Rancho Santa Margarita Central (R2) Homes with Two Levels Stories

Welcome to Rancho Santa Margarita Central, a vibrant and picturesque community nestled in the heart of Orange County, California. Known for its stunning landscapes and family-friendly atmosphere, this region offers a unique blend of suburban charm and modern conveniences. Rancho Santa Margarita is strategically located, providing easy access to major highways, shopping centers, outdoor recreational areas, and top-rated schools, making it an ideal place for families, professionals, and retirees alike.

One of the standout features of homes in Rancho Santa Margarita Central is the availability of two-level stories. These multi-story residences not only maximize living space but also provide a sense of privacy and separation for family members. Whether you’re looking for a cozy nook for your home office, a spacious play area for the kids, or a serene master suite away from the hustle and bustle of daily life, two-level homes offer the perfect solution.

Many of these homes showcase modern designs with open floor plans, allowing for seamless transitions between living, dining, and kitchen areas. Large windows flood the interiors with natural light, creating a warm and inviting atmosphere. Outdoor spaces, such as balconies and patios, are perfect for enjoying the beautiful California weather and entertaining friends and family.

In Rancho Santa Margarita Central, you’ll discover a community that truly embodies the essence of Southern California living. With its stunning homes, excellent amenities, and a welcoming spirit, it’s no wonder that residents take pride in calling this vibrant area their home. Come explore the possibilities and find your dream home in this enchanting locale!

Newest Rancho Santa Margarita Central (R2) Homes with Two Levels Stories

$1,599,000

4 Beds ⋅ 4 Baths ⋅ OC26166310 MLS ⋅ Coming Soon Status

Private pool and spa, remodeled primary bathroom, upgraded luxury vinyl plan floors, fresh paint, a downstairs bedroom and bath, and a 3-car garage with room to spare! Welcome to this spacious, thoughtfully updated two-story home in Rancho Santa Margarita. Curb appeal starts with a warm stucco exterior, freshly painted, along with a tile roofline, an arched entryway, and mature palm trees framing the front of the home. Inside, the 3,443-square-foot layout spreads comfortably across two levels, with upgraded stairs finished in luxury vinyl plank, new carpet upstairs, and a versatile loft space that adds a flexible living or work area. A large kitchen island anchors the heart of the home, and the expansive primary suite comes complete with a remodeled bathroom and two closets. A private front balcony off the upstairs living space adds another relaxing outdoor retreat, while the private pool and spa out back make for easy at-home relaxation. Parking is no issue here, with an attached 3-car garage plus driveway space for more vehicles, and a solar system helps offset energy costs year-round. Beyond the home itself, the community adds to the appeal, sitting within Rancho Santa Margarita's Master HOA SAMLARC, one of the most amenity-rich HOAs in the area. Residents have access to community pools, clubhouses, Lago Santa Margarita lake with its beach club and lagoon, tennis and pickleball courts, basketball and volleyball courts, multiple parks and picnic shelters, amphitheaters, and a network of walking trails connecting it all. 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 a walkable town center, easy access to shopping and dining, and quick freeway access via the 241 toll road for anyone commuting further into Orange County. Schools serving the area include Tijeras Creek Elementary, Las Flores Middle School, and Tesoro High School which are in the Capistrano Unified School District. Altogether, this is a well-updated home offering private outdoor space, thoughtful upgrades, and easy access to community amenities in one of Rancho Santa Margarita's most established neighborhoods.

