For sale

Listed by: Rawson & Associates • Rolf Rawson • Contact: Rolf@RawsonTeam.com

Price cut: $1K (6/11)

$2,628,000

40390 Ross Rd, Fallbrook, CA 92028

4beds

1,500sqft

$17,462/mo

Get pre-qualified

Single Family Residence

Built in 1978

80.05 Acres Lot

$2,503,300 Zestimate^®

$1,752/sqft

$-- HOA

What's special

Attached two-car garage

80 exceptional acres spread across five legal parcels, offering a rare frost-free, fully irrigated agricultural estate powered by a 150+ GPM well and a massive owned 153.6 kW solar array with 480 panels to offset pumping costs. The property includes three water meters, panoramic views in every direction, and a fully remodeled 4BR/2BA home with an attached two-car garage—ideal for personal use or a high-demand Airbnb. With 3,500± avocado trees, 1,000± Eureka lemon trees, and room to expand, this income-producing ranch is primed for long-term agricultural, residential, or investment potential.

243 days

333

14

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 2
Full bathrooms: 2
Main level bathrooms: 2
Main level bedrooms: 4

Rooms

Room types: Bedroom, Kitchen, Laundry

Bedroom

Features: Bedroom on Main Level

Bedroom

Features: All Bedrooms Down

Bathroom

Features: Bathtub, Dual Sinks, Remodeled, Tub Shower

Kitchen

Features: Kitchen/Family Room Combo

Heating

Forced Air

Cooling

Central Air

Appliances

Included: Dishwasher, Electric Oven, Electric Range
Laundry: Inside

Features

Ceiling Fan(s), Eat-in Kitchen, All Bedrooms Down, Bedroom on Main Level
Flooring: Vinyl
Windows: Casement Window(s), Double Pane Windows
Has fireplace: No
Fireplace features: None
Common walls with other units/homes: No Common Walls

Interior area

Total interior livable area: 1,500 sqft

Property

Parking

Total spaces: 6
Parking features: Direct Access, Garage, RV Access/Parking
Attached garage spaces: 2
Uncovered spaces: 4

Features

Levels: One
Stories: 1
Entry location: 1
Patio & porch: Deck, Open, Patio
Pool features: None
Spa features: None
Has view: Yes
View description: Mountain(s), Panoramic, Trees/Woods

Lot

Size: 80.05 Acres
Features: Agricultural, Lot Over 40000 Sqft, Orchard(s), Rolling Slope, Sprinkler System

Details

Additional parcels included: 1012802700,1012802800,1012802900,1012803000
Parcel number: 1012802500
Zoning: A70
Special conditions: Standard

Construction

Type & style

Home type: SingleFamily
Architectural style: Ranch
Property subtype: Single Family Residence

Materials

Foundation: Slab

Condition

Updated/Remodeled,Turnkey
New construction: No
Year built: 1978

Utilities & green energy

Sewer: Septic Tank
Water: Public, See Remarks, Well
Utilities for property: Electricity Connected, Natural Gas Not Available, Sewer Not Available, Water Connected

Community & HOA

Community

Features: Rural
Security: Security System, Closed Circuit Camera(s), Carbon Monoxide Detector(s), Security Gate, Smoke Detector(s)
Subdivision: Fallbrook

Location

Region: Fallbrook

Financial & listing details

Price per square foot: $1,752/sqft
Tax assessed value: $112,870
Annual tax amount: $2,203
Date on market: 12/11/2025
Cumulative days on market: 243 days
Listing terms: Cash to New Loan,Conventional,Submit
Road surface type: Paved

Estimated market value

$2,503,300

$2.38M - $2.63M

$3,739/mo

Price history

Date	Event	Price
6/11/2026	Price change	$2,628,0000%$1,752/sqft
Source: CRMLS #SW25274653 Report a problem
12/22/2025	Listed for sale	$2,629,000+228.6%$1,753/sqft
Source: CRMLS #SW25274653 Report a problem
9/25/2015	Sold	$800,000+3900%$533/sqft
Source: Agent Provided Report a problem
6/17/1997	Sold	$20,000-94%$13/sqft
Source: Public Record Report a problem
7/11/1996	Sold	$335,351$224/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$2,203 -49.8%	$112,870 -64.5%
2024	$4,393 -7.6%	$318,385 +3.3%
2023	$4,754 -1.1%	$308,150 +0.4%
2022	$4,807 +1.6%	$307,001 +0.8%
2021	$4,732 +1.2%	$304,456 +3.6%
2020	$4,676 +52.8%	$293,865 +3.8%
2019	$3,060 -31.5%	$283,122 +3.6%
2018	$4,466 +0.5%	$273,322 +0.5%
2017	$4,444 -4.4%	$271,861 -7.1%
2016	$4,648 -10%	$292,488 -14.1%
2015	$5,166	$340,682