$714,995
SOLD JUN 16, 2025 RENTED JUL 23, 2025

248 Montana Del Lago Dr Rancho Santa Margarita, CA 92688

2 Beds
2.5 Baths
1,306 Sq Ft
$597/mo HOA Fee

Recently Sold

$547 Per Sq Ft

5% Below List Price

85 Days on Market

Highlights

  • 0.97 Acre Lot
  • Dual Staircase
  • Community Lake
  • Trabuco Mesa Elementary School Rated A
  • Mountain View
  • 4-minute walk to Rancho Santa Margarita Lake Park

About This Home

As of June 2025

New AC unit installed. Welcome to 248 Montana Del Lago Drive, a beautifully updated 2-bedroom, 2.5-bathroom condo nestled in the heart of Rancho Santa Margarita. This 1,306 square-foot residence offers an open floor plan featuring dual master suites, each with its own full bathroom, and a convenient half bath on the main living level. Recent upgrades enhance the home's appeal, including new sinks, countertops, wood flooring, and fresh interior paint. The light-filled living and dining areas boast a cozy fireplace and newer laminate wood flooring, creating a warm and inviting atmosphere. The kitchen, equipped with updated faucets and appliances, features an eat-in nook and a balcony where you can enjoy natural light and a refreshing breeze. Additional improvements include new tile and trim in the second bathroom, water-efficient toilets in all bathrooms, new blinds on all windows, child tamper-proof outlets downstairs, bug-proof screens upstairs and on the sliding door, a remodeled master bathroom, and a recently replaced water heater. The attached 2-car tandem garage provides ample storage space, and with no neighbors above or below, you'll enjoy added privacy. The community offers resort-style amenities, including a pool, spa, and access to the Beach Club with fun activities. Located just steps away from the pool, lake, restaurants, and shopping centers, and close to Tijeras Creek Golf Course and hiking and biking trails, this home provides the perfect blend of comfort and convenience. Belonging to the highly-rated Saddleback Valley Unified School District and with no Mello Roos, this property is a must-see. Fire place decorative.

Last Agent to Sell the Property

Max Lindenberger

HomeSmart, Evergreen Realty Brokerage Phone: 949-813-6812 License #02073155 Listed on: 02/05/2025

HomeSmart, Evergreen Realty

Last Buyer's Agent

Shelly Reyland

Re/Max Coastal Homes License #01401259

Re/Max Coastal Homes

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,373

Year Built

  • Built in 1992

HOA Fees

Parking

  • 2 Car Attached Garage

Property Views

  • Mountain
  • Hills
  • Neighborhood

Interior Spaces

  • 1,306 Sq Ft Home
  • 3-Story Property
  • Dual Staircase
  • Gas Fireplace
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Upper Level Bedrooms
  • Jack-and-Jill Bathroom
  • Bathtub
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry in Garage
  • Washer Hookup

Additional Features

  • Balcony
  • Two or More Common Walls
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 4
  • Tax Tract Number 13666
  • Assessor Parcel Number 93083031
  • Seller Considering Concessions

Community Details

Overview

  • 124 Units
  • Montana Del Lago Association, Phone Number (714) 285-2626
  • Samlarc Association, Phone Number (949) 448-6000
  • Montana Del Lago Subdivision
  • Community Lake

Amenities

  • Outdoor Cooking Area
  • Community Barbecue Grill

Recreation

  • Community Playground
  • Community Pool
  • Community Spa
  • Bike Trail

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,373

Year Built

Built in 1992

Lot Details

0

HOA Fees

$597 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: Yes
  • Subdivision Name Other: Montana Del Lago (MDL)
  • View: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93083031
  • Year Built: 1992
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1306.00 Square Feet
  • Interior Amenities: 2 Staircases, Balcony
  • Stories: 3
  • Entry Location: Front door and garage
  • Common Walls: 2+ Common Walls
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Level: 2
  • Fireplace Features: Gas
  • Levels: Three Or More
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 547.47
  • Room Type: All Bedrooms Up, Jack & Jill
  • Bathroom Features: Bathtub, Shower

Exterior Features

  • View: Hills, Mountain(s), Neighborhood
  • Pool Features: Association, Community
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher
  • Heating Type: Central
  • Laundry Features: In Garage, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association: Samlarc
  • Amenities: Pool, Spa/Hot Tub, Barbecue, Outdoor Cooking Area, Playground, Biking Trails, Electricity, Pets Permitted, Call for Rules
  • Association Fee: 510.00
  • Association #2 Fee: 87.00
  • Association Fee Frequency: Monthly
  • Association Name: Montana Del Lago
  • Phone: 714-285-2626
  • Association Phone #2: 949-448-6000
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Biking, Curbs, Lake
  • Association Management: Montana Del Lago

Schools

  • School District: Saddleback Valley Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Land Lease Purchase: No
  • Lot Size Sq Ft: 42046.00
  • Lot Size Acres: 0.9652

Multi Family

  • Lease Considered: No
  • Lot Size Area: 42046.0000 Square Feet
  • Number Of Units In Community: 124
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 320.51
  • Tax Lot: 4
  • Tax Tract Number: 13666

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 24, 2021
Closed on
Apr 14, 2021
Sold by
Wilson Ryan David and Wilson Jessica Joyce
Bought by
Kaye Alexander
Seller's Agent
Nazik Tatavoosian
HomeSmart, Evergreen Realty
Buyer's Agent
Max Lindenberger
HomeSmart, Evergreen Realty
List Price
$565,000
Sold Price
$574,000
Premium/Discount to List
$9,000
1.59%
Current Estimated Value
$723,656

