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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 additional storage, while the gated front courtyard with charming brick hard scape and gardens provides direct access to the oversized garage, complete with newer Sunwest garage door. Other updates include new switches, garage storage with ladder, new led lighting and fixtures. Adding to the home’s appeal, the HOA has recently replaced the roof and beautifully renovated the community pool and spa. Morningside on the Lake is truly one of Orange’s hidden gems with its park-like grounds, mature trees, picturesque bridges, ponds, waterfalls and winding pathways. Enjoy the nearby Hart Park and Santiago Creek Trail with miles of walking, biking paths. Just a short walk away, historic Old Towne Orange and its iconic Orange Circle offer an array of charming boutiques, antique shops, restaurants, cafés and community events. Chapman University and convenient freeway access are also nearby.

Highlights

  • Residential
  • Condominium
  • Built in 1979
  • 10.345 Acre Lot
  • $510/mo HOA
  • 1 Car Garage
  • 7 days on Market

  • Bedrooms
    2
  • Bathrooms
    1 full · 1 half
  • Year Built
    1979
  • Stories
    2.0
  • Garage Spaces
    1.0
  • Parking Features
    Garage, Carport
  • Living Area
    1122.0
  • Interior Features
    Storage, Granite Counters, Breakfast Bar, Recessed Lighting, High Ceilings, Open Floorplan, Eat In Kitchen, Primary Suite, Ceiling Fans, All Bedrooms Up, Separate Formal Dining Room, Breakfast Area, Cathedral Ceilings, Dressing Area
  • Appliances
    Dishwasher, Disposal, Gas Range, Convection Oven, Built In Range
  • Flooring
    Tile, Carpet
  • Patio And Porch
    Patio, Front Porch, Open
  • Pool Features
    Community, Association
  • Security Features
    Carbon Monoxide Detectors, Smoke Detectors
  • Cooling
    Central Air
  • Heating
    Central

  • Acres
    10.345
  • Lot Features
    Back Yard, Front Yard, Near Public Transit, Near Park
  • Water Front Features
    Creek, Stream, Lake
  • View
    Lake, Water, Pond, Pool, Park Greenbelt, Trees Woods, Courtyard
  • Water
    Public

  • Area
    72 - Orange & Garden Grove, E of Harbor, N of 22 F
  • County
    Orange
  • City
    Orange
  • Neighborhood
    Morningside On The Lake (MSLK)
  • Zip Code
    92866
  • High School
    Orange
  • Elementary School
    Palmyra

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Frequently Asked Questions

How do I schedule a tour of 700 E Lake Dr #136?

We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to 700 E Lake Dr #136.

They know residentials in the area well and can give you the guidance you need to buy with confidence.

How do I get more information about 700 E Lake Dr #136?

Click Ask a Question to talk with our team. You already know it is a 2 bed, 1 bath, listed for $699,000. We can talk through recent upgrades, potential seller motivation, how this condominium compares to others in Orange, and can even get you in to see the property quickly.

How much is the monthly mortgage payment for 700 E Lake Dr #136?

With a 20% down payment and a 30-year fixed loan at an illustrative 7.25% rate, the ez Mortgage Calculator estimates the monthly payment for 700 E Lake Dr #136 at around $3,978. This includes estimated property taxes and insurance.

Want to see how this changes with different down payments or interest rates? Jump to the calculator to run the numbers and fine-tune your plan.

How do I get pre-approved to buy 700 E Lake Dr #136?

Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.

Or, let us connect you with our preferred local lender in Orange County. They will give you all of your available financing options, based on your specific situation and what is available to you.

Can I negotiate the asking price for 700 E Lake Dr #136?

In most cases, yes. Whether 700 E Lake Dr #136 is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Orange's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.

How do I make an offer on 700 E Lake Dr #136?

We can handle that for you. Our preferred local agent specializes in residentials in Orange and can guide you through every step of the offer process.

You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.

What is the price per square foot for this home?

This home is listed at $699,000 with 1,122 sqft of space—that comes out to approximately $623 per square foot.

How long has this property been on the market?

700 E Lake Dr #136 was listed on November 04, 2026, which means it's been on the market for 7 days.

Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.

When was this house built?

This home was built in 1979, making it approximately 47 years old.

What is the lot size of this property?

700 E Lake Dr #136 sits on a 10.35-acre lot, which is 450,846 square feet.

What schools are assigned to this property?

Based on MLS info, this home is zoned for:

  • Elementary: Palmyra
  • High: Orange

Want to see how these schools compare? Check out our Orange County School Guide to see ratings, reviews, and more for the schools in the area.

Is there an HOA fee for this property, and what does it cover?

This home has an HOA fee of $510 paid monthly.

This covers access to community features including: Pool, Maintenance Grounds, Spa Hot Tub, Maintenance Front Yard, Trails.

Is 700 E Lake Dr #136 still available for sale?

Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.

Source: ez Home Search, MLS Data

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Based on information from California Regional Multiple Listing Service as of November 11, 2026 at 04:40AM All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. This information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Last Updated: November 11, 2026 at 04:40AM | Source: California Regional Multiple Listing Service | MLS#: OC26237169