Sold for $1,500,000

Listed by: Zember Realty Group • Louis Zember • Contact: 760-427-1000

Bought with: Coldwell Banker Realty

$1,500,000

1852 Santa Margarita Dr, Fallbrook, CA 92028

4beds

3,723sqft

Single Family Residence

Built in 2003

5.41 Acres Lot

$1,529,400 Zestimate^®

$403/sqft

$7,374 Estimated rent

Home value

$1,529,400

$1.42M - $1.65M

$7,374/mo

Zestimate^® history

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$7,374/mo

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$7,374/mo

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$9,505/mo

Est. payment

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$9,505/mo

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What's special

In ground spaPanoramic viewsCustom kitchenBalcony overlooking the hillsSpa-like bathroomBrand new carpetingAvocado trees

* VIEWS * SPA * PRIVACY * 5.4 ACRES * Welcome to this private sanctuary in the hills of Fallbrook. This 4 bedroom 3.5 bathroom home has an open floor plan with spacious rooms is perfect for all of your needs. The custom kitchen offers updated cabinets, granite counters, and high end appliances. The home boasts a large family room, office, formal living and dining rooms as well as spacious bedrooms. The massive primary suite is complete with a spa-like bathroom, walk-in closet, and a balcony overlooking the hills. The home includes brand new carpeting, refinished hardwood flooring, new interior paint, light fixtures, and kitchen hardware. The outdoor dining area is perfect for entertaining or sunrise coffee relaxation where you will enjoy the best panoramic views Fallbrook has to offer. The property boasts an in ground spa and waterfall, avocado trees, solar, and an oversized 3 car garage. Come check out this gem nestled in the hills.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 4
Full bathrooms: 3
1/2 bathrooms: 1

Rooms

Room types: Entry/Foyer, Family Room, Primary Bathroom, Primary Bedroom, Dining Room

Primary bedroom

Features: Primary Suite

Bathroom

Features: Bathtub, Dual Sinks, Separate Shower

Kitchen

Features: Granite Counters, Remodeled, Updated Kitchen

Heating

Central, Forced Air

Cooling

Central Air

Appliances

Included: 6 Burner Stove, Dishwasher, Gas Range, Microwave
Laundry: Gas Dryer Hookup, In Garage

Features

Balcony, Cathedral Ceiling(s), Separate/Formal Dining Room, Granite Counters, High Ceilings, Pantry, Recessed Lighting, Primary Suite
Flooring: Carpet, Wood
Has fireplace: Yes
Fireplace features: Family Room
Common walls with other units/homes: No Common Walls

Interior area

Total interior livable area: 3,723 sqft

Property

Parking

Total spaces: 3
Parking features: Garage, Workshop in Garage
Attached garage spaces: 3

Features

Levels: Multi/Split
Entry location: 1
Patio & porch: Stone
Pool features: None
Has spa: Yes
Spa features: Private
Fencing: None
Has view: Yes
View description: Hills, Mountain(s)

Lot

Size: 5.41 Acres
Features: Lot Over 40000 Sqft

Details

Parcel number: 1021604300
Zoning: A70
Special conditions: Standard

Construction

Type & style

Home type: SingleFamily
Architectural style: Traditional
Property subtype: Single Family Residence

Materials

Stucco
Roof: Tile

Condition

Turnkey
New construction: No
Year built: 2003

Utilities & green energy

Sewer: Septic Type Unknown
Water: Public
Utilities for property: Electricity Connected, Propane, Water Connected

Community & HOA

Community

Features: Foothills, Hunting
Subdivision: Fallbrook

Location

Region: Fallbrook

Financial & listing details

Price per square foot: $403/sqft
Tax assessed value: $1,018,057
Annual tax amount: $11,038
Date on market: 12/5/2024
Cumulative days on market: 57 days
Listing terms: Cash,Cash to New Loan,Conventional,1031 Exchange,FHA,Submit,VA Loan
Road surface type: Paved

Price history

Date	Event	Price
3/3/2025	Sold	$1,500,000-3.2%$403/sqft
Source: CRMLS #SW24243514 Report a problem
2/2/2025	Pending sale	$1,549,000$416/sqft
Source: CRMLS #SW24243514 Report a problem
1/15/2025	Price change	$1,549,000-3.1%$416/sqft
Source: CRMLS #SW24243514 Report a problem
12/5/2024	Listed for sale	$1,599,000+85.9%$429/sqft
Source: CRMLS #SW24243514 Report a problem
5/19/2016	Sold	$860,000+39.4%$231/sqft
Source: Public Record Report a problem
12/3/2010	Sold	$617,000-2.1%$166/sqft
Source: Public Record Report a problem
5/5/2010	Sold	$630,000-47.5%$169/sqft
Source: Public Record Report a problem
10/12/2005	Sold	$1,200,000+146.4%$322/sqft
Source: Public Record Report a problem
11/17/2000	Sold	$487,000$131/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$11,038 +2.4%	$1,018,057 +2%
2024	$10,780 +2.5%	$998,097 +2%
2023	$10,513 0%	$978,528 +2%
2022	$10,518 +3.5%	$959,342 +2%
2021	$10,167 -0.8%	$940,533 +1%
2020	$10,248 +3.9%	$930,890 +2%
2019	$9,865 -0.3%	$912,638 +2%
2018	$9,894 +2%	$894,744 +2%
2017	$9,703 +28.4%	$877,200 +28.4%
2016	$7,557 +1.6%	$683,355 +1.5%
2015	$7,439 +1.9%	$673,091 +2%
2014	$7,300	$659,907