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.
Sold for $510,000
Listing Provided by: Anvil Real Estate
Bought with: California Dream Luxury Homes & Investments
$510,000
7 Brisa Ribera, Rancho Santa Margarita, CA 92688
1beds
841sqft
Condominium
Built in 1986
-- sqft lot
$510,300 Zestimate®
$606/sqft
$2,646 Estimated rent
Home value
$510,300
$475,000 - $551,000
$2,646/mo
Zestimate® history
Owner options
List your home for rent
$2,646/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$2,646/mo
Rent Zestimate®
Refinance and save
$3,711/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$3,711/mo
Est. payment
Explore your selling options
Work with a Zillow partner agent
Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.
Get startedList with your own agent
Get your home in front of millions of buyers by listing it on Zillow.
Learn how to do itSell it yourself
Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).
List your homeWhat's special
Pickleball courtsTennis courtsBeautifully maintained parksVolleyball courtsCommunity poolsMultiple clubhousesPrivate retreat-style bedroom
Zillow last checked:
Listing updated:
Listing Provided by:
Abby Cline DRE #02137161 949-295-6643,
Anvil Real Estate,
Riley Cline DRE #02046901 949-436-0177,
Anvil Real Estate
Bought with:
Derek Larson, DRE #01294200
California Dream Luxury Homes & Investments
Source: CRMLS,MLS#: OC26031438
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 1
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: 0.60 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 & neighborhood
Community
- Community features: Biking, Curbs, Dog Park, Hiking, Lake, Park, Pool
Location
- Region: Rancho Santa Margarita
- Subdivision: Brisa Del Lago I (Bd)
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $521 monthly
- 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)
- Association name: Brisa del Lago
- Association phone: 949-448-6001
- Second HOA fee: $91 monthly
- Second association name: Samlarc
- Second association phone: 949-709-0010
Other
Other facts
- Listing terms: Conventional,FHA,VA Loan
Price history
| Date | Event | Price |
|---|---|---|
| 6/15/2026 | Sold | $510,000+0%$606/sqft |
Source:  CRMLS #OC26031438 Report a problem | ||
| 6/13/2026 | Pending sale | $509,999$606/sqft |
Source: CRMLS #OC26031438 Report a problem | ||
| 5/29/2026 | Contingent | $509,999$606/sqft |
Source: CRMLS #OC26031438 Report a problem | ||
| 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
| 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
Neighborhood: 92688
Nearby schools
GreatSchools rating
- 7/10Trabuco Mesa Elementary SchoolGrades: K-6Distance: 0.2 mi
- 7/10Rancho Santa Margarita Intermediate SchoolGrades: 7-8Distance: 0.7 mi
- 10/10Trabuco Hills High SchoolGrades: 9-12Distance: 3.9 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.
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$510,300
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$510,300
- 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
