1031 Inverlochy Drive, Fallbrook, California 92028, Fallbrook, 92028 - 3 bed, 3 bath
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1031 Inverlochy Drive
Fallbrook, California 92028
ACTIVE
CONDITION: GOOD
3Beds
3Baths
2,612Sq Ft
21,780Lot Size
Property Price
LIST PRICE$929,000
EST. MARKET VALUE
$969,000
4% BelowMARKET VALUE
SUMMARY
This Single-Family Residence is a Strong Value Opportunity, listed at $969,000—positioned well below the $1,016,866 Fair Market Value by 4%. This valuation gap offers $47,866 in Instant Equity. Featuring a Condition Rating of 3, the home offers turnkey living with recent updates, while the 3-car garage and nature preserve views provide significant lifestyle appeal. Located in the Fallbrook Union district, this property is an ideal acquisition for Owner-Occupants or Value-Focused Buyers seeking a private, gated sanctuary.
Estimated Market Value
$969,000+$40,000 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Fallbrook.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1031 Inverlochy Drive Subject 3 bd · 3 ba · 2,612 sqft · $371 | $929,000* List Price | 3 | 3 | 2,612 | $371 | - |
A 1147 Sea Larke Drive Sold 4 bd · 3 ba · 2,426 sqft · $392 · 0.4 mi | $950,000 | 4 | 3 | 2,426 | $392 | 0.4 mi |
B 1285 S Stage Coach Ln Sold 3 bd · 3 ba · 2,626 sqft · $407 · 0.9 mi | $1,070,000 | 3 | 3 | 2,626 | $407 | 0.9 mi |
C 2157 Berwick Woods Sold 4 bd · 3 ba · 2,612 sqft · $404 · 0.1 mi | $1,055,000 | 4 | 3 | 2,612 | $404 | 0.1 mi |
D 1406 Devin Sold 4 bd · 3 ba · 2,760 sqft · $418 · 0.9 mi | $1,155,000 | 4 | 3 | 2,760 | $418 | 0.9 mi |
E 2116 Kirkcaldy Sold 4 bd · 3 ba · 3,289 sqft · $336 · 0.1 mi | $1,105,000 | 4 | 3 | 3,289 | $336 | 0.1 mi |
F 1402 Broken Arrow Sold 4 bd · 3 ba · 2,369 sqft · $393 · 1.0 mi | $932,000 | 4 | 3 | 2,369 | $393 | 1.0 mi |
G 1027 Pepper Tree Lane Sold 3 bd · 2 ba · 1,728 sqft · $446 · 0.5 mi | $770,000 | 3 | 2 | 1,728 | $446 | 0.5 mi |
H 1139 Highland Park Pending 3 bd · 3 ba · 2,826 sqft · $403 · 0.2 mi | $1,140,000 List Price | 3 | 3 | 2,826 | $403 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
The home is well-maintained and move-in ready with recent cosmetic updates including new luxury vinyl plank flooring, new carpet, and fresh paint. While functional, the 2001 kitchen and baths are original, with the listing noting room for future countertop and appliance upgrades.
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 = 21780, living area = 2612.
- Exceptional Privacy and Setting
Located in the gated Peppertree Park community, this home backs directly to a nature preserve with no rear neighbors, offering a rare level of tranquility and unobstructed greenbelt views.
- Versatile 3-Car Garage Configuration
The property features a unique 2-car garage plus a separate 1-car garage, providing ideal flexibility for a dedicated workshop, home gym, or specialized storage that is highly sought after in this market.
CONSRISKS & DEFICIENCIES
- Partial Kitchen Modernization
Although the cabinetry has been refreshed, the kitchen still requires capital investment for countertop and appliance upgrades to fully align with modern luxury expectations.
- Ongoing HOA Carrying Costs
The monthly association fee of $264 represents a mandatory recurring expense that buyers must factor into their long-term ownership budget compared to non-gated alternatives.
About 1031 Inverlochy Drive
PRICE REDUCTION from a MOTIVATED SELLER for this Single-level living in gated Peppertree Park, backing to a nature preserve with no rear neighbors! This approx. 2,612 sq ft home offers 3 bedrooms, 2.5 baths, and a rare combination of a 2-car garage plus a separate 1-car garage, ideal for a workshop, gym, or extra storage. Move-in-ready updates include luxury vinyl plank flooring in the main living areas, carpet in all bedrooms, plantation shutters throughout, and a fresh neutral palette. The kitchen features a center island and abundant freshly painted cabinetry, with room to add your own countertop and appliance upgrades. It opens to a spacious family room with ceiling fan and direct backyard access, while the formal living and dining rooms offer a separate space to entertain. The oversized primary suite includes a ceiling fan, en-suite bath, and large walk-in closet. Two secondary bedrooms share a full bath, plus a powder room for guests. Outside, enjoy a private, expansive yard with a concrete patio, generous lawn, and peaceful preserve views. HOA includes Peppertree Park's 6-acre amenity area with playground, sport court, nature trails, and BBQ picnic areas. Just 2 miles to Fallbrook's charming downtown village with easy access to the 76 Hwy.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2001
- Lot Size
- 21,780 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $264.0 / Month
Neighborhood Insights
Fallbrook Unified Schools
Live Oak Elementary School
Grades K-6 • 1.6 mi
4/10
Maie Ellis Elementary
Grades K-6 • 1.9 mi
5/10
James E. Potter Intermediate School
Grades 7-8 • 1.5 mi
4/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.8 |
| Baths | 3.0 | 3.0 |
| Square foot | 2,612 | 2,343.723 |
| Lot Size | 21,780 | 46,829.322 |
| Price | $929.0K | $932.8K |
| Price per sq ft | $356 | $433 |
| Built year | 2001 | 1992 |
| HOA | $264.0 | $198 |
| Days on market | 30 | 60 |
Pricing History
Listed for Sale
Oct 22, 2026
$929,000
$949,000
-2% Price Drop
Initial Listing
Price Change
Oct 9, 2026
$949,000
$969,000
-2% Price Drop
Initial Listing
Price Change
Sep 25, 2026
$969,000
Initial Listing
Sold
Jul 10, 2000
$325,000
Public Record