9902 Mordigan Lane, Fallbrook, CA 92028

9902 Mordigan Lane $4,750,000

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    9902 Mordigan Lane Fallbrook, CA 92028

    • 5 Beds
    • 4 Baths
    • 3,500 sq.ft.
    • Single-Family
    • MLS# SW19231519
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    Views: 68 Days On Market: 141

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    Property Details

    9 PARCELS totaling over 126 acres. Amazing potential with 9 parcels and a profitable, operating, large-tree nursery On the main parcel, approx 22 acres: 3500 sqft estate home has 3 BR and 2.5 baths, approx 900 sqft guest house which has 2 BR/1BA. Absolutely gorgeous, fully remodeled home with rustic yet high-end feel. Walk out to your own little private lake with dock, complete with large entertainment pavilion at the water's edge. Several outbuildings on this parcel as well. Remainder of parcels/property: fully functional agricultural land. Irrigation, outbuildings, and four, yes, you read that right, FOUR producing wells throughout the parcels, in addition to a water meter on the main parcel. Property conveys with approx 5,000 mature trees of various species both in ground and boxed. Seller's estimated wholesale value is approx. $12 million. Purchase the property, sell the trees or even sell off some of the parcels, or keep the whole magnificent 126+ acres for yourself! Excellent income potential or just personal enjoyment is possible here. Build a family compound, winery, or establish a philanthropic retreat? The possibilities are truly endless. Contact listing agent for detailed tree count, equipment list, financials, etc. Additional parcels are 110-021-46-00, 110-071-09-00, 110-071-11-00, 110-071-13-00, 110-071-14-00, 110-071-15-00, 110-072-25-00, 110-220-15-00.

    • General Features
      • Association Fee 0.00
      • Community Features Rural
      • County Or Parish San Diego
      • Number Of Units Total 9
      • Property Condition Turnkey
      • Year Built 1972
    • Building Features
      • Appliances Dishwasher,Double Oven,Electric Range,Electric Water Heater,Disposal,Microwave,Refrigerator
      • Cooling Central Air,Zoned
      • Exterior Features Dock Private
      • Fireplace Features None
      • Flooring Stone
      • Full Bathrooms 3
      • Half Bathrooms 1
      • Heating Central,Zoned
      • Interior Features Bar,Beamed Ceilings,Built-in Features,Ceiling Fan(s),Granite Counters,High Ceilings,Pantry,Recessed Lighting,Stone Counters,Wet Bar
      • Laundry Features Individual Room,Inside
      • Living Area 3500.00
    • Property Features
      • Lot Features Agricultural, Agricultural - Tree/Orchard, Horse Property, Lot Over 40000 Sqft, Sprinkler System, Treed Lot
      • Lot Size Acres 126.81
      • View Canyon,City Lights,Hills,Mountain(s),Orchard,Park/Greenbelt,Pond,Rocks,Trees/Woods,Valley,Water
      • Waterfront Features Pond
      • Parking Total 24.00
      • Pool Private Y/N 0
      • Pool Features None

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    Neighborhood

    92028 (Fallbrook) Demographics

    39 Median Age
    514 Population Density (per sq. mile)
    39% College Educated
    $60,196 Estimated Median Income
    11,138 Estimated Total Home Owners
    5,472 Estimated Total Renters
    67% / 33% Estimated Owner / Renter Divide
    3 Estimated Average Household Size
    48,468 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days

    $623,500 Median Sales Price
    45 Homes Sold
    184 New On Market

    Average Days on Market

      Properties for Sale

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $4,750,000
        1/17/2020 5:18:25 PM Price Reduced Source New Value: $4,750,000 -4.04%
        9/30/2019 9:48:00 AM New in Database Source New Value: $4,950,000

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        Based on information from California Regional Multiple Listing Service, Inc. as of 2/18/2020 10:15:31 PM. 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.