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Rancho Santa Margarita is an inland, South Orange County suburban community nestled in the hill country around the Santa Ana Mountains known for its scenic mountain view, hiking, biking and lake. Built in 1989, 38 Eneldo is largest floor plan providing 3 bedrooms, 2.5 baths across 1,551 square feet of interior living space and a 4,000 lot. The Colina model has the perfect layout In 2014, the home underwent a remodel to include new stainless steel kitchen appliances, new kitchen granite countertops, additional kitchen counter space installed with cabinets, luxury laminate flooring downstairs, carpeting upstairs, baseboards throughout, complete bathroom remodeling in all bathrooms, energy efficient double pain windows, interior window wood shutters on all windows, installation of ceiling fans in all bedrooms, living & family rooms. Synthetic turf and additional drainage installed on side yard and textured concrete with drainage installed throughout backyard, front yard planter removed. HVAC cleaned and new ducting installed in attic in 2014. New water heater installed in 2016. 2017 repainted home interior and fencing. Conveniently located across the street from Monte Vista Park which has an olympic size heated swimming pool, tennis courts, basketball court, children's playground and a large soccer pitch. Three blocks from O’neil Park which has camping, hiking and biking. Finally, 4 blocks north of RSM Lake and Beach Club, as well as 4 blocks east of the city amphitheater' Summer Concert Series and downtown markets.
Listing agent: Lawrence Bammer DRE #01710904 Larry@SBLuxuryGroup.com, Listing office: First Team Real Estate
MLS data updated 11/4/2026, 5:51:58 AM PT
Source: CRMLS, MLS #: OC22211315
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Dec 29, 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
$956,000Closed sale · Dec 29, 2022ZIP 92688 · Dec 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.