Rice Canyon RD Lot 2
Fallbrook, CA, 92028
$1,060,000
3 Beds
2 Baths
1,536 SqFt
20.89 Acres
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Breathe easy as you relax and unwind at your quaint single-story log-style home featuring a stunning panoramic view. With 20.89 acres of picturesque rolling hills, this mini-ranch offers endless possibilities for enjoying the wonders of nature and for generating different sources of income. Currently, a portion of this mini-ranch is being developed as an exotic fruit farm featuring a number of exotic fruits such as guava, Australian custard apple, Israeli custard apple, banana, orange, peach, jujube, java, sapote, mango, longan, tangerine, berry, berry, rolia, lemon, and sakara flower. The rolling hillsides have great potential to nurture grapevines or avocados for personal enjoyment or additional income streams.

The main house is a perfect mix of contemporary and rustic architecture, featuring all the country charm paired with the perfect amount of modern luxury. The spacious main house features 3 bedrooms, 2 bathrooms, and a side deck and patio with a picturesque panoramic view. This house is also currently rented providing another source of income stream.

The property also features a detached 2-car garage, a fixer-upper mobile home, and boundless space for the potential additional construction of AirBnb tiny homes. Please check with the city for any updated ordinances and/requirements. This huge parcel is also currently home to a number of farm animals, including chickens, peacocks, egg-laying geese, and dogs. Nevertheless, there is plenty of room on these extensive acres for animals like horses, goats, alpacas, and fish.

Property Details

Price:
$1,060,000
MLS #:
PW25128968
Status:
A
Beds:
3
Baths:
2
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
Fallbrook
Neighborhood:
92028
Listed Date:
Jun 9, 2025
Finished Sq Ft:
1,536
Lot Size:
909,968 sqft / 20.89 acres (approx)
Year Built:
1979
92028FallbrookFallbrook Union

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Schools

School District:
Fallbrook Union

Interior

Appliances
GR
Bathrooms
2 Full Bathrooms
Cooling
CA
Laundry Features
IG

Exterior

Community Features
RUR
Parking Spots
2

Financial

Map

Community

Market Summary

Current real estate data for Single Family in Fallbrook as of Oct 30, 2025
189
Single Family Listed
54
Avg DOM
455
Avg $ / SqFt
$1,089,583
Avg List Price

Property Summary

    Located in the Fallbrook subdivision, Rice Canyon RD Lot 2 Fallbrook CA is a Single Family for sale in Fallbrook, CA, 92028. It is listed for $1,060,000 and features 3 beds, 2 baths, and has approximately 1,536 square feet of living space, and was originally constructed in 1979. The current price per square foot is $690. The average price per square foot for Single Family listings in Fallbrook is $455. The average listing price for Single Family in Fallbrook is $1,089,583.

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Rice Canyon RD Lot 2
Fallbrook, CA