Condo
Listing Agent: Ryan Argue (DRE #01892077) · Listing Office: Plan A Real Estate · Contact: ryan@planArealestate.com · Bought with: Shawn Mohtashem · HomeSmart, Evergreen Realty · MLS #OC26132397 · Source: CRMLS
16 Buckthorn sold for $620,000 in August 2026, 4.6% under its $650,000 list price, after 26 days on the market. That works out to $670 per square foot on 926 square feet. Across 226 closed sales in 92688 over the last 12 months, the median sold price is $925,000 and the median is $636 per square foot, 5.1% below this sale's $670. 2-bedroom rentals in 92688 currently list at a median of $3,100 a month (13 listings).
| Quarter | Closed sales in 92688 | Median sold price |
|---|---|---|
| Q1 2026 | 19 | $891,000 |
| Q2 2026 | 85 | $1,010,000 |
| Q3 2026 | 107 | $860,000 |
| Q4 2026 | 15 | $920,000 |
Figures are MLS-reported closed sales (CRMLS); ZIP medians cover the last 12 months. Nalren does not estimate values. Recently sold in Rancho Santa Margarita · Homes for sale in 92688
Welcome to this beautifully maintained 2-bedroom, 2.5-bath townhome ideally located just steps from the scenic Rancho Santa Margarita Lake. This light-filled home offers the privacy of having no neighbors above or below, creating the feel of a detached residence. A 1 car detached garage is ideal for parking and providing lots of storage! The inviting floor plan features wood laminate flooring throughout the main living areas, complemented by plush carpeting upstairs for added comfort. Abundant windows fill the home with natural light, creating a bright and airy atmosphere throughout. The spacious living and dining areas flow seamlessly, making the home perfect for both everyday living and entertaining. Upstairs, you'll find two generously sized bedrooms, each with its own en-suite bathroom, while a convenient powder room is located on the main level for guests. Step outside to your private patio—an ideal space for morning coffee, outdoor dining, or simply relaxing in a peaceful setting. Enjoy an unbeatable location just moments from the lake, walking trails, parks, shopping, dining, and all the amenities that make Rancho Santa Margarita one of Orange County's most desirable communities. This exceptional townhome offers comfort, privacy, and a lifestyle you'll love. Access to Rancho Santa Margarita's master-planned community amenities like the beach club, lake, tennis courts, water park, trails, and much more are included with your HOA dues. No Mello Roos! Tax rate is about 1.01%!
Listing description from the August 2026 sale, as reported to CRMLS.
Closed sales reported in 92688, nearest first, last 12 months. All recent sales in Rancho Santa Margarita →