Centered on a 1.14 +/- acre corner lot within the prestigious Peterson Ranch neighborhood of West Templeton, this nearly 3,800 +/- square foot home showcases 8 spacious bedrooms and 6.5 bathrooms, a 900+/- sq ft 3-car garage, plus a separate, finished 2-car garage with storage and additional laundry facilities. As you arrive a lovely mature setting of scattered trees and open spaces welcomes you. Stepping in the door you enter into one of two living areas; the second featuring a fireplace and flows freely into the open kitchen and formal dining setting. The kitchen is complete with white cabinetry, granite counters and stainless steel appliances. Custom crown molding and baseboards, hardwood floors, and remodeled bathrooms also add further appeal. The home's layout has been reimagined and expanded over the years to maximize flexibility: the left wing lends itself to 4 bedrooms and 2 baths (1 en-suite primary), while the right side of the home rounds in another 3 more bedrooms - 2 boasting en-suite baths, 1 with a bath, a sitting area, and small kitchenette! Lastly, a generous sized front studio, featuring its own private entrance, full bathroom, and secluded private courtyard, completes the package. Make no mistake - this is a seriously savvy, seriously spacious option for multi-family living, vacation rental income, a care home, or countless other cash-flow possibilities! And a home of this magnitude merits a matching solar system: a 12.96 kW setup with an energy storage bank, plus a newer electrical panel and HVAC components just 1 year young, round out the most recent efficiency upgrades. This is a true investor special, multi-generational estate, or luxury senior care home opportunity - particularly given its proximity to medical services, less than 1/2 mile away! But whatever the use, there's no place quite like one of the North County's most respected, and revered neighborhoods to call home.