40550 De Luz Murrieta Rd, Fallbrook, CA 92028
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40550 De Luz Murrieta Rd Fallbrook, CA 92028

$3,775,000 Sold Price as of 08/26/2019
  • 2 Beds
  • 2 Baths
  • 1,400 Sq.Ft.
Sold
$3,775,000 Sold Price as of 08/26/2019 Refinance Your Mortgage

Map preview of 40550 De Luz Murrieta Rd, Fallbrook, CA 92028

Property Overview: 40550 De Luz Murrieta Rd Fallbrook, CA has 2 bedrooms, 2 bathrooms, 1,400 living square feet and -- square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Sitting on 346 acres in Fallbrook, CA, this multi use agricultural property currently has 10 acres of planted wine grapes. The varietals are Cabernet, Merlot and Zinfandel totaling over 8,000 vines. The property produces hay and other animal feed. Zoning allows equestrian, stables and other livestock. Government approved airstrip on property. Due to the varied terrain, a variety of crops could be planted including citrus, avocados and organic farming. Large below ground aquifer/well. The property sits above one of the largest aquifers in San Diego County allowing for an abundant supply of high quality water. The grapes are estate quality in high demand and receive a premium price from local wineries. Zoning allows for three large estates to be built, along with barns, stables and other multiple use buildings. Fly your plane in for the weekend and land on the government approved landing strip. If agriculture is the main interest, there is an estimated 100 additional acres of land which could be planted with very little site preparation costs. Property assets are a primary residence - recently remodeled manufactured home, caretakers cottage and several out buildings. Equipment to convey includes well, backup generator with automatic start, septic, 10,000 gallon water storage tank, Vineyard is run on sophisticated computer management system allowing for minimal manual labor. A true turnkey vineyard! Price includes all 8 APNs/4 parcels for a total of 346 acres.. Neighborhoods: Fallbrook Equipment: Dryer, Washer Other Fees: 0 Sewer: Septic Installed Topography: RSLP

Listed by Mark Marquez | BRE #01232386 | Pacific Sotheby's Int'l Realty
Co-listed by Scott Baggett | BRE #01845396 | Pacific Sotheby's Int'l Realty
Last checked: 10 minutes ago | Last updated: September 29th, 2021 | Source CRMLS | DOM: 15

Home details

Lot Sq. Ft
--
HOA Dues
$0/mo
Year built
2005
Garage
2 Car
Property Type:
Single Family Home
Status
Sold
MLS#
190030559
City
Fallbrook
County
San Diego
Time on Site
1374 days

Property Details for 40550 De Luz Murrieta Rd

Interior Features
Cooling Information
  • Has Cooling
  • Heat Pump
Heating Information
  • Has Heating
  • Propane, Forced Air
Laundry Information
  • Has Laundry
  • Propane Dryer Hookup, See Remarks
Room Information
  • Eating Area: Area
  • Main Floor Bedroom, Family Room, Main Floor Master Bedroom, Laundry
Kitchen Information
  • Has Appliances
  • Dishwasher, Disposal, Refrigerator, Built-In
Bathroom Information
  • # of Baths (Full): 2
  • # of Baths (1/2): 0
Interior Features
  • Levels: One
  • Security Features: Automatic Gate, Security System
Exterior Features
Exterior Information
  • Roof: Flat Tile
  • Has Fence
  • Partial
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 17
  • Has Parking
  • Parking Features: Driveway - Combination, Gravel
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Parcel Number: 1012720800
  • Architectural Style: Cape Cod
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Water Source: Well
Location / Neighborhood
Location Information
  • Subdivision Name: Fallbrook
  • Directions: Cross Street: De Luz Road.
View more facts & features

Local Fallbrook Agent

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Sale History for 40550 De Luz Murrieta Rd

Last sold for $3,775,000 on August 26th, 2019
  • August, 2019

  • Aug 27, 2019

    Date

    Sold

    CRMLS: 190030559

    $3,775,000

    Price

  • Jun 21, 2019

    Date

    Pending

    CRMLS: 190030559

    $3,795,000

    Price

  • Jun 4, 2019

    Date

    Active

    CRMLS: 190030559

    $3,795,000

    Price

  • August, 2019

  • Aug 26, 2019

    Date

    Sold (Public Records)

