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

Single-Family · For sale · $1,099,000 · MLS# OC26093697

Single-Family for sale in Southern California — $1,099,000. 4 beds · 3 baths · 1,603 sqft. 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…

237 Montana del Lago Drive
For sale

$1,099,000

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

4beds
3baths
1,603sqft
Single-FamilyProperty type
1998Year built
2,000 sqft lotLot size
1,603 sqftLiving area
$686/sqftPrice / sqft
$240/moHOA
2 spacesGarage

Facts & features

Interior

Bedrooms & bathrooms

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

Cooling

  • Cooling: Central Air

Appliances

  • Laundry: Inside, Laundry Room

Interior area

  • Living area: 1,603 sqft

Property

Parking

  • Total parking spaces: 2
  • Garage spaces: 2

Lot

  • Lot size: 2,000 sqft

Features

  • Pool features: Community, Association
  • View: Courtyard, Park Greenbelt, Lake

Construction

Type & style

  • Home type: Single-Family
  • Property subtype: Single Family Residence

Condition

  • Year built: 1998

Community & HOA

Community

  • Has HOA: Yes
  • HOA fee: $240/mo

Financial & listing details

  • Days on market: 79 days
  • Price / sqft: $686
  • Status: Active
  • MLS#: OC26093697

Location

  • City: Rancho Santa Margarita
  • ZIP: 92688

About this home

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.

Listing updated: June 7, 2026 at 3:18 PM

Listed by: Randy Ora, Berkshire Hathaway HomeService

Source: CRMLS, MLS#: OC26093697, Originating MLS: California Regional MLS

Location

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Rancho Santa Margarita

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Facts & features

Interior

Bedrooms & bathrooms

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

Cooling

  • Cooling: Central Air

Appliances

  • Laundry: Inside, Laundry Room

Interior area

  • Living area: 1,603 sqft

Property

Parking

  • Total parking spaces: 2
  • Garage spaces: 2

Lot

  • Lot size: 2,000 sqft

Features

  • Pool features: Community, Association
  • View: Courtyard, Park Greenbelt, Lake

Construction

Type & style

  • Home type: Single-Family
  • Property subtype: Single Family Residence

Condition

  • Year built: 1998

Community & HOA

Community

  • Has HOA: Yes
  • HOA fee: $240/mo

Financial & listing details

  • Days on market: 79 days
  • Price / sqft: $686
  • Status: Active
  • MLS#: OC26093697

Location

  • City: Rancho Santa Margarita
  • ZIP: 92688

Price history

DateEventPrice
4/30/2026Source: CRMLS, #OC26093697Listed for sale$1,099,000$686/sqft
California Regional Multiple Listing Service (CRMLS)

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. as of 2026-06-07 15:18:19 PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information