For SaleOpen House42d on marketOpen House
7 Brisa Ribera
Rancho Santa Margarita, CA, 92688 • 92688 • Orange County
$509,999
$606/sqft
-$10,000 since Mar 24, 2026
Down payment assistance available
1Beds
1Baths
841Sqft
0.6 acLot
1986Built
Property DNA
Waterfront Property
Direct water access
Scenic Views
Lake · Neighborhood
Spanish Style
Built 1986 · 40 years of history
Brisa Del Lago I (Bd)
Clubhouse · Meeting Room · Outdoor Cooking Area
Outdoor Living
Patio
1-Car Garage
Assigned · Garage
Premium Finishes
Quartz Counters
$612/mo HOA
Clubhouse · Meeting Room · Outdoor Cooking Area · Barbecue
This home is getting attention
Listed 42 days ago · 1,199 views · 35 saves
Market activity
Demand and pricing signals for this listing
1,199 views
People checking out this listing
35 saves
Buyers have saved this home
42 days on market
Established listing
$606/sqft
Price per square foot
About this home
Condo · Built 1986
Welcome to resort-style living on the lake in Rancho Santa Margarita! This beautifully maintained 1-bedroom, 1-bath condo offers the perfect blend of comfort, convenience, and an unbeatable lakeside lifestyle. Nestled just steps from the water, you’ll enjoy serene lake views from your patio, with direct access to the scenic lake path right outside your door. Enjoy the 4th of July firework show from your patio! Inside, the home features a bright, open-concept layout with abundant natural light, a spacious living area and a private retreat-style bedroom. This unit offers plenty of storage and a spacious 1 car attached garage. Whether you’re a first-time buyer, downsizing, or looking for an investment opportunity, this condo delivers low-maintenance living in a highly desirable location. Residents enjoy exclusive access to an impressive array of resort-style amenities through the SAMLARC HOA; including community pools, volleyball courts, tennis courts, pickleball courts, beautifully maintained parks, scenic trails, and multiple clubhouses. The private Brisa Del Lago neighborhood offers its own community pool and 2 spas. Spend your weekends relaxing or playing at the private Lago Santa Margarita Beach Club & Lagoon, a true centerpiece of the community. Location is everything—and this one is hard to beat. Take a peaceful 5-minute stroll along the lake path to local favorites like Carmelita’s, The Blind Pig, and everyday conveniences at Ralphs shopping center. Enjoy lakefront living with walkability, vibrant community amenities, and the relaxed Southern California lifestyle you’ve been dreaming of. This is more than a home—it’s a lifestyle. Schedule a tour today! This one won't last.
Standout features identified
Our analysis highlights pickleball courts, tennis courts, and beautifully maintained parks as key attractions of this home.
Estimated monthly payment
Based on current rates
$3,833/month
Principal & Interest$2,541
Property Tax$510
Insurance$170
HOA$612
Down payment20% ($102,000)
3%50%
Est. 6.36% rate · 30yr fixed · $407,999 loan
Full calculator →At a glance
Key facts and listing details
TypeCondominium
Year Built1986
HeatingCentral
CoolingCentral Air
Parking1 Attached Garage space
HOA$612 monthly
Days on Zillow42 Days
Price/sqft$606
Property
Home typeCondo
Sub-typeCondominium
StyleSpanish
Year built1986
Stories1
Systems
HeatingCentral
CoolingCentral Air
ConstructionStucco
Water / SewerPublic / Public Sewer
Parking & Outdoor
ParkingAssigned, Garage
Garage1 spaces
Lot0.60 Acres
Location & Tax
Neighborhood92688
Annual tax$5,050
Parcel93188584
Bathrooms & Fees
Full baths1
HOA$612/mo
Features & details
14 categories of property features
Interior Features
Interior
Ceiling Fan(s)
Separate/Formal Dining Room
Pantry
Quartz Counters
All Bedrooms Down
Appliances
Gas Cooktop
Gas Oven
Gas Range
Flooring
Vinyl
Heating
Central
Cooling
Central Air
Laundry
Laundry Closet
Stacked
Fireplace
Gas
Exterior Features
Parking
Assigned
Garage
Construction
Stucco
Patio & Porch
Patio
Community
Biking
Curbs
Dog Park
Hiking
Lake
Park
Pool
Views
Lake
Neighborhood
Pool Features
Community
Association
Utilities
Cable Connected
Electricity Connected
Natural Gas Connected
Phone Connected
Sewer Connected
Water Connected
Room details
5 rooms detailed
Bedroom
All Bedrooms Down
Bathroom
Bathroom Exhaust FanDual SinksWalk-In Shower
Dining Room
Kitchen
RemodeledUpdated Kitchen
Living Room
Listing insights
Market data and value estimates
StatusFor Sale
Days on market42
Est. value$508,700
Est. rent$2,832/mo
Tax rate1.06%
Price/sqft$606
On marketFeb 13, 2026
PostedFeb 13, 2026
Last sold$455,000
MLS updatedMar 24, 2026
Tour days9
Views1,199
Favorites35
How are the schools in Rancho Santa Margarita?
