38149 De Luz Rd Fallbrook, CA 92028
Estimated payment $20,925/month
Highlights
- Custom Home
- 31 Acre Lot
- Hiking Trails
- View of Trees or Woods
- No HOA
- Utility Sink
About This Home
Nestled in the rolling hills of Fallbrook, this exceptional property combines agricultural productivity with lifestyle and business potential. Rancho Pavo Real is a thriving avocado ranch paired with a conditionally permitted wedding and event venue, offering multiple income streams in one breathtaking location.
At the heart of the estate is a striking barn-style building, thoughtfully designed for versatility. Its stunning open-concept, two-story event space features a large commercial kitchen for catering teams, two spacious multi-stall restrooms, and two upstairs suites — all within approximately 3,000 square feet. From farm-to-table celebrations to luxe country living, the possibilities are endless: winery tasting room, corporate retreat headquarters, upscale private residence, wellness retreat, or elegant wedding venue.
Surrounded by restored natural landscapes, the ranch offers both beauty and function — ideal for those seeking an investment in agriculture with over 4,500 established avocado trees (Reed, Hass & Gem), hospitality, or a private escape. This is a rare opportunity to own a property with built-in revenue potential in one of Southern California’s most desirable rural communities. De Luz Canyon is known for its agricultural rural community, country roads, heritage oaks and sacred land. Only 1.5 hours from San Diego, Orange County and Los Angeles, close enough for convenience yet far enough for true peace. You truly feel worlds away!
Listing Agent
Compass Brokerage Phone: 949-922-9079 License #01963871 Listed on: 08/29/2025
Property Details
Home Type
- Condominium
Year Built
- Built in 2018
Lot Details
- No Common Walls
- Rural Setting
- Drip System Landscaping
- Steep Slope
- Sprinkler System
- Density is 31-35 Units/Acre
- Tear Down
Parking
- 4 Car Garage
Property Views
- Pond
- Woods
- Orchard Views
- Mountain
Home Design
- Custom Home
- Traditional Architecture
- Spanish Architecture
- Mediterranean Architecture
- Entry on the 1st floor
- Mixed Use
- Tile Roof
Interior Spaces
- 3,000 Sq Ft Home
- 2-Story Property
Kitchen
- Ice Maker
- Utility Sink
Bedrooms and Bathrooms
- 3 Bedrooms
- All Upper Level Bedrooms
Farming
- Agricultural
Utilities
- Ductless Heating Or Cooling System
- Well
- Septic Type Unknown
Listing and Financial Details
- Tax Lot 1
- Tax Tract Number 75050
- Assessor Parcel Number 1021400800
- $988 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 3 Units
- Foothills
- Mountainous Community
- Property is near a preserve or public land
Recreation
- Horse Trails
- Hiking Trails
- Bike Trail
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $12,502 | $1,136,765 | $443,309 | $693,456 |
| 2024 | $12,502 | $1,114,476 | $434,617 | $679,859 |
| 2023 | $12,526 | $1,092,625 | $426,096 | $666,529 |
| 2022 | $12,532 | $1,071,202 | $417,742 | $653,460 |
| 2021 | $12,140 | $1,050,199 | $409,551 | $640,648 |
| 2020 | $12,227 | $1,039,431 | $405,352 | $634,079 |
| 2019 | $12,003 | $1,019,051 | $397,404 | $621,647 |
| 2018 | $7,676 | $616,070 | $389,612 | $226,458 |
| 2017 | $6,458 | $503,991 | $381,973 | $122,018 |
| 2016 | $6,320 | $494,110 | $374,484 | $119,626 |
| 2015 | $6,235 | $486,689 | $368,859 | $117,830 |
| 2014 | $6,135 | $477,156 | $361,634 | $115,522 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 08/29/2025 08/29/25 | For Sale | $3,795,000 | +698.9% | $1,265 / Sq Ft | |
| 04/02/2013 04/02/13 | Sold | $475,000 | 0.0% | $317 / Sq Ft | View Prior Sale |
| 03/10/2013 03/10/13 | Pending | -- | -- | -- | |
| 02/27/2013 02/27/13 | For Sale | $475,000 | -- | $317 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $475,000 | Lawyers Title Insurance Co | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NP25183131
APN: 102-140-08
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