Rancho Santa Margarita Central (R2) Real Estate

Rancho Santa Margarita Central (R2) Real Estate

Welcome to Rancho Santa Margarita Central (R2) in Orange County, California! This vibrant region offers the perfect blend of suburban tranquility and modern convenience, making it an ideal place to call home.

Nestled within the city of Rancho Santa Margarita, R2 is known for its picturesque surroundings, with stunning mountain views and lush greenery at every turn. Residents here enjoy a peaceful and family-friendly atmosphere, making it a sought-after location for those looking to escape the hustle and bustle of city life.

With easy access to top-rated schools, beautiful parks, and a variety of shopping and dining options, Rancho Santa Margarita Central (R2) has something for everyone. Whether you're taking a leisurely stroll around the neighborhood or exploring the nearby hiking trails, there are plenty of opportunities to enjoy the great outdoors.

The real estate market in R2 offers a mix of single-family homes, townhouses, and condominiums, providing options for every lifestyle and budget. Whether you're a first-time homebuyer, a growing family, or a retiree looking to downsize, you're sure to find the perfect property to suit your needs.

Come and discover all that Rancho Santa Margarita Central (R2) has to offer. With its beautiful surroundings, convenient amenities, and strong sense of community, this region is a place where you can truly feel at home.

Newest Listings in Rancho Santa Margarita Central (R2)

$999,000
3 Beds ⋅ 3 Baths ⋅ PW26170734 MLS ⋅ Active Status
Welcome to 35 Via Encanto, a beautifully remodeled home located in the desirable Villavante community of Rancho Santa Margarita. This exceptional two-story residence offers modern upgrades, privacy, and breathtaking views of the surrounding hills and mountains. Situated in a desirable location within the community, this home offers the rare combination of no neighbors directly behind and beautiful views from the backyard and primary suite balcony. Step inside to a bright and inviting open-concept floor plan featuring a spacious living room with a gas fireplace, recessed lighting, and a seamless flow between the living, dining, and kitchen areas. The remodeled kitchen features updated cabinetry and drawers, quartz countertops, modern finishes, and plenty of storage. The open layout creates the perfect setting for everyday living and entertaining. A versatile downstairs office provides the perfect space for working from home, studying, or a private retreat. Upstairs, you will find all bedrooms, including a spacious primary suite with a private balcony showcasing hillside and mountain views. The remodeled primary bathroom offers a spa-like feel with a beautiful soaking tub and updated finishes. Additional features include partially remodeled bathrooms, walk-in showers, shower/tub combinations, dual-pane windows with privacy-reflective film, central A/C and heat, recessed lighting throughout, and an attached two-car garage with epoxy flooring and washer/dryer hookups. Enjoy your private backyard with no neighbors behind and stunning views of the surrounding hills and mountains. The low-maintenance artificial turf creates the perfect outdoor space for relaxing or entertaining. The side yard also features artificial turf for added convenience. Located in the sought-after Villavante community, residents enjoy access to pools, parks, walking trails, and recreational facilities. The home is conveniently located near Tijeras Creek Golf Club, Rancho Santa Margarita Town Center, Mercado Del Lago, shopping, dining, and outdoor recreation. Families will appreciate the highly regarded schools within the Saddleback Valley Unified School District, including Arroyo Vista Elementary School, Rancho Santa Margarita Intermediate School, and Trabuco Hills High School. This beautifully updated home combines modern upgrades, privacy, incredible views, and the Rancho Santa Margarita lifestyle. Don’t miss your opportunity to call 35 Via Encanto home.

35 Via Encanto, Rancho Santa Margarita
$1,174,900
3 Beds ⋅ 3 Baths ⋅ OC26169955 MLS ⋅ Active Status
Welcome to this beautifully upgraded three bedroom home in the desirable Alicante Tract! Step inside to a soaring vaulted ceiling, an abundance of windows, skylight, recessed lighting, and laminate flooring. The living room features a fireplace and opens to the dining area, creating a comfortable space for both everyday living and entertaining. The remodeled kitchen is beautifully upgraded with white cabinetry, granite countertops, a travertine backsplash, stainless steel appliances, and solarium windows that bring in plenty of natural light. Just off the kitchen, the family room overlooks the charming front courtyard and provides a flexible space for relaxing, a home office, or study area. Upstairs, the primary suite offers a vaulted ceiling, walk-in closet, and a beautifully remodeled bathroom with dual vanities, Caesarstone countertops, a separate shower, and freestanding soaking tub. Two additional bedrooms and an upgraded hall bathroom with Caesarstone countertops, tile flooring, and travertine wainscoting complete the upper level. Downstairs, the laundry room features built-in cabinetry, and a folding counter. The low-maintenance backyard patio with synthetic turf provides a private space to unwind, entertain, or enjoy outdoor dining. Additional features include PEX repiping and an attached two-car garage and a driveway. Residents of Alicante enjoy access to the community pool and spa, along with all that Rancho Santa Margarita has to offer, including the lake, pools, parks, tennis courts, trails, and more!

