Welcome to 20 Carmesi, a highly upgraded and beautifully maintained upper-level condo located in one of the most desirable areas of Rancho Santa Margarita. This spacious residence offers 2 large bedrooms and 2 full bathrooms, combining comfort, functionality, and thoughtful upgrades throughout.
The recently remodeled kitchen is a true highlight, featuring beautiful granite countertops, high-end appliances, and soft-touch, self-closing cabinetry with convenient pull-out storage, perfectly blending style and efficiency for everyday living and entertaining. The home has been fully repiped and includes a recently replaced HVAC system, offering peace of mind and long-term value.
Inside, the home showcases newer high-end carpet and LVP flooring, along with an indoor full-size laundry area for added convenience. The primary suite offers generous space, a large en-suite bathroom, and a walk-in closet. The second bedroom is also spacious and versatile, easily accommodating both a sleeping area and a home office setup.
Uniquely positioned on the second floor, this condo enjoys a premium location within the community. A welcoming front patio and an expansive rear balcony provide multiple outdoor living spaces, ideal for relaxing or entertaining while taking in beautiful mountain, sunset, and garden views.
One of the rare features of this home is direct access to the garage with ample storage
Ideally located very close to the playground and a nearby pool, this home also offers exceptional convenience with close proximity to major shopping, dining, and entertainment. Enjoy being within walking distance of the scenic Rancho Santa Margarita Lake, perfect for evening strolls, dining, and enjoying the vibrant local atmosphere.
A true turnkey opportunity in the heart of Rancho Santa Margarita.
For sale
Listing Provided by: Bullock Russell RE Services
$699,000
20 Carmesi, Rancho Santa Margarita, CA 92688
2beds
1,058sqft
Est.:
Condominium
Built in 1989
-- sqft lot
$691,700 Zestimate®
$661/sqft
$543/mo HOA
What's special
Expansive rear balconyLarge en-suite bathroomWelcoming front patioBeautiful granite countertopsRecently remodeled kitchenHigh-end appliancesMultiple outdoor living spaces
- 17 hours |
- 117 |
- 5 |
Zillow last checked:
Listing updated:
Listing Provided by:
Shawn Faramarzi DRE #01232351 949-292-4462,
Bullock Russell RE Services
Source: CRMLS,MLS#: OC26078778
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSTour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 2
- Main level bedrooms: 2
Rooms
- Room types: Kitchen, Laundry, Living Room, Primary Bathroom, Primary Bedroom, Other, Dining Room
Primary bedroom
- Features: Primary Suite
Bathroom
- Features: Bathtub, Dual Sinks, Laminate Counters, Tub Shower
Kitchen
- Features: Granite Counters, Remodeled, Self-closing Cabinet Doors, Self-closing Drawers, Updated Kitchen
Other
- Features: Walk-In Closet(s)
Heating
- Central, Fireplace(s), Natural Gas
Cooling
- Central Air, ENERGY STAR Qualified Equipment, High Efficiency
Appliances
- Included: Built-In Range, Dishwasher, Exhaust Fan, Electric Oven, Ice Maker, Water Heater
- Laundry: Gas Dryer Hookup, Inside, Laundry Closet
Features
- Built-in Features, Balcony, Cathedral Ceiling(s), Separate/Formal Dining Room, Granite Counters, High Ceilings, Laminate Counters, Storage, Primary Suite, Walk-In Closet(s)
- Flooring: Carpet, Vinyl
- Windows: Garden Window(s)
- Has fireplace: Yes
- Fireplace features: Living Room
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total interior livable area: 1,058 sqft
Property
Parking
- Total spaces: 1
- Parking features: Assigned, Carport, Direct Access, Door-Single, Garage Faces Front, Garage, Permit Required, Private
- Attached garage spaces: 1
- Has carport: Yes
Features
- Levels: Two
- Stories: 2
