26 Leonado, Rancho Santa Margarita, CA 92688 (MLS # OC25263922)
Twitter
Facebook
Email
|
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 appear 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. Seller says no condenser but was told when he bought it that pre-wire was there. Looks near neighbor condenser off back patio. 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!
| DAYS ON MARKET | 15 | LAST UPDATED | 12/6/2025 |
|---|---|---|---|
| TRACT | Belflora (BLF) | YEAR BUILT | 1989 |
| COMMUNITY | R1 - Rancho Santa Margarita North | GARAGE SPACES | 1.0 |
| COUNTY | Orange | STATUS | Sold |
| PROPERTY TYPE(S) | Condo/Townhouse/Co-Op |
| Elementary School | Ceilo |
|---|---|
| Jr. High School | Rancho Santa Margarita |
| High School | Trabuco Hills |
| ADDITIONAL DETAILS | |
| AIR CONDITIONING | Yes |
|---|---|
| AREA | R1 - Rancho Santa Margarita North |
| FIREPLACE | Yes |
| GARAGE | Attached Garage, Yes |
| HOA DUES | 452|Monthly |
| LOT | 1.1973 acre(s) |
| LOT DIMENSIONS | 52155 |
| PARKING | Attached |
| POOL DESCRIPTION | Association |
| SEWER | Public Sewer |
| STORIES | 1 |
| SUBDIVISION | Belflora (BLF) |
| VIEW DESCRIPTION | None |
| WATER | Public |
| WATERFRONT DESCRIPTION | Lake |
TOTAL MONTHLY PAYMENT
| SATELLITE VIEW |
Based on information from CRMLS as of 12/10/25 9:36 AM PST. The information being provided by CRMLS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
Any property information referenced on this website comes from the Internet Data Exchange (IDX) program of CRISNet MLS and/or CRMLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
This IDX solution is (c) Diverse Solutions 2025.