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2323 Wilt, Fallbrook, CA 92028

$1.60M3bd · 3ba · 4,173 sqft
Lot 172,933 sqft•Single Family Residence•
Active
•75d on market•MLS# OC-26167140

Property Description

TURNKEY SHORT-TERM RENTAL & INVESTOR MASTERPIECE ON 5 ACRES! Experience the ultimate blend of custom Mediterranean luxury, privacy, and proven income potential at this spectacular hilltop estate. Perched on a scenic ridgeline with panoramic, west-facing sunset and canyon views, this custom-built 4,173 SF masterpiece features 4 spacious bedrooms, 3 bathrooms, and an unbeatably flexible layout. Already successfully optimized as a high-performing short-term rental, this property represents a rare, turnkey cash-flow opportunity for savvy investors or an incredible multi-generational sanctuary for owner-occupants. Step inside to dramatic interiors showcasing soaring vaulted ceilings, beautiful exposed timber beams, a floor-to-ceiling stone fireplace, and authentic Saltillo tile that radiates timeless Spanish/Santa Barbara charm. The massive gourmet chef’s kitchen serves as the heart of the home, fully equipped with premium Thermador appliances, dual sinks, custom lighted cabinetry, and a massive center island. The layout flows effortlessly out to a resort-style pool deck and pebble-finish pool, providing an extraordinary indoor-outdoor entertainment experience against a backdrop of rolling hills. For the investor, the value here is unparalleled. A rare and major benefit includes two legal parcels spanning nearly 5 acres of terraced landscape, offering a completely blank canvas to build an additional guest house/ADU, expand your short-term rental footprint, or create a private vineyard. Complete with a 3-car garage, expansive driveway parking for up to 11 vehicles, a primary suite with its own private view balcony, and top-tier upgrades like a newer above-ground spa and comprehensive water purification system. Gated, private, and situated in the highly desirable Fallbrook area, this income-generating view estate is priced for immediate interest. Schedule your tour today and secure a truly unique asset with immense long-term upside!

Features & Amenities

FallbrookFeeBuilt 1991

Property Details

Subdivision
Fallbrook
Land Type
Fee
Year Built
1991
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
3
Garage Spaces
3
Cooling
Central Air
View
Canyon, Meadow
City
Fallbrook
Zip Code
92028
County
San Diego
Listed byCapital Team Real Estate Svc, Henry Mai

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$8,080.36
Principal & Interest
Loan Amount
$1,278,400
Total Interest
$1,630,529
Total Payment Over 30 Years
$2,908,929
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

About Fallbrook

This property is located in Fallbrook, a community in Fallbrook. Explore more listings in this neighborhood to compare options and pricing.

View Fallbrook Listings

Comparative Market Analysis

Luxury Tier · 3 active · 3 closed

2323 Wilt, Fallbrook, CA 92028

Fallbrook · Fallbrook · Single Family Residence

$1.60M
Luxury Tier
Beds
3
Baths
3
Sqft
4,173
Lot
3.97 ac
Year
1991
$/Sqft
$383
Pool: Yes✓
View: city✓
Garage: 3-car✓

Listed 5.8% above the median closed sale of $1,510,000. Luxury tier — fewer comparable sales widen the confidence range.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $1.60M· $383/sqft
Total list price
Closed comps
vs closed median $1.51M
+$88K (+5.8%)
Active comps
vs active median $1.75M
−$151K (−8.6%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $480
−$97 (−20.2%)

Active Properties (3)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
2224 Dos LomasFallbrook2015343,58396,703$558$2.00M7885
2027 Via MonserateFallbrook2025443,70094,090$473$1.75M6883
647 tumble creek LaneFallbrook1996443,73150,530$409$1.52M5180
Total: 3 · Average3.74.03,671.33380,441$480$1.76M65.66666666666667
Median3,700$1.75M

Closed Properties (3)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
4284 Fallsbrae RoadFallbrook200309/22/2026454,13887,120$1.85M$1.89M$4561.023185
2424 Gird RoadFallbrook200207/23/2026444,00268,825$1.46M$1.44M$3610.993283
2465 Via Oeste DriveFallbrook198806/12/2026333,769116,741$1.55M$1.51M$4010.9712079
Total: 3 · Average3.74.03,969.66790,895.333$1.61M$1.61M$406—61
Median4,002$1.51M$1.51M

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.