Timeless Craftsman charm meets modern luxury in the heart of the highly sought-after Old Towne Orange Historic District. Situated on an expansive approximately 5,900-square-foot R-2 zoned lot, this beautifully restored bungalow offers a rare opportunity for future expansion while being located just three homes from the Historic District boundary, providing added flexibility for future improvements. Thoughtfully updated while preserving its original character, the home features engineered hardwood flooring, original wood-framed windows and moldings, abundant natural light, and designer finishes throughout. The remodeled kitchen showcases custom wood cabinetry, quartz countertops, subway tile backsplash, stainless steel appliances, and a charming breakfast nook with original built-in cabinetry. The spacious bathroom has been beautifully renovated, while both bedrooms offer walk-in closets, updated dual-pane windows, and ceiling fans. The detached garage and long private driveway add versatility, creating endless possibilities for a home office, gym, studio, or future ADU. Additional upgrades include a new roof, new 3-ton HVAC system, updated electrical, new water heater, and professionally landscaped grounds. Ideally located just moments from the historic Orange Plaza, Chapman University, boutique shopping, dining, and entertainment, this exceptional home offers the perfect blend of historic character, modern comfort, and future potential.