NOT LISTED FOR SALE

4960 Sleeping Indian Rd Fallbrook, CA 92028

Estimated Value: $1,445,000 - $1,756,721

4 Beds
4 Baths
3,912 Sq Ft
$398/Sq Ft Est. Value

Last Sold September 11, 2024

Last sale price $1,450,000 $371 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $9,487/month

107 Days on Market

Highlights

  • In Ground Pool
  • 5.5 Acre Lot
  • Laundry Room
  • Panoramic View
  • No HOA
  • Central Air

About This Home

As of September 2024

SPECTACULAR PANORAMIC VIEWS from this private estate in the highly desirable area of
Morro Hills! This custom built, single level, 3,183 sq ft main home features leased solar, a guest house,
swimming pool and spa. Nestled on 5.5 acres, this amazing property features a long private
driveway through a mature lime grove. Pick avocados, persimmons, and multiple other citrus
fruit.
This home features 3 bed, 2 1⁄2 baths, a game room/office space, and two separate living spaces.
Beautifully remodeled kitchen is complete with a large island, solid cabinets with tons of storage, quartz
counters, and stainless-steel appliances. The kitchen has a large breakfast nook and opens into
a grand dining area featuring large custom built-in buffet w/ hutch. A wonderful space for
entertaining. The kitchen, dining, and hallway all have beautiful travertine flooring.
Located just off the entryway is a large game room which includes a pool table and corner
banquette w/ table. With its built in desk and bookshelves, this would make a grand office space
as well. The sunken family room features a wood burning fireplace, plus a hidden wet bar w/
fridge. A second living space adds flexibility of use. Large sliding glass doors and many large
windows throughout the home showcase views and provide abundant natural light.
The primary bedroom is a large retreat with dual closets, a picture window framing the valley
views, and sliding glass door leading to the back patio and spa. Jack and Jill guest bedrooms
are located off a hallway, feature large closets, and share a bath with dual sinks.
The 727 sq. ft. detached guest house is located above the oversized 4 car tandem garage.
Includes 1 bed/1 bath, kitchenette, Murphy bed in the living area, hardwood floors, fireplace,
vaulted ceilings, and private covered balcony, with amazing views of the entire valley!
The massive garage features a workbench area, 2 storage rooms, a half bath, parking for 4
vehicles, plus a ton of cabinets and storage space. A covered parking area behind the garage
works great for small RV/UTV/boat storage. Plenty of guest parking on driveway. Additional
parking pad for vehicles or an RV is located just below the home and pool area.
This property will provide you with endless possibilities to suit your lifestyle, from equestrian to
vineyard/winery, and everything in between. Come fulfill your dreams of country living and call
this incredible estate home!

Last Agent to Sell the Property

Paul Neeb

BOLD Realty Group Brokerage Phone: 760-223-5900 License #01835845 Listed on: 04/24/2024

Last Buyer's Agent

Olechka Ermolin

MLSListings, Inc. License #81233259

MLSListings, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,716

Year Built

  • Built in 1985

Lot Details

  • 5.5 Acre Lot
  • Rural Setting
  • Density is 2-5 Units/Acre
  • Property is zoned A70

Parking

  • 3 Car Garage

Property Views

  • Panoramic
  • Orchard Views
  • Mountain
  • Hills

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 3,912 Sq Ft Home
  • 1-Story Property
  • Family Room with Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms
  • 4 Full Bathrooms

Pool

  • In Ground Pool

Utilities

  • Central Air
  • Septic Type Unknown

Community Details

  • No Home Owners Association
  • Fallbrook Subdivision

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 1
  • Assessor Parcel Number 1211221900
  • $188 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,716

Year Built

Built in 1985

Lot Details

0

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Inclusions: Pool Table
  • Property Attached: No
  • Subdivision Name Other: Fallbrook
  • View: Yes
  • Zoning: A70
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 1211221900
  • Year Built: 1985
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3912.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Entry Level: 1
  • Fireplace Features: Family Room
  • Levels: One
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 370.65
  • Room Type: All Bedrooms Down, Main Floor Primary Bedroom

Exterior Features

  • View: Hills, Mountain(s), Orchard, Panoramic
  • Pool Features: Private, In Ground
  • Pool Private: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Septic Type Unknown
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Rural

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 239580.00
  • Lot Size Acres: 5.5000

Multi Family

  • Lease Considered: No
  • Lot Size Area: 239580.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 186.19
  • Tax Lot: 1
  • Tax Tract Number: 1
  • TaxOtherAnnualAssessmentAmount: 188.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2024
Closed on
Aug 16, 2024
Sold by
Gaspar Q Tip Trust and Gaspar Thomas H
Bought by
Johnson Donald L and Johnson Sandra L
Seller's Agent
Paul Neeb
BOLD Realty Group
Buyer's Agent
Olechka Ermolin
MLSListings, Inc.
List Price
$1,595,000
Sold Price
$1,450,000
Premium/Discount to List
-$145,000
-9.09%
Views
349
Current Estimated Value
$1,558,180

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$108,180
Avg. Annual Appreciation
7.02%
Original Mortgage
$1,450,000
Outstanding Balance
$1,433,147
Interest Rate
6.73%
Mortgage Type
VA
Estimated Equity
$125,033

Purchase Details

Closed on
Aug 9, 2006
Sold by
Gehrke Georg and Gehrke Irmgard
Bought by
Gaspar Thomas H and Gaspar Ann G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$832,000
Interest Rate
6.75%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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

Purchase History

Date Buyer Sale Price Title Company
Johnson Donald L $1,450,000 Fidelity National Title
Gaspar Thomas H $1,040,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson Donald L $1,450,000
Previous Owner Gaspar Thomas H $832,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/11/2024 09/11/24 Sold $1,450,000 -3.3% $371 / Sq Ft
08/09/2024 08/09/24 Pending -- -- --
07/26/2024 07/26/24 Price Changed $1,500,000 -3.2% $383 / Sq Ft
06/20/2024 06/20/24 Price Changed $1,550,000 -2.8% $396 / Sq Ft
04/24/2024 04/24/24 For Sale $1,595,000 -- $408 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

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 $14,716 $1,450,000 $850,000 $600,000
2024 $14,716 $1,365,967 $656,715 $709,252
2023 $14,256 $1,339,185 $643,839 $695,346
2022 $14,262 $1,312,927 $631,215 $681,712
2021 $10,733 $1,000,000 $476,000 $524,000
2020 $10,168 $930,000 $443,000 $487,000
2019 $10,165 $930,000 $443,000 $487,000
2018 $10,210 $930,000 $443,000 $487,000
2017 $750 $910,000 $434,000 $476,000
2016 $8,858 $810,000 $387,000 $423,000
2015 $8,310 $760,000 $364,000 $396,000
2014 $7,558 $690,000 $331,000 $359,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW24081467

California Regional Multiple Listing Service (CRMLS)

APN: 121-122-19