    Public Records

    $3,775,000

    Price

  • June, 2019

  • Jun 4, 2019

    Date

    Canceled

    CRMLS: 180009140

    $3,999,000

    Price

  • Apr 22, 2019

    Date

    Withdrawn

    CRMLS: 180009140

    $3,999,000

    Price

  • Aug 13, 2018

    Date

    Active

    CRMLS: 180009140

    $3,999,000

    Price

  • Listing provided courtesy of CRMLS

    Welcome to Peaceful Oaks Ranch Vineyard. This Beautiful property sits on 81 acres in Fallbrook, CA. Grapes produced are of estate quality and in high demand. 8,000 Plus vines are planted on ten acres. The property has also produced over 1,000 bales of hay per year. Hay produced was on 30+ acres of plowed land that is available for immediate grape expansion with very little prep needed. Property sits above one of the largest aquifers in San Diego. Plenty of water for mass expansion! The property has 2 manufactured homes that have were fully remodeled in 2005. Perfect for primary residence, caretakers residence or to turn into a tasting room if buyer wishes to create a private label. Property is zoned for livestock, horses or most agricultural crops. 6 additional out builds on site. Excellent well producing high quality water. 20 hp pump producing 180 gallons a minute. Vineyard is very "high tech" with sophisticated soil monitoring system, Davis weather system with IPM software, computer energy management system and more. Vineyard and equipment is setup to run with very little man power, saving thousands in labor costs. Elegant entry gate and paved driveway. Government approved airstrip on property.

  • June, 2019

  • Jun 4, 2019

    Date

    Expired

    CRMLS: 180009396

    $5,499,000

    Price

  • Apr 19, 2019

    Date

    Withdrawn

    CRMLS: 180009396

    $5,499,000

    Price

  • Feb 22, 2018

    Date

    Active

    CRMLS: 180009396

    $5,499,000

    Price

  • Listing provided courtesy of CRMLS

    Welcome to Peaceful Oaks Ranch Vineyard. This Beautiful property sits on 346 acres with all 4 parcels in Fallbrook, CA. Grapes produced are of estate quality and in high demand. 8,000 Plus vines are planted on ten acres. The property has also produced over 1,000 bales of hay per year. Hay produced was on 30+ acres of plowed land that is available for immediate grape expansion with very little prep needed. Property sits above one of the largest aquifers in San Diego. Plenty of groundwater for expansion! Price includes all 8 APNs/4 parcels for a total of 346 acres. Exceptional large aquifer runs below property, providing abundant ground water. Zoning for livestock, cattle, and equestrian uses!. Neighborhoods: Fallbrook Equipment: Dryer, Washer Other Fees: 0 Sewer: Septic Installed Topography: RSLP

  • August, 2018

  • Aug 16, 2018

    Date

    Expired

    CRMLS: 140060847

    --

    Price

  • Listing provided courtesy of CRMLS

    Welcome to Peaceful Oaks Ranch Vineyard. This Beautiful property sits on 346+ acres in Fallbrook, CA. Grapes produced are of estate quality and in high demand. There are 3 varieties, Cabernet Sauvignon, Merlot and Zinfandel, with the majority being Cabernet Sauvignon for a total of 5000 vines. Most/all grapes are under a multi-year contract (3 years remaining) Property water supply is provided by one of the largest aquifers in San Diego. Currently the property has 6 acres of planted grapes. Expansion plans are in process for the planting of 4-5 acres of Cabernet in March 2015 (3,000 vines). There is sufficient flat land that could be planted immediately with water main already installed to a portion. Due to varied terrain, a variety of crops could be planted including citrus and avocados, which have a local market. Zoned for livestock and other farming purposes. If grapes are of the only interest, there is an estimated 100 additional acres of land which could be planted with very little site preparation cost. Other assets are Primary residence - doublewide mobile - extensive remodel 2006. Caretakers cottage - single wide mobile - remodel 2005. Backup generator with automatic start. Security system with 5 cameras and video recording. Office trailer with all network equipment. Davis weather station with IPM software. Elegant entry gate and paved drive. 6 additional outbuildings. Excellent well with variable frequency drive - 20 hp pump - 180 gpm. 10,000 gallon water storage tank with variable frequency drive pump for domestic and landscape use. Computer energy management system Sewage is via septic. There are 2 electric meters on site. One is for domestic use, 220v 200A 1 phase, the second is 240, 200A 3 phase. Government approved airstrip. All equipment to convey Neighborhoods: fallbrook Other Fees: 0 Sewer: Septic Installed

