FHA, VA, conventional loan approved sparkling & modern 2 level condo with garage and carport located directly across from the lake in Rancho Santa Margarita and immediately adjacent to O'Neill Regional Park. Configured as 1 bedroom and bath on the main level and loft room upstairs with a private panoramic view balcony. Open concept with soaring ceilings, fireplace, 2 large balconies, nobody above you. Kitchen upgraded with quartz counters, stainless steel appliances including refrigerator and recessed lighting. The great room has two story ceilings, wainscoting, features a fireplace, a spacious dining room and access to the main balcony. The primary bedroom is on the main-floor and offers access to the balcony with pool and mountain views. It has two closets and a large bathroom with dual sinks, quartz counters, recessed lights. 1 car garage at the entrance to the home plus one carport right across from it and pllenty of guest parking. Community pool/spa and BBQ plus four SAMLARC pools, tennis courts, baseball and soccer fields, basketball, playgrounds, picnic areas, parks, trails and RSM's Beach Club Lagoon and fishing. Walk to shopping and restaurants.