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.
For sale
$1,825,000
1609 Santa Margarita Dr, Fallbrook, CA 92028
4beds
3,780sqft
Est.:
Single Family Residence
Built in 2004
3.78 Acres Lot
$1,767,000 Zestimate®
$483/sqft
$-- HOA
What's special
Rv parkingGourmet kitchenSurround soundRiding arenaDetailed brickworkZoned hvacElmira antique reproduction stove
- 21 days |
- 881 |
- 38 |
Zillow last checked: 8 hours ago
Listing updated: 12 hours ago
Listed by:
Mike Chiesl DRE #01783300 760-473-0000,
Real Broker
Source: SDMLS,MLS#: 250044358
Originating MLS: San Diego Association of REALTOR
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 5
- Full bathrooms: 4
- 1/2 bathrooms: 1
Heating
- Fireplace, Forced Air Unit
Cooling
- Central Forced Air
Appliances
- Included: Dishwasher, Fire Sprinklers, Garage Door Opener, Microwave, Range/Oven, Gas Range, Counter Top
- Laundry: Electric
Features
- Number of fireplaces: 3
- Fireplace features: FP in Family Room, FP in Living Room, FP in Primary BR
Interior area
- Total structure area: 3,780
- Total interior livable area: 3,780 sqft
Video & virtual tour
Property
Parking
- Total spaces: 17
- Parking features: Attached
- Garage spaces: 5
Features
- Levels: 2 Story
- Pool features: N/K
- Fencing: Partial
Lot
- Size: 3.78 Acres
Details
- Parcel number: 1054810400
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Stucco
- Roof: Concrete
Condition
- Year built: 2004
Utilities & green energy
- Sewer: Septic Installed
- Water: Meter on Property, Public
Community & HOA
Community
- Subdivision: FALLBROOK
Location
- Region: Fallbrook
Financial & listing details
- Price per square foot: $483/sqft
- Tax assessed value: $1,392,699
- Annual tax amount: $14,954
- Date on market: 11/20/2025
- Listing terms: Cash,Conventional,VA,Submit
Estimated market value
$1,767,000
$1.68M - $1.86M
$5,183/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 11/20/2025 | Listed for sale | $1,825,000+52.1%$483/sqft |
Source: | ||
| 6/20/2017 | Sold | $1,200,000+0.1%$317/sqft |
Source: Public Record Report a problem | ||
| 5/9/2017 | Pending sale | $1,199,000-20%$317/sqft |
Source: Realty One Group, Inc. #SW17089747 Report a problem | ||
| 7/15/2015 | Listed for sale | $1,499,000+240.7%$397/sqft |
Source: Coldwell Banker Village Properties #150038357 Report a problem | ||
| 9/2/1997 | Sold | $440,000$116/sqft |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $14,954 +2.4% | $1,392,699 +2% |
| 2024 | $14,602 +2.9% | $1,365,392 +2% |
| 2023 | $14,190 0% | $1,338,620 +2% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$11,455/mo
Principal & interest
$9037
Property taxes
$1779
Home insurance
$639
Climate risks
Neighborhood: 92028
Nearby schools
GreatSchools rating
- 6/10Fallbrook Street Elementary SchoolGrades: K-6Distance: 1.8 mi
- 4/10James E. Potter Intermediate SchoolGrades: 7-8Distance: 2.6 mi
- 6/10Fallbrook High SchoolGrades: 9-12Distance: 3.6 mi
Schools provided by the listing agent
- District: Fallbrook Union Elementary Distr
Source: SDMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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