Rancho Santa Margarita Lakefront Living! Enjoy spectacular panoramic lake and resort-style community pool views from this beautiful end-unit condo in the highly desirable Montana Del Lago community. This spacious home features 3 bedrooms, 2 bathrooms, a 2-car attached garage, and a full-size interior laundry area. The refrigerator, washer, and dryer are all included for your convenience.
The open floor plan is filled with natural light and opens to a private entertainer’s balcony, the perfect place to relax, entertain, or simply take in the breathtaking lake and pool views. Walk out your front door and, within just a few steps, you’ll reach the lake with scenic walking paths leading to shops, restaurants, entertainment, and more.
Residents enjoy a resort-style community pool and spa, along with picnic areas, offering the ultimate Southern California lifestyle. This is a rare opportunity to lease a premier lakefront home in the highly sought-after Rancho Santa Margarita.
Good credit (750+), verifiable income, and adequate cash reserves are required.
The open floor plan is filled with natural light and opens to a private entertainer’s balcony, the perfect place to relax, entertain, or simply take in the breathtaking lake and pool views. Walk out your front door and, within just a few steps, you’ll reach the lake with scenic walking paths leading to shops, restaurants, entertainment, and more.
Residents enjoy a resort-style community pool and spa, along with picnic areas, offering the ultimate Southern California lifestyle. This is a rare opportunity to lease a premier lakefront home in the highly sought-after Rancho Santa Margarita.
Good credit (750+), verifiable income, and adequate cash reserves are required.
Property Details
Price:
$4,200
MLS #:
OC26140247
Status:
Active
Beds:
3
Baths:
2
Type:
Single Family
Subtype:
Condominium
Subdivision:
Montana Del Lago MDL
Neighborhood:
r1ranchosantamargaritanorth
Listed Date:
Jun 26, 2026
Finished Sq Ft:
1,344
Year Built:
1990
See this Listing
Schools
School District:
Saddleback Valley Unified
Elementary School:
Trabuco Mesa
Middle School:
Rancho Santa Margarita
High School:
Trabuco Hills
Interior
Appliances
DW, GD, MW, GO, GR, GS, WHU
Bathrooms
2 Full Bathrooms
Cooling
CA
Flooring
LAM, CARP
Heating
FA, CF, FIR
Interior Features
RECL, LRBA, LRDA, BL, CC, HCEL
Laundry Features
IN, ICL, WH
Levels
C
Main Level Bathrooms
2
Main Level Bedrooms
3
Exterior
Accessibility Features
NIS
Architectural Style
MED
Attached Garage YN
1
Common Walls
NOA, _2CW, EU
Community Features
SDW, SL, SUB, CRB, CW, GOLF, LAKE, PARK, FISH, HIKI, BIKI, DGP
Construction Materials
STC
Direction Faces
E
Exterior Features
RG
Fencing
WD
Garage Spaces
2
Parking Spots
2
Parking Total
2
Roof
TLE
Security Features
SD, COD
Spa Features
AS, HT, IG, COM
View
LA, MT, PA, PL, WA, NE
Waterfront Features
OL, LAK
Window Features
BLI, SCR, DPW
Financial
Map
Community
- Address181 Montana Del Lago DR 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 Single Family in Rancho Santa Margarita as of Jul 05, 2026
67
Single Family Listed
52
Avg DOM
423
Avg $ / SqFt
$982,731
Avg List Price
Property Summary
- Located in the Montana Del Lago (MDL) subdivision, 181 Montana Del Lago DR Rancho Santa Margarita CA is a Single Family for sale in Rancho Santa Margarita, CA, 92688. It is listed for $4,200 and features 3 beds, 2 baths, and has approximately 1,344 square feet of living space, and was originally constructed in 1990. The current price per square foot is $3. The average price per square foot for Single Family listings in Rancho Santa Margarita is $423. The average listing price for Single Family in Rancho Santa Margarita is $982,731.
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181 Montana Del Lago DR
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