RARE Santa Clarita multigenerational pool home featuring a highly sought-after 5-bedroom floor plan with 2 downstairs bedrooms and a bathroom with walk-in shower, ideal for extended family, guests, or a home office. Located on a small cul-de-sac in the desirable Monterey neighborhood of Rainbow Glen in Canyon Country, this approximately 2, 997 sq ft home offers 3 additional bedrooms upstairs, a loft, and a separate flex room with potential for a 6th bedroom. The kitchen features newer stainless steel Frigidaire Gallery appliances and opens to the spacious family room with built-in shelving. Additional interior highlights include a wrought iron staircase, custom shutters, beveled glass windows, upstairs laundry room, and ample linen storage. The primary suite offers dual vanities, a soaking tub, and separate shower. Step outside to a private backyard oasis featuring a pool, spa, waterfall, built-in BBQ with side burner, beverage refrigerator, outdoor speakers, fire pit, and newer vinyl fencing. Recent upgrades include new exterior paint, newer landscape lighting, pool and spa lighting, fire ring, BBQ, side burner, and outdoor refrigerator. Low HOA and no Mello Roos. Conveniently located near shopping, dining, parks, hiking and biking trails, the Santa Clarita Aquatics Center, award-winning schools, and freeway access.