Welcome home to this agricultural paradise with a water supply so abundant, it defies expectations. Boasting two high-producing wells and WATER RIGHTS TO THE SAN LUIS REY RIVER providing a virtually limitless flow to sustain farming, equestrian dreams, or other developments. The water infrastructure is truly unmatched with Two 65-foot-deep wells producing up to 1,000 GPM, currently operating at 340 GPM with 65 PSI; One well is powered by a 20HP submersible pump, the other by a diesel-driven line shaft turbine. Water delivery that spans the entire estate with ease and efficiency, including the house with a reverse osmosis system for potable water. The land is as rich and versatile as its water supply. Currently planted with 11 acres of mature orange trees (25+ years old), 20 acres of various producing avocado trees (ranging from 10 to 25+ years) and a vibrant variety of fruit trees, including mandarins, apples, persimmons, and peaches. You could harvest different fruits every month of the Year!
Approximately 20 acres of flat, usable terrain present an open canvas for expansion—whether envisioning a world-class equestrian facility, a luxury private estate compound, or a potential subdivision (A70/A72 zoning with 4-acre minimums).
Steeped in rich agricultural history, this land has been lovingly maintained by the same family whose legacy helped shape Fallbrook’s renowned citrus and avocado industry.
The home is majestically Perched atop a hillside, an exquisitely crafted Spanish-Pueblo style estate capturing the essence of timeless elegance and serene countryside living. Framed by panoramic vistas of lush orchards, rolling valleys, and distant mountains, the residence is a masterclass in architectural thoughtful design. Step inside to discover a warm, inviting interior from hand-laid Saltillo tile and rich wood flooring to plush carpeting in select bedrooms, every detail has been curated for both comfort and views. The expansive layout features 5 generously sized bedrooms, two dedicated offices, and an airy loft. The heart of the home, a sun-drenched kitchen, boasts a picture window that perfectly frames the sprawling orchard views. Two wood burning fireplaces lend warmth and character to the living spaces, creating cozy retreats for every season. Step out to the backyard where a resort-style pool and spa invite year-round relaxation. THIS IS THE PROPERTY YOU HAVE BEEN LOOKING FOR AND DESERVE!
Under contract
Listing Provided by: Berkshire Hathaway HomeServices California Properties
$4,200,000
3264 Shearer Xing, Fallbrook, CA 92028
--beds
--baths
93.36Acres
Unimproved Land
Built in ----
93.36 Acres Lot
$3,872,400 Zestimate®
$--/sqft
$-- HOA
What's special
Two high-producing wells
- 201 days |
- 50 |
- 1 |
Zillow last checked: 7 hours ago
Listing updated: February 28, 2026 at 09:46pm
Listing Provided by:
Gladstoni Silva DRE #01388576 760-431-3330,
Berkshire Hathaway HomeServices California Properties
Source: CRMLS,MLS#: ND25222032
Originating MLS: California Regional MLS
Facts & features
Interior
Video & virtual tour
Property
Features
- Fencing: Chain Link,Fair Condition
- Has view: Yes
- View description: City Lights, Hills, Mountain(s), Orchard
Lot
- Size: 93.36 Acres
- Features: Agricultural, Sloped Down, Horse Property, Sprinklers In Rear, Sprinklers In Front, Orchard(s), Near Public Transit, Ranch, Sprinklers Manual, Sloped Up
Details
- Parcel number: 1250630600
- Zoning: A70
- Special conditions: Standard
- Horses can be raised: Yes
Utilities & green energy
- Electric: Electricity - On Property
- Sewer: Septic Tank
- Water: Agricultural Well, Private, Well
- Utilities for property: Propane, Phone Connected, Sewer Available, Water Available
Community & HOA
Community
- Features: Curbs, Gutter(s), Rural, Street Lights
- Subdivision: Fallbrook
Location
- Region: Fallbrook
Financial & listing details
- Tax assessed value: $967,264
- Annual tax amount: $11,953
- Date on market: 9/20/2025
- Cumulative days on market: 202 days
- Listing terms: Cash,Conventional,Owner May Carry
- Road surface type: Paved
Estimated market value
$3,872,400
$3.68M - $4.07M
$6,465/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 3/12/2026 | Pending sale | $4,200,000 |
Source: | ||
| 3/1/2026 | Contingent | $4,200,000 |
Source: | ||
| 9/20/2025 | Listed for sale | $4,200,000+7.7% |
Source: | ||
| 9/9/2025 | Listing removed | $3,900,000 |
Source: | ||
| 7/24/2025 | Price change | $3,900,000-20.4% |
Source: | ||
| 5/23/2025 | Price change | $4,900,000-10.9% |
Source: | ||
| 2/26/2025 | Price change | $5,500,000-6.8% |
Source: | ||
| 11/15/2024 | Listed for sale | $5,900,000-10.6% |
Source: | ||
| 10/18/2024 | Listing removed | $6,600,000 |
Source: | ||
| 7/26/2024 | Listed for sale | $6,600,000-26.7% |
Source: | ||
| 4/24/2019 | Listing removed | $8,999,000 |
Source: Coldwell Banker Residential Brokerage - Encinitas/La Costa #180026152 Report a problem | ||
| 3/13/2019 | Price change | $8,999,000+12.6% |
Source: Coldwell Banker Residential Brokerage - Encinitas/La Costa #180026152 Report a problem | ||
| 5/17/2018 | Price change | $7,990,000-20.1% |
Source: Coldwell Banker Residential Brokerage - Encinitas/La Costa #180026152 Report a problem | ||
| 1/12/2018 | Listed for sale | $10,000,000 |
Source: Coldwell Banker Res Brokerage #180002298 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $11,953 +1.8% | $967,264 +2% |
| 2024 | $11,743 +1.6% | $948,299 +2% |
| 2023 | $11,557 +21.5% | $929,705 +2% |
| 2022 | $9,511 +1.8% | $911,477 +2% |
| 2021 | $9,343 +0.8% | $893,606 +1% |
| 2020 | $9,268 +2.1% | $884,444 +2% |
| 2019 | $9,075 -17.7% | $867,103 +2% |
| 2018 | $11,021 +1.7% | $850,102 +2% |
| 2017 | $10,841 +2% | $833,435 +2% |
| 2016 | $10,628 +1.3% | $817,094 +1.5% |
| 2015 | $10,492 +1.7% | $804,821 +2% |
| 2014 | $10,319 | $789,057 +0.5% |
| 2013 | -- | $785,492 +2% |
| 2012 | -- | $770,091 +2% |
| 2011 | -- | $754,993 +0.8% |
| 2010 | -- | $749,351 -0.2% |
| 2009 | -- | $751,133 +2% |
| 2008 | -- | $736,406 +2% |
| 2007 | -- | $721,967 +2% |
| 2006 | -- | $707,812 +2% |
| 2005 | -- | $693,934 +2% |
| 2004 | -- | $680,329 +1.9% |
| 2003 | -- | $667,861 +2% |
| 2002 | -- | $654,767 +2% |
| 2001 | -- | $641,929 |
Find assessor info on the county website
Monthly payment
Estimated monthly payment
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 92028
Nearby schools
GreatSchools rating
- 5/10Bonsall Elementary SchoolGrades: K-5Distance: 5.3 mi
- 5/10Norman L. Sullivan Middle SchoolGrades: 6-8Distance: 2.9 mi
- 5/10Bonsall HighGrades: 9-12Distance: 2.9 mi
Local experts in 92028
- California
- San Diego County
- Fallbrook
- 92028
- 3264 Shearer Xing






