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136 Encantado — Rancho Santa Margarita — 3 Beds • 3 Baths • 1,743 Sq Ft | Belmont Brokerage | Belmont Brokerage

ActiveUnderContract

+42 more

$999,000

19 DOM

$573/sqft3 bd3 ba1,743 sqftHOA ~430/mo

Call

136 Encantado Rancho Santa Margarita, CA 92688

1.28acre lot

Welcome to your beautifully remodeled dream home in Rancho Santa Margarita! This stunning 3-bedroom, 2.5-bath residence offers the perfect blend of style, comfort, and functionality with a spacious open-concept layout designed for modern living and entertaining. From the moment you walk in, you’ll be impressed by soaring cathedral ceilings, a large skylight that fills the home with natural light, plantation shutters throughout, and a statement entry chandelier that sets the tone. The fully remodeled custom kitchen is a showstopper, featuring a herringbone backsplash, all-new GE appliances including a stainless refrigerator and freezer, gas range, built-in microwave, and dishwasher, plus a large stainless steel sink overlooking the main living area. The home also boasts remodeled bathrooms, including a spacious primary en suite, new lighting, ceiling fans throughout, and a generously sized primary bedroom with high ceilings. Secondary bedrooms offer built-in storage, with one featuring a large walk-in closet. Additional upgrades include energy-efficient vinyl windows and a newer A/C unit for year-round comfort. This home has been fully repiped with PEX piping. The home also features an attached, spacious 2-car garage with additional storage, providing both convenience and functionality. Step outside to your private backyard oasis, recently landscaped with lush flower beds, beautiful rose bushes, and a newer sprinkler system to keep everything vibrant. A covered patio provides the perfect balance of shade and natural light—ideal for relaxing or hosting guests. Plus, enjoy the added convenience of a community pool located directly across from the home, offering quick and easy access for everyday enjoyment. Enjoy all the benefits of being part of SAMLARC, with access to resort-style amenities including a private beach club, lagoon, pools, parks, sports courts, and scenic trails connected to Lago Santa Margarita. This home truly offers the best of indoor-outdoor living in a vibrant, amenity-rich community.

MLS OC26065343

877-722-8085 (Office) michelle@thehillsregroup.com

Est. payment

$6,813/mo

Principal & interestTaxesInsuranceHOA

$5,051$1,041$291$430

Down %

Rate %

Years

Down payment: $199,800 · Total cost: $2,018,336

Mortgage vs rent

Compare estimated owner carrying cost (same loan math as above) to a gross rent estimate from a price-based multiplier (not a comp lease).

Est. carrying cost$6,813/mo

Principal & interest: $5,051
Est. property tax: $1,041
Est. insurance: $291
HOA (normalized / mo): $430
Down payment: $199,800

Est. gross rent$4,163/mo

Gross rent ≈ list price ÷ (20 × 12). Adjust the multiplier to match how you underwrite (typical investor GRM bands are often ~16–24 for SFR, market-dependent).

Rent − carrying cost (illustrative)$-2,650/mo

Down payment20%

6.5% APR, 30-year amortization — same P&I formula as the payment calculator above.

Gross rent multiple (annual)20×

Not financial advice. Mortgage uses standard amortizing P&I; taxes and insurance are rough California-style estimates (1.25% / yr tax, 0.35% / yr insurance). Rent is gross (no vacancy or management); actual market rent requires comps or a lease listing.

Virtual Tour

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Price History

Event	Date	Price	Change
Listed	Mar 23, 2026	$999,000	—

Facts & Features

Transaction Data

HOA Fee$430/monthly

Structure & Property

Year Built1991

Garage Spaces2

877-722-8085 (Office) michelle@thehillsregroup.com

Sale & Tax History

No Recent Sales History

We didn't find any closed transactions for this property in the last 5 years.

Location

136 Encantado, Rancho Santa Margarita, CA 92688

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136 Encantado Rancho Santa Margarita, CA 92688

About this home

Michelle Hill

Est. monthly payment

Mortgage vs rent

Virtual Tour

Price History

Facts & Features

Transaction Data

Structure & Property

Michelle Hill

Sale & Tax History

No Recent Sales History

Location

Location

Open Houses

Listing Agent

Presented by Belmont Brokerage Inc.

136 Encantado, Rancho Santa Margarita, CA 92688

About This Property

Property Photos

136 Encantado Rancho Santa Margarita, CA 92688

About this home

Michelle Hill

Est. monthly payment

Mortgage vs rent

Virtual Tour

Price History

Facts & Features

Transaction Data

Structure & Property

Michelle Hill

Sale & Tax History

No Recent Sales History

Location

Location

Open Houses

Listing Agent

Presented by Belmont Brokerage Inc.