I too live in this area ( Fallbrook) and am a Big fan of SO CAL living. Despite the Astronomical housing prices in the area, there are options. Check out KBhomes.com and see what they have to offer in the Campo, Menifee lakes, or Hemet Areas ( also Bonsall, not a KB area). Also, there are Many Condo options which fall into your price range if you widen your scope a bit. They are family friendly areas, and may suit you perfectly- who knows? I own 2 KB homes and they are a wonderful option for what you are looking for. I just bought 9 acres out here in Fallbrook,as a custom home site and I could die here for all I care - I ABSOLUTELY LOVE IT. My wife and I just helped some friends do a search of the area, and found some nice options. I would be MORE than happy to help you along-

Darrell