
5347 5th St Fallbrook, CA 92028
Estimated payment $9,235/month
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
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
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 | $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 |
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 |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Grant Deed | $854,000 | First American Title | |
Interfamily Deed Transfer | -- | -- | |
Interfamily Deed Transfer | -- | -- |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $512,400 | New Conventional |
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