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Rancho Santa Margarita Homes Listed for Sale
Rancho Santa Margarita condos may start as low as $300,000 whereas Rancho Santa Margarita luxury homes in exclusive gated communities may reach as high as $2,000,000+. The variety of available Rancho Santa Margarita homes for sale make this city as one of the most versatile in Orange County.
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Neighborhoods and Communities
Rancho Santa Margarita includes the following neighborhoods/communities: Dove Canyon, Las Flores, Rancho Cielo, Rancho Santa Margarita Central, Rancho Santa Margarita North, Robinson Ranch and Walden.
Home Values
- 773 homes were sold in Rancho Santa Margarita in 2018.
- 347 condominiums sold in Rancho Santa Margarita in 2018. The lowest price was $xxx,xxx and the highest price was $x,xxx,xxx.
- 426 single family homes sold in Rancho Santa Margarita in 2018. The lowest price was $xxx,xxx and the highest price was $x,xxx,xxx.
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Real Estate History
Native Americans lived where now schools, shopping centers and homes stand. Spanish explorers visited this area in 1769 and many settled here. In 1821 California became part of Mexico in 1821. The Mexican governors divided the area around the mission into 3 large ranches.
- Rancho Mission Viejo
- Rancho Santa Margarita
- Rancho Trabuco
James Flood and his partner Jerome O’Neill purchased these ranches in 1882. This estate combined of these 3 large ranches were run as a working ranch into the 1920’s. In 1940, the ranch was divided and the Flood family took the lower portion, and the upper portion was retained by the O’Neill family. Rancho Santa Margarita served as one of the ranch lands for the Mission of San Juan Capistrano.
Although there were a cluster of homes built in these remote areas, the first tract homes in new master planned community of Rancho Santa Margarita were sold around 1986. The expansion of the economy in the 1980’s fueled housing construction in the communities of Dove Canyon, Robinson Ranch, Wagon Wheel and some smaller developments.
In 1989, the residents of Rancho Santa Margarita (RSM) established a Community Civic Association (CCA) as a political voice for the community.
Realtors and Agents
Our Top Real Estate Agents have over 20 years of experience buying, selling and renting homes in Orange County. Let us provide you with the best service possible and help you find your next home. Contact a Rancho Santa Margarita Realtor today!
Zillow Estimates and Comps
Zillow estimates (also known as ‘Zestimates’) can be woefully inaccurate (There are countless stories that confirm this) and you should never use them as the main source when valuing a home. For the full story on why you can’t trust Zillow Home Estimates and how to accurately find a home value, please read our article Why Zillow Estimates Are Wrong.
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City Highlights
Rancho Santa Margarita or RSM as it is often referred to, is a newer city in Orange County, California, United States. The city was incorporated in November 1999.
It is a master planned community, and was carefully planned long before it’s inception. The city limits are within the border of Rancho Mission Viejo, which is an unincorporated area of South Orange County, California. It occupies much of a high plateau known as Plano Trabuco.
Rancho Santa Margarita is a quaint city with the feel of a “village”. The City maintains a safe environment through various programs and works closely with law enforcement and fire protection services.
Rancho Santa Margarita, like most of coastal southern California, generally has a Mediterranean climate. Because it is more inland, it is somewhat warmer than cities closer to the beach.
This city has a combination of good schools, low crime, and college-educated neighbors who tend to support education. There is also a high rate of home ownership in predominantly single-family properties and condominiums. Many families consider Rancho Santa Margarita a good community to raise children.
In most photos of this beautiful city, you will notice a lake and mountains in the background. It is famous for the Rancho Santa Margarita Lake also known as Lago Santa Margarita. With its beautiful serene setting and views of the mountains, this lake is alive and active with local residents and visitors alike. You can take a nice walk around it, have a picnic and children bike and skate through its numerous walk paths.
Just keep in mind that public restrooms are located only in the Mercado (market) area! The Mercado Del Lago shopping center, has several shops where you can pick up a treat: including an ice cream shop, donut shop, bagel shop, convenience store (with candy and treats), a fast food restaurant and a Ralph’s.
The Summer Concert Series begins annually beginning of July and continues for approximately six weeks. This is very popular with residents as they can enjoy a free musical concert by different performers every Sunday with family and friends in Central Park.
For outdoor lovers, there are many hiking and biking trails. The rocky north end of the lake, near the Las Flores parking lot, hosts a grassy amphitheater and is a prime fishing spot. It is also not unusual to see people flying their kites!
The fireworks show for 4th of July is spectacular, where you can view them from RSM lake. There is plenty of parking available and what you want to bring with you are bikes, scooters or skates. If you have a license, bring your fishing poles. It’s also a great place for moms with strollers. By the way, remote-controlled boats are allowed in this lake, and your kids will surely love that!
Rancho Santa Margarita is an ideal place to call home, especially for families with children.
School Districts / Education
The city is served by Saddleback Valley Unified School District and the Capistrano Unified School District.
- Students in SVUSD boundaries attend Trabuco Hills High School or Mission Viejo High School, both outside of Rancho Santa Margarita in the city of Mission Viejo. Students in CUSD boundaries attend Tesoro High School located in the Las Flores neighborhood.
- RSM Intermediate School (SVUSD) and Las Flores Middle School (CUSD) serve the city.
- Public Elementary schools include Cielo Vista, Trabuco Mesa, Robinson Ranch, Arroyo Vista, Melinda Heights, and Tijeras Creek.
- Private Elementary and Middle Schools include St. John’s Episcopal Day School, Serra Catholic, and Mission Hills Christian School.
- Santa Margarita Catholic High School is a private Roman Catholic high school associated with the Catholic Diocese of Orange. SMCHS is located in Rancho Santa Margarita.
The city is also the location for the international headquarters of Toastmasters International, who provide public speaking and leadership education programs.
Convenient Access
Vehicular access to Rancho Santa Margarita is mainly via California State Route 241, which is a toll road. As such, traffic is light to medium. There is also access via numerous surface streets.
City Website
For a list of all utility companies for the city of Rancho Santa Margarita, as well as a variety of valuable information you can visit the City website of Rancho Santa Margarita here:
Interesting Facts
The median age in this city is 36 years old, so many younger families mainly with children choose to live in Rancho Santa Margarita.
Based on the last census report, the educational attainment level in Rancho Santa Margarita significantly exceeds the averages throughout the rest of California. The Census reported that 31.8% of the population possess a bachelor’s degree, with 16.4% possessing a Graduate or Professional Degree.
Estimated population as of 2016 was 48,969.