
Fallbrook, California 92028
This Classic Ranch Home represents a High-Potential Investment Opportunity, listed at $1,200,000—positioned above the $1,011,617 Fair Market Value. While the property carries a Fair Condition Rating due to its 1988 vintage, it offers significant utility through its 1.45-acre lot and a Professional-Grade Workshop with an engine winch. The property requires cosmetic modernization, yet provides a unique foundation for value-add projects. This versatile asset is an ideal acquisition for Car Enthusiasts or Owner-Occupants seeking a functional, expansive country estate with substantial hobbyist infrastructure.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1044 Valentine Lane Subject | $1,200,000* List Price | 3 | 3 | 2,288 | $442 | - |
A 1036 Capra Way Sold | $1,305,000 | 4 | 3 | 3,021 | $432 | 0.0 mi |
B 2844 Live Oak Park Rd Sold | $929,000 | 4 | 3 | 2,224 | $418 | 0.6 mi |
C 804 El Paisano Sold | $988,000 | 3 | 3 | 2,128 | $464 | 0.5 mi |
D 3353 Yerba Buena Drive Sold | $1,230,000 | 3 | 3 | 2,862 | $430 | 0.3 mi |
E 2713 E Mission Active | $1,349,000 List Price | 4 | 3 | 2,482 | $544 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1988 (36 years old), the property falls into the 'Fair' category due to its age and dated interior. While the listing mentions a remodeled kitchen, the images reveal original 1980s features including scalloped wood cabinetry in the bathrooms/hallways, floral wallpaper borders, and dated mirrored closet doors. The home appears well-maintained and functional, but requires cosmetic updates and likely system evaluations given its 30+ year age.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 63162, living area = 2288.
The property features a rare, large auto shop equipped with an engine winch and substantial equipment capacity, making it an exceptional find for car collectors, mechanics, or hobbyists.
Spanning approximately 1.45 acres, the grounds include mature avocado and orange trees, offering a private, productive country setting that epitomizes the classic Fallbrook lifestyle.
The property is subject to recorded CC&Rs and a private road maintenance agreement, which may impose usage restrictions and ongoing financial or logistical responsibilities on the homeowner.
With over 1.4 acres of mature trees and multiple outbuildings, the property requires significant ongoing landscaping and exterior maintenance compared to a standard residential lot.
Classic ranch character and approximately 1.45 acres set the tone for this single story Fallbrook home at the corner of Valentine Lane and Capra Way, where covered patios, mature avocado and orange trees, and a private road create an inviting country setting. Inside, a remodeled kitchen anchors the residence, complemented by a separate family room with a wood burning fireplace and dedicated office. The comfortable floor plan provides practical areas for daily living, working from home, and entertaining, with easy access to the outdoors. For anyone who needs more than a standard garage, this property delivers something increasingly difficult to find: a large auto shop with an engine wench/puller and substantial vehicle and equipment capacity. It is an impressive setup for car enthusiasts, collectors, restoration projects, hands-on hobbies, or buyers who simply need a serious workshop at home. A separate shed adds useful storage, while the generous grounds provide flexibility for additional vehicles, equipment, gardening, and recreation. For buyers searching Fallbrook and North San Diego County for a classic ranch home with land and exceptional garage capabilities, this property brings together charm, function, and versatility in a setting with plenty of possibilities. Property is subject to recorded CC&Rs and a private road maintenance agreement. Buyer to verify all restrictions and road maintenance obligations.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.7 |
| Baths | 3.0 | 3.0 |
| Square foot | 2,288 | 2,314.399 |
| Lot Size | 63,162 | 47,267.225 |
| Price | $1.20M | $919.6K |
| Price per sq ft | $524 | $428 |
| Built year | 1988 | 1992 |
| HOA | $0 | $195 |
| Days on market | 4 | 59 |
Sep 5, 2026
$1,200,000
Initial Listing
Jun 16, 1998
$258,000
Public Record