Set on nearly five acres (4.84) of usable land, this versatile horse ranch offers endless potential and exceptional value in the land itself. The property features 3 bedrooms plus a large additional sunroom/bonus bedroom, providing flexible living space to suit a variety of needs. Front and rear patios create inviting spaces to relax or entertain, while multiple storage areas and a dedicated workshop add everyday functionality. Designed with equestrian enthusiasts in mind, the ranch is equipped with horse facilities including large paddocks, 6 spacious stalls, and a 3 section pasture ideal for slow work and strength development. The grounds are beautifully tree-shaded with drought-resistant, low-maintenance landscaping, offering both privacy and sustainability. With no HOA and countless possibilities for customization or expansion, this property presents a rare opportunity for ranch living, training or investment. Conveniently located near Fallbrook Village, local shops and wineries, and just minutes from Pala Casino/Resort, the property also provides easy access to Temecula. Enjoy proximity to San Luis Rey Downs Training Center just 10 miles away, Del Mar Racetrack within 45 minutes and the beach only 30 minutes from home — delivering the perfect balance of rural serenity and Southern California convenience.
Property Details
Price:
$949,000
MLS #:
NDP2600509
Status:
Pending
Beds:
4
Baths:
4
Type:
Single Family
Subtype:
Single Family Residence
Neighborhood:
92028fallbrook
Listed Date:
Jan 16, 2026
Finished Sq Ft:
2,674
Lot Size:
210,830 sqft / 4.84 acres (approx)
Year Built:
1979
See this Listing
Schools
School District:
Fallbrook Union
Interior
Bathrooms
4 Full Bathrooms
Cooling
CA
Laundry Features
IR
Exterior
Community Features
RUR
Financial
Map
Community
- Address823 Rice Canyon Rd Fallbrook CA
- CityFallbrook
- CountySan Diego
- Zip Code92028
Subdivisions in Fallbrook
Market Summary
Current real estate data for Single Family in Fallbrook as of Mar 11, 2026
230
Single Family Listed
75
Avg DOM
438
Avg $ / SqFt
$1,083,549
Avg List Price
Property Summary
- 823 Rice Canyon Rd Fallbrook CA is a Single Family for sale in Fallbrook, CA, 92028. It is listed for $949,000 and features 4 beds, 4 baths, and has approximately 2,674 square feet of living space, and was originally constructed in 1979. The current price per square foot is $355. The average price per square foot for Single Family listings in Fallbrook is $438. The average listing price for Single Family in Fallbrook is $1,083,549.
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