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$399,000
● Land - For Sale

1645 Santa Margarita

Fallbrook, CA 92028
bedrooms
Studio
bathrooms
0 Bath
$1,960
Est. Monthly

About This Property

Welcome to a rare opportunity to build your dream home in beautiful Fallbrook. Situated on approximately 2.5 acres, this vacant homesite is one of the few remaining open parcels within an established neighborhood of beautiful custom homes. With stunning panoramic views, a peaceful setting, and mature surroundings already in place, this is a special opportunity to create something uniquely your own.

The property features an existing building pad along with mature citrus trees that add charm and character to the land. A70 Limited Agricultural zoning offers flexibility for a variety of residential and agricultural possibilities, including a custom or manufactured home, ADU, expanded orchard, gardens, and other agricultural uses, subject to County approval. Imagine designing a home that embraces the views, generous outdoor living spaces, gardens, and the relaxed Southern California lifestyle. Located just minutes from downtown Fallbrook, the property offers a wonderful balance of privacy and convenience with easy access to the 15 freeway, local restaurants, shops, wineries, and surrounding communities.

Opportunities to build within an already established neighborhood like this are increasingly hard to find. If you haven't found the perfect home, perhaps it's time to build it. Bring your vision and create something truly special at 1645 Santa Margarita Drive.
Unit Size
-
Days on Market
56 days
Land Size
2.51 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
1973

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Last updated: 2 months ago (CRMLS #NP26186675)

Price History

Date / Event Date Event Price
Aug 27, 2026 Listed by Compass $399,000
Listed by Compass

Property Highlights

With View
Exterior Details
Lot Features: LotOver40000Sqft
Lot Size Area: 109336
Lot Size Units: Square Feet
Lot Size Acres: 2.51
Lot Size Square Feet: 109336
Tax Lot: 4
Water Source: Public

Building Info

Overview

    General

  • Year Built: 1973
  • Bedroom Count: 2
  • Full Bathrooms: 2
  • 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: 0
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 109,336
  • Total Building Area: 2,429
  • Building Area: 2,429

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: V
  • Land Acres: 0000002510
  • Standard Land Use Code: 8001
  • County Land Use Code: 10
  • Legal Description 1: SEC 18-9-3W LOT 4 DOC37652REC71 IN

Neighborhood

  • School District Name: Fallbrook Union Elementary School District
  • Census Tract: 018903

Zoning

  • Zoning: A70

Geography

  • Assessors Map Reference: 5-C1
  • Parcel: 105-481-03-00
  • Lot: 4
  • Municipality: FALLBROOK UNION
  • Latitude: 33.4011
  • Longitude: -117.241

    Address

  • Full Address: 1645 Santa Margarita Dr
  • Address - House Number: 1645
  • 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: $282,830
  • Tax Rate Code Area: 75-022

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $260,036
  • Assessed Land Value: $260,036

    Sales

  • Current Sale Recording Date: Jan 29, 1991
  • Current Sale Price:
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 40064
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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Nearby Rentals

Unit for rent at 1361 De Luz Road, FALLBROOK, CA, 92028

$3,500 /mo

  • 4 Beds
  • 3 Baths
  • 1,920 ft²
1361 De Luz Road, FALLBROOK, CA, 92028 Listing by Mark Ravanpak
Unit for rent at 326 Old Stage Court, FALLBROOK, CA, 92028

$3,400 /mo

  • 3 Beds
  • 3 Baths
  • 1,509 ft²
326 Old Stage Court, FALLBROOK, CA, 92028 Listing by Carmen Petrosian


Frequently Asked Questions

When was property at 1645 Santa Margarita Drive built and last sold?
The property at 1645 Santa Margarita Drive was built in 1973 and last sold on Jan 1, 1970 for $275,000.
How much is this home worth?
The estimated value of the home located at 1645 Santa Margarita Drive is $402,990.
What are some comparable homes to 1645 Santa Margarita Drive?
There are currently no comparable homes to 1645 Santa Margarita Drive.