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Nestled on the top street with ENDLESS VIEWS overlooking the rolling hills of Rancho Santa Margarita, this 4 bedroom 4 bath home provides the chance to join the highly sought after neighborhood of the Paragon Tract! This JM Peters home was designed with immaculate architecture in mind, with a grand entrance that greets you with high vaulted ceilings and dramatic large windows allowing for great access to the views and natural lighting. The floorplan offers an open concept and with the custom elegant archways, you seamlessly flow from one room to the other, all while noticing the tasteful Tuscan-style upgrades throughout. The sunbaked look offers textured walls in the dining room, stone accents in kitchen and soft colored cabinetry with elegant iron hardware completed with stainless steel appliances. Before heading upstairs, you will find a main floor bedroom with access to a full bathroom and a sizable mudroom/laundry room. Upstairs sits the extensive master bedroom where you can enjoy views of lush greenery through the countless windows equipped with plantation shutters; finished with a walk-in closet, newer countertops for the built-in vanity, and new toilets throughout. Yet, what magnifies this home even more is the enhanced entertainer’s backyard complete with 9 ft deep Salt Water pool, built-in bbq w/surrounding bartop and a gazebo great for cooling off on hot summer days or enjoying a cool night with company. To top it all off, you’re provided with a 3-car garage, extensive driveway, and cul-de-sac location, close to award winning schools, LOW PROPERY TAXES, and access to all the amazing amenities RSM has to offer; including 4 olympic sized swimming pools, tennis courts, basketball courts, parks and hiking trails, fishing at RSM Lake, and the amazing sand-bottom Beach Club Swim Lagoon.
Listing agent: Nancy Babcock DRE #01311802 Nancy@BullockRussell.com, Listing office: Bullock Russell RE Services
MLS data updated 11/3/2026, 3:31:14 PM PT
Source: CRMLS, MLS #: OC22062498
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
May 17, 2022
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
$1,705,000Closed sale · May 17, 2022ZIP 92688 · May 2022
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.