Millman Team Real Estate

$1,500,000
4 Bed
4 Bath
2,041 Sqft
2.69 Acre Lot

5347 5th Street, Fallbrook, California 92028

  • Residential Property Type
  • 2,041 Sqft Square Footage
  • Driveway Cars Garage
  • 1973 Year Built
Property Description

Welcome to your own private compound—nearly 3 fully usable acres of opportunity, privacy, and potential! Tucked behind secure gates with four 30-foot entrances allowing seamless pull-through access for large vehicles, this one-of-a-kind property is ideal for multi-generational living, income production, or future development. The main residence offers 3 spacious bedrooms and 2 beautifully renovated bathrooms, featuring updated plumbing, electrical, new windows, roof, fresh paint, and flooring throughout. Just steps away, the detached garage boasts a fully remodeled 1 bed, 1 bath loft apartment complete with its own laundry—perfect for guests, tenants, or extended family. But that’s just the beginning—this versatile garage also includes its own full bathroom and laundry area and can easily be converted into an additional living space or ADU. And if you’re looking to expand, the property includes approved plans and permits for an impressive 80’x40′ metal building structure with three 18’ roll-up doors—ideal for a workshop, warehouse, or collector’s garage. Enjoy outdoor living under a stylish covered patio with built-in seating and an above-ground spa—your private retreat to unwind or entertain. This property has also proven itself as a successful Airbnb, offering strong income potential. With room to grow, space to build, and upgrades throughout, this turnkey estate is a rare opportunity for homeowners, investors, and visionaries alike.

Basic Details
Residential
For Sale
NDP2506310
$1,500,000
Hills, Mountain(s)
4
4
2,041 Sqft
1973
2.69 Acre
Active
4
Single Family Residence
Features
: None
: Central
: Gas
: Living Room
: Driveway, Garage, RV Access/Parking
: Patio Home
: Tile, Wood, Concrete
: Balcony, Furnished
: In Garage, Gas Dryer Hookup, Laundry Room
: Septic Tank
$0
Appliances
: Dishwasher, Gas Range, Microwave, Dryer, Washer, Refrigerator, Water To Refrigerator, Electric Range, Trash Compactor, Tankless Water Heater
Address Map
CA
San Diego
Fallbrook
92028
5Th
5347
Street
Rainbow Valley Blvd W to 5th St
92028 - Fallbrook
R-1:SINGLE FAM-RES
Neighborhood
Fallbrook Union
Additional Information
$0
$0
$0
$0
$0
: Street Lights, Storm Drain(s), Golf, Hiking, Horse Trails
Electricity - On Property
1
3.0
: One
: Landscaped
2025-06-26
1550000
1
1
https://markurbrand.aryeo.com/sites/nxvakwl/unbranded
Broker/Agent Information
Signature Real Estate Group
Adam Nogueira
Listing Information
162185
15108
Cash, Conventional, Submit
Active
2025-10-14T00:06:05Z
CRMLS
: Standard
2025-06-24T17:00:00Z
Agent info
Ray Millman
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