149 Encantado
Rancho Santa Margarita, CA, 92688
$999,000
3 Beds
3 Baths
1,743 SqFt
1.16 Acres
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MLS #OC26179178 image #0
Welcome to this beautifully updated townhome in the highly desirable Belterraza community of Rancho Santa Margarita. Offering the largest floor plan in the community, this light and bright home features 3 bedrooms, 2.5 baths and a spacious, well-designed interior with separate living and dining areas, plus a comfortable family room adjoining the kitchen. The kitchen features granite countertops, stainless steel appliances and recently replaced cabinetry, creating a fresh and inviting space for everyday living and entertaining. All bathrooms have been tastefully remodeled with attractive stone finishes, while vaulted ceilings and a private balcony make the spacious primary suite a wonderful retreat. An abundance of natural light, updated flooring, custom baseboards and ceiling fans enhance the interior throughout. Significant improvements add both comfort and value, including a full-house repipe, tankless water heater, water purification system and whole-house fan. Lovely outdoors perfect for enjoying Southern California’s year-round lifestyle. Attached garage features an epoxy-finished floor, built-in cabinetry and generous storage. Residents enjoy access to SAMLARC’s extensive amenities, including Lago Santa Margarita, the Beach Club and Lagoon, pools, parks, trails and recreational opportunities throughout the community. Conveniently located near shopping, dining and everyday amenities, this beautifully maintained Belterraza home offers an exceptional combination of space, thoughtful upgrades and the relaxed Rancho Santa Margarita lifestyle.

Property Details

Price:
$999,000
MLS #:
OC26179178
Status:
Active
Beds:
3
Baths:
3
Type:
Townhouse
Subdivision:
Belterraza BTR
Neighborhood:
r2ranchosantamargaritacentral
Listed Date:
Aug 22, 2026
Finished Sq Ft:
1,743
Lot Size:
50,672 sqft / 1.16 acres (approx)
Year Built:
1992
R2 – Rancho Santa Margarita CentralR2ranchosantamargaritacentralBelterraza BtrCapistrano UnifiedNone

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Schools

School District:
Capistrano Unified

Interior

Bathrooms
2 Full Bathrooms, 1 Half Bathroom
Cooling
CA
Laundry Features
IG
Levels
U
Main Level Bathrooms
1

Exterior

Attached Garage YN
1
Common Walls
_1CW
Community Features
SUB, LAKE
Garage Spaces
2
Parking Spots
2
Parking Total
2
View
NO

Financial

HOA Fee
$430
HOA Fee 2
$91
HOA Fee 2 Frequency
MO
HOA Fee Frequency
MO

Map

Community

Market Summary

Current real estate data for Townhouse in Rancho Santa Margarita as of Aug 23, 2026
13
Townhouse Listed
58
Avg DOM
613
Avg $ / SqFt
$873,465
Avg List Price

Property Summary

    Located in the Belterraza (BTR) subdivision, 149 Encantado Rancho Santa Margarita CA is a Townhouse for sale in Rancho Santa Margarita, CA, 92688. It is listed for $999,000 and features 3 beds, 3 baths, and has approximately 1,743 square feet of living space, and was originally constructed in 1992. The current price per square foot is $573. The average price per square foot for Townhouse listings in Rancho Santa Margarita is $613. The average listing price for Townhouse in Rancho Santa Margarita is $873,465.

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149 Encantado
Rancho Santa Margarita, CA