Experience the best of lakeside living in one of Montana Del Lago’s premier waterfront residences on Santa Margarita Lake. Spectacular panoramic lake views, an attached side-by-side two-car garage, and a highly desirable upper-level floor plan with all bedrooms and main living areas on one level make this an exceptional offering in one of Rancho Santa Margarita’s most sought-after communities.
Wake each morning to tranquil lake views from the primary suite and enjoy picturesque vistas from the living room, dining area, kitchen, balcony, and an additional bedroom. More than just a beautiful view, the exceptional waterfront setting creates an atmosphere of serenity that enhances everyday living.
Thoughtfully updated throughout, the home features a beautifully renovated contemporary primary shower, newer carpeting, fresh interior paint, upgraded lighting, a smart entry lock, and Milgard windows and a Milgard sliding glass door. The open-concept kitchen flows seamlessly into the dining and living areas, maximizing the home’s stunning waterfront setting.
The lake-view balcony is the perfect place to enjoy your morning coffee, read a favorite book, or simply relax while overlooking the sparkling waters of Santa Margarita Lake.
Residents enjoy Montana Del Lago’s recently renovated pool, along with SAMLARC amenities including the Beach Club Lagoon, multiple pools, parks, playgrounds, sports courts, fishing, scenic walking paths, community events, summer concerts, and holiday celebrations.
Ideally located near shopping, dining, parks, and trails, this exceptional home offers the perfect blend of waterfront living, thoughtful updates, and everyday convenience. A home where spectacular views and an exceptional lifestyle become part of everyday living.
Wake each morning to tranquil lake views from the primary suite and enjoy picturesque vistas from the living room, dining area, kitchen, balcony, and an additional bedroom. More than just a beautiful view, the exceptional waterfront setting creates an atmosphere of serenity that enhances everyday living.
Thoughtfully updated throughout, the home features a beautifully renovated contemporary primary shower, newer carpeting, fresh interior paint, upgraded lighting, a smart entry lock, and Milgard windows and a Milgard sliding glass door. The open-concept kitchen flows seamlessly into the dining and living areas, maximizing the home’s stunning waterfront setting.
The lake-view balcony is the perfect place to enjoy your morning coffee, read a favorite book, or simply relax while overlooking the sparkling waters of Santa Margarita Lake.
Residents enjoy Montana Del Lago’s recently renovated pool, along with SAMLARC amenities including the Beach Club Lagoon, multiple pools, parks, playgrounds, sports courts, fishing, scenic walking paths, community events, summer concerts, and holiday celebrations.
Ideally located near shopping, dining, parks, and trails, this exceptional home offers the perfect blend of waterfront living, thoughtful updates, and everyday convenience. A home where spectacular views and an exceptional lifestyle become part of everyday living.
Property Details
Price:
$899,000
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, LRBA, BL
Laundry Features
IN, UL, WH
Levels
U
Main Level Bathrooms
2
Main Level Bedrooms
3
Exterior
Accessibility Features
PK
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
Waterfront Features
OL, LAK
Window Features
INSW, DPW
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 Aug 18, 2026
57
Condo Listed
48
Avg DOM
647
Avg $ / SqFt
$706,987
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 $899,000 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 $669. The average price per square foot for Condo listings in Rancho Santa Margarita is $647. The average listing price for Condo in Rancho Santa Margarita is $706,987.
Similar Listings Nearby
169 Montana Del Lago Drive
Rancho Santa Margarita, CA


