Fallbrook, CA Homes for Sale under $400,000

/17
$350,000
- Land
- 16.75 Acres
- $20,896 per Acre
0 Rainbow Heights Rd Unit NDP2602163, Fallbrook, CA 92028

15% Down Land loans or 5% down construction loans available. Zoned RL-40. Imagine waking up to wide-open skies and endless panoramic mountain views stretching beyond the horizon. This 16.75-acre parcel tucked into the rolling hills of Fallbrook offers more than land, it offers endless possibilities. As you drive up, you feel it immediately: privacy, peace, and that rare sense of space that’s

Frances Mouser

eXp Realty of California, Inc

(442) 244-9481

0 Rainbow Heights Rd Unit NDP2602163, Fallbrook, CA 92028
Explore Fallbrook
/22
$400,000
- Land
- 26.21 Acres
- $15,261 per Acre
10148 Alex Rd, Fallbrook, CA 92028

Over 26 acres of usable land nestled in the rolling hills of North San Diego County, offering an incredible opportunity for agricultural ventures, livestock operations, or your own private ranch estate. With expansive open space and excellent sun exposure, this property is perfectly suited for farming, animals, or creating a custom countryside retreat. Located in a peaceful rural agricultural

Frances Mouser

eXp Realty of California, Inc

(442) 203-1914

10148 Alex Rd, Fallbrook, CA 92028
/15
$350,000
- Land
- 4.23 Acres
- $82,742 per Acre
0 Rainbow Glen, Fallbrook, CA 92028

Discover the potential of this exceptional 4.23-acre parcel nestled in the peaceful southern hills of Fallbrook. Offering the ideal blend of rural privacy and everyday convenience, this property is located just a short drive from the I-15 freeway, Temecula, Downtown Fallbrook, and the Southern California coastline. Surrounded by rolling hills and open skies, this versatile property presents a

Andrea Lynn Duncan Coldwell Banker Realty

0 Rainbow Glen, Fallbrook, CA 92028
/53
$399,500
- 2 Beds
- 2 Baths
- 1,600 Sq Ft
4650 Dulin Rd Unit 175, Fallbrook, CA 92028

Great floor plan, large bedrooms living area, etc. Walk in closet, lots of storage. Large shed, wide carport, low maintenance. Don't miss another great opportunity to live at Rancho Monserate Country Club, an active 55 plus community offering free golf, pickleball,, tennis, RV storage.

Jan Carver Realty ONE Group Pacific

4650 Dulin Rd Unit 175, Fallbrook, CA 92028
/49
$355,000
- Land
- 6 Acres
- $59,167 per Acre
0 Rainbow Peaks Unit NDP2510569, Fallbrook, CA 92028

Welcome to Rainbow, a peaceful community located on the east side of the I-15 in Fallbrook, just off Mission Road. About 10 minutes from the freeway, this property sits high above the valley in a special microclimate where the weather is ideal—tempered by unobstructed ocean views and refreshing coastal breezes. Situated along Rainbow Peaks Road, this parcel truly lives up to its name. Perched

Benjamin Williams Coldwell Banker Realty

0 Rainbow Peaks Unit NDP2510569, Fallbrook, CA 92028
/17
$325,000
- 3 Beds
- 2 Baths
- 1,120 Sq Ft
1638 Calavo Rd Unit 34, Fallbrook, CA 92028

Welcome to this beautifully upgraded 3 Bedroom 2 full bathrooms Manufactured home, this home is located in one of Fallbrook’s most desirable and peaceful communities lots of amenities. Enjoy a calm quiet neighborhood while still being close to everything Fallbrook has to offer.

Sarahi Casarez Sunshine Properties RealEstate

1638 Calavo Rd Unit 34, Fallbrook, CA 92028
/45
$380,000
- 2 Beds
- 2 Baths
- 1,344 Sq Ft
4650 Dulin Rd Unit 42, Fallbrook, CA 92028

Rancho Monserate Country Club, an active 55 plus community. This home is turn key with many upgrades and a great location! Open light and bright, low maintenance. Investment/rental potential... Enjoy free golf, pickle ball, RV storage, tennis, walking trails, dog park, many activities and amenities! Must see and priced to sell...live the life you deserve, at an affordable price!

