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. MODEL MATCH sold end of August 2026 at $474,000. Already made a profit! 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.