See Home Value
$1,049,000
● House - Off Market

1866 Santa Margarita

Fallbrook, CA 92028
bedrooms
3 Beds
bathrooms
3 Baths
square feet
2,179 Ft²
$5,284
Est. Monthly
$30
HOA / Fees

About This Property

Perched high above the Santa Margarita Valley, this Fallbrook sanctuary offers an unparalleled blend of elevated luxury, absolute peace, and vibrant natural beauty-all just minutes from the heart of the "Friendly Village." Breathtaking panoramic vistas, ocean breezes, and golden-hour sunsets serve as the backdrop to everyday life, enjoyed from the expansive 475-square-foot wrap-around view deck.  Start your day with a hike or ride horses along the Santa Margarita River nearby then enjoy coffee in your lush grounds, shady gardens & fruit trees. Arriving guests are welcomed through a gated entrance and convenient circular driveway featuring a large covered porte-cochere framing glass double entry doors and modern glass garage doors, establishing a graceful sense of arrival with ample space for guest and RV parking. Inside, the light-filled residence seamlessly balances classic charm with sophisticated entertaining spaces. The magnificent 30-foot great room boasts exposed beams, wall-to-wall picture windows framed by white plantation shutters, streaming light from 3 large clerestory windows and a versatile open area positioned to capture the incredible view. Start your day in the chef's kitchen featuring stainless appliances, concrete counters, brick detail and stylish roll-up window to effortlessly entertain, while 2 sets of French doors lead out to a large covered retreat patio with fireplace. The comfortable floorplan features an indoor laundry room, a tranquil primary view suite, versatile entry-level guest en-suite and solar system. Remodeled bath is focused on natural elements with new lighting, stunning live edge vanity counter and hammered copper sink. Generous grounds with ample room to enjoy gathering, the owners have hosted beautiful weddings and parties under the tree canopy with ambient market lighting.
Unit Size
2,179 Ft²
Days on Market
62 days
Land Size
1.37 acres
Price per sqft
$491
Property Type
House
Property Taxes
-
HOA Dues
$30
Year Built
1979

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Last updated: 5 days ago (SDMLS #NDP2607568)

Price History

Date / Event Date Event Price
Oct 13, 2026 Sold
Sold
Sep 12, 2026 In contract -
In contract
Aug 11, 2026 Listed by Coldwell Banker Realty $1,070,000
Listed by Coldwell Banker Realty

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1979
  • Effective Year Built: 1979
  • 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: 3
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0
  • Location Influence Type: 224

    Dimensions

  • Lot Size Square Feet: 58,370
  • Total Building Area: 2,179
  • Building Area: 2,179
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 2,179
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001340
  • Standard Land Use Code: 1001
  • County Land Use Code: 11
  • Legal Description 1: SEC 7-9-3W POR

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: 102-440-22-00
  • Meridian: SEC 07 TWN 09 RNG 03W
  • Municipality: FALLBROOK UNION
  • Latitude: 33.4062
  • Longitude: -117.243

    Address

  • Full Address: 1866 Santa Margarita Dr
  • Address - House Number: 1866
  • Address - Street Name: Santa Margarita
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Fallbrook
  • Carrier Code: C002
  • 4-Digit Zip Code: 1643
  • Zip Code: 92028

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $603,008
  • Tax Rate Code Area: 75-022

    Appraisal Valuation

  • Standard Deviation: 0.1522
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 81
  • Final Value: 879,772
  • High Value: 1,013,713
  • Low Value: 745,831

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $566,030
  • Assessed Land Value: $254,137
  • Assessed Improvements Value: $311,893

    Sales

  • Current Sale Contract Date: Aug 21, 2019
  • Current Sale Recording Date: Aug 27, 2019
  • Current Sale Document Type: 40
  • Current Sale Input Document Number: 2019-0365235
  • Previous Sale Recording Date: Jun 12, 2015
  • Previous Sale Contract Date: Apr 30, 2015
  • Previous Sale Amount: $445,000
  • 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


Similar Homes for Sale

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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


Frequently Asked Questions

When was property at 1866 Santa Margarita Drive built and last sold?
The property at 1866 Santa Margarita Drive was built in 1979 and last sold on Aug 21, 2019 for $0.
How much is this home worth?
The estimated value of the home located at 1866 Santa Margarita Drive is $1,076,694.
What are some comparable homes to 1866 Santa Margarita Drive?
There are currently no comparable homes to 1866 Santa Margarita Drive.