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Rancho Santa Margarita

Rancho Santa Margarita

Located in Orange County

$1,022,983 Average Value
$657 Average Price per Sq Ft
89 Homes For Sale

Newer master-planned city in the foothills of the Santa Ana Mountains

Known locally as “RSM,” Rancho Santa Margarita is a master-planned Orange County city at the base of Saddleback Mountain — the highest peak in the Santa Ana range. Set right on State Route 241, within a few miles of several major interstates, RSM is surrounded by sprawling parks and nature preserves and offers lower home prices than Irvine, 19 miles away. The highly rated Saddleback Valley Unified School District draws families with young children, and many residents commute to Irvine and other Orange County cities.

Rancho Santa Margarita Lake Park is a 1.5-acre recreation park in the City of Rancho Santa Margarita.
Rancho Santa Margarita Lake Park is a 1.5-acre recreation park in the City of Rancho Santa Margarita.
Residents can enjoy walking and biking around Rancho Santa Margarita Lake in the City of Rancho Santa Margarita.
Residents can enjoy walking and biking around Rancho Santa Margarita Lake in the City of Rancho Santa Margarita.
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Dual language and International Baccalaureate programs

The Saddleback Valley Unified School District is rated an overall A by Niche. District-wide programs include the International Baccalaureate (IB) Primary Years and Diploma Programmes, as well as a Spanish Dual Language Immersion Program.

The teachers and staff are top notch at the City of Rancho Santa Margarita Intermediate School.
The teachers and staff are top notch at the City of Rancho Santa Margarita Intermediate School.
Trabuco Mesa Elementary is a Public K-6 School in the City of Rancho Santa Margarita.
Trabuco Mesa Elementary is a Public K-6 School in the City of Rancho Santa Margarita.
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Toll roads to Irvine

Rancho Santa Margarita is bisected by the Foothill Transportation Corridor (State Route 241), a toll road connecting RSM to Irvine in about 19 miles. Residents primarily rely on their cars to get around, but Orange County Transportation Authority (OCTA) buses serve the community, and Route 82 travels to the Laguna Niguel/Mission Viejo Metrolink Station. Providence Mission Hospital Mission Viejo is about 8 miles away, and John Wayne Airport is about 20 miles away.

Shopping plazas around Santa Margarita Parkway

Santa Margarita Parkway winds through the city’s commercial corridor, lined with shopping plazas that echo Mediterranean design — terracotta tiles, arched walkways and stone-colored facades. These shopping centers each offer big-name retailers like Target, Trader Joe’s and Kohl’s; dining ranges from fast-casual chains to upscale sit-down dining. At Mercado Del Lago, residents can dine outdoors with waterfront views of Lago Rancho Santa Margarita. The Rancho Santa Margarita Town Center features Cinépolis Luxury Cinemas, the only movie theater in town, and Hanna’s Prime Steakhouse. Opened in 2005, Hanna’s has made a name for itself nationally, dubbed one of the top 100 restaurants in the United States by Yelp.

Residents can grab home essentials at Target in the City of  Rancho Santa Margarita Town Center.
Residents can grab home essentials at Target in the City of Rancho Santa Margarita Town Center.
Belle Boutique in the City of Rancho Santa Margarita features the latest styles to help you look your best.
Belle Boutique in the City of Rancho Santa Margarita features the latest styles to help you look your best.
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Mediterranean inspired homes, condos and townhomes

As of early 2025, Rancho Santa Margarita’s median home price is $1.42 million, compared to Irvine’s $1.6 million. The community's two-story single-family homes, condos and townhomes all have Spanish-style details. Palm trees wave above red tile roofs, multi-car garages and manicured lawns maintained by each neighborhoods respective homeowners associations. While the larger villas can cost close to $2,000,000 or more, condos can be purchased for around $600,000. Popular neighborhoods for families with young children include Robinson Ranch in the northeastern Trabuco Canyon and Trabuco Highlands.

Some larger homes in the City of  Rancho Santa Margarita feature 3-car garages and large lots.
Some larger homes in the City of Rancho Santa Margarita feature 3-car garages and large lots.
The City of Rancho Santa Margarita has condominiums located near Rancho Santa Margarita Lake Park.
The City of Rancho Santa Margarita has condominiums located near Rancho Santa Margarita Lake Park.
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Lago Rancho Santa Margarita and seasonal events

The city has 22 privately owned parks and open green spaces, many with playgrounds, walking trails and open fields for sports. The 22-acre Trabuco Highlands Central Park is the biggest, with an Olympic-size pool and soccer field. The park hosts the community's annual Summer Concert Series and the two-day Rancho Family Fest each autumn, which features local Orange County bands, food vendors and game booths.

Encircled by a walking path, the 12-acre Lago Santa Margarita comes alive each May during the Fishing Derby, when anglers drop their lines for bass, bluegill and catfish. The Tijeras Creek and Dove Canyon golf clubs both have 18-hole courses, and there are miles of canyon trails at 4,500-acre O'Neill Regional Park.

