View From Balcony! Amazing!
1 / 48

31 Calle Melinda, Rancho Santa Margarita, CA 92688

$1.15M3bd · 3ba · 1,758 sqft
Lot 58,934 sqft•HOA $840/mo•Townhouse•
Active
•11d on market•MLS# OC-26215198

Property Description

******Charming LAKE FRONT HOME at Lake Rancho Santa Margarita! Sellers Are Motivated And The Price Is Amazing For a Lake Front Location! Seriously Don't Wait To Check It Out! This Townhome Has 3 Bedrooms and 2.5 Baths (1,758 Square Feet). Besides The Great Location, Buyers Will Enjoy The Serene Surroundings In This Exclusive Neighborhood! It's Like You Are Living In a Resort Area! Enjoy The Beautiful Trees! This Home Has Direct Access 2-Car Garage, and a Spacious Driveway! Going for a walk around the Lake is effortless! just unlock Your Backyard Gate, Take a Few Steps And You're There! The Quiet Backyard is Lovely and a Great Place To Relax and Enjoy The View! Kitchen Can Accommodate Two Chefs Cooking Delicious Foods Simultaneously! New Range Hood in The Kitchen and Fresh Paint Throughout! Warm and Elegant Vinyl Flooring Throughout! Here Are Some Other Added Improvements: New Top Quality "PELLA" Windows, New Air Ducts As Well As New Attic Insulation. Fully Remodeled Master Bath With QUARTZ Countertop! and a Soaking Tub, a Light Up/ Anti Fog Bathroom Mirror just to name a few! Updated Garage With a Beautiful Brand New Sectional Garage Door & Epoxy Garage Flooring. Added Safety With a Smart Lock (on Front Door), New Modern Toilet w/Bidet in Powder Room Downstairs. The Balcony Upstairs Off the Master Suite Is The Best Place To Relax, Unwind and Enjoy the Gorgeous Views! Just a Few Steps Down Your Street You'll Find the Community Pool and SPA Waiting For You! On The Fourth of July Your Family and Friends Will Be Thrilled When Watching The Amazing Fireworks From The Backyard or The Balcony! Good Schools Are Nearby Too and So Are The Shops and Parks, Restaurants and the Beach Club!!!

Features & Amenities

FeeBuilt 1986

Property Details

Land Type
Fee
Year Built
1986
Property Type
Residential
Property Subtype
Townhouse
Parking Spaces
2
Garage Spaces
2
Heating
Central, Forced Air
Cooling
Central Air, Electric
View
City Lights, Lake, Panoramic, Trees/Woods
Flooring
Vinyl
Roof
Spanish Tile
City
Rancho Santa Margarita
Zip Code
92688
County
Orange
Listed byUnknown Office, Elias Klaeb

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$5,815.03
Principal & Interest
Loan Amount
$920,000
Total Interest
$1,173,409
Total Payment Over 30 Years
$2,093,409
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

31 Calle Melinda, Rancho Santa Margarita, CA 92688

Rancho Santa Margarita · Townhouse

$1.15M
Residential Tier
Beds
3
Baths
3
Sqft
1,758
Lot
1.35 ac
Year
1986
$/Sqft
$654
Pool: Yes✓
Spa: Yes✓
View: city✓
Garage: 2-car✓

Listed 25.7% above the median closed sale of $915,000. Price per sqft ($654) is a 16% premium to closed comps ($566).

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $1.15M· $654/sqft
Total list price
Closed comps
vs closed median $915K
+$235K (+25.7%)
Active comps
vs active median $870K
+$280K (+32.2%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $584
+$70 (+12.1%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
116 Mira MesaRancho Santa Margarita1992231,51471,757$565$854,9004772
47 Via MaderaRancho Santa Margarita1992331,49925,353$567$849,8004070
41 Via LamparaRancho Santa Margarita1991331,407122,420$625$880,00013866
147 Mira MesaRancho Santa Margarita1992331,5144,339$575$869,9002866
44 PinzonRancho Santa Margarita1989431,6893,241$586$989,0001666
Total: 5 · Average3.03.01,524.645,422$583.6$888,72053.8
Median1,514$869,900

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
15 Calle FrancescaRancho Santa Margarita198607/06/2026331,8600$1.00M$1.01M$5421.015877
69 FuenteRancho Santa Margarita198907/24/2026331,6780$1.02M$1.01M$6050.997077
79 Tierra MontanosaRancho Santa Margarita199408/06/2026331,55117,217$875,000$825,000$5320.947176
26 Montana del LagoRancho Santa Margarita199006/30/2026231,44052,296$739,000$737,000$5121.0013975
43 Tierra SeguroRancho Santa Margarita199506/25/2026331,4279,086$915,000$915,000$6411.004072
Total: 5 · Average2.83.01,591.226,199.667$900,150$900,150$566.4—75.6
Median1,551$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.