16 Garden View Court, Rancho Santa Margarita

$1,475,000

4 Beds ⋅ 3 Baths ⋅ OC26172838 MLS ⋅ Active Status

Located inside a secluded gated community in Rancho Santa Margarita and just steps from award-winning schools, this beautifully upgraded home offers the perfect blend of privacy, comfort, and everyday convenience. From the moment you enter, you’re welcomed by upgraded tile flooring that flows throughout the home, along with a formal living room and formal dining room that create an elegant first impression. The recessed ceiling detail with crown molding adds a refined touch, giving the main living areas a more elevated and custom feel. The heart of the home is the open kitchen, designed to connect seamlessly with the breakfast nook and family room. The kitchen features a large center island with a farmhouse sink, built-in stainless steel cooktop with upgraded hood, stainless steel double ovens, dishwasher, expansive counter space, wine refrigerator, and cabinetry finished with upgraded hardware. Just off the kitchen, the spacious family room offers a warm and functional setting with a built-in speaker system and custom entertainment center. One of the standout features of the floor plan is the large main-floor bedroom with direct access to a full bathroom. This creates an ideal setup for guests, extended family, a private office, or multigenerational living. Upstairs, you’ll find two additional secondary bedrooms, a small loft area with built-in storage, and a unique office space that adds even more flexibility. The expansive primary suite has a lot to offer, including a primary retreat complete with functional built-ins, a cozy sitting area with fireplace, and a spacious primary bathroom with a large walk-in closet. The backyard is designed for privacy and relaxation, backing to a slope with no rear neighbor. New vinyl fencing surrounds the yard, while the spa, built-in BBQ with new burners, and built-in gas fire pit create a comfortable outdoor setting for unwinding or entertaining year-round. To top it all off, the home includes a fully paid 32-panel solar system and a whole house fan, helping keep energy costs down. As part of Rancho Santa Margarita, residents also enjoy access to the city’s incredible resort-style amenities, including pools, parks, sport courts, trails, the Beach Club and Swim Lagoon, RSM Lake, and more. With its gated setting, private backyard, thoughtful upgrades, main-floor bedroom, paid solar, and access to award-winning schools, this home offers an opportunity to enjoy one of Orange County's most desirable lifestyles.

18 Santa Inez, Rancho Santa Margarita

$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

$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

$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

$1,498,800

4 Beds ⋅ 3 Baths ⋅ OC26157316 MLS ⋅ Active Status

Most desirable location in the neighborhood. No through traffic. Largest lot in the neighborhood. Prime location at the end of single loaded street. Huge pool-size yard. At the corner of a quiet cul-de-sac, neighbor on one side only, adjacent to walking trail/green area. Minutes to Hwy 241, shopping and auto center. Hot tub in backyard. Storage shed in side yard. Bright living and dining rooms. Large kitchen with nook, spacious family room with cozy fireplace, master suite with large walk-in closet. Loft with build-ins. Wood shutters.

1 Via Villario, Rancho Santa Margarita

$1,900,000

5 Beds ⋅ 5 Baths ⋅ OC26153303 MLS ⋅ Active Status

Welcome to this beautifully designed 5-bedroom, 4.5-bathroom home offering approximately 4,307 square feet — one of the best values for this much space in South Orange County. Set on a quiet cul-de-sac near award-winning schools, with tasteful upgrades and an expansive floor plan, this home delivers the space, comfort, and lifestyle buyers are looking for, all without compromise. Custom iron doors open to a grand entry that flows into a spacious formal living room and formal dining room. Crown molding, recessed lighting, plantation shutters, and elevated baseboards add a polished feel throughout. The open kitchen is designed for everyday living and effortless entertaining, with stainless steel appliances, double ovens, a center island, and a layout that opens directly to the family room — perfect for holidays, dinner parties, or casual nights at home. A standout feature of this home is its flexibility: with three separate ensuite bedrooms, it's ideally suited for multi-generational living, visiting guests, or anyone who wants extra privacy built in. The main level offers a bedroom with its own upgraded ensuite bathroom, perfect for guests or family members who prefer to avoid stairs, plus a guest bathroom and dedicated laundry room. Upstairs, a massive open loft offers endless flexibility for a second living area, playroom, or home office. A second ensuite bedroom has its own private upgraded bathroom with subway tile and an upgraded vanity, while the two remaining secondary bedrooms share a beautifully upgraded bathroom a subway-tiled shower. The expansive primary suite feels like a true retreat, with a cozy fireplace, generous sitting area, walk-in closets, and upgraded vanities — spacious, private, and the place you'll look forward to escaping to at the end of the day. For added comfort and peace of mind, the home has been completely repiped, includes a whole house fan, and features an owned 28-panel solar system that helps reduce electricity costs. Enjoy a private backyard along the hillside and three citrus trees in front. This home also includes access to resort-style community amenities, including four Olympic-sized swimming pools, the RSM Beach Club swim lagoon, sport courts, parks, and trails. Simply put — this is an extraordinary amount of home, in an unbeatable location, at a value that's hard to find anywhere else in South Orange County.

3 Sembrado, 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.