Rancho Santa Margarita, CA 92688,26 Leonado
Listed by Kimberly Krones • Reliant Realty
Bought with Steven Bullock • Bullock Russell RE Services

$500,000

Est. payment /mo

$499,888

Est.Price: ?

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26 Leonado Rancho Santa Margarita, CA 92688

2 Beds

2 Baths

1,050 SqFt

SOLD DATE : 12/05/2025

Key Details

Sold Price $500,000

Property Type Condo

Sub Type Condominium

Listing Status Sold

Purchase Type For Sale

Square Footage 1,050 sqft

Price per Sqft $476

MLS Listing ID CROC25263922

Sold Date 12/05/25

Bedrooms 2

Full Baths 2

HOA Fees $452/mo

HOA Y/N Yes

Year Built 1989

Lot Size 1.197 Acres

Property Sub-Type Condominium

Source Datashare California Regional

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 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

Location

State CA

County Orange

Interior

Cooling See Remarks

Fireplaces Type Family Room

Fireplace Yes

Laundry Inside

Exterior

Garage Spaces 1.0

Amenities Available Playground, Pool, Spa/Hot Tub, Tennis Court(s), Other, Barbecue, BBQ Area, Dog Park, Pet Restrictions, Picnic Area, Trail(s)

View None

Private Pool false

Building

Story 1

Water Public

Schools

School District Saddleback Valley Unified

Others

HOA Fee Include Maintenance Grounds

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Bay East Association of Realtors
Patricia Beattie

Patricia Beattie

Broker | CA DRE#02153415

+1(800) 517-7326

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