California Tesoro is a 194-unit Rancho Santa Margarita housing development built by Kaufman Broad in 1995-1996. There are three models, all of which have 2 car garages:

• El Diamante: 3 Bedroom, 2.5 Bathrooms, 1306 square feet
• La Jolla: 3 Bedroom, 2.5 Bathrooms, 1573 square feet
• Del Oro: 4 Bedroom, 2.5 Bathrooms, 1801 square feet

California Tesoro is conveniently located in close proximity to Arroyo Vista Park and Arroyo Vista School.

*** Here is an MLS Market Snapshot of homes currently on the market, homes that are in escrow or with sales pending, and homes that have sold in the past three months *** 

As of 9/02/2007 there are currently three homes listed for sale in California Tesoro (SoCal MLS). This does not include For Sale By Owner transactions not listed in the MLS.

Four homes have sold or closed escrow in the past three months. (SoCal MLS).

California Tesoro sales statistics appear to be in line with the majority of home sales in Rancho Santa Margarita.  Unlike Rancho Santa Margarita's entry-level condominium market, which continues to suffer under the weight of increased mortgage defaults and foreclosures, California Tesoro remains for the time being somewhat stable, having experienced only slight declines in value.  Marketing time varies considerably but is 90 days or less in general.

Avenida de las Banderas just outside of California Tesoro

A California Tesoro Home 

Neighborhood View of California Tesoro

Additional information about Rancho Santa Margarita can be found at RSM Lifestyles.com.