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.
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.
Property Details
Price:
$925,000
MLS #:
OC26123254
Status:
Active
Beds:
3
Baths:
2
Type:
Condo
Subtype:
Condominium
Subdivision:
Montana Del Lago MDL
Neighborhood:
r1ranchosantamargaritanorth
Listed Date:
Jun 10, 2026
Finished Sq Ft:
1,344
Year Built:
1991
See this Listing
Schools
School District:
Capistrano Unified
Interior
Appliances
DW, GO
Bathrooms
2 Full Bathrooms
Cooling
CA
Heating
CF
Interior Features
CF, BL
Laundry Features
IN, UL, WH
Levels
U
Main Level Bathrooms
2
Main Level Bedrooms
3
Exterior
Architectural Style
MED
Attached Garage YN
1
Common Walls
_2CW
Community Features
SDW, STM, SL, CRB, FHL, LAKE, PARK, FISH, HIKI, BIKI
Garage Spaces
2
Parking Spots
2
Parking Total
2
Patio And Porch Features
PTO, OPN
View
HI, LA, PA, TW
Financial
HOA Fee
$648
HOA Fee 2
$91
HOA Fee 2 Frequency
MO
HOA Fee Frequency
MO
Map
Community
- Address169 Montana Del Lago Drive Rancho Santa Margarita CA
- SubdivisionMontana Del Lago (MDL)
- 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 14, 2026
56
Condo Listed
47
Avg DOM
675
Avg $ / SqFt
$668,961
Avg List Price
Property Summary
- Located in the Montana Del Lago (MDL) subdivision, 169 Montana Del Lago Drive Rancho Santa Margarita CA is a Condo for sale in Rancho Santa Margarita, CA, 92688. It is listed for $925,000 and features 3 beds, 2 baths, and has approximately 1,344 square feet of living space, and was originally constructed in 1991. The current price per square foot is $688. The average price per square foot for Condo listings in Rancho Santa Margarita is $675. The average listing price for Condo in Rancho Santa Margarita is $668,961.
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169 Montana Del Lago Drive
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