5347 5th Street
Fallbrook, CA 92028
Map
- 5 beds
- 4 baths
- 2,041 sqft
- ~3 acre lot
- $783 per sqft
- 1973 build
- – on site
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.
Last checked:
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Last updated Jun 26, 2025
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MLS# NDP2506310 —
The Building
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Year Built:1973
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Year Built Source:Assessor
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Stories Total:1
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Entry Level:1
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Common Walls:No Common Walls
Interior
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Features:Balcony, Furnished
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Levels:One
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Entry Location:Front
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Kitchen Features:Tile Counters
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Flooring:Concrete, Tile, Wood
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Room Type:Kitchen, Living Room, Sun
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Living Area Units:Square Feet
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Living Area Source:Assessor
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Fireplace:Yes
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Fireplace:Living Room
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Laundry:Dryer Included, Gas Dryer Hookup, In Garage, Individual Room, Washer Included
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Laundry:1
Room Dimensions
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Living Area:2041.00
Location
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Directions:Rainbow Valley Blvd W to 5th St
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Latitude:33.41334200
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Longitude:-117.14605600
The Property
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Property Type:Residential
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Subtype:Single Family Residence
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Zoning:R-1:SINGLE FAM-RES
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Lot Features:Landscaped, Patio Home
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Lot Size Area:2.6900
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Lot Size Acres:2.6900
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Lot Size SqFt:117176.40
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Lot Size Source:Assessor
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View:1
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View:Hills, Mountain(s)
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Fence:No
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Sprinklers:No
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Security Features:Automatic Gate
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Land Lease:No
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Lease Considered:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Tract:000477
Beds
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Total Bedrooms:5
Baths
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Total Baths:4
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Full & Three Quarter Baths:4
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Full Baths:4
The Listing
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Special Listing Conditions:Standard
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Parcel Number:1024303800
Heating & Cooling
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Heating:1
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Heating:Central
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Cooling:Yes
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Cooling:Gas
Utilities
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Sewer:Conventional Septic
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Electric:Electricity - On Property
Appliances
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Appliances:Dishwasher, Electric Range, Gas Range, Microwave, Refrigerator, Tankless Water Heater, Trash Compactor, Water Line to Refrigerator
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Included:Yes
Schools
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High School District:Fallbrook Union
The Community
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Units in the Community:No
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Features:Golf, Horse Trails, Storm Drains, Street Lights, Hiking
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Association:No
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Pool:None
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Senior Community:No
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Spa:1
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Private Pool:No
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Spa Features:Above Ground
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Assessments:Yes
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Assessments:Special Assessments
Parking
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Parking:Yes
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Parking:Driveway, Garage, RV Access/Parking
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Parking Spaces:3.00
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Attached Garage:No
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Garage Spaces:3.00
Monthly cost estimate
Asking price
$1,600,000
| Expense | Monthly cost |
|---|---|
|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$8,567
|
| Taxes | N/A |
| Insurance | $440 |
| Utilities | $228 See report |
| Total | $9,235/mo.* |
| *This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
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6/25/25
Jun 25, 2025
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Listed / Active | CRMLS_CA | $1,600,000 | 87.4% (47.3% / YR) |
|
8/22/23
Aug 22, 2023
|
BRIDGE | $854,000 | 0.6% | |
|
7/9/23
Jul 9, 2023
|
BRIDGE | $849,000 |
