For sale

Listed by: Rawson & Associates • Rolf Rawson • Contact: Rolf@RawsonTeam.com

Price cut: $1K (6/11)

$2,628,000

40390 Ross Rd, Fallbrook, CA 92028

4beds

1,500sqft

$17,490/mo

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Single Family Residence

Built in 1978

80.05 Acres Lot

$2,460,700 Zestimate^®

$1,752/sqft

$-- HOA

What's special

Attached two-car garage

80 exceptional acres spread across five legal parcels, offering a rare frost-free, fully irrigated agricultural estate powered by a 150+ GPM well and a massive owned 153.6 kW solar array with 480 panels to offset pumping costs. The property includes three water meters, panoramic views in every direction, and a fully remodeled 4BR/2BA home with an attached two-car garage—ideal for personal use or a high-demand Airbnb. With 3,500± avocado trees, 1,000± Eureka lemon trees, and room to expand, this income-producing ranch is primed for long-term agricultural, residential, or investment potential.

232 days

372

16

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 2
Full bathrooms: 2
Main level bathrooms: 2
Main level bedrooms: 4

Rooms

Room types: Bedroom, Kitchen, Laundry

Bedroom

Features: Bedroom on Main Level

Bedroom

Features: All Bedrooms Down

Bathroom

Features: Bathtub, Dual Sinks, Remodeled, Tub Shower

Kitchen

Features: Kitchen/Family Room Combo

Heating

Forced Air

Cooling

Central Air

Appliances

Included: Dishwasher, Electric Oven, Electric Range
Laundry: Inside

Features

Ceiling Fan(s), Eat-in Kitchen, All Bedrooms Down, Bedroom on Main Level
Flooring: Vinyl
Windows: Casement Window(s), Double Pane Windows
Has fireplace: No
Fireplace features: None
Common walls with other units/homes: No Common Walls

Interior area

Total interior livable area: 1,500 sqft

Property

Parking

Total spaces: 6
Parking features: Direct Access, Garage, RV Access/Parking
Attached garage spaces: 2
Uncovered spaces: 4

Features

Levels: One
Stories: 1
Entry location: 1
Patio & porch: Deck, Open, Patio
Pool features: None
Spa features: None
Has view: Yes
View description: Mountain(s), Panoramic, Trees/Woods

Lot

Size: 80.05 Acres
Features: Agricultural, Lot Over 40000 Sqft, Orchard(s), Rolling Slope, Sprinkler System

Details

Additional parcels included: 1012802700,1012802800,1012802900,1012803000
Parcel number: 1012802500
Zoning: A70
Special conditions: Standard

Construction

Type & style

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

Materials

Foundation: Slab

Condition

Updated/Remodeled,Turnkey
New construction: No
Year built: 1978

Utilities & green energy

Sewer: Septic Tank
Water: Public, See Remarks, Well
Utilities for property: Electricity Connected, Natural Gas Not Available, Sewer Not Available, Water Connected

Community & HOA

Community

Features: Rural
Security: Security System, Closed Circuit Camera(s), Carbon Monoxide Detector(s), Security Gate, Smoke Detector(s)
Subdivision: Fallbrook

Location

Region: Fallbrook

Financial & listing details

Price per square foot: $1,752/sqft
Tax assessed value: $112,870
Annual tax amount: $2,203
Date on market: 12/11/2025
Cumulative days on market: 232 days
Listing terms: Cash to New Loan,Conventional,Submit
Road surface type: Paved

Estimated market value

$2,460,700

$2.34M - $2.58M

$3,986/mo

Price history

Date	Event	Price
6/11/2026	Price change	$2,628,0000%$1,752/sqft
Source: CRMLS #SW25274653 Report a problem
12/22/2025	Listed for sale	$2,629,000+228.6%$1,753/sqft
Source: CRMLS #SW25274653 Report a problem
9/25/2015	Sold	$800,000+3900%$533/sqft
Source: Agent Provided Report a problem
6/17/1997	Sold	$20,000-94%$13/sqft
Source: Public Record Report a problem
7/11/1996	Sold	$335,351$224/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$2,203 -49.8%	$112,870 -64.5%
2024	$4,393 -7.6%	$318,385 +3.3%
2023	$4,754 -1.1%	$308,150 +0.4%
2022	$4,807 +1.6%	$307,001 +0.8%
2021	$4,732 +1.2%	$304,456 +3.6%
2020	$4,676 +52.8%	$293,865 +3.8%
2019	$3,060 -31.5%	$283,122 +3.6%
2018	$4,466 +0.5%	$273,322 +0.5%
2017	$4,444 -4.4%	$271,861 -7.1%
2016	$4,648 -10%	$292,488 -14.1%
2015	$5,166	$340,682

Find assessor info on the county website

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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