237 Montana del Lago DriveRancho Santa Margarita, CA 92688

Single Family · 4 Beds · 2 Full Baths · 1 Half Bath · 1,603 Sq. ft. | 0.05 Acres
$1,099,000 Active

237 Montana del Lago Drive Overview

Time on Site:
60 days
Visits:
0

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.

Love this property?
Create a profile so you can receive updates on this property as soon as they happen!
View Map

237 Montana del Lago Drive Facts & Features

  • Type Single Family
  • Sq. ft. 1,603
  • Price/Sq.ft. $686
  • Lot 0.05 Acres

Details

General

Association/HOA

  • Association Amenities: Pool
  • Association Fee: 240.0
  • Association Fee 2: 91.0
  • Association Fee 2 Frequency: Monthly
  • Association Fee Frequency: Monthly
  • Association Name: Cierro Del Lago
  • Association Name 2: Samlarc
  • Association: Yes
  • Common Interest: Condominium

School Information

  • School District: Saddleback Valley Unified

Building Information

  • New Construction: No
  • Year Built: 1998

Location/Region

  • Country: US
  • County Or Parish: Orange
  • MLS Area Major: R1 - Rancho Santa Margarita North
  • Postal City: RANCHO SANTA MARGARITA
  • Subdivision Name: Montana Del Lago (MDL)

Community/Development

  • Community Features: Storm Drain(s),Pool

Rent/Lease Information

  • Land Lease: No
  • Lease Considered: No

General Information

  • Listing Terms: Cash,Cash to New Loan
  • Parcel Number: 93083178
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Senior Community: No
  • Special Listing Conditions: Standard

Interior

Parking Information

  • Garage Spaces: 2.0
  • Garage: Yes

Beds/Baths

  • Bathrooms Full: 2
  • Bathrooms Half: 1
  • Bathrooms Total: 3
  • Bedrooms Total: 4

General Information

  • Common Walls: No Common Walls
  • Entry Level: 1
  • Entry Location: 1
  • Fireplace Features: Family Room,Kitchen,Primary Bedroom,Outside
  • Fireplace: Yes
  • Interior Features: Primary Suite
  • Laundry Features: Inside,Laundry Room
  • Levels: Three Or More
  • Living Area: 1603.0
  • Living Area Source: Assessor
  • Living Area Units: Square Feet
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 0
  • Stories Total: 3

Exterior

Parking Information

  • Parking Total: 2.0

Lot Information

  • Lot Features: Back Yard,Cul-De-Sac,Level
  • Lot Size Area: 2000.0
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 2000.0
  • Lot Size Units: Square Feet
  • Elevation Units: Feet
  • Water Source: Public

Waterfront/View

    Building Exterior/Construction

    • Attached Garage: Yes
    • Property Attached: No
    • Structure Type: House

    General Information

    • Number Of Units Total: 1
    • Pool Features: Community,Association
    • Pool Private: No
    • Sewer: Public Sewer

    237 Montana del Lago Drive Neighborhood

    Community

    92688 (Rancho Santa Margarita) Demographics

    38
    Median Age
    4,073
    Population Density (per sq. mile)
    58%
    College Educated
    $116,557
    Estimated Median Income
    10,697
    Estimated Total Home Owners
    4,896
    Estimated Total Renters
    69% / 31%
    Estimated Owner / Renter Divide
    3
    Estimated Average Household Size
    Community data courtesy of LiveBy, Inc.

    Schools

    School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

    237 Montana del Lago Drive Monthly Cost

    $
    $ %
    %
    $
    $
    * All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

    237 Montana del Lago Drive Market Data

    Based on the last 30 days in this zip code

    $914,834
    Average List Price
    $651
    Average Price per Square Foot
    31
    Properties Sold
    59
    Average Days on Market
    253
    Properties for Sale
    Calculations provided by Reliance Network

    237 Montana del Lago Drive History

    Date Event Value Agent
    4/30/2026Source: CRMLS Added to Database
    April 30, 2026
    12/22/2022Source: CRMLS Added to Database
    December 22, 2022
    10/13/2022Source: CRMLS Added to Database
    October 13, 2022
    10/11/2022Source: CRMLS Added to Database
    October 11, 2022
    Listing provided courtesy of Berkshire Hathaway HomeServiceRandy Ora- MLS# OC26093697MLS ProviderContact Information: 949-495-1800