Rancho Santa Margarita Homes with Three Or More Levels Stories

Welcome to Rancho Santa Margarita, a hidden gem nestled in the heart of Orange County, California. Known for its picturesque landscapes and vibrant community, this charming city offers a unique blend of suburban tranquility and urban convenience. With its stunning views of the Santa Ana Mountains and an array of outdoor recreational opportunities, Rancho Santa Margarita is a haven for nature lovers and active families alike.

One of the standout features of this beautiful city is its diverse housing market, particularly the stunning homes with three or more levels. These multi-story residences not only provide ample living space but also offer breathtaking panoramic views that can be enjoyed from multiple vantage points. Imagine sipping your morning coffee on a balcony that overlooks serene parks or the sparkling RSM Lake, or hosting family gatherings in spacious living areas that flow seamlessly from one level to another.

In addition to their architectural appeal, homes with three or more levels in Rancho Santa Margarita often come equipped with modern amenities and thoughtful designs. Many of these residences feature open floor plans, gourmet kitchens, and luxurious master suites, making them ideal for both entertaining and everyday living. The community is also enriched by top-rated schools, shopping centers, and an array of dining options, ensuring that everything you need is just a stone's throw away.

Whether you’re looking to settle down or invest in a property that offers both comfort and style, Rancho Santa Margarita’s multi-level homes are an excellent choice. Discover the perfect blend of luxury and lifestyle in this enchanting city today!

Newest Rancho Santa Margarita Homes with Three Or More Levels Stories

$799,000

3 Beds ⋅ 2 Baths ⋅ OC26189960 MLS ⋅ Active Status

**VIEWS, VIEWS, VIEWS!!!** Welcome to Brisa Del Lago, where location, lifestyle, and those gorgeous Saddleback Mountain and O’Neill Park views come together! This beautiful 3-bedroom, 2-bath home with a RARE 2-car garage offers privacy with no one above, plus two balconies perfect for soaking in the scenery. Inside, you’ll find an upgraded kitchen featuring quartz countertops, custom cabinetry and stylish lighting, along with beautifully updated bathrooms featuring custom counters and vanities. The third bedroom is perfect for working from home, guests, or makes a great flex space. Located next to a peaceful greenbelt and just steps from Rancho Santa Margarita Lake, shopping, dining, entertainment, the Beach Club and Trabuco Mesa Elementary, this home puts the best of RSM right outside your door. And did we mention NO MELLO ROOS?! Enjoy access to RSM’s incredible community amenities while coming home to mountain views, privacy, walkability and a 2-car garage. This one checks A LOT of boxes—come see it before someone else calls it home!

17 Aubrieta, Rancho Santa Margarita

$849,999

3 Beds ⋅ 3 Baths ⋅ SW26178606 MLS ⋅ Active Status

NOW AVAILABLE- 9 Ibiza, a spacious three-bedroom, two-and-one-half-bath, 3 story townhome located in the highly desirable Tesoro Trails community of Rancho Santa Margarita. Built in 2013, this approximately 1,941-square-foot residence offers a versatile multi-level floor plan, abundant natural light, and an attached two-car garage. Mediterranean-inspired architecture, arched exterior details, and a private covered entry add to the home’s distinctive appeal. Tesoro Trails residents enjoy HOA-maintained common areas, a playground, barbecue facilities, and a picnic area. Conveniently located near shopping, dining, parks, walking and biking trails, and award-winning Saddleback Valley Unified schools. An excellent opportunity to personalize a well-sized home in a centrally located Rancho Santa Margarita neighborhood.

9 Ibiza, Rancho Santa Margarita

$699,000

2 Beds ⋅ 2 Baths ⋅ OC26177840 MLS ⋅ Active Status

Welcome to Corte Melina—where **resort-style living meets “I could definitely get used to this.” This beautifully upgraded tri-level home features 2 bedrooms, 2 bathrooms and a versatile flex space ready to become whatever your lifestyle calls for: a home office, movie room, man cave, she shed, workout space… or simply a place to hide all the stuff you swore you were going to organize. You will find brand-new luxury vinyl flooring and carpet, newly upgraded baths, and a smart layout that gives everyone a little breathing room. The spacious primary suite enjoys its own private upper level, while the second bedroom is conveniently located on the main floor. Soaring ceilings and a cozy gas fireplace give the living room a serious wow factor, while the **oversized double-wide balcony** is ready for morning coffee, sunset cocktails, or pretending you’re really good at keeping plants alive. You’ll also love the attached 1-car garage with storage, and fantastic community amenities including a **pool, spa, gym, and dog park.**. Within literal walking distance you will find Starbucks, Pavillians, 24 hour fitness, Trader Joe's, Target, See's Candy, Handels Ice Cream and RSM's famous wine and steakhouse, Hannas. AND plus all the perks of Rancho Santa Margarita—including **RSM Lake, the Beach Club, parks, playgrounds, community pools, and top-rated schools.**. Stylish, upgraded, conveniently walkable, and just the right amount of fun—this Corte Melina gem is ready for its next owner!

