42 Paseo Viento, Rancho Santa Margarita, CA 92688
- 2 beds
- 3 baths
- 1,256 sq ft
- Built 1997
Subdivision Fiesta
The home
About 42 Paseo Viento
Welcome to this beautifully situated detached home offering 2 bedrooms, 2.5 bathrooms, and a versatile loft that provides the perfect space for a home office, media room, or additional living area. The open and inviting floor plan is filled with abundant natural light, creating a warm and welcoming atmosphere throughout. The kitchen features granite countertops and flows seamlessly into the main living areas, making it ideal for everyday living and entertaining. Enjoy the added privacy of having no neighbors directly behind the property, along with the convenience of a spacious two-car garage. Located in a desirable and safe community, this home offers comfort, privacy, and a wonderful opportunity to enjoy a relaxed lifestyle.
Property details for 42 Paseo Viento
This 2-bedroom, 3-bath condo sits in the Fiesta neighborhood of Rancho Santa Margarita in Orange County. It offers 1,256 square feet of living space and is listed at $835,000, about $665 per square foot. The home was built in 1997. The MLS record lists the assessor parcel number as 938-750-90. Highlights include a community pool and spa, a fireplace, an attached two-car garage, and central air. 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
- $835,000
- Days On Site
- 3 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
- OC26216338
- Status
- Active
- Property Tax
- N/A
- HOA/Condo/Coop Fees
- $291 monthly
- Sq Ft Source
- Assessor
General Features
- Property Type
- Condominium
- MLS Number
- OC26216338
- 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
- Neighborhood
- HOA Dues
- $200
- HOA Frequency
- Monthly
- HOA Name
- Fiesta
- Parcel Number
- 93875090
- On Market Date
- 2026-10-08
- Listing Terms
- Standard
Interior Features
- Interior Features
- All Bedrooms Up
- Appliances
- Dishwasher, Disposal, Gas Range, Microwave, Water Heater
- Heating
- Central
- Cooling
- Central Air
- Fireplace
- Living Room
- Laundry
- Inside
- Main Level Bathrooms
- 1
- Entry Level
- 1
- Common Walls
- No Common Walls
- Rooms
- Primary Bedroom, Bedroom, Kitchen, Living Room, Primary Bathroom
Exterior Features
- Lot Features
- Zero To One Unit Acre
- Parking
- Garage
- Pool Features
- Association
- Spa
- Association
- Sewer
- Public Sewer
- Water
- Public
- Units
- 1
Community Features
- Subdivision
- Fiesta (FIES)
- Community Features
- Park, Suburban, Sidewalks
- Association Amenities
- Clubhouse, Sport Court, Dog Park, Barbecue, Picnic Area, Playground, Pickleball, Pool, Tennis Courts, Trails
- Second HOA Dues
- $91
- Second HOA Name
- SAMLARC
The record
Property History for 42 Paseo Viento
| Date | Event | Price | Note |
|---|---|---|---|
| Oct 8, 2026 | Listed for sale | $835,000 |
No prior MLS sales on record for this home since 2012.
Cost of ownership
Estimated monthly payment
7.28% · 30-yr fixed$
$6,707/mo
10% down · 30-year fixed · $83,500 down
Principal & interest$5,142
Mortgage insurance (est., over 80% LTV)$313
Property tax (est. 1.03%)$717
Home insurance (rough est., varies widely)$244
HOA from listing$291
$5,823/mo
20% down · 30-year fixed · $167,000 down
Principal & interest$4,571
Property tax (est. 1.03%)$717
Home insurance (rough est., varies widely)$244
HOA from listing$291
$5,251/mo
30% down · 30-year fixed · $250,500 down
Principal & interest$3,999
Property tax (est. 1.03%)$717
Home insurance (rough est., varies widely)$244
HOA from listing$291
Estimated carrying cost
$1,252/mo
All cash · taxes and insurance only
Principal & interestNone (cash purchase)
Property tax (est. 1.03%)$717
Home insurance (rough est., varies widely)$244
HOA from listing$291
Estimate only, not a loan offer or quote. Principal and interest use the Freddie Mac 30-year fixed average of 7.28% (week of Oct 1, 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 42 Paseo Viento
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Selling near 42 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
- 166
- Median price
- $658,750
- Median days on market
- 27
- Median per sq ft
- $638
Recorded MLS closings of condos, Oct 4, 2025 to Oct 4, 2026. Days on market run from listing to going under contract.
Price per square foot against recent Rancho Santa Margarita sales
At $665 per square foot, this home's asking price is close to the Rancho Santa Margarita median of $638 for condos that closed in the past 12 months.
Recent Rancho Santa Margarita sales
| Address | Closed | Price | Sq ft | Per sq ft | Days on market |
|---|---|---|---|---|---|
| 25 Paseo Estrellas | Oct 1, 2026 | $685,000 | 1,231 | $556 | 18 |
| 54 Via Contento | Oct 1, 2026 | $610,000 | 971 | $628 | 0 |
| 3 Via Ermitas | Sep 30, 2026 | $599,900 | 908 | $661 | 28 |
| 73 Camino Del Oro | Sep 29, 2026 | $695,000 | 1,225 | $567 | 15 |
| 2 Carmesi | Sep 22, 2026 | $625,000 | 1,049 | $596 | 26 |
Schools
Schools for 42 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
Photographs
Photos of 42 Paseo Viento, Rancho Santa Margarita
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Listed by Ryan Argue of Plan A Real Estate
Listing information updated Oct 9, 2026 at 6:22 AM 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.