502 E Elder Street
Fallbrook, CA 92028
213,444Sqft(Lot)
Prime 4.9-Acre Development Opportunity in Fallbrook. Discover this exceptional 4.9-acre parcel in Fallbrook, perfectly suited for your next project. Comprising two APNs—103-246-28-00 (3.98 acres) and 103-246-17-00 (0.92 acres)—this property offers flexible zoning under RU (Urban Residential) with a General Plan designation of Village Residential (VR-15), unlocking a range of residential development possibilities. Utilities Ready including Fallbrook Public Utility water meter already installed and sewer access available on-site. Truly a prime location nestled in desirable Fallbrook, ideal for custom homes, subdivisions, or village-style living. This is a rare development gem—don't let it slip away!
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Lot Information
Main Square Feet: 4.9 Lot Size Acres: 4.9 Lot Size Source: Public Records Lot Size Square Feet: 213,444 Lot Description: 2-5 Units/Acre
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Listing Price Information
Listing Price: $1500000Original Price: $2000000Cash, Conventional, Submit
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Tax Information
Parcel Number: 1032461700
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Utility Information
Electricity Connected -
Location Information
Direction: Follow GPS
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| Olive Hill Rd, Fallbrook, CA, 92028 | $4,660,000 | -- | -- | -- | Acres (Lot)-- |
| 7119 Rainbow Heights Rd, Fallbrook, CA, 92028 | $450,000 | -- | -- | -- | 822,848.40 Sqft(Lot) |
| Mt Olympus Valley Road, Fallbrook, CA, 92028 | $399,900 | -- | -- | -- | 46.64 Acres(Lot) |
| 6465 Rainbow Heights, Fallbrook, CA, 92028 | $350,000 | -- | -- | -- | 1,793,800 Sqft(Lot) |
| Rainbow Peaks Trail, Fallbrook, CA, 92028 | $355,000 | -- | -- | -- | 6 Acres(Lot) |
| 38942 Jubilee Way, Fallbrook, CA, 92028 | $499,000 | -- | -- | -- | 6.19 Acres(Lot) |
| 6758 Rainbow Heights, Fallbrook, CA, 92028 | $340,000 | -- | -- | -- | 934,362 Sqft(Lot) |
| 5589 Rainbow Creek Road, Fallbrook, CA, 92028 | $475,000 | -- | -- | -- | 11.76 Acres(Lot) |
| 9927 Modrigan Lane, Fallbrook, CA, 92028 | $1,200,000 | -- | -- | -- | 45.18 Acres(Lot) |
| Rainbow Crest, Fallbrook, CA, 92028 | $225,000 | -- | -- | -- | 94,090 Sqft(Lot) |
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ByOwner last updated this listing 08/16/2026 @ 17:05
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