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
Price:
$699,800
MLS #:
OC26193029
Status:
Active
Beds:
2
Baths:
2
Type:
Condo
Subtype:
Condominium
Subdivision:
Serabrisa SRB
Neighborhood:
r2ranchosantamargaritacentral
Listed Date:
Sep 9, 2026
Finished Sq Ft:
1,032
Lot Size:
107,098 sqft / 2.46 acres (approx)
Year Built:
1989
See this Listing
Schools
School District:
Capistrano Unified
Elementary School:
Arroyo Vista
Middle School:
Arroyo Seco
High School:
Tesoro
Interior
Appliances
DW, GD, MW, RF, GO, GWH, WHU
Bathrooms
2 Full Bathrooms
Cooling
CA
Flooring
VINY
Heating
CF
Interior Features
CF, RECL, LRBA, PTRY, BL, HCEL, QTZC
Laundry Features
GAS, IG, IN, WH
Levels
U
Exterior
Accessibility Features
NO
Architectural Style
TRD
Attached Garage YN
1
Common Walls
_1CW
Community Features
LAKE, PARK
Construction Materials
STC
Fencing
NO
Garage Spaces
1
Parking Spots
2
Parking Total
2
Patio And Porch Features
PTO
Roof
TLE
Security Features
SD, COD
Spa Features
AS, IG, COM
View
NO
Window Features
CWC
Financial
HOA Fee
$585
HOA Fee 2
$91
HOA Fee 2 Frequency
MO
HOA Fee Frequency
MO
Map
Community
- Address229 Pasto Rico Rancho Santa Margarita CA
- SubdivisionSerabrisa (SRB)
- 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 Sep 15, 2026
53
Condo Listed
41
Avg DOM
645
Avg $ / SqFt
$722,554
Avg List Price
Property Summary
- Located in the Serabrisa (SRB) subdivision, 229 Pasto Rico Rancho Santa Margarita CA is a Condo for sale in Rancho Santa Margarita, CA, 92688. It is listed for $699,800 and features 2 beds, 2 baths, and has approximately 1,032 square feet of living space, and was originally constructed in 1989. The current price per square foot is $678. The average price per square foot for Condo listings in Rancho Santa Margarita is $645. The average listing price for Condo in Rancho Santa Margarita is $722,554.
Similar Listings Nearby
229 Pasto Rico
Rancho Santa Margarita, CA


