205 Montana del Lago Drive Rancho Santa Margarita, CA $ 1,029,000
205 Montana del Lago Drive
$ 1,029,000
Recently Listed
Open House 6/27 1pm - 3pm
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205 Montana del Lago Drive

Rancho Santa Margarita, CA, 92688
$ 1,029,000
Bedrooms4 Baths2.1 Sq 1,603

Monthly Estimate*

$ 6,497

Listed by REGENCY REAL ESTATE BROKERS
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Condo for sale in Rancho Santa Margarita, CA

for $1,029,000 with 4 bedrooms and 2 full baths, 1 half bath. This 1,603 square foot condo was built in 1998 on a lot size of 0.0436.

LOCATION, LOCATION, LOCATION- RSM LAKE (DETACHED). This stunning detached residence is move-in ready, impeccably maintained, and offering an exceptional opportunity to own in one of Rancho Santa Margarita's most coveted lakefront communities. Perfectly positioned next to beautiful Lake Rancho Santa Margarita, this highly sought-after floor plan features 4 spacious bedrooms, including a convenient main-level bedroom ideal for guests, multigenerational living, a private executive office, or fitness space. Step inside to soaring ceilings, abundant natural light, and an ambiance that creates an inviting atmosphere from the moment you enter. Designed for both everyday comfort and effortless entertaining, the beautiful kitchen displays a generous center island, abundant workspace, and a spacious casual dining area that flows seamlessly into the main living spaces. The expansive primary suite offers a peaceful retreat with dual vanities, an oversized walk-in shower, and generous closet space. Fresh interior paint throughout enhances the home's bright, clean, model-like presentation, allowing you to move right in and immediately enjoy everything this exceptional property has to offer. Outside, the private backyard is designed for relaxing and entertaining with custom decking, low-maintenance vinyl fencing, and mature trees that create a peaceful outdoor setting. The oversized two-car garage features extensive built-in storage, providing both functionality and organization. Location is everything, and this home truly delivers. Rancho Santa Margarita Lake is close to your front door, providing immediate access to miles of scenic walking trails, waterfront recreation, and one of Orange County's most desirable lifestyle communities. Enjoy resort-style amenities including multiple swimming pools, relaxing spas, the Beach Club & Lagoon, beautifully maintained parks, sports courts, playgrounds, and an extensive network of hiking and biking trails.

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Open House

6/27/2026 1:00 PM - 3:00 PM
6/28/2026 1:00 PM - 3:00 PM
205 Montana del Lago Drive Rancho Santa Margarita, CA
* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm

Condo Active

Price

$ 1,029,000

Bedrooms

4

Full Bath

2

Half Bath

1

Property Type

Condo

Taxes

$ 0

Style

Lot Size

0.0436

Year Built

1998

Town/City

Rancho Santa Margarita

County/Region

Orange

MLS | Web ID

LG26137962

Days on Market

6

Features
General
Living Area 1603
Sewer Public Sewer
Heating Central
Cooling Central Air
Appliances Dishwasher Disposal Gas Oven Water Heater
HOA Fee 240
Garage Spaces 2
Pool Features Community
Security Features Carbon Monoxide Detector(s)
Year Built 1998
View City Lights Hills
Levels Three Or More
Property Subtype Condominium
Community Features Biking Foothills Hiking Lake Storm Drain(s) Street Lights Sidewalks Pool
Accessibility Safe Emergency Egress from Home
HOA Fee 2 91
Assoc Fee Paid Per Monthly
County Orange
New Construction false
Property Type Residential
Association Amenities Clubhouse Sport Court Barbecue Playground Trail(s)
HOA true
Attached Garage true
Subdivision Name Cierra Del Lago (CDL)
Garage Y/N true
Full Baths 2
Special Listing Conditions Standard
Status Active
Directions Santa Margarita Parkway left to Avenida de las Fundadores
City Rancho Santa Margarita
Disclosures Covenants/Restrictions Disclosure HOA Disclosure
Association Name Cierro Del Lago
Entry Location 1
Senior Community Y/N false
High School District Saddleback Valley Unified
Number Of Units Total 1
MLS Area R1 - Rancho Santa Margarita North
Lot Size Units Square Feet
Lot Size Square Feet 1900
Listing Terms Cash Conventional FHA Submit VA Loan
Spa Features Community
HOA Fee 2 Frequency Monthly
Property Attached Y/N false
Land Lease Y/N false
Lease Considered Y/N false
Virtual Tour https://www.zillow.com/view-imx/ed5c1c3a-8cb6-4fec-bd2f-fc61042e16d2?wl=true&setAttribution=mls&initialViewType=pano https://www.zillow.com/view-imx/ed5c1c3a-8cb6-4fec-bd2f-fc61042e16d2?wl=true&setAttribution=mls&initialViewType=pano
Structure Type House
Living Area Units Square Feet
Standard Status Active
Occupancy Type Owner
Year Built Source Assessor
Tax Lot 6
Property Sub Type Additional Condominium
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Interior
Interior Amenities Ceiling Fan(s) Separate/Formal Dining Room High Ceilings Two Story Ceilings Bedroom on Main Level
Flooring Carpet Vinyl
Fireplace Features Living Room
Total Stories 3
Common Walls No Common Walls
Air Conditioning Y/N true
Heating Y/N true
Window Features Screens
Fireplace Y/N true
Half Baths 1
Laundry Features Laundry Room
Total Bedrooms 4
Entry Level 1
Main Level Bedrooms 1
Main Level Bathrooms 0
Total Baths 3
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Exterior
Parking Features Direct Access Garage
Lot Features 0-1 Unit/Acre Close to Clubhouse
Water Source Private
Total Parking 2
Lot Size Area 1900
Spa true
Lot Size Acres 0.0436
Private Pool false
Lot Size Source Estimated
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* Excluded Features
List By
Regency Real Estate Brokers

Broker

WILL@WILLSCOTTGROUP.COM

Email

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Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/24/2026$1,029,000 Listed Price

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205 Montana del Lago Drive, Rancho Santa Margarita, CA, 92688 is a Condo for sale at $1,029,000 with 1,603 sqft and a lot size of 0.0436. 205 Montana del Lago Drive has 4 bedrooms, 2.1 baths, and was built in 1998. The property's zip code is 92688 which is in Rancho Santa Margarita, CA