REALATRENDS REAL ESTATE SERVICES, INC 949·494·8830
REALATRENDS

For Sale|CondominiumActive

229 Pasto Rico, Rancho Santa Margarita, CA 92688

  • 2 beds
  • 2 baths
  • 1,032 sq ft
  • Built 1989

MLS# OC26193029 · Listed Sep 9, 2026 · 25 Days On Site

Subdivision Serabrisa

7 condos sold in the past 12 months · median $685,000

See the 2 other homes for sale

Open house

Open House

The home

About 229 Pasto Rico

Resort-style living meets turnkey comfort in the heart of Rancho Santa Margarita! Located in the desirable Serabrisa community, this beautifully remodeled 2-bedroom, 2-bath carriage-style condo offers a light-filled, single-level living space with the rare advantage of no one above or below. An interior sweeping staircase leads from the attached one-car garage with direct access to an open and spacious floor plan enhanced by dramatic vaulted ceilings, abundant natural light, designer paint, and luxury vinyl flooring throughout. The inviting living room centers around a cozy fireplace and opens to a sunny private balcony—perfect for morning coffee, relaxing at the end of the day, or entertaining family and friends. The newly remodeled kitchen brings a fresh, modern feel to the home and flows seamlessly into the generously sized dining and living areas. Both bathrooms have also been beautifully updated, making this a truly turnkey home ready to move in and enjoy. The spacious primary suite features vaulted ceilings, a walk-in closet, dual-sink vanity, remodeled bath, and access to a second private balcony. The secondary bedroom offers excellent flexibility for guests, a home office, or den. Additional highlights include two private balconies, an attached garage, an additional reserved parking space, and completed community-wide repiping. Serabrisa residents enjoy a beautifully updated community pool, spa, BBQ area, and playground, all in an outstanding Rancho Santa Margarita location. Just across from Arroyo Vista Park and close to Tijeras Creek Golf Course, shopping, dining, schools, and miles of scenic trails. SAMLARC membership provides even more opportunities to enjoy the RSM lifestyle, including Lago Santa Margarita Beach Club, additional pools, tennis and sports courts, hiking and biking trails, parks, and year-round community events. Beautifully remodeled, meticulously maintained, and ideally located—this is the turnkey Rancho Santa Margarita home you've been waiting for.

Property details for 229 Pasto Rico

This 2-bedroom, 2-bath condo sits in the Serabrisa neighborhood of Rancho Santa Margarita in Orange County. It offers 1,032 square feet of living space and is listed at $699,800, about $678 per square foot. The home was built in 1989. The MLS record lists the assessor parcel number as 935-432-68. Highlights include a community pool and spa, a fireplace, an attached one-car garage, central air, an updated home, and traditional architecture. 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
$699,800
Days On Site
25 Days
Bedrooms
2
Inside Area (SqFt)
1,032 sqft
Total Baths
2
Full Baths
2
Partial Baths
N/A
Lot Size
N/A
Year Built
1989
MLS® Number
OC26193029
Status
Active
Property Tax
N/A
HOA/Condo/Coop Fees
$676 monthly
Sq Ft Source
Assessor

General Features

Property Type
Condominium
MLS Number
OC26193029
Year Built
1989
Living Area (sq ft)
1,032
Living Area Source
Assessor
Lot Size (sq ft)
107,098
Lot Size (acres)
2.4586
Levels
Two
Bedrooms
2
Full Baths
2
Garage Spaces
1
Parking Spaces
2
View
None
HOA Dues
$585
HOA Frequency
Monthly
HOA Name
Serabrisa
Parcel Number
93543268
On Market Date
2026-09-09
Listing Terms
Standard

Interior Features

Interior Features
Balcony, Ceiling Fans, Separate Formal Dining Room, High Ceilings, Pantry, Quartz Counters, Recessed Lighting, All Bedrooms Up, Walk In Closets
Appliances
Dishwasher, Disposal, Gas Oven, Gas Water Heater, Microwave, Refrigerator, Water Heater
Flooring
Vinyl
Heating
Central
Cooling
Central Air
Fireplace
Family Room, Gas, Gas Starter
Laundry
Washer Hookup, Gas Dryer Hookup, Inside, In Garage
Entry Level
1
Common Walls
One Common Wall
Windows
Custom Coverings
Accessibility
None
Rooms
Other, Bathroom, Kitchen, Dining Room, Primary Bedroom, Entry Foyer, Bedroom, Living Room, Family Room

