This one-of-a-kind home offers stunning Lake Mission Viejo views from its prime single-loaded, cul-de-sac location, just two blocks from the lake. Enjoy July 4th fireworks and breathtaking sunsets from your backyard spa or the expansive second-level deck. The highly versatile floor plan features a main-floor master suite, separate living and family rooms (with the family room currently used as an office), and a unique multi-use atrium that brightens the home's high-ceilinged interior. The upgraded kitchen boasts high-end wood cabinetry, stainless steel appliances, granite countertops, a large center island, ample storage, a breakfast nook, and a built-in study area. A striking two-level ceiling and a grand two-sided fireplace separate the formal dining and living rooms. The spacious master suite includes a retreat area, huge walk-in closets, and a luxurious master bath with a soaking tub, dual vanity, and walk-in shower. The second floor features two spacious bedrooms sharing a large bathroom, plus an expansive fourth bedroom (currently used as an office) that can be used as an office/entertainment room/bonus room, complete with a large deck offering the best views in the house. Recent upgrades include new double-pane windows, a new AC system, panoramic sliding doors, a motorized retractable awning with LED lights, new front and backyard hardscaping, a new BBQ, a newly refinished spa with a new pump and fountain, and a water filtration and softener system. Located near East Beach with low HOA fees that include Lake Mission Viejo access, this home is also in the top-rated Capistrano School District and offers easy access to the toll road, I-5, shopping, dining, entertainment, and outdoor activities.