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187 Montana Del Lago, Rancho Santa Margarita, CA 92688

$695K3bd · 2ba · 1,135 sqft
Lot 1,311 sqft•HOA $643.38/mo•Condominium•
Active
•100d on market•MLS# OC-26145343

Property Description

3-BEDROOM CONDO STEPS FROM THE LAKE AND THE COMMUNITY POOL/SPA!!! Soaring ceilings and abundant windows fill the home with natural light, creating an open and airy atmosphere throughout. The open-concept living and dining areas are perfect for everyday living and entertaining, featuring a cozy fireplace as the focal point. Upstairs, the spacious primary suite boasts a walk-in closet and an en-suite bathroom with soaking tub and dual sinks. Two generously sized secondary bedrooms share a full hallway bathroom, offering comfortable accommodations for family or guests. Brand-new luxury vinyl flooring runs throughout the home, providing a modern look with easy maintenance and pet-friendly durability. The kitchen offers direct access to the oversized two-car tandem garage, which includes laundry hookups and ample storage space. Residents of Montana Del Lago enjoy resort-style amenities, including the Lago Santa Margarita Beach Club, access to Rancho Santa Margarita Lake, scenic parks, playgrounds, a beautiful walk-in beach lagoon, paddle boats, dock, 4 community pools, and picnic areas. Enjoy picturesque mountain views, lakeside walking trails, nearby hiking and biking paths, and convenient access to shopping, and dining, all within one of Orange County's most desirable master-planned communities.

Features & Amenities

FeeBuilt 1990

Property Details

Land Type
Fee
Year Built
1990
Property Type
Residential
Property Subtype
Condominium
Parking Spaces
2
Garage Spaces
2
Cooling
Central Air
View
Pool
City
Rancho Santa Margarita
Zip Code
92688
County
Orange
Listed byPlatinum Tree Realty, Samantha Dowd

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$3,514.30
Principal & Interest
Loan Amount
$556,000
Total Interest
$709,147
Total Payment Over 30 Years
$1,265,147
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Affordable Tier · 5 active · 5 closed

187 Montana Del Lago, Rancho Santa Margarita, CA 92688

Rancho Santa Margarita · Condominium

$695K
Affordable Tier
Beds
3
Baths
2
Sqft
1,135
Lot
1,311 sqft
Year
1990
$/Sqft
$612
Pool: Yes✓
Spa: Yes✓
View: mountain✓
Garage: 2-car✓

Listed 6.9% above the median closed sale of $650,000.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $695K· $612/sqft
Total list price
Closed comps
vs closed median $650K
+$45K (+6.9%)
Active comps
vs active median $680K
+$15K (+2.2%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $632
−$20 (−3.1%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
2 DianthusRancho Santa Margarita1988221,0240$683$699,900386
7 TimbreRancho Santa Margarita1992228751,464$651$569,9007382
42 Via ContentoRancho Santa Margarita1990221,11792,527$590$659,000582
68 Via ContentoRancho Santa Margarita1990221,11797,580$609$680,0001082
103 Camino Del OroRancho Santa Margarita1991221,11025,172$626$695,0001481
Total: 5 · Average2.02.01,048.654,185.75$631.8$660,76021
Median1,110$680,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
2 CarmesiRancho Santa Margarita198909/22/2026221,0490$630,000$625,000$5960.998885
166 Via ContentoRancho Santa Margarita199508/07/2026221,1170$679,900$655,000$5860.9613585
73 Camino Del OroRancho Santa Margarita199209/29/2026221,22525,172$699,000$695,000$5670.995682
6 LeonadoRancho Santa Margarita198909/01/2026221,10262,246$628,000$625,000$5670.994781
18 MarinoRancho Santa Margarita198910/09/2026228880$614,900$650,000$7321.063680
Total: 5 · Average2.02.01,076.243,709$650,000$650,000$609.6—72.4
Median1,102$650,000$650,000

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.