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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
    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!
    201 days
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    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#: ND25222032MLS LogoOriginating MLS: California Regional MLS

      Facts & features

      Interior

      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
        DateEventPrice
        3/12/2026Pending sale$4,200,000
        Source: CRMLS #NDP2509791 Report a problem
        3/1/2026Contingent$4,200,000
        Source: CRMLS #NDP2509791 Report a problem
        9/20/2025Listed for sale$4,200,000+7.7%
        Source: CRMLS #ND25218112 Report a problem
        9/9/2025Listing removed$3,900,000
        Source: SDMLS #240026943 Report a problem
        7/24/2025Price change$3,900,000-20.4%
        Source: SDMLS #240026943 Report a problem
        5/23/2025Price change$4,900,000-10.9%
        Source: SDMLS #240026943 Report a problem
        2/26/2025Price change$5,500,000-6.8%
        Source: SDMLS #240026943 Report a problem
        11/15/2024Listed for sale$5,900,000-10.6%
        Source: SDMLS #240026943 Report a problem
        10/18/2024Listing removed$6,600,000
        Source: SDMLS #240017467 Report a problem
        7/26/2024Listed for sale$6,600,000-26.7%
        Source: SDMLS #240017467 Report a problem
        4/24/2019Listing removed$8,999,000
        Source: Coldwell Banker Residential Brokerage - Encinitas/La Costa #180026152 Report a problem
        3/13/2019Price change$8,999,000+12.6%
        Source: Coldwell Banker Residential Brokerage - Encinitas/La Costa #180026152 Report a problem
        5/17/2018Price change$7,990,000-20.1%
        Source: Coldwell Banker Residential Brokerage - Encinitas/La Costa #180026152 Report a problem
        1/12/2018Listed for sale$10,000,000
        Source: Coldwell Banker Res Brokerage #180002298 Report a problem

        Public tax history

        Public tax history
        YearProperty taxesTax 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

        Local experts in 92028

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