Sold for $3,944,000 on 01/11/24
Listing Provided by:
Lauren Cooper DRE #02012510 949-201-8596,
Compass,
Ryan Cooper DRE #02053469 949-201-7064,
Compass
Bought with: Compass
$3,944,000
40635 De Luz Rd, Fallbrook, CA 92028
9beds
5,767sqft
Single Family Residence
Built in 2002
118.31 Acres Lot
$3,758,600 Zestimate®
$684/sqft
$6,623 Estimated rent
Home value
$3,758,600
$3.04M - $4.66M
$6,623/mo
Zestimate® history
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What's special
Incredible multi-family farm/homestead opportunity! The property is over 118 acres, including mostly flat or gently sloping land, and has 4 houses and 9 additional buildings and structures. With ideal climate and growing conditions almost year-round, this historic organic farm is a dream come true for those wanting to set up a multi-generational farm or anyone who wants a large, private estate with over 2 miles of trails, fruit orchards, and more. The 4 residences include a large “main house” and 3 additional homes, all 3 of which are currently operating as upscale AirBnB rentals. The main house is a gorgeous three-bedroom, two-and-a-half-bath, modern ranch-style home that sits atop a hill away from the rental houses. Central to the property and tucked away beneath a canopy of majestic oak trees lies Cottage “A, ” which consists of three beds and two baths, and Cottage “B, ” which consists of two beds and one bath. A short stroll away is Cottage “C” with one bed and one bath. The property is currently home to Welburn Gourd Farm, an organic, family-owned farm that established its reputation over 20 years ago as the world’s largest gourd supplier, known for its extremely high-quality product and organic growing practices. There are nine additional buildings on the property that include the gourd retail store, staff offices, classrooms, video production, shipping facility, and multiple storage and warehousing facilities. Square footage, bedroom and bath count listed in MLS is combined for the four residences. If you dream of raising your own livestock, growing your own food, and perhaps even having a milk cow, this is the property for you. It is zoned A-70, which allows the owner to have unlimited number of livestock and the ability to keep almost every type of farm animal. There is a also a large pond on the property currently stocked with tilapia and bass. Enjoy your own source of primal water with 3 wells, 2 of which are currently in operation; 1 that only needs an upgraded pump and electrical panel. The property has over 40 mature fruit trees, including multiple varieties of tangerines, oranges, grapefruit, lemons, citron, pomelo, lime, as well as figs, apricot, apples, cherry, persimmon, pomegranate, mulberry and more. There are also many hundreds of native Oak trees and native plants, and past classes on medicinal plants and wild food foraging have sold out. Schedule your tour of this incredible property today!!!
Zillow last checked: 8 hours ago
Listing updated: January 11, 2024 at 02:57pm
Listing Provided by:
Lauren Cooper DRE #02012510 949-201-8596,
Compass,
Ryan Cooper DRE #02053469 949-201-7064,
Compass
Bought with:
Jaime Weber, DRE #01963871
Compass
Source: CRMLS,MLS#: OC23097516
Originating MLS: California Regional MLS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 8
- Full bathrooms: 7
- 1/2 bathrooms: 1
- Main level bathrooms: 3
- Main level bedrooms: 3
Heating
- Central
Cooling
- Central Air
Appliances
- Included: 6 Burner Stove, Dishwasher, Gas Oven, Gas Range, Microwave, Refrigerator, Range Hood
- Laundry: Laundry Room
Features
- Built-in Features, Ceiling Fan(s), Cathedral Ceiling(s), Separate/Formal Dining Room, Granite Counters, High Ceilings, Open Floorplan, All Bedrooms Down, Bedroom on Main Level, Main Level Primary, Multiple Primary Suites, Primary Suite, Utility Room, Walk-In Pantry, Walk-In Closet(s), Workshop
- Flooring: Tile, Vinyl, Wood
- Has fireplace: Yes
- Fireplace features: Living Room, Primary Bedroom
- Common walls with other units/homes: No Common Walls
Interior area
- Total interior livable area: 5,767 sqft
Property
Parking
- Total spaces: 2
- Parking features: Driveway, Garage
- Attached garage spaces: 2
Features
- Levels: One
- Stories: 1
- Entry location: 1
- Patio & porch: Rear Porch, Brick, Covered, Front Porch
- Pool features: None
- Spa features: None
- Has view: Yes
- View description: Canyon, Hills, Mountain(s), Panoramic, Pond, Pasture, Trees/Woods
- Has water view: Yes
- Water view: Pond
- Waterfront features: Pond
Lot
- Size: 118.31 Acres
- Features: Agricultural, Back Yard, Front Yard, Garden, Gentle Sloping, Horse Property, Lawn, Lot Over 40000 Sqft, Landscaped, Over 40 Units/Acre, Orchard(s), Pasture, Ranch, Value In Land
Details
- Additional structures: Barn(s), Guest House Detached, Guest House, Outbuilding, Shed(s), Storage, Workshop
- Additional parcels included: 1012401200, 1012711800
- Parcel number: 1012712900
- Zoning: R1
- Special conditions: Standard
- Horses can be raised: Yes
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Foundation: Slab
Condition
- Turnkey
- New construction: No
- Year built: 2002
Utilities & green energy
- Sewer: Septic Type Unknown
- Water: Agricultural Well, Private, Well
- Utilities for property: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
Community & neighborhood
Community
- Community features: Hiking, Mountainous, Rural
Location
- Region: Fallbrook
- Subdivision: Fallbrook
Other
Other facts
- Listing terms: Cash,Cash to New Loan,Conventional
- Road surface type: Unimproved
Price history
| Date | Event | Price |
|---|---|---|
| 1/11/2024 | Sold | $3,944,000-2.6%$684/sqft |
Source: | ||
| 12/7/2023 | Pending sale | $4,050,000$702/sqft |
Source: | ||
| 11/6/2023 | Contingent | $4,050,000$702/sqft |
Source: | ||
| 9/1/2023 | Price change | $4,050,000-1.2%$702/sqft |
Source: | ||
| 6/3/2023 | Listed for sale | $4,100,000-34.4%$711/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $35,059 +43.1% | $3,285,420 +42.5% |
| 2024 | $24,507 +2.9% | $2,305,232 +2% |
| 2023 | $23,823 -0.1% | $2,260,032 +2% |
Find assessor info on the county website
Neighborhood: 92028
Nearby schools
GreatSchools rating
- 7/10William H. Frazier Elementary SchoolGrades: K-6Distance: 7.5 mi
- 4/10James E. Potter Intermediate SchoolGrades: 7-8Distance: 8.5 mi
- 6/10Fallbrook High SchoolGrades: 9-12Distance: 8.7 mi
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Estimated market value
$3,758,600
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
$3,758,600


