Experience the finest of Indoor-Outdoor Living in one of the best climates on the planet! Enjoy the country feel of a custom home on a private road with spacious property and the convenience and efficiency of 24 fully paid solar panels, EV car charger, new HVAC system, municipal gas, water and sewer…NO propane/NO septic/NO HOA/Low taxes…with a great potential for multi-generational or rental space! 1321 Friends Way is situated on a 0.72-acre fully fenced lot with southerly views. Enjoy an evening meal with friends and family from the heights of your well-maintained backyard deck (located off the dining room). Or catch the game on the deck with outlets for electricity and cable. The home is gracefully updated with 2844 sqft. of living space, 4 bedrooms (1 could be a home office), 3 full bathrooms, 2-car garage, and separate laundry room inside the home. The beautifully updated kitchen features granite countertops with bar height counter where the chef connects with diners, newer stainless-steel appliances (including double drawer dishwasher, hood vent, and five burner cooktop), dark finish cabinetry w/ nickel finish hardware, pull-out shelves and spice organizer, butler’s pantry and a walk-in pantry. The private primary suite is separated from the secondary bedrooms and includes a spacious sleeping quarter with direct access to a private courtyard (perfect for relaxing and unwinding in a hot tub?) through French doors; as well as an ensuite bathroom complete with jetted tub, deluxe tiled and pebble-floor walk-in shower (enclosed by gorgeous glass) and a walk-in closet with well-designed organizers. A double-sided fireplace warms both the family and dining rooms. The usable, low-maintenance, nearly 3/4 acre lot is perfect for the potential addition of an ADU, pool, or anything you may desire. It is also cross-fenced with spaces separated into a manicured lawn, orchards, front yard, and parking spaces through 3 gates to accommodate your daily cars, RV with electric hookup, trailers and more. Other features of the home include: recently replaced roof; recently installed Milgard double-pane low-e windows; hardwood and tile flooring throughout; theater room with surround sound; gym area; French doors leading to the backyard lower deck; Coolaroo sun shade complete w/ lights and electricity; “Catio” (outside secondary bedroom window); large backyard shed complete with lights and electricity; large built-in closet organizers in each bedroom; impressive storage spaces (hall closet, coat closet, laundry room closet); upgraded insulation (including the interior walls); 65 ft long driveway (heavy duty, 6-inch thick w/ reinforced rebar); recently installed solar-powered gate; lighting in attic and crawl spaces, auto-electric exhaust fans in the attic and garage, 7.2-GPM Rheem tankless water heater and Lennox air conditioner; orchard trees (avocado, orange, peach, pomegranate, lemon, lime); Rain barrels in front and back with pump to reduce water consumption. Your new life is just a short drive to a small town where you’ll see faces you know as you shop local grocery stores, coffee shops, restaurants, art studios, farmer’s market or attend many of the town’s fun events such as the Avocado Festival, farmer’s market, 4th of July and Christmas parades.
Single-familyProperty Type
1978Year Built
0.72 acresLot Size
$401Est. Price/Sq.Ft.
2 garage spacesParking
Listed by Mike Stine•DRE #02022022• eXp Realty of Southern CA
Contact: mikestine87@gmail.com
Bought with Mike Stine•DRE #02022022• eXp Realty of Southern CA
* * * * BIG PRICE REDUCTION * * * * Welcome to Friends Way! Experience this beautifully upgraded 4-bedroom, 3-bathroom home, nestled in the heart of Fallbrook. Spanning 2,844 sq. ft. and set on an 0.72-acre lot, this residence offers space both indoors and outdoors. Discover a generous layout, featuring a large bonus room and thoughtfully designed upgrades throughout. The master suite opens to a private outdoor sitting area through French doors, while the master bathroom includes a soaking tub and a walk-in closet. Entertain guests in the formal living and dining areas, connected by a dual-sided fireplace, or enjoy the fully remodeled kitchen, with stainless steel appliances, granite countertops, newer cabinets, pullouts, and a spice organizer. The home comes with four French doors and each bedroom comes with built-in wood closet organizers. The home has upgraded hardwood and tile flooring, additional step-down family area complete with a 4th bedroom, bonus room with surround sound, gym room, and French doors leading to the backyard. The home is equipped with ample storage. Every detail has been considered, including Milgard double-pane low-e glass windows, a newer tiled roof, upgraded insulation; including the interior walls, dedicated lighting in attic and crawl spaces, two auto-electric exhaust fans in the attic and one in the garage, a 7.2-GPM Rheem tankless water heater and Lennox air conditioner. The large backyard is a private oasis, featuring two multi-level decks with a pergola, electrical and cable television outlets, and large Coolaroo sun shade providing relief from the sun. Additional outdoor features include RV parking with electricity, a 12x12 shed with electricity, while the 65 ft long, heavy duty 6” poured concrete, reinforced rebar driveway provides ample parking space and security with a newly installed solar-powered gate. The property comes with two additional security gates in adjacent driveways. This home is also energy-efficient, with a 24-panel solar system, new HVAC, and EV charging station installed in 2022. The home has been modernized with a 200-amp outdoor electrical panel and a 100-amp indoor sub-panel. Security features include Ring cameras. You'll love the convenience of a dedicated grassed pet area with irrigation, custom built Catio, pet door, and various fruit trees, including avocado, orange, peach, pomegranate, lemon, and lime.
