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Off market
  • $746,400

    246 Montana Del Lago Dr, Rancho Santa Margarita, CA 92688

    3beds
    1,344sqft
    Apartment
    Built in ----
    -- sqft lot
    $746,400 Zestimate®
    $555/sqft
    $4,369 Estimated rent

    Home value

    $746,400

    $709,000 - $791,000

    $4,369/mo

    Zestimate® history
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    What's special

    Cozy fireplaceEn-suite bathroomRare corner unitStainless steel sinkBeautifully updated townhomeSoaring ceilingsLight-filled open-concept floor plan

    Welcome to 246 Montana Del Lago Drive a beautifully updated townhome ideally located in the tranquil lakeside community of Montana Del Lago in Rancho Santa Margarita. This rare corner unit offers the perfect blend of privacy, comfort, and convenience, just steps away from the lake, beach club, scenic walking trails, and all the lifestyle amenities this sought-after neighborhood provides. Boasting approximately 1,350 square feet of living space, this thoughtfully designed three-bedroom, two-bathroom home features a light-filled, open-concept floor plan with soaring ceilings and upgraded finishes throughout. The main living area is warm and inviting, highlighted by rich laminate flooring, a cozy fireplace, and expansive windows that frame the surrounding greenery. The remodeled kitchen offers granite countertops, a stainless steel sink, updated cabinetry, and direct access to the dining area ideal for both casual meals and entertaining. Upstairs, the spacious primary suite serves as a private retreat, complete with ample closet space and an en-suite bathroom. Two additional bedrooms provide flexibility for guest rooms, a home office, or growing households. Additional features include plush new carpeting in the bedrooms, an upgraded water softener system, inside laundry, and an attached two-car side-by-side garage with direct access, plus an extra parking pass for guests. Residents enjoy access to the sparkling community pool and spa, as well as immediate proximity to Rancho Santa Margarita Lake, local parks, award-winning schools, and nearby shopping and dining options. This is a rare opportunity to lease a turnkey home in one of Orange County's most desirable neighborhoods offering not just a residence, but a lifestyle. Renter is responsible for all utilities.

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Zillow last checked:

    Listing updated:

    Source: Zillow Rentals

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Forced Air
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Microwave, Oven, WD Hookup
    • Laundry: Hookups
    Features
    • WD Hookup
    • Flooring: Carpet, Hardwood, Tile
    Interior area
    • Total interior livable area: 1,344 sqft

    Property

    Parking
    • Parking features: Attached
    • Has attached garage: Yes
    • Details: Contact manager
    Features
    • Exterior features: Heating system: Forced Air, No Utilities included in rent
    • Pool features: Pool
    Details
    • Parcel number: 93083033

    Construction

    Type & style
    • Home type: Apartment
    • Property subtype: Apartment

    Community & HOA

    Community
    • Features: Pool
    • Deposit fee: $3,650
    HOA
    • Amenities included: Pool
    Location
    • Region: Rancho Santa Margarita

    Financial & listing details

    • Price per square foot: $555/sqft
    • Tax assessed value: $535,884
    • Annual tax amount: $5,590
    • Date on market: 2/11/2026
    • Date available: 02/11/2026
    • Lease term: 1 Year