3 schools rated nearby
Location
Rancho Santa Margarita, CA, 92688
Price history
11 events
DateEventPrice$/sqftSource
Mar 24, 2026Price Change$509,999$606CRMLS
Mar 16, 2026Price Change$519,999$618CRMLS
Mar 5, 2026Listed For Sale$529,999$630CRMLS
Feb 27, 2026Contingent$529,999$630CRMLS
Feb 13, 2026Listed For Sale$529,999$630CRMLS
Jul 15, 2021Sold$455,000$541Public Record
Jul 14, 2021Pending Sale$429,000$510CRMLS
Sep 30, 2019Sold$368,500$438CRMLS
Aug 24, 2019Pending Sale$368,800$439Realty Network
Aug 19, 2019Listed For Sale$368,800$439Realty Network
Aug 9, 2004Sold$325,000$386Public Record
Price Change$509,999
Mar 24, 2026•$606/sqft•CRMLS
Price Change$519,999
Mar 16, 2026•$618/sqft•CRMLS
Listed For Sale$529,999
Mar 5, 2026•$630/sqft•CRMLS
Contingent$529,999
Feb 27, 2026•$630/sqft•CRMLS
Listed For Sale$529,999
Feb 13, 2026•$630/sqft•CRMLS
Sold$455,000
Jul 15, 2021•$541/sqft•Public Record
Pending Sale$429,000
Jul 14, 2021•$510/sqft•CRMLS
Sold$368,500
Sep 30, 2019•$438/sqft•CRMLS
Pending Sale$368,800
Aug 24, 2019•$439/sqft•Realty Network
Listed For Sale$368,800
Aug 19, 2019•$439/sqft•Realty Network
Sold$325,000
Aug 9, 2004•$386/sqft•Public Record
Tax history
26 years of records
YearTax paidAssessed value
Mar 27, 2025$5,050$482,849
Mar 27, 2024$4,962$473,382
Mar 27, 2023$4,852$464,100
Mar 27, 2022$5,674$455,000
Mar 27, 2021$3,458$372,216
Mar 27, 2020$3,876$368,400
Mar 27, 2019$3,876$356,000
Mar 27, 2018$4,310$356,000
Mar 27, 2017$4,131$329,000
Mar 27, 2016$4,131$329,000
Mar 27, 2015$4,475$300,000
Mar 27, 2014$3,834$270,000
Mar 27, 2013—$241,000
Mar 27, 2012—$241,000
Mar 27, 2011—$241,000
Mar 27, 2010—$207,000
Mar 27, 2009—$196,000
Mar 27, 2008—$314,000
Mar 27, 2007—$338,130
Mar 27, 2006—$331,500
Mar 27, 2005—$325,000
Mar 27, 2004—$157,180
Mar 27, 2003—$154,300
Mar 27, 2002—$151,275
Mar 27, 2001$2,183$135,000
Mar 27, 2000$2,114$125,000
Nearby homes
Neighborhood details
Local context around this listing
Rancho Santa Margarita, CA • Orange County
Nearby neighborhoods
Las Flores
Nearby cities
AnaheimCosta MesaFullertonGarden GroveHuntington BeachIrvineMission ViejoOrange
Nearby zip codes
9267992688
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