
237 Montana del Lago Drive, Rancho Santa Margarita, CA 92688
237 Montana del Lago Drive, Rancho Santa Margarita, CA 92688
Property Description
Rare Lakefront View Property — Entertainer’s Paradise - A truly rare opportunity to own one of the few properties with a direct view of the beautiful RSM Lake. This exceptional detached condo offers a highly desirable location just steps from the lake, swimming lagoon, shops, restaurants, and the very best of Rancho Santa Margarita living. Beautifully upgraded throughout, the home features 3 bedrooms plus a basement that could easily serve as a 4th bedroom, office, gym, media room, or flexible living space. The interior is warm, elegant, and move-in ready, with rich dark wood floors throughout, upgraded baseboards, plantation shutters, custom paint, custom light fixtures, surround sound, and a welcoming fireplace. The kitchen has been thoughtfully enhanced with custom cabinetry, all-new stone countertops, and new stainless steel appliances, creating a refined and functional space for everyday living and entertaining. The bathrooms have also been tastefully upgraded, adding to the home’s polished, turnkey appeal. The spacious primary suite includes a walk-in closet, while additional conveniences include the refrigerator, washer and dryer, LeafFilter rain gutter system, new A/C installed in 2019, and storage cabinets in the garage. The backyard is a private and meticulous retreat, finished with elegant gray slate tile and a beautiful fountain—perfect for relaxing, dining outdoors, or entertaining guests. With its rare lake-view setting, upgraded interior, flexible floor plan, and walkable lifestyle location, this is a truly special property offering comfort, style, and convenience in one of Rancho Santa Margarita’s most desirable settings. Property is considered a detached condo.
Features & Amenities
Property Details
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Comparative Market Analysis
Residential Tier · 5 active · 5 closed
Rancho Santa Margarita · Single Family Residence
Listed in line with the median closed sale of $1,065,000. Closed comps sold at 100% of list — strong seller's market.
Price Position
Aligned with the market — fair pricing for the comps.
Active Properties (5)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 4 El Vaquero | Rancho Santa Margarita | 1986 | 3 | 3 | 1,602 | 4,000 | $718 | $1.15M | 15 | 83 |
| 21 Calle Vaqueta | Rancho Santa Margarita | 1987 | 4 | 3 | 1,602 | 4,500 | $724 | $1.16M | 83 | 83 |
| 16 Crucillo | Rancho Santa Margarita | 1987 | 3 | 3 | 1,428 | 3,600 | $735 | $1.05M | 74 | 82 |
| 10 Pasada Valiente | Rancho Santa Margarita | 1987 | 3 | 3 | 1,522 | 3,600 | $690 | $1.05M | 96 | 82 |
| 12 Calle Ranchera | Rancho Santa Margarita | 1987 | 2 | 2 | 1,139 | 4,500 | $874 | $995,000 | 12 | 71 |
| Total: 5 · Average | 3.0 | 2.8 | 1,458.6 | 4,040 | $748.2 | $1.08M | 56 | |||
| Median | 1,522 | $1.05M | ||||||||
Closed Properties (5)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 20 Crucillo | Rancho Santa Margarita | 1987 | 07/22/2026 | 3 | 3 | 1,522 | 3,600 | $1.05M | $1.06M | $696 | 1.01 | 84 | 83 |
| 6 Calle Rienda | Rancho Santa Margarita | 1986 | 05/07/2026 | 4 | 3 | 1,660 | 4,000 | $1.20M | $1.20M | $723 | 1.00 | 43 | 81 |
| 4 Via Joaquin | Rancho Santa Margarita | 1987 | 06/22/2026 | 3 | 3 | 1,522 | 3,600 | $1.03M | $1.06M | $700 | 1.03 | 68 | 81 |
| 6 Via Menta | Rancho Santa Margarita | 1986 | 09/09/2026 | 3 | 3 | 1,460 | 3,750 | $1.09M | $1.07M | $733 | 0.98 | 35 | 80 |
| 15 La Cueva | Rancho Santa Margarita | 1989 | 04/16/2026 | 3 | 3 | 1,428 | 3,400 | $1.05M | $1.05M | $735 | 1.00 | 71 | 80 |
| Total: 5 · Average | 3.2 | 3.0 | 1,518.4 | 3,670 | $1.09M | $1.09M | $717.4 | — | 60.2 | ||||
| Median | 1,522 | $1.06M | $1.06M | ||||||||||
Market Analysis
List vs Sale $/SqFt
Sale Price Trend
Days on Market
Sale vs List Price
This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.