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For Sale|CondominiumActive

54 Paseo Viento, Rancho Santa Margarita, CA 92688

  • 2 beds
  • 3 baths
  • 1,256 sq ft
  • Built 1997

MLS# OC26148993 · Listed Jul 30, 2026 · 66 Days On Site

The home

About 54 Paseo Viento

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

Property details for 54 Paseo Viento

This 2-bedroom, 3-bath condo sits in Rancho Santa Margarita in Orange County. It offers 1,256 square feet of living space and is listed at $840,000, about $669 per square foot. The home was built in 1997. The MLS record lists the assessor parcel number as 938-750-84. Highlights include hill and mountain views, a community pool and spa, a fireplace, an attached two-car garage, central air, and a turnkey 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
$840,000
Days On Site
66 Days
Bedrooms
2
Inside Area (SqFt)
1,256 sqft
Total Baths
3
Full Baths
2
Partial Baths
1
Lot Size
N/A
Year Built
1997
MLS® Number
OC26148993
Status
Active
Property Tax
N/A
HOA/Condo/Coop Fees
$283 monthly
Sq Ft Source
Assessor

General Features

Property Type
Condominium
MLS Number
OC26148993
Year Built
1997
Living Area (sq ft)
1,256
Living Area Source
Assessor
Lot Size (sq ft)
37,713
Lot Size (acres)
0.8658
Levels
Two
Bedrooms
2
Full Baths
2
Half Baths
1
Garage Spaces
2
Parking Spaces
2
View
Hills, Mountains
HOA Dues
$192
HOA Frequency
Monthly
HOA Name
Fiesta
Parcel Number
93875084
On Market Date
2026-07-30
Listing Terms
Standard

Interior Features

Interior Features
Breakfast Area, Ceiling Fans, Open Floorplan, Pantry, All Bedrooms Up, Loft
Appliances
Dishwasher, Free Standing Range, Disposal, Gas Range, Microwave, Water Heater
Flooring
Wood
Heating
Central, Forced Air, Fireplaces
Cooling
Central Air
Fireplace
Gas, Gas Starter, Living Room
Laundry
Washer Hookup, Gas Dryer Hookup, Inside, Upper Level
Main Level Bathrooms
1
Entry Level
1
Common Walls
No Common Walls
Windows
Screens
Doors
Sliding Doors
Rooms
Primary Bedroom, Bedroom, Kitchen, Living Room, Loft, Primary Bathroom, Bathroom

Exterior Features

Architectural Style
Colonial, Spanish
Roof
Tile
Construction
Drywall
Foundation
Slab
Lot Features
Back Yard, Yard
Patio and Porch
Wrap Around
Parking
Direct Access, Driveway Level, Door Single, Driveway, Garage Faces Front, Garage
Fencing
Wood
Pool Features
Community, Association
Spa
Association, Community
Sewer
Public Sewer
Water
Public
Utilities
Sewer Connected, Water Connected
Condition
Turnkey
Units
1

Community Features

Community Features
Park, Suburban, Sidewalks, Pool
Association Amenities
Clubhouse, Sport Court, Dog Park, Barbecue, Picnic Area, Playground, Pickleball, Pool, Tennis Courts, Trails
Security
Carbon Monoxide Detectors, Smoke Detectors
Second HOA Dues
$91
Second HOA Name
Samlarc

The record

Property History for 54 Paseo Viento

DateEventPriceNote
Jul 30, 2026 Listed for sale $890,000

No prior MLS sales on record for this home since 2012.

Cost of ownership

Estimated monthly payment

7.03% · 30-yr fixed
$
$6,609/mo
10% down · 30-year fixed · $84,000 down
Principal & interest$5,045
Mortgage insurance (est., over 80% LTV)$315
Property tax (est. 1.03%)$721
Home insurance (rough est., varies widely)$245
HOA from listing$283
$5,733/mo
20% down · 30-year fixed · $168,000 down
Principal & interest$4,484
Property tax (est. 1.03%)$721
Home insurance (rough est., varies widely)$245
HOA from listing$283
$5,173/mo
30% down · 30-year fixed · $252,000 down
Principal & interest$3,924
Property tax (est. 1.03%)$721
Home insurance (rough est., varies widely)$245
HOA from listing$283
Estimated carrying cost
$1,249/mo
All cash · taxes and insurance only
Principal & interestNone (cash purchase)
Property tax (est. 1.03%)$721
Home insurance (rough est., varies widely)$245
HOA from listing$283

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. 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 54 Paseo Viento

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Selling near 54 Paseo Viento

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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.

Rancho Santa Margarita home sales, past 12 months

Homes sold
165
Median price
$657,500
Median days on market
27
Median per sq ft
$640

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 Rancho Santa Margarita sales

This home, asking 12-month median Recent sales, listed below

At $669 per square foot, this home's asking price is close to the Rancho Santa Margarita median of $640 for condos that closed in the past 12 months.

Recent Rancho Santa Margarita sales

AddressClosedPriceSq ftPer sq ftDays on market
2 Carmesi Sep 22, 2026 $625,000 1,049 $596 26
110 Timbre Sep 21, 2026 $586,000 990 $592 9
7 Silktassel Sep 18, 2026 $448,000 781 $574 167
59 Via Cordoba Sep 16, 2026 $705,000 1,318 $535 48
37 Via Lavendera Sep 16, 2026 $516,000 804 $642 18

Schools

Schools for 54 Paseo Viento

As listed in the MLS record. Confirm attendance boundaries with the school district.

Elementary
Melinda Heights
Middle
Rancho Santa Margarita
High
Trabuco Hills
District
Saddleback Valley Unified

Living in Rancho Santa Margarita covers its schools, parks and beaches.

Location

Location

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Listed by Marcelo Loyola of RE/MAX Connections

Listing information updated Sep 26, 2026 at 3:45 PM PT. Source: CRMLS.

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