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.
For sale
Listing Provided by: Anvil Real Estate
Price cut: $10K (3/24)
$509,999
7 Brisa Ribera, Rancho Santa Margarita, CA 92688
1beds
841sqft
Est.:
Condominium
Built in 1986
-- sqft lot
$509,900 Zestimate®
$606/sqft
$612/mo HOA
What's special
Pickleball courtsTennis courtsBeautifully maintained parksVolleyball courtsCommunity poolsMultiple clubhousesPrivate retreat-style bedroom
- 45 days |
- 1,278 |
- 36 |
Zillow last checked: 7 hours ago
Listing updated: March 24, 2026 at 12:27pm
Listing Provided by:
Abby Cline DRE #02137161 949-295-6643,
Anvil Real Estate,
Riley Cline DRE #02046901 949-436-0177,
Anvil Real Estate
Source: CRMLS,MLS#: OC26031438
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSTour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 1
Rooms
- Room types: Bedroom, Living Room, Dining Room
Bedroom
- Features: All Bedrooms Down
Bathroom
- Features: Bathroom Exhaust Fan, Dual Sinks, Walk-In Shower
Kitchen
- Features: Remodeled, Updated Kitchen
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Gas Cooktop, Gas Oven, Gas Range
- Laundry: Laundry Closet, Stacked
Features
- Ceiling Fan(s), Separate/Formal Dining Room, Pantry, Quartz Counters, All Bedrooms Down
- Flooring: Vinyl
- Has fireplace: Yes
- Fireplace features: Gas
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total interior livable area: 841 sqft
Property
Parking
- Total spaces: 2
- Parking features: Assigned, Garage
- Attached garage spaces: 1
- Uncovered spaces: 1
Features
- Levels: One
- Stories: 1
- Entry location: 1
- Patio & porch: Patio
- Pool features: Community, Association
- Has spa: Yes
- Spa features: Association, Community
- Has view: Yes
- View description: Lake, Neighborhood
- Has water view: Yes
- Water view: Lake
Lot
- Size: 0.6 Acres
Details
- Parcel number: 93188584
- Special conditions: Standard
Construction
Type & style
- Home type: Condo
- Architectural style: Spanish
- Property subtype: Condominium
- Attached to another structure: Yes
Materials
- Stucco
Condition
- New construction: No
- Year built: 1986
Utilities & green energy
- Electric: 220 Volts in Garage
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
Community & HOA
Community
- Features: Biking, Curbs, Dog Park, Hiking, Lake, Park, Pool
- Subdivision: Brisa Del Lago I (Bd)
HOA
- Has HOA: Yes
- Amenities included: Clubhouse, Meeting Room, Outdoor Cooking Area, Barbecue, Picnic Area, Paddle Tennis, Playground, Pickleball, Pool, Recreation Room, Spa/Hot Tub, Security, Tennis Court(s), Trail(s)
- HOA fee: $521 monthly
- HOA name: Brisa del Lago
- HOA phone: 949-448-6001
- Second HOA fee: $91 monthly
- Second HOA name: Samlarc
- Second HOA phone: 949-709-0010
Location
- Region: Rancho Santa Margarita
Financial & listing details
- Price per square foot: $606/sqft
- Tax assessed value: $482,849
- Annual tax amount: $5,050
- Date on market: 2/13/2026
- Cumulative days on market: 46 days
- Listing terms: Conventional,FHA,VA Loan
Estimated market value
$509,900
$484,000 - $535,000
$2,671/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 3/24/2026 | Price change | $509,999-1.9%$606/sqft |
Source:  CRMLS #OC26031438 Report a problem | ||
| 3/16/2026 | Price change | $519,999-1.9%$618/sqft |
Source: CRMLS #OC26031438 Report a problem | ||
| 3/5/2026 | Listed for sale | $529,999$630/sqft |
Source: CRMLS #OC26031438 Report a problem | ||
| 2/27/2026 | Contingent | $529,999$630/sqft |
Source: CRMLS #OC26031438 Report a problem | ||
| 2/13/2026 | Listed for sale | $529,999+16.5%$630/sqft |
Source: CRMLS #OC26031438 Report a problem | ||
| 7/15/2021 | Sold | $455,000+6.1%$541/sqft |
Source: Public Record Report a problem | ||
| 7/14/2021 | Pending sale | $429,000+16.4%$510/sqft |
Source: CRMLS #OC21122224 Report a problem | ||
| 9/30/2019 | Sold | $368,500-0.1%$438/sqft |
Source:  CRMLS #OC19197732 Report a problem | ||
| 8/24/2019 | Pending sale | $368,800$439/sqft |
Source: Realty Network #OC19197732 Report a problem | ||
| 8/19/2019 | Listed for sale | $368,800+13.5%$439/sqft |
Source: Realty Network #OC19197732 Report a problem | ||
| 8/9/2004 | Sold | $325,000$386/sqft |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,050 +1.8% | $482,849 +2% |
| 2024 | $4,962 +2.3% | $473,382 +2% |
| 2023 | $4,852 -14.5% | $464,100 +2% |
| 2022 | $5,674 +64.1% | $455,000 +22.2% |
| 2021 | $3,458 -10.8% | $372,216 +1% |
| 2020 | $3,876 | $368,400 +3.5% |
| 2019 | $3,876 -10.1% | $356,000 |
| 2018 | $4,310 +4.3% | $356,000 +8.2% |
| 2017 | $4,131 | $329,000 |
| 2016 | $4,131 -7.7% | $329,000 +9.7% |
| 2015 | $4,475 +16.7% | $300,000 +11.1% |
| 2014 | $3,834 | $270,000 +12% |
| 2013 | -- | $241,000 |
| 2012 | -- | $241,000 |
| 2011 | -- | $241,000 +16.4% |
| 2010 | -- | $207,000 +5.6% |
| 2009 | -- | $196,000 -37.6% |
| 2008 | -- | $314,000 -7.1% |
| 2007 | -- | $338,130 +2% |
| 2006 | -- | $331,500 +2% |
| 2005 | -- | $325,000 +106.8% |
| 2004 | -- | $157,180 +1.9% |
| 2003 | -- | $154,300 +2% |
| 2002 | -- | $151,275 +12.1% |
| 2001 | $2,183 +3.3% | $135,000 +8% |
| 2000 | $2,114 | $125,000 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$3,577/mo
Principal & interest
$2515
HOA Fees
$612
Property taxes
$450
More affordability tools
Climate risks
Neighborhood: 92688
Nearby schools
GreatSchools rating
- 7/10Trabuco Mesa Elementary SchoolGrades: K-6Distance: 0.2 mi
- 5/10Rancho Santa Margarita Intermediate SchoolGrades: 7-8Distance: 0.7 mi
- 10/10Trabuco Hills High SchoolGrades: 9-12Distance: 4 mi
Schools provided by the listing agent
- Elementary: Trabuco Mesa
- Middle: Rancho Santa Margarita
- High: Trabucco Hills
Source: CRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Local experts in 92688
- California
- Orange County
- Rancho Santa Margarita
- 92688
- 7 Brisa Ribera
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other Rancho Santa Margarita Topics
- Apartments for Rent in 92688
- Houses for Sale in 92688
- Houses for Rent in 92688
- 92688 Real Estate
- Rancho Santa Margarita Condos
- Houses for Sale in Rancho Santa Margarita
- Newest Listings in Rancho Santa Margarita
- Rancho Santa Margarita Home Values
- Rancho Santa Margarita Real Estate Agents
- Rancho Santa Margarita Refinance
- Rancho Santa Margarita Mortgage Rates
