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$1,550,000

5347 5th St Fallbrook, CA 92028

4 beds
4 full
2,041 sqft
2.7 acres
$759 / sqft
House

Property details

About 5347 5th St

Welcome to your own private compound—nearly 3 fully usable acres of opportunity, privacy, and potential! Tucked behind secure gates with four 30-foot entrances allowing seamless pull-through access for large vehicles, this one-of-a-kind property is ideal for multi-generational living, income production, or future development. The main residence offers 3 spacious bedrooms and 2 beautifully renovated bathrooms, featuring updated plumbing, electrical, new windows, roof, fresh paint, and flooring throughout. Just steps away, the detached garage boasts a fully remodeled 1 bed, 1 bath loft apartment complete with its own laundry—perfect for guests, tenants, or extended family. But that’s just the beginning—this versatile garage also includes its own full bathroom and laundry area and can easily be converted into an additional living space or ADU. And if you're looking to expand, the property includes approved plans and permits for an impressive 80'x40' metal building structure with three 18’ roll-up doors—ideal for a workshop, warehouse, or collector’s garage. Enjoy outdoor living under a stylish covered patio with built-in seating and an above-ground spa—your private retreat to unwind or entertain. This property has also proven itself as a successful Airbnb, offering strong income potential. With room to grow, space to build, and upgrades throughout, this turnkey estate is a rare opportunity for homeowners, investors, and visionaries alike.

Highlights

Home typeSingle Family Residence
HeatingCentral
StatusActive
CoolingGas
Size2,041 sqft
Lot size2.69 Acres
Year built1973
ParkingDriveway, Garage, RV Access/Parking
MLS #NDP2506310
Garage3 spaces
FireplaceLiving Room
ViewHills, Mountain(s)

Summary

  • Full Bathrooms: 4
  • Appliances: Dishwasher, Electric Range, Gas Range, Microwave, Refrigerator, Trash Compactor, Tankless Water Heater, Dryer, Washer
  • Flooring Type: Concrete, Tile, Wood
  • Interior: Balcony, Furnished
  • Fireplace: Living Room
  • Total Bedroom Count: 4
  • Garage Space: 3 spaces
  • Attached Garage: No
  • Private Pool: No
  • Parking: Driveway, Garage, RV Access/Parking
  • View: Hills, Mountain(s)
  • Architectural Style: Patio Home
  • Heating: Central
  • Cooling: Gas
  • List Price: $1,550,000
  • Price/SqFt: $759
  • HOA Amount: $0
  • Annual Tax Amount: $8,977
  • Tax Year: 2024
  • Lot: Landscaped
  • Directions: Rainbow Valley Blvd W to 5th St
  • Year Built: 1973
  • Stories: 1
  • Living Area: 2,041 SqFt
  • Lot Size: 2.69 Acres
  • MLS Number: NDP2506310
  • MLS Name: CRMLS
  • Office Name: Signature Real Estate Group
  • Office Phone: (951) 445-4200
  • Listing Agent: Adam Nogueira

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/21/2025, 5:45:29 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

DateEventPrice
Aug 22, 2023
Home Sold
$854,000

Tax history

YearAssessmentProperty Tax
2024$854,000$8,977
2023$89,430$950
2022$87,678$936
2021$85,960$912
2020$85,080$915
2019$83,412$883
2018$81,777$883
2017$80,174$865

History based on county public records data.

Nearby schools

6

Temecula Luiseño Elementary School

Public District KG-5

4.1 mi

45754 Wolf Creek Dr N

7

Helen Hunt Jackson Elementary School

Public District KG-5

4.5 mi

32400 Camino San Dimas

9

Red Hawk Elementary School

Public District KG-5

4.7 mi

32045 Camino San Jose

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $65,653. Residents of Fallbrook, CA typically earn between $35k-100k each year. The majority of families are single, no kids. Most residents in this area have post secondary degree education.

How much money do the neighbors make?

22%
<35k
50%
35k-100k
26%
100k-200k
2%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

33%
Single, No Kids
7%
Single, with Kids
32%
Married, No Kids
28%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

13%
<11 yrs old
9%
12-17 yrs old
21%
18-34 yrs old
43%
35-64 yrs old
14%
65+ yrs old

What do the neighbors do for fun?

  • HuntingHunting
  • Figure SkatingFigure Skating
  • NASCARNASCAR

Where do the neighbors shop?

  • DillardsDillards
  • Dick's Sporting GoodsDick's Sporting Goods
  • Wal-MartWal-Mart

Where do the neighbors go to eat?

  • Cracker BarrelCracker Barrel
  • Texas RoadhouseTexas Roadhouse
  • Hardee'sHardee's

What do the neighbors drive?

  • CadillacCadillac
  • SubaruSubaru
  • RamRam

What do the neighbors listen to?

  • News/Talk/InformationNews/Talk/Information
  • New CountryNew Country
  • Classic CountryClassic Country
All data provided by Home Junction and Claritas

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Frequently asked questions

About 5347 5th St

The listing price of 5347 5th St property is $1,550,000.

The property 5347 5th St is a house located in Fallbrook, California, 92028.

Active Listing: 5347 5th St is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 5347 5th St are: Temecula Luiseño Elementary School (GreatSchools Rating 6/10), Helen Hunt Jackson Elementary School (GreatSchools Rating 7/10), Red Hawk Elementary School (GreatSchools Rating 9/10), Vallecitos Elementary School (GreatSchools Rating 5/10), Erle Stanley Gardner Middle School (GreatSchools Rating 8/10), James E. Potter Intermediate School (GreatSchools Rating 4/10), Great Oak High School (GreatSchools Rating 10/10), Jcs - Pine Hills (GreatSchools Rating 6/10), Susan H. Nelson (GreatSchools Rating 5/10).

According to the records, the last property tax for 2024 is $8,977 (source: MLS/based on county public records data).

The last sale was on August 22, 2023 for $854,000 (source: MLS/tax record).

The property at 5347 5th St has 4 bedrooms and 4 bathrooms.

The property 5347 5th St is 2,041 SqFt (source: MLS/tax record).

The year of construction for 5347 5th St is 1973.

This home is located at 5347 5th St in Fallbrook, CA and zip code 92028. This 2,041 square foot home, which was built in 1973, sits on a 2.69 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since June 26, 2025 and is currently priced at $1,550,000.

Fallbrook, CA housing market in June 2025 saw over 10 listings sold above listed price, more than 11 sold at listed price and over 16 sold below. The number of listings in Fallbrook, CA increased by 1.2% between May and June 2025. In June 2025, listings were on the market for 30 days. During the same period, the median list price in this real estate market was $849,950.

From Rocket Homes Real Estate and based on county public records data.

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