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!
For sale
Listed by: Capitis Real Estate • Susannah Levicki • Contact: 9516912048
$1,295,000
40461 Rock Mountain Dr, Fallbrook, CA 92028
5beds
4,532sqft
Single Family Residence
Built in 1984
1.14 Acres Lot
$1,267,500 Zestimate®
$286/sqft
$-- HOA
What's special
- 136 days
- 995
- 78
Zillow last checked:
Listing updated:
Listed by:
Susannah Levicki DRE #01921896 9516912048,
Capitis Real Estate
Source: CRMLS,MLS#: ND26210247
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & 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
| Date | Event | Price |
|---|---|---|
| 9/26/2026 | Listed for sale | $1,295,000+339%$286/sqft |
Source:  CRMLS #ND26210247 Report a problem | ||
| 5/6/2025 | Listing removed | $2,250 |
Source: Zillow Rentals Report a problem | ||
| 4/29/2025 | Price change | $2,250-6.3% |
Source: Zillow Rentals Report a problem | ||
| 3/7/2025 | Listed for rent | $2,400+6.7%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 11/1/2024 | Listing removed | $2,250 |
Source: Zillow Rentals Report a problem | ||
| 10/18/2024 | Listed for rent | $2,250-16.7% |
Source: Zillow Rentals Report a problem | ||
| 9/13/2024 | Listing removed | $2,700$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/23/2024 | Listed for rent | $2,700+8%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 1/6/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 11/24/2023 | Listed for rent | $2,500$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 11/24/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 11/13/2023 | Listed for rent | $2,500+11.1%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/15/2021 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 9/6/2021 | Listed for rent | $2,250-30.8% |
Source: Zillow Rental Manager Report a problem | ||
| 4/6/2021 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 3/30/2021 | Listed for rent | $3,250+8.5%$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 6/28/2018 | Listing removed | $2,995$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 6/17/2018 | Price change | $2,995+7%$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 6/12/2018 | Listed for rent | $2,800+16.7%$1/sqft |
Source: Owner Report a problem | ||
| 7/9/2017 | Listing removed | $2,400$1/sqft |
Source: Owner Report a problem | ||
| 6/9/2017 | Listed for rent | $2,400$1/sqft |
Source: Owner Report a problem | ||
| 7/26/1996 | Sold | $295,000+29.7%$65/sqft |
Source: Public Record Report a problem | ||
| 12/7/1995 | Sold | $227,500$50/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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
Monthly payment
Est. payment
Payment breakdown
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