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Sold for $995,000
    • Listed by: Sunshine Properties RealEstate • Eren Melendez • Contact: 760-622-1644
    Bought with: Rawson & Associates
    $995,000

    40487 Rock Mountain Dr, Fallbrook, CA 92028

    4beds
    2,900sqft
    Single Family Residence
    Built in 2005
    5.18 Acres Lot
    $986,500 Zestimate®
    $343/sqft
    $5,381 Estimated rent

    Home value

    $986,500

    $908,000 - $1.07M

    $5,381/mo

    Zestimate® history
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    What's special

    Private home theaterCenter islandLarge windowsThriving olive groveCustom bar shelvingGranite countertopsWalk-in closet
    Nestled in the scenic hills of De Luz, just minutes from town, this beautiful French Country Style single story home offers 2900 sq ft of open living space with four bedrooms, three bathrooms and oversized 3 car garage. The inviting kitchen is the heart of the home, featuring granite countertops, abundant cabinetry, a center island, and a butler’s pantry with custom bar shelving. With plenty of seating at the counters and breakfast area, it's perfect for gathering with friends and family. Additional spaces include a private home theater, office, and library. The primary suite offers a luxurious bath with soaking tub and walk-in closet, while a secondary en-suite bedroom provides comfort for guests or extended family. Generously sized bedrooms and large windows throughout create a bright, inviting atmosphere. Outdoors, enjoy orange, lemon, grapefruit and loquat trees, a thriving olive grove and plenty of space for RV parking, recreational toys, or creative use. Located at the end of a quiet road, this home combines seclusion, convenience, and charm.

    Zillow last checked:

    Listing updated:

    Listed by:

    Eren Melendez DRE #02043436 760-622-1644,

    Sunshine Properties RealEstate

    Bought with:

    Rolf Rawson, DRE #00920606

    Rawson & Associates

    Source: CRMLS,MLS#: NDP2508944MLS LogoOriginating MLS: California Regional MLS (North San Diego County & Pacific Southwest AORs)

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 3
    Rooms
    • Room types: Bedroom, Library, Primary Bathroom, Primary Bedroom, Office
    Bedroom
    • Features: All Bedrooms Down
    Kitchen
    • Features: Granite Counters, Kitchen Island
    Heating
    • Forced Air
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Propane Cooktop, Propane Oven, Refrigerator
    • Laundry: In Garage
    Features
    • Breakfast Area, Eat-in Kitchen, Granite Counters, High Ceilings, Pantry, All Bedrooms Down
    • Flooring: Tile
    • Doors: Double Door Entry, Sliding Doors
    • Windows: Double Pane Windows
    • Has fireplace: Yes
    • Fireplace features: Electric
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total interior livable area: 2,900 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: Door-Multi, Garage
    • Attached garage spaces: 3
    Features
    • Levels: One
    • Stories: 1
    • Entry location: front door
    • Patio & porch: Patio
    • Exterior features: Rain Gutters
    • Pool features: None
    • Spa features: None
    • Has view: Yes
    • View description: Mountain(s), Panoramic, Vineyard
    Lot
    • Size: 5.18 Acres
    • Features: 2-5 Units/Acre, Drip Irrigation/Bubblers, Irregular Lot
    Details
    • Additional structures: Barn(s), Shed(s)
    • Parcel number: 1024701700
    • Zoning: R1
    • Special conditions: Standard
    • Horse amenities: Riding Trail

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: French Provincial
    • Property subtype: Single Family Residence
    Materials
    • Concrete
    • Foundation: Permanent
    • Roof: Concrete
    Condition
    • Turnkey
    • Year built: 2005

    Utilities & green energy

    • Sewer: Septic Tank
    • Utilities for property: Propane

    Community & HOA

    Community
    • Features: Horse Trails, Preserve/Public Land
    • Security: Fire Sprinkler System
    Location
    • Region: Fallbrook

    Financial & listing details

    • Price per square foot: $343/sqft
    • Tax assessed value: $1,129,666
    • Date on market: 9/11/2025
    • Cumulative days on market: 215 days
    • Listing terms: Conventional,FHA,VA Loan
    • Road surface type: Paved

    Price history

    DateEventPrice
    7/17/2026Sold$995,000-0.5%$343/sqft
    Source: CRMLS #NDP2508944 Report a problem
    6/23/2026Pending sale$999,900$345/sqft
    Source: CRMLS #NDP2508944 Report a problem
    5/30/2026Price change$999,900-14.9%$345/sqft
    Source: CRMLS #NDP2508944 Report a problem
    3/27/2026Pending sale$1,175,000$405/sqft
    Source: CRMLS #NDP2508944 Report a problem
    1/27/2026Price change$1,175,000-2%$405/sqft
    Source: CRMLS #NDP2508944 Report a problem
    9/11/2025Listed for sale$1,199,000+43.4%$413/sqft
    Source: CRMLS #NDP2508944 Report a problem
    7/12/2020Listing removed$835,999$288/sqft
    Source: Ahuage Realty Group, Inc #200021481 Report a problem
    5/13/2020Price change$835,999+0%$288/sqft
    Source: Ahuage Realty Group, Inc #200021481 Report a problem
    1/25/2020Price change$835,900-5%$288/sqft
    Source: Ahuage Realty Group, Inc #190063421 Report a problem
    12/2/2019Listed for sale$879,900+13%$303/sqft
    Source: Ahuage Realty Group, Inc #190063421 Report a problem
    6/16/2004Sold$779,000$269/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2026-- $1,129,666 +2%
    2025$11,994 +2.4%$1,107,516 +2%
    2024$11,713 +2.6%$1,085,801 +2%
    2023$11,413 +12%$1,064,511 +14.5%
    2022$10,194 +5.4%$930,000 +3.9%
    2021$9,676 +9.6%$895,000 +11.9%
    2020$8,825 +2.1%$800,000
    2019$8,648 -1.2%$800,000 +1.3%
    2018$8,750 +2.6%$790,000 +2.6%
    2017$8,531 +13.5%$770,000 +13.2%
    2016$7,513 +4.6%$680,000 +4.6%
    2015$7,183 0%$650,000
    2014$7,186 $650,000 +5.2%
    2013-- $618,000 -0.3%
    2012-- $620,000
    2011-- $620,000
    2010-- $620,000 -16.2%
    2009-- $740,000 -12.2%
    2008-- $843,213 +2%
    2007-- $826,680 +2%
    2006-- $810,471 +2%
    2005-- $794,580 +230.3%
    2004-- $240,532 +52.6%
    2003-- $157,590 +5.1%
    2002-- $150,000 +42.9%
    2001-- $105,000
    Find assessor info on the county website

    Neighborhood: 92028

    Nearby homes

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Fallbrook
    • Middle: James E. Potter Intermediate
    • High: Fallbrook

    Source: CRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $986,500
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $986,500

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