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25 Palmera

Rancho Santa Margarita, CA 92688

2 beds
2 baths
1,017 sqft
~1/2 acre lot
$648 per sqft
1986 build
– on site

This charming upstairs condo has 2 bedrooms and 2 baths with an attached 2 car garage. Kitchen has been upgraded and has Plantation Shutters throughout. It has a view of the lake, pool and mountains from it's balcony. This community has so much to offer, with hiking trails, social activities, etc. It's a very desirable community to live in. Walking distance with close proximity to shopping centers, fine restaurants with schools close by and quick access to freeways.

Listed By CRMLS_CA / Larry Schmitz / L. D. Schmitz Properties / 949-400-9940

Last checked: Checking… • Last updated May 28, 2025 •

MLS# NP25099455 —

The Building

Year Built:

1986
Year Built Source:

Assessor
New Construction:

No
Total Number Of Units:

112
Architectural Style:

Mediterranean
Roof:

Spanish Tile
Structure Type:

Multi Family
Stories Total:

2
Entry Level:

2
Patio And Porch Features:

Deck, Patio Open
Patio:

1
Common Walls:

1 Common Wall, No One Below

Interior

Levels:

One
Entry Location:

Front Door Upstairs
Kitchen Features:

Quartz Counters
Eating Area:

Breakfast Counter / Bar
Flooring:

Carpet, Tile
Room Type:

Kitchen, Living Room, Primary Bathroom, Primary Bedroom
Living Area Units:

Square Feet
Living Area Source:

Assessor
Fireplace:

Yes
Fireplace:

Family Room, Gas
Laundry:

Dryer Included, Electric Dryer Hookup, Gas & Electric Dryer Hookup, Inside, Stackable
Laundry:

1

Room Dimensions

Living Area:

1017.00

Financial & Terms

Disclosures:

Home Warranty, Homeowners Association

Location

Directions:

Avenida de las Flores toward Antonio, turn right on Palmera
Latitude:

33.65271900
Longitude:

-117.58557300

The Property

Property Type:

Residential
Subtype:

Condominium
Lot Features:

0-1 Unit/Acre
Lot Size Area:

24000.0000
Lot Size Acres:

0.5510
Lot Size SqFt:

24000.00
Lot Size Source:

Assessor
View:

1
View:

Hills, Lake, Mountain(s), Neighborhood, Pool
Exclusions:

None
Property Attached:

1
Additional Parcels:

No
Additional Parcels Description:

833-191-07
Land Lease:

No
Lease Considered:

No

Listing Agent

Contact info:

Taxes

Tax Tract:

12459
Tax Lot:

1

Beds

Total Bedrooms:

2
Main Level Bedrooms:

2

Baths

Total Baths:

2
Bathroom Features:

Shower, Double sinks in bath(s), Tile Counters
Full & Three Quarter Baths:

2
Main Level Baths:

2
Full Baths:

2

The Listing

Special Listing Conditions:

Standard
Parcel Number:

93188497
Showings Begin:

2025-05-14

Heating & Cooling

Heating:

1
Heating:

Central, Forced Air
Cooling:

Yes
Cooling:

Central Air

Utilities

Utilities:

Cable Connected, Electricity Connected, Phone Connected, Sewer Connected, Water Available, Water Connected
Sewer:

Public Sewer
Electric:

220 Volts in Kitchen
Water Source:

Public

Appliances

Appliances:

Electric Range, Disposal
Included:

Yes

Schools

High School District:

Saddleback Valley Unified

The Community

Subdivision:

Floramar (FM)
Subdivision:

Floramar (FM)
Units in the Community:

112
Features:

Biking, Curbs, Dog Park, Gutters, Lake, Park, Sidewalks
Inclusions:

All Appliances
Association Amenities:

Pool, Picnic Area, Playground, Dog Park, Clubhouse
Association:

Flormar
Association:

Yes
Association Fee:

$544
Association Fee Frequency:

Monthly
Pool:

Association, Community
Senior Community:

No
Spa:

1
Private Pool:

No
Spa Features:

Association, Community
Assessments:

No
Assessments:

None

Parking

Parking:

Yes
Parking:

Garage - Two Door, Garage Door Opener
Parking Spaces:

2.00
Attached Garage:

Yes
Garage Spaces:

2.00
Remotes:

2

Monthly cost estimate

Asking price

$660,000

Expense	Monthly cost
Mortgage	$3,534
Taxes	N/A
Insurance	$181
HOA fees	$544
Utilities	$144 See report
Total	$4,403/mo.^*
	^*This is an estimate

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Air Pollution Index

Provided by ClearlyEnergy

Sale history

Date	Event	Source	Price
5/28/25 May 28, 2025	Sold Subject To Contingencies	CRMLS_CA	$660,000
5/20/25 May 20, 2025	Listed / Active	CRMLS_CA	$660,000
5/14/25 May 14, 2025	Sold Subject To Contingencies	CRMLS_CA	$660,000

51% of nearby similar homes sold for over asking price

Similar homes that sold in bidding wars went $10k above asking price on average, but some went as high as $50k over asking price.

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This condo located in Floramar, Rancho Santa Margarita, CA 92688 is currently for sale for $660,000. 25 Palmera is a 1,017 square foot condo with 2 beds and 2 baths that has been on Estately for 24 days. 25 Palmera is in the Floramar neighborhood of Rancho Santa Margarita and has a WalkScore® of 62, making it somewhat walkable. This condo is in the attendance area of Trabuco Hills High School.

Listing Courtesy of: CRMLS_CA and L. D. Schmitz Properties. Based on information from California Regional Multiple Listing Service, Inc. as of 22:53 on Jun 07.

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. 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, 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.