
Fallbrook, California 92028
This 93-Acre Agricultural Estate represents a High-Potential Investment Opportunity, currently listed at a List Price of $4,200,000, which aligns with its $4,200,000 Fair Market Value. Featuring a Condition Rating of 4, the property offers a rare combination of Coveted Water Rights, two high-producing wells, and 36+ acres of mature orchards. With 20 acres of flat, usable terrain, this asset provides significant development potential for a luxury compound or equestrian facility. It is an ideal acquisition for Agricultural Investors or Luxury Estate Developers seeking a legacy land holding.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3264 Shearer Crossing Subject 5 bd · 3 ba · 3,313 sqft · $1,268 | $4,200,000* List Price | 5 | 3 | 3,313 | $1,268 | - |
A 3264 Shearer Crossing Active 5 bd · 2 ba · 3,313 sqft · $1,268 · 0.2 mi | $4,200,000 List Price | 5 | 2 | 3,313 | $1,268 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1985, this estate is exceptionally well-maintained but reflects its original era. While the Saltillo tile and wood flooring are in good condition, the kitchen features dated cabinetry and older appliances that lack modern luxury standards. The bathrooms and light fixtures also show signs of being outdated, fitting the criteria for a property built over 20 years ago with regular upkeep but no recent major renovations.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 4066761, living area = 3313.
The property features rare, coveted water rights to the San Luis Rey River and two high-producing wells capable of 1,000 GPM, providing unparalleled water security for agricultural or development use.
With approximately 20 acres of flat, usable terrain, the estate offers a versatile canvas for a luxury subdivision, world-class equestrian facility, or a private family compound.
Managing a 93-acre agricultural estate with active orchards and sophisticated water infrastructure requires significant ongoing labor, specialized expertise, and substantial financial overhead.
Built in 1985, the primary residence may require modern mechanical upgrades or aesthetic refreshments to align with the expectations of contemporary luxury buyers at this price point.
The combination of a high-end residential home, massive acreage, and active commercial farming creates a very specific buyer profile, which may result in a more limited pool of qualified prospects.
A once-in-a-lifetime opportunity to own an exceptional 93-acre estate in the heart of Fallbrook with COVETED WATER RIGHTS TO THE SAN LUIS REY RIVER. First, the home is majestically Perched atop a hillside, an exquisitely crafted Spanish-Pueblo estate capturing the essence of timeless elegance and serene countryside living. Framed by panoramic vistas of lush orchards, rolling valleys, and distant mountains, the residence is a masterclass in architectural thoughtful design. Step inside to discover a warm, inviting interior from hand-laid Saltillo tile and rich wood flooring to plush carpeting in select bedrooms, every detail has been curated for both comfort and views. The expansive layout features 5 generously sized bedrooms, two dedicated offices, and an airy loft. The heart of the home, a sun-drenched kitchen, boasts a picture window that perfectly frames the sprawling orchard views. Two wood burning fireplaces lend additional warmth and character to the living spaces, creating cozy retreats for every season. Step out to the backyard where a resort-style pool and spa invite year-round relaxation. Now lets talk about the land...This agricultural paradise with a water supply so abundant, it defies expectations boasting two wells and WATER RIGHTS TO THE SAN LUIS REY RIVER, providing a virtually limitless flow to sustain farming, equestrian dreams, or other developments. The water infrastructure is truly unmatched with Two 65-foot-deep wells with the potential to produce up to 1,000 GPM, currently only one well operating at 340 GPM with 65 PSI; One well is powered by a 20HP submersible pump, the other by a diesel-driven line shaft turbine. Water delivery that spans the entire estate with ease and efficiency, including the house with a reverse osmosis system for potable water. The land is as rich and versatile as its water supply. Currently planted with 11 acres of mature orange trees, 25 acres of various producing avocado trees and a vibrant variety of fruit trees, including mandarins, apples, persimmons, and peaches. Approximately 20 acres of flat, usable terrain present an open canvas for expansion—whether envisioning a world-class equestrian facility, a luxury private estate compound, or a potential luxury subdivision. Let your imagination run free!! Steeped in rich agricultural history, this land has been lovingly maintained by the same family whose legacy helped shape Fallbrook’s renowned citrus and avocado industry.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 3.8 |
| Baths | 3.0 | 3.0 |
| Square foot | 3,313 | 2,343.723 |
| Lot Size | 4,066,761.5 | 46,829.322 |
| Price | $4.20M | $932.8K |
| Price per sq ft | $1.3K | $433 |
| Built year | 1985 | 1992 |
| HOA | $0 | $198 |
| Days on market | 401 | 60 |
Sep 19, 2025
$4,200,000
Initial Listing