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For sale
  • $1,825,000

    1609 Santa Margarita Dr, Fallbrook, CA 92028

    4beds
    3,780sqft
    : 
    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
    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.
    21 days
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    881
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    38
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    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#: 250044358MLS LogoOriginating 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
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    Estimated market value

    $1,767,000

    $1.68M - $1.86M

    $5,183/mo

    Price history

    Price history
    DateEventPrice
    11/20/2025Listed for sale$1,825,000+52.1%$483/sqft
    Source: SDMLS #250044358 Report a problem
    6/20/2017Sold$1,200,000+0.1%$317/sqft
    Source: Public Record Report a problem
    5/9/2017Pending sale$1,199,000-20%$317/sqft
    Source: Realty One Group, Inc. #SW17089747 Report a problem
    7/15/2015Listed for sale$1,499,000+240.7%$397/sqft
    Source: Coldwell Banker Village Properties #150038357 Report a problem
    9/2/1997Sold$440,000$116/sqft
    Source: Public Record Report a problem

    Public tax history

    Public tax history
    YearProperty taxesTax 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
      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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