$1,550,000
$50K PRICE DROP

5347 5th St Fallbrook, CA 92028

Estimated payment $9,235/month

Total Views 3,499
4 Beds
4 Baths
2,041 Sq Ft
$759 Price per Sq Ft

Highlights

  • Golf Course Community
  • RV Access or Parking
  • Wood Flooring
  • Above Ground Spa
  • Mountain View
  • Sun or Florida Room

About This Home

Welcome to your own private compound—nearly 3 fully usable acres of opportunity, privacy, and potential! Tucked behind secure gates with four 30-foot entrances allowing seamless pull-through access for large vehicles, this one-of-a-kind property is ideal for multi-generational living, income production, or future development. The main residence offers 3 spacious bedrooms and 2 beautifully renovated bathrooms, featuring updated plumbing, electrical, new windows, roof, fresh paint, and flooring throughout. Just steps away, the detached garage boasts a fully remodeled 1 bed, 1 bath loft apartment complete with its own laundry—perfect for guests, tenants, or extended family. But that’s just the beginning—this versatile garage also includes its own full bathroom and laundry area and can easily be converted into an additional living space or ADU. And if you're looking to expand, the property includes approved plans and permits for an impressive 80'x40' metal building structure with three 18’ roll-up doors—ideal for a workshop, warehouse, or collector’s garage. Enjoy outdoor living under a stylish covered patio with built-in seating and an above-ground spa—your private retreat to unwind or entertain. This property has also proven itself as a successful Airbnb, offering strong income potential. With room to grow, space to build, and upgrades throughout, this turnkey estate is a rare opportunity for homeowners, investors, and visionaries alike.

Listing Agent

Adam Nogueira

Signature Real Estate Group Brokerage Phone: 951-445-4200 License #01996597 Listed on: 06/26/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,977

Year Built

  • Built in 1973

Lot Details

  • 2.69 Acre Lot
  • Landscaped
  • Property is zoned R-1:SINGLE FAM-RES

Parking

  • 3 Car Garage
  • Parking Available
  • Driveway
  • Automatic Gate
  • RV Access or Parking

Property Views

  • Mountain
  • Hills

Home Design

  • Patio Home

Interior Spaces

  • 2,041 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Living Room with Fireplace
  • Sun or Florida Room

Kitchen

  • Gas Range
  • Microwave
  • Water Line To Refrigerator
  • Dishwasher
  • Tile Countertops
  • Trash Compactor

Flooring

  • Wood
  • Concrete
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage
  • Dryer
  • Washer

Outdoor Features

  • Above Ground Spa
  • Balcony
  • Exterior Lighting

Utilities

  • Cooling System Powered By Gas
  • Central Heating
  • Tankless Water Heater
  • Conventional Septic

Listing and Financial Details

  • Tax Tract Number 477
  • Assessor Parcel Number 1024303800
  • $99 per year additional tax assessments
  • Seller Considering Concessions

Community Details

Overview

  • No Home Owners Association

Recreation

  • Golf Course Community
  • Horse Trails
  • Hiking Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,977

Year Built

Built in 1973

Lot Details

0

Parking

3

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Security: Automatic Gate
  • View: Yes
  • Zoning: R-1:SINGLE FAM-RES
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 1024303800
  • Year Built: 1973
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2041.00 Square Feet
  • Interior Amenities: Balcony, Furnished
  • Stories: 1
  • Entry Location: Front
  • Common Walls: No Common Walls
  • Flooring: Concrete, Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Total Bedrooms: 4
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 759.43
  • Room Type: Kitchen, Living Room, Sun
  • Spa Features: Above Ground
  • Room Kitchen Features: Tile Counters

Exterior Features

  • View: Hills, Mountain(s)
  • Fence: No
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Driveway, Garage, RV Access/Parking
  • Total Parking Spaces: 3.00

Utilities

  • Sprinklers: No
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Range, Gas Range, Microwave, Refrigerator, Tankless Water Heater, Trash Compactor, Water Line to Refrigerator
  • Electric: Electricity - On Property
  • Heating Type: Central
  • Laundry Features: Dryer Included, Gas Dryer Hookup, In Garage, Individual Room, Washer Included
  • Sewer: Conventional Septic
  • Cooling: Gas
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Golf, Horse Trails, Storm Drains, Street Lights, Hiking

Schools

  • School District: Fallbrook Union

Lot Info

  • Land Lease: No
  • Lot Features: Landscaped, Patio Home
  • Lot Size Sq Ft: 117176.40
  • Lot Size Acres: 2.6900

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2.6900 Acres

Tax Info

  • Tax Tract Number: 000477
  • TaxOtherAnnualAssessmentAmount: 99.46

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $8,977 $871,080 $596,700 $274,380
2024 $8,977 $854,000 $585,000 $269,000
2023 $951 $89,430 $24,616 $64,814
2022 $937 $87,678 $24,134 $63,544
2021 $913 $85,960 $23,661 $62,299
2020 $916 $85,080 $23,419 $61,661
2019 $898 $83,412 $22,960 $60,452
2018 $883 $81,777 $22,510 $59,267
2017 $865 $80,174 $22,069 $58,105
2016 $844 $78,603 $21,637 $56,966
2015 $831 $77,423 $21,312 $56,111
2014 $814 $75,907 $20,895 $55,012
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/19/2025 07/19/25 Price Changed $1,550,000 -3.1% $759 / Sq Ft
06/26/2025 06/26/25 For Sale $1,600,000 +87.4% $784 / Sq Ft
08/22/2023 08/22/23 Sold $854,000 +0.6% $418 / Sq Ft
07/09/2023 07/09/23 Pending -- -- --
06/29/2023 06/29/23 Price Changed $849,000 +2.9% $416 / Sq Ft
06/28/2023 06/28/23 For Sale $825,000 -- $404 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Grant Deed $854,000 First American Title
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $512,400 New Conventional
Source: Public Records

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NDP2506310

California Regional Multiple Listing Service (CRMLS)

APN: 102-430-38