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If heaven was a house, this would be it! Your new home dream has become a reality as 48 el morro hits the market with more upgrades than can be described! This 4 bedroom ***plus a huge loft upstairs offers almost 2,300 square feet of living space and improvements galore! Nestled in the hillside community of melinda hieghts in rancho santa margarita, 48 el morro is located on a quiet cul-de-sac with panoramic views too! Offering 1 bedroom down stairs plus a full bath, the main floor continues to impress with plantation shutters, granite counters, crown molding and that's just the tip of the iceberg! Recessed lighting throughout helps accentuate the natural light against modern colors inside. Wood floors upstairs are spectacular while the bonus room was an optional 5th or 6 bedroom combination. Wired stereo inside also make the home a hit for entertaining! Like a big master? Look no further! Plenty of room for large bedroom furniture and panoramic views of the canyon are also nice features. Ceiling fans throughout the home are also nice additions. Outside you'll enjoy a private koi pond and a babbling brook in the back yard. A private fireplace and custom landscaping are nice appointments to the home too. With access to the samlarc and the pools, tennis courts and beach club, 48 el morro is your new home destination. Great schools? Melinda heights elementary is a blue ribbon and highly accredited school just minutes from your home! This home has it all!
Listing agent: Ryan Argue DRE #01892077 ryanargue@firstteam.com, Listing office: First Team Real Estate
MLS data updated 11/4/2026, 12:56:02 AM PT
Source: CRMLS, MLS #: OC16715128
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Oct 24, 2016
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 · Nov 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.