1917 Santa Margarita Drive
About This Property
Step inside to soaring exposed beam ceilings, travertine flooring and dramatic floor-to-ceiling windows that showcase the views and flood the home with natural light and frame the views of the infinity-edge pool, rolling hills and canyon beyond.
The open concept floor plan flows seamlessly from the elegant great room to the dining area and into the gourmet kitchen. The chef's kitchen is a true showpiece, featuring top-of-the-line appliances, granite counters, custom cabinets, pendant lighting and walk-in pantry. The adjoining breakfast room opens to a covered patio - perfect for morning coffee or entertaining al fresco.
A private primary suite offers a luxurious spa-like bath with soaking tub, dual vanities and his and hers closets. Get the morning workout done in the private gym located in the adjacent loft area.
This exceptional residence offers an expansive layout with each additional bedroom featuring an en-suite private bath. The executive office is perfect for remote work with wood finishes and custom built-ins. For the wine connoisseur, the home includes a personal wine room custom cabinetry to showcase your finest vintages. The tasteful decor/art work and high end furnishings are included in the sale.
The 6.87 acres includes a professionally managed avocado grove and a 3.63 acre building site, a rare opportunity to expand or create a family compound.
Located in Edgewater Estates a gated community of custom homes this property is just minutes from downtown Fallbrook but worlds away from ordinary.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 20, 2026 | Sold | ||
| Sold | |||
| Jun 30, 2026 | In contract | - | |
| In contract | |||
| Mar 12, 2026 | Price Decreased |
$2,995,000
↓ $200K
(6.3%) | |
| Price Decreased | |||
| Feb 10, 2026 | Listed by Coldwell Banker Village Properties | $3,195,000 | |
| Listed by Coldwell Banker Village Properties | |||
| Jul 10, 2025 | Listed | $3,345,000 | |
| Listed | |||
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Discover luxury and craftmanship in this breathtaking Tuscan-inspired estate set of 6.37 private acres overlooking the Santa Margarita River Valley. The main residence offers 5,751 sq ft of living space, complemented by a 780 sq ft guest apartment featuring 2 bedrooms and 1 bath - perfect for visitors or extended family.
Step inside to soaring exposed beam ceilings, travertine flooring and dramatic floor-to-ceiling windows that showcase the views and flood the home with natural light and frame the views of the infinity-edge pool, rolling hills and canyon beyond.
The open concept floor plan flows seamlessly from the elegant great room to the dining area and into the gourmet kitchen. The chef's kitchen is a true showpiece, featuring top-of-the-line appliances, granite counters, custom cabinets, pendant lighting and walk-in pantry. The adjoining breakfast room opens to a covered patio - perfect for morning coffee or entertaining al fresco.
A private primary suite offers a luxurious spa-like bath with soaking tub, dual vanities and his and hers closets. Get the morning workout done in the private gym located in the adjacent loft area.
This exceptional residence offers an expansive layout with each additional bedroom featuring an en-suite private bath. The executive office is perfect for remote work with wood finishes and custom built-ins. For the wine connoisseur, the home includes a personal wine room custom cabinetry to showcase your finest vintages.
The 6.87 acres includes a professionally managed avocado grove and a 3.63 acre building site, a rare opportunity to expand or create a family compound.
Located in Edgewater Estates a gated community of custom homes this property is just minutes from downtown Fallbrook but worlds away from ordinary.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017