38149 De Luz Rd, Fallbrook, California 92028, Fallbrook, - bed, bath

home-pic
ACTIVE$3,795,000
38149 De Luz Rd, Fallbrook, California 92028
3Beds
4Baths
3,000Sqft
1,350,360Lot
Year Built
2018
Close
-
List price
$3.79M
Original List price
$4M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
NP25183131
Home ConditionExcellent
Features
Excellent View: Mountain(s), Orchard, Pond, Trees/Woods
Deck
Patio
ViewMountain(s), Orchard, Pond, Trees/Woods

About this home

Nestled in the rolling hills of Fallbrook, this exceptional property combines agricultural productivity with lifestyle and business potential. Rancho Pavo Real is a thriving avocado ranch paired with a conditionally permitted wedding and event venue, offering multiple income streams in one breathtaking location. At the heart of the estate is a striking barn-style building, thoughtfully designed for versatility. Its stunning open-concept, two-story event space features a large commercial kitchen for catering teams, two spacious multi-stall restrooms, and two upstairs suites — all within approximately 3,000 square feet. From farm-to-table celebrations to luxe country living, the possibilities are endless: winery tasting room, corporate retreat headquarters, upscale private residence, wellness retreat, or elegant wedding venue. Surrounded by restored natural landscapes, the ranch offers both beauty and function — ideal for those seeking an investment in agriculture with over 4,500 established avocado trees (Reed, Hass & Gem), hospitality, or a private escape. This is a rare opportunity to own a property with built-in revenue potential in one of Southern California’s most desirable rural communities. De Luz Canyon is known for its agricultural rural community, country roads, heritage oaks and sacred land. Only 1.5 hours from San Diego, Orange County and Los Angeles, close enough for convenience yet far enough for true peace. You truly feel worlds away!

Price History

Date
Event
Price
10/27/25
Price Change
$3,795,000
08/29/25
Listing
$3,999,999
Condition Rating
Excellent

Built in 2018, this property is virtually new. The commercial kitchen features modern stainless steel appliances and finishes, and the event space boasts high-quality materials like vaulted wooden ceilings, hardwood floors, and contemporary lighting. All components appear new, well-maintained, and meet current quality standards with no visible depreciation.
Pros & Cons

Pros

Diverse Revenue Streams: The property offers multiple income opportunities from a thriving avocado ranch with over 4,500 trees and a conditionally permitted wedding and event venue, providing significant business potential.
Versatile Modern Facility: The 3,000 sqft barn-style building, built in 2018, is thoughtfully designed with an open-concept event space, commercial kitchen, multi-stall restrooms, and two upstairs suites, adaptable for various uses including hospitality, corporate retreats, or a unique residence.
Established Agricultural Asset: A substantial agricultural component with over 4,500 established avocado trees (Reed, Hass & Gem) on a large 31-acre lot ensures ongoing productivity and value.
Expansive Scenic Acreage: The property boasts a vast 31-acre lot with restored natural landscapes, offering picturesque views of mountains, orchards, a pond, and trees, ideal for privacy and a serene lifestyle.
Strategic Rural Location: Nestled in Fallbrook's agricultural rural community, it provides a peaceful escape while remaining conveniently located within 1.5 hours of San Diego, Orange County, and Los Angeles.

Cons

Conditional Event Venue Permit: The wedding and event venue operates under a conditional permit, which may involve specific ongoing requirements, restrictions, or potential future compliance challenges for a new owner.
Operational Complexity: Managing both a large-scale avocado ranch and an active event venue requires specialized agricultural expertise, significant labor, and dedicated business management skills, which may not suit all buyers.
Remote Location for Daily Convenience: While offering tranquility, its rural setting and 1.5-hour distance from major metropolitan areas could be a drawback for those seeking immediate access to urban amenities or a shorter daily commute.

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