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For sale
  • Listed by: Compass • Apryl Stephenson • Contact: 951-821-1102
    Price cut: $100K (6/19)
    $995,000

    3162 Reche Rd, Fallbrook, CA 92028

    3beds
    2,364sqft
    : 
    $6,501/mo
    Get pre-qualified
    Single Family Residence
    Built in 1990
    1.3 Acres Lot
    $980,000 Zestimate®
    $421/sqft
    $-- HOA

    What's special

    MAJOR PRICE IMPROVEMENT! INCREDIBLE VALUE ON 1.3 USABLE ACRES IN THE HEART OF FALLBROOK. Welcome to your beautiful Fallbrook retreat. Set on approximately 1.3 acres along desirable Reche Road, this classic two story ranch-style home offers the perfect blend of space, comfort, and peaceful country living with no HOA and low taxes, all while being conveniently close to town, schools, and the 15 freeway. With 3 bedrooms, 3 bathrooms, and approximately 2,364 square feet, the thoughtfully designed floor plan features all bedrooms upstairs, creating a private separation between the living and entertaining spaces below. Natural light fills the interior, creating a warm and inviting atmosphere throughout. The spacious family room is anchored by a stunning rock fireplace, while multiple indoor and outdoor gathering areas make the home ideal for everyday living and hosting family and friends. The private primary suite is a true retreat, complete with its own fireplace, private balcony, and spacious ensuite bath featuring a soaking tub and oversized shower. Step outside to the expansive covered wraparound patio where you can enjoy morning coffee, outdoor dining, or evenings in the jacuzzi while taking in the peaceful hillside views. The usable 1.3-acre property offers endless possibilities with mature lemon and pomegranate trees, open space for animals, gardening, recreation, or future improvements. A desirable south-facing hillside provides excellent sun exposure and offers exciting potential for a hobby vineyard or expanded agricultural use. Additional highlights include luxury plank vinyl flooring, leased solar for energy efficiency, and a functional layout that balances privacy with comfortable daily living. Located just minutes from downtown Fallbrook, Live Oak Park, local wineries, shopping, dining, and convenient freeway access, this property offers the rare opportunity to enjoy a quiet rural lifestyle without sacrificing accessibility. With its combination of acreage, privacy, views, usable land, no HOA, low taxes, and exceptional new price, this is one of Fallbrook's best opportunities to own a move in ready lifestyle property.
    97 days
    |
    1,320
    |
    89
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Apryl Stephenson DRE #02042320 951-821-1102,

    Compass,

    Jaime Weber DRE #01963871,

    Compass

    Source: CRMLS,MLS#: SW26083936MLS 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
      Rooms
      • Room types: Bedroom, Entry/Foyer, Family Room, Kitchen, Laundry, Living Room, Primary Bedroom, Other
      Primary bedroom
      • Features: Primary Suite
      Bedroom
      • Features: All Bedrooms Up
      Bathroom
      • Features: Bathtub, Closet, Dual Sinks, Granite Counters, Separate Shower, Tub Shower, Walk-In Shower
      Family room
      • Features: Separate Family Room
      Kitchen
      • Features: Granite Counters, Kitchen Island, Kitchen/Family Room Combo
      Other
      • Features: Walk-In Closet(s)
      Heating
      • Forced Air
      Cooling
      • Central Air
      Appliances
      • Included: Dishwasher, Electric Cooktop, Electric Oven, Disposal, Microwave, Refrigerator, Water Heater
      • Laundry: Inside, Laundry Room
      Features
      • Ceiling Fan(s), Granite Counters, High Ceilings, Open Floorplan, All Bedrooms Up, Primary Suite, Walk-In Closet(s)
      • Flooring: Carpet, Tile, Vinyl
      • Windows: Custom Covering(s), Screens
      • Has fireplace: Yes
      • Fireplace features: Family Room, Primary Bedroom
      • Common walls with other units/homes: No Common Walls
      Interior area
      • Total interior livable area: 2,364 sqft

