$825,000
2Beds2Baths1,230SqFt
189 Encantado CanyonRancho Santa Margarita, CA 92688Belterraza
149 Encantado, Rancho Santa Margarita, CA 92688
- 3 beds
- 3 baths
- 1,743 sq ft
- Built 1992
Subdivision Belterraza
The home
About 149 Encantado
Welcome to this beautifully updated townhome in the highly desirable Belterraza community of Rancho Santa Margarita. Offering the largest floor plan in the community, this light and bright home features 3 bedrooms, 2.5 baths and a spacious, well-designed interior with separate living and dining areas, plus a comfortable family room adjoining the kitchen. The kitchen features granite countertops, stainless steel appliances and recently replaced cabinetry, creating a fresh and inviting space for everyday living and entertaining. All bathrooms have been tastefully remodeled with attractive stone finishes, while vaulted ceilings and a private balcony make the spacious primary suite a wonderful retreat. An abundance of natural light, updated flooring, custom baseboards and ceiling fans enhance the interior throughout. Significant improvements add both comfort and value, including a full-house repipe, tankless water heater, water purification system and whole-house fan. Lovely outdoors perfect for enjoying Southern California's year-round lifestyle. Attached garage features an epoxy-finished floor, built-in cabinetry and generous storage. Residents enjoy access to SAMLARC's extensive amenities, including Lago Santa Margarita, the Beach Club and Lagoon, pools, parks, trails and recreational opportunities throughout the community. Conveniently located near shopping, dining and everyday amenities, this beautifully maintained Belterraza home offers an exceptional combination of space, thoughtful upgrades and the relaxed Rancho Santa Margarita lifestyle.
Property details for 149 Encantado
This 3-bedroom, 3-bath townhome sits in the Belterraza neighborhood of Rancho Santa Margarita in Orange County. It offers 1,743 square feet of living space and is listed at $999,000, about $573 per square foot. The home was built in 1992. The MLS record lists the assessor parcel number as 935-451-85. Highlights include a community pool, a fireplace, an attached two-car garage, and central air. The detail sections on this page cover interior and exterior features, estimated taxes, HOA dues where they apply, and the map location.
Specifications
Home Details
At a glance
- Price
- $999,000
- Days On Site
- 49 Days
- Bedrooms
- 3
- Inside Area (SqFt)
- 1,743 sqft
- Total Baths
- 3
- Full Baths
- 2
- Partial Baths
- 1
- Lot Size
- N/A
- Year Built
- 1992
- MLS® Number
- OC26179178
- Status
- Active Under Contract
- Property Tax
- N/A
- HOA/Condo/Coop Fees
- $521 monthly
- Sq Ft Source
- Assessor
General Features
- Property Type
- Townhouse
- MLS Number
- OC26179178
- Year Built
- 1992
- Living Area (sq ft)
- 1,743
- Living Area Source
- Assessor
- Lot Size (sq ft)
- 50,672
- Lot Size (acres)
- 1.1633
- Levels
- Two
- Bedrooms
- 3
- Full Baths
- 2
- Half Baths
- 1
- Garage Spaces
- 2
- Parking Spaces
- 2
- View
- None
- HOA Dues
- $430
- HOA Frequency
- Monthly
- HOA Name
- Belterrazza
- Parcel Number
- 93545185
- On Market Date
- 2026-08-16
- Listing Terms
- Standard
Interior Features
- Interior Features
- All Bedrooms Up
- Cooling
- Central Air
- Fireplace
- Family Room
- Laundry
- In Garage
- Main Level Bathrooms
- 1
- Entry Level
- 1
- Common Walls
- One Common Wall
- Rooms
- Bedroom
Exterior Features
- Lot Features
- Landscaped
- Pool Features
- Community, Association
- Sewer
- Public Sewer
- Water
- Public
- Units
- 1
Community Features
- Subdivision
- Belterraza (BTR)
- Community Features
