
Rancho Santa Margarita, California 92688
This Stunning Detached Sanctuary provides the privacy of a single-family residence within the prestigious Melinda Heights community. Listed at $1,249,000, the pricing reflects the home's premium upgrades and proximity to its $1,192,977 Fair Market Value. Boasting a Move-in Ready Condition Rating, the interior features a renovated kitchen with quartz countertops and panoramic hillside views. With immediate access to Top-Rated Schools and SAMLARC resort amenities, this residence is an ideal match for growing families or Owner-Occupants seeking a polished, lifestyle-centric home.
Property is move-in ready.
The property is move-in ready and features a recently renovated kitchen with modern grey shaker-style cabinetry, white quartz countertops, a subway tile backsplash, and stainless steel appliances, including a wine cooler. While the home was built in 1997, the main living areas have been updated with contemporary wood-look tile flooring and modern light fixtures. The bedrooms and stairs feature well-maintained neutral carpeting, and the overall condition shows minimal wear and tear, fitting the criteria for a well-maintained home with significant updates.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 78593, living area = 1600.
The property features breathtaking panoramic views of the surrounding hills, offering a serene sanctuary with stunning sunrises and sunsets from the backyard.
Despite its condo zoning, this is a fully detached residence with no adjoining walls, providing the privacy and lifestyle of a traditional single-family home.
The property is legally zoned as a condo, which may affect certain financing options and buyer perceptions compared to fee-simple single-family residences.
At approximately $780 per square foot, the property is priced at a premium for its 1,600-square-foot size, which may be a hurdle for buyers seeking more interior space for the investment.
STUNNING VIEW! This incredible home inside and out and it’s serene surroundings is a sanctuary of serenity & tranquility. Enjoy the ENTERTAINING BACKYARD with SPECTACULAR sunrises and sunsets along the hillsides & take in the peaceful nature that surrounds you. Don't let the zoning as a condo fool you! This DETACHED - no adjoining walls FAMILY residence lives like a single family street in every way! The 3 bedroom PLUS office/playroom, 2.5 bath home and UPDATED KITCHEN is welcoming to all. This home is move in ready and a must see. Located in the desirable community of Melinda Heights, this home is just moments away from playgrounds, pools & parks along with hiking & biking in O'Neill Regional Park. The Highly rated Melinda Heights Elementary school is just a short walk away. SAMLARC amenities include Beach Club, Basketball courts, Clubhouses, Parks, Tennis courts, pickleball courts, Picnic shelters, Pools, Trails, Lake Lago Santa Margarita. With Close access to the 241 you will be minutes away from multiple shopping plazas, Dining, Irvine Spectrum, Mission Viejo Mall, Costco and so much more.
No exterior & parking available.
Grades K-6 • 0.8 mi
Grades K-6 • 1.5 mi
Grades 7-8 • 1.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 47% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,600 | 1,976.5 | 24% |
| Lot Size | 78,593 | 4,459 | 99% |
| Price | $1.20M | $1.23M | 43% |
| Price per sq ft | $749 | $642 | 88% |
| Built year | 1997 | 1994 | 66% |
| HOA | $143.0 | $91 | 72% |
| Days on market | 37 | 149 | 2% |
Apr 15, 2026
$1,199,000
$1,249,000
-4% Price Drop
Initial Listing
Mar 16, 2026
$1,249,000
Initial Listing
Nov 24, 1997
$198,500
Public Record