$5,250,000
- 5 Beds
- 4.5 Baths
- 2,700 Sq Ft
166 Fairview St, Laguna Beach, CA 92651
Clark Smith Realatrends
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Rancho Santa Margarita, known locally as "RSM," is a master-planned city in Orange County, California, situated at the base of Saddleback Mountain in the Santa Ana range. This city is conveniently located on State Route 241, providing easy access to major interstates and neighboring cities like Irvine, which is 19 miles away. The highly rated Saddleback Valley Unified School District, featuring programs such as the International Baccalaureate and Spanish Dual Language Immersion, attracts families with young children. The city’s commercial corridor along Santa Margarita Parkway is lined with Mediterranean-inspired shopping plazas, offering a mix of big-name retailers and diverse dining options, including waterfront dining at Mercado Del Lago and upscale experiences at Hanna’s Prime Steakhouse. Residential areas feature Mediterranean-style homes, condos, and townhomes with Spanish-style details, red tile roofs, and manicured lawns. Outdoor enthusiasts can enjoy 22 privately owned parks, the 22-acre Trabuco Highlands Central Park, and the 12-acre Lago Santa Margarita, which hosts seasonal events like the Fishing Derby. Golfers have access to Tijeras Creek and Dove Canyon golf clubs, while hikers can explore the extensive trails at O'Neill Regional Park. Rancho Santa Margarita boasts crime rates well below national averages, though its mountainside location makes it prone to wildfires. The city experiences hot summers with temperatures reaching 100 degrees and occasional winter snow flurries.
On average, homes in Rancho Santa Margarita, CA sell after 34 days on the market compared to the national average of 52 days. The median sale price for homes in Rancho Santa Margarita, CA over the last 12 months is $922,500, up 2% from the median home sale price over the previous 12 months.