502 E Elder Street

Ddirt

Fallbrook, CA 92028

$1,500,000

Beds

—

Baths

—

Sqft

—

Year Built

—

Days on Market

273

Property Type

Land

HOA/mo

N/A

MLS ID

NDP2510072

This property is in Fallbrook (92028). View neighborhood stats →

About This Property

Prime 4.9-Acre Development Opportunity in Fallbrook. Discover this exceptional 4.9-acre parcel in Fallbrook, perfectly suited for your next project. Comprising two APNs—103-246-28-00 (3.98 acres) and 103-246-17-00 (0.92 acres)—this property offers flexible zoning under RU (Urban Residential) with a General Plan designation of Village Residential (VR-15), unlocking a range of residential development possibilities. Utilities Ready including Fallbrook Public Utility water meter already installed and sewer access available on-site. Truly a prime location nestled in desirable Fallbrook, ideal for custom homes, subdivisions, or village-style living. This is a rare development gem—don't let it slip away!

Location

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Dirt Analysis

Ddirt

423% above comp value

Asking $1,500,000 vs ~$286,752 implied by sold-land comps

Lot size: 4.90 acres
Asking $/acre: $306,122
Area median $/acre (sold): $100,000
Comp-implied value: $286,752

Benchmarked against 3,049 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.