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Sold for $1,200,000 on 12/19/25
  • Listing Provided by: 

    Heidi Cabrera DRE #01922627 760-282-6599,

    Balboa Real Estate, Inc.,

    Billy Long DRE #01982858 760-454-7788,

    Balboa Real Estate, Inc

    Bought with: Elevate Real Estate Agency
    $1,200,000

    38064 De Luz Rd, Fallbrook, CA 92028

    3beds
    2,475sqft
    Single Family Residence
    Built in 1994
    3.75 Acres Lot
    $1,198,300 Zestimate®
    $485/sqft
    $4,563 Estimated rent

    Home value

    $1,198,300

    $1.14M - $1.26M

    $4,563/mo

    Zestimate® history
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    $7,291/mo

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    What's special

    Freedom found! A true equestrian retreat in De Luz—just minutes from downtown Fallbrook. This inviting property offers 3.75 fully-fenced, usable acres with space to ride, roam, and unwind. This 3-bedroom 3-bathroom 2,475 sq ft home is filled with natural light and sits on open land designed for country living. Tastefully updated with fresh luxury plank vinyl flooring throughout, sparkling renovated kitchen, new light fixtures, and custom built-ins this is a turn-key dream. Equestrian amenities include a barn, two horse paddocks, and room for additional turnouts or an arena. There’s also ample space for RV parking, a pool, or an ADU—whatever your country lifestyle calls for. The property backs up to Camp Pendleton, ensuring forever views of rolling hills and golden sunsets with no rear neighbors. Energy needs are covered with a powerful, fully owned solar system—plus an EV charger is already in place. A protected 100-year-old oak tree stands tall on the land, offering shade, beauty, and a perfect spot for peaceful moments or childhood adventures. This rare opportunity combines horse-friendly land, rural charm, and unbeatable convenience—just a short drive from all the shops, dining, and community events of downtown Fallbrook.

    Zillow last checked: 8 hours ago

    Listing updated: December 23, 2025 at 02:21am

    Listing Provided by:

    Heidi Cabrera DRE #01922627 760-282-6599,

    Balboa Real Estate, Inc.,

    Billy Long DRE #01982858 760-454-7788,

    Balboa Real Estate, Inc

    Bought with:

    Lindsey Eidsvold, DRE #02045169

    Elevate Real Estate Agency

    Source: CRMLS,MLS#: PT25125038MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 3
    • Main level bathrooms: 3
    • Main level bedrooms: 3
    Bedroom
    • Features: All Bedrooms Down
    Kitchen
    • Features: Kitchen Island
    Heating
    • Central, Fireplace(s)
    Cooling
    • Central Air
    Appliances
    • Laundry: Laundry Room
    Features
    • All Bedrooms Down
    • Flooring: Vinyl
    • Has fireplace: Yes
    • Fireplace features: Family Room
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total interior livable area: 2,475 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage - Attached
    • Attached garage spaces: 2
    Features
    • Levels: One
    • Stories: 1
    • Entry location: 1
    • Pool features: None
    • Fencing: Chain Link
    • Has view: Yes
    • View description: Hills, Mountain(s), Orchard, Trees/Woods
    Lot
    • Size: 3.75 Acres
    • Features: Gentle Sloping, Horse Property, Ranch
    Details
    • Parcel number: 1021504100
    • Special conditions: Standard
    • Horses can be raised: Yes
    • Horse amenities: Riding Trail

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Roof: Concrete
    Condition
    • New construction: No
    • Year built: 1994

    Utilities & green energy

    • Electric: Photovoltaics Seller Owned
    • Sewer: Septic Tank
    • Water: Public
    • Utilities for property: Propane

    Community & neighborhood

    Community
    • Community features: Horse Trails, Military Land, Rural
    Location
    • Region: Fallbrook
    • Subdivision: Fallbrook

    Other

    Other facts
    • Listing terms: Cash,Cash to New Loan,Conventional,VA Loan
    • Road surface type: Paved

    Price history

    DateEventPrice
    12/19/2025Sold$1,200,000-3.9%$485/sqft
    Source: CRMLS #PT25125038
    12/3/2025Pending sale$1,249,000$505/sqft
    Source: CRMLS #PT25125038
    7/23/2025Listing removed$1,249,000$505/sqft
    Source: SDMLS #PT25125038
    6/23/2025Price change$1,249,000+31.6%$505/sqft
    Source: SDMLS #PT25125038
    12/8/2022Pending sale$949,000$383/sqft
    Source: CRMLS #SW22125347

    Public tax history

    YearProperty taxesTax assessment
    2025$10,605 +2.4%$987,338 +2%
    2024$10,355 +2.8%$967,979 +2%
    2023$10,077 +36%$949,000 +39.1%

    Find assessor info on the county website

    Neighborhood: 92028

    Nearby schools

    GreatSchools rating
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    Estimated market value

    $1,198,300

    Get a cash offer in 3 minutes

    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.

    Estimated market value

    $1,198,300