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Sold for $1,560,000
  • $1,560,000

    1609 Santa Margarita Dr, Fallbrook, CA 92028

    4beds
    3,780sqft
    Single Family Residence
    Built in 2004
    3.78 Acres Lot
    $1,566,700 Zestimate®
    $413/sqft
    $6,370 Estimated rent

    Home value

    $1,566,700

    $1.44M - $1.69M

    $6,370/mo

    Zestimate® history
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    What's special

    Rv parkingGourmet kitchenSurround soundRiding arenaDetailed brickworkZoned hvacElmira antique reproduction stove
    1609 Santa Margarita Drive, Fallbrook, CA—this custom estate offers 4 bedrooms, 4 bathrooms, and 3,780 sq. ft. of refined living space on 3.78 acres of premier equestrian and agricultural land. Designed for those who value craftsmanship and privacy, the home blends timeless architecture with warm natural materials, including 1" solid hickory floors, hand-carved beams, a dramatic 17’ vaulted entry, and detailed brickwork. The gourmet kitchen features a GE Monogram built-in refrigerator, Elmira antique reproduction stove, pot filler, and new dual GE Profile dishwashers. A private 600 sq. ft. guest house with its own bed, bath, and entrance is ideal for extended family or visitors. Above the main home, a 1,200 sq. ft. semi-finished attic with soaring 17’ ceilings offers excellent potential for added living space or a studio. Equestrian amenities include a 4-stall barn, riding arena, tack room with bath and laundry hookups, trailer/RV parking with utilities, and keyed access to the gated Santa Margarita Horse Trails for miles of riverfront riding. Agricultural features include 218 producing Hass avocado trees supported by a high-output well and computerized irrigation. Additional highlights include multiple garages, RV parking, zoned HVAC, surround sound, and sweeping views of the Santa Margarita River Valley—creating a serene and elevated ranch lifestyle. We invite you to experience this exceptional property in person and discover the unique beauty it offers.

    Zillow last checked:

    Listing updated:

    Listed by:

    Mike Chiesl DRE #01783300 760-473-0000,

    Real Broker,

    Meredith M Von Paris DRE #02247653 443-632-6636,

    Real Broker

    Bought with:

    Brooke Miller, DRE #01463771

    HomeSmart, Evergreen Realty

    Source: SDMLS,MLS#: 250044358MLS LogoOriginating MLS: SDMLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 5
    • Full bathrooms: 4
    • 1/2 bathrooms: 1
    Heating
    • Fireplace, Forced Air Unit
    Cooling
    • Central Forced Air
    Appliances
    • Included: Dishwasher, Fire Sprinklers, Garage Door Opener, Microwave, Range/Oven, Gas Range, Counter Top
    • Laundry: Electric
    Features
    • Number of fireplaces: 3
    • Fireplace features: FP in Family Room, FP in Living Room, FP in Primary BR
    Interior area
    • Total structure area: 3,780
    • Total interior livable area: 3,780 sqft

    Property

    Parking
    • Total spaces: 17
    • Parking features: Attached
    • Garage spaces: 5
    Features
    • Levels: 2 Story
    • Pool features: N/K
    • Fencing: Partial
    Lot
    • Size: 3.78 Acres
    Details
    • Parcel number: 1054810400

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Stucco
    • Roof: Concrete
    Condition
    • Year built: 2004

    Utilities & green energy

    • Sewer: Septic Installed
    • Water: Meter on Property, Public

    Community & HOA

    Community
    • Subdivision: FALLBROOK
    Location
    • Region: Fallbrook

    Financial & listing details

    • Price per square foot: $413/sqft
    • Tax assessed value: $1,392,699
    • Annual tax amount: $14,954
    • Date on market: 11/19/2025
    • Listing terms: Cash,Conventional,VA,Submit

    Price history

    DateEventPrice
    4/28/2026Sold$1,560,000-6.9%$413/sqft
    Source: SDMLS #250044358 Report a problem
    4/21/2026Pending sale$1,675,000$443/sqft
    Source: SDMLS #250044358 Report a problem
    3/4/2026Price change$1,675,000-4.3%$443/sqft
    Source: SDMLS #250044358 Report a problem
    1/27/2026Price change$1,750,000-4.1%$463/sqft
    Source: SDMLS #250044358 Report a problem
    11/20/2025Listed for sale$1,825,000+52.1%$483/sqft
    Source: SDMLS #250044358 Report a problem
    6/20/2017Sold$1,200,000+0.1%$317/sqft
    Source: Public Record Report a problem
    5/9/2017Pending sale$1,199,000-20%$317/sqft
    Source: Realty One Group, Inc. #SW17089747 Report a problem
    7/15/2015Listed for sale$1,499,000+240.7%$397/sqft
    Source: Coldwell Banker Village Properties #150038357 Report a problem
    9/2/1997Sold$440,000$116/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$14,954 +2.4%$1,392,699 +2%
    2024$14,602 +2.9%$1,365,392 +2%
    2023$14,190 0%$1,338,620 +2%
    2022$14,196 +3.5%$1,312,373 +2%
    2021$13,718 -0.8%$1,286,641 +1%
    2020$13,825 +3%$1,273,449 +2%
    2019$13,420 +0.6%$1,248,480 +2%
    2018$13,343 +81.7%$1,224,000 +82.2%
    2017$7,345 +2.5%$671,761 +2%
    2016$7,163 +1.6%$658,591 +1.5%
    2015$7,050 +0.8%$648,700 +2%
    2014$6,991 $635,994 +0.5%
    2013-- $633,121 +2%
    2012-- $620,708 +2%
    2011-- $608,538 +0.8%
    2010-- $603,991 -0.2%
    2009-- $605,427 +2%
    2008-- $593,557 +2%
    2007-- $581,919 +2%
    2006-- $570,510 +2%
    2005-- $559,325 -27%
    2004-- $766,000
    Find assessor info on the county website

    Neighborhood: 92028

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Fallbrook Union Elementary Distr

    Source: SDMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $1,566,700
    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
    $1,566,700