Single-family home · 2 recorded sales since 2019
Listing Agent: Terry Matheus (DRE #01014792) · Listing Office: Regency Real Estate Brokers · Contact: 949-295-5105 · Bought with: Reza Lashkari · Real Broker · MLS #OC26168378 · Source: CRMLS
40 San Mateo sold for $1,500,000 in September 2026, at its full list price, after 9 days on the market. That works out to $610 per square foot on 2,459 square feet. Across 214 closed sales in 92688 over the last 12 months, the median sold price is $925,000 and the median is $637 per square foot, 4.4% above this sale's $610. 4-bedroom rentals in 92688 currently list at a median of $5,125 a month (6 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 | 3 | $685,000 |
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
Beautifully upgraded Home Located on a quiet, single-loaded cul-de-sac street with Mountain City Views! This beautifully maintained and currently being transformed residence offers an exceptional opportunity in one of Rancho Santa Margarita's most sought-after neighborhoods. Enjoy the sense of Community that the Arroyo Vista/Oaks neighborhood provides, complete with its own private neighborhood park featuring a private POOL and SPA area, a large grass and garden area with tables for dining while you enjoy the views, and a tot lot, all located 1 Block from home. This spacious home features 4 bedrooms plus a large BONUS ROOM, including a convenient main-floor bedroom with direct access to a full bathroom, making it ideal for guests, multi-generational living, or a private office setup. The interior is currently undergoing a thoughtful refresh and will showcase a bright, modern, and move-in-ready feel upon completion offering SOLAR and a total home re-pipe in 2022. The Kitchen was remodeled with granite counters and stainless steel appliances, overlooking the Family Room, showcased with a Custom Built-in Entertainment Center and Fireplace with access to the Large Entertaining Backyard with Mountain Views. Inside, a Separate Laundry Room with access to the 3-car garage offers additional storage. Upstairs, escape to the beautifully remodeled primary ensuite designed for comfort and relaxation. The spacious primary bedroom features vaulted ceilings creating an airy open feel and a private balcony, the perfect retreat to unwind while enjoying the views. The luxurious primary bath includes a separate soaking tub and water closet, while the generous walk-in closet is conveniently located within the dressing area, providing exceptional storage and functionality. Every detail of this home comes together to create a serene and inviting sanctuary at the end of the day.
Listing description from the September 2026 sale, as reported to CRMLS.
Closed sales reported in 92688, nearest first, last 12 months. All recent sales in Rancho Santa Margarita →