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42 Via Contento, Rancho Santa Margarita, CA 92688

$659K2bd · 2ba · 1,117 sqft
Lot 92,527 sqft•HOA $485/mo•Condominium•
Active
•5d on market•MLS# PW-26072031

Property Description

Priced to sell! 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.

Features & Amenities

FeeBuilt 1990

Property Details

Land Type
Fee
Year Built
1990
Property Type
Residential
Property Subtype
Condominium
Parking Spaces
3
Garage Spaces
1
Heating
Central
Cooling
Central Air
View
None
Flooring
Vinyl
City
Rancho Santa Margarita
Zip Code
92688
County
Orange
Listed byUnknown Office, Kristen Grinnell

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$3,332.26
Principal & Interest
Loan Amount
$527,200
Total Interest
$672,415
Total Payment Over 30 Years
$1,199,615
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 Via Contento, Rancho Santa Margarita, CA 92688

Rancho Santa Margarita · Condominium

$659K
Affordable Tier
Beds
2
Baths
2
Sqft
1,117
Lot
2.12 ac
Year
1990
$/Sqft
$590
Pool: Yes✓
Spa: Yes✓
View: None✓
Garage: 1-car✓

Listed 5.4% above the median closed sale of $625,000. Closed comps sold at 101% of list — strong seller's market.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $659K· $590/sqft
Total list price
Closed comps
vs closed median $625K
+$34K (+5.4%)
Active comps
vs active median $675K
−$16K (−2.4%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $651
−$61 (−9.4%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
229 Pasto RicoRancho Santa Margarita1989221,032107,098$648$669,0004095
94 Via ContentoRancho Santa Margarita19902297197,580$613$595,0004595
2 DianthusRancho Santa Margarita1988221,0240$683$699,900394
8 DoradoRancho Santa Margarita1989221,05052,155$643$675,0005494
7 Pasto RicoRancho Santa Margarita1989231,0910$669$729,9886693
Total: 5 · Average2.02.21,033.685,611$651.2$673,777.641.6
Median1,032$675,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
2 CarmesiRancho Santa Margarita198909/22/2026221,0490$630,000$625,000$5960.998897
6 LeonadoRancho Santa Margarita198909/01/2026221,10262,246$628,000$625,000$5670.994796
54 Via ContentoRancho Santa Margarita199010/01/20262297192,527$599,000$610,000$6281.021995
18 MarinoRancho Santa Margarita198910/09/2026228880$614,900$650,000$7321.063692
73 Camino Del OroRancho Santa Margarita199209/29/2026221,22525,172$699,000$695,000$5670.995691
Total: 5 · Average2.02.01,04759,981.667$641,000$641,000$618—49.2
Median1,049$625,000$625,000

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.