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2323 Wilt Fallbrook, CA 92028
$1,325,000 3 beds, 3 baths
4, 173 sqft
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TURNKEY SHORT-TERM RENTAL & INVESTOR MASTERPIECE ON 5 ACRES! Experience the ultimate blend of custom Mediterranean luxury, privacy, and proven income potential at this spectacular hilltop estate. Perched on a scenic ridgeline with panoramic, west-facing sunset and canyon views, this custom-built 4,173 SF masterpiece features 4 spacious bedrooms, 3 bathrooms, and an unbeatably flexible layout. Already successfully optimized as a high-performing short-term rental, this property represents a rare, turnkey cash-flow opportunity for savvy investors or an incredible multi-generational sanctuary for owner-occupants. Step inside to dramatic interiors showcasing soaring vaulted ceilings, beautiful exposed timber beams, a floor-to-ceiling stone fireplace, and authentic Saltillo tile that radiates timeless Spanish/Santa Barbara charm. The massive gourmet chef’s kitchen serves as the heart of the home, fully equipped with premium Thermador appliances, dual sinks, custom lighted cabinetry, and a massive center island. The layout flows effortlessly out to a resort-style pool deck and pebble-finish pool, providing an extraordinary indoor-outdoor entertainment experience against a backdrop of rolling hills. For the investor, the value here is unparalleled. A rare and major benefit includes two legal parcels spanning nearly 5 acres of terraced landscape, offering a completely blank canvas to build an additional guest house/ADU, expand your short-term rental footprint, or create a private vineyard. Complete with a 3-car garage, expansive driveway parking for up to 11 vehicles, a primary suite with its own private view balcony, and top-tier upgrades like a newer above-ground spa and comprehensive water purification system. Gated, private, and situated in the highly desirable Fallbrook area, this income-generating view estate is priced for immediate interest. Schedule your tour today and secure a truly unique asset with immense long-term upside!

Listing Details

Property type: Single Family Residence (Single Family)
Status: Active
MLS# OC26167140
List price is $1,325,000
HOA Fee is $0.00
Beds: 3
Baths: 3 (2 full) (1 half)
Living Room fireplaces
Built in 1991
4,173 sqft
2 stories
3.97 acres
Lot size: 3.9700
Subdivision: Fallbrook
County: San Diego
Zoning: 1
Interior features: All Bedrooms Up
Lot description: Lot Over 40000 Sqft
Heating/cooling: Central Air
MLS area: 92028 - Fallbrook

Last Updated: 8/24/2026

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This listing belongs to the 92028 - Fallbrook MLS area

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Lat/Long: 33.348889, -117.180488.
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Listing Agent: Henry Mai
Lic#: 01993610
Office Name: Mission Viejo

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Total population of , which has changed by % since 1990.
The median age of the population is , while the median age of dwellings is .
Out of households, are families.

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Mission Viejo Office
23120 Alicia Parkway, Suite 100
Mission Viejo, CA 92692
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