For sale · Pending

54 Paseo Viento

Rancho Santa Margarita, CA 92688

$840,000
Bedrooms & bathrooms2 Beds • 3 Baths
Living area1,256 Sq Ft
Lot size0.8658 acres
Property typeCondominium
View map ↗

Listing broker / agent: RE/MAX Connections · Marcelo Loyola · 949-858-4711 · CRMLS

MLS # OC26148993 · Last checked Nov 14, 2026 21:28 UTC

About this property

DETACHED CONDOMINIUM *** Unlike an attached condominium, this detached residence may qualify for streamlined or waived condominium project review under certain conventional financing guidelines, including applicable Fannie Mae/Freddie Mac requirements. Buyer and buyer’s lender to independently verify financing and project eligibility ***. Offering the privacy, comfort, and feel of a single-family residence with no shared living walls, this inviting two-story home features 2 spacious bedrooms, 2.5 bathrooms, a versatile upstairs loft ideal for a home office or study, an attached 2-car garage with 2 car driveway, and a generously sized private backyard with no rear neighbors. Step inside to a light-filled, open-concept floor plan designed for comfortable everyday living and effortless entertaining. The well-appointed kitchen offers attractive cabinetry, quality appliances, a pantry, and a window overlooking the backyard, while the adjoining dining area flows seamlessly to the outdoor patio, creating the indoor-outdoor lifestyle Southern California is famous for. A convenient powder room completes the main level. Thoughtfully updated for today’s homeowner, this move-in-ready residence showcases smart-home, comfort, and energy-efficient improvements, including an Ecobee® Wi-Fi smart thermostat with an upstairs comfort sensor, a smartphone-controlled Rain Bird® irrigation system, an LG ThinQ® smart washer & dryer on pedestals, 220V EV Charging Outlet, dual-pane tinted windows & Wood Flooring throughout, a new rain gutter with leaf guard over the patio, an outdoor shower, a custom dog door integrated into the sliding glass door, perfect for your four-legged family member. Enjoy low HOA dues while experiencing Rancho Sta Margarita's exceptional lifestyle, including access to four community pools, spa, tennis courts, pickleball courts, basketball courts, beautiful parks, miles of scenic hiking and biking trails, and the picturesque Lake & recreation area. Ideally located within the attendance area of highly regarded schools and just minutes from shopping, restaurants, entertainment, the 241 Toll Road, and countless outdoor recreation opportunities, this exceptional home offers the perfect blend of privacy, technology, comfort, and convenience. Wake up to bright mornings, spend your afternoons enjoying the nearby trails, parks, pools, or RSM lake. Homes offering this combination of detached living, smart-home upgrades, a private backyard are a rare find

Property details

MLS number
OC26148993
Status
Pending
Type
Residential
Subtype
Condominium
Beds / baths
2 Beds • 3 Baths
Living area
1,256 Sq Ft
Lot size
0.8658 acres
County
Orange
Year built
1997
Stories
2
More property detailsExpandCollapse

Listing

Days on market
84

Building

Year built
1997
Year built source
Assessor
Architectural style
Colonial, Spanish
Stories
2
Building stories
2
Levels
Two
Entry level
1
Construction
Drywall
Roof
Tile
Foundation
Slab
Condition
Turnkey
Living area source
Assessor

Bathrooms

Full bathrooms
2
Half bathrooms
1

Rooms & interior

Main-level bedrooms
0
Main-level bathrooms
1
Rooms
Bedroom, Kitchen, Loft, Living Room, Primary Bathroom, Primary Bedroom
Appliances
Dishwasher, Free Standing Range, Disposal, Gas Range, Microwave, Water Heater
Interior features
Breakfast Area, Ceiling Fans, Open Floorplan, Pantry, All Bedrooms Up, Loft
Flooring
Wood
Heating
Central, Forced Air, Fireplaces
Cooling
Central Air
Fireplace
Gas, Gas Starter, Living Room
Laundry
Washer Hookup, Gas Dryer Hookup, Inside, Upper Level

Exterior & parking

Total parking spaces
2
Garage spaces
2
Parking
Direct Access, Driveway Level, Door Single, Driveway, Garage Faces Front, Garage
Attached garage
Yes
Pool
Community, Association
Spa
Association, Community
Patio / porch
Wrap Around
Lot features
Back Yard, Yard
Lot size source
Assessor
Fencing
Wood
Property outlook
Hills, Mountains

Utilities & community

Water
Public
Sewer
Public Sewer
Utilities
Sewer Connected, Water Connected
Community features
Park, Suburban, Sidewalks, Pool
Association amenities
Clubhouse, Sport Court, Dog Park, Barbecue, Picnic Area, Playground, Pickleball, Pool, Tennis Courts, Trails

Fees & lease terms

Association
Yes
Association fee
$192.00
Association fee frequency
Monthly
Additional association fee
$91.00
Additional fee frequency
Monthly

Schools reported in the listing

Elementary school
Melinda Heights
Middle / junior school
Rancho Santa Margarita
High school
Trabuco Hills
High school district
Saddleback Valley Unified

School information is supplied with the listing. Confirm current attendance boundaries and enrollment eligibility directly with the school district.