Exterior Features

Architectural Style
Traditional
Roof
Tile
Construction
Stucco
Foundation
Slab
Lot Features
Zero To One Unit Acre
Patio and Porch
Patio
Parking
Assigned, Direct Access, Garage, Permit Required
Fencing
None
Pool Features
Community, Gas Heat, In Ground, Association
Spa
Association, Community, In Ground
Sewer
Public Sewer
Water
Private
Utilities
Electricity Connected, Natural Gas Connected, Water Connected
Condition
Updated Remodeled, Turnkey
Units
1

Community Features

Subdivision
Serabrisa (SRB)
Community Features
Lake, Park, Pool
Association Amenities
Management, Outdoor Cooking Area, Barbecue, Other, Playground, Pool, Spa Hot Tub, Security
Security
Carbon Monoxide Detectors, Smoke Detectors
Second HOA Dues
$91

The record

Property History for 229 Pasto Rico

DateEventPriceNote
Sep 9, 2026 Listed for sale $699,800
Oct 15, 2012 Sold $245,000 Good Neighbor Mortgage&Realty

Cost of ownership

Estimated monthly payment

7.03% · 30-yr fixed
$
$5,946/mo
10% down · 30-year fixed · $69,980 down
Principal & interest$4,203
Mortgage insurance (est., over 80% LTV)$262
Property tax (est. 1.03%)$601
Home insurance (rough est., varies widely)$204
HOA from listing$676
$5,217/mo
20% down · 30-year fixed · $139,960 down
Principal & interest$3,736
Property tax (est. 1.03%)$601
Home insurance (rough est., varies widely)$204
HOA from listing$676
$4,750/mo
30% down · 30-year fixed · $209,940 down
Principal & interest$3,269
Property tax (est. 1.03%)$601
Home insurance (rough est., varies widely)$204
HOA from listing$676
Estimated carrying cost
$1,481/mo
All cash · taxes and insurance only
Principal & interestNone (cash purchase)
Property tax (est. 1.03%)$601
Home insurance (rough est., varies widely)$204
HOA from listing$676

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 229 Pasto Rico

Want to see 229 Pasto Rico in person? We have guided buyers through Serabrisa and the wider Rancho Santa Margarita market since 1983. Call to arrange a private tour, or send a note and we'll follow up.

Call (949) 494-8830

Selling near 229 Pasto Rico

Thinking of selling nearby? We bring current Serabrisa sales data and a clear pricing strategy to every listing, backed by more than 700 closed sales and over $1B in Orange County volume. Start with a free home valuation, or reach out to talk through your options.

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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.

Serabrisa home sales, past 12 months

Homes sold
7
Median price
$685,000
Median days on market
12
Median per sq ft
$628

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 Serabrisa sales

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

At $678 per square foot, this home's asking price is 8% above the Serabrisa median of $628 for condos that closed in the past 12 months.

Recent Serabrisa sales

AddressClosedPriceSq ftPer sq ftDays on market
151 Pasto Rico Jul 31, 2026 $685,000 1,091 $628 0
304 Pasto Rico Jul 20, 2026 $699,000 1,091 $641 9
98 Pasto Rico May 20, 2026 $599,000 1,032 $580 55
93 Pasto Rico May 4, 2026 $685,000 1,032 $664 3
81 Pasto Rico Apr 20, 2026 $885,000 1,426 $621 57

Schools

Schools for 229 Pasto Rico

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

Elementary
Arroyo Vista
Middle
Arroyo Seco
High
Tesoro
District
Capistrano Unified

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

Location

Location

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Listed by Maryam Amiri of Redfin

Listing information updated Oct 3, 2026 at 4:29 PM PT. Source: CRMLS.

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