
237 Montana del Lago Drive, Rancho Santa Margarita, CA 92688
237 Montana del Lago Drive, Rancho Santa Margarita, CA 92688
Property Description
Rare Lakefront View Property — Entertainer’s Paradise - A truly rare opportunity to own one of the few properties with a direct view of the beautiful RSM Lake. This exceptional detached condo offers a highly desirable location just steps from the lake, swimming lagoon, shops, restaurants, and the very best of Rancho Santa Margarita living. Beautifully upgraded throughout, the home features 3 bedrooms plus a basement that could easily serve as a 4th bedroom, office, gym, media room, or flexible living space. The interior is warm, elegant, and move-in ready, with rich dark wood floors throughout, upgraded baseboards, plantation shutters, custom paint, custom light fixtures, surround sound, and a welcoming fireplace. The kitchen has been thoughtfully enhanced with custom cabinetry, all-new stone countertops, and new stainless steel appliances, creating a refined and functional space for everyday living and entertaining. The bathrooms have also been tastefully upgraded, adding to the home’s polished, turnkey appeal. The spacious primary suite includes a walk-in closet, while additional conveniences include the refrigerator, washer and dryer, LeafFilter rain gutter system, new A/C installed in 2019, and storage cabinets in the garage. The backyard is a private and meticulous retreat, finished with elegant gray slate tile and a beautiful fountain—perfect for relaxing, dining outdoors, or entertaining guests. With its rare lake-view setting, upgraded interior, flexible floor plan, and walkable lifestyle location, this is a truly special property offering comfort, style, and convenience in one of Rancho Santa Margarita’s most desirable settings. Property is considered a detached condo.
Features & Amenities
Property Details
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Comparative Market Analysis
Residential Tier · 5 active · 5 closed
Rancho Santa Margarita · Single Family Residence
Listed in line with the median closed sale of $1,075,000.
Price Position
Aligned with the market — fair pricing for the comps.
Active Properties (5)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 15 Legacy Way | Rancho Santa Margarita | 1998 | 4 | 3 | 1,689 | 3,120 | $651 | $1.10M | 37 | 89 |
| 27 Tradition | Rancho Santa Margarita | 1998 | 3 | 3 | 1,741 | 2,805 | $659 | $1.15M | 72 | 86 |
| 35 Via Encanto | Rancho Santa Margarita | 1993 | 3 | 3 | 1,723 | 2,800 | $566 | $975,000 | 65 | 85 |
| 36 Ametrine | Rancho Santa Margarita | 1999 | 4 | 3 | 1,758 | 3,473 | $654 | $1.15M | 19 | 84 |
| 21 Calle Vaqueta | Rancho Santa Margarita | 1987 | 4 | 3 | 1,602 | 4,500 | $724 | $1.16M | 62 | 80 |
| Total: 5 · Average | 3.6 | 3.0 | 1,702.6 | 3,339.6 | $650.8 | $1.11M | 51 | |||
| Median | 1,723 | $1.15M | ||||||||
Closed Properties (5)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 9 Paseo Dalia | Rancho Santa Margarita | 1996 | 07/31/2026 | 3 | 3 | 1,574 | 2,275 | $1.08M | $1.06M | $673 | 0.98 | 26 | 92 |
| 7 PASEO SIMPATICO | Rancho Santa Margarita | 1998 | 08/14/2026 | 3 | 3 | 1,500 | 2,584 | $1.15M | $1.10M | $733 | 0.96 | 119 | 89 |
| 45 Paseo Vespertino | Rancho Santa Margarita | 1999 | 08/07/2026 | 3 | 3 | 1,735 | 2,838 | $1.22M | $1.22M | $706 | 1.00 | 55 | 86 |
| 24 Calle Fortuna | Rancho Santa Margarita | 1996 | 08/13/2026 | 3 | 3 | 1,574 | 3,200 | $999,999 | $1.01M | $645 | 1.01 | 33 | 85 |
| 2 Daybreak | Rancho Santa Margarita | 1998 | 09/01/2026 | 3 | 3 | 1,610 | 3,795 | $1.07M | $1.07M | $668 | 1.00 | 32 | 81 |
| Total: 5 · Average | 3.0 | 3.0 | 1,598.6 | 2,938.4 | $1.09M | $1.09M | $685 | — | 53 | ||||
| Median | 1,574 | $1.07M | $1.07M | ||||||||||
Market Analysis
List vs Sale $/SqFt
Sale Price Trend
Days on Market
Sale vs List Price
This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.