CnC Realty
1 / 45

$1,075,000

237 Montana del Lago Drive

Rancho Santa Margarita, CA 92688

Active

4

Beds

3

Baths

1,603

Sq. Ft.

1998

Year Built

Orange

County

SingleFamilyResidence

Property Type

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.

Listed by Randy Ora · DRE #01210081 · Berkshire Hathaway HomeService
MLS #1158792930
ListedApr 21, 2026

Property Details

Architecture

Stories3
StyleN/A
Total Units1
RoofN/A
Garage Spaces2
PoolN/A
SpaN/A

Features & Amenities

Interior FeaturesPrimary Suite
Exterior FeaturesN/A
FlooringN/A
CoolingCentral Air
HeatingN/A
FireplaceFamily Room, Kitchen, Primary Bedroom, Outside
LaundryInside, Laundry Room
Parking FeaturesN/A
Parking Total2
Patio & PorchN/A
Entry Level1
Entry Location1
Common WallsNo Common Walls

Property Features

Lot Size0.05 ac
Lot FeaturesBack Yard, Cul De Sac, Level
ViewCourtyard, Park Greenbelt, Lake
DirectionsSanta Margarita, Fundadores, Montana del Lago

Community

AreaR1 - Rancho Santa Margarita North
School DistrictSaddleback Valley Unified

Tax & Financial

TermsCash, Cash To New Loan
Land LeaseNo
HOA NameCierro Del Lago
HOA Fee$240 / Monthly

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Mortgage Estimate

$5,722/mo

20% down · 7% APR · 30-yr fixed

Estimate only. Does not include taxes, insurance, or HOA.

CRMLSLast updated: October 21, 2026 at 7:45 PM

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