Jan Carver Realty ONE Group Pacific

4650 Dulin Rd Unit 42, Fallbrook, CA 92028
/18
$349,000
- Land
- 2.53 Acres
- $137,945 per Acre
6542 Indian Trail Way, Fallbrook, CA 92028

Discover the perfect canvas for your custom residence at 6542 Indian Trail Rd in beautiful Fallbrook. Spanning 2.53 acres, this buildable lot offers the ideal setting for a private estate surrounded by nature’s tranquility. The property features gentle terrain, picturesque mountain views, and plenty of usable space for your dream home, pool, gardens, and outdoor living areas.Located on a

Michael Hickman Seven Gables Real Estate

6542 Indian Trail Way, Fallbrook, CA 92028
/38
$379,000
- 1 Bed
- 1 Bath
- 729 Sq Ft
1758 Pala Lake Dr, Fallbrook, CA 92028

A nice condo in a very nice community couple with golf course view! The community of Pala Mesa provides resort style living while maintaining close proximity to freeways. Situated between Oceanside and Temecula, this is perfect place for those who commute. This community features like a clubhouse, golf course, a community pool, and plenty of walking grounds for yourself and your animals. Well

William King Coldwell Banker Realty

1758 Pala Lake Dr, Fallbrook, CA 92028
/41
$399,000
- 2 Beds
- 2 Baths
- 1,472 Sq Ft
4650 Dulin Rd Unit 27, Fallbrook, CA 92028

Rancho Monserate Country Club, is a 55 plus community located in North San Diego County. This home has a great, private, quiet location with incredible Sunset views, an open light and bright floor plan, several upgrades including new A/C, heat, plumbing, and privacy fencing. Enjoy free golf, tennis, pickleball, RV storage, walking trails and a dog park....too many amenities and activities to list!

Jan Carver Realty ONE Group Pacific

4650 Dulin Rd Unit 27, Fallbrook, CA 92028
/14
$368,900
- 2 Beds
- 2 Baths
- 945 Sq Ft
868 E Alvarado St Unit 7, Fallbrook, CA 92028

Complex is VA approved. Don’t miss this exceptional opportunity to own a beautifully remodeled condo! This spacious unit features upgraded wide-plank vinyl flooring and modern sinks, offering both comfort and contemporary style. The living room window captures unobstructed, peaceful mountain views, filling the space with natural light. You can also step out onto the walkway to enjoy the serene

Alison Happle Re/Max Top Producers

868 E Alvarado St Unit 7, Fallbrook, CA 92028
/4
$340,000
- Land
- 1.02 Acres
- $333,333 per Acre
1916 Grey Rabbit Hollow Ln, Fallbrook, CA 92028

Rare Opportunity on a Coveted Street! Welcome to your chance to own 1.02 acres of prime, build-ready land on a beautiful street in Fallbrook! Tucked away at the end of a peaceful cul-de-sac, this property offers unmatched privacy with beautiful landscaping; there are endless opportunities to build your dream home with stunning surroundings. This one of a kind land is relatively flat with a small

Hanna Anderson Major League Properties

1916 Grey Rabbit Hollow Ln, Fallbrook, CA 92028
/38
$349,900
- 1 Bed
- 1 Bath
- 729 Sq Ft
4125 Pinehurst Ct, Fallbrook, CA 92028

Welcome to resort-style living in the highly sought-after Pala Mesa Villas! This beautifully upgraded 1-bedroom, 1-bath condominium offers 729 square feet of turnkey comfort, perfectly situated on a quiet cul-de-sac in the scenic hills of Fallbrook. Step inside to discover a thoughtfully refurbished interior featuring newer porcelain tile flooring in the kitchen, and elegant granite countertops

Christine Rinne Essential Real Estate Services

4125 Pinehurst Ct, Fallbrook, CA 92028
/6
$399,000
- Land
- 5.04 Acres
- $79,167 per Acre
1735 S Mission Rd, Fallbrook, CA 92028

Auction! Residential development opportunity in Fallbrook, CA. This 5.40 acre property offers a superior location on Mission Road, close to top-rated schools, retail centers and Camp Pendleton. Zoned Rural Residential (RR) potential for 13 lots and 2 affordable with Density Bonus (AB 1287/SB9) verify with San Diego County. Home resale values over $1,300,000 in the immediate vicinity. Seller will

bill lange LFC Marketing Services, Inc.

1735 S Mission Rd, Fallbrook, CA 92028
/22
$305,000
- 3 Beds
- 2 Baths
- 1,296 Sq Ft
3909 Reche Rd Unit 185, Fallbrook, CA 92028

Newer 2015 Golden West doublewide manufactured home with a split floor plan, 3 spacious bedrooms and 1.75 baths. Perfect for all ages. Ideal for an owner-occupant investor willing to share the home with working roommates who want to stay. Seller is a licensed real estate professional in California, but retiring soon and relocating to be closer to relatives. Please pardon the moving boxes and

Jonathan Minerick Homecoin.com

3909 Reche Rd Unit 185, Fallbrook, CA 92028
/31
$349,999
- 1 Bed
- 1 Bath
- 729 Sq Ft
1784 Pala Lake Dr, Fallbrook, CA 92028

