NOT LISTED FOR SALE

40635 De Luz Rd Fallbrook, CA 92028

118 Acres
-- Price per Acre
5,153,584 Sq Ft Lot

Last Sold January 11, 2024

Last sale price $3,944,000 $800 Per Sq Ft

Highlights

  • Horse Property
  • Home fronts a pond
  • 118.31 Acre Lot
  • Horse Property Unimproved
  • Panoramic View
  • Ranch Style House

About This Lot

As of January 2024

118 Acre Organic Farm less than 20 miles west of Temecula Wine Country and 6 miles northwest of the avocado capital of the world, Fallbrook, lies this lush, sprawling 118-acre agrarian estate. As the world’s largest supplier of gourds, this agricultural estate has been in continuous operation for more than 40 years and organically farmed for more than 20. Surrounded by scenic mountainous terrain, this expansive private estate consists primarily of flat, cultivated acreage with four houses positioned upon the property, the main house, and three fully operational Airbnb rental properties. The main house is a gorgeous 3 bed, 2.5 bath, modern ranch-style home which sits atop a hill away from the rental houses. Central to the property and tucked away beneath a canopy of majestic oak trees lies Cottage “A” which consists of 3 beds, 2 baths, and Cottage “B” which consists of 2 beds, 1 bath. A short stroll away is Cottage “C” with 1 bed, 1 bath. Additional features of the property include a 40-tree private orchard which consists of more than a dozen fruit varieties, hundreds of oak trees, three wells as the primary water source, and nine additional buildings that include the gourd retail store, staff offices, classrooms, video production room, shipping facility, and multiple storage and warehousing facilities. Square footage, bedroom and bath count listed in MLS is combined for the four residences. Main residence is approximately 2670 Sq Ft, Residence 2 (The Ranch House) is approximately 1753 Sq Ft, Residence 3 (2 Bed Cottage) is approximately 864 Sq Ft and Residence 4 (1 Bed Cottage) is approximately 480 Sq Ft.

Last Agent to Sell the Property

Lauren Cooper

Compass License #02012510 Listed on: 01/11/2024

Compass

Co-Listed By

Ryan Cooper

Compass License #02053469

Last Buyer's Agent

Jaime Weber

Compass License #01963871

Compass

Property Details

Property Type

  • Land

Year Built

  • 2002

Lot Details

  • 118.31 Acre Lot
  • Home fronts a pond
  • Property fronts a private road
  • Rural Setting
  • Landscaped
  • Gentle Sloping Lot
  • Lawn
  • Garden
  • Back and Front Yard
  • Density is over 40 Units/Acre
  • 101-240-12-00, 101-271-18-00
  • Value in Land
  • Property is zoned R1

Property Views

  • Pond
  • Panoramic
  • Woods
  • Canyon
  • Pasture
  • Mountain
  • Hills

Home Design

  • Ranch Style House

Farming

  • Agricultural
  • Pasture

Horse Facilities and Amenities

  • Horse Property Unimproved

Utilities

  • Private Water Source
  • Agricultural Well Water Source
  • Well
  • Septic Type Unknown
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 29
  • Tax Tract Number 30
  • Assessor Parcel Number 1012712900
  • $33 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • Fallbrook Subdivision
  • Mountainous Community

Recreation

  • Hiking Trails
  • Horse Property

Property Details

Property Type

Land

Year Built

2002

Lot Details

0

Listing Details

  • Current Use Comments: The property is currently home to the world's l...
  • Possible Use Comments: Unlimited possibilities. Property is mostly flat, cleared land.
  • Road Frontage Type: Private Road
  • Road Surface Type: Unpaved
  • Subdivision Name Other: Fallbrook
  • View: Yes
  • Zoning: R1
  • Property Type: Land
  • Parcel Number: 1012712900
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built: 2002

Interior Features

  • Price Per Square Foot: 0.77

Exterior Features

  • View: Canyon, Hills, Mountain(s), Panoramic, Pasture, Pond, Trees/Woods

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
  • Sewer: Septic Type Unknown
  • Water Source: Agricultural Well, Private, Well

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Hiking, Mountainous, Rural

Lot Info

  • Additional Parcels: No
  • Additional Parcels Description: 101-240-12-00, 101-271-18-00
  • Land Lease: No
  • Lot Features: Agricultural, Agricultural - Other, Agricultural - Row/Crop, Agricultural - Tree/Orchard, Agricultural - Vine/Vineyard, Back Yard, Front Yard, Garden, Gentle Sloping, Horse Property, Horse Property Unimproved, Landscaped, Lawn, Lot Over 40000 Sqft, Over 40 Units/Acre, Pasture, Ranch, Value In Land
  • Lot Size Sq Ft: 5153583.60
  • Lot Size Acres: 118.3100

Multi Family

  • Lot Size Area: 118.3100 Acres
  • Waterfront Features: Pond

Tax Info

  • Tax Census Tract: 190.01
  • Tax Lot: 29
  • Tax Tract Number: 30-8-4
  • TaxOtherAnnualAssessmentAmount: 33.00

Range of Values:

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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 Change Sq Ft Price
01/11/2024 01/11/24 Sold $3,944,000 0.0% $800 / Sq Ft
01/11/2024 01/11/24 Sold $3,944,000 0.0% $684 / Sq Ft
01/11/2024 01/11/24 Pending -- -- --
01/11/2024 01/11/24 For Sale $3,944,000 -2.6% $800 / Sq Ft
11/06/2023 11/06/23 Pending -- -- --
09/01/2023 09/01/23 Price Changed $4,050,000 -1.2% $702 / Sq Ft
06/02/2023 06/02/23 For Sale $4,100,000 -- $711 / 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: OC24006778

California Regional Multiple Listing Service (CRMLS)

APN: 101-271-29-00