Lot/land

Listed by: LPT Realty

$1,500,000

502 E Elder St, Fallbrook, CA 92028

--beds

--baths

4.9Acres

Unimproved Land

Built in ----

4.9 Acres Lot

$-- Zestimate^®

$--/sqft

$-- HOA

What's special

Prime 4.9-Acre Development Opportunity in Fallbrook. Discover this exceptional 4.9-acre parcel in Fallbrook, perfectly suited for your next project. Comprising two APNs—103-246-28-00 (3.98 acres) and 103-246-17-00 (0.92 acres)—this property offers flexible zoning under RU (Urban Residential) with a General Plan designation of Village Residential (VR-15), unlocking a range of residential development possibilities. Utilities Ready including Fallbrook Public Utility water meter already installed and sewer access available on-site. Truly a prime location nestled in desirable Fallbrook, ideal for custom homes, subdivisions, or village-style living. This is a rare development gem—don't let it slip away!

409 days

56

1

Facts & features

Interior

Video & virtual tour

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Property

Features

Fencing: Cross Fenced
Has view: Yes
View description: Neighborhood

Lot

Size: 4.9 Acres
Features: 2-5 Units/Acre

Details

Parcel number: 1032461700
Zoning: R-1:Single Fam-Res
Special conditions: Standard

Utilities & green energy

Sewer: Public Sewer
Utilities for property: Electricity Connected

Community & HOA

Community

Features: Suburban

Location

Region: Fallbrook

Financial & listing details

Tax assessed value: $86,376
Annual tax amount: $1,004
Date on market: 10/17/2025
Cumulative days on market: 410 days
Listing terms: Cash,Conventional,Submit

Estimated market value

Not available

Estimated sales range

Not available

$2,659/mo

Price history

Date	Event	Price
1/27/2026	Price change	$1,500,000-25%
Source: CRMLS #NDP2510072 Report a problem
10/18/2025	Listed for sale	$2,000,000
Source: CRMLS #NDP2510072 Report a problem
10/10/2025	Listing removed	$2,000,000
Source: SDMLS #ND25102123 Report a problem
6/23/2025	Listed for sale	$2,000,000-44.6%
Source: SDMLS #ND25102123 Report a problem
2/26/2015	Listing removed	$3,610,000
Source: Pacific Sotheby's Int'l Realty #150004336 Report a problem
1/26/2015	Listed for sale	$3,610,000-9.8%
Source: Pacific Sotheby's Int'l Realty #150004336 Report a problem
5/20/2014	Listing removed	$4,000,000
Source: RE/MAX United #140016842 Report a problem
4/1/2014	Listed for sale	$4,000,000
Source: RE/MAX United #140016842 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,004 +2.3%	$86,376 +2%
2024	$982 -2.3%	$84,683 +2%
2023	$1,005 0%	$83,023 +2%
2022	$1,005 +3.1%	$81,396 +2%
2021	$975 -0.9%	$79,800 +1%
2020	$984 +17.5%	$78,982 +2%
2019	$837 -12.1%	$77,434 +2%
2018	$952 +1.8%	$75,916 +2%
2017	$936 +2.2%	$74,428 +2%
2016	$915 +1.4%	$72,969 +1.5%
2015	$903 +1.7%	$71,873 +2%
2014	$888	$70,466 +0.5%
2013	--	$70,148 +2%
2012	--	$68,773 +2%
2011	--	$67,425 +0.8%
2010	--	$66,922 -0.2%
2009	--	$67,081 +2%
2008	--	$65,766

Find assessor info on the county website

Monthly payment

Estimated monthly payment$1,822

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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