205 Montana Del Lago, Rancho Santa Margarita, California 92688, Rancho Santa Margarita, 92688 - 4 bed, 3 bath
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Rancho Santa Margarita, California 92688
This Stunning Move-In Ready Detached Residence is listed at $1,075,000, representing a stable entry point closely aligned with its $1,061,781 Fair Market Value. Boasting a Good Condition Rating, the home features a refreshed kitchen with stone countertops and a rare downstairs bedroom ideal for a home office. The property offers a resort-style lifestyle with a private custom deck and immediate access to Lake Rancho Santa Margarita. Families benefit from Top-Rated Schools like Trabuco Hills High within the Saddleback Valley Unified district. This turnkey sanctuary is perfect for growing families or Owner-Occupants seeking a polished, lakeside transition.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 205 Montana Del Lago Subject | $1,070,000* List Price | 4 | 3 | 1,603 | $669 | - |
A 12 Paseo Vecino Sold | $1,095,000 | 4 | 3 | 1,651 | $663 | 1.0 mi |
B 9 Paseo Acebo Sold | $1,080,000 | 4 | 3 | 1,662 | $650 | 0.7 mi |
C 14 Calle Alimar Sold | $1,130,000 | 3 | 3 | 1,602 | $705 | 0.5 mi |
D 12 El Vaquero Sold | $1,175,000 | 4 | 3 | 1,660 | $708 | 0.3 mi |
E 16 Las Piedras Sold | $1,238,000 | 4 | 3 | 1,886 | $656 | 0.3 mi |
F 1 Danta Sold | $1,320,000 | 4 | 3 | 1,977 | $668 | 0.8 mi |
G 4 Via Violeta Pending | $1,100,000 List Price | 3 | 3 | 1,551 | $709 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
This 1998-built home is in move-in ready condition with significant aesthetic updates. The kitchen has been tastefully refreshed with painted cabinetry, modern stone countertops, a center island, and stainless steel appliances. The interior features fresh paint, updated hard-surface flooring in the main living areas, and well-maintained bathrooms. While the property is nearly 30 years old, the recent cosmetic renovations and lack of deferred maintenance align with the 'good' criteria, though it stops short of 'excellent' as it is not a brand-new build or a total structural renovation.
Ideally situated just steps from Lake Rancho Santa Margarita and the Beach Club Lagoon, offering residents effortless access to scenic walking trails, resort-style recreation, and local dining.
The highly desirable layout features a rare downstairs bedroom, providing excellent flexibility for use as a guest suite, private home office, or den to suit various lifestyle needs.
The home is exceptionally well-maintained with a beautifully updated kitchen, fresh interior paint, and a private backyard featuring custom decking and sleek vinyl fencing.
With four bedrooms distributed across 1,603 square feet, the individual room sizes and common living areas may feel somewhat constrained compared to larger detached residences.
As part of a planned community, the property has a relatively small footprint with limited yard space, which may be a drawback for buyers seeking expansive outdoor areas or significant privacy from neighbors.
Seller is offering the buyer a $20,000 sales price concession to use toward a rate buy-down with an acceptable offer. Exceptional 4-bedroom detached residence ideally situated just moments from the scenic Lake Rancho Santa Margarita. This highly desirable floor plan offers three bedrooms upstairs and a versatile downstairs bedroom—perfect for guests, a private office, or den. Light-filled and inviting, the home features soaring ceilings and an airy open-concept design. The beautifully updated kitchen showcases refreshed cabinetry, a generous center island, abundant counter space, and a spacious eat-in dining area—designed for both refined entertaining and everyday comfort. The expansive primary suite provides a relaxing retreat with dual sinks and a walk-in shower. Additional highlights include a spacious 2-car garage with freshly painted floors and extensive built-in storage. Enjoy an outstanding location with the gated lake walking path visible right from the front door, offering effortless access to trails, recreation, and the community’s natural beauty. The private backyard is ideal for outdoor living, featuring custom decking, sleek vinyl fencing, and mature trees that create a peaceful setting. Freshly painted and enhanced by abundant natural light, this move-in-ready home offers the perfect blend of comfort, style, and location. Resort-style living is right outside your door — take a dip in the community pool and spa, or stroll over to the shores of the Lake and the Beach Club Lagoon for relaxing lakeside recreation. Mercado Del Lago Center is just a short walk away, discover, dine, and indulge — all within reach. Residents enjoy access to five pools, a Beach Club and Lagoon, parks, trails, and a full calendar of community events including lakeside concerts, outdoor movies, a Fishing Derby, Craft & Garden Workshops, the Great Rancho Campout, seasonal festivals, and holiday celebrations.
No exterior & parking available.
Grades PK-6 • 0.4 mi
Grades 7-8 • 0.4 mi
Grades 9-12 • 3.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,603 | 1,976 | 25% |
| Lot Size | - | 4,427 | 1% |
| Price | $1.07M | $1.23M | 20% |
| Price per sq ft | $667 | $640 | 68% |
| Built year | 1998 | 1994 | 75% |
| HOA | $240.0 | $91 | 95% |
| Days on market | 49 | 148 | 8% |
Apr 5, 2026
$1,070,000
$1,075,000
+0% Price Increase
Initial Listing
Mar 4, 2026
$1,075,000
Initial Listing
Aug 28, 2020
$650,000
Public Record
Nov 16, 2001
$290,000
Public Record
Sep 11, 1998
$173,000
Public Record