49 Montana Del Lago, Rancho Santa Margarita, California 92688, Rancho Santa Margarita, 92688 - 2 bed, 2 bath
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Rancho Santa Margarita, California 92688
This Turnkey Condominium is a Strong Value Opportunity, listed at $609,000—positioned well below the $558,516 Fair Market Value by -9%. While the list price exceeds the current estimation, the property features a Condition Rating of 3, boasting a modern kitchen with quartz countertops, updated flooring, and a private patio with tree views. Located in the Capistrano Unified School District near the RSM Beach Club Lagoon, this home offers a lifestyle-focused retreat. It is an ideal acquisition for first-time buyers or owner-occupants seeking a move-in ready residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 49 Montana Del Lago Subject | $609,000* List Price | 2 | 2 | 827 | $675 | - |
A 3 Via Pariente Sold | $549,000 | 2 | 2 | 832 | $660 | 0.2 mi |
B 92 Montana Del Lago Sold | $664,322 | 3 | 2 | 1,131 | $587 | 0.0 mi |
C 42 Picazo 29 Sold | $515,000 | 2 | 2 | 773 | $666 | 0.3 mi |
D 74 Flor De Sol 53 Sold | $488,000 | 2 | 2 | 800 | $610 | 0.4 mi |
E 27 Via Lavendera Sold | $660,000 | 2 | 2 | 1,025 | $644 | 0.3 mi |
F 47 Via Lavendera Sold | $695,000 | 2 | 2 | 1,010 | $688 | 0.3 mi |
G 80 Montana Del Lago Drive Active | $575,000 List Price | 2 | 2 | 827 | $695 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1990, the property has undergone significant recent renovations including a modern kitchen with newer cabinetry and quartz countertops, updated flooring, and fresh interior paint. With a newer water heater and well-maintained interior, it is move-in ready and fits the 5-15 year renovation profile.
Situated steps from Rancho Santa Margarita Lake and Beach Club Lagoon, this property offers unparalleled access to SAMLARC's resort-style amenities, including 13 parks and multiple pools.
The home is move-in ready featuring a recently remodeled kitchen with quartz countertops, newer cabinetry, updated flooring, and fresh interior paint throughout.
The rare inclusion of a main-floor bedroom and full bathroom provides excellent flexibility for guests, home office use, or those seeking single-level living options.
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.
At just 827 square feet for a two-bedroom residence, the interior living spaces and bedrooms may feel compact for some buyers.
The association fee of $528.93 is relatively high for a property of this size, which may impact the overall monthly affordability for budget-conscious purchasers.
Welcome to the desirable Montana Del Lago community, just steps from the scenic Rancho Santa Margarita Lake and exclusive RSM Beach Club Lagoon. This charming 2-bedroom, 2-bathroom home with a 1-car garage offers a bright and open floor plan designed for comfortable everyday living. The inviting living room features a cozy fireplace and flows seamlessly into the dining area and upgraded kitchen perfect for both relaxing and entertaining. The spacious kitchen showcases newer cabinetry and sleek quartz countertops, creating a modern and functional space. A convenient main-floor bedroom and full bath provide flexibility for guests or multi-generational living, while the upstairs retreat includes an additional bedroom and full bathroom. Step outside to your private patio overlooking lush trees, an ideal setting for morning coffee or evening unwinding. Recent upgrades include updated flooring, newer water heater, and fresh interior paint, making this home move-in ready. Residents enjoy resort-style amenities, including a community pool and spa, along with access to SAMLARC amenities featuring 13 parks, 4 pools, the Beach Club Lagoon, sports courts, and more. Conveniently located near shopping, dining, and recreation, this home offers the perfect blend of nature, comfort, and community living.
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 | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 827 | 1,029.5 | 26% |
| Lot Size | 52,296 | 26,394.5 | 73% |
| Price | $609.0K | $677.5K | 37% |
| Price per sq ft | $736 | $646 | 86% |
| Built year | 1990 | 1990 | 50% |
| HOA | $528.93 | $448 | 89% |
| Days on market | 19 | 150 | 4% |
Jun 12, 2026
$609,000
$619,000
-2% Price Drop
Initial Listing
May 28, 2026
$619,000
Initial Listing
Jul 12, 2023
$586,000
Public Record
Jul 28, 2005
$380,000
Public Record
Nov 25, 2003
$265,000
Public Record
Mar 23, 2000
$155,000
Public Record
Apr 12, 1994
$116,500
Public Record