  • August, 2018

  • Aug 16, 2018

    Date

    Expired

    CRMLS: 140059750

    --

    Price

  • Listing provided courtesy of CRMLS

    Welcome to Peaceful Oaks Ranch Vineyard. This Beautiful property sits on 346+ acres in Fallbrook, CA. Grapes produced are of estate quality and in high demand. There are 3 varieties, Cabernet Sauvignon, Merlot and Zinfandel, with the majority being Cabernet Sauvignon for a total of 5000 vines. Most/all grapes are under a multi-year contract (3 years remaining) Property water supply is provided by one of the largest aquifers in San Diego. Currently the property has 6 acres of planted grapes. Expansion plans are in process for the planting of 4-5 acres of Cabernet in March 2015 (3,000 vines). The property has also produced over 1,000 bales of hay per year. Hay produced was on 30+ acres of plowed land that is available for immediate grape expansion with very little prep needed! The property has 2 manufactured homes that were fully remodeled in 2005. Perfect for primary residence, caretakers residence or to turn into a tasting room if buyer wishes to create a private label. Property is zoned for livestock, horses and most agricultural crops. 6 additional out buildings on site. Excellent well producing high quality water. 20 hp pump producing 180 gallons a minute. Vineyard is very "high tech" with sophisticated soil monitoring system, Davis weather system with IPM software, computer energy management system and more. Vineyard and equipment is setup to run with very little man power, saving thousands in labor costs. All equipment to convey. Elegant entry gate and paved driveway. Large underground aquifer. Zoning is A-70 - RL-40. RL-40 allows for estate to be built on site. Abundant water on site to provide for orchard, grove and additional large scale expansion. Property also features Landing strip and helicopter landing area!

  • August, 2018

  • Aug 13, 2018

    Date

    Expired

    CRMLS: 160035594

    --

    Price

  • Listing provided courtesy of CRMLS

    Nestled on 346+ acres in Fallbrook, CA, this multi use agricultural property currently has 10 acres of planted wine grapes. The varietals are Cabernet, Merlot and Zinfandel totaling over 8,000 vines. The property produces hay and other animal feed. Zoning allows horses, stables and other livestock. Due to the varied terrain, a variety of crops could be planted including citrus, avocados and organic farming. Large below ground aquifer/well. Government approved airstrip on property See Supplemental remarks The property sits above one of the largest aquifers in San Diego County allowing for an abundant supply of high quality water. The grapes are estate quality in high demand and receive a premium price from local wineries. Zoning allows for three large estates to be built, along with barns, stables and other multiple use buildings. Fly your plane in for the weekend and land on the government approved landing strip. If agriculture is the main interest, there is an estimated 100 additional acres of land which could be planted with very little site preparation costs. Property assets are a primary residence - recently remodeled manufactured home, caretakers cottage and several out buildings. All equipment to convey including well, backup generator with automatic start, septic, 10,000 gallon water storage tank, all farming equipment, etc. Vineyard is run on sophisticated computer management system allowing for minimal manual labor. A true turnkey vineyard! Zoning is A-70 - RL-40. RL-40 allows for estate to be built on site.

