Welcome to this stunning, light-filled home with sought-after southern backyard exposure, offering both comfort and style in the charming Melinda Heights community. This beautifully upgraded property boasts a modern kitchen with quartz countertops, newer appliances, and tastefully renovated bathrooms. Newly replaced HVAC and energy-efficient vinyl dual-pane windows enhance the home's comfort and efficiency. The private backyard is a peaceful retreat, featuring a covered gazebo, putting green, and ample space for outdoor gatherings. The 3-car garage includes a fast-charging outlet for electric vehicles, a deep driveway for additional parking, and abundant storage in the garage attic and backyard shed. Low taxes and NO MELLO-ROOS! Just a short walk from the award-winning Melinda Heights Elementary School, this home also provides access to exclusive community amenities such as Olympic-size pools, tennis and pickleball courts, parks, and the many additional offerings of Rancho Santa Margarita. Conveniently close to the 241 toll road, shopping, and dining, this location is ideal for easy living. Blending high-end upgrades with generous outdoor space, this home is perfect for those looking to enjoy the vibrant Southern California lifestyle in a highly desirable neighborhood.
Sold for $1,255,000
Listing Provided by:
Stephen Polito DRE #01922272 949-547-1007,
Radius Agent Realty
Bought with: Regency Real Estate Brokers
$1,255,000
44 Colorido, Rancho Santa Margarita, CA 92688
3beds
1,605sqft
Single Family Residence
Built in 1993
5,395 Square Feet Lot
$1,285,900 Zestimate®
$782/sqft
$4,531 Estimated rent
Home value
$1,285,900
$1.18M - $1.40M
$4,531/mo
Zestimate® history
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Zillow last checked: 7 hours ago
Listing updated: December 04, 2024 at 05:54pm
Listing Provided by:
Stephen Polito DRE #01922272 949-547-1007,
Radius Agent Realty
Bought with:
Marisa Whitaker, DRE #01911865
Regency Real Estate Brokers
Source: CRMLS,MLS#: OC24188826
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
- Main level bathrooms: 1
Bedroom
- Features: All Bedrooms Up
Kitchen
- Features: Kitchen Island, Kitchen/Family Room Combo, Quartz Counters
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Dishwasher, Electric Oven, Gas Cooktop, Gas Water Heater, Microwave, Water Softener
- Laundry: Electric Dryer Hookup, Gas Dryer Hookup, In Garage
Features
- High Ceilings, Quartz Counters, Two Story Ceilings, All Bedrooms Up
- Flooring: Carpet, Laminate
- Doors: Sliding Doors
- Windows: Double Pane Windows
- Has fireplace: Yes
- Fireplace features: Family Room
- Common walls with other units/homes: No Common Walls
Interior area
- Total interior livable area: 1,605 sqft
Property
Parking
- Total spaces: 6
- Parking features: Driveway, Garage
- Attached garage spaces: 3
- Uncovered spaces: 3
Features
- Levels: Two
- Stories: 2
- Entry location: 1
- Pool features: Community, Association
- Fencing: Block,Wood
- Has view: Yes
- View description: Neighborhood, Trees/Woods
Lot
- Size: 5,395 sqft
- Features: Lawn, Landscaped, Near Park, Yard
Details
- Parcel number: 83912117
- Zoning: R-1
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Foundation: Slab
- Roof: Spanish Tile,Tile
Condition
- New construction: No
- Year built: 1993
Utilities & green energy
- Electric: 220 Volts in Garage, 220 Volts in Laundry
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Cable Connected, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Available, Sewer Connected
Community & neighborhood
Security
- Security features: Carbon Monoxide Detector(s), Smoke Detector(s)
Community
- Community features: Dog Park, Lake, Street Lights, Sidewalks, Park, Pool
Location
- Region: Rancho Santa Margarita
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $92 monthly
- Amenities included: Clubhouse, Dog Park, Fire Pit, Barbecue, Picnic Area, Playground, Pickleball, Pool, Spa/Hot Tub, Tennis Court(s)
- Association name: Talavera
- Association phone: 949-448-6000
- Second HOA fee: $81 monthly
- Second association name: Samlarc
Other
Other facts
- Listing terms: Cash,Cash to New Loan,Conventional,FHA
Price history
| Date | Event | Price |
|---|---|---|
| 11/8/2024 | Sold | $1,255,000-1.6%$782/sqft |
Source:  CRMLS #OC24188826 Report a problem | ||
| 10/4/2024 | Contingent | $1,274,888$794/sqft |
Source: CRMLS #OC24188826 Report a problem | ||
| 9/18/2024 | Listed for sale | $1,274,888+71.6%$794/sqft |
Source: CRMLS #OC24188826 Report a problem | ||
| 6/15/2020 | Sold | $743,000-0.9%$463/sqft |
Source:  CRMLS #OC20067737 Report a problem | ||
| 5/4/2020 | Pending sale | $749,900$467/sqft |
Source: The Right House #OC20067737 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $13,020 +56.5% | $1,255,000 +57.6% |
| 2024 | $8,320 +2.3% | $796,268 +2% |
| 2023 | $8,130 +1.7% | $780,655 +2% |
Find assessor info on the county website
Neighborhood: 92688
Nearby schools
GreatSchools rating
- 8/10Melinda Heights Elementary SchoolGrades: K-6Distance: 0.1 mi
- 5/10Rancho Santa Margarita Intermediate SchoolGrades: 7-8Distance: 1.7 mi
- 10/10Trabuco Hills High SchoolGrades: 9-12Distance: 2.3 mi
Schools provided by the listing agent
- Elementary: Melinda Heights
- Middle: Rancho Santa Margarita
- High: Trabuco Hills
Source: CRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$1,285,900
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Estimated market value
$1,285,900
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