Skip to main content
Take a 3D virtual tour of this home.Virtual tour
Rancho Santa Margarita, CA

$899,000

169 Montana Del Lago Drive, Rancho Santa Margarita, CA
3
Beds
2
Baths
1,344
Sq Ft
1991
Built
44
Days listed

About this home

Experience the best of lakeside living in one of Montana Del Lago’s premier waterfront residences on Santa Margarita Lake. Spectacular panoramic lake views, an attached side-by-side two-car garage, and a highly desirable upper-level floor plan with all bedrooms and main living areas on one level make this an exceptional offering in one of Rancho Santa Margarita’s most sought-after communities. Wake each morning to tranquil lake views from the primary suite and enjoy picturesque vistas from the living room, dining area, kitchen, balcony, and an additional bedroom. More than just a beautiful view, the exceptional waterfront setting creates an atmosphere of serenity that enhances everyday living. Thoughtfully updated throughout, the home features a beautifully renovated contemporary primary shower, newer carpeting, fresh interior paint, upgraded lighting, a smart entry lock, and Milgard windows and a Milgard sliding glass door. The open-concept kitchen flows seamlessly into the dining and living areas, maximizing the home’s stunning waterfront setting. The lake-view balcony is the perfect place to enjoy your morning coffee, read a favorite book, or simply relax while overlooking the sparkling waters of Santa Margarita Lake. Residents enjoy Montana Del Lago’s recently renovated pool, along with SAMLARC amenities including the Beach Club Lagoon, multiple pools, parks, playgrounds, sports courts, fishing, scenic walking paths, community events, summer concerts, and holiday celebrations. Ideally located near shopping, dining, parks, and trails, this exceptional home offers the perfect blend of waterfront living, thoughtful updates, and everyday convenience. A home where spectacular views and an exceptional lifestyle become part of everyday living.

Facts & features

Interior
Bedrooms
3
Bathrooms
2 full
Living area
1,344 sq ft
Interior features
Balcony, Ceiling Fans, All Bedrooms Up, Walk In Closets
Appliances
Dishwasher, Gas Oven
Fireplace
None
Heating
Central
Cooling
Central Air
Laundry
Washer Hookup, Inside, Upper Level
Levels
Two
Exterior & lot
Pool
Community, Association
View
Hills, Lake, Panoramic, Trees Woods
Architectural style
Mediterranean
Year built
1991
Parking
Garage, See Remarks, Side By Side
Parking spaces
2
Community
Area
R 1 - Rancho Santa Margarita North
County
Orange
Community features
Biking, Curbs, Foothills, Fishing, Hiking, Lake, Park, Storm Drains, Street Lights, Sidewalks, Pool
HOA fee
$648/mo
Listing details
Status
Active
Property type
Condominium
Days on market
44
Listed
2026-05-14
Original price
$925,000
Terms
Cash, Conventional, Submit
Parcel #
93083071
MLS #
OC26123254
Listed by
Sara Martin · Regency Real Estate Brokers

Location

Price history

Listed
$925,000 · 2026-05-14
Price reduced
$899,000 (−$26,000)
Days on market
44
Current price
$899,000
Financing

Could this home be yours?

Estimated monthly payment
$5,640
$4,546 principal & interest · $1,094 taxes & insurance
$179,800
Estimate only
Loan $719,200

Estimates only and not a loan offer. Property tax and insurance vary by location. Get pre-qualified below for your actual rate and payment.

Qualify for this home

Get pre-qualified with Your Agent and see your real rate and payment — no obligation.

Own a home?

What's your home worth?

Estimated value range nearby
$817,404$959,561

A rough estimate from current nearby price-per-square-foot — not an appraisal. A precise valuation considers condition, upgrades and recent sales.

Get a free home valuation

Thinking of selling? Your Agent will prepare an accurate, no-obligation valuation and selling consultation.

Similar homes in Rancho Santa Margarita

See all homes in Rancho Santa Margarita

Listing data provided by CRMLS

Listing courtesy of Regency Real Estate Brokers. © 2026. The multiple listing data appearing on this website is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. All data, including but not limited to 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. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. Last updated July 26, 2026 Equal Housing Opportunity.

Thinking about a move? Your Agent can help — get tailored listings & honest advice.