For Sale
Single family home for sale at 237 Montana Del Lago Dr, Rancho Santa Margarita, CA 92688 | MLS# OC26093697 | Listing updated on 2026-10-04
Photo 1 of Single family home for sale at 237 Montana Del Lago Dr, Rancho Santa Margarita, CA 92688 | MLS# OC26093697 | Listing updated on 2026-10-04
Photo 2 of Single family home for sale at 237 Montana Del Lago Dr, Rancho Santa Margarita, CA 92688 | MLS# OC26093697 | Listing updated on 2026-10-04
Photo 3 of Single family home for sale at 237 Montana Del Lago Dr, Rancho Santa Margarita, CA 92688 | MLS# OC26093697 | Listing updated on 2026-10-04
Photo 4 of Single family home for sale at 237 Montana Del Lago Dr, Rancho Santa Margarita, CA 92688 | MLS# OC26093697 | Listing updated on 2026-10-04
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Listed by: Randy Ora (949) 584-4466 DRE #01210081 | Berkshire Hathaway HomeService (949) 495-1800

$1,075,000

Monthly Est:$5,351

  • Beds Icon4 Beds
  • Beds Icon
    3 Baths
  • Beds Icon1,603sqft

237 Montana Del Lago Dr, Rancho Santa Margarita, CA 92688

$5,351/moEst:

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  • Single Family Residence

  • Built in 1998

  • $331/mo HOA

  • 2,000 sqft lot

  • $671/sq.ft

Description

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.

  • Houzeo last checked: 10 minutes ago
  • Listing updated: October 4, 2026 at 9:19 pm
  • Source: California Regional MLS-CA | MLS#: OC26093697 California Regional MLS-CA

Property Details

  • Status

    Active

  • Type

    Single Family Residence

  • No. of Stories

    3

  • County

    Orange County

  • City

    Rancho Santa Margarita

  • Neighborhood

    --

  • Year Built

    1998

  • HOA Fees

    $331/mo

  • Finished Area

    1,603 sqft

  • Lot Size

    2,000 sqft lot

  • Basement Area

    - sqft

  • MLS Name

    California Regional MLS

  • MLS Number

    OC26093697

  • MLS Status

    Active

  • Days on Market

    164

  • Cumulative Days on Market

    157

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Location

HOA Management

Cierro Del Lago

HOA Fees

$240/ Monthly

Samlarc

HOA Fees

$91/ Monthly

Amenities

Amenities and services may be covered by one or multiple associations and service providers.

Pool Pool

Disclaimer: Amenities are based on third-party information and may vary; buyers must independently verify all amenities, as information is deemed reliable but not guaranteed.

Facts & Features

Rooms

  • Bedrooms & bathrooms

    Bedrooms: 4

    Bathrooms: 3

Interior

  • Sewer

    Public Sewer

  • Interior Features

    Primary Suite

  • Cooling

    Central Air

Utilities & Energy

  • Water Source

    Public

  • Pool Features

    Community, Association

  • Fireplace Features

    Family Room, Kitchen, Primary Bedroom, Outside

  • Laundry Features

    Inside, Laundry Room

  • Association Amenities

    Pool

Other Features

  • Lot Features

    Back Yard, Cul De Sac, Level

  • Subdivision Name

    Montana Del Lago (mdl)

  • Community Features

    Storm Drains, Pool

Price History

DateEventPrice

04/30/2026

Source: mls_logoCalifornia Regional MLS-CA #OC26093697

Listed for Sale

$1,099,000 +2.23%

$686/sqft

04/30/2026

Source: mls_logoCalifornia Regional MLS-CA #OC26093697

Price Decreased

$1,075,000 -2.18%

$671/sqft

04/30/2026

Source: mls_logoCalifornia Regional MLS-CA #OC26093697

Price Increased

$1,099,000 +34243.75%

$686/sqft

02/18/2020

Source: mls_logoCalifornia Regional MLS-CA #OC20003033

Price Decreased

$3,200 -99.48%

$2/sqft

01/01/2020

Source: mls_logoCalifornia Regional MLS-CA #OC19261383

Price Decreased

$615,000 -1.60%

$384/sqft

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Nearby Homes

Based on information from California Regional Multiple Listing Service, Inc. as of Oct 11, 2026, 09:00PM 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. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 California Regional Multiple Listing Service. All Rights Reserved.

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