This beautiful, updated home on a well-planned 2.63 acres is ready for horses, 4H projects, and entertaining friends and family! Located in the Rock Mountain area of North Fallbrook, this lovely property is less than 10 minutes to "town," and all the quaint features and shops downtown have to offer. Even closer to home are opportunities for hiking and riding in the Santa Margarita River Trail Preserve. Upon entering the fully fenced Property through the classic brick pillars and automatic gate, there is a large concrete parking area for shooting hoops or learning to ride bikes. The home is meticulously maintained and offers high-end engineered hardwood floors throughout, an updated kitchen with granite counters, newer lighting, updated and refreshed bathrooms with wood-look tile floors, central Carrier AC/ Heating, energy-rated vinyl windows, and a cozy wood-burning stove in the living room. The den/office could be an optional 4th bedroom. The garage is spacious and has a 3rd bay for workshop or storage. Out back, a lovely, covered patio is perfect for entertaining year-round, and everyone will enjoy the Salt Water PebbleTec pool with Baja Step. Plenty of spaces exist to relax in the shade or take in the valley views. Low-maintenance landscaping raised garden beds, and lemon, lime, orange, pomegranate, apricot, and avocado trees make for bountiful but manageable yields. This home is well-loved and in a friendly, multi-generational neighborhood of large lots. Equestrians will be delighted with the thoughtful design of the ranch. Two arenas (approx. 60'x80' and 90'x180') with Textile and Washed Concrete Sand blend footing are perfect for many disciplines. A shedrow with runs, covered corrals, and a foaling stall with a paddock keep horses happy and sheltered. The facility includes a feed room, a finished tack room with interior and exterior lights, a covered outdoor workshop, and 4 shaded grooming bays with storage. The lower gate to the Property makes deliveries and trailer parking a breeze. Outdoor: Fully fenced 2.63 acres with Automatic gate and separate barn/delivery gate Vast concrete parking area Oversize 2-car garage with 3rd bay for storage/ workshop Fenced Pebble Tec Saltwater pool with Baja Step The Property's acreage includes Mature shade trees, low-maintenance landscaping, a raised garden bed, and Family orange, lemon, lime, apricot, pomegranate, and avocado trees. Dog or small livestock paddock Interior: Updated kitchen with granite countertops High-end engineered hardwood flooring throughout and new baseboards. Wood-look tile in bathrooms and laundry room Updated Guest bathroom with tile surround, farm sinks, and lighting Newer Vinyl windows Zonal Carrier AC/ Heating Newer Interior paint Ceiling fans throughout Improved Horse Property: Professionally designed facility Easy trailer parking and delivery access 2-arenas with Textile/ Washed Concrete Sand blend footing, appropriate for many disciplines (approx. 60x80 and 90x180) For your horses' housing, Shedrow Stalls with runs and covered corrals. Foaling stall with approx. 20x60 paddock Feed storage, Finished Tack room with interior and exterior lights, Outdoor covered workshop. Shaded grooming area with 4-cross ties/ wash racks and storage in between.