Rancho Santa Margarita North (R1) Homes with Lake View

Welcome to Rancho Santa Margarita North (R1), a picturesque neighborhood nestled in the heart of Orange County, California. This charming community offers a perfect blend of natural beauty and modern amenities, making it an ideal place to call home.

Located in the city of Rancho Santa Margarita, R1 boasts stunning homes with breathtaking lake views. Imagine waking up to the tranquil sight of the shimmering waters every morning, creating a serene and peaceful ambiance for residents to enjoy.

Living in R1 means having access to a range of outdoor activities, from hiking and biking trails to water sports on the lake. The community is also known for its top-rated schools, family-friendly atmosphere, and convenient proximity to shopping, dining, and entertainment options.

Whether you're looking for a cozy retreat or a place to raise a family, Rancho Santa Margarita North (R1) has something for everyone. Come and experience the beauty and charm of this unique neighborhood where homes with lake views are not just a dream but a reality.

Newest Rancho Santa Margarita North (R1) Homes with Lake View

$1,199,000

3 Beds ⋅ 3 Baths ⋅ OC26151638 MLS ⋅ Active Status

This Rarely on The Market Marbella 3-Bedrooms, 2.5 Baths Lakefront Beauty Can be yours to Enjoy if You Act Fast! It Is Well Priced for a Lakefront Property! Enjoy Direct View of The Lake From Your Own Home! The Beautiful Sunsets Are All Yours! Just Open Your Private Gate in the Backyard and Take a Relaxing Walk Around The Lake (Your Dog(s) Will Thank You for it! Open Floor Plan with Large "Pella" Sliding Doors to Capitalize on The Gorgeous Lake View. Nice Kitchen Can Accommodate 2 Chefs Cooking Delicious Foods Simultaneously! Refrigerator Included! Upgrades Include Warm and Elegant Vinyl Flooring Throughout! Here Are Some Other Added Improvements: New "Pella" Windows, New Turf, New Outdoor Lighting and Sprinklers, New Air Ducts As Well As New Attic Insulation, Fully Remodeled Master Bath With a Soaking Tub, a Light up/ Anti Fog Bathroom Mirror, and a Walk-in Closet! New Epoxy Garage Flooring, Smart Lock (on Front Door), New Modern Toilet w/Bidet in Powder Room Downstairs, New Range Hood in the Kitchen,Fresh Paint Throughout, Just to name a few! Don't Forget The Balcony Upstairs Off the Master Suite and The Gorgeous View it Offers. Walking Across the Lake to The Beach Club is a Quite a Treat! Just a Few Steps Down Your Street is a Community Pool and SPA Waiting For You! This is a Resort Style Living! On July 4th, Watch The Exciting Fireworks From your Own Backyard! Good Schools Are Nearby and So Are The Shops and Parks, Restaurants and The 241 Toll Road!

31 Calle Melinda, Rancho Santa Margarita

$899,000

3 Beds ⋅ 2 Baths ⋅ OC26123254 MLS ⋅ Active Status

Experience the best of lakeside living in one of Montana Del Lago’s premier waterfront residences on Santa Margarita Lake. Spectacular panoramic lake views, an attached side-by-side two-car garage, and a highly desirable upper-level floor plan with all bedrooms and main living areas on one level make this an exceptional offering in one of Rancho Santa Margarita’s most sought-after communities. Wake each morning to tranquil lake views from the primary suite and enjoy picturesque vistas from the living room, dining area, kitchen, balcony, and an additional bedroom. More than just a beautiful view, the exceptional waterfront setting creates an atmosphere of serenity that enhances everyday living. Thoughtfully updated throughout, the home features a beautifully renovated contemporary primary shower, newer carpeting, fresh interior paint, upgraded lighting, a smart entry lock, and Milgard windows and a Milgard sliding glass door. The open-concept kitchen flows seamlessly into the dining and living areas, maximizing the home’s stunning waterfront setting. The lake-view balcony is the perfect place to enjoy your morning coffee, read a favorite book, or simply relax while overlooking the sparkling waters of Santa Margarita Lake. Residents enjoy Montana Del Lago’s recently renovated pool, along with SAMLARC amenities including the Beach Club Lagoon, multiple pools, parks, playgrounds, sports courts, fishing, scenic walking paths, community events, summer concerts, and holiday celebrations. Ideally located near shopping, dining, parks, and trails, this exceptional home offers the perfect blend of waterfront living, thoughtful updates, and everyday convenience. A home where spectacular views and an exceptional lifestyle become part of everyday living.

169 Montana Del Lago Drive, Rancho Santa Margarita

$1,099,000

4 Beds ⋅ 3 Baths ⋅ OC26093697 MLS ⋅ Active Status

Rare Lakefront View Property — Entertainer’s Paradise - A truly rare opportunity to own one of the few properties with a direct view of the beautiful RSM Lake. This exceptional detached condo offers a highly desirable location just steps from the lake, swimming lagoon, shops, restaurants, and the very best of Rancho Santa Margarita living. Beautifully upgraded throughout, the home features 3 bedrooms plus a basement that could easily serve as a 4th bedroom, office, gym, media room, or flexible living space. The interior is warm, elegant, and move-in ready, with rich dark wood floors throughout, upgraded baseboards, plantation shutters, custom paint, custom light fixtures, surround sound, and a welcoming fireplace. The kitchen has been thoughtfully enhanced with custom cabinetry, all-new stone countertops, and new stainless steel appliances, creating a refined and functional space for everyday living and entertaining. The bathrooms have also been tastefully upgraded, adding to the home’s polished, turnkey appeal. The spacious primary suite includes a walk-in closet, while additional conveniences include the refrigerator, washer and dryer, LeafFilter rain gutter system, new A/C installed in 2019, and storage cabinets in the garage. The backyard is a private and meticulous retreat, finished with elegant gray slate tile and a beautiful fountain—perfect for relaxing, dining outdoors, or entertaining guests. With its rare lake-view setting, upgraded interior, flexible floor plan, and walkable lifestyle location, this is a truly special property offering comfort, style, and convenience in one of Rancho Santa Margarita’s most desirable settings. Property is considered a detached condo.

237 Montana del Lago Drive, Rancho Santa Margarita

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.