BACK UP OFFERS ENCOURAGED! Discover the potential of this unique 4.9-acre property in the peaceful southern hills of Fallbrook! All on one APN, but already physically divided into two separate lots, this slice of earth offers flexibility and opportunity. The upper lot is a prime homesite with breathtaking 360-degree views of rolling hills and distant mountains, gentle breezes, ideal for building a custom dream home. The lower lot was previously home to a palm tree grove with gorgeous palm trees still present, providing a usable space that could be repurposed for agriculture, gardens, or additional structures. Water Utility Easement is staked on lower lot to provide visibility.   A water meter is already on site connected to Rainbow Municipal Water District, and power is nearby with a utility pole at the corner, making it easy to bring electricity to the property. Enjoy the serenity of rural living, surrounded by grand custom properties without sacrificing convenience - just minutes from the 15 freeway and a short drive to grocery stores, gas stations, and dining. Whether you're looking for a peaceful retreat, multi-generational living potential, building your future homestead, or an investment in land with versatility, this property offers so many options. *Shed and chicken coop/cat enclosure will be removed* GPS to 935 Ranger Rd for closest parking to the lot. Wear good hiking shoes to hike up the slope to see the top lot where your potential future residence will be!