Nestled in the serene community of Valley Center, this exceptional 2 acre estate is a versatile opportunity for investors, multi-generational families, and equestrian enthusiasts alike. Offering a blend of rental income, spacious living, and potential for expansion, Lilac Mountain Ranch is a rare find in North San Diego County. For income potential, the property boasts a renovated 2,400 sqft main home with open-concept layout, & a spacious loft, currently a home theater, that offers an additional bonus room for hobbies, office space, or playroom. Nearby sits a 1 bed/1 bath ADU, perfect for generating rental income or accommodating extended family. Additionally, a cozy studio apartment adds more flexibility, whether for short-term rentals, private workspace, or guest suite. With rental revenue already established from both the main house and ADU, this property is primed for continued cash flow. Equestrian enthusiasts will appreciate the horse-friendly amenities, including a dedicated horse arena, horse shade structure, and ample land for further customization. The gently sloping terrain provides excellent potential for expanded equestrian facilities, gardens, or recreational space.The property is equipped with owned solar panels, ensuring energy efficiency & cost savings. For a multi-generational living solution, this estate offers separate yet connected living spaces, providing privacy & convenience. The expansive outdoor areas create a welcoming environment for family gatherings, barbecues, or simply relaxing in peaceful surroundings & unwinding in the above-ground spa. Nestled in the serene community of Valley Center, this exceptional 2+ acre estate is a versatile opportunity designed to meet the needs of investors, multi-generational families, and equestrian enthusiasts alike. Offering a blend of rental income, spacious living, and potential for expansion, this property is a rare find in North San Diego County. For those seeking income potential, the property boasts a renovated 2,400 sqft main home with modern upgrades, an open-concept layout, and abundant natural light. The main house also features a spacious loft, currently used as a home theater, that offers versatility as an additional bonus room for hobbies, office space, or a playroom. Alongside the main house sits a 1 bed/1 bath ADU — perfect for generating rental income or accommodating extended family. Additionally, a cozy studio apartment adds even more flexibility, whether used for short-term rentals, a private workspace, or a guest suite. With rental revenue already established from both the main house and ADU, this property is primed for continued cash flow. Equestrian enthusiasts will appreciate the horse-friendly amenities, including a dedicated horse arena, a small horse shade structure, and ample open land that’s ideal for further customization. The flat to gently sloping terrain provides excellent potential for expanded equestrian facilities, gardens, or recreational space. The property is also equipped with fully owned solar panels, ensuring energy efficiency and cost savings for years to come. For added relaxation and outdoor enjoyment, unwind in the above-ground spa, perfectly situated to take in the peaceful surroundings. For those seeking a multi-generational living solution, this estate offers separate yet connected living spaces, providing both privacy and convenience. The expansive outdoor areas create a welcoming environment for family gatherings, barbecues, or simply relaxing in the peaceful surroundings. Located in the heart of Valley Center, this property offers a tranquil lifestyle while keeping you close to essential amenities. Enjoy local wineries, farmers' markets, and scenic hiking trails just minutes away. Whether you're looking to establish a family compound, expand your investment portfolio, or embrace an equestrian lifestyle, this property offers endless potential to turn your vision into reality. Schedule your private showing today! Don’t miss this unique opportunity to own a versatile property in one of North San Diego County’s most desirable locations.