NOT LISTED FOR SALE

40550 De Luz Murrieta Rd Fallbrook, CA 92028

346 Acres
-- Price per Acre
15,071,760 Sq Ft Lot

Last Sold October 27, 2022

Last sale price $4,225,000 $4,694 Per Sq Ft

303 Days on Market

Highlights

  • Horse Property Unimproved
  • 346 Acre Lot
  • Ranch Style House
  • Panoramic View
  • Secluded Lot
  • No HOA

About This Lot

As of October 2022

Welcome to Peaceful Oaks Ranch! This sprawling 346-acre property is set within Fallbrook, a community located in north San Diego County. The estate features 10 acres of vineyards with varietals, nearly 50-60 acres of flat farmland containing 16 greenhouses, and we estimate there to be an additional 60 to 80 Acres of gentle and steep slopes that may be possible to cultivate. The assets also include 1 doublewide with 2 Beds/2 Baths and 1 singlewide for caretaker/seasonal workers, a few outbuildings including an office and barns, and plenty of irrigation ready for use. The land sits on a very productive aquifer system which produces excellent quantities of water that flows from the Well into a 10,000-gallon water holding tank and is pumped through a state-of-the-art 20hp pump out to fields that are fitted with recently installed 6,500 feet of 3-inch irrigation lines. There is plenty of land for equestrian use, stables and other livestock. Zoning allows for multiple estates to be built, along with barns and accompanying outbuildings. The property contains 2 electric meters, 3 additional 2,500-gallon holding tanks in the head houses - which are complete with underground plumbing and 3 distribution channels, and more. All structures and shipping containers convey. As an added bonus, the property hosts an approved landing strip. Zoning is A-70/RL-40 and finally, the price includes all 8 APNs/4 contiguous parcels totaling 346 acres. Make sure to view the virtual tour and come visit the ranch today!

Last Agent to Sell the Property

John La Mattery

LPT Realty, Inc. License #01374103 Listed on: 11/01/2021

LPT Realty, Inc.

Last Buyer's Agent

reine ramai

Circa Properties, Inc. License #02104359

Circa Properties, Inc.

Property Details

Property Type

  • Land

Lot Details

  • 346 Acre Lot
  • Secluded Lot
  • Lot Has A Rolling Slope
  • 101-272-06-00; 101-571-01-00; 101-272-07-00; 101-210-74-00; 101-272-08-00; 101-272-5-00; 101-271-25-00
  • Property is zoned RL-40; A70

Property Views

  • Panoramic
  • Woods
  • Vineyard
  • Mountain
  • Valley

Home Design

  • Ranch Style House

Additional Features

  • Agricultural
  • Horse Property Unimproved
  • Well

Listing and Financial Details

  • Assessor Parcel Number 1012107400

Community Details

Overview

  • No Home Owners Association
  • Foothills
  • Valley

Recreation

  • Horse Trails
  • Bike Trail

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Assessments: No
  • View: Yes
  • Zoning: RL-40; A70
  • Property Type: Land
  • Parcel Number: 1012107400
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 0.28

Exterior Features

  • View: Mountain(s), Panoramic, Trees/Woods, Valley, Vineyard
  • Fence: No

Utilities

  • Water Source: Well

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Foothills, Horse Trails, Valley, Biking

Lot Info

  • Additional Parcels: Yes
  • Additional Parcels Description: 101-272-06-00; 101-571-01-00; 101-272-07-00; 101-210-74-00; 101-272-08-00; 101-272-5-00; 101-271-25-00
  • Land Lease: No
  • Lot Features: Agricultural, Agricultural - Row/Crop, Agricultural - Tree/Orchard, Agricultural - Vine/Vineyard, Horse Property Unimproved, Lot Over 40000 Sqft, Ranch, Rolling Slope, Secluded
  • Lot Size Sq Ft: 15071760.00
  • Lot Size Acres: 346.0000

Multi Family

  • Lot Size Area: 346.0000 Acres

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/27/2022 10/27/22 Sold $4,225,000 -6.1% $4,694 / Sq Ft
08/31/2022 08/31/22 Pending -- -- --
08/22/2022 08/22/22 For Sale $4,500,000 0.0% $5,000 / Sq Ft
06/23/2022 06/23/22 Pending -- -- --
05/21/2022 05/21/22 Price Changed $4,500,000 -10.0% $5,000 / Sq Ft
02/02/2022 02/02/22 Price Changed $4,999,000 -4.8% $5,554 / Sq Ft
11/01/2021 11/01/21 For Sale $5,250,000 -- $5,833 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PTP2107605

California Regional Multiple Listing Service (CRMLS)