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Fallbrook Development Opportunity: 4.9 Acres

502 Elder, Fallbrook, CA 92028

For Sale
$1,500,000

4.9-acre parcel in Fallbrook, ideal for residential development.

Property SizeContact for details
Days on Market347

Property Features for 502 Elder

General Information

Standard status Active
Property subtype Land
Listing Agency: LPT Realty
Listed By: Tim Kirk · License #1941662
Source: Patfullerrealty
Added: Nov 28, 2025 Changed: Nov 1 Last Checked: Nov 8 at 5:22AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of LPT Realty

Rey
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Investment Insights

Based on property information with market context.

This 4.9-acre parcel in Fallbrook presents a development opportunity. The property consists of two APNs: 103-246-28-00 (3.98 acres) and 103-246-17-00 (0.92 acres). It is zoned RU (Urban Residential) with a General Plan designation of Village Residential (VR-15), allowing for various residential development possibilities. Utilities are ready, with a Fallbrook Public Utility water meter already installed and sewer access available on-site. The location is suitable for custom homes, subdivisions, or village-style living.

Key Highlights

  • Prime 4.9‑acre parcel in desirable Fallbrook location.
  • Flexible RU (Urban Residential) zoning allows for various residential development options.
  • Utilities ready: Fallbrook Public Utility water meter already installed.

Property Analytics

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Open Analytics

Suggested Use

Top Pick Parking Lot & Garage Kitchen & Bath Showroom Tech Support Center Catering Service Travel Agency Locksmith

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,624
Businesses Nearby

Demographics for 92028, CA

51,614
Population
17,985
Households
2.9
Avg Household Size
41
Median Age
35%
College-Educated
87%
High-School Grad
116.7 sq mi
ZIP Area
442
Density / Sq Mi
$102,346
Median Household Income
$46,862
Median Earnings
$1,743
Median Rent
$781,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Properties on Market for Land in Fallbrook

Jul
Aug
Sep
Oct

Frequently Asked Questions

What type of property is this?
Land - 4.9-acre parcel in Fallbrook, ideal for residential development.
Where is this land located?
The property is located at 502 Elder Fallbrook, CA.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Prime 4.9‑acre parcel in desirable Fallbrook location.; Flexible RU (Urban Residential) zoning allows for various residential development options.; Utilities ready: Fallbrook Public Utility water meter already installed.
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