Property Description
Endless Potential on a fully fenced, 10+ Acre Opportunity in the Heart of Fallbrook. Welcome to your private hilltop retreat, a beautifully remodeled 3-bedroom, 2.5-bathroom home on 10.6 acres of lush, usable land in scenic Fallbrook. Spanning just over 2,500 square feet, this home was fully renovated in 2024 and offers panoramic views, serene privacy, and room to grow.. literally. The land has been lovingly cultivated and features a wide variety of fruit and vegetable trees, making it ideal for homesteading, gardening, or simply enjoying your own slice of nature. The property is fully gated, solar-powered (paid off!), and includes a home and termite inspection for peace of mind. What truly sets this home apart are the approved plans for a stunning expansion: the opportunity to convert the existing home into a 6-bedroom, 4.5 bathroom estate with a large walkout balcony, plus a detached 2 bedroom, 1 bathroom ADU. Whether you're looking to build a multigenerational compound, create a retreat-style escape, or invest in rental income potential, the groundwork has already been laid. Fallbrook is known for its charm, privacy, and natural beauty, and this property is the perfect blend of move-in-ready comfort and future possibility. Plans are available for review upon request. This is a rare chance to own acreage, views, and value in one of North County’s most desirable rural communities. To be sold AS-IS.
Get a detailed valuation report, schedule a tour or make an offer!
“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”
TurboHome Fair Market Estimate
TurboHome Savings
$14,988
TurboHome Estimated Value
$1,087,100
$434 sqft
High Valuation
$1,141,455
$456/sqft
Normal Valuation
$1,087,100
$434/sqft
Low Valuation
$1,032,745
$413/sqft
3rd Party Estimates
Source | $/sqft | Valuation |
---|---|---|
HouseCanary | $434/sqft | $1,087,100 |
Get a detailed valuation report, schedule a tour or make an offer!
“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”
Neighborhood
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Comparative Value
$1.13M
$1.14M
$1.18M
305 Rainbow Crest Rd, Fallbrook, CA 92028
Sale Price: $1,125,000
Selected Comparable
6132 Rainbow Heights Rd, Fallbrook, CA 92028
Sale Price: $1,137,000
Selected Comparable
9202 Moon Ridge Rd, Fallbrook, CA 92028
List Price: $1,175,000
Subject Property
Neighborhood Comps
Subject Property
SUBJECT9202 Moon Ridge Rd, Fallbrook, CA 92028
List: $1,175,000
Listed: 7/23/2025
Area:2,502 sqft
Price/sqft:$470
Beds:3
Baths:3
Year Built:—
Lot Size:461,736
Comparable Properties
COMPARABLEChoose comps
6132 Rainbow Heights Rd, Fallbrook, CA 92028
Sale: $1,137,000
7/14/2025 • 1.10 mi
Area:2,820 sqft
Price/sqft:$403
Beds:3
Baths:3
Year Built:—
Weight:59.2%
305 Rainbow Crest Rd, Fallbrook, CA 92028
Sale: $1,125,000
2/18/2025 • 1.20 mi
Area:3,014 sqft
Price/sqft:$373
Beds:4
Baths:3
Year Built:—
Weight:40.8%
Subject Property
SUBJECTImage | Address | List Price | sqft | Price/sqft | Lot Size | Distance | List Date | Beds | Baths | Year Built | Weight |
---|---|---|---|---|---|---|---|---|---|---|---|
9202 Moon Ridge Rd, Fallbrook, CA 92028 | $1,175,000 | 2,502 | $470 | 461,736 | — | 7/23/2025 | 3 | 3 | — | — |
Comparable Properties
COMPARABLEChoose comps
Image | Address | Sale Price | sqft | Price/sqft | Lot Size | Distance | Sale Date | Beds | Baths | Year Built | Weight |
---|---|---|---|---|---|---|---|---|---|---|---|
6132 Rainbow Heights Rd, Fallbrook, CA 92028 | $1,137,000 | 2,820 | $403 | 281,397 | 1.10 mi | 7/14/2025 | 3 | 3 | — | 59.2% | |
305 Rainbow Crest Rd, Fallbrook, CA 92028 | $1,125,000 | 3,014 | $373 | 435,600 | 1.20 mi | 2/18/2025 | 4 | 3 | — | 40.8% |
Nearby Listings
23 similar properties within 5 miles

List Price: $1,133,000
944 Rainbow Crest Rd, Fallbrook, CA 92028
3 bd 2 ba 2,120 sqft
TurboHome Est. Value:
$1,306,300

List Price: $1,270,000
1078 Rainbow Crest Rd, Fallbrook, CA 92028
2 bd 2 ba 1,967 sqft
TurboHome Est. Value:
$1,381,100

List Price: $1,060,000
35916 Rice Canyon Rd, Fallbrook, CA 92028
3 bd 2 ba 1,536 sqft
TurboHome Est. Value:
$1,006,100
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