48 Calle Del Norte, Rancho Santa Margarita
$749,888
2 Beds ⋅ 3 Baths ⋅ OC26168834 MLS ⋅ Active Status
Rarely available with PANORAMIC TIJERAS CREEK GOLF COURSE VIEWS overlooking the par-3 5th tee box, tranquil pond, elevated green, plus the 4th green and fairway! Beautifully remodeled throughout, this exceptional townhome offers a bright, open floor plan with two spacious primary suites, each with a private en-suite bath, plus a guest powder room downstairs. The expanded gourmet kitchen features quartz countertops, premium stainless steel KitchenAid appliances, abundant cabinetry, and opens seamlessly to the dining and living areas. The inviting living room showcases a stacked-stone fireplace with custom built-in cabinetry and bookshelves. Additional upgrades include dual-pane windows, six-panel doors, neutral tile flooring downstairs, plush carpeting upstairs, a curved staircase, PEX plumbing, a Nest thermostat, and custom closet organizers. One primary suite features a remodeled bath with quartz countertops, a shower/tub combination, an oversized closet, and breathtaking golf course views. Relax or entertain on the expansive slate-style patio with a natural gas BBQ stub while enjoying spectacular fairway, pond, and green views. An incredible opportunity to own one of the community's premier golf course locations!

7 Pasto Rico, Rancho Santa Margarita
$570,000
2 Beds ⋅ 2 Baths ⋅ OC26172062 MLS ⋅ Active Status
New and improved pricing, priced to sell. Ask about assumable loan feature! Beautiful mountain side view located just minutes away from Lago Santa Margarita Beach Club. Quite location. Newly updated 2-bedroom, 2-bath condo located in the desirable Los Portillos community. This unit features a private balcony, upgraded kitchen with soft-close cabinets, stove and refrigerator, new carpet, fresh interior paint, and updated bathroom vanities and showers. Open living area includes a gas fireplace. Property includes access to a one-car garage offering extra space for storage, one designated covered carport, and washer/dryer hookups located in the garage. HOA community with access to amenities including a community pool and spa.

10 Timbre, Rancho Santa Margarita
$1,079,000
3 Beds ⋅ 3 Baths ⋅ OC26170492 MLS ⋅ Active Status
Welcome to 21 Calle Verano, a beautifully maintained Spanish Colonial-inspired single family residence ideally situated in one of Rancho Santa Margarita's most desirable neighborhoods. Offering 3 bedrooms, 2.5 bathrooms, and approximately 1,574 square feet of thoughtfully designed living space, this home combines timeless style with quality upgrades throughout. Step inside to an open and inviting floor plan featuring soaring vaulted ceilings, abundant natural light, and an upgraded designer kitchen complete with white quartz countertops, custom tile backsplash, white Shaker cabinetry, a spacious walk-in pantry, and upgraded stainless steel appliances. Just off the main living area, enjoy a custom-built elevated deck that creates the perfect setting for entertaining, outdoor dining, or simply relaxing while taking in the beautiful views and peaceful surroundings. The upper level features a private primary suite, while the lower level offers two additional bedrooms, an upgraded full bathroom, and a comfortable family room with direct access to the beautifully landscaped backyard. Designed for low-maintenance outdoor living, the backyard includes new wraparound vinyl fencing, artificial turf, mature landscaping, and a dedicated grilling area. The expansive upper deck also provides a covered patio below, creating additional outdoor living space to enjoy year-round. Recent improvements include a newer HVAC system, remodeled kitchen, upgraded appliances, custom deck, artificial turf, and new vinyl fencing, reflecting the pride of ownership throughout the home. Enjoy one of the area's lowest HOA dues at just $91 per month, with no special assessment taxes. Residents have access to outstanding community amenities including a resort-style pool, clubhouse, pickleball and tennis courts, dog park, and miles of scenic hiking and biking trails. Conveniently located near highly rated schools, shopping, dining, parks, and everything Rancho Santa Margarita has to offer, this exceptional home is truly move-in ready. There are 4 pools, one is walking distance and another is called a Beach Lagoon. Also, walking distance to both a private, and public k-8 schools.

