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.
For sale
Listed by: Rawson & Associates
Price cut: $1K (6/11)
$2,628,000
40390 Ross Rd, Fallbrook, CA 92028
4beds
1,500sqft
Single Family Residence
Built in 1978
80.05 Acres Lot
$2,509,100 Zestimate®
$1,752/sqft
$-- HOA
What's special
Attached two-car garage
- 185 days |
- 365 |
- 15 |
Zillow last checked:
Listing updated:
Listed by:
Rolf Rawson DRE #00920606 Rolf@RawsonTeam.com,
Rawson & Associates
Source: CRMLS,MLS#: SW25274653
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSLoading...
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: 185 days
- Listing terms: Cash to New Loan,Conventional,Submit
- Road surface type: Paved
Estimated market value
$2,509,100
$2.38M - $2.63M
$3,751/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 | $340,682 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.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.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 92028
Getting around
0 / 100
Car-DependentNearby schools
GreatSchools rating
- 7/10William H. Frazier Elementary SchoolGrades: K-6Distance: 5.6 mi
- 5/10James E. Potter Intermediate SchoolGrades: 7-8Distance: 6.7 mi
- 6/10Fallbrook High SchoolGrades: 9-12Distance: 7.3 mi
A local agent can set up tours, give advice and negotiate with sellers.
Local buyer's agents are ready to help
- California
- San Diego County
- Fallbrook
- 92028
- 40390 Ross Rd
Nearby cities
Nearby zip codes
Other Fallbrook Topics
