1 Encantado Canyon, Rancho Santa Margarita, California 92688, Rancho Santa Margarita, - bed, bath

home-pic
ACTIVE$805,000
1 Encantado Canyon, Rancho Santa Margarita, California 92688
2Beds
2Baths
1,230Sqft
56,476Lot
Year Built
1990
Close
-
List price
$805K
Original List price
$819K
Price/Sqft
-
HOA
$409
Days on market
-
Sold On
-
MLS number
OC25180103
Home ConditionGood
Features
Patio
ViewNeighborhood, Trees/Woods

About this home

LOWER LEVEL | EASY ACCESS | FENCED-IN YARD | Welcome to 1 Encantado Canyon, a beautifully updated single-story end unit located in the sought-after Belterraza community of Rancho Santa Margarita. This light-filled 1,230 sq ft home features vaulted ceilings, an open-concept layout, an inviting fireplace, and stylish wood-like flooring throughout the main living areas. A spacious wraparound patio offers the perfect space for both relaxing and entertaining. The kitchen is equipped with Corian countertops, a modern tile backsplash, and direct patio access, while the primary suite includes cozy carpet, dual closets, a spa-inspired bathroom, and private access to a serene patio with a mature lemon tree. A second bedroom and full bath provide flexibility for guests or a home office. Additional highlights include fresh interior paint, two single-car garages (one with direct entry and laundry), low HOA fees, and access to SAMLARC amenities such as pools, parks, and a private beach club — making this home a perfect blend of comfort, convenience, and prime location. Rancho Santa Margarita has been voted the “Safest City” in California multiple times, and in 2025!

Price History

Date
Event
Price
10/19/25
Price Change
$805,000-1.2%
09/26/25
Price Change
$815,000-0.5%
08/15/25
Listing
$819,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (103 Listings)
Beds22
50%
Baths22
50%
Square foot1,2301,027
71%
Lot Size56,47631,622
63%
Price$805K$659K
73%
Price per square foot$654$662.5
47%
Built year19909950995
59%
HOA$409$452
37%
Days on market82173
10%
Condition Rating
Good

Built in 1990, this property has undergone significant updates, including fresh interior paint, stylish wood-like flooring throughout main living areas, and a modern tile backsplash in the kitchen. The primary bathroom is described as 'spa-inspired,' indicating recent renovation. While the kitchen features Corian countertops, which are functional but not considered a premium modern material, the overall condition is move-in ready with minimal wear and tear, reflecting a well-maintained home with recent aesthetic improvements.
Pros & Cons

Pros

Exceptional Community & Amenities: Located in highly-rated Rancho Santa Margarita, known for safety, with access to extensive SAMLARC amenities including pools, parks, and a private beach club, enhancing lifestyle and desirability.
Updated & Move-in Ready Interior: Features an open-concept layout, vaulted ceilings, stylish wood-like flooring, fresh paint, and an updated kitchen, offering a modern and appealing living space.
Convenient Single-Story End Unit: A lower-level, single-story end unit provides easy access, enhanced privacy, and a desirable floor plan suitable for various demographics.
Ample Private Outdoor Space: Boasts a spacious wraparound patio and a private primary suite patio with a mature lemon tree, ideal for relaxation and entertaining.
Practical Features & Low HOA: Includes two single-car garages (one with direct entry and laundry) and low HOA fees, adding significant value and convenience for residents.

Cons

Condominium Restrictions: As a condominium, it entails shared walls and adherence to HOA rules and regulations, which may limit personal modifications or appeal to buyers preferring detached homes.
Dated Countertop Material: While updated, the kitchen features Corian countertops, which some buyers may perceive as less premium or modern compared to natural stone or quartz options.
Recent Price Adjustments: The property has undergone multiple price reductions since its initial listing, potentially indicating an overestimation of market value or slower buyer interest.

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