21 Calle Verano, Rancho Santa Margarita
$1,500,000
4 Beds ⋅ 3 Baths ⋅ OC26168378 MLS ⋅ Coming Soon Status
~COMING SOON~ Beautifully upgraded Home Located on a quiet, single-loaded cul-de-sac street with Mountain City Views! This beautifully maintained and currently being transformed residence offers an exceptional opportunity in one of Rancho Santa Margarita's most sought-after neighborhoods. Enjoy the sense of Community that the Arroyo Vista/Oaks neighborhood provides, complete with its own private neighborhood park featuring a private POOL and SPA area, a large grass and garden area with tables for dining while you enjoy the views, and a tot lot, all located 1 Block from home. This spacious home features 4 bedrooms plus a large BONUS ROOM, including a convenient main-floor bedroom with direct access to a full bathroom, making it ideal for guests, multi-generational living, or a private office setup. The interior is currently undergoing a thoughtful refresh and will showcase a bright, modern, and move-in-ready feel upon completion offering SOLAR and a total home re-pipe in 2022. The Kitchen was remodeled with granite counters and stainless steel appliances, overlooking the Family Room, showcased with a Custom Built-in Entertainment Center and Fireplace with access to the Large Entertaining Backyard with Mountain Views. Inside, a Separate Laundry Room with access to the 3-car garage offers additional storage. Upstairs, escape to the beautifully remodeled primary ensuite designed for comfort and relaxation. The spacious primary bedroom features vaulted ceilings creating an airy open feel and a private balcony, the perfect retreat to unwind while enjoying the views. The luxurious primary bath includes a separate soaking tub and water closet, while the generous walk-in closet is conveniently located within the dressing area, providing exceptional storage and functionality. Every detail of this home comes together to create a serene and inviting sanctuary at the end of the day.

40 E San Mateo, Rancho Santa Margarita
$614,900
2 Beds ⋅ 2 Baths ⋅ OC26162734 MLS ⋅ Active Status
Beautifully upgraded condo in one of the best locations in Rancho Santa Margarita. Welcome to 3 Via Ermitas, a move-in ready home designed to meet all your needs. Vaulted ceilings and abundant natural light make the home feel bright and open, while the remodeled kitchen with stainless steel appliances creates a welcoming space for everyday meals and entertaining. The living room features a fireplace, which offers a cozy touch on cooler nights. The spacious primary suite is complemented by a second bedroom that works perfectly for children, guests, or a home office. Two full bathrooms, in-unit laundry, and a private garage add the convenience buyers are looking for. Recent improvements include fresh interior paint, newer baseboards and carpet, luxury vinyl plank flooring, updated bathrooms and lighting, water heater, upgraded plumbing, added insulation, a Nest thermostat, and keyless entry with smartphone access. As a SAMLARC resident, you’ll enjoy access to the lake, Beach Club lagoon, pools, parks, playgrounds, trails, sports courts, picnic areas, and community spaces—all close to shopping, dining, and everything Rancho Santa Margarita has to offer. This is the kind of home that feels comfortable from the moment you walk in—and easy to picture as your own.

