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225 Montana Del Lago Drive, Rancho Santa Margarita, California 92688, Rancho Santa Margarita, 92688 - 4 bed, 3 bath

225 Montana Del Lago Drive, Rancho Santa Margarita, California 92688 home-pic-0
ACTIVE$1,190,000
225 Montana Del Lago Drive, Rancho Santa Margarita, California 92688
4Beds
3Baths
1,603Sqft
2,000Lot

Price Vs. Estimate

The estimated value ($1,120,576.755) is $69,423.245 (5%) lower than the list price ($1,190,000). This property may be overpriced.

Key pros and cons

Top Pros:
Rare Lakefront Location & Views: This is a truly unique lakefront property, one of only three single-family detached homes directly on Santa Margarita Lake, offering magnificent panoramic views of the lake, hills, and mountains from nearly every room.
Top Cons:
Low Available Lot Utilization: The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 2000, living area = 1603.

Compared to the nearby listings

Price:$1.19M vs avg $1.23M ($-35,000)44%
Size:1,603 sqft vs avg 1,977 sqft22%
Price/sqft:$742 vs avg $63790%

More Insights

Built in 1998 (27 years old).
Condition: Despite being built in 1998, the property has undergone extensive and recent renovations, as indicated by the description 'Everything fresh!' and 'recently refreshed'. Key updates include manufactured wood floors, custom paint, granite counters, stainless steel Viking appliances, modern kitchen sink/faucet, modern bathroom sinks/toilets, and new ceiling fans. The images confirm a contemporary, clean, and move-in ready condition, particularly in the bathroom with vessel sinks and updated fixtures. These comprehensive updates bring the property's condition to a virtually new standard, aligning with the 'excellent' criteria for properties extensively renovated within the last 5 years.
Year Built
1998
Close
-
List price
$1.19M
Original List price
$1.4M
Price/Sqft
$742
HOA
$87
Days on market
-
Sold On
-
MLS number
OC25169818
Home ConditionExcellent
Features
Excellent View: Hills, Lake, Marina, Mountain(s), Panoramic
Patio
ViewHills, Lake, Marina, Mountain(s), Panoramic

About this home

Stunning Lake Front Property with 4 bedrooms, 2.5 baths and a 2 car attached garage with new epoxy floors. Magnificent Lake views of Santa Margarita Lake from everywhere including the kitchen window. There are only 3 SFD like this on the Lake Front, truly one of a kind property. Hard to find anywhere on the market for sale or lease.. Everything fresh! Custom moldings, manufactured wood floors, custom paint, granite counters, stainless steel Viking appliances, modern sink and faucet in kitchen, modern sinks and toilets in all bathrooms, inside laundry closet. Plus new ceiling fans in all the up stairs bedrooms. Open floor plan from kitchen with breakfast bar counter, open to the family room with a cozy fireplace. Living room has a sliding door to the backyard to enjoy the views. Enclosed backyard fence with wrought iron and gate to the street, also a raised planter with inviting landscaping, large area for entertaining and relaxing in this beautiful setting. 3 bedrooms upstairs with 2 bathrooms plus 4th bedroom on first floor. This is a 3 story home, totally detached home with no common walls on either side. Come and see for yourself! You will be glad you saw it! So nice, so clean! Most of all a million dollar Lake Front View! Take your morning walk around the beautiful Lake Santa Margarita. At night walk to the restaurants along the lake on the other side of the lake. You are close to the club house for swimming, exercising or boating. Kids love to fish in the summer. It is a totally fun location!!! This stunning property is for sale or lease!

Nearby schools

7/10
Trabuco Mesa Elementary School
Public,•PK-6•0.4mi
7/10
Rancho Santa Margarita Intermediate School
Public,•7-8•0.4mi
8/10
Trabuco Hills High School
Public,•9-12•3.8mi
Condition Rating
Excellent
Despite being built in 1998, the property has undergone extensive and recent renovations, as indicated by the description 'Everything fresh!' and 'recently refreshed'. Key updates include manufactured wood floors, custom paint, granite counters, stainless steel Viking appliances, modern kitchen sink/faucet, modern bathroom sinks/toilets, and new ceiling fans. The images confirm a contemporary, clean, and move-in ready condition, particularly in the bathroom with vessel sinks and updated fixtures. These comprehensive updates bring the property's condition to a virtually new standard, aligning with the 'excellent' criteria for properties extensively renovated within the last 5 years.
Pros & Cons

Pros

Rare Lakefront Location & Views: This is a truly unique lakefront property, one of only three single-family detached homes directly on Santa Margarita Lake, offering magnificent panoramic views of the lake, hills, and mountains from nearly every room.
Extensive Modern Upgrades: The home has been recently refreshed with custom moldings, manufactured wood floors, custom paint, granite counters, stainless steel Viking appliances, and modern fixtures throughout, providing a move-in ready condition.
Desirable Community Lifestyle & Amenities: The location offers an exceptional lifestyle with direct access to Lake Santa Margarita for walks and fishing, proximity to lakeside restaurants, and a clubhouse with swimming, exercising, and boating facilities.
Detached Home with Open Floor Plan: As a totally detached home with no common walls, it offers enhanced privacy. The open floor plan connecting the kitchen with a breakfast bar to the family room creates a spacious and inviting living area.
Versatile Offering: The property is available for both sale and lease, providing flexibility for potential buyers or investors looking for immediate rental income or future occupancy.

Cons

Low Available Lot Utilization: The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 2000, living area = 1603.
Compact Lot and Interior Footprint: With a lot size of only 2,000 sqft and an interior of 1,603 sqft for 4 bedrooms and 3 bathrooms, the property offers limited outdoor space and a potentially compact feel for its bedroom count, especially across three stories.
Significant Price Reductions: The property has experienced multiple substantial price reductions from its original listing, which may suggest an initial overvaluation or challenges in attracting buyers at previous price points.
Three-Story Layout & Laundry Closet: The three-story configuration, while contributing to views, may present accessibility challenges for some buyers due to stairs. Additionally, the 'inside laundry closet' indicates a less spacious or dedicated laundry area.

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