
Fallbrook, California 92028
This 14-acre Spanish Hacienda is a High-Potential Investment Opportunity, listed at $2,940,000—positioned slightly above the $2,893,957 Fair Market Value. While not a discount buy, the property offers immense utility through its 14-acre lot, finished ADU, and grandfathered development rights. With a Condition Rating of 3, the estate features modern granite kitchen finishes and owned solar. The panoramic mountain and city light views provide a premium lifestyle, making this a versatile multigenerational compound ideal for Buy-and-Hold Investors or Owner-Occupants seeking long-term land appreciation.
Property is move-in ready.
While built in 1980, the property has undergone significant renovations likely within the 5-15 year range. The kitchen features updated granite countertops, Cherry Alder cabinetry, and stainless steel appliances. Bathrooms show modern stone finishes and soaking tubs. The addition of an owned solar system and a finished ADU indicates well-maintained systems and move-in ready condition.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 634669, living area = 6145.
Spanning 14 acres across two legal parcels with a grandfathered right for an additional residence and an active avocado grove, this property offers exceptional versatility for a family compound or rental income.
Situated atop a scenic hillside, the estate provides breathtaking, unobstructed views of mountains, city lights, and the surrounding landscape, ensuring a high level of privacy and tranquility.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =634669, other record lot size in square feet = 460429.
Owning 14 acres of rolling hills and an active agricultural grove entails significant upkeep and management responsibilities that may be overwhelming for some buyers.
With an unfinished ADU and a structure built in 1980, the property may require immediate additional capital investment to complete projects and modernize certain architectural elements.
Rare opportunity to own 14 acres across two legal parcels in the rolling hills of Fallbrook, offering endless possibilities for multigenerational living, investment, or future development. Set atop a scenic hillside with breathtaking panoramic sunrise, sunset, mountain, and city light views, this custom Spanish Hacienda combines timeless character with exceptional flexibility. The main residence features classic Spanish architecture with beautiful tile flooring, granite countertops, Cherry Alder cabinetry, and a spacious central courtyard designed for entertaining or enjoying Fallbrook's peaceful surroundings. The detached garage was engineered to support a future second-story addition, while the owned solar system helps offset energy costs. Beyond the main home, the property includes a finished ADU, an additional unfinished ADU ready for your vision, a large 20' x 30' storage building, and productive agricultural acreage with mature avocado trees. A farmer currently maintains the grove and may continue with the property, providing a seamless transition for the next owner. The property is grandfathered to allow an additional residence, creating even more opportunity for expanded living, rental income, or future estate planning. Whether you're looking to create a private family compound, explore development potential, or simply enjoy over 14 acres of privacy and incredible views, this one-of-a-kind Fallbrook estate offers an opportunity that's increasingly hard to find.
No exterior & parking available.
Grades K-6 • 3.1 mi
Grades K-5 • 4.7 mi
Grades K-6 • 5.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 6.0 | 3.8 |
| Baths | 7.0 | 3.0 |
| Square foot | 6,145 | 2,343.723 |
| Lot Size | 634,669 | 46,829.322 |
| Price | $2.94M | $932.8K |
| Price per sq ft | $478 | $433 |
| Built year | 1980 | 1992 |
| HOA | $0 | $198 |
| Days on market | 88 | 60 |
Jul 29, 2026
$2,940,000
Initial Listing
Jun 28, 2013
$1,060,000
Public Record
Feb 29, 2000
$484,500
Public Record
Sep 22, 1995
$240,000
Public Record