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54 Paseo Viento, Rancho Santa Margarita, CA 92688

$840K2bd · 3ba · 1,256 sqft
Lot 37,713 sqft•HOA $192/mo•Condominium•
Active
•74d on market•MLS# OC-26148993

Property Description

DETACHED CONDOMINIUM *** Unlike an attached condominium, this detached residence may qualify for streamlined or waived condominium project review under certain conventional financing guidelines, including applicable Fannie Mae/Freddie Mac requirements. Buyer and buyer’s lender to independently verify financing and project eligibility ***. Offering the privacy, comfort, and feel of a single-family residence with no shared living walls, this inviting two-story home features 2 spacious bedrooms, 2.5 bathrooms, a versatile upstairs loft ideal for a home office or study, an attached 2-car garage with 2 car driveway, and a generously sized private backyard with no rear neighbors. Step inside to a light-filled, open-concept floor plan designed for comfortable everyday living and effortless entertaining. The well-appointed kitchen offers attractive cabinetry, quality appliances, a pantry, and a window overlooking the backyard, while the adjoining dining area flows seamlessly to the outdoor patio, creating the indoor-outdoor lifestyle Southern California is famous for. A convenient powder room completes the main level. Thoughtfully updated for today’s homeowner, this move-in-ready residence showcases smart-home, comfort, and energy-efficient improvements, including an Ecobee® Wi-Fi smart thermostat with an upstairs comfort sensor, a smartphone-controlled Rain Bird® irrigation system, an LG ThinQ® smart washer & dryer on pedestals, 220V EV Charging Outlet, dual-pane tinted windows & Wood Flooring throughout, a new rain gutter with leaf guard over the patio, an outdoor shower, a custom dog door integrated into the sliding glass door, perfect for your four-legged family member. Enjoy low HOA dues while experiencing Rancho Sta Margarita's exceptional lifestyle, including access to four community pools, spa, tennis courts, pickleball courts, basketball courts, beautiful parks, miles of scenic hiking and biking trails, and the picturesque Lake & recreation area. Ideally located within the attendance area of highly regarded schools and just minutes from shopping, restaurants, entertainment, the 241 Toll Road, and countless outdoor recreation opportunities, this exceptional home offers the perfect blend of privacy, technology, comfort, and convenience. Wake up to bright mornings, spend your afternoons enjoying the nearby trails, parks, pools, or RSM lake. Homes offering this combination of detached living, smart-home upgrades, a private backyard are a rare find

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, Fireplace(s), Forced Air
Cooling
Central Air
View
Hills, Mountain(s)
Flooring
Wood
Roof
Tile
City
Rancho Santa Margarita
Zip Code
92688
County
Orange
Listed byUnknown Office, Marcelo Loyola

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$4,247.50
Principal & Interest
Loan Amount
$672,000
Total Interest
$857,099
Total Payment Over 30 Years
$1,529,099
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

54 Paseo Viento, Rancho Santa Margarita, CA 92688

Rancho Santa Margarita · Condominium

$840K
Affordable Tier
Beds
2
Baths
3
Sqft
1,256
Lot
37,713 sqft
Year
1997
$/Sqft
$669
Pool: Yes✓
Spa: Yes✓
View: mountain✓
Garage: 2-car✓

Listed 19.1% above the median closed sale of $705,000. Price per sqft ($669) is a 13% 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 $840K· $669/sqft
Total list price
Closed comps
vs closed median $705K
+$135K (+19.1%)
Active comps
vs active median $730K
+$110K (+15.1%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $656
+$13 (+2.0%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
61 Tierra MontanosaRancho Santa Margarita1996221,16417,217$644$750,0005286
7 Pasto RicoRancho Santa Margarita1989231,0910$669$729,9886586
9 GeraniumRancho Santa Margarita1986331,1740$690$810,0007785
1 Box ElderRancho Santa Margarita1988231,03127,939$655$675,0001384
55 Via CordobaRancho Santa Margarita1995221,12819,500$620$698,9995983
Total: 5 · Average2.22.61,117.621,552$655.6$732,797.453.2
Median1,128$729,988

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
107 PomeloRancho Santa Margarita199507/30/2026231,13338,790$719,800$730,000$6441.011992
17 Calle De VidaRancho Santa Margarita199707/29/2026331,3720$859,999$915,000$6671.064292
73 Camino Del OroRancho Santa Margarita199209/29/2026221,22525,172$699,000$695,000$5670.995689
25 Paseo EstrellasRancho Santa Margarita199510/01/2026231,23113,395$699,000$685,000$5560.984789
59 Via CordobaRancho Santa Margarita199409/16/2026221,31819,500$699,000$705,000$5351.017587
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.