- Entry location: front
- Patio & porch: Patio
- Pool features: Heated, Association
- Has spa: Yes
- Spa features: Association
- Fencing: Wrought Iron
- Has view: Yes
- View description: Park/Greenbelt, Hills, Trees/Woods
Lot
- Size: 0.92 Acres
- Features: Close to Clubhouse, Corner Lot, Near Park
Details
- Parcel number: 93214560
- Special conditions: Standard
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
- Attached to another structure: Yes
Materials
- Stucco
Condition
- Turnkey
- New construction: No
- Year built: 1989
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
Community & HOA
Community
- Features: Biking, Lake, Storm Drain(s), Street Lights, Suburban, Sidewalks, Park
- Security: Carbon Monoxide Detector(s), Smoke Detector(s)
- Subdivision: Belflora (Blf)
HOA
- Has HOA: Yes
- Amenities included: Call for Rules, Clubhouse, Fitness Center, Management, Picnic Area, Playground, Pool, Pets Allowed, Trail(s)
- HOA fee: $452 monthly
- HOA name: Belflora
- HOA phone: 714-508-9070
- Second HOA fee: $91 monthly
- Second HOA name: Samlarc
Location
- Region: Rancho Santa Margarita
Financial & listing details
- Price per square foot: $661/sqft
- Tax assessed value: $478,556
- Annual tax amount: $5,000
- Date on market: 4/13/2026
- Listing terms: Cash,Cash to New Loan,Conventional,1031 Exchange,FHA,VA Loan
- Road surface type: Paved
Estimated market value
$691,700
$657,000 - $726,000
$3,131/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 4/13/2026 | Listed for sale | $699,000+62.9%$661/sqft |
Source:  CRMLS #OC26078778 Report a problem | ||
| 10/30/2018 | Sold | $429,000-0.2%$405/sqft |
Source:  CRMLS #OC18231409 Report a problem | ||
| 10/5/2018 | Pending sale | $429,900$406/sqft |
Source: For the Family Realty #OC18231409 Report a problem | ||
| 9/22/2018 | Listed for sale | $429,900+70.6%$406/sqft |
Source: For the Family Realty #OC18231409 Report a problem | ||
| 3/4/2010 | Sold | $252,000-1.1%$238/sqft |
Source: Public Record Report a problem | ||
| 2/27/2010 | Listed for sale | $254,900-39.3%$241/sqft |
Source: Optimum Real Estate Services #S603530 Report a problem | ||
| 1/20/2006 | Sold | $420,000+66.7%$397/sqft |
Source: Public Record Report a problem | ||
| 5/23/2003 | Sold | $252,000+50300%$238/sqft |
Source: Public Record Report a problem | ||
| 12/21/1993 | Sold | $500 |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,000 +1.8% | $478,556 +2% |
| 2024 | $4,912 +2.3% | $469,173 +2% |
| 2023 | $4,802 +1.7% | $459,974 +2% |
| 2022 | $4,722 +11% | $450,955 +2% |
| 2021 | $4,253 -7.5% | $442,113 +1% |
| 2020 | $4,599 | $437,580 +2% |
| 2019 | $4,599 -11.1% | $429,000 +50.1% |
| 2018 | $5,173 +55.9% | $285,880 +2% |
| 2017 | $3,318 | $280,275 +2% |
| 2016 | $3,318 -6% | $274,780 +1.5% |
| 2015 | $3,528 -0.4% | $270,653 +2% |
| 2014 | $3,541 | $265,352 +4.5% |
| 2013 | -- | $253,897 |
| 2012 | -- | $253,897 |
| 2011 | -- | $253,897 -7.3% |
| 2010 | -- | $273,858 -0.2% |
| 2009 | -- | $274,509 +2% |
| 2008 | -- | $269,127 +2% |
| 2007 | -- | $263,850 -19.1% |
| 2006 | -- | $326,011 +2% |
| 2005 | -- | $319,619 +24.5% |
| 2004 | -- | $256,704 +81.3% |
| 2003 | -- | $141,617 +2% |
| 2002 | -- | $138,841 +2% |
| 2001 | $2,324 +0.6% | $136,119 +2% |
| 2000 | $2,311 | $133,450 |
Find assessor info on the county website
Monthly payment
Est. payment
$4,543/mo
Principal & interest
$3383
Property taxes
$617
HOA Fees
$543
More affordability tools
Climate risks
Neighborhood: 92688
Nearby schools
GreatSchools rating
- 7/10Cielo Vista Elementary SchoolGrades: K-6Distance: 0.4 mi
- 5/10Rancho Santa Margarita Intermediate SchoolGrades: 7-8Distance: 0.2 mi
- 10/10Trabuco Hills High SchoolGrades: 9-12Distance: 3.5 mi
A local agent can set up tours, give advice and negotiate with sellers.
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