1Bd 1Ba $1340. Within the spectacular setting of Rancho Santa Margarita, in the shadow of Saddleback Mountain, lies eaves Santa Margarita. Here you will find the ultimate blend of comfort and convenience in the area's most luxurious apartment home community. eaves Santa Margarita offers residents a wealth of amenities, custom designed for the Rancho Margarita lifestyle. To learn more please email Leasing with eaves Santa Margarita or call at (714) 769-6409.