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40789 Rock Mountain, Fallbrook, CA 92028

$1.40M3bd · 2ba · 2,540 sqft
Lot 86,684 sqft•Single Family Residence•
Active
•5d on market•MLS# IG-26227097

Property Description

ABSOLUTELY STUNNING - OVER 250K in Improvements!! Come Enjoy this Fully REMODELED Home sitting on 2 ACRES of Useable Land with BEAUTIFUL VIEWS of the Surrounding Mountains!! The Perfect Home for ALL Horse Lovers and OWNER-OPERATORS needing MORE SPACE with the Country Lifestyle * * Enjoy this EXPANSIVE Floor-Plan offering 2540sqft with 3 LARGE Bedrooms and 2 Bathrooms * * Beautifully REMODELED ISLAND Kitchen with QUARTZ Counters & Custom Back-Splash, Liquor Cabinet/Bar Area, Breakfast Counter for the Kids, NEW STAINLESS STEEL Appliance Package and Breakfast Nook to Enjoy Your Morning Coffee * * Separate FORMAL Living Room and Formal Dining Room is PERFECT for Family Gatherings * * The FAMILY ROOM offers a CUSTOM TILED Raised Hearth Fireplace, Wood Flooring Throughout and HIGH VOLUME Ceilings with (2) Ceiling Fans * * UPGRADED Throughout with Custom 2-Toned Interior Paint, DESIGNER FIXTURES, Custom Double Door Entry, Wrought Iron Stair Railing, Ceiling Fans, NEW Interior Decor Doors, REMODELED Bathrooms, NEW WOOD FLOORING, Recessed LED Lighting, NEW Vinyl Windows, NEW Base Molding, Newer Roof & AC, Custom Closet Doors, REMODELED Kitchen, PLANTATION SHUTTERS, Mirrored Wardrobes, REMODELED Kitchen, Rain Gutters, New Exterior Paint and SO MUCH MORE * * SPACIOUS Primary Bedroom Suite with PRIVATE BALCONY to ENJOY the SERENE VIEWS & a GIANT Walk-In Closet - And - FULLY REMODELED Primary Bathroom offers His & Her Sinks, CUSTOM TILED Walk-In Shower, Relaxing Garden Tub * * (2) Additional Nicely Appointed Downstairs Bedrooms each with Ceiling Fans and a FULLY REMODELED Bathroom with Custom Tiled Shower and Vanity * * Laundry Room with Plenty of Storage with Built-In Cabinets * * * * Private Gated Access on your TWO ACRE Parcel and includes your (3) CAR Attached Garage with Designated RV/Trailer Pad, COVERED Patio with Brick Pavers, Covered Horse Stalls/Mare Motel for (5) Horses with Riding Arena 180' x 90' & Tack-Room/Shed and Separate Wash Rack, Chicken Coop/Animal Pen, Your Own Producing Fruit Tree Orchard with over 100 Trees and ROOM for Animals, ADU/Workshop, Trucks, RV/Trailers and MORE * * SECLUDED & PRIVATE Location...Only 7 minutes from Town with Access to all Amenities * * This Home is Located in an Exclusive Enclave of Million Dollar Homes and Just 2 miles to Santa Margarita Trails where you can ride off the property or trailer to Sandia Creek Staging Area - Or just ride the Neighborhood Trails * * The PERFECT BLEND of Comfort, Space and Functionality!

Features & Amenities

FallbrookFeeBuilt 1991

Property Details

Subdivision
Fallbrook
Land Type
Fee
Year Built
1991
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
9
Garage Spaces
3
Heating
Central, Fireplace(s), Forced Air
Cooling
Central Air
View
Canyon, Hills, Mountain(s), Panoramic, Trees/Woods
Flooring
Carpet, Tile, Wood
Roof
Tile, Concrete
City
Fallbrook
Zip Code
92028
County
San Diego
Listed byElevate Real Estate Agency, Tom Tennant

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$7,074.11
Principal & Interest
Loan Amount
$1,119,200
Total Interest
$1,427,478
Total Payment Over 30 Years
$2,546,678
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

40789 Rock Mountain, Fallbrook, CA 92028

Fallbrook · Fallbrook · Single Family Residence

$1.40M
Residential Tier
Beds
3
Baths
2
Sqft
2,540
Lot
1.99 ac
Year
1991
$/Sqft
$551
Pool: No✓
View: city✓
Garage: 3-car✓

Listed 9.3% above the median closed sale of $1,280,000. Price per sqft ($551) is a 20% premium to closed comps ($460).

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $1.40M· $551/sqft
Total list price
Closed comps
vs closed median $1.28M
+$119K (+9.3%)
Active comps
vs active median $1.23M
+$174K (+14.2%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $378
+$173 (+45.9%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
40461 Rock MountainFallbrook1984574,53249,658$270$1.23M3668
2890 Vista Del RioFallbrook1983432,94990,169$407$1.20M1653
40340 Sandia Creek DrFallbrook1991442,988283,140$477$1.43M37450
1094 Hillcrest View LaneFallbrook2003443,65765,340$328$1.20M1946
26525 Carancho RoadTemecula2008453,689232,175$406$1.50M29641
Total: 5 · Average4.24.63,563144,096.4$377.6$1.31M148.2
Median3,657$1.23M

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
38064 De Luz RoadFallbrook199412/19/2025332,475163,350$1.25M$1.20M$4850.9611858
2970 El Coyote RunFallbrook200809/08/2026322,000282,269$1.27M$1.28M$6401.006453
2187 Mil Sorpresas DriveFallbrook198505/20/2026443,37851,401$1.58M$1.49M$4400.947950
1175 RiverviewFallbrook195405/21/2026443,496328,878$1.22M$1.22M$3501.008448
2247 Margarita GlenFallbrook200607/17/2026343,864266,587$1.49M$1.49M$3861.0013336
Total: 5 · Average3.43.43,042.6218,497$1.34M$1.34M$460.2—95.6
Median3,378$1.28M$1.28M

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.