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.
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.
Property Details
Price:
$1,029,000
MLS #:
LG26137962
Status:
Active
Beds:
4
Baths:
3
Type:
Condo
Subtype:
Condominium
Subdivision:
Cierra Del Lago CDL
Neighborhood:
r1ranchosantamargaritanorth
Listed Date:
Jun 24, 2026
Finished Sq Ft:
1,603
Lot Size:
1,900 sqft / 0.04 acres (approx)
Year Built:
1998
See this Listing
Schools
School District:
Saddleback Valley Unified
Interior
Appliances
DW, GD, GO, WHU
Bathrooms
2 Full Bathrooms, 1 Half Bathroom
Cooling
CA
Flooring
VINY, CARP
Heating
CF
Interior Features
CF, TSCE, HCEL
Laundry Features
IR
Levels
C
Main Level Bedrooms
1
Exterior
Accessibility Features
_2AE
Attached Garage YN
1
Common Walls
NCW
Community Features
SDW, STM, SL, FHL, LAKE, HIKI, BIKI
Garage Spaces
2
Parking Spots
2
Parking Total
2
Security Features
COD
Spa Features
COM
View
CI, HI
Window Features
SCR
Financial
HOA Fee
$240
HOA Fee 2
$91
HOA Fee 2 Frequency
MO
HOA Fee Frequency
MO
Map
Community
- Address205 Montana del Lago Drive Rancho Santa Margarita CA
- SubdivisionCierra Del Lago (CDL)
- CityRancho Santa Margarita
- CountyOrange
- Zip Code92688
Subdivisions in Rancho Santa Margarita
- Arroyo Vista AV
- Ballantree BALT
- Belflora BLF
- Bella Ventana BVT
- Belterraza BTR
- Brisa del Lago I BD
- Brisa del Lago II BDII
- Cabo Vista CVS
- Cabrillo Vista CAVI
- California Del Sol CDS
- Cantobrio I R1 CB1
- Castile CAST
- Cierra Del Lago CDL
- Corte Melina CM
- Cresta Vista CRV
- Estrella Vista ESV
- Fairway Estates DCFE
- Fairway Ridge DFR
- Fieldstone Classics FLCL
- Granada GRN
- Greystone Arbor GRAR
- Lakeridge DLR
- Las Flores R1 LF
- Las Flores R2 LF
- Laurels DLAU
- Los Abanicos LOSA
- Los Paseos LOPA
- Los Portillos LSP
- Lyon Promenade LYPM
- Mission Courts R1 MC
- Mission Greens R1 MG
- Montana Del Lago MDL
- Montecito MO
- Montilla MNT
- Oaks DOK
- Ranchwood R2 RW
- Sea Country SEAC
- Serabrisa SRB
- Sonoma Court SCT
- Sterling Heights DSH
- Summit Crest DSC
- Terracina TERC
- Tierra Montanosa TIEM
- Tijeras Creek Villas TCV
- Trabuco – Elms THE
- Trabuco – Homestead THH
- Traditions TRAD
- Valle Vista VLV
- Veranda VERA
- Vista Ladera R2 VL
- Warmington Homes DWH
Market Summary
Current real estate data for Condo in Rancho Santa Margarita as of Jun 26, 2026
56
Condo Listed
48
Avg DOM
672
Avg $ / SqFt
$672,377
Avg List Price
Property Summary
- Located in the Cierra Del Lago (CDL) subdivision, 205 Montana del Lago Drive Rancho Santa Margarita CA is a Condo for sale in Rancho Santa Margarita, CA, 92688. It is listed for $1,029,000 and features 4 beds, 3 baths, and has approximately 1,603 square feet of living space, and was originally constructed in 1998. The current price per square foot is $642. The average price per square foot for Condo listings in Rancho Santa Margarita is $672. The average listing price for Condo in Rancho Santa Margarita is $672,377.
Similar Listings Nearby
205 Montana del Lago Drive
Rancho Santa Margarita, CA


