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For sale
  • Listed by: Capital Team Real Estate Svc • Henry Mai • Contact: 714-653-8066
    $1,325,000

    2323 Wilt Rd, Fallbrook, CA 92028

    3beds
    4,173sqft
    : 
    $8,310/mo
    Get pre-qualified
    Single Family Residence
    Built in 1991
    3.97 Acres Lot
    $1,273,100 Zestimate®
    $318/sqft
    $-- HOA

    What's special

    TURNKEY SHORT-TERM RENTAL & INVESTOR MASTERPIECE ON 5 ACRES! Experience the ultimate blend of custom Mediterranean luxury, privacy, and proven income potential at this spectacular hilltop estate. Perched on a scenic ridgeline with panoramic, west-facing sunset and canyon views, this custom-built 4,173 SF masterpiece features 4 spacious bedrooms, 3 bathrooms, and an unbeatably flexible layout. Already successfully optimized as a high-performing short-term rental, this property represents a rare, turnkey cash-flow opportunity for savvy investors or an incredible multi-generational sanctuary for owner-occupants. Step inside to dramatic interiors showcasing soaring vaulted ceilings, beautiful exposed timber beams, a floor-to-ceiling stone fireplace, and authentic Saltillo tile that radiates timeless Spanish/Santa Barbara charm. The massive gourmet chef’s kitchen serves as the heart of the home, fully equipped with premium Thermador appliances, dual sinks, custom lighted cabinetry, and a massive center island. The layout flows effortlessly out to a resort-style pool deck and pebble-finish pool, providing an extraordinary indoor-outdoor entertainment experience against a backdrop of rolling hills. For the investor, the value here is unparalleled. A rare and major benefit includes two legal parcels spanning nearly 5 acres of terraced landscape, offering a completely blank canvas to build an additional guest house/ADU, expand your short-term rental footprint, or create a private vineyard. Complete with a 3-car garage, expansive driveway parking for up to 11 vehicles, a primary suite with its own private view balcony, and top-tier upgrades like a newer above-ground spa and comprehensive water purification system. Gated, private, and situated in the highly desirable Fallbrook area, this income-generating view estate is priced for immediate interest. Schedule your tour today and secure a truly unique asset with immense long-term upside!
    6 days
    |
    1,400
    |
    92
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Henry Mai DRE #01843054 714-653-8066,

    Capital Team Real Estate Svc

    Source: CRMLS,MLS#: OC26167140MLS LogoOriginating MLS: California Regional MLS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 3
      • Full bathrooms: 2
      • 1/2 bathrooms: 1
      • Main level bathrooms: 1
      • Main level bedrooms: 2
      Rooms
      • Room types: Bedroom, Family Room, Great Room, Laundry
      Bedroom
      • Features: All Bedrooms Up
      Cooling
      • Central Air
      Appliances
      • Laundry: Gas Dryer Hookup
      Features
      • All Bedrooms Up
      • Has fireplace: Yes
      • Fireplace features: Living Room
      • Common walls with other units/homes: No Common Walls
      Interior area
      • Total interior livable area: 4,173 sqft

      Property

      Parking
      • Total spaces: 3
      • Parking features: Garage - Attached
      • Attached garage spaces: 3
      Features
      • Levels: Two
      • Stories: 2
      • Entry location: 1
      • Has private pool: Yes
      • Pool features: Gas Heat, Pebble, Private
      • Has view: Yes
      • View description: Canyon, Meadow
      Lot
      • Size: 3.97 Acres
      • Features: Lot Over 40000 Sqft
      Details
      • Parcel number: 1071701900
      • Zoning: 1
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Condition
      • New construction: No
      • Year built: 1991

      Utilities & green energy

      • Sewer: Septic Type Unknown
      • Water: Public

      Community & HOA

      Community
      • Features: Hiking
      • Subdivision: Fallbrook
      Location
      • Region: Fallbrook

      Financial & listing details

      • Price per square foot: $318/sqft
      • Tax assessed value: $976,074
      • Annual tax amount: $10,716
      • Date on market: 7/31/2026
      • Cumulative days on market: 6 days
      • Listing terms: Cash to New Loan

        Estimated market value

        $1,273,100

        $1.21M - $1.34M

        $6,192/mo

        Price history

        DateEventPrice
        7/31/2026Listed for sale$1,325,000-7.9%$318/sqft
        Source: CRMLS #OC26167140 Report a problem
        4/7/2026Listing removed$1,438,000$345/sqft
        Source: eXp Realty #250045376SD Report a problem
        2/16/2026Price change$1,438,000-3.4%$345/sqft
        Source: SDMLS #250045376 Report a problem
        12/26/2025Price change$1,488,000-6.3%$357/sqft
        Source: SDMLS #250045376 Report a problem
        12/8/2025Listed for sale$1,588,000+60.6%$381/sqft
        Source: SDMLS #250045376 Report a problem
        3/8/2019Listing removed$989,000$237/sqft
        Source: Sunshine Properties RealEstate #190006367 Report a problem
        2/1/2019Listed for sale$989,000-1.1%$237/sqft
        Source: Sunshine Properties RealEstate #190006367 Report a problem
        12/12/2018Listing removed$999,900$240/sqft
        Source: Sunshine Properties RealEstate #180045724 Report a problem
        8/16/2018Price change$999,900-9%$240/sqft
        Source: Sunshine Properties RealEstate #180045724 Report a problem
        5/18/2018Listed for sale$1,099,000+29.3%$263/sqft
        Source: Sunshine Properties RealEstate #180026748 Report a problem
        10/6/2017Sold$850,000-10.4%$204/sqft
        Source: CRMLS #SW17110473 Report a problem
        9/12/2017Pending sale$949,000$227/sqft
        Source: First Team Real Estate, Tem #SW17110473 Report a problem
        7/23/2017Price change$949,000-13.3%$227/sqft
        Source: First Team Real Estate #170022980 Report a problem
        6/2/2017Price change$1,095,000-4.7%$262/sqft
        Source: First Team Real Estate, Tem #SW17110473 Report a problem
        5/6/2017Listed for sale$1,149,000+118.9%$275/sqft
        Source: First Team Real Estate #170022980 Report a problem
        8/1/1996Sold$525,000$126/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$10,716 +1.9%$976,074 +2%
        2024$10,519 +3.2%$956,936 +2%
        2023$10,196 0%$938,173 +2%
        2022$10,201 +3.4%$919,779 +2%
        2021$9,864 +0.8%$901,745 +1%
        2020$9,789 +18.4%$892,500 +16.7%
        2019$8,269 -0.2%$765,000 +2%
        2018$8,282 +0.6%$750,000 -0.3%
        2017$8,230 +2.5%$752,326 +2%
        2016$8,026 +1.6%$737,575 +1.5%
        2015$7,899 +1.9%$726,497 +2%
        2014$7,749 $712,267 +0.5%
        2013-- $709,049 +2%
        2012-- $695,147 +2%
        2011-- $681,517 +0.8%
        2010-- $676,425 -0.2%
        2009-- $678,033 +2%
        2008-- $664,739
        Find assessor info on the county website

        Monthly payment

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        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 92028

        Getting around

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