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147 Mira Mesa, Rancho Santa Margarita, CA 92688

$870K3bd · 3ba · 1,514 sqft
Lot 4,339 sqft•HOA $550/mo•Townhouse•
Active
•27d on market•MLS# OC-26200890

Property Description

Welcome to 147 Mira Mesa, a beautifully appointed home located in the desirable Melinda Heights community of Rancho Santa Margarita. Offering approximately 1,514 square feet of comfortable living space, this thoughtfully designed residence features two bedrooms, a spacious loft, 2.5 bathrooms, inside laundry, and an attached garage with numerous upgrades. The inviting main living area offers a comfortable setting for relaxing and entertaining. The kitchen features soft-close cabinetry and updated appliances, including a new refrigerator and microwave. Upstairs, the open loft provides valuable additional living space and is ideal for a home office, playroom, study area, fitness space, or media room. Both bedrooms offer privacy and comfort, while the conveniently located indoor laundry area includes a new washer and dryer. Smart-home and energy-conscious upgrades add everyday convenience. The home features a Nest thermostat, a whole-house attic fan that can help reduce air-conditioning use, a smart front-door lock, and a new Alexa-compatible ceiling fan in the guest bedroom. New magnetic motion-sensor lights along the staircase provide added illumination, while soft-close toilet seats have been installed in the downstairs and guest bathrooms. Step outside to a private, low-maintenance backyard—an inviting space for outdoor dining, gardening, or relaxing in the Southern California sunshine. Established peach and lemon trees add charm and the opportunity to enjoy homegrown fruit. The garage is equally well equipped, featuring durable epoxy flooring and already-installed overhead storage racks that help maximize organization and usable space. Melinda Heights is known for its scenic setting, neighborhood parks, recreational amenities, and access to walking and biking trails. The home is conveniently located near Melinda Heights Elementary School, Altisima Park, and the Altisima community pool, which features a Junior Olympic-sized pool, a shallow wading pool, and beautiful views toward the Saddleback Mountains. Rancho Santa Margarita offers an exceptional outdoor-oriented lifestyle with numerous parks, sports courts, pools, open spaces, and recreational trails. Residents can enjoy the popular 1.1-mile walking path around Lago Santa Margarita, the Beach Club and swim lagoon, community events, and nearby O’Neill Regional Park. Shopping, restaurants, everyday services, and the city’s vibrant Town Center are also just minutes away.

Features & Amenities

FeeBuilt 1992

Property Details

Land Type
Fee
Year Built
1992
Property Type
Residential
Property Subtype
Townhouse
Parking Spaces
4
Garage Spaces
2
Heating
Forced Air
Cooling
Central Air, Whole House Fan
View
None
Flooring
Vinyl, Laminate
Roof
Tile, Concrete
City
Rancho Santa Margarita
Zip Code
92688
County
Orange
Listed byLandmark Realtors, Andy Galfi

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$4,398.69
Principal & Interest
Loan Amount
$695,920
Total Interest
$887,608
Total Payment Over 30 Years
$1,583,528
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

147 Mira Mesa, Rancho Santa Margarita, CA 92688

Rancho Santa Margarita · Townhouse

$870K
Residential Tier
Beds
3
Baths
3
Sqft
1,514
Lot
4,339 sqft
Year
1992
$/Sqft
$575
Pool: Yes✓
Spa: Yes✓
View: None✓
Garage: 2-car✓

Listed 10.8% below the median closed sale of $975,000. Closed comps sold at 100% of list — strong seller's market.

Price Position

Priced below the market — value advantage over the field.

Price advantage
Subject listed at $870K· $575/sqft
Total list price
Closed comps
vs closed median $975K
−$105K (−10.8%)
Active comps
vs active median $880K
−$10K (−1.1%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $635
−$60 (−9.5%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
45 Via ViciniRancho Santa Margarita1998331,4291,000$665$949,7002184
44 PinzonRancho Santa Margarita1989431,6893,241$586$989,0001683
41 Via LamparaRancho Santa Margarita1991331,407122,420$625$880,00013780
47 Via MaderaRancho Santa Margarita1992331,49925,353$567$849,8004079
60 Seacountry LaneRancho Santa Margarita1997321,1600$733$850,0009679
Total: 5 · Average3.22.81,436.838,003.5$635.2$903,70062
Median1,429$880,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
69 FuenteRancho Santa Margarita198907/24/2026331,6780$1.02M$1.01M$6050.997088
147 EncantadoRancho Santa Margarita199105/26/2026331,7434,090$975,000$975,000$5591.006087
41 PinzonRancho Santa Margarita198906/15/2026331,4872,500$939,000$945,000$6361.015486
15 Calle FrancescaRancho Santa Margarita198607/06/2026331,8600$1.00M$1.01M$5421.015882
10 ButtercupRancho Santa Margarita198608/12/2026331,4231,500$885,000$898,000$6311.015481
Total: 5 · Average3.03.01,638.22,696.667$968,350$968,350$594.6—59.2
Median1,678$975,000$975,000

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.