
Rancho Santa Margarita, California 92688
This Stunning Move-In Ready Home represents a Strong Value Opportunity, listed at $1,500,000—positioned well below the $1,537,070 Fair Market Value by 2%. This valuation gap offers $37,070 in Instant Equity. Featuring a Main-Floor Primary Suite, a 2024 remodeled bath, and a Granite Kitchen, the property maintains a Good Condition Rating. Located in the Saddleback Valley Unified district near top-rated schools, this residence offers a premium lifestyle for Owner-Occupants and growing families seeking long-term stability.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7 Via Berrendo Subject | $1,500,000* List Price | 5 | 3 | 3,003 | $512 | - |
A 5 Via Anta Sold | $1,490,000 | 4 | 3 | 3,003 | $496 | 0.2 mi |
B 19 La Purisima Sold | $1,521,250 | 4 | 3 | 2,712 | $561 | 0.3 mi |
C 6 Las Pisadas Sold | $1,885,000 | 5 | 4 | 3,500 | $539 | 0.0 mi |
D 29 Feldspar Sold | $1,383,000 | 4 | 3 | 2,545 | $543 | 0.2 mi |
E 9 El Morro Sold | $1,360,000 | 5 | 3 | 2,301 | $591 | 0.4 mi |
F 31 Via Silla Sold | $1,320,000 | 4 | 3 | 2,500 | $528 | 0.1 mi |
G 5 San Gabriel Sold | $1,425,000 | 4 | 3 | 2,400 | $594 | 0.4 mi |
H 27 Feldspar Way Sold | $1,333,000 | 6 | 3 | 2,287 | $583 | 0.2 mi |
I 14 Anglesite Pending | $1,325,000 List Price | 5 | 3 | 2,545 | $521 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1997 (27 years old), the property is exceptionally well-maintained and move-in ready. It features a full bathroom remodel completed in 2024 and a kitchen updated with granite countertops and stainless steel appliances. While the oak cabinetry is dated, the overall condition and recent key updates align with the 'Good' criteria for functional, well-maintained homes.
The rare main-level primary suite provides exceptional accessibility and convenience, a highly desirable feature for multi-generational living or long-term residency.
Boasting one of the largest floor plans in Melinda Heights at 3,003 sqft, the home features soaring cathedral ceilings and a massive bonus room that easily adapts to a fifth bedroom or media center.
Residents benefit from the extensive SAMLARC association, offering access to 13 parks, 4 pools, and the exclusive Beach Club Lagoon, significantly enhancing the lifestyle value.
While the rear slope provides privacy, the property lacks the panoramic or territorial views often sought after in premium Rancho Santa Margarita neighborhoods.
For a large five-bedroom residence exceeding 3,000 square feet, the 2.5 to 3 bathroom count may be a limitation for larger families or high-occupancy needs.
At 3,003 square feet, one of the largest floor plans in Melinda Heights — and one of Rancho Santa Margarita's most prestigious and coveted communities. This beautifully prepared 5-bedroom, 2.5-bath home sits on a quiet cul-de-sac and delivers the floor plan buyers search for: primary suite on the main level. The first impression sets the tone — elegant columns, rich brick detailing, a stately palm, manicured lawn, and a deep three-car driveway frame a covered front porch that invites you to linger before you even step inside. Through the front door, the foyer opens to soaring cathedral ceilings with recessed lighting and a vast, flowing living and dining room that announces immediately — this is a home that lives larger than its address. Move deeper and the space transforms again: the kitchen, breakfast nook, and family room unfold together into one expansive connected gathering place — granite countertops, large island, pantry, a gas fireplace anchoring the family room, and a door that invites you to the backyard where a motorized awning casts shade over your afternoon, new side fencing frames the space, and a natural slope rising behind creates a seclusion that feels designed just for you. Back inside, the main-floor primary suite is a true sanctuary — spacious and serene, with a large soaking tub, oversized marble double-sink vanity, a beautifully appointed shower, and a walk-in closet that impresses. Upstairs, three well-appointed bedrooms share a full bath remodeled in 2024, alongside a massive bonus room with built-in desk and cabinetry that transforms effortlessly from private office to game room, media room, or fifth bedroom. As a SAMLARC member, you have access to 13 parks, 4 pools, a Beach Club Lagoon and a variety of events and programs that enrich the “Lifestyle Village” experience. This is the one.
No exterior & parking available.
Grades K-6 • 0.5 mi
Grades 7-8 • 1.6 mi
Grades 9-12 • 2.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 4.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 3,003 | 2,093 |
| Lot Size | 5,700 | 5,515 |
| Price | $1.50M | $1.34M |
| Price per sq ft | $500 | $636 |
| Built year | 1997 | 1995 |
| HOA | $152.0 | $140 |
| Days on market | 13 | 50 |
Jul 9, 2026
$1,500,000
Initial Listing
Jan 27, 2020
$897,000
Public Record
Mar 4, 2009
$715,000
Public Record
Apr 15, 1997
$265,000
Public Record