The current-day club was founded on 1 July 1995 when the football department of TSG established itself as independent.

The new team was initiated into the seventh tier Bezirksliga Mecklenburg-Vorpommern in the 1995–96 season and immediately began a steady rise to the Oberliga Nordost-Nord (IV).

Schönberg then played seven seasons in the NOFV-Oberliga Nord, winning a title there in 2003 and taking part in a Regionalliga (III) promotion playoff which they lost to FC Sachsen Leipzig.

This earned Schönberg entry to German Cup competition where they were put out in the first round in each appearance at the hands of Bundesliga sides including Bayern Munich (2000, 0:4), VfB Stuttgart (2001, 2:4), Hamburger SV (2002, 0:6), Borussia Mönchengladbach (2003, 0:3), and 1.

In 2013 the club won promotion to the NOFV-Oberliga Nord once more where it played until 2015 when a runners-up finish took it up to the Regionalliga Nordost.