*FHA Assumable Loan 2.73%** - Endless potential awaits on this flat, fully usable acre in the heart of Fallbrook! This gated and fenced property offers a rare opportunity to create your dream estatewhether you're envisioning a custom remodel, room to expand, or space for a pool, spa, ADU, or even a hobby farm with horses, goats, chickens, and more. Brimming with original charm and custom interior details, the home provides a solid foundation for reimagining into your own personal paradise. Surrounded by beautiful estates and nestled near scenic horse trails, this tranquil retreat feels worlds away while still being conveniently close to town. Enjoy the freedom of no HOA and the flexibility to craft the lifestyle youve been dreaming ofall in one of Fallbrooks most desirable areas. *FHA Assumable Loan 2.73%** - Endless potential awaits on this flat, fully usable acre in the heart of Fallbrook! This gated and fenced property offers a rare opportunity to create your dream estatewhether you're envisioning a custom remodel, room to expand, or space for a pool, spa, ADU, or even a hobby farm with horses, goats, chickens, and more. Brimming with original charm and custom interior details, the home provides a solid foundation for reimagining into your own personal paradise. Surrounded by beautiful estates and nestled near scenic horse trails, this tranquil retreat feels worlds away while still being conveniently close to town. Enjoy the freedom of no HOA and the flexibility to craft the lifestyle youve been dreaming ofall in one of Fallbrooks most desirable areas.