
Rancho Santa Margarita, California 92688
This Lakefront View Sanctuary is listed at $729,000, offering a rare lifestyle opportunity overlooking Rancho Santa Margarita Lake. Boasting a Condition Rating of 3, the interior features an updated bathroom, contemporary fireplace, and plantation shutters. The property’s unobstructed panoramic lake views and versatile loft—convertible to a second bedroom—provide significant functional appeal. Residents benefit from the Saddleback Valley Unified School District and resort-style community amenities including a pool and spa. This move-in ready home is a premier choice for owner-occupants or first-time buyers seeking a polished, scenic retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 13 Brisa Del Lago Subject | $689,000* List Price | 1 | 1 | 869 | $685 | - |
A 21 Silktassel Sold | $485,000 | 1 | 1 | 742 | $654 | 0.2 mi |
B 31 Brisa Del Lago Sold | $705,000 | 2 | 1 | 869 | $811 | 0.0 mi |
C 3 Via Pariente Sold | $549,000 | 2 | 2 | 832 | $660 | 0.3 mi |
D 27 Via Lavendera Sold | $660,000 | 2 | 2 | 1,025 | $644 | 0.1 mi |
E 1 Via Garceta Sold | $725,000 | 2 | 2 | 1,010 | $718 | 0.1 mi |
F 29 Celosia Sold | $535,000 | 1 | 1 | 804 | $665 | 0.3 mi |
G 7 Brisa Ribera Active Under Contract | $509,999 List Price | 1 | 1 | 841 | $606 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1986, the property shows clear signs of mid-term renovations including an updated bathroom with a modern vanity and tiled walk-in shower, a contemporary fireplace insert, and plantation shutters. The unit is well-maintained and move-in ready.
The property features rare and stunning unobstructed views of Rancho Santa Margarita Lake from a private upstairs balcony, significantly increasing its market desirability and aesthetic appeal.
The spacious loft provides excellent floor plan flexibility, offering the potential to be easily converted into a second bedroom, home office, or creative retreat.
The inclusion of both a detached single-car garage and an additional carport space is a significant advantage for a condominium, providing ample parking and storage options.
The monthly HOA fee of $521 is relatively high for a one-bedroom unit, which may impact the overall affordability and debt-to-income ratio for prospective buyers.
With only one bathroom to serve both the primary bedroom and the loft area, the layout may present convenience and privacy challenges for those utilizing the home as a multi-occupant space.
Welcome to 13 Brisa del Lago, a beautifully situated one-bedroom, one-bath condo with a spacious loft - easily converted to a second bedroom - offering the perfect blend of comfort, style, and scenic living in the heart of Rancho Santa Margarita. This light-filled home features an open-concept living space highlighted by a cozy fireplace—ideal for relaxing evenings—and seamless indoor-outdoor flow to a private main-level balcony. Upstairs, the versatile loft opens to a second balcony where you can unwind and take in stunning, unobstructed views of Rancho Santa Margarita Lake—a rare and highly sought-after feature. The thoughtfully designed floor plan offers flexibility for a home office, guest space, or creative retreat, while large windows invite in natural light and showcase the picturesque surroundings. A detached single-car garage plus an additional carport space provide convenient parking and storage. Located within the desirable Brisa del Lago community, residents enjoy access to a resort-style pool and spa, along with the many amenities of the greater Rancho Santa Margarita area. Known for its scenic lake, abundant parks, and outdoor lifestyle, the community offers miles of trails, recreational spaces, and a vibrant neighborhood atmosphere. Whether you're enjoying morning coffee with lake views, cozying up by the fire, or taking advantage of the nearby amenities, this home offers an exceptional opportunity to live in one of Orange County’s most charming and well-loved communities.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 17% |
| Baths | 1.0 | 2.0 | 25% |
| Square foot | 869 | 1,027 | 32% |
| Lot Size | - | 25,172 | 26% |
| Price | $689.0K | $685.0K | 51% |
| Price per sq ft | $793 | $653 | 87% |
| Built year | 1986 | 1990 | 12% |
| HOA | $521.0 | $430 | 83% |
| Days on market | 36 | 144 | 3% |
May 30, 2026
$689,000
$704,000
-2% Price Drop
Initial Listing
May 17, 2026
$704,000
$729,000
-3% Price Drop
Initial Listing
May 1, 2026
$729,000
Initial Listing
Nov 6, 2020
$485,000
Public Record
Mar 29, 2007
$405,000
Public Record
Aug 18, 2005
$435,000
Public Record
Nov 16, 2001
$190,000
Public Record
Jun 18, 1999
$1,000
Public Record
Dec 7, 1994
$110,000
Public Record