237 Montana del Lago Drive Rancho Santa Margarita CA 92688 | MLS #OC26093697

237 Montana del Lago Drive
Rancho Santa Margarita, CA, 92688
$1,075,000
4 Beds
2.5 Baths
1,603 SqFt
0.05 Acres
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MLS #OC26093697 image #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.

Property Details

Price:
$1,075,000
MLS #:
OC26093697
Status:
Active
Beds:
4
Baths:
2.5
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
Montana Del Lago MDL
Neighborhood:
r1ranchosantamargaritanorth
Listed Date:
Apr 30, 2026
Finished Sq Ft:
1,603
Lot Size:
2,000 sqft / 0.05 acres (approx)
Year Built:
1998
R1 – Rancho Santa Margarita NorthR1ranchosantamargaritanorthMontana Del Lago MdlSaddleback Valley Unified

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Schools

School District:
Saddleback Valley Unified

Interior

Bathrooms
2 Full Bathrooms, 1 Half Bathroom
Cooling
Central Air
Laundry Features
Inside, Laundry Room
Levels
Three Or More
Main Level Bathrooms
1

Exterior

Association Amenities
Pool
Attached Garage YN
1
Common Walls
No Common Walls
Community Features
Storm Drains
Covered Spaces
2
Garage Spaces
2
Lot Features
Cul-De-Sac, Level, Back Yard
Parking Spots
2
Parking Total
2
Stories
3
View
Lake, Park/Greenbelt, Courtyard

Financial

HOA Fee
$240
HOA Fee 2
$91
HOA Fee 2 Frequency
Monthly
HOA Fee Frequency
Monthly
HOA Name
Cierro Del Lago
HOA Name 2
Samlarc
HOA Phone
9497163998
HOA Phone 2
9497000010

Map

Community

Market Summary

Current real estate data for Single Family in Rancho Santa Margarita as of Oct 27, 2026
46
Single Family Listed
58
Avg DOM
639
Avg $ / SqFt
$1,384,458
Avg List Price

Property Summary

    Located in the Montana Del Lago (MDL) subdivision, 237 Montana del Lago Drive Rancho Santa Margarita CA is a Single Family for sale in Rancho Santa Margarita, CA, 92688. It is listed for $1,075,000 and features 4 beds, 3 baths, and has approximately 1,603 square feet of living space, and was originally constructed in 1998. The current price per square foot is $671. The average price per square foot for Single Family listings in Rancho Santa Margarita is $639. The average listing price for Single Family in Rancho Santa Margarita is $1,384,458. To schedule a showing of MLS#oc26093697 at 237 Montana del Lago Drive in Rancho Santa Margarita, CA, contact your Compass agent at 310.409.7242.

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237 Montana del Lago Drive
Rancho Santa Margarita, CA