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Michelle Rozansky

michelle@sandiegodreamhomes.com +1(760) 613-0148

$ 499,888

Est. payment -/mo

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Open 12/7 1PM-3PM

26 Leonado Rancho Santa Margarita, CA 92688

2 Beds

2 Baths

1,050 SqFt

Open House

Sun Dec 07, 1:00pm - 3:00pm

UPDATED:

Key Details

Property Type Condo

Sub Type Condominium

Listing Status Active

Purchase Type For Sale

Square Footage 1,050 sqft

Price per Sqft $476

Subdivision Belflora (Blf)

MLS Listing ID OC25263922

Bedrooms 2

Full Baths 2

HOA Fees $509/mo

HOA Y/N Yes

Year Built 1989

Lot Size 1.197 Acres

Property Sub-Type Condominium

Property Description

Calling all investors!!! This is the perfect flip property well below turnkey market value. Seller prefers cash buyer for easiest transaction. It is a downstairs end unit 2-bedroom, 2-bathroom with one car attached garage. This unit needs most items: The bones are good! For sure it needs all new carpet, interior paint and kitchen appliances. Likely you will want to either repaint or replace all kitchen and bathroom cabinets, replace toilets and resurface or replace faded tubs. Condition of water heater and ac unknown. Condenser looks original but water heater was replaced at one point. This home sits in the highly desirable Belflora community of Rancho Santa Margarita. The HOA re-piped the community this this unit not long ago. From the moment you step inside, you'll appreciate the open, functional design, cozy fireplace, and natural light. The deep, attached 1-car garage with direct access adds everyday convenience. Located just steps from RSM Lake, you'll enjoy iconic Saddleback Mountain views, lakefront dining, and serene walks. Residents have access to the Lago Santa Margarita Beach Club with its sandy beach lagoon, watercraft rentals, BBQ areas, volleyball, and more. The HOA also includes 13 parks, multiple pools, pickleball, tennis, sports courts, and community events year-round. RSM has been ranked as a safest city in California—offering a walkable, active lifestyle with shops, restaurants, coffee houses, and parks all close by. Whether it's kayaking on the lake, playing a quick game of pickleball, or relaxing at the beach club, every day feels like a getaway. And if commuting, you'll appreciate quick access to the 241 Toll Road and a short drive to the coast. This isn't just a smart find—it's the prefect blank canvas for a savvy investor! Come see why!

Location

State CA

County Orange

Area R1 - Rancho Santa Margarita North

Rooms

Main Level Bedrooms 2

Interior

Interior Features All Bedrooms Down

Cooling See Remarks

Fireplaces Type Family Room

Fireplace Yes

Laundry Inside

Exterior

Garage Spaces 1.0

Garage Description 1.0

Pool Association

Community Features Curbs, Hiking, Lake, Park, Sidewalks

Amenities Available Sport Court, Dog Park, Maintenance Grounds, Meeting Room, Outdoor Cooking Area, Barbecue, Picnic Area, Playground, Pickleball, Pool, Pet Restrictions, Spa/Hot Tub, Tennis Court(s), Trail(s)

View Y/N No

View None

Total Parking Spaces 1

Private Pool No

Building

Dwelling Type House

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Level or Stories One

New Construction No

Schools

Elementary Schools Ceilo

Middle Schools Rancho Santa Margarita

High Schools Trabuco Hills

School District Saddleback Valley Unified

Others

HOA Name Belflora

Senior Community No

Tax ID 93214495

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition Standard

Listed by Kimberly Krones Reliant Realty Kim@Krones.net

Michelle Rozansky

Agent | License ID: 01395868

+1(760) 613-0148

Michelle Rozansky

26 Leonado Rancho Santa Margarita, CA 92688

Open House

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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26 Leonado