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Closed
- Listed price
- $899,990
- Listed Feb 28, 2022 · $485/sq ft
- Sold price
- $1,000,000
- Sold Apr 18, 2022
3 beds|3 ba|1,857 sqft00|1997 Built|3 MLS days on market
7 Palacio, Rancho Santa Margarita, CA 92688
Property Description
A 3 bd 2.5ba 1857sf home in the desirable Melinda Heights, RSM is coming soon. Zoned condo but you would never know-it lives like a detached SFR, this home will go fast! Natural sunshine fills the soaring ceiling in the living room & dining room. Open concept kitchen is spacious, has a breakfast nook, & is adjacent to a large family room w fireplace. French doors lead to the backyard that had a grassy area w automatic sprinkler system, and a stamped concrete patio. Spacious master and private Master Bath w dual sink vanity, soaking tub, separate shower, and a mirrored walk-in closet. Two additional big rooms upstairs, and a secondary full bath. Home has many original features, and is ready for the right buyer to make it their own. Located in an adorable neighborhood, ideally located walking distance to highly rated Melinda Heights Elementary school, parks, pool, tennis, Pickleball & basketball courts, as well as baseball & soccer fields. RSM has 4 Jr. olympic sized pools, (2 of which are heated all year long) a lake, and a "beach club" which has a resort-like lagoon with beach entry for swimming.
Listing agent: Marisa WhitakerDRE #01911865Marisa@BrentandMarisa.com, Listing office: Regency Real Estate Brokers
MLS data updated 11/2/2026, 7:06:45 AM PT
Source: CRMLSMLS #: OC22038524
Belmont insights
Price & property history
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Last recorded sale$1,000,000
Apr 18, 2022
Available records22022
From MLS recordsActual listing and closing events
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
$1,000,000Closed sale · Apr 18, 2022ZIP 92688 · Apr 2022
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.This home · 2 price recordsFeb 28, 2022 – Apr 18, 2022
ZIP 92688 · same property typeLoading eligible closed sales…
Freddie Mac · national weekly ratesLoading mortgage-rate history…
Recorded sales in this period (1)
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.
View listing & sale records
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.