CRMLS #61096431
Feb 9, 2007
Sold
$447,500
$157/sq ft
Nov 16, 2006
Listed
$464,900
$163/sq ft
Lender owned! REDUCED! Opportunity knocks to repair and buld in your own sweat equity. Great central Fallbrook location. Large useable lot. Interior has lots of potential. Seller will finance.
CRMLS #51064515
Jan 3, 2006
Listing Removed
—
Jan 3, 2006
Listing Removed
—
Sep 3, 2005
Listed
$739,000
$260/sq ft
Sep 3, 2005
Listed
$739,000
$260/sq ft
CRMLS #31039683
Oct 23, 2003
Sold
$450,000
$158/sq ft
Jul 17, 2003
Listed
$457,000
$161/sq ft
SDMLS #21041507
Jul 17, 2003
Listing Removed
—
Jul 17, 2003
Listing Removed
—
Aug 14, 2002
Listed
$457,000
$161/sq ft
Aug 14, 2002
Listed
$457,000
$161/sq ft
Public Records
Aug 20, 1991
Sold
$255,000
$90/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$10,599 (+66.4%)
$649,440 + $340,560
$990,000
2024
$6,370 (+3.1%)
$646,421 + $338,579
$985,000
2023
$6,180
$394,048 + $206,392
$600,440
2022
$6,182 (+3.5%)
$386,322 + $202,346
$588,668
2021
$5,972 (−0.8%)
$378,748 + $198,379
$577,127
2020
$6,017 (+2.0%)
$371,322 + $194,490
$565,812
2019
$5,896 (+1.6%)
$367,515 + $192,496
$560,011
2018
$5,806 (+2.0%)
$360,309 + $188,722
$549,031
2017
$5,690 (+2.6%)
$346,319 + $181,395
$527,714
2016
$5,546 (+1.6%)
$346,319 + $181,395
$527,714
2015
$5,457 (+8.4%)
$339,529 + $177,839
$517,368
2014
$5,032 (+18.4%)
$146,000 + $324,000
$470,000
2013
$4,250 (−1.0%)
$146,000 + $324,000
$470,000
2012
$4,293 (−9.9%)
$125,000 + $275,000
$400,000
2011
$4,762 (−3.2%)
$125,000 + $275,000
$400,000
2010
$4,918 (+1.0%)
$195,000 + $250,000
$445,000
2009
$4,869 (+1.9%)
$311,380 + $153,095
$464,475
2008
$4,779
$312,120 + $153,459
$465,579
Tax history for 1321 Friends Way
Year
Property tax
Land + Additions
Assessment*
2025
$10,599 (+66.4%)
$649,440 + $340,560
$990,000
2024
$6,370 (+3.1%)
$646,421 + $338,579
$985,000
2023
$6,180
$394,048 + $206,392
$600,440
2022
$6,182 (+3.5%)
$386,322 + $202,346
$588,668
2021
$5,972 (−0.8%)
$378,748 + $198,379
$577,127
2020
$6,017 (+2.0%)
$371,322 + $194,490
$565,812
2019
$5,896 (+1.6%)
$367,515 + $192,496
$560,011
2018
$5,806 (+2.0%)
$360,309 + $188,722
$549,031
2017
$5,690 (+2.6%)
$346,319 + $181,395
$527,714
2016
$5,546 (+1.6%)
$346,319 + $181,395
$527,714
2015
$5,457 (+8.4%)
$339,529 + $177,839
$517,368
2014
$5,032 (+18.4%)
$146,000 + $324,000
$470,000
2013
$4,250 (−1.0%)
$146,000 + $324,000
$470,000
2012
$4,293 (−9.9%)
$125,000 + $275,000
$400,000
2011
$4,762 (−3.2%)
$125,000 + $275,000
$400,000
2010
$4,918 (+1.0%)
$195,000 + $250,000
$445,000
2009
$4,869 (+1.9%)
$311,380 + $153,095
$464,475
2008
$4,779
$312,120 + $153,459
$465,579
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
4
Baths
3
Stories
—
Lot width
—
Lot depth
—
Lot size
0.72 Acres
Year renovated
1978
Sq. Ft.
2,844
Year built
1978
Style
Single Family Residential
County
San Diego County
APN
1060523100
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 20, 2026.
RR
Rural Residential District
The RR Use Regulations are intended to create and enhance residential areas where agricultural use compatible with a dominant, permanent residential use is desired. Typically, the RR Use Regulations would be applied to rural or semi-rural areas where urban levels of service are not available and where large lots are desired. Various applications of the RR Use Regulations with appropriate development designators can create buffers between residential and agricultural uses, family or small farm areas, or large lot rural residential developments.
Permitted uses
Include but are not limited to:
Housing-Single unit
Housing-Multiple units
Fire house
Agriculture-Cropland
Agriculture-Grove / orchard
Park & open space
Property details
Parking
Parking / Garage Information
Uncovered Spaces: 8
Attached Garage
# of Garage Spaces: 2
Direct Garage Access
Has Parking
# of Parking Spaces: 10
RV Parking Dimensions: 20 x 50 ft.
Interior
Laundry Information
Has Laundry
Individual Room, Inside
Kitchen Information
Appliances: Dishwasher, Electric Oven, Garbage Disposal, Gas Cooktop, Range/Stove Hood, Tankless Water Heater