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3237 Canonita Drive, Fallbrook, CA 92028

$1.07M3bd · 3ba · 2,624 sqft
Lot 2 sqft•Single Family Residence•
Active
•53d on market•MLS# ND-26196758

Property Description

Fallbrook acreage with expansive views, a producing avocado grove & ADU/sport court/pool potential! This well-maintained 3-bedroom, 2.5-bath, 2,624 sq ft home sits on 2.07 private acres and offers a rare opportunity to build a detached ADU with its own private driveway—ideal for rental income, multigenerational living, or guests. Seventy five producing avocado trees with irrigation infrastructure for up to 150, plus usable land for hobby farming, gardening, recreation, and entertaining. Features include an updated kitchen, vaulted wood-beam ceilings, wood-burning fireplace, Trex deck, new paver driveway, updated roof and HVAC, and large 2-car garage. Buyers may also want to explore rural land financing options that could make owning acreage more attainable. Minutes to I-15, approximately 20 minutes to Temecula and 30 minutes to the coast. A unique opportunity to enjoy rural living with room to grow. Property highlights: • 2.07 acres with a 75-tree producing avocado grove, irrigation set up for up to 150 trees • 20 minutes to Old Town Temecula, 30 minutes to the beach • Minutes to I-15 and 3 minutes to Monserate Winery • Usable land for recreation or entertaining • Updated concrete tile roof and HVAC • Space to add an ADU for rental or multigenerational living • Well-maintained septic system

Features & Amenities

FallbrookFeeBuilt 1979

Property Details

Subdivision
Fallbrook
Land Type
Fee
Year Built
1979
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
7
Garage Spaces
2
Heating
Central, Fireplace(s), Forced Air
Cooling
Central Air
View
Canyon, Courtyard, Hills, Mountain(s), Orchard, Panoramic
Roof
Concrete
City
Fallbrook
Zip Code
92028
County
San Diego
Listed byFilkey & Associates, Charles G Filkey

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$5,435.79
Principal & Interest
Loan Amount
$860,000
Total Interest
$1,096,883
Total Payment Over 30 Years
$1,956,883
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

About Fallbrook

This property is located in Fallbrook, a community in Fallbrook. Explore more listings in this neighborhood to compare options and pricing.

View Fallbrook Listings

Comparative Market Analysis

Residential Tier · 5 active · 5 closed

3237 Canonita Drive, Fallbrook, CA 92028

Fallbrook · Fallbrook · Single Family Residence

$1.07M
Residential Tier
Beds
3
Baths
3
Sqft
2,624
Lot
2.07 ac
Year
1979
$/Sqft
$410
Pool: No✓
Spa: No✓
View: city✓
Garage: 2-car✓

Listed in line with the median closed sale of $1,050,000. Price per sqft ($410) is a 11% discount to closed comps ($462).

Price Position

Aligned with the market — fair pricing for the comps.

At market
Subject listed at $1.07M· $410/sqft
Total list price
Closed comps
vs closed median $1.05M
+$25K (+2.4%)
Active comps
vs active median $1.08M
−$4K (−0.4%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $591
−$181 (−30.6%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
3162 Reche RoadFallbrook1990332,36456,628$397$939,0007582
2645 Daisy LnFallbrook1978332,48348,787$443$1.10M4471
3101 Cherrypoint CourtFallbrook1965331,78410,890$532$949,0002469
3830 Lake Garden DriveFallbrook1987442,90098,446$396$1.15M1460
2125 Puerto Del MundoFallbrook200611908987,941$1,188$1.08M10657
Total: 5 · Average2.82.82,087.8240,538.4$591.2$1.04M52.6
Median2,364$1.08M

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
1766 Rabbit HillFallbrook199311/18/2025443,20292,783$1.32M$1.20M$3750.915579
1638 Scooter LaneFallbrook199005/08/2026332,15249,658$1.05M$1.05M$4881.003677
3730 Poppy LaneFallbrook196211/25/2025332,46691,912$1.10M$1.03M$4180.947568
2614 Secret Lake LaneFallbrook199012/02/2025432,61248,351$1.30M$1.20M$4590.927763
3625 Laketree DriveFallbrook197405/26/2026321,68715,794$949,000$960,000$5691.014852
Total: 5 · Average3.43.02,423.859,699.6$1.09M$1.09M$461.8—58.2
Median2,466$1.05M$1.05M

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.