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Rancho Santa Margarita, CA

$1,099,000

237 Montana del Lago Drive, Rancho Santa Margarita, CA
4
Beds
3
Baths
1,603
Sq Ft
1998
Built
38
Days listed

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.

Facts & features

Interior
Bedrooms
4
Bathrooms
2 full, 1 half
Living area
1,603 sq ft
Interior features
Primary Suite
Fireplace
Family Room, Kitchen, Primary Bedroom, Outside
Cooling
Central Air
Laundry
Inside, Laundry Room
Levels
Three Or More
Exterior & lot
Lot size
0.046 acres (2,000 sq ft)
Pool
Community, Association
View
Courtyard, Park Greenbelt, Lake
Year built
1998
Parking spaces
2
Community
Area
R 1 - Rancho Santa Margarita North
County
Orange
Community features
Storm Drains, Pool
HOA fee
$240/mo
Listing details
Status
Active
Property type
Single Family Residence
Days on market
38
Listed
2026-04-21
Terms
Cash, Cash To New Loan
Parcel #
93083178
MLS #
OC26093697
Listed by
Randy Ora · Berkshire Hathaway HomeService

Location

Price history

Listed
$1,099,000 · 2026-04-21
Days on market
38
Current price
$1,099,000
Financing

Could this home be yours?

Estimated monthly payment
$6,894
$5,557 principal & interest · $1,337 taxes & insurance
$219,800
Estimate only
Loan $879,200

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Estimated value range nearby
$889,793$1,044,539

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Listing data provided by CRMLS

Listing courtesy of Berkshire Hathaway HomeService. © 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 27, 2026 Equal Housing Opportunity.

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