Welcome to 1 Rosa: the perfect starter home or investment property located in beautiful Rancho Santa Margarita. Just steps from the RSM lake, shopping, and delicious restaurants, the location of this home is awesome! Inside, you will find the home has been nicely renovated with newer: flooring, AC/Furnace, electrical pane, stove/oven, paint and electrical outlets. The living area is open-concept, connecting the living room, dining room and kitchen. The bedrooms are separated by the living space giving each room its own privacy. In the primary bedroom, with ensuite bathroom, there are two large closets, a sink area, and separate water closet. Laundry is inside the home, having its own closet. With the purchase of this home, you not only get access to the condo amenities (with includes a private pool/spa), but you also get access to the awesome SAMLARC amenities which include multiple pools, beach club, lagoon, parks, lake, hiking trails, concerts in the park, 4th of July firework show, and more!