3 Via Ermitas, Rancho Santa Margarita
$459,000
1 Beds ⋅ 1 Baths ⋅ PW26162031 MLS ⋅ Active Status
GROUND-LEVEL CONDO | PRIVATE COURTYARD | UPDATED INTERIOR | LAKE RSM AMENITIES | Welcome to 19 Hemlock, a beautifully maintained ground-level condo in the heart of Rancho Santa Margarita offering comfortable single-level living, thoughtful updates, and an unbeatable lifestyle. A private, enclosed courtyard surrounded by mature landscaping and newer white vinyl fencing creates a peaceful outdoor retreat and welcomes you home. Inside, composite wood flooring flows throughout the home, complemented by fresh interior paint, smooth ceilings with the popcorn texture removed, and abundant natural light. The inviting living room opens seamlessly to a dedicated dining area, creating an ideal layout for everyday living and entertaining. The updated kitchen features upgraded countertops, replaced cabinet doors, and a newer refrigerator installed in 2025. The spacious bedroom offers generous closet space, while the bathroom has been refreshed with a brand-new faucet installed in 2026. Additional improvements include a newer water heater installed in 2024. A detached one-car garage is just steps from the front door and includes built-in storage shelving for added convenience. The home is equipped with an electric range, oven, and laundry hookups, with natural gas serving the water heater. Residents enjoy resort-style community amenities, including the neighborhood pool and spa just 1/8 of a block away, along with full access to Rancho Santa Margarita's exceptional Lake & Beach Club only two blocks from the home. Enjoy the sandy beach lagoon, swimming, scenic lakefront walking trails, parks, tennis courts, community events, shopping, dining, and award-winning schools, all just moments away. This move-in-ready home offers the perfect combination of comfort, convenience, and the incredible Rancho Santa Margarita lifestyle.

19 Hemlock, Rancho Santa Margarita
$569,900
2 Beds ⋅ 2 Baths ⋅ OC26157843 MLS ⋅ Active Status
New tile flooring, remodeled bathroom vanities, recently painted, newer water heater, and a move-in ready feel! Welcome to this beautifully updated, single-level condo tucked into the desirable Los Portillos community in Rancho Santa Margarita. With no stairs to navigate and a peaceful, private setting, this home offers comfortable, easy living from the moment you walk in. Brand-new tile flooring runs through the kitchen, entryway, and bathrooms, complemented by recently painted walls. Inside, an open floor plan lets the kitchen flow easily into the dining area and living room, featuring all stainless steel appliances, upgraded granite countertops, tile floors, and crown molding along the ceilings for a polished, finished feel. A wood or gas fireplace adds warmth and character to the living space. The double-pane windows provide excellent noise isolation, adding to the quiet, private atmosphere. The primary bedroom includes its own ensuite bathroom, now upgraded with a brand-new dual vanity, while the second bedroom sits just across from the second full bath, giving both bedrooms privacy and easy access to their own space. A private rear patio offers great views of the surrounding nature and a quiet spot to unwind outside, and the garage provides generous storage space. Beyond the unit itself, the Los Portillos community adds to the appeal, with Mediterranean-inspired architecture, well-kept grounds, and included garage and assigned carport parking. As part of Rancho Santa Margarita’s Master HOA SAMLARC, residents also have access to the RSM Lake and Beach Club, multiple swimming pools, pickleball courts, sports courts, summer concerts, and community hiking and biking trails, with the home itself sitting close to nearby running and biking trails. That same convenience extends into the surrounding city. Rancho Santa Margarita is a master-planned community known for its scenic beauty and small-town charm, with the home sitting within close proximity to shopping, restaurants, and grocery stores. O'Neill Regional Park is just around the corner for those looking for more trails and open space, and easy freeway access keeps commuting throughout Orange County simple. The home is served by Capistrano Unified School District, with nearby schools including Arroyo Vista School and Tesoro High School. Altogether, this condo brings together a quiet, private setting, thoughtful updates, and a location close to community amenities and everyday conveniences.

7 Timbre, Rancho Santa Margarita
$499,999
1 Beds ⋅ 1 Baths ⋅ 26862853 MLS ⋅ Active Status
Welcome to this absolutely stunning, quiet, private upper-end carriage unit with no neighbors above or below your own private oasis in one of Rancho Santa Margarita's most highly desirable locations. Step inside and experience an incredibly open, airy ambiance created by soaring vaulted ceilings, expansive windows, and beautiful Saddleback Mountain views. The spacious layout flows effortlessly out to your large, private covered patio perfect for dining al fresco and enjoying spectacular sunset vistas. *****PREMIUM FEATURES & RECENT UPGRADES:****** Only 1 shared wall for maximum privacy and quiet living * Brand New Water Heater installed in 2024 * Brand New Refrigerator installed in 2025 * Brand New Toilet installed in 2025 **Brand New Garage Door Opener installed in 2026 *Freshly Painted Garage Door (2026) * Fully Re-piped with PEX Plumbing (entire community) * Gorgeous Pergo flooring throughout * Custom built-in cabinetry * Custom built-in office desk * In-unit washer and dryer included * Spacious walk-in closet * Oversized 1-car attached garage directly below with extra storage ***** INCREDIBLE LOCATION & LIFESTYLE:****** Resort-style amenities at your doorsteps sparkling pool, spa, and instant access to O'Neill Regional Park with miles of scenic hiking and biking trails. Walk to local shops, restaurants, and bars with quick access to the 241 Corridor. RSM residents enjoy SAMLARC access to the lake, beach club, 13 parks, playgrounds, and sports courts. Sold As is - buyer to verify all permits and records.