    Price history

    DateEventPrice
    2/26/2026Listing removed$3,650$3/sqft
    Source: Zillow Rentals Report a problem
    2/12/2026Listed for rent$3,650$3/sqft
    Source: Zillow Rentals Report a problem
    2/12/2026Listing removed$3,650$3/sqft
    Source: Zillow Rentals Report a problem
    1/3/2026Price change$3,650-2.7%$3/sqft
    Source: Zillow Rentals Report a problem
    12/4/2025Price change$3,750-3.8%$3/sqft
    Source: Zillow Rentals Report a problem
    11/21/2025Price change$3,900-2.4%$3/sqft
    Source: Zillow Rentals Report a problem
    10/31/2025Listed for rent$3,995+50.8%$3/sqft
    Source: Zillow Rentals Report a problem
    11/1/2019Listing removed$2,650$2/sqft
    Source: H & M Realty Group #OC19176968 Report a problem
    10/26/2019Price change$2,650-1.7%$2/sqft
    Source: H & M Realty Group #OC19176968 Report a problem
    10/14/2019Price change$2,695-0.2%$2/sqft
    Source: H & M Realty Group #OC19176968 Report a problem
    9/23/2019Price change$2,700-1.8%$2/sqft
    Source: H & M Realty Group #OC19176968 Report a problem
    8/28/2019Price change$2,750-1.6%$2/sqft
    Source: H & M Realty Group #OC19176968 Report a problem
    7/27/2019Listed for rent$2,795$2/sqft
    Source: H & M Realty Group #OC19176968 Report a problem
    7/25/2019Sold$490,000-3.7%$365/sqft
    Source: Glendale AOR ZDD #190032254 Report a problem
    7/12/2019Price change$508,990-0.2%$379/sqft
    Source: Boyu Wang, Broker #190020799 Report a problem
    7/12/2019Pending sale$509,990$379/sqft
    Source: Boyu Wang, Broker #190020799 Report a problem
    6/12/2019Price change$509,990+0.2%$379/sqft
    Source: Boyu Wang, Broker #190032254 Report a problem
    6/11/2019Listed for sale$508,990+21.2%$379/sqft
    Source: San Diego County SPN #190032254 Report a problem
    4/8/2015Sold$420,000$313/sqft
    Source: Public Record Report a problem
    3/17/2015Price change$420,000+0%$313/sqft
    Source: Coldwell Banker Residential Brokerage - Mission Viejo #OC15046339 Report a problem
    3/6/2015Listed for sale$419,900+5%$312/sqft
    Source: Coldwell Banker Residential Brokerage - Mission Viejo #OC15046339 Report a problem
    5/2/2014Sold$400,000-2.2%$298/sqft
    Source: Public Record Report a problem
    4/3/2014Pending sale$409,000$304/sqft
    Source: Maureen Benner, Broker #PW14040712 Report a problem
    3/4/2014Listed for sale$409,000$304/sqft
    Source: Maureen Benner, Broker #PW14040712 Report a problem
    3/4/2014Pending sale$409,000+48.7%$304/sqft
    Source: Maureen Benner, Broker #PW14040712 Report a problem
    11/16/2012Sold$275,000-43.9%$205/sqft
    Source: CDAR/ Desert Area MLS #21452777 Report a problem
    5/19/2006Sold$490,000+38%$365/sqft
    Source: Public Record Report a problem
    1/13/2004Sold$355,000+56%$264/sqft
    Source: Public Record Report a problem
    6/15/2001Sold$227,500+63.7%$169/sqft
    Source: Public Record Report a problem
    12/14/1993Sold$139,000$103/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$5,590 +1.8%$535,884 +2%
    2024$5,492 +2.3%$525,377 +2%
    2023$5,368 +1.7%$515,076 +2%
    2022$5,278 +9.7%$504,977 +2%
    2021$4,813 -6.3%$495,076 +1%
    2020$5,139 $490,000 +8.3%
    2019$5,139 -4%$452,503 +2%
    2018$5,355 +0.4%$443,631 +2%
    2017$5,334 $434,933 +2%
    2016$5,334 -3.5%$426,405 +4.5%
    2015$5,526 +50.7%$407,992 +47.7%
    2014$3,667 $276,248 +0.5%
    2013-- $275,000 -25.1%
    2012-- $367,000
    2011-- $367,000 +13.6%
    2010-- $323,000 -4.4%
    2009-- $338,000 -9.9%
    2008-- $375,000 -25%
    2007-- $499,800 +35.3%
    2006-- $369,342 +2%
    2005-- $362,100 +50.2%
    2004-- $241,110 +1.9%
    2003-- $236,691 +2%
    2002-- $232,050 +48%
    2001$2,138 +0.6%$156,789 +2%
    2000$2,125 $153,715
    Find assessor info on the county website

    Neighborhood: 92688

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $746,400
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    Estimated market value
    $746,400