40635 De Luz Rd, Fallbrook, CA 92028
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40635 De Luz Rd Fallbrook, CA 92028

$3,944,000 Sold Price as of 01/11/2024
  • -- Beds
  • -- Baths
  • -- Sq.Ft.
Sold
$3,944,000 Sold Price as of 01/11/2024 Refinance Your Mortgage

Map preview of 40635 De Luz Rd, Fallbrook, CA 92028

Property Overview: 40635 De Luz Rd Fallbrook, CA has -- bedrooms, -- bathrooms, -- living square feet and 5,153,583 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: 118 Acre Organic Farm less than 20 miles west of Temecula Wine Country and 6 miles northwest of the avocado capital of the world, Fallbrook, lies this lush, sprawling 118-acre agrarian estate. As the world’s largest supplier of gourds, this agricultural estate has been in continuous operation for more than 40 years and organically farmed for more than 20. Surrounded by scenic mountainous terrain, this expansive private estate consists primarily of flat, cultivated acreage with four houses positioned upon the property, the main house, and three fully operational Airbnb rental properties. The main house is a gorgeous 3 bed, 2.5 bath, modern ranch-style home which 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 3 beds, 2 baths, and Cottage “B” which consists of 2 beds, 1 bath. A short stroll away is Cottage “C” with 1 bed, 1 bath. Additional features of the property include a 40-tree private orchard which consists of more than a dozen fruit varieties, hundreds of oak trees, three wells as the primary water source, and nine additional buildings that include the gourd retail store, staff offices, classrooms, video production room, shipping facility, and multiple storage and warehousing facilities. Square footage, bedroom and bath count listed in MLS is combined for the four residences. Main residence is approximately 2670 Sq Ft, Residence 2 (The Ranch House) is approximately 1753 Sq Ft, Residence 3 (2 Bed Cottage) is approximately 864 Sq Ft and Residence 4 (1 Bed Cottage) is approximately 480 Sq Ft.

Listed by Lauren Cooper | BRE #02012510 | Compass
Co-listed by Ryan Cooper | BRE #02053469 | Compass
Last checked: 4 minutes ago | Last updated: January 11th, 2024 | Source CRMLS | DOM: 0

Home details

Lot Sq. Ft
5,153,583
HOA Dues
$0/mo
Year built
--
Garage
--
Property Type:
Land
Status
Sold
MLS#
OC24006778
City
Fallbrook
County
San Diego
Time on Site
98 days

Virtual Tour

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Property Details for 40635 De Luz Rd

Lot Details / Garage and Parking
Lot Information
  • Lot Features: Agricultural, Agricultural - Other, Agricultural - Row/Crop, Agricultural - Tree/Orchard, Agricultural - Vine/Vineyard, Back Yard, Front Yard, Garden, Gentle Sloping, Horse Property, Horse Property Unimproved, Landscaped, Lawn, Lot Over 40000 Sqft, Over 40 Units/Acre, Pasture, Ranch, Value In Land
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: Canyon, Hills, Mountain(s), Panoramic, Pasture, Pond, Trees/Woods
  • Parcel Number: 1012712900
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Septic Type Unknown
  • Water Source: Agricultural Well, Private, Well
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
Assessment Information
  • Assessments: Unknown
Location / Neighborhood
Location Information
  • Subdivision Name: Fallbrook
  • Directions: Take De Luz Road til the pavement ends and becomes dirt road. Main house is first driveway to left. Do not stop at business.
  • Road Frontage Type: Private Road
  • Road Surface Type: Unpaved
Neighborhood Information
  • Community Features: Hiking, Mountainous, Rural
View more facts & features

Local Fallbrook Agent

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Sale History for 40635 De Luz Rd

Last sold for $3,944,000 on January 11th, 2024
  • January, 2024

  • Jan 11, 2024

    Date

    Expired

    CRMLS: OC23097580

    $4,100,000

    Price

  • Jun 2, 2023

    Date

    Active

    CRMLS: OC23097580

    $4,100,000

    Price

  • Listing provided courtesy of CRMLS

  • January, 2024

  • Jan 11, 2024

    Date

    Sold

    CRMLS: OC23097516

    $3,944,000

    Price

  • Jun 2, 2023

    Date

    Active

    CRMLS: OC23097516

    $4,100,000

    Price

  • Listing provided courtesy of CRMLS

    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!!!

