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42 Paseo Viento, Rancho Santa Margarita, CA 92688

$835K2bd · 3ba · 1,256 sqft
Lot 37,713 sqft•HOA $200/mo•Condominium•
Active
•6d on market•MLS# OC-26216338

Property Description

Welcome to this beautifully situated detached home offering 2 bedrooms, 2.5 bathrooms, and a versatile loft that provides the perfect space for a home office, media room, or additional living area. The open and inviting floor plan is filled with abundant natural light, creating a warm and welcoming atmosphere throughout. The kitchen features granite countertops and flows seamlessly into the main living areas, making it ideal for everyday living and entertaining. Enjoy the added privacy of having no neighbors directly behind the property, along with the convenience of a spacious two-car garage. Located in a desirable and safe community, this home offers comfort, privacy, and a wonderful opportunity to enjoy a relaxed lifestyle. Access to Rancho Santa Margarita's master-planned community amenities like the beach club, lake, tennis courts, water park, trails, and much more are included with your HOA dues. No Mello Roos! Tax rate is about 1.01%! Insurance available at only $169 / month!

Features & Amenities

FeeBuilt 1997

Property Details

Land Type
Fee
Year Built
1997
Property Type
Residential
Property Subtype
Condominium
Parking Spaces
2
Garage Spaces
2
Heating
Central
Cooling
Central Air
City
Rancho Santa Margarita
Zip Code
92688
County
Orange
Listed byUnknown Office, Ryan Argue

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$4,222.21
Principal & Interest
Loan Amount
$668,000
Total Interest
$851,997
Total Payment Over 30 Years
$1,519,997
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Affordable Tier · 5 active · 5 closed

42 Paseo Viento, Rancho Santa Margarita, CA 92688

Rancho Santa Margarita · Condominium

$835K
Affordable Tier
Beds
2
Baths
3
Sqft
1,256
Lot
37,713 sqft
Year
1997
$/Sqft
$665
Pool: Yes✓
Spa: Yes✓
Garage: 2-car✓

Listed 18.4% above the median closed sale of $705,000. Price per sqft ($665) is a 12% premium to closed comps ($594). Closed comps sold at 101% of list — strong seller's market.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $835K· $665/sqft
Total list price
Closed comps
vs closed median $705K
+$130K (+18.4%)
Active comps
vs active median $730K
+$105K (+14.4%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $668
−$3 (−0.5%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
7 Pasto RicoRancho Santa Margarita1989231,0910$669$729,9886789
61 Tierra MontanosaRancho Santa Margarita1996221,16417,217$644$750,0005389
9 GeraniumRancho Santa Margarita1986331,1740$690$810,0007988
1 Box ElderRancho Santa Margarita1988231,03127,939$655$675,0001487
2 DianthusRancho Santa Margarita1988221,0240$683$699,900386
Total: 5 · Average2.22.61,096.822,578$668.2$732,977.643.2
Median1,091$729,988

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
107 PomeloRancho Santa Margarita199507/30/2026231,13338,790$719,800$730,000$6441.011995
25 Paseo EstrellasRancho Santa Margarita199510/01/2026231,23113,395$699,000$685,000$5560.984792
17 Calle De VidaRancho Santa Margarita199707/29/2026331,3720$859,999$915,000$6671.064291
59 Via CordobaRancho Santa Margarita199409/16/2026221,31819,500$699,000$705,000$5351.017590
73 Camino Del OroRancho Santa Margarita199209/29/2026221,22525,172$699,000$695,000$5670.995689
Total: 5 · Average2.22.61,255.824,214.25$746,000$746,000$593.8—47.8
Median1,231$705,000$705,000

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.