$702,000 - $755,623
RENTED JUL 23, 2025

248 Montana Del Lago Dr Rancho Santa Margarita, CA 92688

2 Beds
2.5 Baths
1,306 Sq Ft
1994 Built

Last Sold June 16, 2025

Last sale price $714,995 $547 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $4,535/month

Highlights

  • Spa
  • No Units Above
  • Community Lake
  • Trabuco Mesa Elementary School Rated A
  • View of Hills
  • 4-minute walk to Rancho Santa Margarita Lake Park

About This Home

As of July 2025

Welcome to this beautifully updated 2-bedroom, 2.5-bathroom condo located in the desirable Montana Del Lago community of Rancho Santa Margarita. With 1,306 square feet of thoughtfully designed living space, this home features an open floor plan with dual primary suites, each with its own full bathroom, plus a convenient powder room on the main level. Enjoy recent upgrades throughout, brand new carpet, new AC unit, granite countertops, remodeled primary bathroom, wood flooring, fresh interior paint, and updated tile and trim in the second bathroom. The light-filled living and dining areas offers beautiful wood flooring and a decorative fireplace that adds warmth and charm. The updated kitchen includes newer appliances, stylish faucets, an eat-in nook, and access to a private balcony perfect for enjoying morning coffee or an evening breeze. Townhouse style condo with no neighbors above or below! The attached 2-car tandem garage offers ample storage. Enjoy resort-style living with access to a sparkling community pool, spa. Just steps to the Rancho Santa Margarita lake, shops, restaurants, and recreational amenities including scenic hiking and biking trails. Located in the award-winning Saddleback Valley Unified School District, this exceptional home offers comfort, style, and unbeatable convenience.

Last Agent to Rent the Property

Shelly Reyland

Re/Max Coastal Homes Brokerage Phone: 9492125036 License #01401259 Listed on: 07/01/2025

Re/Max Coastal Homes

Last Renter's Agent

Sirrekka Schoenfeld

Re/Max Coastal Homes License #02166471

Re/Max Coastal Homes

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,373

Year Built

  • Built in 1994

Lot Details

  • No Units Above
  • No Units Located Below
  • Two or More Common Walls
  • Density is 6-10 Units/Acre

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 1,306 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Living Room with Fireplace
  • Dining Room
  • Views of Hills

Kitchen

  • Convection Oven
  • Microwave
  • Freezer
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Upper Level Bedrooms
  • Dual Sinks
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry in Garage
  • Washer Hookup

Outdoor Features

  • Spa
  • Deck
  • Patio

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Security Deposit $3,750
  • Rent includes association dues, gardener, pool, sewer
  • 12-Month Minimum Lease Term
  • Available 7/1/25
  • Tax Lot 1
  • Tax Tract Number 1
  • Assessor Parcel Number 93083031
  • Seller Considering Concessions

Community Details

Overview

  • Property has a Home Owners Association
  • 100 Units
  • Montana Del Lago Subdivision
  • Community Lake

Recreation

  • Community Pool
  • Community Spa
  • Hiking Trails

Pet Policy

  • Call for details about the types of pets allowed
  • Pet Deposit $500

Condo Details

Home Type

Condominium

Est. Annual Taxes

$6,373

Year Built

Built in 1994

Lot Details

0

Parking

2

Rental Info

  • Cashiers Check: 1ST Month Rent, Security Deposit
  • Available Date: 2025-07-01
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Key: 500
  • Deposit Pets: 500
  • Deposit Security: 3750
  • Furnished: Unfurnished
  • Pets Allowed: Call
  • Total Move In Costs: 7500.00
  • Transfer Fee Paid By: Owner

Listing Details

  • Structure Type: Multi Family
  • Other Phone Description: 949-503-7944
  • Property Attached: Yes
  • Subdivision Name Other: Montana Del Lago (MDL)
  • View: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential Lease
  • Parcel Number: 93083031
  • Year Built: 1994
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1306.00 Square Feet
  • Stories: 2
  • Entry Location: 1
  • Common Walls: 2+ Common Walls, No One Above, No One Below
  • Flooring: Carpet, Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: Dining Room
  • Entry Level: 1
  • Fireplace Features: Living Room, Gas
  • Levels: Three Or More
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 2.68
  • Room Type: All Bedrooms Up
  • Spa Features: Association
  • Bathroom Features: Double Sinks In Bath(s), Walk-In Shower
  • Room Kitchen Features: Granite Counters

Exterior Features

  • Patio: Yes
  • View: Hills
  • Patio And Porch Features: Deck
  • Pool Features: Association
  • Pool Private: No
  • Spa: Yes

Garage/Parking

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

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Convection Oven, Dishwasher, Freezer, Microwave, Refrigerator
  • Electric: Standard
  • 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
  • Amenities: Pool, Spa/Hot Tub
  • Senior Community: No
  • Community Features: Hiking, Lake

Schools

  • School District: Saddleback Valley Unified

Lot Info

  • Additional Parcels: No
  • Lot Features: 6-10 Units/Acre

Multi Family

  • Insurance Water Furniture: Yes
  • Lease Term: 12 Months
  • Number Of Units In Community: 100
  • Number Of Units Total: 100
  • Rent Includes: Association Dues, Gardener, Pool, Sewer

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 1

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

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Kaye Alexander $574,000 Lawyers Title Company
Wilson Ryan David $467,000 Fidelity National Title
Cooper Matthew -- None Available
Cooper Matthew $390,000 Ticor Title Orange
Vidovich Joel L -- None Available
Vidovich Joel $435,000 Equity Title Company
Ortiz Augusto $270,000 American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kaye Alexander $459,200
Previous Owner Wilson Ryan David $350,000
Previous Owner Wilson Ryan David $346,341
Previous Owner Wilson Ryan David $350,250
Previous Owner Cooper Matthew $351,000
Previous Owner Vidovich Joel $309,500
Previous Owner Vidovich Joel $303,000
Previous Owner Ortiz Augusto $289,500
Previous Owner Ortiz Augusto $247,000
Previous Owner Ortiz Augusto $243,000
Previous Owner Pinner Maurice $213,300
Previous Owner Pinner Maurice $37,500
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: OC25147395

California Regional Multiple Listing Service (CRMLS)

APN: 930-830-31