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. Access to Rancho Santa Margarita’s master-planned community amenities like the beach club, lake, tennis courts, water park, trails, and much more are included with your HOA dues. No Mello Roos! Tax rate is about 1.01%! Insurance available at only $169 / month!
Property Details
Price:
$835,000
MLS #:
OC26216338
Status:
Active
Beds:
2
Baths:
3
Type:
Condo
Subtype:
Condominium
Subdivision:
Fiesta FIES
Neighborhood:
r1ranchosantamargaritanorth
Listed Date:
Oct 8, 2026
Finished Sq Ft:
1,256
Lot Size:
37,713 sqft / 0.87 acres (approx)
Year Built:
1997
See this Listing
Schools
School District:
Saddleback Valley Unified
Elementary School:
Melinda Heights
Middle School:
Rancho Santa Margarita
High School:
Trabuco Hills
Interior
Appliances
DW, GD, MW, GR, WHU
Bathrooms
2 Full Bathrooms, 1 Half Bathroom
Cooling
CA
Heating
CF
Laundry Features
IN
Levels
U
Main Level Bathrooms
1
Exterior
Attached Garage YN
1
Common Walls
NCW
Community Features
SDW, SUB, PARK
Garage Spaces
2
Parking Spots
2
Parking Total
2
Spa Features
AS
View
NE
Financial
HOA Fee
$200
HOA Fee 2
$91
HOA Fee 2 Frequency
MO
HOA Fee Frequency
MO
Map
Community
- Address42 Paseo Viento Rancho Santa Margarita CA
- SubdivisionFiesta (FIES)
- 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 Oct 17, 2026
75
Condo Listed
54
Avg DOM
648
Avg $ / SqFt
$685,765
Avg List Price
Property Summary
- Located in the Fiesta (FIES) subdivision, 42 Paseo Viento Rancho Santa Margarita CA is a Condo for sale in Rancho Santa Margarita, CA, 92688. It is listed for $835,000 and features 2 beds, 3 baths, and has approximately 1,256 square feet of living space, and was originally constructed in 1997. The current price per square foot is $665. The average price per square foot for Condo listings in Rancho Santa Margarita is $648. The average listing price for Condo in Rancho Santa Margarita is $685,765.
Similar Listings Nearby
42 Paseo Viento
Rancho Santa Margarita, CA


