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Endless Possibilities in Fallbrook! This 1.15-acre lot is ready for your vision. The property features a fenced horse arena and an impressive detached garage/workshop nearly 1,400 sq. ft. with three roll-up doors—one tall enough to accommodate an RV. Utilities are ready to go with electrical available at the end of the driveway and water already set up, making this an ideal site for your next project. Whether you’re looking to create the perfect equestrian setup, store your toys, or build your dream home, this versatile property offers the space and functionality you’ve been searching for. Located in Fallbrook’s peaceful countryside, yet just minutes from town conveniences, with coastal a coastal climate and rural feel, this lot is a rare find that blends practicality with potential. If you don't want to build your own home, the lot next door is listed for sale complete with a 2 bedroom, 2 bath plus ADU and pool! MLS NDP2508923
Listing agent: Adam Nogueira DRE #01996597 adamnogueirahomes@gmail.com, Listing office: Signature Real Estate Group
MLS data updated 10/19/2026, 4:26:55 AM PT
Source: CRMLS, MLS #: NDP2508925
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Oct 20, 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
$400,000Closed sale · Oct 20, 2025ZIP 92028 · Oct 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.