Beautiful home with one of the most desirable 4 bedroom 3 bath floorplans in the heart of Rancho Santa Margarita. Home is bright with an open layout and high ceilings. The main level includes a bedroom and a full bath. The updated kitchen features quartz counters, custom backsplash, soft-close cabinets, stainless steel appliances, a large island with breakfast bar, and a walk-in pantry. Upstairs includes a small loft/tech area, laundry room, and spacious primary suite with balcony, dual sinks, separate tub and shower, vanity, walk-in closet plus an additional closet. Upgrades include new windows, luxury vinyl and carpet flooring, baseboards, lighting, and hardware. One of the largest pool-size lots in the neighborhood offers plenty of outdoor space. Enjoy low HOA fees through SAMLARC that include parks, pools, tennis courts, and the beach club on the lake.
Sold for $1,100,000
Listed by: Elevate Real Estate Inc • Nancy Bishay • Contact: 805-428-6323
Bought with: Elevate Real Estate Inc
Tax assessed value
$1,100,000
40 Taos, Rancho Santa Margarita, CA 92688
4beds
1,975sqft
Single Family Residence
Built in 1997
5,087 Square Feet Lot
$1,111,800 Zestimate®
$557/sqft
$4,834 Estimated rent
Home value
$1,111,800
$1.02M - $1.21M
$4,834/mo
Zestimate® history
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List your homeWhat's special
Pool-size lotOpen layoutSpacious primary suiteNew windowsSeparate tub and showerHigh ceilingsQuartz counters
Zillow last checked:
Listing updated:
Listed by:
Nancy Bishay DRE #02086284 805-428-6323,
Elevate Real Estate Inc
Bought with:
Nancy Bishay, DRE #02086284
Elevate Real Estate Inc
Source: CRMLS,MLS#: OC25245226
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
- Main level bathrooms: 1
- Main level bedrooms: 1
Rooms
- Room types: Bedroom, Family Room, Kitchen, Laundry, Loft, Other, Pantry
Bedroom
- Features: Bedroom on Main Level
Bathroom
- Features: Bathtub, Closet, Dual Sinks, Enclosed Toilet, Separate Shower, Tub Shower, Vanity
Other
- Features: Walk-In Closet(s)
Pantry
- Features: Walk-In Pantry
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Dishwasher, Disposal, Gas Oven, Gas Range, Microwave, Water Heater
- Laundry: Gas Dryer Hookup, Inside, Laundry Room, Upper Level
Features
- Built-in Features, Balcony, High Ceilings, Open Floorplan, Pantry, Recessed Lighting, Bedroom on Main Level, Loft, Walk-In Pantry, Walk-In Closet(s)
- Has fireplace: Yes
- Fireplace features: Family Room
- Common walls with other units/homes: 1 Common Wall
Interior area
- Total interior livable area: 1,975 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage - Attached
- Attached garage spaces: 2
Features
- Levels: Two
- Stories: 2
- Entry location: 1
- Patio & porch: Covered
- Pool features: Association
- Has spa: Yes
- Spa features: Association
- Has view: Yes
- View description: Hills, Mountain(s)
Lot
- Size: 5,087 Square Feet
- Features: 0-1 Unit/Acre
Details
- Parcel number: 81423119
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1997
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Biking, Dog Park, Fishing, Hiking, Lake, Street Lights, Sidewalks
- Subdivision: Santa Fe (Safe)
HOA
- Has HOA: Yes
- Amenities included: Dog Park, Pool, Trail(s)
- HOA fee: $87 monthly
- HOA name: SAMLARC
- HOA phone: 949-709-0100
Location
- Region: Rancho Santa Margarita
Financial & listing details
- Price per square foot: $557/sqft
- Tax assessed value: $1,100,000
- Date on market: 10/29/2025
- Cumulative days on market: 4 days
- Listing terms: Cash,Conventional
- Inclusions: washer, dryer, refrigerator
Price history
| Date | Event | Price |
|---|---|---|
| 11/14/2025 | Sold | $1,100,000$557/sqft |
Source:  CRMLS #OC25245226 Report a problem | ||
| 11/6/2025 | Contingent | $1,100,000$557/sqft |
Source: CRMLS #OC25245226 Report a problem | ||
| 10/29/2025 | Listed for sale | $1,100,000+47.7%$557/sqft |
Source: CRMLS #OC25245226 Report a problem | ||
| 10/19/2025 | Listing removed | $4,600$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/18/2025 | Price change | $4,600-3.2%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/1/2025 | Listed for rent | $4,750+13.1%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/14/2022 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 10/6/2022 | Listed for rent | $4,200+21.7%$2/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 2/24/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 8/8/2020 | Listing removed | $3,450$2/sqft |
Source: Owner Report a problem | ||
| 8/6/2020 | Listed for rent | $3,450$2/sqft |
Source: Owner Report a problem | ||
| 7/7/2020 | Sold | $745,000-0.5%$377/sqft |
Source:  CRMLS #OC20070509 Report a problem | ||
| 5/24/2020 | Pending sale | $749,000$379/sqft |
Source: Coldwell Banker Realty #OC20070509 Report a problem | ||
| 5/16/2020 | Listed for sale | $749,000$379/sqft |
Source: Coldwell Banker Realty #OC20070509 Report a problem | ||
| 4/10/2020 | Listing removed | $749,000$379/sqft |
Source: Coldwell Banker Realty - Laguna Niguel #OC20070509 Report a problem | ||
| 4/8/2020 | Listed for sale | $749,000+261.8%$379/sqft |
Source: Coldwell Banker Realty #OC20070509 Report a problem | ||
| 12/18/1997 | Sold | $207,000$105/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $1,100,000 +36.4% |
| 2025 | $8,414 +1.8% | $806,410 +2% |
| 2024 | $8,268 +2.3% | $790,599 +2% |
| 2023 | $8,081 +1.7% | $775,098 +2% |
| 2022 | $7,945 +3.8% | $759,900 +2% |
| 2021 | $7,656 +149% | $745,000 +147% |
| 2020 | $3,075 | $301,633 +2% |
| 2019 | $3,075 -4.8% | $295,719 +2% |
| 2018 | $3,231 -18.1% | $289,921 +2% |
| 2017 | $3,946 | $284,237 +2% |
| 2016 | $3,946 -6.7% | $278,664 +1.5% |
| 2015 | $4,228 +3.8% | $274,479 +2% |
| 2014 | $4,074 | $269,103 +0.5% |
| 2013 | -- | $267,887 +2% |
| 2012 | -- | $262,635 +2% |
| 2011 | -- | $257,486 +0.8% |
| 2010 | -- | $255,562 -0.2% |
| 2009 | -- | $256,170 +2% |
| 2008 | -- | $251,148 +2% |
| 2007 | -- | $246,224 +2% |
| 2006 | -- | $241,397 +2% |
| 2005 | -- | $236,664 +2% |
| 2004 | -- | $232,024 +1.9% |
| 2003 | -- | $227,772 +2% |
| 2002 | -- | $223,306 +2% |
| 2001 | $3,733 +0.3% | $218,928 +2% |
| 2000 | $3,723 | $214,636 |
Find assessor info on the county website
Neighborhood: 92688
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Nearby schools
GreatSchools rating
- 7/10Cielo Vista Elementary SchoolGrades: K-6Distance: 1 mi
- 7/10Rancho Santa Margarita Intermediate SchoolGrades: 7-8Distance: 0.8 mi
- 10/10Trabuco Hills High SchoolGrades: 9-12Distance: 3.6 mi
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Estimated market value
$1,111,800
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Estimated market value
$1,111,800
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