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Among the many beautiful homes in Orange County, few offer the lifestyle and remarkable value for the money you’ll find here in the heart of family-friendly Rancho Santa Margarita. This spacious, light-filled home sits on a generously sized lot in the much sought-after Melinda Heights neighborhood with no homes behind you to block the view. Enjoy more than 1800 sq.ft. of gracious, comfortable living: downstairs, an open flow with soaring ceilings, high windows, room for both casual and formal dining, fireplace, stainless steel appliances (new dishwasher and convection wall oven), recessed lighting, laundry room w/sink & plenty of storage, and fresh paint throughout. Upstairs you’ll find high-end carpeting in the bright and beautiful bedrooms, all closets with custom built-ins, and a view of the mountains in the distance. Outdoor life begins at home in the large, green back yard (enclosed with renewed fencing and new gate), perfect for entertaining and relaxing beneath the retractable Sunbrella awning. It is but a short walk to Solana Park, and only a few minutes to Lago Santa Margarita, an 11-acre lake with year-round activities. You’ll have access to the private Beach Club Lagoon and 4 other pools (with wader pools for your little ones). Miles of walking trails, tennis courts, award-winning schools, and plenty of shopping and dining choices promise convenience and enjoyment for the whole family. An amazing opportunity, especially for first time buyers. NO Mello Roos!
Listing agent: Tami Masek DRE #02031326 tami@tamimasek.com, Listing office: Seven Gables Real Estate
MLS data updated 10/30/2026, 1:57:15 PM PT
Source: CRMLS, MLS #: OC20039728
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Apr 14, 2020
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
No recordNo property-price record in this range.ZIP 92688 · Oct 2026
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.No recorded sales in this range. Select All available for older records; missing records do not mean the home never sold.
ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.