116 Mira Mesa, Rancho Santa Margarita, CA 92688
Condo
For sale now
116 Mira Mesa is on the market at $854,900 (2 bd · 3 ba · 1,514 sqft). See the current listing →
Sold December 2022
Listing Agent: Zach McCabe (DRE #01423770) · Listing Office: Circa Properties, Inc. · Contact: 714-203-6814 · Bought with: Jill Dalby · Primary Capital · MLS #OC22234089 · Source: CRMLS
How this sale compares
116 Mira Mesa sold for $699,000 in December 2022, 1.4% under its $709,000 list price, after 13 days on the market. That works out to $445 per square foot on 1,570 square feet. Across 200 closed sales in 92688 over the last 12 months, the median sold price is $915,000 and the median is $637 per square foot — 43% above this sale's $445. 2-bedroom rentals in 92688 currently list at a median of $3,200 a month (16 listings).
| Quarter | Closed sales in 92688 | Median sold price |
|---|---|---|
| Q1 2026 | 19 | $891,000 |
| Q2 2026 | 85 | $1,010,000 |
| Q3 2026 | 96 | $807,000 |
Figures are MLS-reported closed sales (CRMLS); ZIP medians cover the last 12 months. Nalren does not estimate values. Recently sold in Rancho Santa Margarita · Homes for sale in 92688
About this condo
Located in the hills of the desirable Melinda Heights area of Rancho Santa Margarita, this 2 bedroom, 2.5 bathroom condo is in the well-maintained community of Sausalito. Fresh paint and new carpet upstairs make this home turnkey and ready to move in. Dual upstairs primary bedrooms with the main primary bedroom featuring tray ceilings, ample sized primary bathroom suite, with dual vanity, separate tub & shower, and large dual closets. Other features include a downstairs guest bath, vaulted ceilings, plantation shutters, living room with gas fireplace, formal dining room, an open kitchen with breakfast nook, laundry room with storage, 2 car garage with direct access, enclosed patio area with white vinyl fencing, and upstairs landing for possible storage or small office area. The community pool and spa are conveniently located close to the unit. Award-winning Melinda Heights Elementary school across the street. Just a few minutes away from O’Neill Regional Park, nearby top-rated schools, and easy access to the 241 toll road.
Listing description from the December 2022 sale, as reported to CRMLS.
Sale history
Recent sales near 116 Mira Mesa
- 79 Tierra Montanosa — Sold $825,000 · 3 bd · 3 ba · 1,551 sqft · Aug 2026 · 0.2 mi
- 48 Tierra Seguro — Sold $689,000 · 2 bd · 2 ba · 1,169 sqft · Aug 2026 · 0.4 mi
- 9 El Tambor — Sold $1,300,000 · 3 bd · 3 ba · 1,300 sqft · Jul 2026 · 0.4 mi
- 14 Anglesite — Sold $1,300,000 · 5 bd · 3 ba · 2,545 sqft · Aug 2026 · 0.6 mi
- 33 Calle Gazapo — Sold $1,430,000 · 4 bd · 3 ba · 2,411 sqft · Aug 2026 · 0.8 mi
- 7 Via Berrendo — Sold $1,525,000 · 5 bd · 3 ba · 3,003 sqft · Aug 2026 · 0.8 mi
- 43 El Prisma — Sold $1,200,000 · 4 bd · 3 ba · 2,044 sqft · Sep 2026 · 0.9 mi
- 4 Via Onza — Sold $1,400,000 · 4 bd · 3 ba · 2,411 sqft · Aug 2026 · 0.9 mi
MLS-reported closed sales in 92688, nearest first (last 12 months). All recent sales in Rancho Santa Margarita →
Questions about 116 Mira Mesa
When did 116 Mira Mesa last sell?
116 Mira Mesa last sold in December 2022 for $699,000, according to CRMLS-reported closed sales.
What did 116 Mira Mesa sell for?
$699,000, 1.4% below the $709,000 list price, after 13 days on the market — about $445 per square foot.
How does that compare to other Rancho Santa Margarita sales?
200 homes closed in ZIP 92688 over the last 12 months at a median of $915,000 ($637 per square foot). This sale was $445 per square foot.
Is 116 Mira Mesa for sale now?
Yes — 116 Mira Mesa is currently on the market at $854,900. Open the current listing on Nalren for photos, details and the listing agent.
What do 2-bedroom homes rent for in 92688?
2-bedroom rentals in 92688 currently list at a median of $3,200 per month across 16 listings on Nalren.