BACK ON MARKET! YOU HAVE ANOTHER CHANCE! Remodeled Montecito with added square footage! The addition was well-planned and feels so welcoming and natural. There is plenty of light, and it's a comfortable and peaceful place to gather with family and friends. There is a downstairs den/office that could easily be converted to a fifth bedroom, and an enlarged family room and open kitchen area. The kitchen has been remodeled and includes a large island with lots of storage, almost brand new double oven and stove-top range, and a spacious pantry with pull out shelves. There is a gorgeous built-in hutch in the dining area. The family room is gigantic, with plenty of room for entertaining or family movie nights. The den/office has a fireplace and built-in desks and storage, and could be converted to a fifth bedroom. The comfortable master suite is upstairs, with an updated shower area in the bathroom and built-in shelving in the closet. This home is truly a gem, with nicely landscaped yards. Complementing the beautiful home is the lovely neighborhood in which it is set. It is a short walk to the lake, O'Neil County Park, shopping and restaurants, as well as the nearby elementary school. Rancho Santa Margarita was rated by SafeWise as the second safest city in California in 2021, and has many parks, pools, walking paths and a beach club for your entertainment, while having low HOA fees. Don't miss out - this could be your new home!