Significant price improvement—now offered at $849,000. Currently the lowest-priced three-bedroom, two-and-a-half-bathroom home available in Aliso Viejo, this beautifully updated Cape Cod-style townhome offers approximately 1,304 square feet, panoramic valley and Saddleback Mountain views, and a premium corner location in the sought-after Coronado Cay community. With no neighbors above or below and direct access to an attached two-car garage, the home combines privacy and everyday convenience. Spacious living areas feature an updated fireplace and waterproof luxury vinyl flooring throughout. The remodeled kitchen includes stainless steel appliances, a glass tile backsplash, recessed LED lighting, pendant lighting, and updated cabinetry hardware. Upstairs, the primary suite features soaring vaulted ceilings, a walk-in closet, dual vanities, and a private balcony with sweeping valley views and spectacular sunsets. Two additional bedrooms provide flexible space for guests or a home office. Additional improvements include a new roof, custom paint, ceiling fans in every bedroom, artificial turf, and a full PEX re-pipe completed by the HOA. Surrounded by mature trees and lush greenery, Coronado Cay offers a community pool and spa, with convenient access to Don Juan Avila Elementary and Middle School, parks, hiking and biking trails, Aliso Viejo Town Center, shopping, dining, and the 73 Toll Road. Beautifully updated, ideally situated, and newly priced to offer exceptional value.