- Lake, Suburban, Pool
- Association Amenities
- Sport Court, Outdoor Cooking Area, Barbecue, Picnic Area, Playground, Pool, Spa Hot Tub, Tennis Courts
- Second HOA Dues
- $91
- Second HOA Name
- SAMLARC
The record
Property History for 149 Encantado
| Date | Event | Price | Note |
|---|---|---|---|
| Aug 16, 2026 | Listed for sale | $999,000 |
Cost of ownership
Estimated monthly payment
7.03% · 30-yr fixed$
$8,044/mo
10% down · 30-year fixed · $99,900 down
Principal & interest$6,000
Mortgage insurance (est., over 80% LTV)$375
Property tax (est. 1.03%)$857
Home insurance (rough est., varies widely)$291
HOA from listing$521
$7,002/mo
20% down · 30-year fixed · $199,800 down
Principal & interest$5,333
Property tax (est. 1.03%)$857
Home insurance (rough est., varies widely)$291
HOA from listing$521
$6,336/mo
30% down · 30-year fixed · $299,700 down
Principal & interest$4,667
Property tax (est. 1.03%)$857
Home insurance (rough est., varies widely)$291
HOA from listing$521
Estimated carrying cost
$1,669/mo
All cash · taxes and insurance only
Principal & interestNone (cash purchase)
Property tax (est. 1.03%)$857
Home insurance (rough est., varies widely)$291
HOA from listing$521
Estimate only, not a loan offer or quote. Principal and interest use the Freddie Mac 30-year fixed average of 7.03% (week of Sep 24, 2026); your rate will differ. A loan this size is typically a jumbo loan, which prices differently. Tax and insurance are modelled, not billed amounts; tax uses a typical Rancho Santa Margarita rate, excluding Mello-Roos. Verify all figures. Full assumptions and disclosures.
Next steps
Buying 149 Encantado
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Selling near 149 Encantado
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The neighborhood
About Rancho Santa Margarita
Rancho Santa Margarita is a master-planned Orange County community in the foothills of the Santa Ana Mountains, bordered to the east by the Cleveland National Forest and centered on the man-made Lago Santa Margarita. Adjacent O'Neill Regional Park spans thousands of acres of oak-shaded canyon habitat, and the city is served by the Saddleback Valley Unified and Capistrano Unified school districts.
Rancho Santa Margarita home sales, past 12 months
- Homes sold
- 47
- Median price
- $879,000
- Median days on market
- 20
- Median per sq ft
- $604
Recorded MLS closings of townhomes, Sep 26, 2025 to Sep 26, 2026. Days on market run from listing to going under contract.
Price per square foot against recent Rancho Santa Margarita sales
At $573 per square foot, this home's asking price is close to the Rancho Santa Margarita median of $604 for townhomes that closed in the past 12 months.
Recent Rancho Santa Margarita sales
| Address | Closed | Price | Sq ft | Per sq ft | Days on market |
|---|---|---|---|---|---|
| 6 Colibri | Aug 31, 2026 | $915,000 | 1,531 | $598 | 3 |
| 95 Pasto Rico | Aug 28, 2026 | $825,000 | 1,329 | $621 | 36 |
| 229 Seacountry | Aug 28, 2026 | $860,000 | 1,541 | $558 | 204 |
| 14 Brisa Ribera | Aug 26, 2026 | $700,000 | 922 | $759 | 32 |
| 155 Seacountry | Aug 13, 2026 | $725,000 | 1,080 | $671 | 12 |
Schools
School District for 149 Encantado
As listed in the MLS record. Confirm attendance boundaries with the school district.
The MLS record lists the school district as Capistrano Unified.
Living in Rancho Santa Margarita covers its schools, parks and beaches.
Location
Location
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Listed by Damian DeBlis of The DeBlis Group, Inc
Listing information updated Sep 25, 2026 at 2:18 PM PT. Source: CRMLS.
This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.