Rarely available and highly sought-after ground-floor residence in the picturesque Quail Ridge community. Nestled in an exceptional waterfront setting, home is surrounded by a tranquil stream, a cascading waterfall, mature trees, and lush landscaping, creating a peaceful retreat unlike any other. The living room features a cozy fireplace which extends to an expansive private patio overlooking the stream and waterfall. The updated kitchen showcases white cabinetry, quartz countertops, and stainless steel appliances, blending timeless style with everyday functionality. Adjacent to the kitchen and living area is a versatile bonus space, ideal for a home office or flex room to suit your lifestyle. The spacious primary suite offers tranquil views of the surrounding greenery and flowing stream, creating a peaceful sanctuary. A generously sized secondary bedroom is conveniently located next to a full bathroom, providing comfort and privacy. Additional conveniences include an interior laundry area with full-size washer and dryer, wood-look laminate flooring throughout the main living areas, and tile flooring in the kitchen and bathrooms. The unit features two dedicated covered parking spaces, ample nearby guest parking, and a private storage closet located off the patio. Residents of Quail Ridge enjoy resort-style amenities including a pool, spa, tennis courts, clubhouse, and beautifully maintained grounds. The HOA covers water and trash service. Ideally located directly across from Craig Regional Park and just minutes from Cal State Fullerton.