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Fallbrook, CA 92028,940 Santa Margarita DR
$400,000
Est. payment /mo
$459,900
13.0%
Est.Price: ?

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3 Beds
2 Baths
2,900 SqFt
SOLD DATE : 12/05/2012

Key Details

Sold Price $400,000

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Sold

Purchase Type For Sale

Square Footage 2,900 sqft

Price per Sqft $137

MLS Listing ID T12105688

Bedrooms 3

Full Baths 2

Year Built 1910

Lot Size 2.720 Acres

Property Description

Amazing opportunity to own over 2 acres in Fallbrook's North end. There are several outbuildings including a barn, shop, office, aviaries, pond, pool & spa. The main house is an oldie but goodie with lots of charm and great views. The 2 BR detached guest house currently rents for $1200 per month and front fenced area rented to contractor for $600 per month. So much opportunity here. Close to town and all amenities. Would make great horse property with plenty of level land. Whether for income or personal use this is a great buy...nice little spot for weddings too... There are 2 APN's totaling approx. 2.52 acres. There is another parcel along street which may be available as well. Check zoning for multiple dwellings.
Horses & corrals on property belong to tenant and do not convey.
All info deemed reliable but not guaranteed buyer to verify prior to COE.

Location

State CA

County San Diego

Area 92028 - Fallbrook

Zoning Multi Res

Rooms

Other Rooms Aviary, Guest House, Gazebo, Outbuilding, Shed(s), Storage, Two On A Lot, Workshop

Interior

Heating None

Cooling None

Flooring Carpet, Laminate

Fireplaces Type Family Room

Laundry Electric Dryer Hookup, Gas Dryer Hookup, Laundry Room

Exterior

Exterior Feature Koi Pond

Parking Features Asphalt, Detached Carport, On Site, Private, Pull-through, RV Access/Parking

Fence Chain Link

Pool Private

Community Features Rural

Utilities Available Propane

View Y/N Yes

View Hills

Roof Type Composition

Building

Lot Description Drip Irrigation/Bubblers, Garden, Gentle Sloping, Sprinklers In Rear, Sprinklers In Front, Lawn, Landscaped, Level, Secluded, Sprinklers Timer, Sprinklers Manual, Sprinklers On Side

Story Two

Sewer Septic Tank

Schools

School District Fallbrook Union

Others

Acceptable Financing Cash, Conventional, Subject To Other

Listing Terms Cash, Conventional, Subject To Other

Special Listing Condition Notice Of Default, Short Sale

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California Regional MLS (CRMLS)
Listed by Marilee Lowe • Prudential Calif-Escondido
Bought with OUT OF AREA TEM BRD • Src Non-mls
Devone Richard

Broker | License ID: 1002115

+1(626) 500-1212 | devone@nextadvisors.properties

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