Welcome to 246 Montana Del Lago Drive — a beautifully updated townhome ideally located in the tranquil lakeside community of Montana Del Lago in Rancho Santa Margarita. This rare corner unit offers the perfect blend of privacy, comfort, and convenience, just steps away from the lake, beach club, scenic walking trails, and all the lifestyle amenities this sought-after neighborhood provides.
Boasting approximately 1,350 square feet of living space, this thoughtfully designed three-bedroom, two-bathroom home features a light-filled, open-concept floor plan with soaring ceilings and upgraded finishes throughout. The main living area is warm and inviting, highlighted by rich laminate flooring, a cozy fireplace, and expansive windows that frame the surrounding greenery.
The remodeled kitchen offers granite countertops, a stainless steel sink, updated cabinetry, and direct access to the dining area — ideal for both casual meals and entertaining. Upstairs, the spacious primary suite serves as a private retreat, complete with ample closet space and an en-suite bathroom. Two additional bedrooms provide flexibility for guest rooms, a home office, or growing households.
Additional features include plush new carpeting in the bedrooms, an upgraded water softener system, inside laundry, and an attached two-car side-by-side garage with direct access, plus an extra parking pass for guests.
Residents enjoy access to the sparkling community pool and spa, as well as immediate proximity to Rancho Santa Margarita Lake, local parks, award-winning schools, and nearby shopping and dining options.
This is a rare opportunity to lease a turnkey home in one of Orange County’s most desirable neighborhoods — offering not just a residence, but a lifestyle.
Boasting approximately 1,350 square feet of living space, this thoughtfully designed three-bedroom, two-bathroom home features a light-filled, open-concept floor plan with soaring ceilings and upgraded finishes throughout. The main living area is warm and inviting, highlighted by rich laminate flooring, a cozy fireplace, and expansive windows that frame the surrounding greenery.
The remodeled kitchen offers granite countertops, a stainless steel sink, updated cabinetry, and direct access to the dining area — ideal for both casual meals and entertaining. Upstairs, the spacious primary suite serves as a private retreat, complete with ample closet space and an en-suite bathroom. Two additional bedrooms provide flexibility for guest rooms, a home office, or growing households.
Additional features include plush new carpeting in the bedrooms, an upgraded water softener system, inside laundry, and an attached two-car side-by-side garage with direct access, plus an extra parking pass for guests.
Residents enjoy access to the sparkling community pool and spa, as well as immediate proximity to Rancho Santa Margarita Lake, local parks, award-winning schools, and nearby shopping and dining options.
This is a rare opportunity to lease a turnkey home in one of Orange County’s most desirable neighborhoods — offering not just a residence, but a lifestyle.
Property Details
Price:
$3,750
MLS #:
OC25251058
Status:
Active
Beds:
3
Baths:
2
Type:
Single Family
Subtype:
Townhouse
Subdivision:
Montana Del Lago MDL
Neighborhood:
r1ranchosantamargaritanorth
Listed Date:
Oct 31, 2025
Finished Sq Ft:
1,344
Lot Size:
1,344 sqft / 0.03 acres (approx)
Year Built:
1990
See this Listing
Schools
School District:
Saddleback Valley Unified
Interior
Appliances
DW, GD, MW, GO, GR, FSR, WS
Bathrooms
2 Full Bathrooms
Cooling
CA
Flooring
TILE, WOOD, CARP
Heating
GAS, CF, FIR
Laundry Features
GE, IN, ICL
Exterior
Architectural Style
SPN
Community Features
SDW, STM, SL, SUB, CRB, FHL, LAKE, FISH, HIKI
Parking Spots
2
Roof
SPT
Financial
Map
Community
- Address246 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 Dec 12, 2025
53
Single Family Listed
41
Avg DOM
343
Avg $ / SqFt
$751,048
Avg List Price
Property Summary
- Located in the Montana Del Lago (MDL) subdivision, 246 Montana Del Lago DR Rancho Santa Margarita CA is a Single Family for sale in Rancho Santa Margarita, CA, 92688. It is listed for $3,750 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 $343. The average listing price for Single Family in Rancho Santa Margarita is $751,048.
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