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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!
Listing agent: Angel Lopez DRE #01847165 Angel@TheLopezGroupsd.com, Listing office: Swell Property
MLS data updated 10/20/2026, 9:14:58 AM PT
Source: CRMLS, MLS #: NDP2408621
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Nov 15, 2024
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
$1,375,000Closed sale · Nov 15, 2024ZIP 92028 · Nov 2024
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.