RARE LAKEFRONT LOCATION with amazing lake views and sunsets from living room, bedroom, and patio. Open floor plan single story home. This home has been completely updated including new AC/Heating system, kitchen countertops, laminate and carpet flooring. The kitchen has new stainless steel appliances to include stove, sink, faucet and dishwasher. New kitchen ceiling lighting and motorized sunshades. Attached garage allows direct access to single car garage. Visitor parking and pool near unit. Patio with large deck overlooking the lake. The bright living room allows plenty of light with beautiful fire place and bay window. The large laundry area could be used as a home office. Short walk to restaurants and shopping at the Mercado Del Lago shopping center. HOA amenities include lakeside pool and spa. Rancho Santa Margerita 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 hiking and biking 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.