6 Leonado, Rancho Santa Margarita, California 92688, Rancho Santa Margarita, 92688 - 2 bed, 2 bath
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Rancho Santa Margarita, California 92688
This Strong Value Opportunity is a Single-Level Condominium listed at $635,000, positioned well below the $665,946 Fair Market Value by 4%. This valuation gap provides $30,946 in Instant Equity. Featuring a Condition Rating of 4, the home offers a functional layout with direct garage access and end-unit privacy. Located in the Belflora community with access to top-rated Saddleback Valley schools, this property is an ideal acquisition for Owner-Occupants or first-time buyers seeking a stable, lifestyle-focused residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6 Leonado Subject | $635,000* List Price | 2 | 2 | 1,102 | $604 | - |
A 1 Via Garceta Sold | $725,000 | 2 | 2 | 1,010 | $718 | 0.7 mi |
B 36 Via Cordoba Sold | $665,000 | 2 | 2 | 1,195 | $556 | 0.5 mi |
C 27 Via Lavendera Sold | $660,000 | 2 | 2 | 1,025 | $644 | 0.6 mi |
D 2 Via Carino Sold | $570,000 | 2 | 2 | 939 | $607 | 0.5 mi |
E 51 Lobelia Sold | $700,000 | 2 | 2 | 974 | $719 | 0.7 mi |
F 7 Cetrino Sold | $610,000 | 2 | 2 | 1,102 | $554 | - |
G 44 Via Cordoba Sold | $715,000 | 2 | 2 | 1,128 | $634 | 0.5 mi |
H 59 Via Honrado Sold | $580,000 | 2 | 2 | 832 | $697 | 0.5 mi |
I 20 Via Carino Active | $587,800 List Price | 2 | 2 | 939 | $626 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1989, this property is approximately 37 years old. While it is exceptionally well-maintained and features newer laminate flooring and stainless steel appliances, the kitchen remains dated with original-style wood cabinetry and white tile countertops. It is functional and move-in ready, but the age of the primary systems and cosmetic finishes necessitates updates to meet modern standards.
This rare ground-floor end-unit features a carriage-house style with no stairs and direct garage access, offering maximum convenience and accessibility for all life stages.
As a corner unit, the property benefits from additional windows that flood the living space with natural light while providing a higher degree of privacy compared to interior units.
Residents enjoy resort-style amenities within Belflora and exclusive access to the Rancho Santa Margarita Lake, scenic trails, and top-tier Saddleback Valley schools.
The property is noted as having no views, which may be a disadvantage for buyers seeking the mountain or lake vistas common in the Rancho Santa Margarita area.
Built in 1989, the home may require modern updates to its original systems or interior finishes to remain competitive with newer developments in South Orange County.
Sophisticated Single-Level Living in Belflora Discover the perfect blend of comfort and convenience in this rare ground-floor, end-unit carriage house located in the highly desirable Belflora community of Rancho Santa Margarita. With no stairs to navigate and a thoughtful open layout, this 1,102 square foot home offers a seamless living experience in one of South Orange County’s most sought-after areas. Home Highlights Featuring two spacious bedrooms and two full bathrooms, this corner unit condo benefits from extra privacy and an abundance of natural light. The living room serves as the true heart of the home, centered around a cozy fireplace that is perfect for cool coastal evenings. You will enjoy the absolute ease of single-level living, highlighted by a convenient attached garage providing direct access. This well-maintained property perfectly combines comfort with everyday convenience. The Belflora Lifestyle and Location Living in this neighborhood feels like a year-round vacation. Residents of Belflora enjoy exclusive access to resort-style amenities including a sparkling pool, a relaxing spa, and beautifully manicured playgrounds. Beyond the immediate community, you are granted access to the stunning Rancho Santa Margarita Lake, scenic trails, and local parks just steps away. Situated only minutes from premium shopping, diverse restaurants, award-winning schools, and easy freeway access, this property truly captures the quintessential RSM lifestyle.
No exterior & parking available.
Grades PK-6 • 0.8 mi
Grades 7-8 • 0.2 mi
Grades 9-12 • 3.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,102 | 1,093 |
| Lot Size | 62,246 | 26,135 |
| Price | $635.0K | $681.3K |
| Price per sq ft | $576 | $638 |
| Built year | 1989 | 1991 |
| HOA | $452.0 | $463 |
| Days on market | 7 | 51 |
Jul 15, 2026
$635,000
Initial Listing
Jul 15, 1998
$112,000
Public Record
Mar 30, 1993
$123,000
Public Record