2 Paseo Del Sol
Rancho Santa Margarita, CA, 92688
$860,000
3 Beds
2.5 Baths
1,499 SqFt
0 Acres
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MLS #OC26053475 image #0
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

Price:
$860,000
MLS #:
OC26053475
Status:
Active
Beds:
3
Baths:
2.5
Type:
Condo
Subtype:
Condominium
Subdivision:
Cabo Vista CVS
Neighborhood:
r1ranchosantamargaritanorth
Listed Date:
Jun 3, 2026
Finished Sq Ft:
1,499
Year Built:
1993
SpanishR1 – Rancho Santa Margarita NorthR1ranchosantamargaritanorthCabo Vista CvsSaddleback Valley UnifiedMelinda HeightsTrabucco HillsHills

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Schools

School District:
Saddleback Valley Unified
Elementary School:
Melinda Heights
High School:
Trabucco Hills

Interior

Appliances
Water Heater, Microwave, Refrigerator, Gas Water Heater, Gas Range
Bathrooms
2 Full Bathrooms, 1 Half Bathroom
Cooling
Central Air
Flooring
Tile, Carpet
Heating
Central
Interior Features
High Ceilings, Ceiling Fan(s), Recessed Lighting, Open Floorplan, Granite Counters
Laundry Features
Inside, Laundry Closet
Levels
Two
Main Level Bathrooms
1

Exterior

Architectural Style
Spanish
Association Amenities
Pet Rules, Pets Permitted, Pickleball, Sewer, Pool, Trash, Barbecue, Spa/Hot Tub, Maintenance Grounds, Security, Picnic Area
Attached Garage YN
1
Common Walls
End Unit, 1 Common Wall
Community Features
Street Lights, Sidewalks
Construction Materials
Stucco
Covered Spaces
2
Direction Faces
West
Exterior Features
Rain Gutters
Fencing
Block
Garage Spaces
2
Lot Features
Corner Lot, Cul-De-Sac, Level with Street, Level, Back Yard, Yard
Parking Features
Garage, Garage Faces Front, Garage – Two Door
Parking Spots
2
Parking Total
2
Patio And Porch Features
Concrete, Slab, Rear Porch, Wrap Around
Roof
Tile
Security Features
Fire Sprinkler System, Carbon Monoxide Detector(s), Smoke Detector(s)
Spa Features
Association, Community
Stories
2
View
Hills
Window Features
Blinds

Financial

HOA Fee
$677
HOA Fee 2
$91
HOA Fee 2 Frequency
Monthly
HOA Fee Frequency
Monthly
HOA Name
Cabo Vista
HOA Phone
949-448-6000
HOA Phone 2
888-663-7763

Map

Community

Market Summary

Current real estate data for Condo in Rancho Santa Margarita as of Oct 20, 2026
63
Condo Listed
56
Avg DOM
651
Avg $ / SqFt
$683,579
Avg List Price

Property Summary

    Located in the Cabo Vista (CVS) subdivision, 2 Paseo Del Sol Rancho Santa Margarita CA is a Condo for sale in Rancho Santa Margarita, CA, 92688. It is listed for $860,000 and features 3 beds, 3 baths, and has approximately 1,499 square feet of living space, and was originally constructed in 1993. The current price per square foot is $574. The average price per square foot for Condo listings in Rancho Santa Margarita is $651. The average listing price for Condo in Rancho Santa Margarita is $683,579.

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2 Paseo Del Sol
Rancho Santa Margarita, CA