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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
•25d on market•MLS# OC-26216338

Property Description

Optional 4 bedrooms: 2 bedrooms, 2.5 bathrooms + LOFT + Office space in garage! The open and inviting floor plan is filled with abundant natural light, creating a warm and welcoming atmosphere throughout. The kitchen features granite countertops, pex plumbing, 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 byPlan A Real Estate, 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: No✓
Spa: No✓
Garage: 2-car✓

Listed in line with the median closed sale of $839,000. Price per sqft ($665) is a 12% premium to closed comps ($595).

Price Position

Aligned with the market — fair pricing for the comps.

At market
Subject listed at $835K· $665/sqft
Total list price
Closed comps
vs closed median $839K
−$4K (−0.5%)
Active comps
vs active median $789K
+$46K (+5.8%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $592
+$73 (+12.3%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
131 Tierra MontanosaRancho Santa Margarita1996221,24531,891$602$750,000295
44 Tierra MontanosaRancho Santa Margarita1996331,48729,634$605$899,00010789
28934 Paseo PicassoMission Viejo1997221,27814,702$610$780,0008186
28909 Paseo SabatiniMission Viejo1996221,38798,962$569$789,000383
2 Paseo Del SolRancho Santa Margarita1993331,49910,683$574$860,00015179
Total: 5 · Average2.42.41,379.237,174.4$592$815,60068.8
Median1,387$789,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
21724 San LeandroMission Viejo199710/07/2026221,2840$724,900$725,000$5651.002189
30 Paseo EstrellasRancho Santa Margarita199107/21/2026231,23125,194$715,000$715,000$5811.004688
28942 Paseo TheresaMission Viejo199507/16/2026221,4000$839,000$839,000$5991.0011585
28 Tierra MontanosaRancho Santa Margarita199601/29/2026331,47229,634$949,900$935,000$6350.987885
68 Tierra MontanosaRancho Santa Margarita199601/22/2026331,4870$899,999$885,000$5950.9814784
Total: 5 · Average2.42.61,374.827,414$819,800$819,800$595—81.4
Median1,400$839,000$839,000

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.