Financing Available - Stated income loans with as little as 15% down and a 10-year fixed rate for qualified buyers. Nestled atop a picturesque knoll, this stunning 5.09-acre parcel offers breathtaking 360-degree views, including sweeping vistas of the valley, majestic mountains, and twinkling city lights. Located in the prestigious Santa Margarita Ranchos HOA and surrounded by multi-million dollar estates, this prime lot is just minutes from town while offering the serenity of a private retreat. The property boasts a generous building site where a very large flat pad can be developed, making it the perfect canvas for your dream home. With a minimum home size of 2,500 square feet, the possibilities for luxury living are endless. Essential utilities are close by, with power, phone, and water lines fronting the property, along with a fire hydrant for added peace of mind. The property is paid into the water district and qualifies for a 1" water meter, simplifying the development process. This rare offering combines convenience, privacy, and panoramic beauty - an unparalleled opportunity to create your custom estate.