Nestled in the rolling hills of Fallbrook, this exceptional property combines agricultural productivity with lifestyle and business potential. Rancho Pavo Real is a thriving avocado ranch paired with a conditionally permitted wedding and event venue, offering multiple income streams in one breathtaking location.
At the heart of the estate is a striking barn-style building, thoughtfully designed for versatility. Its stunning open-concept, two-story event space features a large commercial kitchen for catering teams, two spacious multi-stall restrooms, and two upstairs suites — all within approximately 3,000 square feet. From farm-to-table celebrations to luxe country living, the possibilities are endless: winery tasting room, corporate retreat headquarters, upscale private residence, wellness retreat, or elegant wedding venue.
Surrounded by restored natural landscapes, the ranch offers both beauty and function — ideal for those seeking an investment in agriculture with over 4,500 established avocado trees (Reed, Hass & Gem), hospitality, or a private escape. This is a rare opportunity to own a property with built-in revenue potential in one of Southern California’s most desirable rural communities. De Luz Canyon is known for its agricultural rural community, country roads, heritage oaks and sacred land. Only 1.5 hours from San Diego, Orange County and Los Angeles, close enough for convenience yet far enough for true peace. You truly feel worlds away!
For sale
Listing Provided by:
Jaime Weber DRE #01963871 949-922-9079,
Compass,
Apryl Stephenson DRE #02042320 951-821-1102,
Compass
$3,795,000
38149 De Luz Rd, Fallbrook, CA 92028
3beds
3,000sqft
Est.:
Mixed Use
Built in 2018
31 Acres Lot
$3,627,800 Zestimate®
$1,265/sqft
$-- HOA
What's special
- 143 days |
- 1,027 |
- 49 |
Zillow last checked: 8 hours ago
Listing updated: August 29, 2025 at 08:18am
Listing Provided by:
Jaime Weber DRE #01963871 949-922-9079,
Compass,
Apryl Stephenson DRE #02042320 951-821-1102,
Compass
Source: CRMLS,MLS#: NP25183131
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSTour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 4
- Full bathrooms: 2
- 1/2 bathrooms: 2
- Main level bathrooms: 2
Rooms
- Room types: Bedroom
Bedroom
- Features: All Bedrooms Up
Kitchen
- Features: Utility Sink
Cooling
- Ductless
Appliances
- Included: Ice Maker, Refrigerator
- Laundry: None
Features
- All Bedrooms Up
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: No Common Walls
Interior area
- Total interior livable area: 3,000 sqft
Video & virtual tour
Property
Parking
- Total spaces: 4
- Parking features: Garage
- Garage spaces: 4
Features
- Levels: Two,One
- Stories: 1
- Entry location: 1
- Pool features: None
- Has view: Yes
- View description: Mountain(s), Orchard, Pond, Trees/Woods
- Has water view: Yes
- Water view: Pond
Lot
- Size: 31 Acres
- Features: 31-35 Units/Acre, Agricultural, Drip Irrigation/Bubblers, Gentle Sloping, Lot Over 40000 Sqft, Landscaped, Orchard(s), Ranch, Steep Slope, Sprinkler System, Tear Down
Details
- Parcel number: 1021400800
- Special conditions: Standard
- Horse amenities: Riding Trail
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Custom,Mediterranean,Ranch,Spanish,Traditional
- Property subtype: Mixed Use
Materials
- Roof: Tile
Condition
- New construction: No
- Year built: 2018
Utilities & green energy
- Sewer: Septic Type Unknown
- Water: Well
Community & HOA
Community
- Features: Biking, Foothills, Hiking, Horse Trails, Mountainous, Preserve/Public Land, Rural
Location
- Region: Fallbrook
Financial & listing details
- Price per square foot: $1,265/sqft
- Tax assessed value: $1,136,765
- Annual tax amount: $12,791
- Date on market: 8/29/2025
- Listing terms: Cash,Cash to New Loan,Conventional,1031 Exchange
Estimated market value
$3,627,800
$3.45M - $3.81M
$5,380/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 8/29/2025 | Listed for sale | $3,795,000+698.9%$1,265/sqft |
Source:  CRMLS #NP25183131 Report a problem | ||
| 4/2/2013 | Sold | $475,000$158/sqft |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $12,791 +2.3% | $1,136,765 +2% |
| 2024 | $12,502 -0.2% | $1,114,476 +2% |
| 2023 | $12,526 0% | $1,092,625 +2% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$23,771/mo
Principal & interest
$18743
Property taxes
$3700
Home insurance
$1328
Climate risks
Neighborhood: 92028
Nearby schools
GreatSchools rating
- 7/10William H. Frazier Elementary SchoolGrades: K-6Distance: 3.8 mi
- 4/10James E. Potter Intermediate SchoolGrades: 7-8Distance: 4.7 mi
- 6/10Fallbrook High SchoolGrades: 9-12Distance: 5 mi
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