Welcome to 27691 Alarcon located on the hills of Madrid Del Lago neighborhood right above the beautiful Lake Mission Viejo. This exceptional Mediterranean style home offers an oversized lot with a shimmering pool and spa and a breathtaking unobstructed view of the Saddleback Mountains and city lights. An incredible outdoor living space with a built in BBQ, great seating areas, and gorgeous motorized awnings and gazebo with amazing views. This charming home has a great layout and is an entertainer’s dream, you definitely feel at home the minute you step inside. Warm and inviting living room and dining room, gourmet kitchen with gorgeous designer granite, beautiful kitchen cabinets, breakfast nook area and wet bar. Family room with built-in cabinets and fireplace offers peace and serenity while enjoying the great views. Master bedroom offers a fireplace, wood flooring, plantation shutters, separated by double doors from mirrored closets and the beautifully remodeled master bath for privacy. Secondary bedrooms are large and share a great remodeled bathroom. The 4th bedroom is beautifully designed for a home office with built-ins. Other features of this home include repiping, water softener for the whole house, double pane windows and doors, new pool equipments, Rain gutters, small closet in garage with cedar lining for winter clothes. Extra built in cabinets in the garage. Big side yard that could accommodate an RV. Just a short distance to the magnificent Lake Mission Viejo with exclusive access to its year-round activities that offers fishing, boating, kayaking, paddle boarding, sail boating, swimming and beach volleyball. Lake front clubhouse for your events, summer concerts, movie nights, taste of Mission Viejo and the spectacular 4th of July fireworks. Plaza Del Lago offers great waterfront dining and shops. This coveted community is truly a joy for the entire family.