
Fallbrook, California 92028
Analysis of 1917 Santa Margarita Drive, Fallbrook, California 92028 is currently available with a list price of $2,995,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Fallbrook Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is move-in ready.
The property is move-in ready and exceptionally well-maintained, featuring high-end craftsmanship and luxury finishes. Although built in 2003, the estate shows minimal wear and tear with premium features such as travertine flooring, soaring exposed beam ceilings, and a gourmet kitchen equipped with top-of-the-line stainless steel appliances and granite countertops. The systems and exterior amenities, including the infinity-edge pool and guest house, appear to be in excellent functional condition, fitting the criteria for a well-maintained home within the 10-25 year range.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 299257, living area = 6531.
The property includes a rare 3.63-acre building site and a professionally managed avocado grove, offering unique opportunities to expand or create a multi-structure family compound.
The estate is equipped with high-end features including an infinity-edge pool, a custom wine room, an executive office, and a private gym loft, catering to a sophisticated lifestyle.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =299257, other record lot size in square feet = 48787.
The expansive 6.37-acre grounds, infinity pool, and professionally managed grove will require substantial ongoing maintenance and operational expenses.
The local public schools carry ratings between 4 and 5, which may be a drawback for luxury buyers prioritizing top-tier educational districts.
Discover luxury and craftmanship in this breathtaking Tuscan-inspired estate set of 6.37 private acres overlooking the Santa Margarita River Valley. The main residence offers 5,751 sq ft of living space, complemented by a 780 sq ft guest apartment featuring 2 bedrooms and 1 bath - perfect for visitors or extended family. Step inside to soaring exposed beam ceilings, travertine flooring and dramatic floor-to-ceiling windows that showcase the views and flood the home with natural light and frame the views of the infinity-edge pool, rolling hills and canyon beyond. The open concept floor plan flows seamlessly from the elegant great room to the dining area and into the gourmet kitchen. The chef's kitchen is a true showpiece, featuring top-of-the-line appliances, granite counters, custom cabinets, pendant lighting and walk-in pantry. The adjoining breakfast room opens to a covered patio - perfect for morning coffee or entertaining al fresco. A private primary suite offers a luxurious spa-like bath with soaking tub, dual vanities and his and hers closets. Get the morning workout done in the private gym located in the adjacent loft area. This exceptional residence offers an expansive layout with each additional bedroom featuring an en-suite private bath. The executive office is perfect for remote work with wood finishes and custom built-ins. For the wine connoisseur, the home includes a personal wine room custom cabinetry to showcase your finest vintages. The tasteful decor/art work and high end furnishings are included in the sale. The 6.87 acres includes a professionally managed avocado grove and a 3.63 acre building site, a rare opportunity to expand or create a family compound. Located in Edgewater Estates a gated community of custom homes this property is just minutes from downtown Fallbrook but worlds away from ordinary.
No exterior & parking available.
Grades K-6 • 1.9 mi
Grades K-6 • 2.1 mi
Grades 7-8 • 2.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 6.0 | 3.0 | 98% |
| Baths | 6.0 | 3.0 | 97% |
| Square foot | 6,531 | 2,414 | 100% |
| Lot Size | 299,257.188 | 32,234.5 | 96% |
| Price | $3.00M | $932.5K | 99% |
| Price per sq ft | $459 | $417 | 72% |
| Built year | 2003 | 1991 | 64% |
| HOA | $100.0 | $0 | 71% |
| Days on market | 71 | 181 | 16% |
Mar 12, 2026
$2,995,000
$3,195,000
-6% Price Drop
Initial Listing
Feb 10, 2026
$3,195,000
Initial Listing
Mar 1, 2006
$2,480,000
Public Record
Mar 1, 2006
$365,000
Public Record