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Sold for $714,995
  • Listed by: HomeSmart, Evergreen Realty • Max Lindenberger • Contact: 949-365-1888
    Bought with: Re/Max Coastal Homes
    $714,995

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

    2beds
    1,306sqft
    Condominium
    Built in 1992
    -- sqft lot
    $851,800 Zestimate®
    $547/sqft
    $3,604 Estimated rent

    Home value

    $851,800

    $801,000 - $911,000

    $3,604/mo

    Zestimate® history
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    What's special

    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Max Lindenberger DRE #02073155 949-813-6812,

    HomeSmart, Evergreen Realty

    Bought with:

    Shelly Reyland, DRE #01401259

    Re/Max Coastal Homes

    Source: CRMLS,MLS#: OC25025814MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    • Main level bathrooms: 1
    Rooms
    • Room types: Bathroom, Bedroom
    Bedroom
    • Features: All Bedrooms Up
    Bathroom
    • Features: Jack and Jill Bath
    Bathroom
    • Features: Bathtub, Separate Shower
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher
    • Laundry: Washer Hookup, In Garage
    Features
    • Balcony, Multiple Staircases, All Bedrooms Up, Jack and Jill Bath
    • Has fireplace: Yes
    • Fireplace features: Gas
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total interior livable area: 1,306 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage - Attached
    • Attached garage spaces: 2
    Features
    • Levels: Three Or More
    • Stories: 3
    • Entry location: Front door and garage
    • Pool features: Community, Association
    • Has view: Yes
    • View description: Hills, Mountain(s), Neighborhood
    Lot
    • Size: 0.97 Acres
    Details
    • Parcel number: 93083031
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 1992

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Biking, Curbs, Lake, Pool
    • Subdivision: Montana Del Lago (Mdl)
    HOA
    • Has HOA: Yes
    • Amenities included: Call for Rules, Electricity, Outdoor Cooking Area, Barbecue, Playground, Pool, Pets Allowed, Spa/Hot Tub, Trail(s)
    • HOA fee: $510 monthly
    • HOA name: Montana Del Lago
    • HOA phone: 714-285-2626
    • Second HOA fee: $87 monthly
    • Second HOA name: Samlarc
    • Second HOA phone: 949-448-6000
    Location
    • Region: Rancho Santa Margarita

    Financial & listing details

    • Price per square foot: $547/sqft
    • Tax assessed value: $621,314
    • Annual tax amount: $6,484
    • Date on market: 2/5/2025
    • Cumulative days on market: 78 days
    • Listing terms: Cash,Conventional,FHA,Fannie Mae,Freddie Mac
    • Exclusions: Items in garage, Furniture in home, TVs on wall, Bed Frames in rooms

    Price history

    DateEventPrice
    7/24/2025Listing removed$3,750$3/sqft
    Source: CRMLS #OC25147395 Report a problem
    7/1/2025Listed for rent$3,750$3/sqft
    Source: CRMLS #OC25147395 Report a problem
    6/16/2025Sold$714,995$547/sqft
    Source: CRMLS #OC25025814 Report a problem
    5/1/2025Contingent$714,995$547/sqft
    Source: CRMLS #OC25025814 Report a problem
    4/28/2025Price change$714,995-3.4%$547/sqft
    Source: CRMLS #OC25025814 Report a problem
    3/25/2025Price change$739,995-1.3%$567/sqft
    Source: CRMLS #OC25025814 Report a problem
    3/6/2025Listed for sale$749,995+30.7%$574/sqft
    Source: CRMLS #OC25025814 Report a problem
    5/20/2021Sold$574,000+22.9%$440/sqft
    Source: Public Record Report a problem
    4/16/2019Sold$467,000-0.6%$358/sqft
    Source: Public Record Report a problem
    3/20/2019Pending sale$469,900$360/sqft
    Source: HomeSmart, Evergreen Realty #OC19001036 Report a problem
    2/22/2019Price change$469,900-2%$360/sqft
    Source: HomeSmart, Evergreen Realty #OC19001036 Report a problem
    2/14/2019Listed for sale$479,500$367/sqft
    Source: HomeSmart, Evergreen Realty #OC19001036 Report a problem
    2/12/2019Pending sale$479,500$367/sqft
    Source: HomeSmart, Evergreen Realty #OC19001036 Report a problem
    1/3/2019Price change$479,500-1.9%$367/sqft
    Source: HomeSmart, Evergreen Realty #OC19001036 Report a problem
    11/12/2018Price change$489,000-2.1%$374/sqft
    Source: HomeSmart, Evergreen Realty #OC18262825 Report a problem
    11/8/2018Price change$499,500-2%$382/sqft
    Source: HomeSmart, Evergreen Realty #OC18262825 Report a problem
    11/1/2018Listed for sale$509,900+30.7%$390/sqft
    Source: HomeSmart, Evergreen Realty #OC18262825 Report a problem
    3/21/2014Sold$390,000+0.1%$299/sqft
    Source: Public Record Report a problem
    12/28/2013Price change$389,500-2.6%$298/sqft
    Source: Surterre Properties Inc #OC13227735 Report a problem
    11/28/2013Price change$399,950-2.4%$306/sqft
    Source: Surterre Properties Inc #OC13227735 Report a problem
    11/9/2013Listed for sale$409,900-5.8%$314/sqft
    Source: Surterre Properties Inc #OC13227735 Report a problem
    10/24/2006Sold$435,000+61.1%$333/sqft
    Source: Public Record Report a problem
    6/11/2002Sold$270,000$207/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$6,484 +1.8%$621,314 +2%
    2024$6,372 +2.3%$609,132 +2%
    2023$6,228 +1.7%$597,189 +2%
    2022$6,124 +33.2%$585,480 +21.7%
    2021$4,596 -6.6%$481,274 +1%
    2020$4,923 $476,340 +11.1%
    2019$4,923 -2.6%$428,576 +2%
    2018$5,053 +0.5%$420,173 +2%
    2017$5,029 $411,935 +2%
    2016$5,029 -3.7%$403,858 +1.5%
    2015$5,223 +6.9%$397,792 +5.5%
    2014$4,888 $377,175 +25%
    2013-- $301,740
    2012-- $301,740 -6%
    2011-- $321,000
    2010-- $321,000 -5.6%
    2009-- $340,000 -9.9%
    2008-- $377,500 -13.2%
    2007-- $435,000 +49%
    2006-- $291,874 +2%
    2005-- $286,151 +2%
    2004-- $280,541 +1.9%
    2003-- $275,400 +38.6%
    2002-- $198,703 +2%
    2001$2,619 +6.1%$194,807 +9.4%
    2000$2,468 $178,000
    Find assessor info on the county website

    Neighborhood: 92688

    Nearby schools

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    Estimated market value
    $851,800
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    Estimated market value
    $851,800