$10,000,000
 $53,682 est/mo Sourced by Back At You

Rancho Alegre Road,Fallbrook, CA 92028

Fallbrook, CA 92028

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Description

The subject property comprises 33 parcels totaling approximately 115.92 acres of vacant land, zoned for single-family residential development. The Rancho Alegre Development features a fully approved final map, creating 33 subdivided estate-sized lots ranging from approximately 2 to 8 acres each. The project thoughtfully incorporates nine designated open space areas, enhancing the overall character while preserving the natural landscape. On-site infrastructure includes three installed water meters (2", 3", and 4"), with electrical service readily available. The development is planned in two phases: Phase 1 consists of 8 lots and is envisioned as a gated community offering an elevated level of privacy, exclusivity, and luxury living. These premier homesites are positioned to capture scenic views of the surrounding hills and countryside, making them ideal for custom estate residences. Phase 2 includes the remaining 25 lots, with improvement plans scheduled to be completed as part of Phase 1. Currently designed for septic systems, the project also offers the potential to connect to sewer, with an access point located at the intersection of Reche Road and Ranger Road, approximately 2,200 feet from the site. The property is ideally situated within an established and growing area, surrounded by residential neighborhoods, parks, and schools, with convenient access to Interstate 15 and the Pala Mesa Resort & Golf Course. Strong housing demand continues to grow along the I-15 corridor, driven by its strategic connectivity between Riverside and San Diego. The property's location offers a compelling advantage for commuters, with meaningful time savings compared to longer distance alternatives making it an attractive option for buyers seeking both accessibility and lifestyle convenience. Additionally, Fallbrook has gained recognition as an emerging wine country destination, and the underlying zoning allows for the cultivation of grapes presenting a unique opportunity for vineyard estates or agrarian luxury living.

Details

MLS #NDP2604592
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site120
Listing Provided ByLee & Associates | Matthew Weaver

Features

ZoningAgriculture (A-70)
Acreage115.92
Golf CourseYes
Property ViewYes

Exterior

Lot FeaturesTwo To Five Units Acre

Location

Community FeaturesGolf, Rural

Area Information

StateCA
CountySan Diego
CityFallbrook
Zip Code92028
Area92028 Fallbrook
Listing VS Median (in 92028)
Price:
$10,000,000
low | high
Med:
$869,500
100% of Average
On site:
120
low | high
Med:
2131
5.631159080244% of Average
Sourced by Back At You

Market Activity 92028

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Learn More About This Property

StateCA
CountySan Diego
CityFallbrook
Zip Code92028
Area92028 Fallbrook
Listing VS Median (in 92028)
Price:
$10,000,000
low | high
Med:
$869,500
100% of Average
On site:
120
low | high
Med:
2131
5.631159080244% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $7.5M - $12.5M
sqft: 0 - 0
Nearby Listings Property ImageNearby Listings Details
0 Sunset Grove Road Property Photo 1
$483,000
0 Sunset Grove Road
Fallbrook, CA 92028
0 Tierra Nuevo Property Photo 1
$375,000
0 Tierra Nuevo
Fallbrook, CA 92028
Listing Updated: September 8, 2026 at 11:26:24 AM PDT