Welcome home to 1999 Aliso Peak Way, located in the gated community of Iron Ridge in the hills of Lake Forest. This beautiful residence offers 5 spacious bedrooms, 4.5 bathrooms, and approximately 3,414 square feet of living space with no Mello-Roos and fully paid off Solar Panels! Step inside to an open-concept floor plan in immaculate condition. The gourmet kitchen features white maple cabinetry with pull-outs, a marble backsplash, stainless steel appliances, and a generously sized island. The living area, complete with a fireplace, opens seamlessly to the enclosed California room through a large glass slider, creating effortless indoor-outdoor living with views of the private backyard and lush landscaping. A full bedroom and bathroom on the main level are ideal for multi-generational living or guest accommodations. Upstairs, you’ll find a versatile loft, a laundry room with ample storage and a utility sink, and three additional bedrooms. Retreat to the spacious primary suite, featuring a walk-in closet, dual vanities, a walk-in shower, and a separate soaking tub. Additional upgrades include pull out drawers throughout, engineered hardwood flooring on the main level and plantation shutters throughout. Enjoy being within walking distance to the community pool and resort-style amenities, including a clubhouse, playgrounds, BBQ areas, dog park, and scenic hiking trails. Conveniently located near the 241 and 133 toll roads for easy access. This home is now priced $130,000 below what the same model sold for less than a year ago. Don't miss your chance to own this incredible home at an amazing value. *Refrigerator, washer and dryer are excluded from sale