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$149,656
Avg. Annual Appreciation
5.70%
Original Mortgage
$459,200
Outstanding Balance
$417,915
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$305,741

Purchase Details

Listed on
Jan 3, 2019
Closed on
Mar 22, 2019
Sold by
Cooper Matthew and Salleh Annisa
Bought by
Wilson Ryan David and Wilson Jessica Joyce
Seller's Agent
Teagan Prukop
HomeSmart, Evergreen Realty
Buyer's Agent
Nazik Tatavoosian
HomeSmart, Evergreen Realty
List Price
$479,500
Sold Price
$467,000
Premium/Discount to List
-$12,500
-2.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.32%
Original Mortgage
$350,250
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 31, 2015
Sold by
Cooper Matthew
Bought by
Cooper Matthew and Salleh Annisa

Purchase Details

Listed on
Nov 8, 2013
Closed on
Mar 5, 2014
Sold by
Vidovich Joel L and Malone Vidovich Reni
Bought by
Cooper Matthew
Seller's Agent
Kelly Mortensen
Compass
Buyer's Agent
Piere Pirnejad
Maxim Realty Group
List Price
$409,900
Sold Price
$390,000
Premium/Discount to List
-$19,900
-4.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.60%
Original Mortgage
$351,000
Interest Rate
4.18%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 25, 2008
Sold by
Vidovich Joel L and Malone Vidovich Reni
Bought by
Vidovich Joel L and Malone Vidovich Reni

Purchase Details

Closed on
Sep 29, 2006
Sold by
Ortiz Augusto and Ortiz Genevieve Suzanne
Bought by
Vidovich Joel and Vidovich Reni Malone

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$303,000
Interest Rate
6%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 3, 2002
Sold by
Pinner Maurice and Pinner Annette
Bought by
Ortiz Augusto and Ortiz Genevieve Suzanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,000
Interest Rate
6.12%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $574,000 Lawyers Title Company
Grant Deed $467,000 Fidelity National Title
Interfamily Deed Transfer -- None Available
Grant Deed $390,000 Ticor Title Orange
Interfamily Deed Transfer -- None Available
Grant Deed $435,000 Equity Title Company
Grant Deed $270,000 American Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $459,200 New Conventional
Previous Owner $350,000 New Conventional
Previous Owner $346,341 New Conventional
Previous Owner $350,250 New Conventional
Previous Owner $351,000 New Conventional
Previous Owner $309,500 Unknown
Previous Owner $303,000 New Conventional
Previous Owner $289,500 Unknown
Previous Owner $247,000 Unknown
Previous Owner $243,000 No Value Available
Previous Owner $213,300 Unknown
Previous Owner $37,500 Stand Alone Second
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/23/2025 07/23/25 Rented $3,500 -6.7% --
07/01/2025 07/01/25 For Rent $3,750 0.0% --
06/16/2025 06/16/25 Sold $714,995 0.0% $547 / Sq Ft
04/27/2025 04/27/25 Price Changed $714,995 -3.4% $547 / Sq Ft
03/25/2025 03/25/25 Price Changed $739,995 -1.3% $567 / Sq Ft
03/06/2025 03/06/25 For Sale $749,995 +4.9% $574 / Sq Ft
02/27/2025 02/27/25 Off Market $714,995 -- --
02/05/2025 02/05/25 For Sale $749,995 +30.7% $574 / Sq Ft
05/20/2021 05/20/21 Sold $574,000 +1.6% $399 / Sq Ft
04/10/2021 04/10/21 Pending -- -- --
04/06/2021 04/06/21 For Sale $565,000 -1.6% $393 / Sq Ft
04/05/2021 04/05/21 Off Market $574,000 -- --
04/03/2021 04/03/21 For Sale $565,000 -1.6% $393 / Sq Ft
04/02/2021 04/02/21 Off Market $574,000 -- --
03/24/2021 03/24/21 For Sale $565,000 +21.0% $393 / Sq Ft
04/16/2019 04/16/19 Sold $467,000 -0.6% $325 / Sq Ft
02/22/2019 02/22/19 Price Changed $469,900 -2.0% $327 / Sq Ft
01/03/2019 01/03/19 For Sale $479,500 +22.9% $333 / Sq Ft
03/21/2014 03/21/14 Sold $390,000 +0.1% $265 / Sq Ft
02/14/2014 02/14/14 Pending -- -- --
12/27/2013 12/27/13 Price Changed $389,500 -2.6% $264 / Sq Ft
11/27/2013 11/27/13 Price Changed $399,950 -2.4% $272 / Sq Ft
11/08/2013 11/08/13 For Sale $409,900 -- $278 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $6,373 $609,132 $450,616 $158,516
2023 $6,228 $597,189 $441,781 $155,408
2022 $6,124 $585,480 $433,119 $152,361
2021 $4,596 $481,274 $326,895 $154,379
2020 $4,923 $476,340 $323,543 $152,797
2019 $5,053 $428,576 $273,355 $155,221
2018 $4,978 $420,173 $267,995 $152,178
2017 $5,029 $411,935 $262,740 $149,195
2016 $5,223 $403,858 $257,588 $146,270
2015 $5,312 $397,792 $253,719 $144,073
2014 -- $377,175 $193,999 $183,176
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC25025814

California Regional Multiple Listing Service (CRMLS)

APN: 930-830-31