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Rare opportunity to own 14 acres across two legal parcels in the rolling hills of Fallbrook, offering endless possibilities for multigenerational living, investment, or future development. Set atop a scenic hillside with breathtaking panoramic sunrise, sunset, mountain, and city light views, this custom Spanish Hacienda combines timeless character with exceptional flexibility. The main residence features classic Spanish architecture with beautiful tile flooring, granite countertops, Cherry Alder cabinetry, and a spacious central courtyard designed for entertaining or enjoying Fallbrook's peaceful surroundings. The detached garage was engineered to support a future second-story addition, while the owned solar system helps offset energy costs. Beyond the main home, the property includes a finished ADU, an additional unfinished ADU ready for your vision, a large 20' x 30' storage building, and productive agricultural acreage with mature avocado trees. A farmer currently maintains the grove and may continue with the property, providing a seamless transition for the next owner. The property is grandfathered to allow an additional residence, creating even more opportunity for expanded living, rental income, or future estate planning. Whether you're looking to create a private family compound, explore development potential, or simply enjoy over 14 acres of privacy and incredible views, this one-of-a-kind Fallbrook estate offers an opportunity that's increasingly hard to find.
Listing agent: Selene Hanna DRE #02047923 selene@altfn.com, Listing office: Alt Financial Network Inc
MLS data updated 10/17/2026, 12:21:57 AM PT
Source: CRMLS, MLS #: NP26149044
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Jul 7, 2026
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
$2,940,000Original asking price · Jul 7, 2026ZIP 92028 · Jul 2026
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.No recorded sales in this range. Select All available for older records; missing records do not mean the home never sold.
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.