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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
•68d 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: No✓
Spa: Yes✓
View: None✓
Garage: 2-car✓

Listed 3.0% above the median closed sale of $830,000.

Price Position

Aligned with the market — fair pricing for the comps.

At market
Subject listed at $855K· $565/sqft
Total list price
Closed comps
vs closed median $830K
+$25K (+3.0%)
Active comps
vs active median $850K
+$5K (+0.6%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $599
−$34 (−5.6%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
47 Via MaderaRancho Santa Margarita1992331,49925,353$567$849,8006079
91 SiennaMission Viejo2000221,36989,397$570$780,0003376
25 Via ViciniRancho Santa Margarita1998231,32951,753$624$829,00011874
21954 BarbadosMission Viejo1989331,5430$602$929,000671
45 Via ViciniRancho Santa Margarita1998331,4291,000$630$899,7004267
Total: 5 · Average2.62.81,433.841,875.75$598.6$857,50051.8
Median1,429$849,800

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
46 Tierra MontanosaRancho Santa Margarita199706/17/2026231,24129,634$790,000$790,000$6371.006980
43 Tierra SeguroRancho Santa Margarita199506/25/2026331,4279,086$915,000$915,000$6411.004180
26 Montana del LagoRancho Santa Margarita199006/30/2026231,44052,296$739,000$737,000$5121.0014074
200 WinterbrookLake Forest202206/08/2026231,4530$855,000$850,000$5850.999572
122 Valley View TerraceMission Viejo199312/05/2025231,3520$850,000$830,000$6140.984472
Total: 5 · Average2.23.01,382.630,338.667$824,400$824,400$597.8—77.8
Median1,427$830,000$830,000

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.