For sale Townhouse

Listed Nov 4, 2026

$699,000 Est. $4,623/mo

700 East Lake Drive Unit 136

  • 2

    Beds

  • 2

    Baths

  • 1,122

    Sq ft

The story

  • Pool

A Rare Opportunity to own a Beautifully Upgraded Townhome in the Highly Sought-after Morningside on the Lake. Majestic Sequoia redwoods, picturesque lakes, waterfalls, streams create a picturesque setting. Tucked away in a peaceful, private location, this light-filled two-bedroom townhome is surrounded by Hart Park and Santiago Trails and is a short walk to historic Old Towne Orange. The custom front door welcomes you into a spacious, open floor plan with a formal entry, spacious dining and living room with fireplace and sliding glass doors that open to a private patio overlooking the trees, lake and streams. The remodeled kitchen features granite countertops, stainless steel appliances, gas convection range and bright breakfast nook with sliding glass doors opening to the gated front courtyard. Upstairs, two generously sized bedrooms offer views of the surrounding natural beauty, one overlooking the redwoods and the other enjoying views of the scenic walking trails. The spacious primary bedroom features high ceilings, a ceiling fan, an expansive wall of closet space, direct access to the bath and beautiful leaded-glass doors. Thoughtfully renovated, the home features new interior paint, new dual-pane Andersen windows throughout, new HVAC system and water heater, new custom roller shades and drapes and new skylight with a digitally controlled remote shade that brings an abundance of natural light into the home. Two private outdoor patios offer space to relax and enjoy the tranquil surroundings. The back patio overlooks the beautiful redwoods, lake and streams and includes a

Facts & features

Home type

Townhouse

Year built

1979

Floors

2

Lot size

10 acres

Price per sq ft

$623

HOA

$510 / monthly

Parking

1-car garage

Included features

  • Pool

    Yes

  • Fireplace

    Yes

  • Cooling

    Central Forced Air

  • Heating

    Forced Air Unit

  • Appliances

    Dishwasher, Disposal, Convection Oven, Gas Range

  • Flooring

    Carpet, Tile

  • Water Source

    Public

  • Sewer

    Public Sewer

  • View

    Water

Mortgage calculator

Estimated monthly payment

$4,623 /mo

7% rate · 30-yr fixed · 20% down

  • Principal & interest $3,720
  • Property tax $699
  • Insurance $204

Includes principal, interest, taxes & insurance.

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Listing Broker

EHM Real Estate, Inc.

Broker Name

EHM Real Estate, Inc.

Agent

Sherri Lex

Location

Rancho Santa margarita CA 92688