Rarely on the market. Located on one of the most desirable lots, this inside-corner location includes an expansive wraparound backyard. Centrally located walking distance to parks, shopping and restaurants, hillside and mountain views and ONLY ONE HOA of $91/mo. From the moment you enter, you are greeted by two-story ceilings, walls of windows, and an abundance of natural light. The open floor plan includes spacious living room with fireplace and dining room that opens through the sliding glass door to the spacious backyard. The newly remodeled kitchen has been thoughtfully updated with white cabinetry, quartz countertops that continues the quartz into a full-height backsplash, stainless appliances, 5-burner gas range, black designer faucet and hardware, generous breakfast bar with seating and waterfall edge. Upstairs, the white staircase with two story windows leads to a spacious primary suite featuring walk-in closet, remodeled bath with an oversized L-shaped quartz vanity, waterfall faucets, dual shower heads, two walls of framed mirrors and designer lighting. One of the two secondary bedrooms enjoys its own private balcony overlooking the surrounding hills with both bedrooms are generous in size. Designed for effortless indoor-outdoor living, the expansive wrap around yard features covered patio, firepit, lighting, stone hardscape and raised patio providing even more room for entertaining or simply relaxing. Additional amenities in the home include panel doors, ceiling fans, 9 ft ceilings, LED lighting, Nest thermostat, bronze door hardware, direct access to 2 car garage. With one of the lowest HOA dues in Rancho Santa Margarita residents enjoy all of the outstanding SAMLARC amenities, including the Beach Club Lagoon at Lago Santa Margarita, four Jr. Olympic-sized pools, parks, splash park, playgrounds, pickleball and tennis courts, basketball and volleyball courts, fishing, hiking and biking trails, community events, summer concerts, and year-round activities that make Rancho Santa Margarita one of Orange County's safest and most sought-after places to call home.