1027 S Live Oak Park, Fallbrook, California 92028, Fallbrook, 92028 - 2 bed, 2 bath

1027 S Live Oak Park
Fallbrook, California 92028
Property Price
SUMMARY
Analysis of 1027 S Live Oak Park, Fallbrook, California 92028 is currently available with a list price of $899,999. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Fallbrook Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Although built in 1959, the property has undergone an extensive and high-quality renovation within the last 5 years. The interior features a modern kitchen with stone countertops and stainless steel appliances, fully updated bathrooms with contemporary tile work and fixtures, and new flooring throughout. With updated recessed lighting, modern windows, and well-maintained systems, the home meets current quality standards with no visible deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 116740, living area = 1430.
- Agricultural & Water Assets
The property features 2.68 usable acres with A70 zoning and a rare agricultural well, providing an ideal setup for hobby farming, livestock, or lush landscaping without high water costs.
- Significant Expansion Potential
With a level pad at the top of the lot and an existing mini casita, there is exceptional potential to add a full-sized ADU, guest house, or rental unit to increase property value.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1430, other record living area = 925.
- Modest Interior Square Footage
At 1,430 square feet with only two bedrooms, the main residence may feel restrictive for larger families or buyers seeking a more substantial primary home.
- Permit & Utility Uncertainty
The mini casita and various outbuildings require buyer verification for permits and utility connections, posing a potential risk for those planning immediate conversions.
About 1027 S Live Oak Park
Idyllic Fallbrook gated retreat on 2.68 lush and usable acres. This charming home has been thoughtfully renovated, blending vintage character with modern updates throughout. Bedrooms walk out to private patios for secluded relaxation. Set on a picturesque rural lot, the property offers public water to the main residence plus a separate agricultural well capable of watering the property - ideal for hobby farming, gardens, or expanded use. The land is a standout, featuring multiple usable outbuildings: a large barn/shed, and a unique old root cellar that adds character and potential for creative restoration. A mini casita offers flexibility for future conversion to a fully livable guest house, rental, or granny flat (buyer to verify utilities and permits). Enjoy a beautiful flat garden area perfect for growing, along with an additional expansive, level pad at the top of the property - well suited for a full-sized ADU/guest house, additional structures, or expanded agricultural use. Zoned A70, allowing for certain numbers of horses, chickens, goats, horticulture, etc. Ready-to-use clean animal pens are move-in ready for your furry or feathered friends. Plenty of room for RV, tractor, or boat parking. Peaceful and private - stand in your serene gardens and you'd never know you're less than 5 minutes to I-15 and 7 minutes to town. This property offers the best of Fallbrook living with room to grow, build, and create.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1959
- Lot Size
- 116,740.797 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 9% |
| Baths | 2.0 | 3.0 | 32% |
| Square foot | 1,430 | 2,281.5 | 10% |
| Lot Size | 116,740.797 | 27,007.1 | 85% |
| Price | $900.0K | $909.5K | 48% |
| Price per sq ft | $629 | $423 | 96% |
| Built year | 1959 | 1991 | 7% |
| HOA | $0 | $0 | 50% |
| Days on market | 47 | 178 | 7% |
Pricing History
Listed for Sale
Jan 19, 2026
$899,999
Initial Listing
Sold
Jun 30, 2021
$835,000
Public Record
Sold
Aug 20, 2018
$555,000
Public Record
Sold
Apr 7, 2000
$180,000
Public Record



