  • August, 2018

  • Aug 13, 2018

    Date

    Expired

    CRMLS: 160034784

    --

    Price

  • Listing provided courtesy of CRMLS

    Sitting on 346+ acres in Fallbrook, CA, this multi use agricultural property currently has 10 acres of planted wine grapes. The varietals are Cabernet, Merlot and Zinfandel totaling over 8,000 vines. Two manufactured home on the property. Zoning allows horses, stables and other livestock. Due to the varied terrain, a variety of crops could be planted including citrus, avocados and organic farming. Large below ground aquifer/well. Government approved airstrip on property See Supplemental remarks The property sits above one of the largest aquifers in San Diego County allowing for an abundant supply of high quality water. The grapes are estate quality in high demand and receive a premium price from local wineries. Zoning allows for three large estates to be built, along with barns, stables and other multiple use buildings. Fly your plane in for the weekend and land on the government approved landing strip. If agriculture is the main interest, there is an estimated 100 additional acres of land which could be planted with very little site preparation costs. Property assets are a primary residence - recently remodeled manufactured home, caretakers cottage and several out buildings. All equipment to convey including well, backup generator with automatic start, septic, 10,000 gallon water storage tank, all farming equipment, etc. Vineyard is run on sophisticated computer management system allowing for minimal manual labor. A true turnkey vineyard! Neighborhoods: fallbrook Other Fees: 0 Sewer: Septic Installed

  • May, 2017

  • May 10, 2017

    Date

    Expired

    CRMLS: 140060838

    --

    Price

  • Listing provided courtesy of CRMLS

    Welcome to Peaceful Oaks Ranch Vineyard. This Beautiful property sits on 346+ acres in Fallbrook, CA. Grapes produced are of estate quality and in high demand. There are 3 varieties, Cabernet Sauvignon, Merlot and Zinfandel, with the majority being Cabernet Sauvignon for a total of 5000 vines. Most/all grapes are under a multi-year contract (3 years remaining) Property water supply is provided by one of the largest aquifers in San Diego. Currently the property has 6 acres of planted grapes. Neighborhoods: Fallbrook Equipment: Dryer, Range/Oven, Washer, Water Filtration Other Fees: 0 Sewer: Septic Installed Topography: ,LL,RSLP Guest House Est. SQFT: 750

  • June, 2006

  • Jun 7, 2006

    Date

    Sold (Public Records)

    Public Records

    $602,500

    Price

Show More

Tax History for 40550 De Luz Murrieta Rd

Assessed Value (2020): $1,245,000
Year Land Value Improved Value Assessed Value
2020 $890,000 $355,000 $1,245,000

Home Value Compared to the Market

This property vs the competition

40550 De Luz Murrieta Rd sold on August 26, 2019 for 295.31% higher than the current median sold price for the city of Fallbrook which is $960,000. The median sold price per/sqft for Fallbrook is $426 and this home is sold at $2710.71 per/sqft which puts the price per square foot 536.32% higher than the current median sale per square foot for the city of Fallbrook.

About 40550 De Luz Murrieta Rd

Detailed summary of property

40550 De Luz Murrieta Rd is a single family home that recently sold in Fallbrook, CA 92028. This house offered 2 bedrooms, 2 bathrooms, roughly 1,400 living square feet, and sits on an approximately -- square foot lot. 40550 De Luz Murrieta Rd was first listed on ArdentRealEstateGroup.com on July 21, 2020. The homeowner sold the property for $3,775,000. Home in Fallbrook are selling for a median price of $960,000 and a median price per square foot of $426. Based on Ardent Real Estate Group's Fallbrook Market Data, this home is sold 295.31% higher than the current median priced home. Local homes that are currently for sale include 635 Nyes Pl, 140 Tomahawk and 146 Tomahawk. While the average home in Fallbrook, CA is selling in 78 days, 40550 De Luz Murrieta Rd has a days on market of 15 days. There are currently 175 homes for sale in the Fallbrook real estate market and 163 of them are single family homes while 9 of them are condos and 3 are townhomes. For more information on this home for sale at 40550 De Luz Murrieta Rd Fallbrook, CA 92028 contact Ardent Real Estate Group and we will put you in touch with one of our Fallbrook agents.

Public Facts for 40550 De Luz Murrieta Rd

Public county record property details
Beds
3
Baths
2
Year built
1989
Sq. Ft.
1,316
Lot Size
3,548,833
Stories
--
Type
Mobile/Manufactured Home (Regardless Of Land Ownership)
Pool
No
Spa
No
County
San Diego
Lot#
--
APN
101-272-08-00

The source for these homes facts are from public records.

92028 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$975,000
Median List Price/Sq.Ft.
$424
Median Sold Price
$960,000
Median Sold Price/Sq.Ft.
$426
Total Inventory
175
Median Sale to List Price %
96.48%
Avg Days on Market
42
Loan Type
Conventional (51.22%), FHA (4.88%), VA (9.76%), Cash (21.95%), Other (12.2%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.