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
See this Listing
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
- Address149 Encantado Rancho Santa Margarita CA
- SubdivisionBelterraza (BTR)
- CityRancho Santa Margarita
- CountyOrange
- Zip Code92688
Subdivisions in Rancho Santa Margarita
- Arroyo Vista AV
- Ballantree BALT
- Belflora BLF
- Bella Ventana BVT
- Belterraza BTR
- Brisa del Lago I BD
- Brisa del Lago II BDII
- Cabo Vista CVS
- Cabrillo Vista CAVI
- California Del Sol CDS
- Cantobrio I R1 CB1
- Castile CAST
- Cierra Del Lago CDL
- Corte Melina CM
- Cresta Vista CRV
- Estrella Vista ESV
- Fairway Estates DCFE
- Fairway Ridge DFR
- Fieldstone Classics FLCL
- Granada GRN
- Greystone Arbor GRAR
- Lakeridge DLR
- Las Flores R1 LF
- Las Flores R2 LF
- Laurels DLAU
- Los Abanicos LOSA
- Los Paseos LOPA
- Los Portillos LSP
- Lyon Promenade LYPM
- Mission Courts R1 MC
- Mission Greens R1 MG
- Montana Del Lago MDL
- Montecito MO
- Montilla MNT
- Oaks DOK
- Ranchwood R2 RW
- Sea Country SEAC
- Serabrisa SRB
- Sonoma Court SCT
- Sterling Heights DSH
- Summit Crest DSC
- Terracina TERC
- Tierra Montanosa TIEM
- Tijeras Creek Villas TCV
- Trabuco – Elms THE
- Trabuco – Homestead THH
- Traditions TRAD
- Valle Vista VLV
- Veranda VERA
- Vista Ladera R2 VL
- Warmington Homes DWH
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.
Similar Listings Nearby
149 Encantado
Rancho Santa Margarita, CA