  • January, 2024

  • Jan 11, 2024

    Date

    Active

    CRMLS: OC24006778

    $3,944,000

    Price

  • Jan 11, 2024

    Date

    Sold

    CRMLS: OC24006778

    $3,944,000

    Price

  • November, 2022

  • Nov 1, 2022

    Date

    Expired

    CRMLS: OC22074773

    $4,650,000

    Price

  • Apr 13, 2022

    Date

    Active

    CRMLS: OC22074773

    $4,300,000

    Price

  • Listing provided courtesy of CRMLS

    Less than 20 miles west of Temecula Wine Country and 6 miles northwest of the avocado capital of the world, Fallbrook, lies this lush, sprawling 118-acre agrarian estate. As the world’s largest supplier of gourds, this agricultural estate has been in continuous operation for more than 40 years and organically farmed for more than 20. Surrounded by scenic mountainous terrain, this expansive private estate consists primarily of flat, cultivated acreage with four houses positioned upon the property, the main house, and three fully operational Airbnb rental properties. The main house is a gorgeous 3 bed, 2.5 bath, modern ranch-style home which 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 3 beds, 2 baths, and Cottage “B” which consists of 2 beds, 1 bath. A short stroll away is Cottage “C” with 1 bed, 1 bath. Additional features of the property include a 40-tree private orchard which consists of more than a dozen fruit varieties, hundreds of oak trees, three wells as the primary water source, and nine additional buildings that include the gourd retail store, staff offices, classrooms, video production room, shipping facility, and multiple storage and warehousing facilities. Square footage, bedroom and bath count listed in MLS is combined for the four residences. Main residence is approximately 2670 Sq Ft, Residence 2 (The Ranch House) is approximately 1753 Sq Ft, Residence 3 (2 Bed Cottage) is approximately 864 Sq Ft and Residence 4 (1 Bed Cottage) is approximately 480 Sq Ft.

  • April, 2022

  • Apr 13, 2022

    Date

    Price Change

    CRMLS: OC22037763

    $4,300,000

    Price

  • Mar 1, 2022

    Date

    Active

    CRMLS: OC22037763

    $4,800,000

    Price

  • Listing provided courtesy of CRMLS

    Less than 30 minutes from Temecula Wine Country and 20 minutes from the avocado capital of the world, Fallbrook, lies this lush, sprawling 118-acre agrarian estate. As the world’s largest gourd supplier, this agricultural estate has been in continuous operation for more than 40 years and organically farmed for more than 20. Surrounded by scenic mountainous terrain, this expansive private estate consists primarily of flat, cultivated acreage with four houses positioned upon the property, the main house, and three fully operational Airbnb rental properties. 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. Additional features of the property include a 40-tree private orchard which consists of more than a dozen fruit varieties, hundreds of oak trees, three wells as the primary water source, and nine additional buildings 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. Main residence is approximately 2670 Sq Ft, Residence 2 (The Ranch House) is approximately 1753 Sq Ft, Residence 3 (2 Bed Cottage) is approximately 864 Sq Ft and Residence 4 (1 Bed Cottage) is approximately 480 Sq Ft.

  • August, 2021

  • Aug 1, 2021

    Date

    Expired

    CRMLS: OC20232400

    $5,750,000

    Price

  • Jun 1, 2021

    Date

    Price Change

    CRMLS: OC20232400

    $5,750,000

    Price

  • Nov 4, 2020

    Date

    Active

    CRMLS: OC20232400

    $6,250,000

    Price

  • Listing provided courtesy of CRMLS

    This is it! A once-in-a-lifetime opportunity to own a sprawling 120-acre agricultural estate in the world's avocado capital. Owned and farmed by the original homesteading family since the late 1800s, this property has never been on the market. Home of the world's largest gourd farm, this expansive estate consists primarily of flat, cultivated acreage, offering a gorgeous ranch-style house as the primary residence, three guest or caretaker residences and multiple additional structures. The primary residence sits atop a hill overlooking the property while offering sweeping views of the surrounding scenic mountain landscape. It offers 3 bedrooms, 2.5 baths, an open-concept floor plan, a gourmet chef's kitchen, an attached two-car garage, and a storage building. The additional guest residences include the farm's original adobe house, which offers 3 beds, 2 baths, and two recently remodeled guest houses that offer new kitchens and baths, with 2 beds and 1 bath each. The business operation includes a retail store with multiple purpose-built structures to support operations. Three wells supply water and can support a host of income-producing agricultural operations. With a tilapia pond and groves of mature oak trees, this is truly a one-of-a-kind agrarian estate. There is unlimited potential for multiple revenue streams, including vacation rentals, vineyards, wedding/event venues, and corporate retreats. The possibilities are endless!

  • December, 2019

  • Dec 11, 2019

    Date

    Sold (Public Records)

    Public Records

    $2,150,000

    Price

Show More

Tax History for 40635 De Luz Rd

Assessed Value (2020): $2,150,000
Year Land Value Improved Value Assessed Value
2020 $1,550,000 $600,000 $2,150,000

Home Value Compared to the Market

This property vs the competition

40635 De Luz Rd sold on January 11, 2024 for 310.83% higher than the current median sold price for the city of Fallbrook which is $960,000.

About 40635 De Luz Rd

Detailed summary of property

40635 De Luz Rd is a land that recently sold in Fallbrook, CA 92028. This land offered -- bedrooms, -- bathrooms, roughly -- living square feet, and sits on an approximately 5,153,583 square foot lot. 40635 De Luz Rd was first listed on ArdentRealEstateGroup.com on January 11, 2024. The homeowner sold the property for $3,944,000. 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 310.83% higher than the current median priced home. Local homes that are currently for sale include 422 E Bay Ave, 2360 Redlands Drive and 0 S Washington. There are currently 173 homes for sale in the Fallbrook real estate market and 163 of them are single family homes while 8 of them are condos and 2 are townhomes. For more information on this home for sale at 40635 De Luz 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 40635 De Luz Rd

Public county record property details
Beds
6
Baths
5
Year built
2002
Sq. Ft.
4,927
Lot Size
3,184,671
Stories
--
Type
Multi-Family Dwellings (Generic, Any Combination 2+)
Pool
No
Spa
No
County
San Diego
Lot#
--
APN
101-271-29-00

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
$949,900
Median List Price/Sq.Ft.
$427
Median Sold Price
$960,000
Median Sold Price/Sq.Ft.
$426
Total Inventory
173
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.