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3264 Shearer Xing, Fallbrook, CA 92028

List Price: $3,900,000On Market FlagOn market
Nov 15, 20243,313 sqft4 beds3 baths
Listed by: Greg Goodell
License #: 01920912
Phone #: 760-576-1700
Redfin Corporation
Source:
CRMLS Logo
MLS #: 240026943SD

Property Description

Discover your own slice of paradise with this custom Spanish-style home set on an expansive 93.36-acre lot in Fallbrook with private well producing all the water for the entire property. This property has overlying water rights to the San Luis Rey River, giving you an excess of water for the entire property. Boasting panoramic views and fresh paint, this move-in-ready property offers endless possibilities. Whether you're looking for a horse farm, active extreme riding, or space for motorcycles, this land provides the perfect setting. For those seeking an even grander opportunity, embrace a once-in-a-lifetime chance to own a breathtaking 93-acre orange and avocado farm complete with a comprehensive well water system and a stunning custom Spanish-style home overlooking lush, fruitful groves. This hilltop estate features a swimming pool & jacuzzi, offering breathtaking panoramic views of the surrounding mountains, citrus groves, apple orchards, avocados, and the San Luis Rey River. The property includes approximately 25 acres of flat land and rolling hills, ideal for avocado cultivation. Zoned A70/A72, it allows for agriculture and subdivision with 4-acre minimum lot sizes. A diverse variety of fruit trees flourish here, including Valencia Orange, Satsuma Mandarin, Avocado (Hass, Gwen, Lamb & H287), Fuyu Persimmon, Apple, Pummelo, Blood Orange, Kinnow Mandarin, and Peach. A mixed garden offers apricot, plum, apple, grape, almond, olive, and blackberry, with ample room for additional plantings. This property is fully equipped with two high-producing wells, each 65 feet deep and capable of pumping 1,000 gpm, with current production at 340 gpm at 65 psi. One well has a 20 hp submersible pump, and the other is diesel-driven with a gearhead on a lineshaft turbine. The water is pumped to the top of the hill where it is filtered for the home and supplies water for the home and entire farm. The home has a unique floor plan which includes four bedrooms, a living room, family room, loft, two fireplaces, two offices, and two balconies perfect for taking in the views. The home offers multiple living spaces on different levels, providing privacy and convenience. This land is rich in history, having been cherished by the seller's family for generations. The home is just off Pankey Rd, which was named for one of the family members who played a crucial role in developing Fallbrook's citrus and avocado industry. With its immense potential and versatile appeal, this property offers a once in a lifetime opportunity to continue a storied tradition while forging your own legacy.
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“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

TurboHome Savings

$66,252

TurboHome Estimated Value

$4,158,400

$1,255 sqft

High Valuation
$4,366,320
$1318/sqft
Normal Valuation
$4,158,400
$1255/sqft
Low Valuation
$3,950,480
$1192/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$1255/sqft$4,158,400

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