Water Views
Listed By:
Randy Ora with Berkshire Hathaway HomeService; 949-584-4466
Address
237 Montana Del Lago Drive, Rancho Santa Margarita, CA
Price
$ 1,099,000
Property Attributes
  • MLS#OC26093697
  • TypeSingle Family
  • Listing Status Active
  • CountyOrange
  • CityRancho Santa Margarita
  • Area Rancho Santa Margarita North
  • NeighborhoodMontana Del Lago (MDL)
  • Zip92688
  • Style
  • Year Built1998
  • Price$ 1,099,000
  • Bedrooms4
  • Full Bathrooms2
  • Half Bathrooms1
  • Sqr Footage1603
  • Lot Size0.0459 Acres
Data Source:
California Regional MLS (CRMLS)
Property Description

Rare Lakefront View Property — Entertainer’s Paradise - A truly rare opportunity to own one of the few properties with a direct view of the beautiful RSM Lake. This exceptional detached condo offers a highly desirable location just steps from the lake, swimming lagoon, shops, restaurants, and the very best of Rancho Santa Margarita living. Beautifully upgraded throughout, the home features 3 bedrooms plus a basement that could easily serve as a 4th bedroom, office, gym, media room, or flexible living space. The interior is warm, elegant, and move-in ready, with rich dark wood floors throughout, upgraded baseboards, plantation shutters, custom paint, custom light fixtures, surround sound, and a welcoming fireplace. The kitchen has been thoughtfully enhanced with custom cabinetry, all-new stone countertops, and new stainless steel appliances, creating a refined and functional space for everyday living and entertaining. The bathrooms have also been tastefully upgraded, adding to the home’s polished, turnkey appeal. The spacious primary suite includes a walk-in closet, while additional conveniences include the refrigerator, washer and dryer, LeafFilter rain gutter system, new A/C installed in 2019, and storage cabinets in the garage. The backyard is a private and meticulous retreat, finished with elegant gray slate tile and a beautiful fountain—perfect for relaxing, dining outdoors, or entertaining guests. With its rare lake-view setting, upgraded interior, flexible floor plan, and walkable lifestyle location, this is a truly special property offering comfort, style, and convenience in one of Rancho Santa Margarita’s most desirable settings. Property is considered a detached condo.

Price History
4/30/2026 Listed $1,099,000

General Features

Living Area 1603
Sewer Public Sewer
Cooling Central Air
HOA Fee 240
Garage Spaces 2
Pool Features Community,Association
Year Built 1998
View Courtyard,Park/Greenbelt,Lake
Levels Three Or More
Property Subtype Single Family Residence
Community Features Storm Drain(s),Pool
HOA Fee 2 91
Assoc Fee Paid Per Monthly
County Orange
New Construction false
Property Type Residential
Association Amenities Pool
HOA true
Attached Garage true
Subdivision Name Montana Del Lago (MDL)
Garage Y/N true
Full Baths 2
Special Listing Conditions Standard
Status Active
Directions Santa Margarita, Fundadores, Montana del Lago
City Rancho Santa Margarita
Association Name Cierro Del Lago
Entry Location 1
Senior Community Y/N false
High School District Saddleback Valley Unified
Number Of Units Total 1
MLS Area R1 - Rancho Santa Margarita North
Lot Size Units Square Feet
Lot Size Square Feet 2000
Listing Terms Cash,Cash to New Loan
HOA Fee 2 Frequency Monthly
Property Attached Y/N false
Land Lease Y/N false
Lease Considered Y/N false
Structure Type House
AssociationName2 Samlarc
Living Area Units Square Feet
Standard Status Active
Occupancy Type Vacant
Year Built Source Assessor
Tax Lot 6
Property Sub Type Additional Single Family Residence
PostalCity RANCHO SANTA MARGARITA

Interior Features

Interior Amenities Primary Suite
Fireplace Features Family Room,Kitchen,Primary Bedroom,Outside
Total Stories 3
Common Walls No Common Walls
Air Conditioning Y/N true
Fireplace Y/N true
Half Baths 1
Laundry Features Inside,Laundry Room
Total Bedrooms 4
Entry Level 1
Main Level Bathrooms 1
LivingAreaSource Assessor
Total Baths 3

Exterior Features

Lot Features Back Yard,Cul-De-Sac,Level
Water Source Public
Total Parking 2
Lot Size Area 2000
Lot Size Acres 0.0459
Private Pool false
Lot Size Source Assessor

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 92688

Price
AVG $1.3M
$1.1M
Year Built
AVG 1994
1998

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