee: $91 monthly
      • Second HOA phone: 888-663-7763
      Location
      • Region: Rancho Santa Margarita

      Financial & listing details

      • Price per square foot: $600/sqft
      • Tax assessed value: $638,634
      • Annual tax amount: $6,656
      • Date on market: 6/3/2026
      • Cumulative days on market: 33 days
      • Listing terms: Cash,Cash to New Loan,Conventional
      • Inclusions: Refridgerator
      • Exclusions: Mirror behind front door
      • Road surface type: Paved

        Estimated market value

        $889,800

        $845,000 - $934,000

        $4,430/mo

        Price history

        DateEventPrice
        6/3/2026Listed for sale$899,999+52.5%$600/sqft
        Source: CRMLS #OC26053475 Report a problem
        10/30/2020Sold$590,000+0.9%$394/sqft
        Source: CRMLS #OC20196017 Report a problem
        9/28/2020Pending sale$585,000$390/sqft
        Source: Keller Williams OCC Realty #OC20196017 Report a problem
        9/23/2020Listed for sale$585,000+7.3%$390/sqft
        Source: Keller Williams OCC Realty #OC20196017 Report a problem
        7/26/2005Sold$545,000+102.2%$364/sqft
        Source: Public Record Report a problem
        2/22/2002Sold$269,500$180/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$6,656 +1.7%$638,634 +2%
        2024$6,542 +2.3%$626,112 +2%
        2023$6,392 +1.7%$613,836 +2%
        2022$6,287 +2.6%$601,800 +2%
        2021$6,128 +6.4%$590,000 +7.3%
        2020$5,760 $550,000
        2019$5,760 -10.8%$550,000 +8.9%
        2018$6,461 -6.5%$504,900
        2017$6,914 $504,900 +2%
        2016$6,914 +0.4%$495,000 +6.5%
        2015$6,888 +15.9%$465,000 +9.7%
        2014$5,942 $424,000 +23.3%
        2013-- $344,000
        2012-- $344,000
        2011-- $344,000 -4.2%
        2010-- $359,000 +4.8%
        2009-- $342,500 -21.2%
        2008-- $434,500 -21.8%
        2007-- $555,900 +2%
        2006-- $545,000 +90.8%
        2005-- $285,622 +2%
        2004-- $280,022 +1.9%
        2003-- $274,890 +55.9%
        2002-- $176,286 +2%
        2001$3,002 +1.5%$172,830 +2%
        2000$2,958 $169,442

        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 92688

        Getting around

        8 / 100
        Car-Dependent
        32 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Melinda Heights
        • High: Trabucco Hills

        Source: CRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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