714-914-4996

237 Montana del Lago Drive ,
Rancho Santa Margarita, CA 92688

$1,099,000

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.

Basic Information

MLS #:
OC26093697

Price:
$1,099,000

Price
(per sq ft):
$685.00

Address:
237 Montana del Lago Drive ,
Rancho Santa Margarita, CA 92688

MLS Area:
R1 - Rancho Santa Margarita North

Subdivision:
Montana Del Lago (MDL)

Property
Type:
Single Family Residence

Days on Market:
1

Status:
Active

Bedrooms:
3

Bathrooms:
3

Full Baths:
2

Size (sq ft):
1,603 sq ft

Lot Size:
2,000 sq ft

Year Built:
1998

Sale Type:
Standard

Rooms in Home

Rooms:
Primary Bedroom, Laundry, Kitchen, Family Room, Primary Suite, Primary Bathroom

Eating Area:

Laundry:
Inside, Individual Room

Entry Location:
1

Interior Features

Fireplace:
Kitchen, Primary Bedroom, Patio, Outside, Family Room

Cooling:
Central Air

Heating:

Floor:

Appliances:

Interior Features:

Security:

Accessibility:

Garage and Parking

Garage:
Attached

Garage:
2 Spaces

Carport:
0 Spaces

Parking:

Home Owners Association

HOA Dues 1:
$240.00 / Monthly

HOA Dues 2:
$91.00 / Monthly

HOA Amenities: 
Pool

Utilities

Water:
Public

Utilities:

School Information

District:
Saddleback Valley Unified

Elementary:

Middle:

High:

Exterior Features

Pool:
Community

Spa:

Patio:

View:
Lake, Park/Greenbelt, Courtyard

Construction:

Foundation:

Roof:

Windows:

Common Walls:
No Common Walls

Levels:
Three Or More

Lot Features:
Cul-De-Sac, Level, Back Yard

Additional Information

County:
Orange

Senior Community:
No

Community Features:
Storm Drains

Other Structures:

Structure Condition:

Direction Faces:

Listed by:
Berkshire Hathaway HomeService , Randy Ora , 01210081

Co-Listed:

Last
Updated:
5/1/2026 10:59 PM

237 Montana del Lago Drive ,
Rancho Santa Margarita, CA 92688