Instant equity!! Just appraised at $370k!! Situated amongst the scenic Pala Mesa Golf Course in Fallbrook, this private one-bedroom, one-bathroom upper level end unit condo offers a perfect blend of comfort and convenience. This low maintenance retreat is great for those looking to downsize, first time homebuyers and avid golfers. Inside, you’ll find modern finishes, including stainless steel

Krista Stemmerman Stemmerman Realty Group

1784 Pala Lake Dr, Fallbrook, CA 92028
/51
$349,900
- Land
- 10 Acres
- $34,990 per Acre
0 Mt Olympus Valley Rd Unit NDP2600301, Fallbrook, CA 92028

15% down land loan available. Nestled in the heart of Mt Olympus Estates, this stunning 10-acre parcel offers a rare opportunity to build your dream home or ranch in a peaceful, panoramic valley. Surrounded by majestic mountains and scenic rock outcroppings, the property enjoys sweeping views of Gomez Creek and a tranquil, natural setting. The land features flat to gently sloping terrain with a

Sergio Garcia Sunshine Properties RealEstate

0 Mt Olympus Valley Rd Unit NDP2600301, Fallbrook, CA 92028
/15
$349,000
- Land
- 2.61 Acres
- $133,717 per Acre
3770 Peony Dr Unit 20, Fallbrook, CA 92028

Exceptional, breathtaking views await from this elevated hilltop homesite in one of Fallbrook’s most desirable locations. The property includes a proposed layout illustrating the ideal placement for a custom dream home. Utilities are conveniently located nearby, making future development more accessible. This rare opportunity offers the perfect balance of privacy and tranquility while remaining

Christie Duguid Redfin Corporation

3770 Peony Dr Unit 20, Fallbrook, CA 92028
/23
$335,000
- 2 Beds
- 1 Bath
- 780 Sq Ft
868 E Alvarado St Unit 47, Fallbrook, CA 92028

SELLER IS OFFERING A $10,000 CREDIT TOWARDS BUYERS CLOSING COSTS! This charming upstairs 2-bedroom, 1-bath residence features everything you need — a fully equipped kitchen, indoor laundry, a generous walk-in closet, a private patio with scenic views, and covered parking. Nestled in The Oaks community, this property offers beautiful green spaces, a pool and spa, a community laundry room, and a

Anthony Boudreault Coldwell Banker Realty

868 E Alvarado St Unit 47, Fallbrook, CA 92028
/9
$399,000
- Land
- 0 Acre
0 Gird Rd Unit D6, Fallbrook, CA 92028

Build your dream estate in the heart of Fallbrook’s countryside! This 2.4-acre parcel on sought-after Gird Road offers a rare opportunity to create your custom home or private retreat surrounded by scenic beauty. The lot is equipped with electric to the site and city water access, making it easier to bring your vision to life. Located just minutes from Monserate Winery, the property enjoys a

Mike Chiesl Real Broker

0 Gird Rd Unit D6, Fallbrook, CA 92028

California San Diego County Fallbrook

Home Trends in Fallbrook, CA

On average, homes in Fallbrook, CA sell after 46 days on the market compared to the national average of 55 days. The median sale price for homes in Fallbrook, CA over the last 12 months is $962,500, up 5% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price

$962,500

Median Single Family Sale Price

$1,024,500

Median Townhouse Sale Price

$650,000

Median 2 Bedroom Sale Price

$481,000

Median 1 Bedroom Sale Price

$365,000

Average Price Per Sq Ft

$453

Number of Homes for Sale

108

Last 12 months Home Sales

390

Months of Supply

3.30

Median List Price

$1,049,000

Median Change From 1st List Price

Median Home Sale Price YoY Change

How to Buy a Home How to Finance a Home How to Sell a Home

Explore the array of homes and houses for sale under $400,000 in Fallbrook, where you'll find 20 options tailored for those seeking affordable real estate opportunities. Whether you're interested in spacious family homes, modern townhouses, or cozy bungalows, Fallbrook offers a diverse range of choices to match your needs and financial considerations. Take advantage of these affordably-priced properties to make your move into the real estate market in Fallbrook, CA.

Fallbrook Types of Homes for Sale

Fallbrook Homes by Price

More About Living in Fallbrook

Homes for Sale in Nearby Neighborhoods

Homes for Sale in Nearby Cities

Homes for Sale in Nearby Counties

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property.
BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, noncommercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly
prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2026 San Diego MLS.

Homes.com Licensing Information

§ 442-H New York Standard Operating Procedures

New York Fair Housing Notice

TREC: Information about brokerage services, Consumer protection notice

California DRE #01937601

Contact Homes.com Brokerage