232 Montana Del Lago Drive, Rancho Santa Margarita, California 92688, Rancho Santa Margarita, 92688 - 3 bed, 2 bath
ACTIVE$849,900
232 Montana Del Lago Drive, Rancho Santa Margarita, California 92688
3Beds
2Baths
1,440Sqft
42,046Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Extensive Recent Upgrades: The property boasts significant recent updates including a new AC unit (June 2024), water heater (2024), new wood-feel tile and laminate flooring, updated bathroom fixtures (sinks, faucets, toilets), and relatively new kitchen appliances (2020), minimizing immediate maintenance concerns.
Top Cons:
Significant Association Fees: The monthly association fee of $486.0 represents a substantial ongoing cost that potential buyers must factor into their budget and long-term financial planning.
Compared to the nearby listings
Price:$849.9K vs avg $655.0K (+$194,900)78%
Size:1,440 sqft vs avg 1,024 sqft86%
Price/sqft:$590 vs avg $66416%
More Insights
Built in 1990 (35 years old).
Condition: Despite being built in 1990, this property has undergone extensive and very recent renovations, qualifying it for an 'Excellent' score. The AC unit and water heater were replaced in 2024, and all major kitchen appliances are new as of 2020. Both bathrooms feature new sinks, faucets, and toilets, and the kitchen boasts granite countertops and modern white cabinetry. New wood-feel tile and laminate flooring have been installed throughout, and crown molding adds a finished touch. The images confirm a fresh, modern aesthetic with no visible deferred maintenance, aligning with current quality standards.
Year Built
1990
Close
-
List price
$850K
Original List price
$899K
Price/Sqft
$590
HOA
$486
Days on market
-
Sold On
-
MLS number
PT25007616
Home ConditionExcellent
Features
Patio
View-
About this home
Don't miss your opportunity to own this amazing end unit in the lakefront community of Montana Del Lago! This condo features 3 bedrooms + Bonus room, 2 full baths both with double sinks, a private enclosed patio & a two car direct-access tandem garage. NEW wood-feel tile flooring upstairs, wood laminate flooring downstairs, crown molding throughout, and working fireplace. The kitchen includes plenty of cabinet space, granite countertops, new faucet and a sufficient amount of light. Huge master bedroom with an additional double door access to the third bedroom (can double as an office). Huge second bedroom. Bonus room/4th bedroom is downstairs and can be used as a family room, game room, or bedroom. New sinks, faucets, and toilets in both bathrooms! Amenities include pool, spa, tennis, lake access, & exercise facility. Minutes from all shops, restaurants, entertainment & schools, this home is a must see! AC unit replaced 6/2024. Water heater replaced 2024. Washer, Dryer, Frig and Dishwasher new in 2020.
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 1990, this property has undergone extensive and very recent renovations, qualifying it for an 'Excellent' score. The AC unit and water heater were replaced in 2024, and all major kitchen appliances are new as of 2020. Both bathrooms feature new sinks, faucets, and toilets, and the kitchen boasts granite countertops and modern white cabinetry. New wood-feel tile and laminate flooring have been installed throughout, and crown molding adds a finished touch. The images confirm a fresh, modern aesthetic with no visible deferred maintenance, aligning with current quality standards.
Pros & Cons
Pros
Extensive Recent Upgrades: The property boasts significant recent updates including a new AC unit (June 2024), water heater (2024), new wood-feel tile and laminate flooring, updated bathroom fixtures (sinks, faucets, toilets), and relatively new kitchen appliances (2020), minimizing immediate maintenance concerns.
Versatile Living Space: Offering 3 bedrooms plus a flexible bonus room (potential 4th bedroom, office, or game room), along with spacious master and secondary bedrooms, the layout provides adaptability for diverse lifestyle needs.
Premium Community Amenities: Located in the desirable lakefront Montana Del Lago community, residents enjoy access to a pool, spa, tennis courts, lake access, and an exercise facility, enhancing recreational and lifestyle opportunities.
Convenient & Desirable Location: As an end unit, it offers increased privacy. The property is minutes from essential shops, restaurants, entertainment, and is within close proximity to highly-rated elementary and middle schools.
Private Outdoor & Parking: Features a private enclosed patio for outdoor enjoyment and a two-car direct-access tandem garage, providing secure parking and valuable additional storage space.
Cons
Significant Association Fees: The monthly association fee of $486.0 represents a substantial ongoing cost that potential buyers must factor into their budget and long-term financial planning.
Tandem Garage Configuration: While offering two-car parking, the tandem garage layout may present practical inconveniences for households with multiple vehicles requiring frequent, independent access.
Absence of Scenic Views: The property explicitly states 'view: None,' which could be a drawback for buyers prioritizing scenic vistas, particularly within a lakefront community where such views are often sought after.