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!
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
Single Family Residence
Built in 1991
3.97 Acres Lot
$1,296,600 Zestimate®
$318/sqft
$-- HOA
What's special
- 55 days
- 903
- 60
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#: OC26167140
Originating 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: $1,010,000
- Date on market: 7/31/2026
- Cumulative days on market: 56 days
- Listing terms: Cash to New Loan
Estimated market value
$1,296,600
$1.23M - $1.36M
$6,688/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/31/2026 | Listed for sale | $1,325,000-7.9%$318/sqft |
Source: | ||
| 4/7/2026 | Listing removed | $1,438,000$345/sqft |
Source: eXp Realty #250045376SD Report a problem | ||
| 2/16/2026 | Price change | $1,438,000-3.4%$345/sqft |
Source: | ||
| 12/26/2025 | Price change | $1,488,000-6.3%$357/sqft |
Source: | ||
| 12/8/2025 | Listed for sale | $1,588,000+60.6%$381/sqft |
Source: | ||
| 3/8/2019 | Listing removed | $989,000$237/sqft |
Source: Sunshine Properties RealEstate #190006367 Report a problem | ||
| 2/1/2019 | Listed for sale | $989,000-1.1%$237/sqft |
Source: Sunshine Properties RealEstate #190006367 Report a problem | ||
| 12/12/2018 | Listing removed | $999,900$240/sqft |
Source: Sunshine Properties RealEstate #180045724 Report a problem | ||
| 8/16/2018 | Price change | $999,900-9%$240/sqft |
Source: Sunshine Properties RealEstate #180045724 Report a problem | ||
| 5/18/2018 | Listed for sale | $1,099,000+29.3%$263/sqft |
Source: Sunshine Properties RealEstate #180026748 Report a problem | ||
| 10/6/2017 | Sold | $850,000-10.4%$204/sqft |
Source: | ||
| 9/12/2017 | Pending sale | $949,000$227/sqft |
Source: First Team Real Estate, Tem #SW17110473 Report a problem | ||
| 7/23/2017 | Price change | $949,000-13.3%$227/sqft |
Source: First Team Real Estate #170022980 Report a problem | ||
| 6/2/2017 | Price change | $1,095,000-4.7%$262/sqft |
Source: First Team Real Estate, Tem #SW17110473 Report a problem | ||
| 5/6/2017 | Listed for sale | $1,149,000+118.9%$275/sqft |
Source: First Team Real Estate #170022980 Report a problem | ||
| 8/1/1996 | Sold | $525,000$126/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $1,010,000 +3.5% |
| 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
Est. payment




