
Fallbrook, California 92028
This Spacious Single Family Residence represents a Strong Value Opportunity, listed at $1,215,000—positioned above the $1,172,626 Fair Market Value. While priced slightly above market, the property features a Detached ADU and a massive 23,522 sqft lot, offering significant utility for multi-generational living. With a Fair Condition Rating and recent exterior updates, the home provides a solid foundation for cosmetic personalization. Located near Fallbrook High School, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a private, gated-community lifestyle with long-term appreciation potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1045 Inverlochy Subject | $1,215,000* List Price | 5 | 4 | 3,879 | $302 | - |
A 190 Mission Oaks Road Sold | $963,000 | 4 | 4 | 3,134 | $307 | 0.7 mi |
B 1147 Sea Larke Drive Sold | $950,000 | 4 | 3 | 2,426 | $392 | 0.4 mi |
C 1089 Inverlochy Drive Sold | $1,065,000 | 4 | 3 | 2,958 | $360 | 0.1 mi |
D 1145 Sea Larke Drive Sold | $1,050,000 | 4 | 4 | 3,136 | $335 | 0.4 mi |
E 1545 Loch Ness Drive Active | $1,249,000 List Price | 4 | 5 | 3,612 | $346 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2001, the property is 23 years old, placing it in the 'Fair' category based on age. While the listing highlights new exterior paint and downstairs flooring, the kitchen and bathrooms appear dated with original 2001-era white appliances, tile flooring, and granite patterns. The home is well-maintained but requires cosmetic updates to the primary systems and wet areas to move beyond its original construction style.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 23522, living area = 3879.
The property features a separate back house above the garage with a full bathroom, providing excellent flexibility for multi-generational living, guest accommodations, or a private home office.
Situated on over half an acre in an exclusive gated community, the lot extends beyond the rear fence to ensure maximum privacy and a serene, country-living atmosphere.
The assigned public schools carry ratings between 4 and 5, which may be a consideration for families specifically seeking high-performing academic districts.
Despite recent paint and flooring, the 2001 construction and traditional granite kitchen layout may feel dated to buyers looking for a fully modernized or contemporary aesthetic.
New Flooring downstairs! New Exterior paint! Must see this beautiful 5 Bedroom, 4 Bath 2 level home in this enchanting Gated Community! This home sits on a spacious large lot offering plenty of privacy. The lot line extends behind the backyard fence offering maximum privacy. There is also a back house (ADU) above the garage with bathroom and shower perfect for guests or parents who want to enjoy their privacy. Enjoy walking to pepper tree park where you can enjoy playing bocce, walking trails and basketball courts. The bright, open floor plan features a large granite island kitchen that is adjacent to the family room complete with fireplace. There is also a formal living area and a spacious dining room. Notice the beautiful chandeliers as you tour the home. In the spacious backyard you will find low maintenance turf and lush green trees behind the home. There is also a nice patio area with BBQ island to enjoy relaxing evenings and family gatherings. Come see this beautiful property and enjoy country living in this exclusive gated community.
No exterior & parking available.
Grades K-6 • 1.6 mi
Grades K-6 • 1.9 mi
Grades 7-8 • 1.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 90% |
| Baths | 4.0 | 3.0 | 77% |
| Square foot | 3,879 | 2,341 | 92% |
| Lot Size | 23,522 | 24,829.199 | 49% |
| Price | $1.22M | $925.0K | 78% |
| Price per sq ft | $313 | $418 | 10% |
| Built year | 2001 | 1992 | 59% |
| HOA | $264.0 | $0 | 83% |
| Days on market | 16 | 142 | 8% |
May 21, 2026
$1,215,000
Initial Listing
Jul 1, 2004
$705,000
Public Record
Jul 18, 2000
$416,000
Public Record