RARE LAKEFRONT LOCATION with amazing lake views and sunsets from the living room, bedroom, and patio. Open floor plan single story home that has recently been updated. Updates include new AC/Heating system, kitchen countertops, wood and carpet flooring & brand new windows throughout. The kitchen has new stainless steel appliances which include stove, sink, faucet, dishwasher, fridge & updated recessed ceiling lighting. The bright living room allows for plenty of natural light to come in as you soak up the gorgeous lake view. Inside laundry closet adjacent to the one car attached garage. Short distance to restaurants and shopping at the Mercado Del Lago shopping center. HOA amenities include lakeside pool and spa. Rancho Santa Margarita offers thirteen community parks, four swimming pools, beach lagoon, and sports courts. Enjoy outdoor concerts at Central Park and library in RSM. This property is close to numerous trails with easy access to the 241 toll road, Alicia Parkway, and 5 Freeway. Enjoy the front row seat from your patio to view the annual RSM July 4th fireworks show, Christmas tree lighting, festivals and more.