On the re-sale market for the first time, this spacious 5 bedroom home is located in the exclusive gated community of Monterrey Estates. This home is situated on not only one of the largest lots in the community, but is also a premium end of cul-de-sac location backing to the hillside. The Plan 3 model was well designed with family in mind. This functional floorplan offers one bedroom and bathroom on the main level, in addition to 4 bedrooms + a loft upstairs. The kitchen features stainless steel appliances, a 6 burner Viking stove top, custom built-in banquette area with storage, a built-in work-space and breakfast bar. The second level is complete with a Jack and Jill bathroom adjoining two of the bedrooms, an individual laundry room, a loft/bonus area, and an ample amount of storage!! The master suite is situated on the backside of the home making it a private enclave. The well thought out design of the master suite includes a large soaking tub, his and hers closets and separate vanities, as well as a large walk-in shower with two shower heads! Perfect for entertaining, french doors open to the private backyard that backs to the beautiful hillside. In addition to the 2 car garage, there is a third single garage that can be used as a gym or bonus room. Amenities include access to the Lago Santa Margarita Beach Club, trails, sport courts and parks. Rancho Santa Margarita offers well-maintained neighborhoods and landscape, as well as award winning schools.