2.45 parcel on Knoll Park Lane in Fallbrook. This beautiful property includes a knoll with a 360-degree view. It was owned by the Fallbrook Water District from 1959 until just last year, otherwise it would have been developed many years ago, due to its beauty. The lot had a comprehensive perc test done last year and recently received septic approval for a 4-BR home. An ADU could easily be added. The water district already has water onsite, making for an easy meter installation. There is also already an SDGE power pole at the property line. The property is completely fenced on 3 boundaries, with drivable access to the top. Much of the lot is close to level, with the center knoll sloping slightly in every direction. There are a few olive trees scattered throughout. It is truly a special property. Close to town and close to Interstate 15, in beautiful Fallbrook. A park-like setting with wonderfully refreshing breezes and spectacular views!