9 Brisa Ribera, Rancho Santa Margarita, California 92688, Rancho Santa Margarita, 92688 - 2 bed, 1 bath
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9 Brisa Ribera
Rancho Santa Margarita, California 92688
ACTIVE
CONDITION: GOOD
2Beds
1Baths
918Sq Ft
11,325.6Lot Size
Property Price
LIST PRICE$550,000
EST. MARKET VALUE
$559,286
SUMMARY
This Move-In Ready Condominium is a Strong Value Opportunity, listed at $550,000—positioned well below the $559,287 Fair Market Value by 1.6%. This valuation gap offers $9,287 in Instant Equity for the buyer. Featuring a Condition Rating of 3, the home includes a Lake View, a versatile loft, and a rare Private One-Car Garage. Located in the Saddleback Valley Unified district, this property is an ideal fit for first-time buyers or Owner-Occupants seeking a lifestyle-focused, low-maintenance residence.
Estimated Market Value
$559,286
Based on Realkey algorithm analyzing recent comparable sales in Rancho Santa Margarita.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 9 Brisa Ribera Subject 2 bd · 1 ba · 918 sqft · $609 | $550,000* List Price | 2 | 1 | 918 | $609 | - |
A 13 Brisa Del Lago Sold 1 bd · 1 ba · 869 sqft · $777 · 0.0 mi | $675,000 | 1 | 1 | 869 | $777 | 0.0 mi |
B 7 Brisa Ribera Sold 1 bd · 1 ba · 841 sqft · $606 · 0.0 mi | $510,000 | 1 | 1 | 841 | $606 | 0.0 mi |
C 7 Silktassel Sold 2 bd · 1 ba · 781 sqft · $574 · 0.3 mi | $448,000 | 2 | 1 | 781 | $574 | 0.3 mi |
D 27 Via Lavendera Sold 2 bd · 2 ba · 1,025 sqft · $644 · 0.0 mi | $660,000 | 2 | 2 | 1,025 | $644 | 0.0 mi |
E 37 Via Lavendera Sold 1 bd · 1 ba · 804 sqft · $642 · 0.1 mi | $516,000 | 1 | 1 | 804 | $642 | 0.1 mi |
F 2 Carmesi Sold 2 bd · 2 ba · 1,049 sqft · $596 · 0.7 mi | $625,000 | 2 | 2 | 1,049 | $596 | 0.7 mi |
G 17 Via Honrado Sold 2 bd · 2 ba · 939 sqft · $638 · 0.3 mi | $599,000 | 2 | 2 | 939 | $638 | 0.3 mi |
H 46 Celosia Sold 2 bd · 2 ba · 975 sqft · $638 · 0.2 mi | $621,580 | 2 | 2 | 975 | $638 | 0.2 mi |
I 33 Leonado Active 2 bd · 2 ba · 876 sqft · $697 · 0.6 mi | $610,800 List Price | 2 | 2 | 876 | $697 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Built in 1986, the property is well-maintained and move-in ready. The living area features modern flooring and updated aesthetics, while the bathroom appears to be a clean, functional refresh of older fixtures. Includes a new water heater and shows no signs of deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Lakefront Location
Situated just 20 steps from the lake with views from two private balconies, this property offers a premium lifestyle and high desirability within the Brisa del Lago community.
- Versatile Floor Plan
The inclusion of a spacious loft with an armoire provides the flexibility of a second bedroom or home office, effectively maximizing the utility of the 918-square-foot layout.
- Superior Parking Assets
The unit includes both a private one-car garage and an additional assigned covered parking space, a rare and valuable combination for condominium living in this area.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =11325, other record lot size in square feet = 39400. Living area discrepancy between mls listing and other public or private record. mls listing living area = 918, other record living area = 869. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 1.
- High Monthly HOA Dues
The association fee of $521 per month represents a significant recurring cost that may impact the overall affordability and debt-to-income ratio for potential buyers.
- Single Bathroom Limitation
Despite the potential for two sleeping areas, the property only features one bathroom, which may be a drawback for households with multiple occupants or frequent guests.
About 9 Brisa Ribera
ONE BEDROOM PLUS LOFT WITH ONE BATHROOM ,Lake view balcony, walk 20 steps to lake! This charming upper-level condo offers beautiful lake views from both balconies and is conveniently located within walking distance to shopping centers, schools, the Beach Club, lake trails, restaurants, and many other amenities. The home features one bedroom plus a spacious loft with an armoire, perfect for use as a second bedroom, home office, or additional living space with a view. The bright and open living room showcases high vaulted ceilings and a cozy gas-log fireplace, creating a warm and inviting atmosphere. Additional features include two private balconies, indoor laundry with washer and dryer included, new water heater, and a conveniently located one-car garage at the base of the stairs plus one assigned cover spot. Enjoy lake-view living in one of Rancho Santa Margarita’s desirable communities, with recreation, shopping, dining, and everyday conveniences just minutes away. Come see this beautiful Brisa del Lago condo!
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1986
- Lot Size
- 11,325.6 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $521.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 918 | 1,056.017 |
| Lot Size | 11,325.6 | 26,968.576 |
| Price | $550.0K | $672.1K |
| Price per sq ft | $599 | $625 |
| Built year | 1986 | 1990 |
| HOA | $521.0 | $470 |
| Days on market | 24 | 54 |
Pricing History
Listed for Sale
Oct 1, 2026
$550,000
Initial Listing
Sold
Nov 14, 2013
$295,000
Public Record
Sold
Sep 26, 2003
$271,000
Public Record
Sold
Oct 11, 2002
$218,000
Public Record
Sold
Jan 12, 2001
$170,000
Public Record
Sold
Mar 5, 1999
$119,000
Public Record