5016 Sleeping Indian Rd , Fallbrook, CA 92028
$325,000
Est. Payment: $1,783.72/mo
2.01 Acres
Status: Active | Days on site: 1
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House Description

Sweeping wine-country and countryside views set the stage for an exceptional custom-home opportunity in Morrow Hills, near the Oceanside–Bonsall border. This approximately 2-acre parcel comes with extensive planning, engineering, and permitting work already completed or well underway with the County of San Diego—potentially saving the next owner significant time and expense compared with starting from raw land. The site holds two separate, fully independent homes: a 3,594 SF two-story main residence and a 1,189 SF two-story detached ADU, each built over its own basement 2-car garage, thoughtfully designed to capture the beautiful surrounding landscape and expansive views. Architectural and structural building plans are substantially approved by the County, with final structural sign-off tied to completion of the grading requirements. Zoning is substantially approved pending final FAA clearance, and North County Fire has approved the plans, including the proposed fire hydrant location. Grading/civil plans are currently in County review, and the required water-main extension for the fire hydrant is in final review with the water district. Remaining items also include the County-required landscape permit, FAA determination, final structural conditions, and applicable permit-issuance fees. This project is only a few months away from being shovel-ready. A tremendous amount of the costly and time-consuming groundwork has already been completed, giving the next owner the opportunity to take over a well-advanced custom-home project. Enjoy the privacy, space, and scenic character of country living with convenient access to Oceanside, Bonsall, and surrounding North County communities. Buyer to independently verify all plans, approvals, permits, fees, requirements, timelines, and the ability to modify or complete the proposed project with the appropriate agencies.

Highlights

Listed by Stephanie Dimakides , 818-321-2320 Coldwell Banker Realty , 760-804-8200. CRMLS/Multi-Regional MLS mls logo

Property Type

Vacant Land

Lot/Acreage
2.01

County

San Diego

Area

92028 - Fallbrook

Listing ID

NDP2609103

Questions about this listing?

Contact Agent

Interior Features

Water:See Remarks

Exterior Features

Lot:Flag Lot,Gentle Sloping,Lot Over 40000 Sqft,Secluded,No Land Lease
Garage Capacity:0
Zoning:AGRICULTURAL
Principal Interest
$1,784
Taxes
$207

Home Price

$325,000

Loan Details

30 yrs
7.307%

Down Payment

20%
$65,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$1,783.72

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,783.72 $207.19 $0.00 $1,990.91
Yearly $21,404.66 $2,486.25 $0.00 $23,890.91
Total $642,139.71 $74,587.50 $0.00 $716,727.21

Today's Rates

30 Year

7.31%

20 Year

7.2%

15 Year

6.65%

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Market insight data is pulled from the same city as the listing being viewed (Fallbrook, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-10-03T09:09:50.000Z

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