      Property

      Parking
      • Total spaces: 6
      • Parking features: Door-Single, Driveway, Garage
      • Attached garage spaces: 2
      • Uncovered spaces: 4
      Accessibility
      • Accessibility features: Safe Emergency Egress from Home
      Features
      • Levels: Two
      • Stories: 2
      • Entry location: 1
      • Patio & porch: Rear Porch, Covered, Deck, Front Porch, Wrap Around
      • Exterior features: Lighting
      • Pool features: None
      • Has spa: Yes
      • Spa features: Above Ground
      • Has view: Yes
      • View description: Hills, Mountain(s)
      Lot
      • Size: 1.3 Acres
      • Features: Horse Property, Landscaped, Near Park, Yard
      Details
      • Parcel number: 1073702900
      • Special conditions: Standard,Trust
      • Horses can be raised: Yes

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Cottage
      • Property subtype: Single Family Residence
      Materials
      • Foundation: Slab
      Condition
      • Turnkey
      • New construction: No
      • Year built: 1990

      Utilities & green energy

      • Sewer: None, Septic Type Unknown
      • Water: Public
      • Utilities for property: Cable Available, Electricity Connected, Propane, Phone Available, Water Connected, Sewer Not Available

      Community & HOA

      Community
      • Features: Rural, Park
      • Security: Prewired, Smoke Detector(s)
      Location
      • Region: Fallbrook

      Financial & listing details

      • Price per square foot: $421/sqft
      • Tax assessed value: $646,485
      • Annual tax amount: $6,902
      • Date on market: 4/19/2026
      • Cumulative days on market: 97 days
      • Listing terms: Cash,Cash to New Loan,Conventional,VA Loan
      • Inclusions: Refrigerator, Jacuzzi
      • Road surface type: Paved

        Estimated market value

        $980,000

        $931,000 - $1.03M

        $4,680/mo

        Price history

        DateEventPrice
        6/19/2026Price change$995,000-9.1%$421/sqft
        Source: CRMLS #SW26083936 Report a problem
        4/19/2026Listed for sale$1,095,000+108.6%$463/sqft
        Source: CRMLS #SW26083936 Report a problem
        6/20/2013Sold$525,000-4.4%$222/sqft
        Source: Public Record Report a problem
        5/18/2013Listed for sale$549,000+29.2%$232/sqft
        Source: 1st Choice Properties, Inc. #130025306 Report a problem
        3/19/2013Sold$425,000+17.9%$180/sqft
        Source: Public Record Report a problem
        12/5/2012Listing removed$360,500$152/sqft
        Source: Coldwell Banker Residential Brokerage - Olivenhain #120012702 Report a problem
        3/9/2012Listed for sale$360,500-42.3%$152/sqft
        Source: Coldwell Banker-Olivenhain #120012702 Report a problem
        4/20/2005Sold$625,000$264/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$6,902 +2.2%$646,485 +2%
        2024$6,755 +3.3%$633,810 +2%
        2023$6,541 0%$621,384 +2%
        2022$6,542 +3.5%$609,201 +2%
        2021$6,321 -0.8%$597,257 +1%
        2020$6,369 +2.9%$591,134 +2%
        2019$6,189 +0.7%$579,544 +2%
        2018$6,146 +2%$568,182 +2%
        2017$6,024 +2.6%$557,042 +2%
        2016$5,872 +1.6%$546,120 +1.5%
        2015$5,779 +2%$537,918 +2%
        2014$5,667 $527,382 +33.5%
        2013-- $395,000 -18.6%
        2012-- $485,000
        2011-- $485,000 +17.1%
        2010-- $414,000 -28.6%
        2009-- $580,000 -12.6%
        2008-- $663,254 +2%
        2007-- $650,250 +2%
        2006-- $637,500 +75.3%
        2005-- $363,602 +2%
        2004-- $356,473 +1.9%
        2003-- $349,941 +2%
        2002-- $343,080 +2%
        2001-- $336,354
        Find assessor info on the county website

        Monthly payment

        Est. payment

        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 92028

        Getting around

        16 / 100
        Car-Dependent
        2 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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