$515,000
2Beds2Baths882SqFt
28 Pica Flor #44 44Rancho Santa Margarita, CA 92688Las Flores (R2)
10 Flor De Mar, Rancho Santa Margarita, CA 92688
- 2 beds
- 1 bath
- 618 sq ft
- Built 1986
Subdivision Las Flores (R2)
14 condos sold in the past 12 months · median $472,000
The home
About 10 Flor De Mar
Must see to believe: great use of space. A delightful 2-bedroom, 1-bath condo in the heart of beautiful Rancho Santa Margarita. Tucked within a cute, well-located condo community, this inviting home with no stairs offers an exceptional opportunity for first-time buyers, investors, or anyone seeking an easy, low-maintenance South Orange County lifestyle.
Enjoy a welcoming front porch, ideal for sipping your morning coffee or unwinding at the end of the day. Inside has a washer and dryer, plus a nearby carport (#88) for easy parking and everyday convenience.
One of the best features is the location: take a stroll to the scenic Rancho Santa Margarita Lake, where you can enjoy peaceful paths, water views, and the community’s outdoor lifestyle. This even includes several water activities, beach club, many fields, parks and an abundance of clubs to join. You’ll also be centrally located near restaurants, grocery stores, Target, movie theaters, shopping, Toll Road and more.
Rancho Santa Margarita is beloved for its picturesque lake, mountain backdrop, abundant parks and trails, and strong sense of community. The area is also known for its highly regarded schools and convenient access to everything South Orange County has to offer.
Whether you’re looking for a smart investment, a place to start your homeownership journey, or a centrally located retreat, 10 Flor de Mar delivers comfort, convenience, and outstanding value.
Property details for 10 Flor De Mar
This 2-bedroom, 1-bath condo sits in the Las Flores (R2) neighborhood of Rancho Santa Margarita in Orange County. It offers 618 square feet of living space and is listed at $452,900, about $733 per square foot. The home was built in 1986. The MLS record lists the assessor parcel number as 932-283-98. Highlights include a community pool, single-story living, central air, and traditional architecture. The detail sections on this page cover interior and exterior features, estimated taxes, HOA dues where they apply, and the map location.
Specifications
Home Details
At a glance
- Price
- $452,900
- Days On Site
- 57 Days
- Bedrooms
- 2
- Inside Area (SqFt)
- 618 sqft
- Total Baths
- 1
- Full Baths
- 1
- Partial Baths
- N/A
- Lot Size
- N/A
- Year Built
- 1986
- MLS® Number
- OC26163786
- Status
- Active
- Property Tax
- N/A
- HOA/Condo/Coop Fees
- N/A
- Sq Ft Source
- Assessor
General Features
- Property Type
- Condominium
- MLS Number
- OC26163786
- Year Built
- 1986
- Living Area (sq ft)
- 618
- Living Area Source
- Assessor
- Lot Size (sq ft)
- 66,621
- Lot Size (acres)
- 1.5294
- Levels
- One
- Bedrooms
- 2
- Full Baths
- 1
- Parking Spaces
- 1
- View
- None
- HOA Dues
- $450
- HOA Frequency
- Monthly
- HOA Name
- Las Flores
- Parcel Number
- 93228398
- On Market Date
- 2026-08-07
- Listing Terms
- Standard
Interior Features
- Interior Features
- Pantry, Unfurnished
- Appliances
- Dishwasher, Gas Oven, Refrigerator, Dryer, Washer
- Flooring
- Tile
- Heating
- Central
- Cooling
- Central Air
- Fireplace
- None
- Laundry
- Inside
- Main Level Bedrooms
- 2
- Main Level Bathrooms
- 1
- Entry Level
- 0
- Common Walls
- Two Common Walls Or More
- Doors
- Panel Doors
- Rooms
- Kitchen, Bathroom
Exterior Features
- Architectural Style
- Traditional
- Construction
- Stucco
- Patio and Porch
- Front Porch
- Parking
- Asphalt, Carport, Guest
- Fencing
- None
- Pool Features
- Association
- Sewer
- Public Sewer
- Water
- Public
- Utilities
- Electricity Available
- Units
- 172
Community Features
- Subdivision
- Las Flores (R2) (LF)
- Community Features
- Curbs, Park, Street Lights
- Association Amenities
