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For Sale|CondominiumActive

131 Tierra Montanosa, Rancho Santa Margarita, CA 92688

  • 2 beds
  • 2 baths
  • 1,245 sq ft
  • Built 1996

MLS# OC26230997 · Listed Oct 30, 2026 · New Today

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The home

About 131 Tierra Montanosa

A prime corner end-unit location! This beautifully remodeled 2-bedroom carriage-style home offers a rarely available floorplan featuring an EXPANDED LOFT, providing exceptional versatility as a home office, media room, playroom, or additional living space. Soaring ceilings, an abundance of windows, and natural light create an inviting, open atmosphere, while a cozy fireplace anchors the living room. The thoughtfully designed interior features attractive vinyl plank flooring throughout, fresh interior paint, and an open-concept living and dining area that flows seamlessly into the kitchen, complete with brand-new stainless-steel appliances, generous cabinetry, and a convenient breakfast bar. Just off the living area, is an oversized covered balcony that provides a wonderful outdoor retreat with ample space for seating and entertaining, along with area views — a perfect extension of the interior living space. The generously sized primary bedroom comfortably accommodates a king-size bed with ample room for additional furnishings and features a spacious walk-in closet. The adjoining primary bathroom offers a newly installed dual-sink vanity, updated lighting, and plumbing fixtures. The guest bathroom has also been refreshed with a new vanity, lighting, and fixtures. Significant improvements add to the home's appeal, including complete re-piping, a recently replaced furnace and air conditioning system, and a tankless water heater. Additional highlights include an extra-wide 2-car garage with direct interior access and ample nearby guest parking. This move-in-ready residence offers a wonderful opportunity to enjoy a community pool and spa along with the Rancho Santa Margarita lifestyle featuring Top-Tier schools and access to resort-style amenities including the Beach Club Lagoon, multiple pools, parks, sports courts and scenic trails.

Property details for 131 Tierra Montanosa

This 2-bedroom, 2-bath condo sits in the Tierra Montanosa neighborhood of Rancho Santa Margarita in Orange County. It has 1,245 square feet of living space and is listed at $750,000, about $602 per square foot. The home was built in 1996. The MLS record lists the assessor parcel number as 938-124-20. Highlights include hill views, a community pool and spa, a fireplace, an attached two-car garage, central air, and Mediterranean architecture.

Specifications

Home Details

General Features

Property Type
Condominium
MLS Number
OC26230997
Year Built
1996
Living Area (sq ft)
1,245
Living Area Source
Assessor
Lot Size (sq ft)
31,891
Lot Size (acres)
0.7321
Levels
Two
Bedrooms
2
Full Baths
2
Garage Spaces
2
Parking Spaces
2
View
Hills, Trees Woods
HOA Dues
$518.40
HOA Frequency
Monthly
HOA Name
Tierra Montanosa
Parcel Number
93812420
On Market Date
2026-10-30
Listing Terms
Standard
HOA fees
$609.4 monthly

Interior Features

Interior Features
Breakfast Bar, Ceiling Fans, Separate Formal Dining Room, High Ceilings, Open Floorplan, All Bedrooms Up, Bedroom On Main Level, Loft, Main Level Primary, Walk In Closets
Appliances
Built In Range, Dishwasher, Gas Cooktop, Microwave, Refrigerator, Tankless Water Heater
Flooring
See Remarks
Heating
Central, Forced Air, Fireplaces
Cooling
Central Air
Fireplace
Gas, Living Room
Laundry
Washer Hookup, Gas Dryer Hookup, In Garage
Main Level Bedrooms
2
Main Level Bathrooms
2
Entry Level
1
Common Walls
Two Common Walls Or More
Windows
Blinds, Screens
Rooms
Other, Loft, Bathroom, Kitchen, Dining Room, Primary Bedroom, Entry Foyer, Bonus Room, Bedroom, Living Room

Exterior Features

Architectural Style
Mediterranean
Roof
Tile
Construction
Stucco
Patio and Porch
Covered, Deck, Enclosed
Parking
Direct Access, Door Single, Garage
Pool Features
Community, Association
Spa
Association, Community
Sewer
Public Sewer
Water
Public
Utilities
Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Connected, Water Available
Units
135

