$849,800
3Beds3Baths1,499SqFt
47 Via MaderaRancho Santa Margarita, CA 92688Cabo Vista
2 Paseo Del Sol, Rancho Santa Margarita, CA 92688
- 3 beds
- 3 baths
- 1,499 sq ft
- Built 1993
Subdivision Cabo Vista
6 condos sold in the past 12 months · median $707,000
The home
About 2 Paseo Del Sol
DON'T SLEEP ON THIS LOCATION! Extremely Rare, 3-bedroom, 2.5-bath, End-Unit Condo Backing to Wrap-Around Greenbelt in Cabo Vista, Rancho Santa Margarita.
This upgraded 3-bedroom, 2.5-bathroom end-unit condo with direct-access 2-car garage offers approximately 1,499 square feet of living space, plus added privacy, abundant natural light, and peaceful hillside surroundings.
Positioned at the edge of the community, the home enjoys no direct neighbors behind and a unique greenbelt setting, creating a rare sense of openness not commonly found in attached homes.
Inside, high ceilings and large windows fill the home with natural light. The open living area features travertine flooring and a gas fireplace with fire glass, while the remodeled kitchen includes granite countertops and a custom portable island designed for both everyday use and entertaining.
One of the standout features is the extended outdoor patio, an ideal space for relaxing or hosting gatherings while enjoying views of trees, hillside, and the surrounding greenbelt.
Significant system upgrades include:
• Repiped plumbing
• Upgraded main water line
• Recently flushed and serviced water heater
• High-efficiency heat pump HVAC system
• Enlarged ductwork for improved airflow
• Integrated whole-home air purification system
• Panasonic built-in air purifier in one bedroom
• Nest thermostat
• Finished attic storage
• Epoxy garage flooring with built-in overhead storage.
Residents of Cabo Vista enjoy community amenities including pool, spa, BBQ areas, and neighborhood events, along with access to the broader amenities that make Rancho Santa Margarita one of Orange County’s most desirable planned communities.
Nearby amenities include:
• Rancho Santa Margarita Lake and walking paths
• Beach Club lagoon with sandy shoreline
• Multiple parks, playgrounds, and sports fields
• Picnic areas and BBQ spaces
• Miles of hiking and biking trails.
With privacy, natural light, extensive system upgrades, and access to exceptional community amenities, this Cabo Vista home offers a rare opportunity to enjoy comfortable living in the heart of Rancho Santa Margarita. Note: No Mello-Roos, Nobody above or below you.
Property details for 2 Paseo Del Sol
This 3-bedroom, 3-bath condo sits in the Cabo Vista neighborhood of Rancho Santa Margarita in Orange County. It offers 1,499 square feet of living space and is listed at $860,000, about $574 per square foot. The home was built in 1993. The MLS record lists the assessor parcel number as 933-745-03. Highlights include hill views, a community pool and spa, a fireplace, an attached two-car garage, central air, and an updated home. The detail sections on this page cover interior and exterior features, estimated taxes, HOA dues where they apply, and the map location.
Specifications
Home Details
At a glance
- Price
- $860,000
- Days On Site
- 123 Days
- Bedrooms
- 3
- Inside Area (SqFt)
- 1,499 sqft
- Total Baths
- 3
- Full Baths
- 2
- Partial Baths
- 1
- Lot Size
- N/A
- Year Built
- 1993
- MLS® Number
- OC26053475
- Status
- Active
- Property Tax
- N/A
- HOA/Condo/Coop Fees
- $768 monthly
- Sq Ft Source
- Assessor
General Features
- Property Type
- Condominium
- MLS Number
- OC26053475
- Year Built
- 1993
- Living Area (sq ft)
- 1,499
- Living Area Source
- Assessor
- Lot Size (sq ft)
- 10,683
- Lot Size (acres)
- 0.2452
- Levels
- Two
- Bedrooms
- 3
- Full Baths
- 2
- Half Baths
- 1
- Garage Spaces
- 2
- Parking Spaces
- 2
- View
- Hills
- HOA Dues
- $677
- HOA Frequency
- Monthly
- HOA Name
- Cabo Vista
- Parcel Number
- 93374503
- On Market Date
- 2026-06-03
- Listing Terms
- Standard
Interior Features
- Interior Features
- Ceiling Fans, Separate Formal Dining Room, Granite Counters, High Ceilings, Open Floorplan, Recessed Lighting, All Bedrooms Up
- Appliances
- Gas Range, Gas Water Heater, Microwave, Refrigerator, Water Heater
- Flooring
- Carpet, Tile
- Heating
- Central
- Cooling
- Central Air
- Fireplace
- Gas, Living Room
- Laundry
- Inside, Laundry Closet
- Main Level Bathrooms
- 1
- Entry Level
- 1
- Common Walls
- One Common Wall, End Unit
- Windows
- Blinds
