According to SafeWise, welcome to the safest city in all of California; Rancho Santa Margarita. The Cabo Vista Tract of homes is located in the highly sought after section of town known as Melinda Heights. Enjoy neighborhood amenities that include a pool, spa and clubhouse. City wide opportunities include the carefully planned SAMLARC features such as pools, pickleball courts, tennis courts, picnic areas, playgrounds, softball fields, hiking trails, biking trails and membership to the Lago Santa Margarita Beach Club with its massive swimming area. Award winning schools and access to nearby toll roads are all included. This particular home has plenty of natural light, employs the popular great room concept, has no one living above or below and a direct access garage. Textured ceilings, bull-nosed corners, Decor Plugs/Switches, raised panel doors, brand new carpeting, brand new luxury vinyl flooring and oversized baseboards are featured throughout. The renovated kitchen has granite counters/backsplash and stainless steel appliances including the dishwasher, the stove/oven, barn style sink, microwave and faucet. The handy breakfast bar will make casual meals a snap, or you can use the convenient nook area off the kitchen with its ample storage. Both upstairs bedrooms have their own self-contained bath. The primary suite has a walk in closet, dual sinks, a walk in shower and a privacy door to the commode area. Both bedrooms have mirrored closet doors. The rear patio is perfect for firing up the bar-b-q, relaxing or entertaining. When I asked the owners what they most enjoyed about their home, I was told they appreciated the peace and quiet, how friendly the neighbors were and how safe they felt. Those are exceptional qualities for any home in any price range.
Property Details
Price:
$749,900
MLS #:
OC26016437
Status:
Active
Beds:
2
Baths:
3
Type:
Condo
Subtype:
Condominium
Subdivision:
Cabo Vista CVS
Neighborhood:
r1ranchosantamargaritanorth
Listed Date:
Jan 23, 2026
Finished Sq Ft:
1,231
Lot Size:
1,498 sqft / 0.03 acres (approx)
Year Built:
1991
See this Listing
Schools
School District:
Saddleback Valley Unified
Elementary School:
Melinda Heights
Middle School:
Rancho Santa Margarita
High School:
Trabucco Hills
Interior
Appliances
DW, GD, MW, GO, GR, GWH, WHU
Bathrooms
2 Full Bathrooms, 1 Half Bathroom
Cooling
CA
Flooring
TILE, VINY, CARP
Heating
FA, CF
Laundry Features
ELC, GAS, GE, IR, IN, WH
Exterior
Architectural Style
MED
Community Features
SDW, STM, SL, CW
Construction Materials
STC
Exterior Features
LIT
Parking Spots
1
Roof
SPT
Security Features
SD, COD, FS
Financial
HOA Fee
$567
HOA Fee 2
$91
HOA Frequency
MO
Map
Community
- Address23 Paseo Estrellas Rancho Santa Margarita CA
- SubdivisionCabo Vista (CVS)
- CityRancho Santa Margarita
- CountyOrange
- Zip Code92688
Subdivisions in Rancho Santa Margarita
- Arroyo Vista AV
- Ballantree BALT
- Belflora BLF
- Bella Ventana BVT
- Belterraza BTR
- Brisa del Lago I BD
- Brisa del Lago II BDII
- Cabo Vista CVS
- Cabrillo Vista CAVI
- California Del Sol CDS
- Cantobrio I R1 CB1
- Castile CAST
- Cierra Del Lago CDL
- Corte Melina CM
- Cresta Vista CRV
- Estrella Vista ESV
- Fairway Estates DCFE
- Fairway Ridge DFR
- Fieldstone Classics FLCL
- Granada GRN
- Greystone Arbor GRAR
- Lakeridge DLR
- Las Flores R1 LF
- Las Flores R2 LF
- Laurels DLAU
- Los Abanicos LOSA
- Los Paseos LOPA
- Los Portillos LSP
- Lyon Promenade LYPM
- Mission Courts R1 MC
- Mission Greens R1 MG
- Montana Del Lago MDL
- Montecito MO
- Montilla MNT
- Oaks DOK
- Ranchwood R2 RW
- Sea Country SEAC
- Serabrisa SRB
- Sonoma Court SCT
- Sterling Heights DSH
- Summit Crest DSC
- Terracina TERC
- Tierra Montanosa TIEM
- Tijeras Creek Villas TCV
- Trabuco – Elms THE
- Trabuco – Homestead THH
- Traditions TRAD
- Valle Vista VLV
- Veranda VERA
- Vista Ladera R2 VL
- Warmington Homes DWH
Market Summary
Current real estate data for Condo in Rancho Santa Margarita as of Feb 22, 2026
31
Condo Listed
47
Avg DOM
689
Avg $ / SqFt
$628,395
Avg List Price
Property Summary
- Located in the Cabo Vista (CVS) subdivision, 23 Paseo Estrellas Rancho Santa Margarita CA is a Condo for sale in Rancho Santa Margarita, CA, 92688. It is listed for $749,900 and features 2 beds, 3 baths, and has approximately 1,231 square feet of living space, and was originally constructed in 1991. The current price per square foot is $609. The average price per square foot for Condo listings in Rancho Santa Margarita is $689. The average listing price for Condo in Rancho Santa Margarita is $628,395.
Similar Listings Nearby
23 Paseo Estrellas
Rancho Santa Margarita, CA


