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.
For sale
Listed by: Redfin • Maryam Amiri • 877-973-3346
$699,800
229 Pasto Rico, Rancho Santa Margarita, CA 92688
2beds
1,032sqft
Condominium
Built in 1989
-- sqft lot
$692,300 Zestimate®
$678/sqft
$676/mo HOA
What's special
- 1 day
- 55
- 3
Zillow last checked:
Listing updated:
Listed by:
Maryam Amiri DRE #01804754 877-973-3346,
Redfin,
Christopher Bistolas DRE #01838313,
Redfin
Source: CRMLS,MLS#: OC26193029
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Rooms
- Room types: Bedroom, Entry/Foyer, Family Room, Kitchen, Living Room, Primary Bedroom, Other, Dining Room
Bedroom
- Features: All Bedrooms Up
Bathroom
- Features: Bathroom Exhaust Fan, Bathtub, Dual Sinks, Quartz Counters, Tub Shower, Upgraded
Kitchen
- Features: Built-in Trash/Recycling, Quartz Counters, Remodeled, Self-closing Cabinet Doors, Self-closing Drawers, Updated Kitchen
Other
- Features: Walk-In Closet(s)
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Dishwasher, Disposal, Gas Oven, Gas Water Heater, Microwave, Refrigerator, Water Heater
- Laundry: Washer Hookup, Gas Dryer Hookup, Inside, In Garage
Features
- Balcony, Ceiling Fan(s), Separate/Formal Dining Room, High Ceilings, Pantry, Quartz Counters, Recessed Lighting, All Bedrooms Up, Walk-In Closet(s)
- Flooring: Vinyl
- Windows: Custom Covering(s)
- Has fireplace: Yes
- Fireplace features: Family Room, Gas, Gas Starter
- Common walls with other units/homes: 1 Common Wall
Interior area
- Total interior livable area: 1,032 sqft
Property
Parking
- Total spaces: 2
- Parking features: Assigned, Direct Access, Garage, Permit Required
- Attached garage spaces: 1
- Uncovered spaces: 1
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Entry location: 1
- Patio & porch: Patio
- Pool features: Community, Gas Heat, In Ground, Association
- Has spa: Yes
- Spa features: Association, Community, In Ground
- Fencing: None
Lot
- Size: 2.46 Acres
- Features: 0-1 Unit/Acre
Details
- Parcel number: 93543268
- 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
- Updated/Remodeled,Turnkey
- New construction: No
- Year built: 1989
Utilities & green energy
- Electric: Standard
- Sewer: Public Sewer
- Water: Private
- Utilities for property: Electricity Connected, Natural Gas Connected, Water Connected
Community & HOA
Community
- Features: Lake, Park, Pool
- Security: Carbon Monoxide Detector(s), Smoke Detector(s)
- Subdivision: Serabrisa (Srb)
HOA
- Has HOA: Yes
- Amenities included: Management, Outdoor Cooking Area, Barbecue, Other, Playground, Pool, Spa/Hot Tub, Security
- Services included: Sewer
- HOA fee: $585 monthly
- HOA name: Serabrisa
- HOA phone: 949-833-2600
- Second HOA fee: $91 monthly
Location
- Region: Rancho Santa Margarita
Financial & listing details
- Price per square foot: $678/sqft
- Tax assessed value: $307,728
- Date on market: 9/9/2026
- Listing terms: Cash,Conventional,Submit
- Inclusions: Refrigerator, Washer, Dryer, Stove, Mounted TVs
Estimated market value
$692,300
$658,000 - $727,000
$3,249/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/9/2026 | Listed for sale | $699,800+185.6%$678/sqft |
Source:  CRMLS #OC26193029 Report a problem | ||
| 3/6/2018 | Listing removed | $2,100$2/sqft |
Source: Regency Real Estate Brokers #OC18046843 Report a problem | ||
| 3/2/2018 | Listed for rent | $2,100$2/sqft |
Source: Regency Real Estate Brokers #OC18046843 Report a problem | ||
| 10/15/2012 | Sold | $245,000+17.2%$237/sqft |
Source: Public Record Report a problem | ||
| 4/11/2012 | Listed for sale | $209,000-48.1%$203/sqft |
Source: Good Neighbor Mortgage&Realty #S694083 Report a problem | ||
| 7/26/2006 | Sold | $402,500+281.5%$390/sqft |
Source: Public Record Report a problem | ||
| 5/31/1996 | Sold | $105,500$102/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $307,728 +2% |
| 2025 | $3,088 +2% | $301,695 +2% |
| 2024 | $3,028 +2.2% | $295,780 +2% |
| 2023 | $2,962 +1.9% | $289,981 +2% |
| 2022 | $2,907 +15.2% | $284,296 +2% |
| 2021 | $2,524 -8.4% | $278,722 +1% |
| 2020 | $2,756 | $275,865 +2% |
| 2019 | $2,756 -8.6% | $270,456 +2% |
| 2018 | $3,016 +0.8% | $265,153 +2% |
| 2017 | $2,991 | $259,954 +2% |
| 2016 | $2,991 -5.5% | $254,857 +1.5% |
| 2015 | $3,164 +2% | $251,029 +2% |
| 2014 | $3,104 | $246,112 +0.5% |
| 2013 | -- | $245,000 -6.9% |
| 2012 | -- | $263,200 -6% |
| 2011 | -- | $280,000 +7.7% |
| 2010 | -- | $260,000 -5.5% |
| 2009 | -- | $275,000 -15.8% |
| 2008 | -- | $326,500 -18.9% |
| 2007 | -- | $402,500 +214.4% |
| 2006 | -- | $128,003 +2% |
| 2005 | -- | $125,494 +2% |
| 2004 | -- | $123,034 +1.9% |
| 2003 | -- | $120,780 +2% |
| 2002 | -- | $118,412 +2% |
| 2001 | $2,057 +1.1% | $116,091 +2% |
| 2000 | $2,034 | $113,815 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 92688
Nearby schools
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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