35775 Rice Canyon
1 / 20

35775 Rice Canyon

Ddirt

Fallbrook, CA 92028

$1,199,000

Lot Size

15.25 acres

Asking $/Acre

$78,623

Days on Market

94

Property Type

Land

HOA/mo

N/A

MLS ID

SW26167479

This property is in Fallbrook (92028). View the Fallbrook land market →

About This Property

15.25 ACRES | ESTABLISHED EUCALYPTUS OPERATION | DREAM HOMESITE | AGRICULTURAL INCOME POTENTIAL|More than land—an opportunity to live, build, grow & create income. This exceptional 15.25-acre Fallbrook property features an established eucalyptus operation with approx. 14,000 trees across 16 growing zones, including desirable Baby Blue eucalyptus used throughout the floral, wedding & design industries. For an entrepreneurial buyer willing to harvest, market & grow the operation, the eucalyptus offers exciting agricultural business potential. Seller can provide additional information regarding growing zones, harvesting & historical sales.An expansive, mostly level homesite offers a beautiful setting to build your dream estate surrounded by eucalyptus & peaceful countryside views. An existing structure with one bed, one bath & kitchenette area provides added flexibility while planning your future vision. Public water & electricity are at the property, plus an existing well with potential for restoration. Mature avocado, apple, guava, olive & kumquat trees add to the agricultural setting. Existing improvements include a swim spa w/automatic cover, dedicated chicken & quail enclosures with separate dog kennel area.Harvest the eucalyptus. Grow the business. Build your dream. A rare opportunity to combine acreage, agriculture, entrepreneurial potential & a future custom estate in beautiful Fallbrook.WHAT COULD 15.25 ACRES BECOME? A future owner may wish to investigate possibilities such as equipment storage, RV/trailer or vehicle storage, equestrian uses, wellness or retreat concepts, event uses, private trails, recreational uses, motocross-style recreation or additional agricultural ventures. Imagine creating your dream home surrounded by an established eucalyptus grove while exploring multiple ways to utilize this incredible acreage.THE VISION IS YOURS. Grow it. Harvest it. Build it. Create it. This isn’t simply land waiting for a house it’s 15.25 acres waiting for an entrepreneur. *Potential uses are conceptual only and may require permits, zoning approval and/or other governmental authorization. No representation is made that any particular use is currently permitted. Buyer to independently verify zoning, permitted uses, improvements, utilities, tree counts, agricultural production, historical sales, business information and income potential.*

Location

Loading map...

What a Buyer Will Check

Caution: fire, hillside

About 14.9 acres of farm land on Rice Canyon Rd, county land with a Fallbrook address, zoned A70, limited agriculture, 4-acre minimum lot. Most of it is steep: lidar puts the median slope at 26%, with 54% of it over 25%, and the soil survey calls it loam, well drained, very limited for houses. It sits outside the flood zone, in a Very High fire zone. It has 876 ft of public street frontage on Rice Canyon Rd, with Rainbow Municipal Water District water. Septic likely.

From FEMA, USGS lidar, the USDA soil survey, CAL FIRE, SANDAG and county and city zoning, checked Nov 7, 2026. Public records, not a survey: confirm with the city or county before you buy.

Want to know more about this land or have questions?

Zoned Schools

  • Elementary

    Bonsall Elementary · grades K-5 · Bonsall Unified

  • Middle

    Norman L. Sullivan Middle · grades 6-8 · Bonsall Unified

  • High

    Bonsall High · grades 9-12 · Bonsall Unified

The district's assigned schools for this parcel, from its attendance boundaries and rules. Boundaries change: confirm with the district before you buy.

Dirt Analysis
Ddirt
181% above comp value
Asking $1,199,000 vs ~$426,276 implied by sold-land comps
Lot size
15.25 acres
Asking $/acre
$78,623
Zip median $/acre (sold)
$29,486
Comp-implied value
$426,276
Price history
  • Oct 20, 2026$1,299,000 → $1,199,000-7.7%

Benchmarked against 2,889 sold-land comps (5-yr, recency-weighted) via zip price-size model · high confidence. Land value is site-specific — zoning, utilities, access, and buildability are not modeled. Not an appraisal.