55 Via Cordoba, Rancho Santa Margarita

$998,000

4 Beds ⋅ 4 Baths ⋅ OC26175935 MLS ⋅ Active Status

Welcome to Tesoro Trails! Discover the largest floor plan in this highly desirable townhome community, offering an exceptional combination of space, thoughtful design, and stylish upgrades. This beautifully appointed residence features 4 bedrooms, 3.5 bathrooms, and an open-concept layout designed for comfortable everyday living and entertaining. The main living level showcases beautiful wood flooring, custom shutters, upgraded lighting, and abundant natural light. The spacious great-room-style living and dining area opens to a private balcony with views toward the community children's park. At the heart of the home is an impressive gourmet kitchen featuring a large center island, stone countertops, stainless steel appliances, rich wood cabinetry, and generous storage. Whether preparing a casual meal or entertaining guests, this kitchen provides plenty of workspace and functionality. A ground-level bedroom with a full bathroom and walk-in closet offers excellent flexibility for overnight guests, multigenerational living, or a dedicated home office. Upstairs, the spacious primary suite provides a relaxing retreat with a walk-in closet and an upgraded bathroom featuring dual sinks, stone countertops, and tile flooring. Additional bedrooms offer comfortable accommodations and good closet space, while the secondary bathroom includes dual sinks, stone counters, and attractive tile finishes. Convenience is built in with an interior laundry room located just off the kitchen. The attached two-car garage provides additional storage and is equipped with an electric vehicle charging station. Additional enhancements include ceiling fans, designer touches throughout, and a whole-house ventilation system. Residents can enjoy the community's inviting park and tot lot, along with a barbecue area and seating spaces. The location is particularly convenient, with nearby schools, shopping, dining, and easy access to the area's toll roads. A beautifully upgraded home, an excellent floor plan, and a prime Tesoro Trails location make this one worth seeing! Formally funished rental, furnishings are availalbe and can be included in sale.

10 Ibiza, Rancho Santa Margarita

$699,000

2 Beds ⋅ 2 Baths ⋅ OC26169002 MLS ⋅ Active Under Contract Status

Welcome to 73 Camino Del Oro, a beautifully appointed end-unit condo in the desirable Cabo Vista community of Rancho Santa Margarita. Offering direct-access garage entry and an abundance of natural light, this home showcases soaring ceilings, expansive windows, and breathtaking mountain views throughout. The open-concept floor plan is designed for comfortable living and effortless entertaining. The spacious family room features a cozy fireplace and flows seamlessly into the charming kitchen, complete with stainless steel appliances and a convenient inside laundry closet. Adjacent to the kitchen, the dining area opens to a private balcony—perfect for enjoying morning coffee or evening sunsets. The generous primary suite offers a peaceful retreat with a large walk-in closet and an en-suite bathroom featuring dual sinks. A versatile secondary bedroom/loft includes its own private bathroom and closet, providing ideal accommodations for guests, a home office, or additional living space. Residents enjoy access to exceptional community amenities including a pool, spa, playground and more. As part of SAMLARC, homeowners also enjoy year-round community events, beautiful parks and pools, and exclusive access to the Santa Margarita Lake Beach Club. Conveniently located near shopping, dining, hiking and biking trails, the 241 Toll Road, and award-winning schools, this is Southern California living at its finest.

73 Camino Del Oro, Rancho Santa Margarita

$1,099,000

4 Beds ⋅ 3 Baths ⋅ OC26093697 MLS ⋅ Active Status

Rare Lakefront View Property — Entertainer’s Paradise - A truly rare opportunity to own one of the few properties with a direct view of the beautiful RSM Lake. This exceptional detached condo offers a highly desirable location just steps from the lake, swimming lagoon, shops, restaurants, and the very best of Rancho Santa Margarita living. Beautifully upgraded throughout, the home features 3 bedrooms plus a basement that could easily serve as a 4th bedroom, office, gym, media room, or flexible living space. The interior is warm, elegant, and move-in ready, with rich dark wood floors throughout, upgraded baseboards, plantation shutters, custom paint, custom light fixtures, surround sound, and a welcoming fireplace. The kitchen has been thoughtfully enhanced with custom cabinetry, all-new stone countertops, and new stainless steel appliances, creating a refined and functional space for everyday living and entertaining. The bathrooms have also been tastefully upgraded, adding to the home’s polished, turnkey appeal. The spacious primary suite includes a walk-in closet, while additional conveniences include the refrigerator, washer and dryer, LeafFilter rain gutter system, new A/C installed in 2019, and storage cabinets in the garage. The backyard is a private and meticulous retreat, finished with elegant gray slate tile and a beautiful fountain—perfect for relaxing, dining outdoors, or entertaining guests. With its rare lake-view setting, upgraded interior, flexible floor plan, and walkable lifestyle location, this is a truly special property offering comfort, style, and convenience in one of Rancho Santa Margarita’s most desirable settings. Property is considered a detached condo.

237 Montana del Lago Drive, Rancho Santa Margarita

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.