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Fallbrook 92028 Fallbrook
1609 Santa Margarita Drive
$1,560,000
● House - Off Market

1609 Santa Margarita Drive

Fallbrook, CA 92028
bedrooms
4 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
3,780 Ft²
$8,225
Est. Monthly

About This Property

1609 Santa Margarita Drive, Fallbrook, CA-this custom estate offers 4 bedrooms, 4 bathrooms, and 3,780 sq. ft. of refined living space on 3.78 acres of premier equestrian and agricultural land. Designed for those who value craftsmanship and privacy, the home blends timeless architecture with warm natural materials, including 1" solid hickory floors, hand-carved beams, a dramatic 17' vaulted entry, and detailed brickwork. The gourmet kitchen features a GE Monogram built-in refrigerator, Elmira antique reproduction stove, pot filler, and new dual GE Profile dishwashers. A private 600 sq. ft. guest house with its own bed, bath, and entrance is ideal for extended family or visitors. Above the main home, a 1,200 sq. ft. semi-finished attic with soaring 17' ceilings offers excellent potential for added living space or a studio. Equestrian amenities include a 4-stall barn, riding arena, tack room with bath and laundry hookups, trailer/RV parking with utilities, and keyed access to the gated Santa Margarita Horse Trails for miles of riverfront riding. Agricultural features include 218 producing Hass avocado trees supported by a high-output well and computerized irrigation. Additional highlights include multiple garages, RV parking, zoned HVAC, surround sound, and sweeping views of the Santa Margarita River Valley-creating a serene and elevated ranch lifestyle. We invite you to experience this exceptional property in person and discover the unique beauty it offers.
Unit Size
3,780 Ft²
Days on Market
159 days
Land Size
3.78 acres
Price per sqft
$443
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2004

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Last updated: 6 months ago (SDMLS #250044358SD)

Price History

Date / Event Date Event Price
Apr 28, 2026 Sold
Sold
Apr 22, 2026 In contract -
In contract
Mar 5, 2026 Price Decreased $1,675,000
↓ $75K (4.3%)
Price Decreased
Jan 27, 2026 Price Decreased $1,750,000
↓ $75K (4.1%)
Price Decreased
Nov 19, 2025 Listed by Real Broker $1,825,000
Listed by Real Broker

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2004
  • Effective Year Built: 2004
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Parking Space Count: 4
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0
  • Location Influence Type: 224

    Dimensions

  • Lot Size Square Feet: 164,657
  • Total Building Area: 3,607
  • Building Area: 3,607
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 3,607
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 4
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SURVEY MAP 5816
  • Land Acres: 0000003780
  • Standard Land Use Code: 1001
  • County Land Use Code: 11
  • Legal Description 1: SEC 18-9-3W NWQ PAR 2 PER ROS 5816 IN W H OF

Neighborhood

  • School District Name: Fallbrook Union Elementary School District
  • School Tax School District: FALLBROOK UNION
  • Census Tract: 018903

Zoning

  • Zoning: A70

Geography

  • Assessors Map Reference: 5-C1
  • Parcel: 105-481-04-00
  • Lot: 4
  • Meridian: SEC 18 TWN 09 RNG 03W
  • Municipality: FALLBROOK UNION
  • Latitude: 33.4006
  • Longitude: -117.242

    Address

  • Full Address: 1609 Santa Margarita Dr
  • Address - House Number: 1609
  • Address - Street Name: Santa Margarita
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Fallbrook
  • Carrier Code: C002
  • 4-Digit Zip Code: 1640
  • Zip Code: 92028

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,419,048
  • Tax Rate Code Area: 75-022

    Appraisal Valuation

  • Standard Deviation: 0.1612
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 79
  • Final Value: 1,785,600
  • High Value: 2,073,478
  • Low Value: 1,497,723

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,338,620
  • Assessed Land Value: $446,206
  • Assessed Improvements Value: $892,414

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 15, 2017
  • Current Sale Recording Date: Jun 20, 2017
  • Current Sale Price:
  • Current Sale Document Type: 36
  • Current Sale Input Document Number: 2017-0277016
  • Previous Sale Recording Date: Sep 02, 1997
  • Previous Sale Contract Date: Aug 28, 1997
  • Previous Sale Amount: $440,000
  • Previous Sale Document Type: 36
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Fallbrook


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Frequently Asked Questions

When was property at 1609 Santa Margarita Drive built and last sold?
The property at 1609 Santa Margarita Drive was built in 2004 and last sold on May 15, 2017 for $1,200,000.
How much is this home worth?
The estimated value of the home located at 1609 Santa Margarita Drive is $1,682,816.
What are some comparable homes to 1609 Santa Margarita Drive?
There are currently no comparable homes to 1609 Santa Margarita Drive.