Beautiful, light, bright 2 bedroom, 2.5 bathroom, 2-story condo with high ceilings, a large outdoor patio perfect for entertaining while enjoying the expansive views of the recently landscaped greenbelt. Situated in an ideal location within the Serabrisa community of Rancho Santa Margarita, the double door entry opens to the main living area featuring a fireplace, high ceilings, spacious windows allowing for lots of natural light, downstairs powder bathroom, and sliding glass doors to the gorgeous outdoor patio. The kitchen offers the brand new matching set of stainless steel kitchen appliances including the GE refrigerator, GE gas range, GE dishwasher, and GE microwave, pristine white tile countertops, breakfast bar, and opens to the main living area with views to the outdoors. Upstairs offers 2 bedrooms each with an en-suite bathroom. Primary bedroom and bathroom highlights include views to the outdoors, dual sinks in the primary bathroom, a soaking tub with shower, privacy door, and plenty of closet space. The secondary bedroom and ensuite bathroom provide ample natural light and community views. Among the property updates are purified water system, recent community PEX plumbing, brand new door locks to entry and garage, upstairs plumbing (2025), and furnace (2025). The detached one-car garage is conveniently situated adjacent to the entry and features the washer and dryer and is ideally located in front of the additional assigned parking space. The community provides plenty of guest parking directly adjacent to the home. Residents of the desirable Serabrisa community enjoy access to the newly updated resort-style pool, spa, and BBQ area, walking distance to Arroyo Vista Park, area schools and convenience to area shopping, dining, and Tijeras Creek Golf Course. The home includes membership to SAMLARC with access to the Lago Santa Margarita Beach Club, the lagoon-style lake, clubhouse, and community events year round. Easy access to the Toll Roads, Mission Viejo, Ladera Ranch, and surrounding areas. The Serabrisa community is FHA/VA approved.
For sale
Listing Provided by:
Susan Irby DRE #01947820 310-753-3750,
Real Broker,
Kimberly Pearson DRE #02041906 714-721-2995,
Real Broker
$664,998
207 Pasto Rico, Rancho Santa Margarita, CA 92688
2beds
1,091sqft
Est.:
Condominium
Built in 1990
-- sqft lot
$661,800 Zestimate®
$610/sqft
$668/mo HOA
What's special
Breakfast barDownstairs powder bathroomHigh ceilingsPlenty of closet spaceDouble door entryPristine white tile countertops
- 1 day |
- 112 |
- 7 |
Zillow last checked:
Listing updated:
Listing Provided by:
Susan Irby DRE #01947820 310-753-3750,
Real Broker,
Kimberly Pearson DRE #02041906 714-721-2995,
Real Broker
Source: CRMLS,MLS#: OC26037001
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSTour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
- Main level bathrooms: 1
Rooms
- Room types: Bedroom, Kitchen, Living Room, Primary Bathroom, Primary Bedroom
Bedroom
- Features: All Bedrooms Up
Bathroom
- Features: Bathtub, Dual Sinks, Enclosed Toilet, Separate Shower, Tub Shower
Kitchen
- Features: Kitchen/Family Room Combo, Tile Counters
Heating
- ENERGY STAR Qualified Equipment
Cooling
- ENERGY STAR Qualified Equipment
Appliances
- Included: Dishwasher, ENERGY STAR Qualified Appliances, Disposal, Gas Range, Microwave, Refrigerator, Washer
- Laundry: Electric Dryer Hookup, Gas Dryer Hookup, Inside, In Garage
Features
- Breakfast Bar, High Ceilings, Open Floorplan, Tile Counters, All Bedrooms Up
- Flooring: Carpet, Tile
- Doors: Double Door Entry, Mirrored Closet Door(s), Panel Doors, Sliding Doors
- Has fireplace: Yes
- Fireplace features: Family Room, Gas
- Common walls with other units/homes: Item2CommonWalls,No One Above,No One Below
Interior area
- Total interior livable area: 1,091 sqft
Property
Parking
- Total spaces: 2
- Parking features: Assigned, Door-Single, Garage, One Space