Attendees put out the chairs and blankets for the fireworks at the Star Spangled Spectacular in the City of Rancho Santa Margarita.
Attendees put out the chairs and blankets for the fireworks at the Star Spangled Spectacular in the City of Rancho Santa Margarita.
The City of Rancho Santa Margarita's serene lake setting enhances the peaceful and joyful atmosphere of the event.
The City of Rancho Santa Margarita's serene lake setting enhances the peaceful and joyful atmosphere of the event.
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Low crime rates

Rancho Santa Margarita's rates of violent and property crime are well below state and national averages. However, the city’s mountainside location, with high winds, often low humidity and lush vegetation, makes it susceptible to wildfires. In summer, temperatures here can reach 100 degrees, and winter sees occasional snow flurries. Realtor Daniel Finder, who lives and works in Rancho Santa Margarita, describes RSM as “-er country. It’s wetter, elevated higher, hotter and windier.”

Braxton Chea
Written By
Braxton Chea
Ling Ge
Photography Contributed By
Ling Ge
Bob Yukich
Video By
Bob Yukich

Interested in learning more about homes in this area? Reach out to Ruby Wang, an experienced agent in this area.

Agents Specializing in this Area

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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Parks in this Area

Rancho Santa Margarita Housing Trends

Housing Trends

Median List Price
$930,000
Median Sale Price
$918,000
Median Single Family Sale Price
$1,280,700
Median Townhouse Sale Price
$455,000
Median 2 Bedroom Sale Price
$650,000
Median Change From 1st List Price
1%
Last 12 months Home Sales
416
Median Home Sale Price YoY Change
1%
Average Price Per Sq Ft
$657

Area Facts

Number of Homes in Neighborhood
8,959
Number of Homes for Sale
89
Median Year Built
1988
Months of Supply
2.60
Average Single Family Home Size Sq Ft
2,025
On par with the national average
1,924
Average Townhouse Size Sq Ft
1,886
Average 2 Bedroom Size Sq Ft
1,030
Average 1 Bedroom Size Sq Ft
737
Median Lot Size Sq Ft
5,227

Open Houses

  • Saturday, Sep 20
    Open House 9/20

    32042 Pleasant Glen Rd, Trabuco Canyon, CA 92679

    $1,198,000

    • 3 Beds
    • 2.5 Baths
    • 1,678 Sq Ft
    • 32042 Pleasant Glen Rd

    Welcome to an elegant retreat where sophistication meets modern comfort. This elegantly designed home rests on a meticulously landscaped lot. Upon arrival you are greeted by the welcoming front yard and shade tree. The brick entry path accentuates a gated courtyard porch to enjoy your morning coffee or tea. Step down into the formal living room with luxury vinyl plank flooring featuring a vaulted

    Agent Photo
    Nicole McKee
    Compass
    (888) 720-9563
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  • Sunday, Aug 31
    Open Sat 11AM - 2PM

    32221 Weeping Willow St, Trabuco Canyon, CA 92679

    $1,998,000

    • 4 Beds
    • 3.5 Baths
    • 3,222 Sq Ft
    • 32221 Weeping Willow St
    • New 3 days ago

    Welcome to 32221 Weeping Willow Street in Rancho Santa Margarita, CA—a modern sanctuary designed for both comfort and style. This expansive 3,222 sq. ft. residence offers four bedrooms and three and a half bathrooms, ensuring ample space for living and entertaining.Step inside to discover a newly repainted interior that complements a series of upgrades throughout, enhancing the

    Aleksandra Korfanty Compass

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  • Sunday, Aug 31
    Open Sat 1PM - 5PM

    12 Poppyfield Ln, Rancho Santa Margarita, CA 92688

    $1,020,000

    • 3 Beds
    • 2.5 Baths
    • 1,438 Sq Ft
    • 12 Poppyfield Ln
    • New 6 days ago

    I. LOCATION/LOCATION/LOCATION (IN SITU): A. Turn-Key remodeled detached House:3 bedrooms, 2 full baths , 1/2 bath,kitchen, Living room, Dining room,Laundry room,garage,and back patio: The 2-story corner detached SFR house located at a cul-de-sac has been upgraded.The kitchen, baths,bedrooms,living room, dining room,laundry room, room closets,garage, and back patio were remodeled.

    Carlos Avila Carlos Avila, Broker

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Homes for Sale

Homes for Rent

Distribution of Home Values

Source: Public Records

Average Home Value





Source: Public Records

Property Mix - Square Feet

Rancho Santa Margarita Has More Owners

Demographics

Total Population
44,780
Median Age
41
Population under 18
23.9%
On par with the national average
23.8%
Population over 65
15.2%
On par with the national average
19.1%

Finances

Median Household Income
$142,405
Significantly above the national average
$71,702
Average Household Income
$166,846

Education and Workforce

High School Graduates
94.7%
College Graduates
50.7%
Above the national average
34.1%
Advanced Degrees
15.7%
% Population in Labor Force
74.6%
Above the national average
65.1%

Area Factors

Somewhat Bikeable

Bike Score®®

8 / 100

Car-Dependent

Walk Score®®

2 / 100
Source: Walk Score
Source: Walk Score

Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address. CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Rancho Santa Margarita
Ruby Wang
Luxe Real Estate
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