Welcome to this beautifully remodeled lower-level corner condominium offering 2 bedrooms and 1 bathroom in the highly desirable Las Flores II community of Rancho Santa Margarita.
This light-filled home features large windows overlooking lush greenbelts and mature trees, creating a bright, peaceful setting. Recent upgrades include a newly HVAC system, dual-pane windows, window blinds, and stylish laminate wood flooring throughout.
The updated kitchen is appointed with quartz countertops, shaker-style cabinetry, and newer appliances, including a gas range, dishwasher, and refrigerator. A convenient in-unit laundry area includes a side-by-side washer and dryer. Additional storage is available with a hallway linen closet and custom closet organizers in both bedrooms.
The home includes one reserved covered carport space conveniently located nearby, plus one additional parking permit.
Enjoy resort-style living with the community pool and spa just steps from your front door. The property is ideally located near highly rated schools, shopping, dining, scenic hiking and biking trails, and offers easy access to the 241 Toll Road.
As a resident, you’ll also enjoy full access to SAMLARC’s exceptional amenities, including multiple swimming pools, pickleball, tennis and basketball courts, sand volleyball, parks, miles of walking and biking trails, and the popular Lago Santa Margarita Beach Club—a private sand-bottom swimming lagoon with a true resort-style atmosphere.
This exceptional lease offers the perfect combination of comfort, convenience, and an outstanding community lifestyle. Don’t miss the opportunity to make this beautiful home your own.
This light-filled home features large windows overlooking lush greenbelts and mature trees, creating a bright, peaceful setting. Recent upgrades include a newly HVAC system, dual-pane windows, window blinds, and stylish laminate wood flooring throughout.
The updated kitchen is appointed with quartz countertops, shaker-style cabinetry, and newer appliances, including a gas range, dishwasher, and refrigerator. A convenient in-unit laundry area includes a side-by-side washer and dryer. Additional storage is available with a hallway linen closet and custom closet organizers in both bedrooms.
The home includes one reserved covered carport space conveniently located nearby, plus one additional parking permit.
Enjoy resort-style living with the community pool and spa just steps from your front door. The property is ideally located near highly rated schools, shopping, dining, scenic hiking and biking trails, and offers easy access to the 241 Toll Road.
As a resident, you’ll also enjoy full access to SAMLARC’s exceptional amenities, including multiple swimming pools, pickleball, tennis and basketball courts, sand volleyball, parks, miles of walking and biking trails, and the popular Lago Santa Margarita Beach Club—a private sand-bottom swimming lagoon with a true resort-style atmosphere.
This exceptional lease offers the perfect combination of comfort, convenience, and an outstanding community lifestyle. Don’t miss the opportunity to make this beautiful home your own.
Property Details
Price:
$2,595
MLS #:
OC26168347
Status:
Active
Beds:
2
Baths:
1
Type:
Single Family
Subtype:
Condominium
Subdivision:
Las Flores R2 LF
Neighborhood:
r1ranchosantamargaritanorth
Listed Date:
Aug 8, 2026
Finished Sq Ft:
618
Lot Size:
47,220 sqft / 1.08 acres (approx)
Year Built:
1987
See this Listing
Schools
School District:
Saddleback Valley Unified
Interior
Appliances
MW, RF, WLR, GR, VEF, WHU
Bathrooms
1 Full Bathroom
Cooling
CA
Heating
CF
Laundry Features
ELC, IN, DINC, WH, WINC
Levels
A
Main Level Bathrooms
1
Main Level Bedrooms
2
Exterior
Common Walls
_1CW, EU
Community Features
CRB, LAKE, PARK
Parking Spots
2
Parking Total
2
Patio And Porch Features
CO, POF
View
PK, NE
Financial
Map
Community
- Address25 Picazo #103 Rancho Santa Margarita CA
- SubdivisionLas Flores (R2) (LF)
- CityRancho Santa Margarita
- CountyOrange
- Zip Code92688
Subdivisions in Rancho Santa Margarita
- Arroyo Vista AV
- Ballantree BALT
- Belflora BLF
- Bella Ventana BVT
- Belterraza BTR
- Brisa del Lago I BD
- Brisa del Lago II BDII
- Cabo Vista CVS
- Cabrillo Vista CAVI
- California Del Sol CDS
- Cantobrio I R1 CB1
- Castile CAST
- Cierra Del Lago CDL
- Corte Melina CM
- Cresta Vista CRV
- Estrella Vista ESV
- Fairway Estates DCFE
- Fairway Ridge DFR
- Fieldstone Classics FLCL
- Granada GRN
- Greystone Arbor GRAR
- Lakeridge DLR
- Las Flores R1 LF
- Las Flores R2 LF
- Laurels DLAU
- Los Abanicos LOSA
- Los Paseos LOPA
- Los Portillos LSP
- Lyon Promenade LYPM
- Mission Courts R1 MC
- Mission Greens R1 MG
- Montana Del Lago MDL
- Montecito MO
- Montilla MNT
- Oaks DOK
- Ranchwood R2 RW
- Sea Country SEAC
- Serabrisa SRB
- Sonoma Court SCT
- Sterling Heights DSH
- Summit Crest DSC
- Terracina TERC
- Tierra Montanosa TIEM
- Tijeras Creek Villas TCV
- Trabuco – Elms THE
- Trabuco – Homestead THH
- Traditions TRAD
- Valle Vista VLV
- Veranda VERA
- Vista Ladera R2 VL
- Warmington Homes DWH
Market Summary
Current real estate data for Single Family in Rancho Santa Margarita as of Aug 16, 2026
80
Single Family Listed
48
Avg DOM
388
Avg $ / SqFt
$885,530
Avg List Price
Property Summary
- Located in the Las Flores (R2) (LF) subdivision, 25 Picazo #103 Rancho Santa Margarita CA is a Single Family for sale in Rancho Santa Margarita, CA, 92688. It is listed for $2,595 and features 2 beds, 1 baths, and has approximately 618 square feet of living space, and was originally constructed in 1987. The current price per square foot is $4. The average price per square foot for Single Family listings in Rancho Santa Margarita is $388. The average listing price for Single Family in Rancho Santa Margarita is $885,530.
Similar Listings Nearby
25 Picazo #103
Rancho Santa Margarita, CA


