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Well located in desirable Morro Hills in Fallbrook, this stunning 3.47 acre lot is ready for you to build your dream home. Massive views eastward overlooking South Fallbrook, the San Luis Rey River Valley, Bonsall, and beyond. The property is gently sloped with several mostly flat potential building sites for a home, guest house, pool, and additional structures. A very usable parcel. Existing driveway and pad are already in place. Fully fenced. Irrigation already in-place with a 1" water meter (Rainbow Municipal Water District). The property had been perc tested and previously approved by the San Diego County Department of Public Health for a septic system based on the then anticipated home design plans. The pad was graded under the supervision of a licensed civil engineer. Many extremely valuable mature, large landscape trees have already been planted strategically along the driveway leading to the homesite and around the perimeter of the property. Native live oak trees are onsite. The parcel also contains a variety of family fruit trees. An idyllic setting. Just minutes to Oceanside, Bonsall, Fallbrook and the beach. Major shopping and services nearby with easy access to Highway 76, I-5 and I-15 for quick commutes into San Diego, Orange County and LA. A must see property for the discriminating buyer.
Listing agent: Marla Cruickshank DRE #01887567 marla@upcountri.com, Listing office: UpCountri Homes & Estates
MLS data updated 10/19/2026, 6:14:14 PM PT
Source: CRMLS, MLS #: SW18051138
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Oct 12, 2018
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
No recordNo property-price record in this range.ZIP 92028 · Oct 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.