NOT LISTED FOR SALE

641 Ridge Way Fallbrook, CA 92028

7 Beds
4 Baths
2,934 Sq Ft
2.46 Acres

Last Sold November 15, 2024

Last sale price $1,375,000 $469 Per Sq Ft

20 Days on Market

Highlights

  • Horse Property
  • Primary Bedroom Suite
  • 2.46 Acre Lot
  • Horse Property Unimproved
  • Panoramic View
  • Fireplace in Primary Bedroom

About This Home

As of November 2024

Welcome to 641 Ridge Way, a rare and exceptional multi-generational property in the heart of Fallbrook with a DETACHED GUEST HOUSE & VIEWS! Perched up on Ridge this property has PANORAMIC EAST, SOUTH, & WEST FACING VIEWS yet still offers USABLE LAND!! Spanning approximately 2.5 acres, this unique estate offers three separate living spaces, providing endless possibilities for extended family living, rental income, or guest accommodations. Lovingly maintained and on the market for the first time in over 28 years, this property is a true gem. The main house is spacious and inviting, perfect for family gatherings and everyday living. The guest house offers ideal accommodations for visitors, extended family, or potential rental income. Additionally, a granny flat located beneath the main house provides privacy and convenience for its occupants. Enjoy stunning east and west-facing views that provide breathtaking sunrises and sunsets every day. Equestrian enthusiasts will appreciate the old horse area, a flat and usable space previously used for horses that also include some old stalls. The property features multiple gates and fenced areas, ensuring ease of movement and privacy with multiple access points. The outdoor space is a delight with numerous fruit trees scattered throughout the property, offering the joy of fresh, homegrown produce. With approx 2.5 acres of scenic land, there is ample space for gardening, outdoor activities, and enjoying the serene Fallbrook environment. Don't miss this extraordinary opportunity to own a versatile and expansive property that caters to diverse needs and lifestyles. Schedule your private tour today and discover all that 641 Ridge Way has to offer!

Last Agent to Sell the Property

Angel Lopez

Swell Property Brokerage Email: Angel@TheLopezGroupsd.com License #01847165 Listed on: 09/26/2024

Last Buyer's Agent

Steve Hemingway

Steve A. Hemingway License #00971286

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1965

Lot Details

  • 2.46 Acre Lot
  • Rural Setting
  • Level Lot
  • Property is zoned R-1:SINGLE FAM-RES

Parking

  • 3 Car Attached Garage
  • 10 Open Parking Spaces

Property Views

  • Panoramic
  • Mountain
  • Hills

Home Design

  • Entry on the 2nd floor

Interior Spaces

  • 2,934 Sq Ft Home
  • 2-Story Property
  • Family Room with Fireplace
  • Great Room
  • Home Office
  • Bonus Room
  • Basement

Bedrooms and Bathrooms

  • 7 Bedrooms | 3 Main Level Bedrooms
  • Primary Bedroom on Main
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Converted Bedroom
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Horse Facilities and Amenities

  • Horse Property Unimproved
  • Horse Property Improved

Utilities

  • Central Air
  • No Heating
  • Conventional Septic

Additional Features

  • Horse Property
  • Agricultural

Community Details

  • No Home Owners Association
  • Mountainous Community

Listing and Financial Details

  • Assessor Parcel Number 1052208700

Home Details

Home Type

Single Family

Year Built

Built in 1965

Lot Details

0

Parking

3

Listing Details

  • Assessments: No
  • Property Attached: No
  • View: Yes
  • Zoning: R-1:SINGLE FAM-RES
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 1052208700
  • Year Built: 1965
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2934.00 Square Feet
  • Stories: 2
  • Common Walls: No Common Walls
  • Appliances: No
  • Full Bathrooms: 4
  • Total Bedrooms: 7
  • Entry Level: 2
  • Fireplace Features: Family Room, Primary Bedroom
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 468.64
  • Room Type: Basement, Bonus Room, Converted Bedroom, Great Room, Kitchen, Laundry, Main Floor Bedroom, Main Floor Primary Bedroom, Primary Suite, Office

Exterior Features

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

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: No
  • Total Parking Spaces: 13.00
  • Uncovered Spaces: 10.00

Utilities

  • Sprinklers: No
  • Heating: No
  • Laundry: Yes
  • Laundry Features: In Closet, In Garage, Individual Room
  • Sewer: Conventional Septic
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Features: Agricultural - Tree/Orchard, Sloped Down, Gentle Sloping, Horse Property, Horse Property Improved, Horse Property Unimproved, Level
  • Lot Size Sq Ft: 107157.60
  • Lot Size Acres: 2.4600

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2.4600 Acres

Tax Info

  • Tax Tract Number: PM1647

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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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
11/15/2024 11/15/24 Sold $1,375,000 -1.8% $469 / Sq Ft
10/16/2024 10/16/24 Pending -- -- --
09/26/2024 09/26/24 For Sale $1,399,900 -- $477 / 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 $4,752 $1,375,000 $800,000 $575,000
2024 $4,752 $444,782 $133,434 $311,348
2023 $4,623 $436,062 $130,818 $305,244
2022 $4,624 $427,512 $128,253 $299,259
2021 $4,478 $419,131 $125,739 $293,392
2020 $4,519 $414,834 $124,450 $290,384
2019 $4,435 $406,701 $122,010 $284,691
2018 $4,368 $398,727 $119,618 $279,109
2017 $750 $390,910 $117,273 $273,637
2016 $4,175 $383,246 $114,974 $268,272
2015 $4,095 $377,490 $113,247 $264,243
2014 -- $370,096 $111,029 $259,067
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NDP2408621

California Regional Multiple Listing Service (CRMLS)

APN: 105-220-87-00