Well located in desirable Morro Hills in Fallbrook, this stunning 3.47 acre lot is ready for you to build your dream home. Massive views eastward overlooking South Fallbrook, the San Luis Rey River Valley, Bonsall, and beyond. The property is gently sloped with several mostly flat potential building sites for a home, guest house, pool, and additional structures. A very usable parcel. Existing driveway and pad are already in place. Fully fenced. Irrigation already in-place with a 1" water meter (Rainbow Municipal Water District). The property had been perc tested and previously approved by the San Diego County Department of Public Health for a septic system based on the then anticipated home design plans. The pad was graded under the supervision of a licensed civil engineer. Many extremely valuable mature, large landscape trees have already been planted strategically along the driveway leading to the homesite and around the perimeter of the property. Native live oak trees are onsite. The parcel also contains a variety of family fruit trees. An idyllic setting. Just minutes to Oceanside, Bonsall, Fallbrook and the beach. Major shopping and services nearby with easy access to Highway 76, I-5 and I-15 for quick commutes into San Diego, Orange County and LA. A must see property for the discriminating buyer.