Charming and Spacious La Paz-San Velarde Home! Welcome to this beautifully updated 5-bedroom, 2.5-bath home with 2,496 sq. ft. of living space. Nestled in a private, park-like setting, this home boasts modern amenities and a serene ambiance. Step inside to find vaulted ceilings and a spacious living room with large windows to the front yard. The living room flows into an expansive dining area with sliding doors opening to a covered patio and expansive private backyard. A bright gourmet kitchen with modern appliances, white cabinets, beautiful stone countertops, windows overlooking the backyard, recessed lighting, a walk-in pantry, and a designated coffee bar area provides plenty of space to entertain and host your family holidays. An open floorplan off the kitchen spotlights a cozy family room with a fireplace and a double closet for storing games, dishes, blankets, or whatever you need. This sizable family room is bathed in natural light from double-pane windows and French doors, along with a downstairs powder room. The immense backyard offers beautiful mature landscaping for privacy, a covered patio for entertaining, and plenty of space to enjoy a BBQ or quiet time in a chair with a book. Upstairs, the sizable master suite includes a ceiling fan, a dressing area with dual sinks, a beautifully updated shower, and a large walk-in closet. There are three additional large bedrooms upstairs and a bonus room offering potential for an extra bedroom, workout room, office, or living space. The home includes an efficient A/C and heater, a durable slate roof, and a custom covered patio. Conveniently located near shops, restaurants, and within the Saddleback Unified School District, this home has no HOA fees, low property taxes, and no Mello-Roos. This home has the option to opt into the Mission Viejo Lake HOA to enjoy all the amenities the lake has to offer. Don't miss this opportunity to own a truly charming home with endless potential!