Rarely available Custom-Built Estate for sale on Usable 2 Acre Site. Large Greenhouse (Conservatory), Library, 3 large bedrooms plus large office , exercise room or Master Retreat. New engineered hardwood floors. Grand Staircase, Grand Dining Room, Exquisite Marble Fireplace, Fireplace in Kitchen, Master, and Living Room. Views over working Horse Ranch in prime location set in the whimsical town of Fallbrook CA. Recent roof and paint, Butler’s Pantry and Laundry room. All set-in historic Capra Ranch. Miss Margaret Turner designed and built this magnificent home as a replica of her childhood home in Montecito, California. Margaret was a horticulturalist and antique collector, leaving some irreplaceable remnants of her talent that still grace the home- leaded glass entry windows, European marble fireplace in Dining, and fireplace in kitchen, Master, and Living. It is sited on a 2-acre parcel overlooking a working horse ranch, where you can watch the ponies gallop from the upstairs terrace or from the expansive wrap-around veranda, all on Capra Ranch, once owned by Frank Capra, frequently referred to as the “greatest filmmaker of all time” for “It’s a Wonderful Life” and other cinematic masterpieces. This home is often mistaken for a historically designated “time capsule,” yet it was completed in 1985 and offers all the grandeur and features of a “turn of the century” estate. Featuring a Grand Entrance with a sweeping staircase, a Grand Dining Room , a conservatory (greenhouse), a breakfast sunroom, a massive Great Room, a Library, Sewing Room/Office/ Exercise Room, Master Retreat, and even a butler’s pantry for the caterers. The aluminum roof was replaced in July 2020, at which time the exterior wood was renewed and professionally painted. Approx room meas.sqft Office/Master Suite, Greenhouse 30×20, Sunroom 14×30, Library 14×16, & Butler’s pantry 8×14 Architectural Style: Custom Built View: Custom Built Sewer: Septic Installed Topography: LL,GSL Frontage: Open Space