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3264 SHEARER CROSSING, Fallbrook, CA 92028

$4.2M5bd · 3ba · 3,313 sqft
Lot 93 sqft•Single Family Residence•
Active
•387d on market•MLS# ND-25218112

Property Description

A once-in-a-lifetime opportunity to own an exceptional 93-acre estate in the heart of Fallbrook with COVETED WATER RIGHTS TO THE SAN LUIS REY RIVER. First, the home is majestically Perched atop a hillside, an exquisitely crafted Spanish-Pueblo estate capturing the essence of timeless elegance and serene countryside living. Framed by panoramic vistas of lush orchards, rolling valleys, and distant mountains, the residence is a masterclass in architectural thoughtful design. Step inside to discover a warm, inviting interior from hand-laid Saltillo tile and rich wood flooring to plush carpeting in select bedrooms, every detail has been curated for both comfort and views. The expansive layout features 5 generously sized bedrooms, two dedicated offices, and an airy loft. The heart of the home, a sun-drenched kitchen, boasts a picture window that perfectly frames the sprawling orchard views. Two wood burning fireplaces lend additional warmth and character to the living spaces, creating cozy retreats for every season. Step out to the backyard where a resort-style pool and spa invite year-round relaxation. Now lets talk about the land...This agricultural paradise with a water supply so abundant, it defies expectations boasting two wells and WATER RIGHTS TO THE SAN LUIS REY RIVER, providing a virtually limitless flow to sustain farming, equestrian dreams, or other developments. The water infrastructure is truly unmatched with Two 65-foot-deep wells with the potential to produce up to 1,000 GPM, currently only one well operating at 340 GPM with 65 PSI; One well is powered by a 20HP submersible pump, the other by a diesel-driven line shaft turbine. Water delivery that spans the entire estate with ease and efficiency, including the house with a reverse osmosis system for potable water. The land is as rich and versatile as its water supply. Currently planted with 11 acres of mature orange trees, 25 acres of various producing avocado trees and a vibrant variety of fruit trees, including mandarins, apples, persimmons, and peaches. Approximately 20 acres of flat, usable terrain present an open canvas for expansion—whether envisioning a world-class equestrian facility, a luxury private estate compound, or a potential luxury subdivision. Let your imagination run free!! Steeped in rich agricultural history, this land has been lovingly maintained by the same family whose legacy helped shape Fallbrook’s renowned citrus and avocado industry.

Features & Amenities

FallbrookFeeBuilt 1985

Property Details

Subdivision
Fallbrook
Land Type
Fee
Year Built
1985
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
12
Garage Spaces
2
Heating
Fireplace(s), Forced Air
Cooling
None
View
Hills, Mountain(s), River, Trees/Woods
Flooring
Carpet, Tile, See Remarks
Roof
Metal, Asphalt, Composition
City
Fallbrook
Zip Code
92028
County
San Diego
Listed byBerkshire Hathaway HomeServices California Properties, Gladstoni O Silva

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$21,237.49
Principal & Interest
Loan Amount
$3,360,000
Total Interest
$4,285,495
Total Payment Over 30 Years
$7,645,495
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 · 5 active · 5 closed

3264 SHEARER CROSSING, Fallbrook, CA 92028

Fallbrook · Fallbrook · Single Family Residence

$4.2M
Luxury Tier
Beds
5
Baths
3
Sqft
3,313
Lot
93.36 ac
Year
1985
$/Sqft
$1268
Pool: Yes✓
Spa: Yes✓
View: mountain✓
Garage: 2-car✓

Listed 268.4% above the median closed sale of $1,140,000. Price per sqft ($1,268) is a 261% premium to closed comps ($351). Luxury tier — fewer comparable sales widen the confidence range.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $4.20M· $1,268/sqft
Total list price
Closed comps
vs closed median $1.14M
+$3.06M (+268.4%)
Active comps
vs active median $1.23M
+$2.98M (+242.9%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $382
+$886 (+232.1%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
35323 Orchard TrailFallbrook2023432,6626,610$319$849,00010766
2740 Los Alisos DriveFallbrook1992332,54356,628$503$1.28M2666
6750 Rainbow Heights RoadFallbrook1979423,1681,782,475$347$1.10M22163
1619 Ranchwood LaneFallbrook1982333,35450,965$365$1.23M260
365 Charles Swisher CourtFallbrook2008543,40117,859$375$1.27M1259
Total: 5 · Average3.83.03,025.6382,907.4$381.8$1.15M73.6
Median3,168$1.23M

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
4911 San Jacinto CircleFallbrook199710/02/2026332,92798,010$1.18M$1.20M$4101.022067
717 Porter RoadFallbrook198407/28/2026332,69222,216$765,000$765,000$2841.005266
2160 Puerto Del MundoFallbrook199507/16/2026533,128432,551$1.25M$1.24M$3960.997161
4408 Brodea LnFallbrook199309/03/2026433,30091,912$1.10M$1.05M$3170.9519061
1650 Winterwarm DriveFallbrook198309/30/2026433,26545,302$1.15M$1.14M$3490.9925360
Total: 5 · Average3.83.03,062.4137,998.2$1.08M$1.08M$351.2—117.2
Median3,128$1.14M$1.14M

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.