
Sold
205 Montana del Lago Drive sold on July 23, 2026 for $1,015,000, 1.4% below the $1,029,000 asking price after 8 days on the market. The buyer paid cash. The details are below for reference.

205 Montana del Lago Drive, Rancho Santa Margarita, CA 92688
- 4 beds
- 3 baths
- 1,603 sq ft
- Built 1998
Subdivision Cierra del Lago
The home
About 205 Montana del Lago Drive
LOCATION, LOCATION, LOCATION- RSM LAKE (DETACHED). This stunning detached residence is move-in ready, impeccably maintained, and offering an exceptional opportunity to own in one of Rancho Santa Margarita's most coveted lakefront communities. Perfectly positioned next to beautiful Lake Rancho Santa Margarita, this highly sought-after floor plan features 4 spacious bedrooms, including a convenient main-level bedroom ideal for guests, multigenerational living, a private executive office, or fitness space.
Step inside to soaring ceilings, abundant natural light, and an ambiance that creates an inviting atmosphere from the moment you enter. Designed for both everyday comfort and effortless entertaining, the beautiful kitchen displays a generous center island, abundant workspace, and a spacious casual dining area that flows seamlessly into the main living spaces.
The expansive primary suite offers a peaceful retreat with dual vanities, an oversized walk-in shower, and generous closet space. Fresh interior paint throughout enhances the home's bright, clean, model-like presentation, allowing you to move right in and immediately enjoy everything this exceptional property has to offer.
Outside, the private backyard is designed for relaxing and entertaining with custom decking, low-maintenance vinyl fencing, and mature trees that create a peaceful outdoor setting. The oversized two-car garage features extensive built-in storage, providing both functionality and organization.
Location is everything, and this home truly delivers. Rancho Santa Margarita Lake is close to your front door, providing immediate access to miles of scenic walking trails, waterfront recreation, and one of Orange County's most desirable lifestyle communities. Enjoy resort-style amenities including multiple swimming pools, relaxing spas, the Beach Club & Lagoon, beautifully maintained parks, sports courts, playgrounds, and an extensive network of hiking and biking trails.
Property details for 205 Montana del Lago Drive
This 4-bedroom, 3-bath condo sits in the Cierra del Lago neighborhood of Rancho Santa Margarita in Orange County. It offers 1,603 square feet of living space. The home was built in 1998. The MLS record lists the assessor parcel number as 930-831-94. Highlights include city lights and hill views, a community pool and spa, a fireplace, an attached two-car garage, and central air. The detail sections on this page cover interior and exterior features, estimated taxes, HOA dues where they apply, and the map location.
Specifications
Home Details
At a glance
- Price
- $1,015,000
- Days On Site
- N/A
- Bedrooms
- 4
- Inside Area (SqFt)
- 1,603 sqft
- Total Baths
- 3
- Full Baths
- 2
- Partial Baths
- 1
- Lot Size
- N/A
- Year Built
- 1998
- MLS® Number
- LG26137962
- Status
- Sold
- Property Tax
- N/A
- HOA/Condo/Coop Fees
- $331 monthly
- Sq Ft Source
- Assessor
General Features
- Property Type
- Condominium
- MLS Number
- LG26137962
- Year Built
- 1998
- Living Area (sq ft)
- 1,603
- Living Area Source
- Assessor
- Lot Size (sq ft)
- 1,900
- Lot Size (acres)
- 0.0436
- Levels
- Three Or More
- Bedrooms
- 4
- Full Baths
- 2
- Half Baths
- 1
- Garage Spaces
- 2
- Parking Spaces
- 2
- View
- City Lights, Hills
- HOA Dues
- $240
- HOA Frequency
- Monthly
- HOA Name
- Cierro Del Lago
- Parcel Number
- 93083194
- On Market Date
- 2026-06-24
- Listing Terms
- Standard
Interior Features
- Interior Features
- Ceiling Fans, Separate Formal Dining Room, High Ceilings, Two Story Ceilings, Bedroom On Main Level
- Appliances
- Dishwasher, Disposal, Gas Oven, Water Heater
- Flooring
- Carpet, Vinyl
- Heating
- Central
- Cooling
- Central Air
- Fireplace
- Living Room
- Laundry
- Laundry Room
- Main Level Bedrooms
- 1
- Entry Level
- 1
- Common Walls
- No Common Walls
- Windows
- Screens
- Accessibility
- Safe Emergency Egress From Home
Exterior Features
- Lot Features
- Zero To One Unit Acre, Close To Clubhouse
- Parking
- Direct Access, Garage
- Pool Features
- Community
- Spa
- Community
- Sewer
- Public Sewer
- Water
- Private
- Units
- 1
Community Features
- Subdivision
- Cierra Del Lago (CDL)
- Community Features
- Biking, Foothills, Hiking, Lake, Storm Drains, Street Lights, Sidewalks, Pool
- Association Amenities
- Clubhouse, Sport Court, Barbecue, Playground, Trails
- Security
- Carbon Monoxide Detectors
- Second HOA Dues
- $91
- Second HOA Name
- SAMLARC
The record
Property History for 205 Montana del Lago Drive
| Date | Event | Price | Note |
|---|---|---|---|
| Jul 23, 2026 | Sold | $1,015,000 | |
| Jun 24, 2026 | Listed for sale | $1,029,000 |
Next steps
Looking for something similar
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The neighborhood
About Rancho Santa Margarita
Rancho Santa Margarita is a master-planned Orange County community in the foothills of the Santa Ana Mountains, bordered to the east by the Cleveland National Forest and centered on the man-made Lago Santa Margarita. Adjacent O'Neill Regional Park spans thousands of acres of oak-shaded canyon habitat, and the city is served by the Saddleback Valley Unified and Capistrano Unified school districts.
Rancho Santa Margarita home sales, past 12 months
- Homes sold
- 165
- Median price
- $657,500
- Median days on market
- 27
- Median per sq ft
- $640
Recorded MLS closings of condos, Sep 26, 2025 to Sep 26, 2026. Days on market run from listing to going under contract.
Recent Rancho Santa Margarita sales
| Address | Closed | Price | Sq ft | Per sq ft | Days on market |
|---|---|---|---|---|---|
| 2 Carmesi | Sep 22, 2026 | $625,000 | 1,049 | $596 | 26 |
| 110 Timbre | Sep 21, 2026 | $586,000 | 990 | $592 | 9 |
| 7 Silktassel | Sep 18, 2026 | $448,000 | 781 | $574 | 167 |
| 59 Via Cordoba | Sep 16, 2026 | $705,000 | 1,318 | $535 | 48 |
| 37 Via Lavendera | Sep 16, 2026 | $516,000 | 804 | $642 | 18 |
Schools
School District for 205 Montana del Lago Drive
As listed in the MLS record. Confirm attendance boundaries with the school district.
The MLS record lists the school district as Saddleback Valley Unified.
Living in Rancho Santa Margarita covers its schools, parks and beaches.
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Listed by William Scott of REGENCY REAL ESTATE BROKERS
Listing information updated Jul 24, 2026 at 9:23 AM PT. Source: CRMLS.
This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.