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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.
Listing agent: Andy Galfi DRE #01483931 andygalfi@galfihomes.com, Listing office: Landmark Realtors
MLS data updated 10/16/2026, 10:01:28 PM PT
Source: CRMLS, MLS #: OC26200890
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Oct 3, 2026
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
$869,900Asking price recorded · Oct 3, 2026ZIP 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.