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Sold for $667,000
    • Listed by: Bullock Russell RE Services • Shawn Faramarzi • Contact: 949-292-4462
    Bought with: CENTURY 21 Affiliated
    $667,000

    20 Carmesi, Rancho Santa Margarita, CA 92688

    2beds
    1,058sqft
    Condominium
    Built in 1989
    -- sqft lot
    $667,500 Zestimate®
    $630/sqft
    $3,073 Estimated rent

    Home value

    $667,500

    $621,000 - $721,000

    $3,073/mo

    Zestimate® history
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    What's special

    Expansive rear balconyLarge en-suite bathroomWelcoming front patioSpacious residenceBeautiful granite countertopsRecently remodeled kitchenHigh-end appliances
    Price Improvement, 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. Residents of of this community enjoy access to the beautiful RSM Beach Club, as well as thirteen parks, multiple community pools, playgrounds, and various sports courts. Don't forget about miles of hiking and biking trails and the scenic O’Neill Regional Park just minutes away. With top-rated schools nearby and easy access to the 241 Foothill Transportation Corridor, this home offers the ultimate combination of comfort, convenience, and community.

    Zillow last checked:

    Listing updated:

    Listed by:

    Shawn Faramarzi DRE #01232351 949-292-4462,

    Bullock Russell RE Services

    Bought with:

    Shelly Calderon, DRE #01381259

    CENTURY 21 Affiliated

    Source: CRMLS,MLS#: OC26078778MLS LogoOriginating MLS: California Regional MLS

    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: $630/sqft
    • Tax assessed value: $488,127
    • Date on market: 4/13/2026
    • Cumulative days on market: 28 days
    • Listing terms: Cash,Cash to New Loan,Conventional,1031 Exchange,FHA,VA Loan
    • Road surface type: Paved

    Price history

    DateEventPrice
    6/10/2026Sold$667,000-1.2%$630/sqft
    Source: CRMLS #OC26078778 Report a problem
    6/4/2026Pending sale$675,000$638/sqft
    Source: CRMLS #OC26078778 Report a problem
    5/13/2026Contingent$675,000$638/sqft
    Source: CRMLS #OC26078778 Report a problem
    4/30/2026Price change$675,000-3.4%$638/sqft
    Source: CRMLS #OC26078778 Report a problem
    4/13/2026Listed for sale$699,000+62.9%$661/sqft
    Source: CRMLS #OC26078778 Report a problem
    10/30/2018Sold$429,000-0.2%$405/sqft
    Source: CRMLS #OC18231409 Report a problem
    10/5/2018Pending sale$429,900$406/sqft
    Source: For the Family Realty #OC18231409 Report a problem
    9/22/2018Listed for sale$429,900+70.6%$406/sqft
    Source: For the Family Realty #OC18231409 Report a problem
    3/4/2010Sold$252,000-1.1%$238/sqft
    Source: Public Record Report a problem
    2/27/2010Listed for sale$254,900-39.3%$241/sqft
    Source: Optimum Real Estate Services #S603530 Report a problem
    1/20/2006Sold$420,000+66.7%$397/sqft
    Source: Public Record Report a problem
    5/23/2003Sold$252,000+50300%$238/sqft
    Source: Public Record Report a problem
    12/21/1993Sold$500
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2026-- $488,127 +2%
    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

    Neighborhood: 92688

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    Estimated market value
    $667,500
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