Golf course living!
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189 Encantado Canyon, Rancho Santa Margarita, CA 92688

$825K2bd · 2ba · 1,230 sqft
Lot 4,073 sqft•HOA $469/mo•Condominium•
Active
•148d on market•MLS# OC-26090580

Property Description

Welcome home to this beautifully upgraded, single story Belterraza condo. It backs directly to the 6th green of the prestigious Tijeras Creek Golf Course. Enjoy breathtaking golf course views and a backyard that is truly an entertainer’s dream come true — the perfect setting for relaxing evenings, weekend gatherings, and outdoor dining. Inside, the home features an almost brand-new kitchen complete with elegant marble countertops and stylish european cabinets with brushed gold pulls, creating a modern and sophisticated feel. Additional upgrades throughout the property include dual pane windows and sliders, luxury vinyl flooring, recessed lighting, shutters, and paneled doors that add both comfort and timeless appeal. Additional highlights include both a one-car attached garage and a separate one-car detached garage, providing ample parking and storage options. As part of the highly sought-after SMLARC association, residents enjoy access to an incredible array of amenities including tennis and pickleball courts, sparkling pools, a swim club with a sandy beach, and countless community activities for all ages. This is resort-style living at its finest in one of Rancho Santa Margarita’s most desirable communities.

Features & Amenities

FeeBuilt 1992

Property Details

Land Type
Fee
Year Built
1992
Property Type
Residential
Property Subtype
Condominium
Parking Spaces
2
Garage Spaces
2
Heating
Forced Air
Cooling
Central Air
View
Golf Course
Flooring
Vinyl
Roof
Spanish Tile
City
Rancho Santa Margarita
Zip Code
92688
County
Orange
Listed byRise Realty, Fred Highley

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$4,171.65
Principal & Interest
Loan Amount
$660,000
Total Interest
$841,794
Total Payment Over 30 Years
$1,501,794
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Affordable Tier · 5 active · 5 closed

189 Encantado Canyon, Rancho Santa Margarita, CA 92688

Rancho Santa Margarita · Condominium

$825K
Affordable Tier
Beds
2
Baths
2
Sqft
1,230
Lot
4,073 sqft
Year
1992
$/Sqft
$671
Pool: Yes✓
Spa: Yes✓
View: golf✓
Garage: 2-car✓

Listed 26.0% above the median closed sale of $655,000. Price per sqft ($671) is a 15% premium to closed comps ($585).

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $825K· $671/sqft
Total list price
Closed comps
vs closed median $655K
+$170K (+26.0%)
Active comps
vs active median $730K
+$95K (+13.0%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $659
+$12 (+1.9%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
2 DianthusRancho Santa Margarita1988221,0240$683$699,900289
7 Pasto RicoRancho Santa Margarita1989231,0910$669$729,9886588
12 Via SolazRancho Santa Margarita1990221,117137,321$671$749,9002787
61 Tierra MontanosaRancho Santa Margarita1996221,16417,217$644$750,0005287
103 Camino Del OroRancho Santa Margarita1991221,11025,172$626$695,0001385
Total: 5 · Average2.02.21,101.259,903.333$658.6$724,957.631.8
Median1,110$729,988

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
19 EncantadoRancho Santa Margarita199008/25/2026221,3293,842$759,000$740,000$5570.979693
34 Via SolazRancho Santa Margarita199008/06/2026229710$599,000$599,000$6171.002791
166 Via ContentoRancho Santa Margarita199508/07/2026221,1170$679,900$655,000$5860.9613589
2 CarmesiRancho Santa Margarita198909/22/2026221,0490$630,000$625,000$5960.998888
73 Camino Del OroRancho Santa Margarita199209/29/2026221,22525,172$699,000$695,000$5670.995688
Total: 5 · Average2.02.01,138.214,507$662,800$662,800$584.6—80.4
Median1,117$655,000$655,000

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.