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248 Montana Del Lago Drive

Rancho Santa Margarita, CA 92688

2 beds
3 baths
1,306 sqft
~1 acre lot
$574 per sqft
1992 build
– on site

New AC unit installed. Welcome to 248 Montana Del Lago Drive, a beautifully updated 2-bedroom, 2.5-bathroom condo nestled in the heart of Rancho Santa Margarita. This 1,306 square-foot residence offers an open floor plan featuring dual master suites, each with its own full bathroom, and a convenient half bath on the main living level. Recent upgrades enhance the home's appeal, including new sinks, countertops, wood flooring, and fresh interior paint. The light-filled living and dining areas boast a cozy fireplace and newer laminate wood flooring, creating a warm and inviting atmosphere. The kitchen, equipped with updated faucets and appliances, features an eat-in nook and a balcony where you can enjoy natural light and a refreshing breeze. Additional improvements include new tile and trim in the second bathroom, water-efficient toilets in all bathrooms, new blinds on all windows, child tamper-proof outlets downstairs, bug-proof screens upstairs and on the sliding door, a remodeled master bathroom, and a recently replaced water heater. The attached 2-car tandem garage provides ample storage space, and with no neighbors above or below, you'll enjoy added privacy. The community offers resort-style amenities, including a pool, spa, and access to the Beach Club with fun activities. Located just steps away from the pool, lake, restaurants, and shopping centers, and close to Tijeras Creek Golf Course and hiking and biking trails, this home provides the perfect blend of comfort and convenience. Belonging to the highly-rated Saddleback Valley Unified School District and with no Mello Roos, this property is a must-see. Fire place decorative.

Listed By CRMLS_CA / Max Lindenberger / HomeSmart, Evergreen Realty / 949-813-6812

Last checked: Checking… • Last updated Mar 18, 2025 •

MLS# OC25025814 —

The Building

Year Built:

1992
Year Built Source:

Estimated
New Construction:

No
Total Number Of Units:

1
Structure Type:

House
Stories Total:

3
Entry Level:

2
Common Walls:

2+ Common Walls

Interior

Features:

2 Staircases, Balcony
Levels:

Three Or More
Entry Location:

Front door and garage
Room Type:

All Bedrooms Up, Jack & Jill
Living Area Units:

Square Feet
Living Area Source:

Assessor
Fireplace:

Yes
Fireplace:

Gas
Laundry:

In Garage, Washer Hookup
Laundry:

1

Room Dimensions

Living Area:

1306.00

Location

Directions:

RSM Parkway turn into Ave De Los Fundadores towards the lake, turn right to Montana Del Lago
Latitude:

33.64969100
Longitude:

-117.58535600

The Property

Property Type:

Residential
Subtype:

Condominium
Lot Size Area:

42046.0000
Lot Size Acres:

0.9652
Lot Size SqFt:

42046.00
Lot Size Source:

Assessor
View:

1
View:

Hills, Mountain(s), Neighborhood
Exclusions:

Items in garage, Furniture in home, TVs on wall, Bed Frames in rooms
Property Attached:

1
Additional Parcels:

No
Land Lease:

No
Lease Considered:

No

Listing Agent

Contact info:

Taxes

Tax Census Tract:

320.51
Tax Tract:

13666
Tax Lot:

4

Beds

Total Bedrooms:

2

Baths

Total Baths:

3
Bathroom Features:

Bathtub, Shower
Full & Three Quarter Baths:

2
Main Level Baths:

1
Full Baths:

2
Half Baths:

1

The Listing

Special Listing Conditions:

Standard
Parcel Number:

93083031

Heating & Cooling

Heating:

1
Heating:

Central
Cooling:

Yes
Cooling:

Central Air

Utilities

Sewer:

Public Sewer
Water Source:

Public

Appliances

Appliances:

Dishwasher
Included:

Yes

Schools

High School District:

Saddleback Valley Unified

The Community

Subdivision:

Montana Del Lago (MDL)
Subdivision:

Montana Del Lago (MDL)
Units in the Community:

124
Features:

Biking, Curbs, Lake
Association Amenities:

Pool, Spa/Hot Tub, Barbecue, Outdoor Cooking Area, Playground, Biking Trails, Electricity, Pets Permitted, Call for Rules
Association:

Montana Del Lago
Association:

Yes
Association Fee:

$510
Association Fee 2:

87.00
Association Fee Frequency:

Monthly
Pool:

Association, Community
Senior Community:

No
Private Pool:

No
Assessments:

No
Assessments:

None

Parking

Parking Spaces:

2.00
Attached Garage:

Yes
Garage Spaces:

2.00

Monthly cost estimate

Asking price

$749,995

Expense	Monthly cost
Mortgage	$4,015
Taxes	N/A
Insurance	$206
HOA fees	$597
Utilities	$141 See report
Total	$4,959/mo.^*
	^*This is an estimate

Explore the Area

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From

Walk Score®

Provided by WalkScore® Inc.

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Soundscore™

Provided by HowLoud

Air Pollution Index

Provided by ClearlyEnergy

Sale history

Date	Event	Source	Price	% Change
2/5/25 Feb 5, 2025	Listed / Active	CRMLS_CA	$749,995

47% of nearby similar homes sold for over asking price

Similar homes that sold in bidding wars went $10k above asking price on average, but some went as high as $86k over asking price.

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This condo located in Montana del Lago, Rancho Santa Margarita, CA 92688 is currently for sale for $749,995. 248 Montana Del Lago Drive is a 1,306 square foot condo with 2 beds and 3 baths that has been on Estately for 42 days. 248 Montana Del Lago Drive is in the Montana del Lago neighborhood of Rancho Santa Margarita and has a WalkScore® of 73, making it very walkable. This condo is in the attendance area of Trabuco Hills High School.

Listing Courtesy of: CRMLS_CA and HomeSmart, Evergreen Realty. Based on information from California Regional Multiple Listing Service, Inc. as of 13:21 on Mar 19.

This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.