Skip main navigation
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
    Loading...

    Owner options

    List your home for rent

    $6,623/mo

    Rent Zestimate®

    Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.

    Learn more

    $6,623/mo

    Rent Zestimate®

    Refinance and save

    $24,456/mo

    Est. payment

    Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

    See today's rates

    $24,456/mo

    Est. payment

    Explore your selling options

    Work with a Zillow partner agent

    Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.

    Get started

    List with your own agent

    Get your home in front of millions of buyers by listing it on Zillow.

    Learn how to do it

    Sell it yourself

    Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).

    List your home

    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#: OC23097516MLS LogoOriginating 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

    DateEventPrice
    1/11/2024Sold$3,944,000-2.6%$684/sqft
    Source: CRMLS #OC23097516
    12/7/2023Pending sale$4,050,000$702/sqft
    Source: CRMLS #OC23097516
    11/6/2023Contingent$4,050,000$702/sqft
    Source: CRMLS #OC23097516
    9/1/2023Price change$4,050,000-1.2%$702/sqft
    Source: CRMLS #OC23097516
    6/3/2023Listed for sale$4,100,000-34.4%$711/sqft
    Source: CRMLS #OC23097516

    Public tax history

    YearProperty taxesTax 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
    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

    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