Rancho Santa Margarita REO Homes for Sale
Out of 203 Rancho Santa Margarita homes for sale today, 30 are REOs, 98 are Short Sales or in Foreclosure and 97 appear to be equity owners.
Recent Rancho Santa Margarita REO Homes for Sale
In the last week, there were 7 new REO listings – including this 3 bedroom 2 bath single level detached home with a 2 car garage and about 2100 square feet:

And this 2 bedroom 2 bath condo in Los Flores for $165K
Short Sale Homes for Sale in Rancho Santa Margarita
Last week, there were 3 new Short Sale homes listed for sale in Rancho Santa Margarita:
A 2 bedroom 1 bath condo in Los Flores 2 for $179K – no photos of that one to share yet.
A 2 bedroom 2 bath in Los Portrillos with 1000 square feet offered at $268K – photos below
And a 4 Bed + Bonus room which is every homeowner’s dream! 2100 sqft home has Granite counters, Porcelain tile & more! Large master w/ walk-in closet, separate tub/shower! Upgraded vanity in bathroom! Located in the sought after California Tesoro Tract near award winning schools, parks, pools & the Toll Road. Low tax rate low association dues! Offered at $499K.
Non-Distressed Homes for Sale in Rancho Santa Margarita
New on the Real Estate market in Rancho Santa Margarita this week and NOT distressed (from what we can determine) are the following top picks:
This 4 bedroom 3 bath 2500 square foot home with a pool and a 3 car garage:
And this 1 bedroom 1 bath condo in Belflora offered at $170K:
It is a great time to buy Orange County real estate. To search for all homes for sale in Rancho Santa Margarita click here.







