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

1027 S Live Oak Park, Fallbrook, California 92028 home-pic-0

1027 S Live Oak Park

Fallbrook, California 92028

ACTIVE
CONDITION: EXCELLENT
2Beds
2Baths
1,430Sq Ft
116,740.797Lot Size

Property Price

LIST PRICE$899,999

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

Excellent
TeardownExcellent

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

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds2.03.0
9%
Baths2.03.0
32%
Square foot1,4302,281.5
10%
Lot Size116,740.79727,007.1
85%
Price$900.0K$909.5K
48%
Price per sq ft$629$423
96%
Built year19591991
7%
HOA$0$0
50%
Days on market47178
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

Browse Properties by State Browse housing market trends by state