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116 Mira Mesa, Rancho Santa Margarita, CA 92688

$855K2bd · 3ba · 1,514 sqft
Lot 71,757 sqft•HOA $550/mo•Townhouse•
Active
•47d on market•MLS# OC-26187042

Property Description

Location, Location! Located in the hills of Melinda Heights this home is beautiful and spacious. Tons of natural light and soaring ceilings. Option to easily add a third bedroom - loft. This kitchen is open to both the breakfast area and formal dining room and living room. This spectacular chefs kitchen boasts new appliances, Beautiful granite counters and is light and bright. There is an indoor laundry room and tons of storage throughout this beautiful home. The large living area has a fireplace and opens to the secret garden backyard, perfect for relaxing after a long day or a family barbeque. At the top of the stairs you will find a perfect area for a desk or study. The largest bedroom has his and her closets, dual sinks, large soaking tub and separate shower. The oversized two car garage has direct access to your new home. Award winning Melinda Heights elementary is just across the street. Community amenities include a pool, spa and jacuzzi. Residents enjoy access to all of Samlarc's amenities as well, including the beach club, tennis courts and much more.

Features & Amenities

FeeBuilt 1992

Property Details

Land Type
Fee
Year Built
1992
Property Type
Residential
Property Subtype
Townhouse
Parking Spaces
2
Garage Spaces
2
Cooling
Central Air
View
None
City
Rancho Santa Margarita
Zip Code
92688
County
Orange
Listed byPrimary Capital, Jill Dalby

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$4,322.84
Principal & Interest
Loan Amount
$683,920
Total Interest
$872,302
Total Payment Over 30 Years
$1,556,222
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Residential Tier · 5 active · 5 closed

116 Mira Mesa, Rancho Santa Margarita, CA 92688

Rancho Santa Margarita · Townhouse

$855K
Residential Tier
Beds
2
Baths
3
Sqft
1,514
Lot
1.65 ac
Year
1992
$/Sqft
$565
Pool: Yes✓
Spa: Yes✓
View: None✓
Garage: 2-car✓

Listed 6.6% below the median closed sale of $915,000. Closed comps sold at 102% of list — strong seller's market.

Price Position

Priced below the market — value advantage over the field.

Price advantage
Subject listed at $855K· $565/sqft
Total list price
Closed comps
vs closed median $915K
−$60K (−6.6%)
Active comps
vs active median $850K
+$5K (+0.6%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $600
−$35 (−5.8%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
25 Via ViciniRancho Santa Margarita1998231,32951,753$624$829,0009783
31 Calle MelindaRancho Santa Margarita1986331,75858,934$654$1.15M881
47 Via MaderaRancho Santa Margarita1992331,49925,353$567$849,8003980
258 Pasto RicoRancho Santa Margarita1989231,209106,678$578$699,0004478
147 Mira MesaRancho Santa Margarita1992331,5144,339$575$869,9002776
Total: 5 · Average2.63.01,461.849,411.4$599.6$879,54043
Median1,499$849,800

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
6 ColibriRancho Santa Margarita199008/31/2026231,53183,138$890,000$915,000$5981.033989
26 Montana del LagoRancho Santa Margarita199006/30/2026231,44052,296$739,000$737,000$5121.0013985
16 CuervoRancho Santa Margarita199106/22/2026231,40899,215$894,000$965,000$6851.085284
69 FuenteRancho Santa Margarita198907/24/2026331,6780$1.02M$1.01M$6050.997083
229 SeacountryRancho Santa Margarita199808/28/2026331,541116,810$860,000$860,000$5581.0023579
Total: 5 · Average2.43.01,519.687,864.75$898,400$898,400$591.6—107
Median1,531$915,000$915,000

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.