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About This Home

This 3-bedroom, 2-bathroom condo at 169 Montana Del Lago Drive in Rancho Santa Margarita, CA is listed for $925,000 ($688 per sqft). Built in 1991, the home offers 1,344 sqft of living space on a N/A lot.

Agent Description

Rare opportunity to own a lakefront residence on the shores of Santa Margarita Lake within the highly sought-after Montana Del Lago community. Perfectly positioned along the water’s edge, this thoughtfully updated 3-bedroom, 2-bath residence showcases stunning lake views from the living room, dining area, balcony, and two bedrooms. A highly desirable floor plan places all bedrooms and living spaces on the upper level, offering the comfort and convenience of single-level living.

The home has been thoughtfully updated with a beautifully renovated contemporary primary shower, newer carpeting, fresh interior paint, contemporary lighting enhancements, a smart entry lock, and other tasteful improvements. The open-concept kitchen offers upgraded finishes and overlooks the dining area and living room, where gorgeous lake views create a bright and inviting atmosphere. Milgard windows and a Milgard sliding glass door further enhance the home’s connection to its picturesque waterfront setting.

Additional highlights include an expansive lake-view balcony offering an elevated vantage point to enjoy the scenic lake and surrounding community. Completing the residence is an attached two-car garage, providing both convenience and functionality.

Residents enjoy access to Montana Del Lago’s recently renovated pool and resort-style amenities, along with membership in SAMLARC, featuring the Beach Club Lagoon, multiple pools, parks, playgrounds, sports courts, fishing, community events, summer concerts, holiday celebrations, and a wide variety of recreational programs throughout the year.

Ideally situated near shopping, dining, parks, trails, and Rancho Santa Margarita’s renowned community amenities, this exceptional residence offers convenient access to the best of the area’s recreational and lifestyle offerings. Combining true lakefront living, stunning views, thoughtful updates, and an exceptional lifestyle, this is an opportunity to own a premier waterfront residence in one of Rancho Santa Margarita’s most desirable locations. A truly special offering where beautiful lake views and an exceptional lakeside lifestyle come together.

Key Features

  • Built in 1991
  • 2 stories
  • 2 parking spaces

Property Details

2 stories
2 full
2 spaces
1991

Amenities

View

Monthly Cost Estimate

$4,947/mo

20% down · 6.5% · 30 years

Principal$669
Interest$4,008
Insurance$270

Estimates only. Actual payments may vary.

Location

169 Montana Del Lago Drive

Rancho Santa Margarita, CA 92688

Montana Del Lago (MDL)

Features & Amenities

Interior Features

BalconyCeiling Fan(s)

Exterior Features

Community Features Included: CurbsBikingHikingFishingFoothillsLakeStreet LightsStorm DrainsSidewalksPark

Property Details

Views

HillsLakePanorama

Heating

Central

Cooling

Central Air

Appliances

DishwasherOven - GasWasher

Questions & Answers

This 3-bedroom, 2-bathroom condo at 169 Montana Del Lago Drive is listed at $925,000 ($688/sqft). The estimated monthly payment is $4,008 based on 20% down at 6.5% interest.

Key features include: Built in 1991, 2 stories, 2 parking spaces. Interior Features: Balcony, Ceiling Fan(s). Exterior Features: Community Features Included: Curbs, Biking, Hiking.

This property is listed by Sara Martin and can be reached at 9498724155 or sara@saramartinhomes.com.

SM

Sara Martin

Agent at Regency Real Estate Brokers

(949) 872-4155

Listed by Regency Real Estate Brokers · View on Broker Site

MLS# OC26123254· Source: listhub· Updated 2 days ago

Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

169 Montana Del Lago Drive, Rancho Santa Margarita, CA 92688

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