
Rancho Santa Margarita, California 92688
This Stunning Move-In Ready Home is listed at $794,000, offering exceptional value right at its $802,855 Fair Market Value. Featuring a fully remodeled kitchen, complete repipe, and two separate garages, the property boasts a Mint Condition Rating requiring zero immediate work. Situated in the highly desirable Belterraza community with access to SAMLARC amenities and top-rated Arroyo Vista schools, this listing combines financial stability with lifestyle luxury. It is the perfect fit for discerning professionals or first-time buyers seeking a polished, stress-free transition in Rancho Santa Margarita.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 19 Encantado Subject | $794,000* List Price | 2 | 2 | 1,329 | $604 | - |
A 81 Pasto Rico Sold | $885,000 | 3 | 3 | 1,426 | $621 | 0.3 mi |
B 93 Pasto Rico Sold | $685,000 | 2 | 2 | 1,032 | $664 | 0.3 mi |
C 12 Anana Sold | $760,000 | 3 | 2 | 1,235 | $615 | 0.2 mi |
D 98 Pasto Rico Sold | $599,000 | 2 | 2 | 1,032 | $580 | 0.3 mi |
E 31 Cascada Sold | $965,000 | 3 | 3 | 1,675 | $576 | 0.5 mi |
F 207 Pasto Rico Sold | $643,000 | 2 | 3 | 1,091 | $589 | 0.3 mi |
G 189 Encantado Active | $825,000 List Price | 2 | 2 | 1,230 | $671 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1990, the property has undergone a comprehensive recent renovation including a fully remodeled kitchen with quartz countertops, a complete repipe of the home, a new water heater, and updated flooring and paint, placing it in mint condition.
Middle School: Arroyo Vista Middle School (9/10).
The property features a fully renovated kitchen with quartz countertops, a complete repipe of the home, and a new water heater, providing significant value and long-term maintenance peace of mind for the buyer.
Rare for a condominium, this unit includes two separate one-car garages—one attached with direct access and one detached—offering exceptional convenience and additional storage flexibility.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1329, other record living area = 1230.
The monthly association fee of $469 is a significant recurring cost that may impact the overall affordability and debt-to-income ratio for some prospective buyers.
As an upper-level unit requiring staircase access, the property may be less desirable for buyers specifically seeking single-story living or those with mobility concerns.
Welcome to 19 Encantado Canyon, a beautifully upgraded upper-level home located in the highly sought-after Belterraza community of Rancho Santa Margarita. Offering 2 bedrooms, 2 bathrooms, vaulted ceilings, abundant natural light, and an open-concept layout, this home blends comfort, style, and an exceptional Southern California lifestyle. It is one of the most spacious and lowest-priced-per-square-foot 2-bedroom homes for sale in Rancho Santa Margarita. The inviting living room features soaring vaulted ceilings, warm wood-like flooring, and a cozy fireplace that creates an ideal atmosphere for both relaxing and entertaining. The fully renovated kitchen has been thoughtfully updated with quartz countertops, beautiful cabinetry, newer appliances, generous storage, and a functional layout that opens seamlessly to the dining and living areas. The spacious primary suite features vaulted ceilings, excellent natural light, and an en-suite bathroom with dual vanities and a shower/tub combination. A secondary bedroom and full bathroom offer flexibility for guests, family, or a home office. Recent improvements completed during the sellers’ stewardship include a full interior repaint, complete repipe of the home, renovated staircase, fully remodeled kitchen, and new water heater, offering both style and long-term peace of mind. One of the rare highlights of the property is the two separate one-car garages, including one attached garage with direct access and an additional detached garage just steps away, providing exceptional convenience, parking, and storage flexibility. Residents enjoy access to the Belterraza pool and spa along with Rancho Santa Margarita’s outstanding SAMLARC amenities, including Lago Santa Margarita, the Beach Club Lagoon, multiple pools, parks, scenic trails, clubhouses, tennis and pickleball courts, basketball courts, picnic areas, and community events throughout the year. Ideally located near Tijeras Creek Golf Club, hiking and biking trails, shopping, dining, Irvine Spectrum, and Orange County beaches, this home offers the perfect balance of peaceful living and everyday convenience.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades 6-8 • 0.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,329 | 1,032 | 79% |
| Lot Size | 3,842 | 25,172 | 34% |
| Price | $794.0K | $685.0K | 75% |
| Price per sq ft | $597 | $649 | 25% |
| Built year | 1990 | 1990 | 50% |
| HOA | $469.0 | $445 | 58% |
| Days on market | 17 | 144 | 3% |
May 20, 2026
$794,000
Initial Listing
Apr 14, 2022
$701,000
Public Record
Aug 27, 2019
$485,000
Public Record
Nov 18, 2003
$315,000
Public Record
Apr 2, 1999
$158,500
Public Record