Enjoy the Fallbrook Experience with this gorgeous 2990 SQFT, custom built home on 2.65 acres, in North Fallbrook. Views that will take your breath away, with hot air balloons rising over the mountains in the morning, rolling fog through the hillsides, sweeping through like an art painting and the sound of the coveted Santa Margarita River flowing in the valley below. Uniquely located near an entrance to the 1384 Acre Santa Margarita Preserve, the Santa Margarita River, one of the last free-flowing wild rivers in Southern California and the southernmost range of steelhead trout! You can access the trail with a quick 10 minute walk or via horse for miles of walking paths along the flowing river. This Mediterranean style home has the master bedroom on the main floor with large remodeled master bathroom, and newly installed bidet. Large sliding doors access the deck for incredible views. Spacious family kitchen with seated counter space and large patio slider to access the deck. The kitchen has stainless steel appliances, quartz counters, and refinished kitchen cabinets, opens to the large family room which has a cozy fireplace and separate dining area, bonus room/office and Loft space on upper floor which opens to the family room below with newly installed safety glass. Two large bedrooms upstairs with bathroom, shower in tub and access to walk in attic space for additional storage area. Private exterior Spa area and Useable land below, with garden and chicken run or enough space for a pool. Enjoy the cleared pathways on the property, passing through seasonal creak beds and leads to the access to Vista Del Lago Road, which leads directly to the preserve. To summarize just some of the upgrades; Newly installed laundry room with lots of counter space and stackable washer and dryer. Interior and exterior of home has been newly painted, Main home new roof, leased solar panels, whole house fan, new furnace, updated AC, new water heater, septic has been updated, new vinyl plank throughout, stone tile and newer carpet, newly installed quartz counters in bathrooms and kitchen. 220 Outlet installed in 3 car Garage and spa area, Large RV Parking space, whole house fan, newly remodeled master bathroom and updated additional bathrooms, new bidet in master, new ceiling fans in bedrooms, light fixtures and electrical outlets updated, new pressure regulator, new cooktop, oven and dishwasher. This home is a definite must see! So unique and a rare opportunity!