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

$1,099,000

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.