Welcome to 1 Encantado Canyon, a beautifully updated single-story end unit located in the sought-after Belterraza community of Rancho Santa Margarita. This light-filled 1,230 sq ft home features vaulted ceilings, an open-concept layout, an inviting fireplace, and stylish wood-like flooring throughout the main living areas. A spacious wraparound patio offers the perfect space for both relaxing and entertaining. The kitchen is equipped with Corian countertops, a modern tile backsplash, and direct patio access, while the primary suite includes cozy carpet, dual closets, a spa-inspired bathroom, and private access to a serene patio with a mature lemon tree. A second bedroom and full bath provide flexibility for guests or a home office. Additional highlights include fresh interior paint, two single-car garages (one with direct entry and laundry), low HOA fees, and access to SAMLARC amenities such as pools, parks, and a private beach club - making this home a perfect blend of comfort, convenience, and prime location.