232 Montana Del Lago Drive, Rancho Santa Margarita, California 92688, Rancho Santa Margarita, - bed, bath

home-pic
ACTIVE$849,900
232 Montana Del Lago Drive, Rancho Santa Margarita, California 92688
3Beds
2Baths
1,440Sqft
42,046Lot
Year Built
1990
Close
-
List price
$850K
Original List price
$899K
Price/Sqft
-
HOA
$486
Days on market
-
Sold On
-
MLS number
PT25007616
Home ConditionGood
Features
Patio
View-

About this home

Don't miss your opportunity to own this amazing end unit in the lakefront community of Montana Del Lago! This condo features 3 bedrooms + Bonus room, 2 full baths both with double sinks, a private enclosed patio & a two car direct-access tandem garage. NEW wood-feel tile flooring upstairs, wood laminate flooring downstairs, crown molding throughout, and working fireplace. The kitchen includes plenty of cabinet space, granite countertops, new faucet and a sufficient amount of light. Huge master bedroom with an additional double door access to the third bedroom (can double as an office). Huge second bedroom. Bonus room/4th bedroom is downstairs and can be used as a family room, game room, or bedroom. New sinks, faucets, and toilets in both bathrooms! Amenities include pool, spa, tennis, lake access, & exercise facility. Minutes from all shops, restaurants, entertainment & schools, this home is a must see! AC unit replaced 6/2024. Water heater replaced 2024. Washer, Dryer, Frig and Dishwasher new in 2020.

Nearby schools

7/10
Trabuco Mesa Elementary School
Public,PK-60.4mi
7/10
Rancho Santa Margarita Intermediate School
Public,7-80.4mi
8/10
Trabuco Hills High School
Public,9-123.8mi
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (103 Listings)
Beds32
74%
Baths22
50%
Square foot1,4401,027
86%
Lot Size42,04631,622
56%
Price$850K$659K
76%
Price per square foot$590$662.5
16%
Built year19909950995
59%
HOA$486$452
73%
Days on market296174
96%
Condition Rating
Good

The property was built in 1990, but the listing mentions and images show recent updates, including new flooring, bathroom fixtures, and kitchen faucet. The AC unit and water heater were also recently replaced. The kitchen has granite countertops and stainless steel appliances, which are in good condition. While not fully renovated, the updates and well-maintained systems suggest a 'good' condition.
Pros & Cons

Pros

Lakefront Community: Located in the desirable lakefront community of Montana Del Lago, offering access to lake amenities.
Recent Upgrades: Features new wood-feel tile flooring, new sinks, faucets, toilets, and recently replaced AC unit and water heater (2024).
Spacious Layout: Includes 3 bedrooms + bonus room, providing flexible living space for various needs.
Direct Access Garage: Offers a two-car direct-access tandem garage, providing secure and convenient parking.
Community Amenities: Access to community pool, spa, tennis courts, exercise facility, and lake access.

Cons

Association Fees: The monthly association fee is $486.0, which could be a significant expense for some buyers.
Tandem Garage: The two-car garage is a tandem style, which may not be ideal for all residents.
Original List Price Reduction: The property has experienced a price reduction from its original list price, which may indicate market resistance.

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