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For sale
    • Listed by: Capitis Real Estate • Susannah Levicki • Contact: 9516912048
    $1,295,000

    40461 Rock Mountain Dr, Fallbrook, CA 92028

    5beds
    4,532sqft
    : 
    $8,717/mo
    Get pre-qualified
    Single Family Residence
    Built in 1984
    1.14 Acres Lot
    $1,267,500 Zestimate®
    $286/sqft
    $-- HOA

    What's special

    Gorgeous Gated Multi Generation Home - 4,532 sq. ft. of flexible living space on 1.14 acres. The main residence features 5 bedrooms, 6.5 bathrooms, 2 full kitchens, multiple living areas, 3 laundry locations, an oversized 3-car garage, massive workshop and an office/potential 6th bedroom with a closet behind the garage. Ideal for multigenerational living, extended family, guests, work-from-home needs or potential rental income. One of the home's most unique features is how easily it can function as one large residence or two separate living spaces. Upstairs are 4 bedrooms and 4 bathrooms, plus a kitchen and living area, while downstairs features the primary suite, main kitchen, family room, breakfast area and additional living spaces. An existing interior locking door is all that separates an approximately 1,000 sq. ft private living area with 2 bedrooms, 2 bathrooms, full kitchen, living room, balcony and two separate entry points. Simply lock the connecting door for a private ADU-style living arrangement, or unlock it and the space flows seamlessly back into the main residence. An incredibly easy and versatile setup for extended family, adult children, guests or potential rental use. The downstairs primary suite features a large walk-in closet, private deck with beautiful views, separate his-and-hers toilet areas and an outdoor-inspired shower surrounded by natural rock and greenery. The main kitchen opens to the family room and breakfast area and includes two pantries with extensive cabinetry. French doors open to outdoor living areas and views. A formal dining area, sitting/living room and guest half bath complete the main living areas. Behind the garage, the large woodworking workshop offers multiple private access points. An additional room with a small closet is currently used as an office but offers potential as a 6th bedroom, studio, gym or hobby room (see virtual photo). Additional storage includes the oversized garage, large separate utility room and laundry room with sink, including an additional shower and toilet and direct access to the patios and workshop. The fully fenced and gated grounds feature an established grove with avocado, citrus, pomegranate, persimmon, loquat, peach and macadamia trees, plus irrigated raised garden beds and stairs through the grove. Enjoy peaceful Fallbrook living, with minutes to local winery, Rock Mountain and Santa Margarita River trails, 10 minutes to down town Fallbrook!
    136 days
    986
    78

    Zillow last checked:

    Listing updated:

    Listed by:

    Susannah Levicki DRE #01921896 9516912048,

    Capitis Real Estate

    Source: CRMLS,MLS#: ND26210247MLS LogoOriginating MLS: California Regional MLS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 7
      • Full bathrooms: 6
      • 1/2 bathrooms: 1
      • Main level bathrooms: 3
      • Main level bedrooms: 2
      Rooms
      • Room types: Bonus Room, Bedroom, Center Hall, Den, Entry/Foyer, Family Room, Foyer, Guest Quarters, Kitchen, Laundry, Living Room, Primary Bathroom, Primary Bedroom, Office, Other, Pantry, Utility Room, Workshop, Dining Room
      Primary bedroom
      • Features: Primary Suite
      Primary bedroom
      • Features: Main Level Primary
      Bedroom
      • Features: Bedroom on Main Level
      Bathroom
      • Features: Dual Sinks, Enclosed Toilet, Full Bath on Main Level, Tile Counters, Walk-In Shower
      Kitchen
      • Features: Kitchen Island, Pots & Pan Drawers, Tile Counters, Walk-In Pantry
      Heating
      • Central
      Cooling
      • Central Air
      Appliances
      • Included: Washer
      • Laundry: Washer Hookup, Inside, Laundry Room, Propane Dryer Hookup
      Features
      • Breakfast Bar, Balcony, Breakfast Area, Cathedral Ceiling(s), Separate/Formal Dining Room, High Ceilings, In-Law Floorplan, Multiple Staircases, Open Floorplan, Pantry, Tile Counters, Bedroom on Main Level, Entrance Foyer, Main Level Primary, Multiple Primary Suites, Primary Suite, Utility Room, Walk-In Pantry, Walk-In Closet(s), Workshop
      • Has fireplace: Yes
      • Fireplace features: Family Room
      • Common walls with other units/homes: No Common Walls
      Interior area
      • Total interior livable area: 4,532 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 8
      • Parking features: Asphalt, Door-Multi, Driveway, Driveway Up Slope From Street, Garage Faces Front, Garage, Garage Door Opener, Gated, Private, Workshop in Garage
      • Attached garage spaces: 3
      • Uncovered spaces: 5
      Features
      • Levels: Two
      • Stories: 2
      • Entry location: Main
      • Patio & porch: Rear Porch, Concrete, Deck, Open, Patio, Porch, Wood
      • Pool features: None
      • Spa features: None
      • Has view: Yes
      • View description: Canyon, Hills, Mountain(s), Panoramic, Valley
      Lot
      • Size: 1.14 Acres
      • Features: Agricultural, Sloped Down, Front Yard, Landscaped, Sprinkler System, Yard
      Details
      • Additional structures: Guest House Attached, Storage, Workshop
      • Parcel number: 1024702800
      • Special conditions: Standard
      • Horse amenities: Riding Trail