6 Timbre, Rancho Santa Margarita
$890,000
2 Beds ⋅ 3 Baths ⋅ OC26159693 MLS ⋅ Active Under Contract Status
This private corner location feels like a single-family home. Beautifully updated throughout on one of the largest lots in the community. The expansive backyard features covered patio for year-round entertaining and dining, ceiling fan, built-in hardscape planters that double as seating and plenty of room for gardening or play. Inside, two-story ceilings and walls of windows flood the home with natural light. The open floorplan includes 2 spacious primary en-suite bedrooms PLUS a generous loft which can easily be a 3rd bedroom, office, or bonus space. The remodeled kitchen features white shaker cabinetry, recessed lighting, newer stainless-steel appliances including a 5-burner gas range and pantry with pull-out drawers. The kitchen opens seamlessly to the inviting living room with fireplace and dining room with hardwood flooring that continues throughout the home. Upstairs one of the two spacious primary suites, includes a remodeled bath with dual vanities, stone-surround soaking tub/shower, new skylight, privacy door and dual closets. The second offers high ceilings, a charming window seat, sitting area and a private entry that feels like a hotel suite. The loft includes custom built-in desk, bookcase, and an entertainment center is shown with a pull our sofa for guests. Additional features of the home include new roof, new dual-pane windows, new Trane HVAC and ducting, crown moulding throughout, upgraded baseboards, updated electrical, leaded glass windows, skylights, ceiling fans, PEX repipe, new bathroom hardware and fixtures, inside laundry room with white shaker cabinetry and 2-car attached garage with insulated door and opener. The Scenic tract, surrounded by Tijeras Creek Golf Course, offers views of Saddleback Mountain, miles of hiking and biking trails, and resort-style amenities—community pool and spa, SAMLARC’s 4 pools, Beach Club at RSM Lake, clubhouse, tennis, pickleball, sport courts, splash park, fishing, and special events including the 4th of July Spectacular. Walking distance to award-winning, CA Distinguished Arroyo Vista K-8. No Mello Roos.

6 Colibri, Rancho Santa Margarita
$1,199,900
3 Beds ⋅ 3 Baths ⋅ OC26157139 MLS ⋅ Active Status
Welcome home to Rancho Santa Margarita - ranked the #1 safest city in Orange County for over ten years! This beautiful single family residence features three spacious bedrooms, 2 and a half bathrooms, and just over 1,600 square feet of living space. Located on a desirable corner lot with no neighbors on one side and plenty of extra parking, this home has been immaculately well maintained and has amazing curb appeal. An inviting living room entry with cozy fireplace welcomes you into the home. There is a formal dining room which leads to a generous-sized kitchen, complete with a new gas range, granite counters and tile backsplash. On the other side of the kitchen you'll encounter a large family room with direct access to your attached two-car garage. Both the living and family rooms provide sliding door access to your private backyard, featuring a custom outdoor fireplace, patio cover, and plenty of space for outdoor living with both grass and hardscape. The corner lot location of this home allows for a generously-sized wrap-around yard. The principal suite is located upstairs, along with two additional bedrooms and a full bathroom. The principal bedroom boasts tall vaulted ceilings and a private outdoor deck where you can enjoy beautiful views of the mountains and city lights. Very low HOA dues of only $91 per month and NO MELLO ROOS! Very low tax rate of just over 1%. Enjoy access to all the amenities that Rancho Santa Margarita master community has to offer, including the beach club, RSM lake, pools, tennis courts, a water park, walking trails, and much more! In addition to being the #1 safest city in Orange County, Rancho Santa Margarita is now the #1 safest city and has the lowest level of crime in all of California. Don't miss out on this opportunity!

4 El Vaquero, Rancho Santa Margarita
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.