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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.
Listing agent: Abby Cline DRE #02137161 abby@anvilreinc.com, Listing office: Anvil Real Estate
MLS data updated 11/3/2026, 12:06:27 PM PT
Source: CRMLS, MLS #: OC26031438
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Jun 15, 2026
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
$510,000Closed sale · Jun 15, 2026ZIP 92688 · Jun 2026
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.