40635 De Luz Road, FALLBROOK, 92028

REDUCED 8% Residential - Detached For Sale

$5,750,000

3Beds
3Baths
4,927Sqft
118.31Acres
2Garages
2002Built
210DOM
MLS® #: OC20232400
ACTIVE, 210 Days on Market

This is it! A once-in-a-lifetime opportunity to own a sprawling 120-acre agricultural estate in the world's avocado capital. Owned and farmed by the original homesteading family since the late 1800s, this property has never been on the market. Home of the world's largest gourd farm, this expansive estate consists primarily of flat, cultivated acreage, offering a gorgeous ranch-style house as the primary residence, three guest or caretaker residences and multiple additional structures. The primary residence sits atop a hill overlooking the property while offering sweeping views of the surrounding scenic mountain landscape. It offers 3 bedrooms, 2.5 baths, an open-concept floor plan, a gourmet chef's kitchen, an attached two-car garage, and a storage building. The additional guest residences include the farm's original adobe house, which offers 3 beds, 2 baths, and two recently remodeled guest houses that offer new kitchens and baths, with 2 beds and 1 bath each. The business operation includes a retail store with multiple purpose-built structures to support operations. Three wells supply water and can support a host of income-producing agricultural operations. With a tilapia pond and groves of mature oak trees, this is truly a one-of-a-kind agrarian estate. There is unlimited potential for multiple revenue streams, including vacation rentals, vineyards, wedding/event venues, and corporate retreats. The possibilities are endless!

Essential Information

MLS® #: OC20232400
Price: $5,750,000
Bedrooms: 3
Bathrooms: 3.00
Full Baths: 2
Half Baths: 1
Square Footage: 4,927
Acres: 118.31
Year Built: 2002
Type: Residential
Sub-Type: Detached
Status: ACTIVE

Community Information

Address: 40635 De Luz Road
Area: FALLBROOK (92028)
City: FALLBROOK
County: San Diego
State: CA
Zip Code: 92028

Amenities

Parking: Garage
# of Garages: 2
View: Mountains/Hills, Panoramic, Valley/Canyon, Pasture, Trees/Woods, Pond
Pool: N/K

Interior

Heating: Forced Air Unit
Cooling: Central Forced Air
Fireplace: Yes
Fireplaces: FP in Living Room, FP in Master BR
# of Stories: 1

Exterior

Lot Description: Landscaped

Additional Information

Date Listed: November 3rd, 2020
Days on Market: 210
Zoning: R1

Listing Details

Listing Office: Compass

Financials

$/SqFt: $1,167

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Listing information last updated on June 18th, 2021 at 10:53am PDT.