Rancho Santa Margarita Condos - Brisa Del Lago I Tract
Being situated right on the shoreline of Rancho Santa Margarita Lake, the Brisa Del Lago 1 condos are among the most sought after units in the city. In these Mediterranean style condos, you will find single level and two story homes that range from about 900 sq. ft. to nearly 1200 sq. ft. with model of 1 bedroom plus a loft to 3 bedroom condos although these have the loft converted into a third bedroom. Stackable washer and dryer space has been allocated to maximize the usage of the interior space. Brisa Del Lago 1 Condos is a small complex of about 180 units but remains popular because of it's close proximity to the Mercado Del Lago (restaurants, shopping and services) and the lake with it's beach club, lagoon and recreation center which is just a short walk around the lake.
Some of these condos (like those in the photo above) are built facing the lake and have wonderful panoramic views while other models located towards the center of the complex may have mountain views of the Saddleback peaks and some with just a roof top or no view at all. Upper units and lake front condos have balconies to enjoy the cool summer nights or enjoy the activities at the lake. Parking is not a problem at Brisa Del Lago 1 as each condo has either a one car garage plus covered carport or a two car garage, although not all garages are attached. You will also find plenty of guest parking spaces throughout the area.
The current market activity shows 8 units FOR SALE (active, back up, hold do not show and pending) with a price range of $219,900 (a short sale 2 bedroom) to $364,900 for a highly upgraded 2 bedroom, ground floor on the lakefront. The average price is $264,075 at $265 per sq. ft. Recent SOLD condos range from $240,000 to $270,000 with an average price of $256,850 at $280 per sq. ft.
If you would like more information about buying a condo in Rancho Santa Margarita or are considering your home, feel free to contact me for more information. You can also click here to search for all BRISA DEL LAGO CONDOS for sale or click here for all homes and condos in Rancho Santa Margarita.
Click here for information about the City of Rancho Santa Margarita.
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