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Condition
      • Turnkey
      • New construction: No
      • Year built: 1984

      Utilities & green energy

      • Sewer: Septic Type Unknown
      • Water: Public

      Community & HOA

      Community
      • Features: Hiking, Horse Trails, Preserve/Public Land, Rural, Ravine, Valley
      • Subdivision: Fallbrook
      Location
      • Region: Fallbrook

      Financial & listing details

      • Price per square foot: $286/sqft
      • Tax assessed value: $490,048
      • Date on market: 9/25/2026
      • Cumulative days on market: 136 days
      • Listing terms: Cash,Conventional
      • Inclusions: Washer, Dryer, Refrigerator
      • Road surface type: Paved

        Estimated market value

        $1,267,500

        $1.20M - $1.33M

        $6,976/mo

        Price history

        DateEventPrice
        9/26/2026Listed for sale$1,295,000+339%$286/sqft
        Source: CRMLS #ND26210247 Report a problem
        5/6/2025Listing removed$2,250
        Source: Zillow Rentals Report a problem
        4/29/2025Price change$2,250-6.3%
        Source: Zillow Rentals Report a problem
        3/7/2025Listed for rent$2,400+6.7%$1/sqft
        Source: Zillow Rentals Report a problem
        11/1/2024Listing removed$2,250
        Source: Zillow Rentals Report a problem
        10/18/2024Listed for rent$2,250-16.7%
        Source: Zillow Rentals Report a problem
        9/13/2024Listing removed$2,700$1/sqft
        Source: Zillow Rentals Report a problem
        8/23/2024Listed for rent$2,700+8%$1/sqft
        Source: Zillow Rentals Report a problem
        1/6/2024Listing removed--
        Source: Zillow Rentals Report a problem
        11/24/2023Listed for rent$2,500$1/sqft
        Source: Zillow Rentals Report a problem
        11/24/2023Listing removed--
        Source: Zillow Rentals Report a problem
        11/13/2023Listed for rent$2,500+11.1%$1/sqft
        Source: Zillow Rentals Report a problem
        9/15/2021Listing removed--
        Source: Zillow Rental Manager Report a problem
        9/6/2021Listed for rent$2,250-30.8%
        Source: Zillow Rental Manager Report a problem
        4/6/2021Listing removed--
        Source: Zillow Rental Manager Report a problem
        3/30/2021Listed for rent$3,250+8.5%$1/sqft
        Source: Zillow Rental Manager Report a problem
        6/28/2018Listing removed$2,995$1/sqft
        Source: Zillow Rental Manager Report a problem
        6/17/2018Price change$2,995+7%$1/sqft
        Source: Zillow Rental Manager Report a problem
        6/12/2018Listed for rent$2,800+16.7%$1/sqft
        Source: Owner Report a problem
        7/9/2017Listing removed$2,400$1/sqft
        Source: Owner Report a problem
        6/9/2017Listed for rent$2,400$1/sqft
        Source: Owner Report a problem
        7/26/1996Sold$295,000+29.7%$65/sqft
        Source: Public Record Report a problem
        12/7/1995Sold$227,500$50/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2026-- $490,048 +2%
        2025$5,116 +2.5%$480,440 +2%
        2024$4,994 +3%$471,021 +2%
        2023$4,849 0%$461,786 +2%
        2022$4,850 +3.5%$452,732 +2%
        2021$4,685 -0.8%$443,856 +1%
        2020$4,721 +3.1%$439,306 +2%
        2019$4,580 +0.6%$430,693 +2%
        2018$4,555 +2%$422,249 +2%
        2017$4,464 +2.6%$413,970 +2%
        2016$4,351 +1.6%$405,854 +1.5%
        2015$4,281 +2%$399,758 +2%
        2014$4,199 $391,928 +0.5%
        2013-- $390,157 +2%
        2012-- $382,508 +2%
        2011-- $375,008 +0.8%
        2010-- $372,207 -0.2%
        2009-- $373,092 +2%
        2008-- $365,778 +2%
        2007-- $358,607 +2%
        2006-- $351,577 +2%
        2005-- $344,684 +2%
        2004-- $337,926 +1.9%
        2003-- $331,734 +2%
        2002-- $325,230 +2%
        2001-- $318,854
        Find assessor info on the county website

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

        Neighborhood: 92028

        Getting around

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