
40461 Rock Mountain, Fallbrook, CA 92028
40461 Rock Mountain, Fallbrook, CA 92028
Property Description
Gorgeous Private Multi Generation Home - Paid Off Solar! 4,532 sq. ft. of flexible living space on 1.14 acres. The main residence features 5 bedrooms, 6.5 bathrooms, 2 full kitchens, multiple living areas, 3 laundry locations, an oversized 3-car garage, massive workshop and an office/potential 6th bedroom with a closet behind the garage. Ideal for multigenerational living, extended family, guests, work-from-home needs or potential rental income. One of the home's most unique features is how easily it can function as one large residence or two separate living spaces. Upstairs are 4 bedrooms and 4 bathrooms, plus a kitchen and living area, while downstairs features the primary suite, main kitchen, family room, breakfast area and additional living spaces. An existing interior locking door is all that separates an approximately 1,000 sq. ft private living area with 2 bedrooms, 2 bathrooms, full kitchen, living room, balcony and two separate entry points. Simply lock the connecting door for a private ADU-style living arrangement, or unlock it and the space flows seamlessly back into the main residence. An incredibly easy and versatile setup for extended family, adult children, guests or potential rental use. The downstairs primary suite features a large walk-in closet, private deck with beautiful views, separate his-and-hers toilet areas and an outdoor-inspired shower surrounded by natural rock and greenery. The main kitchen opens to the family room and breakfast area and includes two pantries. French doors open to outdoor living areas and views. A formal dining area, sitting/living room and guest half bath complete the main living areas. Behind the garage, the large woodworking workshop offers multiple private access points. An additional room with a small closet is currently used as an office but offers potential as a 6th bedroom, studio, gym or hobby room (see virtual photo). This spacious home has dual AC systems, newer roof and oversized garage. Large separate storage room, multiple laundry areas including a large inside laundry room with sink, has an additional shower and toilet with direct access to the patios and workshop area! Views, and private yard offers avocado, citrus, pomegranate, persimmon, loquat, peach and macadamia trees, plus irrigated raised garden beds. Enjoy peaceful Fallbrook living, with minutes to local winery, Rock Mountain and Santa Margarita River trails, 10 minutes to down town Fallbrook!
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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 ListingsComparative Market Analysis
Luxury Tier · 5 active · 5 closed
Fallbrook · Fallbrook · Single Family Residence
Listed 11.9% above the median closed sale of $1,095,000. Price per sqft ($270) is a 32% discount to closed comps ($398). Expect a longer timeline — comps averaged 120 days on market. Luxury tier — fewer comparable sales widen the confidence range.
Price Position
Positioned above the market — commands a premium.
Active Properties (5)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 40789 Rock Mountain | Fallbrook | 1991 | 3 | 2 | 2,540 | 86,684 | $551 | $1.40M | 4 | 72 |
| 2713 Mission | Fallbrook | 2003 | 4 | 3 | 2,482 | 62,291 | $544 | $1.35M | 131 | 54 |
| 365 Charles Swisher Court | Fallbrook | 2008 | 5 | 4 | 3,401 | 17,860 | $375 | $1.27M | 34 | 47 |
| 1094 Hillcrest View Lane | Fallbrook | 2003 | 4 | 4 | 3,657 | 65,340 | $328 | $1.20M | 19 | 44 |
| 2890 Vista Del Rio | Fallbrook | 1983 | 4 | 3 | 2,949 | 90,169 | $407 | $1.20M | 16 | 42 |
| Total: 5 · Average | 4.0 | 3.2 | 3,005.8 | 64,468.8 | $441 | $1.28M | 40.8 | |||
| Median | 2,949 | $1.27M | ||||||||
Closed Properties (5)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 750 Jericho | Fallbrook | 1984 | 10/29/2026 | 5 | 5 | 3,699 | 52,708 | $1.28M | $1.25M | $338 | 0.98 | 135 | 60 |
| 510 Hilbert Drive | Fallbrook | 1990 | 07/01/2026 | 3 | 3 | 2,740 | 194,713 | $1.13M | $1.09M | $400 | 0.97 | 263 | 57 |
| 1175 Riverview | Fallbrook | 1954 | 05/21/2026 | 4 | 4 | 3,496 | 328,878 | $1.22M | $1.22M | $350 | 1.00 | 84 | 52 |
| 4241 Via El Dorado | Fallbrook | 1991 | 10/15/2026 | 3 | 2 | 2,134 | 101,495 | $1.05M | $1.06M | $499 | 1.01 | 68 | 51 |
| 1943 James Gaynor | Fallbrook | 2007 | 08/11/2026 | 3 | 3 | 2,623 | 17,313 | $1.07M | $1.06M | $404 | 0.99 | 49 | 47 |
| Total: 5 · Average | 3.6 | 3.4 | 2,938.4 | 139,021.4 | $1.14M | $1.14M | $398.2 | — | 119.8 | ||||
| Median | 2,740 | $1.09M | $1.09M | ||||||||||
Market Analysis
List vs Sale $/SqFt
Sale Price Trend
Days on Market
Sale vs List Price
This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.