Please reload the page to update with the latest MLS information available.

Please reload the page to update with the latest MLS information available.

Please reload the page to update with the latest MLS information available.

Reload
 

40 Tierra MontanosaRancho Santa Margarita, CA 92688

Condo/Townhouse · 2 Beds · 2 Full Baths · 1,164 Sq. ft. | 0.68 Acres
$799,000 Active

40 Tierra Montanosa Overview

Time on Site:
225 days
Visits:
3

2 Bedrooms + Loft & Attached 2-Car Garage with Direct Access! This beautiful private end-unit home is filled with natural light and features soaring high ceilings, creating a bright and open feel throughout.This move-in-ready residence features 2 bedrooms, 2 bathrooms, a loft, and a spacious 2-car attached garage with direct access. Enter through your private entry and climb to your single-level living area, where vaulted ceilings, abundant light, wood floors, plantation shutters, and a cozy fireplace greet you. The open floor plan flows through a generous living room, defined dining area, and a convenient workspace tucked beneath the stairs. The loft area offers tremendous flexibility — ideal for a second office, creative space, or home gym. The primary suite features a large walk-in closet with custom shelving and a generous bathroom. Enjoy afternoon sun on the balcony — perfect for relaxing or entertaining. All appliances are included, and laundry is located in the garage. With no one above or below and only one shared wall, this home offers the best of condo living in a peaceful Rancho Santa Margarita community. The end-unit is especially private, with the front door facing trees and shrubs. As a member of the SAMLARC community, residents gain access to an impressive amenity package — including the man-made Lago Santa Margarita and Beach Club lagoon, multiple pools, and an extensive network of parks and trails.

Love this property?
Create a profile so you can receive updates on this property as soon as they happen!
View Map

40 Tierra Montanosa Facts & Features

  • Type Condo/Townhouse
  • Sq. ft. 1,164
  • Price/Sq.ft. $686
  • Lot 0.68 Acres

Details

General

Association/HOA

  • Association Amenities: Sport Court,Maintenance Grounds,Meeting Room,Meeting/Banquet/Party Room,Outdoor Cooking Area,Barbecue,Playground,Pickleball,Pool,Recreation Room,Spa/Hot Tub,Tennis Court(s)
  • Association Fee: 518.0
  • Association Fee 2: 87.0
  • Association Fee 2 Frequency: Monthly
  • Association Fee Frequency: Monthly
  • Association Name: Tierra Montanosa
  • Association Name 2: Samlarc
  • Association: Yes
  • Common Interest: Condominium

School Information

  • School District: Saddleback Valley Unified
  • Elementary School: Melinda Heights
  • Middle Or Junior School: Rancho Santa Margarita
  • High School: Trabucco Hills

Listing Information

  • Contingency: Contingent the seller finding his replacement property and a concurrent close.

Building Information

  • New Construction: No
  • Year Built: 1996

Location/Region

  • Country: US
  • County Or Parish: Orange
  • MLS Area Major: R1 - Rancho Santa Margarita North
  • Postal City: RANCHO SANTA MARGARITA
  • Subdivision Name: Tierra Montanosa (TIEM)

Community/Development

  • Community Features: Biking,Curbs,Hiking,Lake,Street Lights,Park
  • Number Of Units In Community: 235

Rent/Lease Information

  • Land Lease: No
  • Lease Considered: No

General Information

  • Disclosures: Covenants/Restrictions Disclosure
  • Inclusions: Appliances
  • Listing Terms: Cash to New Loan
  • Parcel Number: 93812287
  • Property Condition: Turnkey
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Senior Community: No
  • Special Listing Conditions: Standard

Interior

Parking Information

  • Garage Spaces: 2.0
  • Garage: Yes

Beds/Baths

  • Bathrooms Full: 2
  • Bathrooms Total: 2
  • Bedrooms Total: 2

General Information

  • Accessibility Features: None
  • Appliances: Dishwasher,Gas Oven,Microwave,Refrigerator
  • Common Walls: 1 Common Wall
  • Electric: Electricity - On Property
  • Entry Level: 1
  • Entry Location: 1
  • Fireplace Features: Living Room
  • Fireplace: Yes
  • Flooring: Laminate
  • Foundation Details: Slab
  • Interior Features: Breakfast Bar,Separate/Formal Dining Room,Open Floorplan,Recessed Lighting,All Bedrooms Up,Loft,Primary Suite
  • Laundry Features: In Garage
  • Levels: One
  • Living Area: 1164.0
  • Living Area Source: Assessor
  • Living Area Units: Square Feet
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Security Features: Carbon Monoxide Detector(s),Smoke Detector(s)
  • Spa Features: Association
  • Spa: Yes
  • Stories: 1
  • Stories Total: 2
  • Window Features: Shutters

Exterior

Parking Information

  • Parking Features: Door-Multi,Direct Access,Garage,Guest
  • Parking Total: 2.0

Lot Information

  • Additional Parcels: No
  • Lot Features: Near Park
  • Lot Size Acres: 0.6803
  • Lot Size Area: 29634.0
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 29634.0
  • Lot Size Units: Square Feet
  • Elevation Units: Feet
  • Water Source: Public

Waterfront/View

    Building Exterior/Construction

    • Architectural Style: Mediterranean
    • Attached Garage: Yes
    • Construction Materials: Stucco
    • Direction Faces: South
    • Patio And Porch Features: Deck
    • Property Attached: Yes
    • Roof: Tile
    • Structure Type: Multi Family

    General Information

    • Number Of Units Total: 1
    • Pool Features: Association
    • Pool Private: No
    • Sewer: Public Sewer
    • Utilities: Cable Connected,Electricity Connected,Natural Gas Connected,Sewer Connected,Water Connected

    40 Tierra Montanosa Neighborhood

    Community

    92688 (RANCHO SANTA MARGARITA) Demographics

    38
    Median Age
    4,073
    Population Density (per sq. mile)
    58%
    College Educated
    $116,557
    Estimated Median Income
    10,697
    Estimated Total Home Owners
    4,896
    Estimated Total Renters
    69% / 31%
    Estimated Owner / Renter Divide
    3
    Estimated Average Household Size
    Community data courtesy of LiveBy, Inc.

    Schools

    School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

    40 Tierra Montanosa Monthly Cost

    $
    $ %
    %
    $
    $
    * All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

    40 Tierra Montanosa Market Data

    Based on the last 30 days in this zip code

    $914,834
    Average List Price
    $651
    Average Price per Square Foot
    31
    Properties Sold
    59
    Average Days on Market
    253
    Properties for Sale
    Calculations provided by Reliance Network

    40 Tierra Montanosa History

    Date Event Value Agent
    4/9/2026Source: CRMLS Status Change
    Active
    3/20/2026Source: CRMLS Status Change
    Pending
    11/17/2025Source: CRMLS Added to Database
    November 17, 2025
    11/8/2022Source: CRMLS Added to Database
    November 08, 2022
    10/13/2022Source: CRMLS Added to Database
    October 13, 2022
    9/22/2022Source: CRMLS Added to Database
    September 22, 2022
    Listing provided courtesy of eXp Realty of Greater Los Angeles, Inc.Mickey Tameifuna- MLS# OC25257190MLS ProviderContact Information: [email protected] - 888-584-9427