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Enjoy sweeping panoramic views from South Fallbrook's desirable Morro Hills. Privately gated on 4.28 acres (2 APNs), this unique property includes an approved SB 9 tentative parcel map for a potential split into two approximately 2.14-acre lots. The second parcel features an approved tentative map, a 1-inch water meter, and a passed perc test. The single-story ranch home offers 3BR/2.5BA, 2,276 SF, hardwood floors, granite counters, beamed ceilings, a marble fireplace, a bonus room with a wood-burning stove, and spacious outdoor living areas. A detached structure with power, water, and AC offers potential as an ADU, artist studio, or workshop. Recent improvements totaling over $193,000 include a new standing-seam metal roof, PEX plumbing, 200-amp electrical service, a furnace, insulation, and interior/exterior paint. Mature avocado, citrus, pomegranate, and guava trees enhance the property's agricultural appeal, with room for additional orchard, equestrian, RV, or recreational use. Minutes to downtown Fallbrook, wineries, schools, and freeway access, with beaches and Oceanside Harbor just a short drive away. Rare combination of privacy, views, flexibility, and long-term potential. Buyer to verify all permits, zoning, development potential, and school assignments.
Listing agent: Martin Quiroz DRE #01346293 Martin@USAHomesAndLoans.com, Listing office: Real Brokerage Technologies
MLS data updated 10/16/2026, 9:38:23 PM PT
Source: CRMLS, MLS #: NDP2608949
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Compare recorded home prices, same-type ZIP sales and mortgage rates.
Sep 22, 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
$1,200,000Original asking price · Sep 22, 2026ZIP 92028 · Sep 2026
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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.