Explore the area

Nearby public schools

Within 5 miles

Nearby does not mean assigned. These are approximate straight-line distances from the property, not walking or driving routes. Confirm attendance boundaries, enrollment eligibility, grades and current school status directly with the district.

Nearby California public school locations, sorted by distance
School / districtGradesDistance
Melinda Heights Elementary Saddleback Valley Unified · Rancho Santa Margarita K–6 0.4 mi
Trabuco Elementary Saddleback Valley Unified · Trabuco Canyon K–6 1.4 mi
Rancho Santa Margarita Intermediate Saddleback Valley Unified · Rancho Santa Margarita 7–8 1.5 mi
Cielo Vista Elementary Saddleback Valley Unified · Rancho Santa Margarita K–6 1.6 mi
Tijeras Creek Elementary (school website, opens in a new tab) Capistrano Unified · Rancho Santa Margarita K–5 1.8 mi
Trabuco Mesa Elementary Saddleback Valley Unified · Rancho Santa Margarita K–6 1.9 mi
Arroyo Vista Middle (school website, opens in a new tab) Capistrano Unified · Rancho Santa Margarita 6–8 2.0 mi
Arroyo Vista Elementary (school website, opens in a new tab) Capistrano Unified · Rancho Santa Margarita K–5 2.0 mi

Source: California Department of Education · 2025-26 school locations. Downloaded Oct 2, 2026 UTC. This annual snapshot may not reflect later changes. Public schools only; not a complete list of education options. No ratings or attendance assignments are provided.

Check the California School Directory ↗

Price and tax history

Asking price

Current asking price
$840,000
MLS-reported original asking price
$890,000
MLS-reported previous asking price
$869,900
MLS-reported last price change
2026-09-22 10:35 UTC
Asking prices observed by this listing service
Observed (UTC)Asking price
Oct 2, 2026 05:34$840,000

MLS values are reported for this listing, not prior sales. Observation dates show when our importer saw an asking price, not when the MLS changed it. Up to 24 observations are retained; changes between refreshes may be missed. This is not a complete price or sales history.

Property taxes

Tax history is not available from the imported listing data.

Source: MLS feed. Only supplied tax years are shown, up to 10 years; this is not a county tax archive. Amounts may be corrected and taxes may change after purchase. Verify assessments and current taxes with the county. These values do not automatically fill the payment calculator.

Local inventory snapshot

Market trends in Rancho Santa Margarita

Active residential homes for sale in Rancho Santa Margarita, CA, available through this website's authorized feed. Includes residential subtypes; excludes rentals. Not the entire market or a valuation of this property.

Available listings85Current authorized inventory
Median asking price$869,88885 listings with a valid price
Median asking price / sq ft$623.5384 listings with confirmed sq ft
Median days on market4385 listings with MLS-reported days

Observed price activity · past 30 days

Listings with a reduction28
Listings with an increase0

28 currently active listings have an observed price-change pair ending in this period. A listing can appear in both counts.

Calculated 2026-11-14 21:42 UTC. Source: this website's authorized MLS inventory. Import progress, freshness rules and coverage affect the figures. Medians exclude missing/invalid values; price per sq ft is the median of individual listing ratios. Price observations are limited to the last 24 per listing and may miss changes between refreshes. This is not a complete 30-day market report, historical inventory trend, appreciation measure, or sold-price analysis.

Plan your monthly costs

Payment calculator

Explore a fixed-rate loan scenario. The price comes from this listing; a 20% down payment and 30-year term are starting assumptions, not requirements. Enter your own interest rate—not APR—and estimated costs.

Loan assumptions and ownership costs

Blank costs are excluded, not confirmed to be zero. Get taxes, insurance and HOA estimates for this property; prior-owner taxes may change after purchase. Mortgage insurance depends on your loan—ask your lender.

Enter your rate and costs, then calculate.

Illustration only—not a rate quote, preapproval, lending offer or affordability determination. Assumes equal monthly payments on a fully amortizing fixed-rate loan; no adjustable rates, interest-only periods or balloon payments. Excludes closing costs, utilities, maintenance, special assessments and other unentered costs. Actual payments and escrow can differ. Review a Loan Estimate with your lender.

Understanding homeownership costs — CFPB ↗
IDX listing information is provided for consumers’ personal, non-commercial use solely to identify prospective properties they may be interested in purchasing. Information is deemed reliable but is not guaranteed. Verify all information and current availability with the listing broker.