116 Mira Mesa, Rancho Santa Margarita, California 92688, Rancho Santa Margarita, - bed, bath

home-pic
ACTIVE$849,500
116 Mira Mesa, Rancho Santa Margarita, California 92688
2Beds
3Baths
1,570Sqft
71,757Lot
Year Built
1992
Close
-
List price
$850K
Original List price
$850K
Price/Sqft
-
HOA
$514
Days on market
-
Sold On
-
MLS number
OC25153584
Home ConditionFair
Features
Patio
View-

About this home

FHA AND VA APPROVED! Located in the Hills of Melinda Heights this home is beautiful and spacious. Two primary suites and 2.5 baths with a large yard, two car garage and a driveway. This home has tons of natural light and soaring ceilings. The third bedroom or loft can be easily added. The kitchen is open to both the breakfast area and the formal dining room and living room. There is an indoor laundry room and this house has tons of storage. The large living area has a beautiful fireplace and opens to your secret garden back yard which is perfect for relaxing after a long day or a family barbeque. At the top of the stairs you will find a perfect area for a desk or study area. The largest bedroom has his and her closets, dual sinks, large soaking tub and separate shower. The oversized two car garage has direct access to your new home. Award winning Melinda Heights elementary is just across the street. Community amenities include a pool, spa and jacuzzi. Residents enjoy access to all of Samlarc's amenities as well, including the beach club, tennis courts and much more.

Nearby schools

8/10
Melinda Heights Elementary School
Public,K-60.4mi
7/10
Rancho Santa Margarita Intermediate School
Public,7-81.6mi
8/10
Trabuco Hills High School
Public,9-122.3mi
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (30 Listings)
Beds23
39%
Baths33
50%
Square foot1,5701,472
55%
Lot Size71,75753,655
61%
Price$850K$870K
42%
Price per square foot$541$599
16%
Built year19921993
48%
HOA$514$425
71%
Days on market119160
39%
Condition Rating
Fair

The property was built in 1992. The kitchen and bathrooms appear functional but are dated. The house appears to be well-maintained, but the style and features are not modern. The flooring consists of a mix of tile, wood, and carpet. Overall, the property requires minor updates to bring it up to current standards.
Pros & Cons

Pros

FHA and VA Approved: The property's approval for FHA and VA loans expands the potential buyer pool.
Two Primary Suites: Having two primary suites offers flexibility and privacy, appealing to various living arrangements.
Large Yard: The spacious yard provides ample outdoor space for recreation and relaxation.
Community Amenities: Access to community amenities like a pool, spa, jacuzzi, beach club, and tennis courts enhances the lifestyle and value.
Award Winning Elementary School: Proximity to an award-winning elementary school is a significant draw for families with young children.

Cons

HOA Fees: The monthly HOA fee of $514 is relatively high and could deter some buyers.
Potential for Third Bedroom/Loft Conversion: The description mentions a potential third bedroom or loft, implying it's not currently a finished space and requires additional work/expense.
Year Built: Built in 1992, the property may require updates to appeal to buyers seeking modern amenities and design.

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