Over half acre lot in heart of Fallbrook, close to shops, schools, parks & restaurants. HORSES ALLOWED! Four BR main house (1457sf) plus 1 bedroom Casita for in-laws (495sf) , teens or extra income. Both remodeled extensively. Must see to appreciate. Two parcels – zoning allows eight units plus four ADUs. Many options for owners: Live in one & rent the other; Live in both: Develop both parcels with maximum units; Sell larger parcel to homeowner and develop vacant parcel; Sell vacant parcel and develop remainder of larger parcel; Operate as income property and hold for future development. Parcels can be can be sold separately. There is also 1.16 acres behind which can be purchased.