40635 De Luz Road

Fallbrook, CA 92028
$6,250,000
For Sale • 130 days
3
Beds
3
Baths
4,927
Sq Ft

This is it! A once-in-a-lifetime opportunity to own a sprawling 120-acre agricultural estate in the world's avocado capital. Owned and farmed by the original homesteading family since the late 1800s, this property has never been on the market. Home of the world's largest gourd farm, this expansive estate consists primarily of flat, cultivated acreage, offering a gorgeous ranch-style house as the primary residence, three guest or caretaker residences, and the ongoing income-producing farming/retail operation of the Welburn Gourd Farm. The primary residence sits atop a hill overlooking the property while offering sweeping views of the surrounding scenic mountain landscape. It offers 3 bedrooms, 2.5 baths, an open-concept floor plan, a gourmet chef's kitchen, an attached two-car garage, and a storage building. The additional guest residences include the farm's original adobe house, which offers 3 beds, 2 baths, and two recently remodeled guest houses that offer new kitchens and baths, with 2 beds and 1 bath each. The business operation includes a retail store with multiple purpose-built structures to support operations. Four wells supply water and can support a host of income-producing agricultural operations. With a tilapia pond and groves of mature oak trees, this is truly a one of a kind agrarian estate. There is unlimited potential for multiple revenue streams, including vacation rentals, vineyards, wedding/event venues, and corporate retreats. The possibilities are endless!

This is it! A once-in-a-lifetime opportunity to own a sprawling 120-acre agricultural estate in the world's avocado capital. Owned and farmed by the original homesteading family since the late 1800s, this property has never been on the market. Home of the world's largest gourd farm, this expansive estate consists primarily of flat, cultivated acreage, offering a gorgeous ranch-style house as the primary residence, three guest or caretaker residences, and the ongoing income-producing farming/retail operation of the Welburn Gourd Farm. The primary residence sits atop a hill overlooking the property while offering sweeping views of the surrounding scenic mountain landscape. It offers 3 bedrooms, 2.5 baths, an open-concept floor plan, a gourmet chef's kitchen, an attached two-car garage, and a storage building. The additional guest residences include the farm's original adobe house, which offers 3 beds, 2 baths, and two recently remodeled guest houses that offer new kitchens and baths, with 2 beds and 1 bath each. The business operation includes a retail store with multiple purpose-built structures to support operations. Four wells supply water and can support a host of income-producing agricultural operations. With a tilapia pond and groves of mature oak trees, this is truly a one of a kind agrarian estate. There is unlimited potential for multiple revenue streams, including vacation rentals, vineyards, wedding/event venues, and corporate retreats. The possibilities are endless!

DETAILS

  • Type: House
  • Stories: 1
  • Built: 2002
  • $/SqFt: $1,268.52
  • Community: Fallbrook
  • MLS#: OC20232400

Interior

BEDROOMS

  • Total: 3

BATHROOMS

  • Full: 2
  • Half: 1

LAUNDRY

  • Location: Laundry Room

FEATURES

  • Dishwasher
  • Microwave
  • Refrigerator
  • 6 Burner Stove
  • Gas Oven
  • Gas Range
  • FP In Living Room
  • FP In Master BR

VIEWS

  • Mountains/Hills
  • Panoramic
  • Valley/Canyon
  • Pasture
  • Pond
  • Trees/Woods

HEATING & COOLING

  • Heat: Forced Air Unit
  • Cooling: Central Forced Air

Exterior

BUILDING

  • Style: Ranch
  • Stories: 1

LOT DETAILS

  • Lot Size: 20+ AC
  • 118.31 Acres

GARAGE & PARKING

  • Garage Spaces: 2
  • Garage Type: Garage

Other Information

FINANCING TERMS

  • Cash
  • Conventional
  • Cash To New Loan

LOCATION

  • Community: Fallbrook
  • City: Fallbrook
  • County: San Diego
  • APN#: 1012712900
  • Site: Landscaped
Fewer Details

Property History

DATE EVENT & SOURCE PRICE $/SQFT
Listed (Active)
SDMLS
MLS# OC20232400
$6,250,000 $1,269

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Listed by Lauren Cooper • DRE Lic #02012510 • Compass
Last updated 1 hour ago • Source: SDMLS