- Rooms
- Bedroom, Bathroom, Kitchen, Dining Room, Living Room, Family Room
Exterior Features
- Architectural Style
- Spanish
- Exterior Features
- Rain Gutters
- Roof
- Tile
- Construction
- Stucco
- Foundation
- Slab
- Lot Features
- Back Yard, Corner Lot, Cul De Sac, Level, Street Level, Yard
- Patio and Porch
- Rear Porch, Concrete, Wrap Around
- Parking
- Door Multi, Garage Faces Front, Garage
- Fencing
- Block
- Pool Features
- Community, Association
- Spa
- Association, Community
- Sewer
- Public Sewer
- Water
- Public
- Utilities
- Cable Available, Electricity Connected, Sewer Connected, Water Connected
- Condition
- Updated Remodeled, Turnkey
- Faces
- West
- Units
- 1
Community Features
- Subdivision
- Cabo Vista (CVS)
- Community Features
- Street Lights, Sidewalks, Pool
- Association Amenities
- Maintenance Grounds, Barbecue, Picnic Area, Pickleball, Pool, Pet Restrictions, Pets Allowed, Spa Hot Tub, Security, Trash
- Security
- Carbon Monoxide Detectors, Fire Sprinkler System, Smoke Detectors
- Second HOA Dues
- $91
The record
Property History for 2 Paseo Del Sol
| Date | Event | Price | Note |
|---|---|---|---|
| Jun 3, 2026 | Listed for sale | $899,999 |
Cost of ownership
Estimated monthly payment
7.03% · 30-yr fixed$
$7,245/mo
10% down · 30-year fixed · $86,000 down
Principal & interest$5,165
Mortgage insurance (est., over 80% LTV)$323
Property tax (est. 1.03%)$738
Home insurance (rough est., varies widely)$251
HOA from listing$768
$6,348/mo
20% down · 30-year fixed · $172,000 down
Principal & interest$4,591
Property tax (est. 1.03%)$738
Home insurance (rough est., varies widely)$251
HOA from listing$768
$5,774/mo
30% down · 30-year fixed · $258,000 down
Principal & interest$4,017
Property tax (est. 1.03%)$738
Home insurance (rough est., varies widely)$251
HOA from listing$768
Estimated carrying cost
$1,757/mo
All cash · taxes and insurance only
Principal & interestNone (cash purchase)
Property tax (est. 1.03%)$738
Home insurance (rough est., varies widely)$251
HOA from listing$768
Estimate only, not a loan offer or quote. Principal and interest use the Freddie Mac 30-year fixed average of 7.03% (week of Sep 24, 2026); your rate will differ. A loan this size is typically a jumbo loan, which prices differently. Tax and insurance are modelled, not billed amounts; tax uses a typical Rancho Santa Margarita rate, excluding Mello-Roos. Verify all figures. Full assumptions and disclosures.
Next steps
Buying 2 Paseo Del Sol
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The neighborhood
About Rancho Santa Margarita
Rancho Santa Margarita is a master-planned Orange County community in the foothills of the Santa Ana Mountains, bordered to the east by the Cleveland National Forest and centered on the man-made Lago Santa Margarita. Adjacent O'Neill Regional Park spans thousands of acres of oak-shaded canyon habitat, and the city is served by the Saddleback Valley Unified and Capistrano Unified school districts.
Cabo Vista home sales, past 12 months
- Homes sold
- 6
- Median price
- $707,000
- Median days on market
- 19
- Median per sq ft
- $591
Recorded MLS closings of condos, Sep 27, 2025 to Sep 27, 2026. Days on market run from listing to going under contract.
Price per square foot against recent Cabo Vista sales
At $574 per square foot, this home's asking price is close to the Cabo Vista median of $591 for condos that closed in the past 12 months.
Recent Cabo Vista sales
| Address | Closed | Price | Sq ft | Per sq ft | Days on market |
|---|---|---|---|---|---|
| 23 Paseo Estrellas | Aug 17, 2026 | $720,000 | 1,231 | $585 | 63 |
| 30 Paseo Estrellas | Jul 21, 2026 | $715,000 | 1,231 | $581 | 9 |
| 59 Camino Del Oro | Jul 20, 2026 | $661,120 | 1,110 | $596 | 28 |
| 101 Camino Del Oro | Apr 21, 2026 | $734,000 | 1,231 | $596 | 10 |
| 4 Paseo Estrellas | Mar 17, 2026 | $699,000 | 1,110 | $630 | 37 |
Schools
Schools for 2 Paseo Del Sol
As listed in the MLS record. Confirm attendance boundaries with the school district.
- Elementary
- Melinda Heights
- High
- Trabucco Hills
- District
- Saddleback Valley Unified
Living in Rancho Santa Margarita covers its schools, parks and beaches.
Location
Location
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Listed by Brandon Brown of BayBrook Realty
Listing information updated Sep 30, 2026 at 4:08 PM PT. Source: CRMLS.
This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.