18 Ledgewood, Rancho Santa Margarita, California 92688, Rancho Santa Margarita, 92688 - 5 bed, 5 bath
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Rancho Santa Margarita, California 92688
This Spacious Single Family Residence represents a Strong Value Opportunity, listed at $1,999,975—positioned above the $1,858,199 Fair Market Value. While the property is priced at a premium, it offers a versatile 3,455 sq. ft. layout with a Gourmet Kitchen and a desirable main-floor bedroom. With a Fair Condition Rating and fully paid solar, the home provides a solid foundation for modernization. Located in the Capistrano Unified School District near top-rated schools, this property is an ideal acquisition for growing families or owner-occupants seeking a long-term lifestyle investment in Las Flores.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 18 Ledgewood Subject | $1,999,975* List Price | 5 | 5 | 3,455 | $538 | - |
A 38 Sunny Slope Sold | $1,550,000 | 5 | 3 | 2,434 | $637 | 0.1 mi |
B 41 Castletree Sold | $1,430,000 | 4 | 3 | 2,268 | $631 | 0.3 mi |
C 16 Woodsong Sold | $1,400,000 | 4 | 3 | 2,201 | $636 | 0.5 mi |
D 12 Chandler Sold | $1,475,000 | 4 | 3 | 2,460 | $600 | 0.4 mi |
E 23 Greenvale Sold | $1,475,000 | 4 | 3 | 2,391 | $617 | 0.4 mi |
F 30 Acanthus Active | $1,675,000 List Price | 5 | 3 | 2,900 | $578 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1996 (30 years old), the property falls into the 'Fair' category based on age. While well-maintained and featuring a 'gourmet' kitchen with granite counters, the cabinetry and bathroom fixtures are dated and reflect a 15-20 year old renovation style. The inclusion of fully paid solar is a significant system upgrade, but the overall interior aesthetic requires cosmetic updates to meet modern standards.
The spacious 3,455 sq. ft. floor plan features five bedrooms, including a highly desirable main-floor bedroom and bath perfect for guests or multi-generational living.
The inclusion of a fully paid solar system provides significant long-term value and utility cost savings, a premium feature for modern homeowners.
Situated in the sought-after Las Flores neighborhood, the home offers exceptional walkability to award-winning schools, parks, and local shopping.
The property is noted as having no significant views, which may be a disadvantage compared to other premium homes in the Rancho Santa Margarita area.
Built in 1996, the home may require cosmetic updates or system upgrades to meet the aesthetic and functional expectations of today's luxury buyers.
Welcome to 18 Ledgewood, the highly sought-after "Grove" model in Warmington Oaks, one of Las Flores' most desirable family-friendly neighborhoods. With 5 bedrooms, 4.5 bathrooms, and over 3,400 square feet of thoughtfully designed living space, this home offers the flexibility today's growing families need. A dramatic two-story entry and elegant circular oak staircase create a memorable first impression, while the spacious floor plan provides room for everyone to gather and spread out. The gourmet kitchen, complete with center island, walk-in pantry, and breakfast nook, opens seamlessly to the expansive family room, creating the perfect setting for busy mornings, homework sessions, and holiday celebrations. A desirable downstairs bedroom and bath offer ideal accommodations for guests, extended family, or a private home office. Outside, the oversized driveway and entertainer's backyard with covered patio and built-in BBQ create the ultimate space for birthdays, summer gatherings, and kids at play. Fully paid solar adds long-term value and efficiency. Located within walking distance to award-winning schools, parks, pools, trails, shopping, and dining, this exceptional Las Flores home delivers the lifestyle families dream about.
No exterior & parking available.
Grades K-5 • 0.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 4.0 |
| Baths | 5.0 | 3.0 |
| Square foot | 3,455 | 2,093 |
| Lot Size | 7,405 | 5,515 |
| Price | $2.00M | $1.34M |
| Price per sq ft | $579 | $636 |
| Built year | 1996 | 1995 |
| HOA | $174.0 | $140 |
| Days on market | 48 | 50 |
Jun 4, 2026
$1,999,975
Initial Listing
Jan 15, 2019
$1,045,000
Public Record
Oct 23, 2013
$890,000
Public Record