Welcome to 1 Paseo Vecino, an exceptional 3 bedroom, 3 bathroom residence tucked inside the highly sought-after gated community of Los Paseos in central Rancho Santa Margarita. Offering one of the best locations in the neighborhood, this home enjoys only one adjacent neighbor and a lush green park directly in front, creating a rare sense of privacy and openness. The interior features a remodeled kitchen with brand-new Samsung appliances, updated cabinetry, quartz counters and modern finishes that flow seamlessly into the dining and living spaces. A cozy family room with a fireplace provides the perfect gathering spot. This floor plan is both functional and versatile, highlighted by two spacious primary suites, upstairs laundry and a main-level bedroom with a full bathroom, ideal for guests, multigenerational living, or a home office. Outdoors, the private porch and yard is perfect for dining al fresco, entertaining, or simply relaxing. As part of the gated Los Paseos community, residents enjoy exclusive amenities including a pool, spa, outdoor showers, BBQ area and a large grassy park—all while also having access to Rancho Santa Margarita’s lake, beach club, parks, sports courts, and award-winning schools. With its central location, stylish upgrades, and unmatched setting, 1 Paseo Vecino presents a rare opportunity to live within walking distance to all that RSM has to offer.