- Pool, Spa Hot Tub
- Second HOA Dues
- $91
- Second HOA Name
- Samlarc
The record
Property History for 10 Flor De Mar
| Date | Event | Price | Note |
|---|---|---|---|
| Aug 7, 2026 | Listed for sale | $447,900 |
Cost of ownership
Estimated monthly payment
7.03% · 30-yr fixed$
$3,411/mo
10% down · 30-year fixed · $45,290 down
Principal & interest$2,720
Mortgage insurance (est., over 80% LTV)$170
Property tax (est. 1.03%)$389
Home insurance (rough est., varies widely)$132
HOANot reported, not included
$2,939/mo
20% down · 30-year fixed · $90,580 down
Principal & interest$2,418
Property tax (est. 1.03%)$389
Home insurance (rough est., varies widely)$132
HOANot reported, not included
$2,637/mo
30% down · 30-year fixed · $135,870 down
Principal & interest$2,116
Property tax (est. 1.03%)$389
Home insurance (rough est., varies widely)$132
HOANot reported, not included
Estimated carrying cost
$521/mo
All cash · taxes and insurance only
Principal & interestNone (cash purchase)
Property tax (est. 1.03%)$389
Home insurance (rough est., varies widely)$132
HOANot reported, not included
Estimate only, not a loan offer or quote. Principal and interest use the Freddie Mac 30-year fixed average of 7.03% (week of Sep 24, 2026); your rate will differ. A loan this size is typically a jumbo loan, which prices differently. Tax and insurance are modelled, not billed amounts; tax uses a typical Rancho Santa Margarita rate, excluding Mello-Roos. Verify all figures. Full assumptions and disclosures.
Next steps
Buying 10 Flor De Mar
Want to see 10 Flor De Mar in person? We have guided buyers through Las Flores (R2) and the wider Rancho Santa Margarita market since 1983. Call to arrange a private tour, or send a note and we'll follow up.
Selling near 10 Flor De Mar
Thinking of selling nearby? We bring current Las Flores (R2) sales data and a clear pricing strategy to every listing, backed by more than 700 closed sales and over $1B in Orange County volume. Start with a free home valuation, or reach out to talk through your options.
The neighborhood
About Rancho Santa Margarita
Rancho Santa Margarita is a master-planned Orange County community in the foothills of the Santa Ana Mountains, bordered to the east by the Cleveland National Forest and centered on the man-made Lago Santa Margarita. Adjacent O'Neill Regional Park spans thousands of acres of oak-shaded canyon habitat, and the city is served by the Saddleback Valley Unified and Capistrano Unified school districts.
Las Flores (R2) home sales, past 12 months
- Homes sold
- 14
- Median price
- $472,000
- Median days on market
- 59
- Median per sq ft
- $719
Recorded MLS closings of condos, Sep 26, 2025 to Sep 26, 2026. Days on market run from listing to going under contract.
Price per square foot against recent Las Flores (R2) sales
At $733 per square foot, this home's asking price is close to the Las Flores (R2) median of $719 for condos that closed in the past 12 months.
Recent Las Flores (R2) sales
| Address | Closed | Price | Sq ft | Per sq ft | Days on market |
|---|---|---|---|---|---|
| 54 Flor De Mar | Aug 19, 2026 | $474,000 | 618 | $767 | 97 |
| 46 Picazo | Jul 24, 2026 | $485,000 | 618 | $785 | 34 |
| 23 Via Prado | Jun 15, 2026 | $365,000 | 547 | $667 | 17 |
| 42 Picazo 29 | Apr 17, 2026 | $515,000 | 773 | $666 | 16 |
| 23 Via Prado | Mar 27, 2026 | $355,000 | 547 | $649 | 8 |
Schools
School District for 10 Flor De Mar
As listed in the MLS record. Confirm attendance boundaries with the school district.
The MLS record lists the school district as Saddleback Valley Unified.
Living in Rancho Santa Margarita covers its schools, parks and beaches.
Location
Location
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Listed by Janice Alimohammadi of Refined Realty
Listing information updated Oct 3, 2026 at 2:14 PM PT. Source: CRMLS.
This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.