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870 STEWART CANYON,  FALLBROOK, CA 92028

Lot Number , Acres, Rainbow

$2,100,000

Sold Price:$2,100,000

Sold Date:02-28-2020


7 separate parcels, appx 59 total acs, 2 separate 2 bed rental homes on own parcels, rent approximately $1700 per month, appx 7,000 healthy productive, profitable avocado trees, 6 wells over 200 gpm, 2" water meter, avocados mostly younger trees production profits will continue to soar, 2018 production over 400,000 lbs, some view parcels, park like setting below, county allows one home and guest home per parcel. Farm management team can stay or train to take over. Subject to boundary adjustment [Supplemen

7 separate parcels, appx 59 total acs, 2 separate 2 bed rental homes on own parcels, rent approximately $1700 per month, appx 7,000 healthy productive, profitable avocado trees, 6 wells over 200 gpm, 2" water meter, avocados mostly younger trees production profits will continue to soar, 2018 production over 400,000 lbs, some view parcels, park like setting below, county allows one home and guest home per parcel. Farm management team can stay or train to take over. Subject to boundary adjustment [Supplement]: AVOCADO GROVE BUSINESS Sale includes 7 legal parcels appx 59 total acres 108-340-29-00 (7.51acs) 108-340-30-00 (9.44acs) 108-340-20-00 (10.27acs) 108-350-15-00 (6acs) 108-350-07-00 (10.45acs) 108-350-16-00 (4.45acs) 108-350-18-00 (6.43acs) keep in mind trees are younger, mostly planted last 3-7 yrs, projected production could double in 5 years net income could be in $200-300,000 plus range, not including $3400 monthly from rentals. Contingent on seller completing a boundary adjustment.



DETAILED INFORMATION
MLS#:200006059Sold Price:$2,100,000
Sold Date:02-28-2020 Original Price:$2,100,000
List Status:SoldProperty Type:Lots/land
Days on Market:27Acres:
Parcel Number:1083501500Sign on Property:
Parcel Map Number:Thomas Brothers Map:
Tentative Map Number:Directions:[cross Street(s)]: Mission
Lot Number:Frontage Dim:
Grid:Lot Dim:
Subdivision:RainbowLot Sqft:0
Community:Sold Price Per Sqft:N/A
Current Use:Lot Size:
Best Use:Lot Description:
Development:Structures:
Zoning:View
Sewer:Utilities:Below Ground,electric,propane
Fence:PartialUtilities Location:
Topography:Slope SteepFrontage:
Water:Water District:
Association Fee:$0Assoc Includes:
Assoc Fee Paid:Other Fees:$0
Other Fee Paid:Other Fee Type:
Mello Roos:$0Mello Roose Paid:
Age Restrictions:Miscellaneous:
Additional Land Use:Amenities:
Boat Facilities:Irrigation:Automatic,sprinklers
Approved Plans:Loan Terms:Conventional
School District:Sale Terms:Cash,Conventional


HOW THIS LAND COMPARES TO NEARBY CURRENTLY FOR SALE
  ADDRESSSUBDIVISIONMARKET DAYSSQFTLIST PRICELIST PSQFT
   STEWART CANYON, FALLBROOK, 92028Rainbow27 $2,100,000$
FOR SALE AVERAGES:0 0 00


