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Back 26 Leonado
Off Market

26 Leonado

Rancho Santa Margarita CA 92688

2
2
1
1050 sq. ft.
52155 sq. ft.
Condo
Last sold for $500,000
Kimberly KronesKimberly Krones, last sold this property on 05 December 2025 after 14 days on market.

Overview

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!

Features

2 bedrooms
2 bathrooms
1 carspace
1 garage space
1050 sq. ft. floor area
52155 sq. ft. lot size
Condo

Estimated Value

Based on this property and similar 2 bedroom condos sold in Rancho Santa Margarita over the last 12 months, the estimated median property value of 26 Leonado is $650k.

Median value
$650k
Estimated value range
$2.7k - $999k
Median days on market
27
Estimated value trend
-2%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Rancho Santa Margarita. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 26 Leonado

2025
Sold
$500,000
05 Dec 2025 by Kimberly Krones, of Reliant Realty

Happy sellers in Rancho Santa Margarita

94%
94% of sellers in Rancho Santa Margarita reported that their sale price either exceeded or met their price expectations.

Rancho Santa Margarita stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 3 reviews in Rancho Santa Margarita over the last 12 months.

Local market activity for 2 bedroom condos in Rancho Santa Margarita

In the last 12 months, 108 two-bedroom condos similar to 26 Leonado, have been sold.

This represents a 20% increase in two-bedroom condos sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Rancho Santa Margarita

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Olga Khan

Olga Khan is a recommended agent for Rancho Santa Margarita.  They have 2 local sales and collected 2 local reviews across the last 12 months.

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Scott Alden

Scott Alden is a recommended agent for Rancho Santa Margarita.  They have 1 local sale and collected 2 local reviews across the last 12 months.

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Sam Chinarian

Sellers who recommend Sam Chinarian have praised them for being local expert, clear communication, reliable, supportive, friendly, dedicated, and responsive

  •   5   (36 reviews)
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Russell Taylor

Russell Taylor is a recommended agent for Rancho Santa Margarita.  They have 2 local sales and collected 1 local review across the last 12 months.

  •   5   (22 reviews)
  •  1 Review in Rancho Santa Margarita
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