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$499,888
1 Day On Site

26 Leonado
Rancho Santa Margarita, CA 92688

For Sale|Condominium|Active
2
Beds
2
Total Baths
2
Full Baths
1,050
SqFt
$476
/SqFt
1989
Built
Subdivision:
Belflora (BLF)
County:
Orange
Listed by Kimberly Krones of Reliant Realty 9497952000
Call Now: 858-248-5453
Is this the listing for you? We can help make it yours.
858-248-5453
Upcoming Open Houses
Sun, Dec 7, 1:00 PM - 3:00 PM
26 Leonado26 Leonado26 Leonado26 Leonado
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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, youll 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, youll 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 Californiaoffering a walkable, active lifestyle with shops, restaurants, coffee houses, and parks all close by. Whether its 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, youll appreciate quick access to the 241 Toll Road and a short drive to the coast. This isnt just a smart findits the prefect blank canvas for a savvy investor! Come see why!

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Listing Snapshot
Price 
$499,888
Days On Site 
1 Day
Bedrooms 
2
Inside Area (SqFt) 
1,050 sqft
Total Baths 
2
Full Baths 
2
Partial Baths 
N/A
Lot Size 
1.1973 Acres
Year Built 
1989
MLS® Number 
OC25263922
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
$452 monthly
Sq Ft Source 
N/A
Friends & Family
Recent Activity
60 minutes agoListing updated with changes from the MLS®
yesterdayListing first seen on site
General Features
Garage 
Yes
Garage Spaces 
1
Number Of Stories 
1
Parking Spaces 
1
Property Sub Type 
Condominium
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Total 
1050
Water Source 
Public
Interior Features
Fireplace Features 
Family Room
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Exterior Features
Pool Features 
Association
Community Features
Association Amenities 
Meeting RoomPicnic AreaPlaygroundSport CourtBarbecuePoolTrail(s)
Association Dues 
452
Community Features 
CurbsSidewalks
Financing Terms Available 
Cash
HOA Fee Frequency 
Monthly
Listed by Kimberly Krones of Reliant Realty 9497952000



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Last checked 2025

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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