NEARBY SOLD LAND PREVIOUS 12 MONTHS FROM LISTING SOLD DATE
  ADDRESSSUBDIVISIONMARKET DAYSSQFTSOLD PRICESOLD PSQFT
  870 STEWART CANYON, FALLBROOK, CA 92028FALLBROOK270$2,100,000$0
  235 MISSION RIDGE LANE, FALLBROOK, CA 92028FALBROOK2140$420,000$0
  235 MISSION RIDGE LANE, FALLBROOK, CA 92028FALLBROOK2140$420,000$0
  0 STERLING VIEW DR, FALLBROOK, CA 0FALLBROOK518236530$190,000$0.8033
  8434 RANCHO TAZA, FALLBROOK, CA 9202895467834$315,000$0.6733
  4497 RAINBOW VISTA DRIVE, FALLBROOK, CA 92028RAINBOW64474368$185,000$0.3900
  3894 MISSION RD, FALLBROOK, CA 92028FALLBROOK1281038034$415,000$0.3998
  3894 MISSION RD, FALLBROOK, CA 0FALLBROOK1281038034$415,000$0.3998
  4274 STERLING VIEW, FALLBROOK, CA 92028116257004$247,000$0.9611
  4260 STERLING VIEW DR., FALLBROOK, CA 92028FALLBROOK4510$180,000$0
  610 RANGER, FALLBROOK, CA 92028823436470$108,000$0.2474
  610 RANGER, FALLBROOK, CA 92028OLD 3952150$280,000$0
  610 RANGER, FALLBROOK, CA 92028FALLBROOK2150$280,000$0
  26 PRIETO, FALLBROOK, CA 92028378413820$110,000$0.2658
  45 PRIETO, FALLBROOK, CA 9202888300128$168,000$0.5598
  0 RANGER RD, FALLBROOK, CA 0FALLBROOK4544867$115,000$2.5631
  1125 PRIETO, FALLBROOK, CA 92028238306227$198,000$0.6466
  365 RANGER, FALLBROOK, CA 9202814762291$140,000$2.2475
  00 JANEMAR, FALLBROOK, CA 0FALLBROOK228162914$170,000$1.0435
  478 JANEMAR RD., FALLBROOK, CA 92028FALLBROOK47146361$360,000$2.4597
  3716 MISSION RD, FALLBROOK, CA 92028FALLBROOK880$225,000$0
  821 STEWART CREST RD, FALLBROOK, CA 92028STEWART CANYON910$420,000$0
  481 JANEMAR RD, FALLBROOK, CA 92028137162914$215,000$1.3197
  367 RANGER RD, FALLBROOK, CA 0FALLBROOK1100$235,000$0
  367 RANGER RD, FALLBROOK, CA 92028FALLBROOK1100$235,000$0
  1532 RICE CANYON, FALLBROOK, CA 920281102482920$600,000$0.2417
  821 STEWART CREST ROAD, FALLBROOK, CA 92028STEWART CANYON2370$252,000$0
  821 STEWART CREST ROAD, FALLBROOK, CA 92028FALLBROOK2370$252,000$0
   CAMINO RAINBOW, FALLBROOK, CA 0RAINBOW1192296047$899,000$0.3915
  0 HWY 395, FALLBROOK, CA 92028RAINBOW830$95,000$0
  1313 RICE CANYON, FALLBROOK, CA 92028142443876$240,000$0.5407
  1313 RICE CANYON, FALLBROOK, CA 92028142443876$240,000$0.5407
  471 STEWART CANYON, FALLBROOK, CA 9202869263102$450,000$1.7104
   STEWART CANYON RD., FALLBROOK, CA 92028STEWART CANYON ROAD60263102$425,000$1.6153
  3593 LOS HERMANOS, FALLBROOK, CA 0CUSTOM HOMES410$262,500$0
  3593 LOS HERMANOS, FALLBROOK, CA 92028FALLBROOK410$262,500$0
  1540 RAINBOW VALLEY BLVD, FALLBROOK, CA 92028FALLBROOK680$795,000$0
  1035 RICE CANYON, FALLBROOK, CA 9202853175982$60,000$0.3409
  1025 RICE CANYON, FALLBROOK, CA 92028122294466$130,000$0.4415
  1015 RICE CANYON, FALLBROOK, CA 9202882356756$175,000$0.4905
  1015 RICE CANYON, FALLBROOK, CA 92028RICE CANYON85356756$87,000$0.2439
  0 SHEILA LANE LN, FALLBROOK, CA 92028FALLBROOK15787120$300,000$3.4435
  XXX SHEILA LN, FALLBROOK, CA 92028FALLBROOK9587120$325,000$3.7305
SOLD AVERAGES:159 485,145 $325,488$1




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Listing Provided Courtesy of: David Hethorn, Premier Realty Associates.
Listing sold by: , SANDICOR, Inc..
Data Updated September 27 2024 15:13:35
Listing Last Modified:01-15-2021 05:41:43

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