12 Montana Del Lago Drive 168, Rancho Santa Margarita, California 92688, Rancho Santa Margarita, 92688 - 3 bed, 2 bath
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Rancho Santa Margarita, California 92688
This Beautifully Updated Lakefront Condominium is listed at $808,000, positioned well below the $816,498 Fair Market Value by 1%. This valuation provides $8,498 in Instant Equity for a move-in ready asset. Boasting a Condition Score of 3, the home features modern laminate flooring, a refreshed fireplace, and a rare side-by-side garage. Residents enjoy Top-Rated Schools and exclusive SAMLARC Beach Lagoon access within a premier lakefront community. This turnkey residence is an exceptional find for growing families or first-time buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 12 Montana Del Lago Drive 168 Subject | $808,000* List Price | 3 | 2 | 1,344 | $608 | - |
A 92 Montana Del Lago Sold | $664,322 | 3 | 2 | 1,131 | $587 | 0.0 mi |
B 28 Montana Del Lago Sold | $735,000 | 2 | 3 | 1,440 | $510 | 0.0 mi |
C 231 Montana Del Lago Sold | $1,049,000 | 3 | 3 | 1,600 | $656 | 0.1 mi |
D 29 Carnation 64 Sold | $929,900 | 3 | 3 | 1,325 | $702 | 0.3 mi |
E 26 Via Cordoba Sold | $699,900 | 2 | 2 | 1,367 | $512 | 0.6 mi |
F 47 Via Lavendera Sold | $695,000 | 2 | 2 | 1,010 | $688 | 0.2 mi |
G 273 Montana Del Lago Active Under Contract | $975,000 List Price | 3 | 3 | 1,529 | $638 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and features significant cosmetic updates including modern laminate flooring throughout, upgraded light fixtures, and a refreshed fireplace. While the home was built in 1992, the interior has been well-maintained and styled to meet current trends. The kitchen features stainless steel appliances and painted cabinetry with updated hardware; however, the retention of 1990s-style square tile countertops and the age of the primary structure prevent an 'excellent' rating. Overall, it is a high-quality, well-maintained home that does not require immediate renovation.
Located in the prestigious Montana Del Lago community, this property offers exceptional resort-style amenities including lake access, proximity to the SAMLARC Beach Lagoon, and scenic walking paths.
The home is move-in ready, featuring a refreshed open-concept layout with updated laminate flooring, upgraded light fixtures, a new chandelier, and a stylishly modernized fireplace.
The rare side-by-side garage with direct access and integrated upper storage provides a level of convenience and utility seldom found in standard condominium floor plans.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =52296, other record lot size in square feet = 1451. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
The association fee of $528.93 is relatively high, which increases the monthly carrying costs and may impact the overall affordability for budget-conscious buyers.
While the interior is aesthetically updated, the 1992 construction suggests that core infrastructure and mechanical systems may be approaching the end of their typical functional lifespan.
Located in the highly desirable lakefront community of Montana Del Lago, this beautifully updated condominium showcases a rarely available floor plan and is priced to sell. The open-concept layout is filled with abundant natural light, featuring spacious living and dining areas that flow seamlessly together, highlighted by a new chandelier and direct access to a private balcony, perfect for relaxing or entertaining. The home is enhanced with updated laminate flooring throughout, upgraded light fixtures, and a refreshed fireplace that adds warmth and style. The primary suite offers a private en-suite bathroom for added comfort, while the secondary bedrooms are generously sized and complete with ceiling fans. Additional features include a side-by-side garage with upper storage and direct access. Residents enjoy resort-style amenities including lake access, a pool, scenic tree-lined paths, and close proximity to the SAMLARC Beach Lagoon. Ideally situated near shopping, dining, and top-rated schools, this move-in ready home offers a perfect blend of comfort, convenience, and lifestyle.
No exterior & parking available.
Grades PK-6 • 0.5 mi
Grades 7-8 • 0.3 mi
Grades 9-12 • 3.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 77% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,344 | 1,027 | 81% |
| Lot Size | 52,296 | 18,514 | 77% |
| Price | $808.0K | $650.0K | 78% |
| Price per sq ft | $601 | $655 | 22% |
| Built year | 1992 | 1990 | 57% |
| HOA | $528.93 | $452 | 90% |
| Days on market | 35 | 170 | 2% |
Mar 18, 2026
$808,000
Initial Listing
Jan 6, 2020
$515,000
Public Record
Aug 24, 2017
$490,000
Public Record
Sep 20, 2013
$396,000
Public Record
Oct 13, 2009
$290,000
Public Record
Dec 22, 2005
$498,000
Public Record
Aug 12, 2003
$310,000
Public Record
Mar 6, 2003
$250,000
Public Record
Feb 25, 1994
$145,000
Public Record