
Fallbrook, California 92028
This Exceptional Multi-Unit Estate is a High-Potential Investment Opportunity, with a List Price of $1,850,000—positioned well below the $2,061,761 Fair Market Value by 10%. This valuation gap offers $211,761 in Instant Equity. Boasting a Condition Rating of 2, the property features a designer kitchen, a 4,000-square-foot warehouse, and two additional rental units on four serene acres. Located near top-rated Bonsall Elementary, this versatile compound balances luxury with significant income potential. It is the perfect acquisition for Owner-Occupants seeking a live-work lifestyle or Multi-generational Families.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4367 S Mission Rd Subject | $1,850,000* List Price | 3 | 4 | 3,720 | $554 | - |
A 11 Country Glen Rd Sold | $1,695,000 | 3 | 4 | 3,020 | $561 | 0.8 mi |
B 9 Country Glen Road Active | $2,225,000 List Price | 3 | 3 | 3,577 | $622 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1997, the property has undergone high-end, modern renovations within the last 5 years. The designer kitchen features contemporary cabinetry, stone countertops, and premium stainless appliances, while the bathrooms showcase updated stone tiling and modern fixtures. The inclusion of solar and well-maintained HVAC systems further supports a top-tier rating.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 177724, living area = 3720.
With a main residence, a detached casita, and an additional apartment, this estate offers unparalleled flexibility for multi-generational living or significant rental income potential.
The impressive 4,000-square-foot detached warehouse is a rare find, providing ample space for business operations, car enthusiasts, or extensive storage needs without HOA restrictions.
The private well requires additional infrastructure to be fully functional, which may necessitate immediate capital investment and technical oversight from the buyer.
Managing over four acres of mature landscaping, multiple residential structures, and a pool requires a substantial ongoing commitment of time and financial resources for upkeep.
Set on over four serene acres in the rolling hills of Fallbrook, this exceptional multi-unit estate offers a rare blend of privacy, versatility, and refined design. Tucked behind two private gates and surrounded by mature landscaping, the 4.08-acre property feels like a secluded retreat while still providing convenient access to nearby amenities. The main residence is a thoughtfully designed two-story home featuring 3 bedrooms and 3.5 bathrooms, including dual primary suites—one on each level—ideal for multi-generational living or hosting guests in comfort. The expansive floor plan is anchored by a large designer kitchen equipped for both everyday living and entertaining, with generous counter space, custom cabinetry, and seamless flow into the main living areas. Natural light pours in through oversized windows, while multiple access points lead out to sweeping decks on both levels, creating a true indoor-outdoor lifestyle. Under the home is an unfinished basement that can possibly add around 1000 extra sqft. Step outside to experience the home’s standout features: expansive decks that overlook the tranquil grounds, perfect for relaxing or entertaining. The lower deck includes a private plunge pool, offering a refreshing escape with peaceful views of the surrounding landscape. Beyond the main home, the property includes two additional residential units, providing incredible flexibility and income potential. A detached casita offers 2 bedrooms and 1 bathroom, ideal for extended family, guests, or rental opportunities. Additionally, a spacious 2-bedroom, 1-bath apartment sits above an impressive 4,000-square-foot detached warehouse/workshop—perfect for business use, creative projects, car enthusiasts, or large-scale storage. The grounds are equally impressive, featuring a private basketball/tennis court with a waterfall feature, a tranquil zen garden for reflection and relaxation, a fenced garden with raised beds and cages, and wide open spaces that enhance the estate’s sense of peace and seclusion. A private well can support the property with some infrastructure, while solar adds energy efficiency and long-term savings. Multiple private outdoor showers allows for connection to nature. With no HOA restrictions, abundant parking for multiple vehicles, RVs, or equipment, and a layout that supports both residential and professional needs, this property is truly one of a kind. Whether you’re seeking a private family compound, an income-producing investment, or a live-work lifestyle, this Fallbrook estate delivers unmatched opportunity in a picturesque setting.
No exterior & parking available.
Grades K-5 • 1.8 mi
Grades K-6 • 4.6 mi
Grades K-6 • 4.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 4.0 | 3.0 | 76% |
| Square foot | 3,720 | 2,414 | 87% |
| Lot Size | 177,724.797 | 30,492 | 91% |
| Price | $1.85M | $930.0K | 96% |
| Price per sq ft | $497 | $417 | 83% |
| Built year | 1997 | 1991 | 54% |
| HOA | $0 | $0 | 50% |
| Days on market | 5 | 181 | 8% |
Apr 17, 2026
$1,850,000
Initial Listing
Aug 7, 2015
$845,000
Public Record