Welcome to an exquisite property in the heart of Fallbrook, California, offering endless possibilities for multi-generational living, a lucrative investment for short-term rentals, and so much more! This fully remodeled and turnkey gem sits on over an acre of private land, providing a retreat-like atmosphere. The main house, a 3-bed/2-bath haven, boasts upgraded windows, a beautiful kitchen, and a cozy living room, creating a warm and inviting space. Step outside to a sprawling oasis featuring a refreshing pool and spa, perfect for weekends of relaxation or entertaining guests. Adding to the allure is an accessory dwelling unit (ADU) with 1 bed/1 bath, spanning 378 sqft, offering flexibility for guests or rental income. The 710 sqft 3-car garage, converted into a game room, presents additional possibilities as an office space, workout room, or more. This private sanctuary is secured by a gated entrance, ensuring tranquility and peace of mind. Every inch of this property has been upgraded, making it ideal for those seeking a turnkey haven in Fallbrook. Whether you're planning weekends away, entertaining guests, or relishing in the serenity of the surroundings, this property offers the perfect blend of luxury and comfort.
Single-familyProperty Type
1974Year Built
1.03 acresLot Size
$619Est. Price/Sq.Ft.
3 garage spacesParking
Listed by Jeffrey Whittington•DRE #01893647• Coldwell Banker West
ADU HEAVEN! This EXTRAORDINARY property is truly a RARE FIND WITH MAIN HOUSE AND GUEST HOUSE and will certainly be a home for multi-generational living or great investment for the lucky new buyer! Just some of the exceptional amenities you will enjoy include 1+ acre parcel, VIEWS, privacy, main house + guest house + 710 sq. ft. GARAGE space, currently repurposed as ENTERTAINMENT CENTRAL~ ALL one-level! Sparkling POOL and SPA-meticulously renovated including bathrooms, tiling, finishing, flooring, craftsman cabinetry, new plumbing and electrical fixtures, new windows, doors, new mini split HVAC in both main and guest house, 1,000 sqft of patio newly poured, sprinklers and drip lines on much of the property, fully fenced with automated gate!! New pool plaster and equipment with Pentair automation smart features that allow you to control remotely ($12K system!), DETACHED GARAGE with epoxied floor that is currently configured as a game room and office area but can easily be used as a garage, storage space, artist studio, fitness room-the possibilities are endless with this 710 sqft!! 4x4 construction and REDWOOD SIDING, home was built to last! TOO MUCH TO LIST MUST SEE IN PERSON AND YOU WILL SEE THIS IS A UNICORN -chance of a lifetime! SEE SUPP FOR MANY MORE DETAILS!! FULLY USABLE ACRE PLUS PRIVATE AND GATED ESTATE PROPERTY!! Currently total of 4 bedrooms and 3 baths, including ADU will make a great extended family home, 2nd home private retreat. and elect to make detached garage space into pool house w/ additional bathroom, art studio. Man-cave or she-shed! YOU CHOOSE!! Extensive area for garden, horse-shoe pit, batting cages, RV Parking-TRULY A ONE-OF-A-KIND!!
SDMLS #220022872
Mar 1, 2023
Listing Removed
—
Jan 22, 2023
Relisted
—
Nov 18, 2022
Pending
—
Oct 14, 2022
Price Changed
$1,149,999
$582/sq ft
Sep 5, 2022
Listed
$1,200,000
$607/sq ft
SDMLS #210016282
Aug 4, 2021
Sold
$975,000
$493/sq ft
Jul 13, 2021
Pending
—
Jul 6, 2021
Price Changed
$975,900
$494/sq ft
Jun 29, 2021
Relisted
—
Jun 23, 2021
Pending
—
Jun 13, 2021
Price Changed
$899,900
$455/sq ft
Jun 12, 2021
Listed
$949,000
$480/sq ft
Public Records
Mar 9, 2021
Sold
$617,500
$313/sq ft
CRMLS #SW21023164
Mar 9, 2021
Sold
$617,007
$312/sq ft
Feb 9, 2021
Pending
—
Feb 3, 2021
Listed
$499,999
$253/sq ft
Public Records
Sep 18, 1984
Sold
$165,000
$84/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$9,498 (−24.3%)
$546,063 + $361,016
$907,079
2024
$12,555 (+19.0%)
$535,356 + $353,938
$889,294
2023
$10,549
$703,800 + $468,180
$1,171,980
2022
$10,554 (+156.4%)
$591,600 + $402,900
$994,500
2021
$4,116 (−67.9%)
$580,000 + $395,000
$975,000
2020
$12,834 (+0.7%)
$115,856 + $275,173
$391,029
2019
$12,751 (+0.5%)
$114,669 + $272,352
$387,021
2018
$12,683 (+0.8%)
$112,421 + $267,012
$379,433
2017
$12,583 (+10.0%)
$108,056 + $256,645
$364,701
2016
$11,442 (+14.9%)
$108,056 + $256,645
$364,701
2015
$9,957 (+170.1%)
$105,938 + $251,613
$357,551
2014
$3,687 (+1.1%)
$102,303 + $242,980
$345,283
2013
$3,647 (+1.0%)
$102,303 + $242,980
$345,283
2012
$3,611 (+2.4%)
$101,841 + $241,882
$343,723
2011
$3,526 (+1.9%)
$99,845 + $237,140
$336,985
2010
$3,461 (+1.0%)
$97,888 + $232,491
$330,379
2009
$3,426 (+1.9%)
$97,157 + $230,754
$327,911
2008
$3,363
$97,388 + $231,303
$328,691
Tax history for 1337 Friends Way
Year
Property tax
Land + Additions
Assessment*
2025
$9,498 (−24.3%)
$546,063 + $361,016
$907,079
2024
$12,555 (+19.0%)
$535,356 + $353,938
$889,294
2023
$10,549
$703,800 + $468,180
$1,171,980
2022
$10,554 (+156.4%)
$591,600 + $402,900
$994,500
2021
$4,116 (−67.9%)
$580,000 + $395,000
$975,000
2020
$12,834 (+0.7%)
$115,856 + $275,173
$391,029
2019
$12,751 (+0.5%)
$114,669 + $272,352
$387,021
2018
$12,683 (+0.8%)
$112,421 + $267,012
$379,433
2017
$12,583 (+10.0%)
$108,056 + $256,645
$364,701
2016
$11,442 (+14.9%)
$108,056 + $256,645
$364,701
2015
$9,957 (+170.1%)
$105,938 + $251,613
$357,551
2014
$3,687 (+1.1%)
$102,303 + $242,980
$345,283
2013
$3,647 (+1.0%)
$102,303 + $242,980
$345,283
2012
$3,611 (+2.4%)
$101,841 + $241,882
$343,723
2011
$3,526 (+1.9%)
$99,845 + $237,140
$336,985
2010
$3,461 (+1.0%)
$97,888 + $232,491
$330,379
2009
$3,426 (+1.9%)
$97,157 + $230,754
$327,911
2008
$3,363
$97,388 + $231,303
$328,691
*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
3
Baths
3
Stories
—
Lot width
—
Lot depth
—
Lot size
1.03 Acres
Year renovated
—
Sq. Ft.
1,976
Year built
1984
Style
Single Family Residential
County
San Diego County
APN
1060523600
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.