Community Features

Subdivision
Tierra Montanosa (TIEM)
Community Features
Biking, Dog Park, Hiking, Sidewalks, Pool
Association Amenities
Sport Court, Fire Pit, Other Courts, Barbecue, Picnic Area, Playground, Pickleball, Pool, Recreation Room, Spa Hot Tub, Trails
Security
Carbon Monoxide Detectors, Smoke Detectors
Second HOA Dues
$91
Second HOA Name
SAMLARC

The record

Property History for 131 Tierra Montanosa

DateEventPriceNote
Oct 30, 2026 Listed for sale $750,000

No prior MLS sales on record for this home since 2012.

Cost of ownership

Estimated monthly payment

7.24% · 30-yr fixed
$
$6,353/mo
10% down · 30-year fixed · $75,000 down
Principal & interest$4,600
Mortgage insurance (est., over 80% LTV)$281
Property tax (est. 1.03%)$644
Home insurance (rough est., varies widely)$219
HOA from listing$609
$5,561/mo
20% down · 30-year fixed · $150,000 down
Principal & interest$4,089
Property tax (est. 1.03%)$644
Home insurance (rough est., varies widely)$219
HOA from listing$609
$5,050/mo
30% down · 30-year fixed · $225,000 down
Principal & interest$3,578
Property tax (est. 1.03%)$644
Home insurance (rough est., varies widely)$219
HOA from listing$609
Estimated carrying cost
$1,472/mo
All cash · taxes and insurance only
Principal & interestNone (cash purchase)
Property tax (est. 1.03%)$644
Home insurance (rough est., varies widely)$219
HOA from listing$609

Estimate only, not a loan offer or quote. Principal and interest use the Freddie Mac 30-year fixed average of 7.24% (week of Oct 29, 2026); your rate will differ. Tax and insurance are modelled, not billed amounts; tax uses a typical Rancho Santa Margarita rate, excluding Mello-Roos. Verify all figures. Full assumptions and disclosures.

Next steps

Buying 131 Tierra Montanosa

Want to see 131 Tierra Montanosa in person? We have guided buyers through Tierra Montanosa and the wider Rancho Santa Margarita market since 1983. Call to arrange a private tour, or send a note and we'll follow up.

Call (949) 494-8830

Selling near 131 Tierra Montanosa

Thinking of selling nearby? We bring current Tierra Montanosa sales data and a clear pricing strategy to every listing, backed by more than 700 closed sales and over $1B in Orange County volume. Start with a free home valuation, or reach out to talk through your options.

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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
164
Median price
$660,560
Median days on market
26
Median per sq ft
$636

Recorded MLS closings of condos, Oct 23, 2025 to Oct 23, 2026. Days on market run from listing to going under contract.

Price per square foot against recent Rancho Santa Margarita sales

This home, asking 12-month median Recent sales, listed below

At $602 per square foot, this home's asking price is close to the Rancho Santa Margarita median of $636 for condos that closed in the past 12 months.

Recent Rancho Santa Margarita sales

AddressClosedPriceSq ftPer sq ftDays on market
140 Via Contento Oct 16, 2026 $685,000 1,117 $613 13
75 Via Contento Oct 14, 2026 $415,000 643 $645 22
28 Wild Horse Loop Oct 13, 2026 $825,000 1,325 $623 3
18 Marino Oct 9, 2026 $650,000 888 $732 7
19 Hemlock Oct 7, 2026 $400,000 642 $623 41

Schools

Schools for 131 Tierra Montanosa

As listed in the MLS record. Confirm attendance boundaries with the school district.

Elementary
Melinda Heights
Middle
Rancho Santa Margarita
High
Trabucco Hills
District
Saddleback Valley Unified

Living in Rancho Santa Margarita covers its schools, parks and beaches.

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Listed by Giulietta Wilson of Pacific Sotheby's Int'l Realty

Listing information updated Oct 30, 2026 at 2:06 PM PT. Source: CRMLS.

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