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One of El Encanto's most coveted lots & former model home hits the market for the first time in over 25 yrs. 2903 Penedes is a 3 bedroom (4th bedroom is currently being used as an office), 3 bath, 2900+ sq ft, 2 story pool home, situated on a private 8000+ sq ft lot at the end of the cul-de-sac. True pride of ownership shows from the moment you step foot onto the 3 car garage driveway & all throughout the home. A manicured lawn, trimmed landscaping, hardscaped pavers in the driveway, stacked stone along the exterior garage walls & a brick entry walkway are just the start to this charming home. Mostly kept in its original condition, the owners have opted to upgrade almost every major system including a newer HVAC, water heater, recently updated kitchen w/ newer upper & lower cabinets w/ granite countertops, a Sunrun solar system to keep electricity bills low & brand new vinyl fencing along the side yards. This floor plan features vaulted ceilings, a step down formal living room w/ a gas fireplace, a formal dining area engulfed in real wood herringbone pattern flooring & a winding broad staircase leading to the second floor. The open kitchen, located towards the rear, is accented w/ stainless steel appliances (dishwasher, refrigerator, oven and built-in microwave), a center island w/ built-in gas range & bar seating for two & a picturesque garden window overlooking the lush side yard greenbelt. A quaint breakfast nook off the side of the kitchen is where many of life's questions were pondered while staring out at the gorgeous San Clemente weather. Adjacent to the kitchen is a den area flanked by a wall of windows that lets tons of natural light pour in along w/ a fireplace & doorway to access the entertainer's backyard. The sizeable downstairs master suite features a double door entrance, 3 closets (2 of them with mirrored closet doors), plantation shutters on the rear windows, carpeted flooring, a ceiling fan & another private door to the backyard. And just steps away is the master bath w/ its separate shower & tub in pristine condition, wall length dual sink vanity & vinyl flooring. Upstairs you have 3 additional bedrooms, each w/ their own ceiling fan & access to a hallway bathroom w/ dual sink vanity & shower over tub enclosure. But the show stopper is the backyard! Tons of space & privacy all the way around, a gorgeous pool & no one behind you. This homes is a true gem waiting for its next owner to enjoy the good life of Forster Ranch, San Clemente.
Listing agent: William Soto DRE #01328793 william.soto@redfin.com, Listing office: Redfin
MLS data updated 10/22/2026, 4:07:41 PM PT
Source: CRMLS, MLS #: OC21201099
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Dec 14, 2021
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This home · nearest recorded event
$1,535,000Closed sale · Dec 14, 2021ZIP 92673 · Dec 2021
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
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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.
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MLS records may be incomplete. Earlier asking prices are not sale prices.