Water Views - Seller Financing
Listed By:
Gladstoni Silva with Berkshire Hathaway HomeServices California Properties;
Address
3264 Shearer Crossing, Fallbrook, CA
Price
$ 4,200,000
Property Attributes
  • MLS#ND25218112
  • TypeSingle Family
  • Listing Status Active
  • CountySan Diego
  • CityFallbrook
  • Area Fallbrook
  • NeighborhoodFallbrook
  • Zip92028
  • Style
  • Year Built1985
  • Price$ 4,200,000
  • Bedrooms5
  • Full Bathrooms2
  • Half Bathrooms1
  • Sqr Footage3313
  • Lot Size93.36 Acres
Data Source:
California Regional MLS (CRMLS)
Property Description

A once-in-a-lifetime opportunity to own an exceptional 93-acre estate in the heart of Fallbrook with COVETED WATER RIGHTS TO THE SAN LUIS REY RIVER. First, the home is majestically Perched atop a hillside, an exquisitely crafted Spanish-Pueblo 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 additional 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. Now lets talk about the land...This agricultural paradise with a water supply so abundant, it defies expectations boasting two 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 with the potential to produce up to 1,000 GPM, currently only one well 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 acres of various producing avocado trees and a vibrant variety of fruit trees, including mandarins, apples, persimmons, and peaches. 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 luxury subdivision. Let your imagination run free!! 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.

Price History
2/18/2026 Listed $4,200,000

General Features

Living Area 3313
Sewer Engineered Septic
Heating Forced Air,Fireplace(s)
Cooling None
Utilities Electricity Connected,Propane
Possession Close Of Escrow
Roof Asphalt,Composition,Metal
Appliances Dishwasher,Propane Cooktop,Propane Oven,Refrigerator,Water Heater
Zoning A-70
Garage Spaces 2
Patio/Porch Features Enclosed,See Remarks,Terrace
Architectural Style Mediterranean,Spanish,See Remarks
Pool Features Heated,In Ground,Propane Heat,Private,See Remarks
Construction Materials Drywall,Frame,Stucco
Year Built 1985
Electric Standard
View Hills,Mountain(s),Neighborhood,River,Trees/Woods
Stories Count 1
Levels One
Property Subtype Single Family Residence
Community Features Mountainous,Rural,Street Lights,Suburban
County San Diego
New Construction false
Property Type Residential
HOA false
Attached Garage false
Contingency None
Subdivision Name Fallbrook
Facing Direction West
Garage Y/N true
Full Baths 2
Special Listing Conditions Standard
Status Active
Directions 76 TO Pankey road to Shearer Crossing
City Fallbrook
Disclosures Water Rights
Entry Location 1
Senior Community Y/N false
High School District Bonsall Unified
Open Parking Spaces 10
Number Of Units Total 1
MLS Area 92028 - Fallbrook
Lot Size Units Acres
Lot Size Square Feet 4066761.6
Listing Terms Cash,Conventional,Owner May Carry
Spa Features In Ground,Private
Property Attached Y/N false
Land Lease Y/N false
Current Financing None
Additional Parcels Y/N false
Lease Considered Y/N false
Virtual Tour https://tours.previewfirst.com/ml/155247
Structure Type House
Living Area Units Square Feet
Standard Status Active
Occupancy Type Owner
Year Built Source Assessor
Tax Lot 56
Virtual Tour https://tours.previewfirst.com/pw/155247
Property Sub Type Additional Single Family Residence
PostalCity FALLBROOK

Interior Features

Interior Amenities Beamed Ceilings,Balcony,Ceiling Fan(s),Eat-in Kitchen,See Remarks,Tile Counters,All Bedrooms Down
Basement Unfinished
Flooring Carpet,See Remarks,Tile
Fireplace Features Primary Bedroom,Wood Burning
Total Stories 1
Common Walls No Common Walls
Basement (Y/N) true
Air Conditioning Y/N false
Heating Y/N true
Fireplace Y/N true
Half Baths 1
Laundry Features Washer Hookup,Electric Dryer Hookup,Propane Dryer Hookup
Total Bedrooms 5
Entry Level 1
Main Level Bedrooms 3
Main Level Bathrooms 2
LivingAreaSource Assessor
Total Baths 3

Exterior Features

Parking Features Driveway,Garage Faces Front,Garage,See Remarks
Lot Features Front Yard,Horse Property,Ranch,Value In Land
Water Source Agricultural Well,Private,Well
Total Parking 12
Inclusions property sold AS-IS, all old farm equipment to convey
Lot Size Area 93.36
Foundation Details Concrete Perimeter,Raised,See Remarks
Spa true
Lot Size Acres 93.36
Road Surface Type Paved
Private Pool true
Lot Size Source Assessor
Road Frontage Type City Street
Horse Y/N true
LotDimensionsSource Assessor

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 92028

Price
AVG $1.26M
$4.2M
Year Built
AVG 1992
1985

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