1001 Riverview Drive, Fallbrook, California 92028, Fallbrook, 92028 - 3 bed, 3 bath
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Fallbrook, California 92028
This Turnkey Coastal-Style Residence represents a Strong Value Opportunity, listed at $1,119,000—positioned well below the $1,190,000 Fair Market Value by 5%. This valuation gap provides $71,000 in Instant Equity. Featuring a Mint Condition Rating, the home includes a remodeled kitchen with Bosch appliances, owned solar, and a resort-style backyard with a pool, spa, and steam room. With its expansive lot and mountain views, this property is an ideal acquisition for Owner-Occupants or lifestyle-focused buyers seeking a private, move-in ready sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1001 Riverview Drive Subject | $1,119,000* List Price | 3 | 3 | 3,000 | $397 | - |
A 2025 James Gaynor Street Sold | $995,000 | 4 | 4 | 3,285 | $303 | 0.7 mi |
B 1611 Hillcrest Active | $875,000 List Price | 4 | 3 | 1,970 | $444 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Though built in 1960, the property has undergone extensive recent renovations including a remodeled kitchen with Bosch stainless steel appliances, updated ceramic tile flooring, and a modern steam shower. High-end exterior upgrades like 6,000 sq ft of newer pavers, owned solar, and updated HVAC systems place this in mint, move-in ready condition.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 25700, living area = 3000.
The property features a resort-style backyard with a sparkling pool, spa, and a comprehensive cabana equipped with a steam room, plus 6,000 square feet of premium pavers for high-end entertaining.
Equipped with fully owned solar panels and a remodeled kitchen featuring Bosch stainless steel appliances, this home offers significant utility savings and contemporary interior finishes.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =25700, other record lot size in square feet = 44431.
Originally built in 1960, the property may possess older underlying systems or structural elements that could require more maintenance than a modern build despite recent cosmetic upgrades.
A significant price reduction within the first 10 days of listing suggests the initial valuation may have been aggressive for the Fallbrook market, potentially impacting buyer perception.
Enjoy this coastal style home in a country setting that can entertain family, friends and new neighbors with a beautiful sparkling pool, spa, deck with views, and BBQ, stack stone fireplace & cabana with shower, steam room, sink & toilet. This single level 3 bedroom, 3 bath home boasts open floor plan and tons of big view windows. Lots of privacy and mountain views! Many upgrades: remodeled kitchen with Bosch SS appliances, ceramic tile flooring throughout except theater room and third bedroom, which have newer carpet. Entrance is fully gated and fenced with 6000 square feet of gorgeous pavers with a viewing area for amazing sunsets. Two sheds, pool pump building and 134 feet of newer vinyl fencing by orange, lime, grapefruit, lemon, nectarine, peach and persimmon trees. Plenty of room for raised garden beds. A/C & heating. 2 miles to I-15 freeway, 3 miles to downtown Fallbrook. OWNED SOLAR! This neighborhood is a great place to walk and meet other neighbors. Note: theater room is also considered the family room.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 3,000 | 2,341 | 73% |
| Lot Size | 25,700.4 | 25,264.801 | 51% |
| Price | $1.12M | $925.0K | 70% |
| Price per sq ft | $373 | $418 | 29% |
| Built year | 1960 | 1992 | 9% |
| HOA | $0 | $0 | 50% |
| Days on market | 14 | 142 | 8% |
May 25, 2026
$1,119,000
Initial Listing
May 23, 2026
$1,190,000
Initial Listing
Jul 18, 2023
$243,000
Public Record
Dec 6, 2019
$156,000
Public Record
Apr 2, 1999
$55,000
Public Record