Live in the heart of the magic on iconic Candy Cane Lane, one of the area's most celebrated holiday decorating neighborhoods since 1997. This exceptional home offers awe inspiring scale, light, and a highly sought after floor plan in a premier cul de sac location. From the moment you enter you're greeted by 19 foot cathedral ceilings that seamlessly connect the living room, den, dining area, and kitchen anchored by an expansive floor to ceiling fireplace. Walls of windows fill the home with natural light and showcase stunning mount views. The desirable main floor primary suite features an oversized bedroom, spa like en suite bath with dual sinks, a soaking tub, separate walk in shower, and a generous walk in closet. Upstairs, you find three large bedrooms, all with ceiling fans, plus enormous bonus room perfect for a playroom, gym, home office, or private movie theater. Designed for entertaining, this open concept home includes: Four spacious bedrooms + large bonus room, dual zone air conditioning (separate units for upstairs and downstairs), overabundance of solar panels, electric vehicle charger, three car garage with overhead storage, custom pavers along a large side yard, 17 foot rear easement providing exceptional privacy and enhanced second story views. Located just steps from O'Neill Park, this home is part of a amenity rich community featuring multiple pools (including the Rancho Santa Margarita Beach Club), tennis, basketball, baseball, pickleball, scenic trails and nearby parks. Enjoy walking distance to Melinda Heights Elementary, approximately two miles to Trabucco Hills High School, and quick access to shopping, dining and entertainment. Lovingly maintained by the original owner, this one of a kind home is ready for its next chapter. Location, views, space and lifestyle, this one has it all.