- Garage spaces: 1
- Uncovered spaces: 1
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Entry location: Main level
- Patio & porch: Brick, Patio
- Pool features: In Ground, Association
- Has spa: Yes
- Spa features: Association, In Ground
- Fencing: Stucco Wall
- Has view: Yes
- View description: Park/Greenbelt, Neighborhood
Lot
- Size: 2.46 Acres
- Features: Near Park, Street Level
Details
- Parcel number: 93543280
- Special conditions: Standard
Construction
Type & style
- Home type: Condo
- Architectural style: Traditional
- Property subtype: Condominium
- Attached to another structure: Yes
Materials
- Stucco
- Foundation: Slab
- Roof: Tile
Condition
- Turnkey
- New construction: No
- Year built: 1990
Details
- Builder name: William Lyons
Utilities & green energy
- Electric: Electricity - On Property
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected, Water Connected
Green energy
- Energy efficient items: Appliances
Community & HOA
Community
- Features: Biking, Dog Park, Golf, Lake, Sidewalks, Park
- Security: Carbon Monoxide Detector(s), Smoke Detector(s)
- Subdivision: Serabrisa (Srb)
HOA
- Has HOA: Yes
- Amenities included: Clubhouse, Sport Court, Maintenance Grounds, Outdoor Cooking Area, Barbecue, Picnic Area, Playground, Pool, Spa/Hot Tub, Tennis Court(s)
- HOA fee: $577 monthly
- HOA name: Serabrisa
- HOA phone: 949-833-2600
- Second HOA fee: $91 monthly
- Second HOA name: Samlarc
- Second HOA phone: 800-428-5588
Location
- Region: Rancho Santa Margarita
Financial & listing details
- Price per square foot: $610/sqft
- Tax assessed value: $299,878
- Annual tax amount: $3,064
- Date on market: 2/18/2026
- Listing terms: Cash,Cash to New Loan,Conventional,FHA,VA Loan
- Inclusions: Refrigerator, Dishwasher, Range/Oven, Microwave, Washer, Dryer
- Exclusions: Purified Water System- see notes
- Road surface type: Paved
Estimated market value
$661,800
$629,000 - $695,000
$3,228/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 2/19/2026 | Listed for sale | $664,998+227.6%$610/sqft |
Source:  CRMLS #OC26037001 Report a problem | ||
| 8/21/2001 | Sold | $203,000+117.1%$186/sqft |
Source: Public Record Report a problem | ||
| 3/20/1997 | Sold | $93,500-21.6%$86/sqft |
Source: Public Record Report a problem | ||
| 10/29/1996 | Sold | $119,324+4.7%$109/sqft |
Source: Public Record Report a problem | ||
| 2/14/1995 | Sold | $114,000$104/sqft |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,064 +1.9% | $299,878 +2% |
| 2024 | $3,006 +2.2% | $293,999 +2% |
| 2023 | $2,940 +1.9% | $288,235 +2% |
| 2022 | $2,885 +12.2% | $282,584 +2% |
| 2021 | $2,572 -8.3% | $277,044 +1% |
| 2020 | $2,804 | $274,204 +2% |
| 2019 | $2,804 -7.3% | $268,828 +2% |
| 2018 | $3,027 +1.2% | $263,557 +2% |
| 2017 | $2,992 | $258,390 +2% |
| 2016 | $2,992 -5.5% | $253,324 +1.5% |
| 2015 | $3,164 +2% | $249,519 +2% |
| 2014 | $3,102 | $244,632 +0.5% |
| 2013 | -- | $243,527 +2% |
| 2012 | -- | $238,752 +2% |
| 2011 | -- | $234,071 +0.8% |
| 2010 | -- | $232,322 -0.2% |
| 2009 | -- | $232,875 +2% |
| 2008 | -- | $228,309 +2% |
| 2007 | -- | $223,833 +2% |
| 2006 | -- | $219,445 +2% |
| 2005 | -- | $215,143 +2% |
| 2004 | -- | $210,925 +1.9% |
| 2003 | -- | $207,060 +2% |
| 2002 | -- | $203,000 +101.7% |
| 2001 | $1,944 +0.9% | $100,628 +2% |
| 2000 | $1,927 | $98,655 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$4,464/mo
Principal & interest
$3209
HOA Fees
$668
Property taxes
$587
Climate risks
Neighborhood: 92688
Nearby schools
GreatSchools rating
- 7/10Arroyo Vista Elementary SchoolGrades: K-5Distance: 0.1 mi
- 8/10Arroyo Vista Middle SchoolGrades: 6-8Distance: 0.1 mi
- 9/10Tesoro High SchoolGrades: 9-12Distance: 2.8 mi
Schools provided by the listing agent
- Elementary: Arroyo Vista
- Middle: Arroyo Seco
- High: Tesoro
Source: CRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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