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Build your dream home on this beautiful 4.84-acre parcel in the rolling hills of Fallbrook’s emerging wine county. Some consider this finished lot to be Fallbrook’s finest undeveloped site, and it’s ready for your vision. The water meter is already installed (a $18,000 value) & electricity to the site. The lot has been professionally surveyed by Wynn Engineering, which also prepared and engineered the grading plans, including septic, leach field & water runoff layouts, which will be included. (a cost savings of over $10,000). A John Deere Gator is included in the sale, as are some smaller tools & equipment. Also provided are multiple small home plans under 1,200 sqft and a 600 sqft (20 x 30) farm storage structure with a metal roof that are ready to be permitted (the seller has spent over $40,000 on them). Some might prefer to build a smaller dwelling to live on the property, while constructing a larger main residence. Zoned to allow for horses, image riding directly on the property onto the scenic beauty of the nearby Santa Margarita River Conservancy and close to local wineries, such as Adobe Hills and Roca Monte, this property offers a unique opportunity to create your own retreat in one of Fallbrook’s most promising lifestyle locations. Financing options are available.
Listing agent: Frank Macri DRE #00900718 frankmacrijd@gmail.com, Listing office: Professional Realty Services
MLS data updated 10/20/2026, 7:32:19 PM PT
Source: CRMLS, MLS #: NDP2509330
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Dec 3, 2025
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
$365,000Closed sale · Dec 3, 2025ZIP 92028 · Dec 2025
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.