1066 Ridge Heights Drive, Fallbrook, California 92028, Fallbrook, 92028 - 2 bed, 2 bath
Loading property details...
1066 Ridge Heights Drive
Fallbrook, California 92028
ACTIVE
CONDITION: GOOD
2Beds
2Baths
1,839Sq Ft
7,405.2Lot Size
Property Price
LIST PRICE$724,500
EST. MARKET VALUE
$724,500
SUMMARY
This Single-Family Residence is a Prime Investment Opportunity, listed at $749,900—positioned well below the $770,959 Fair Market Value by 2%. This valuation gap offers $21,059 in Instant Equity. Featuring a Good Condition Rating with a remodeled kitchen and master shower, this home offers a functional single-level layout on a private cul-de-sac. With access to premium 55+ community amenities and scenic mountain views, this property is an ideal acquisition for Active Retirees or Owner-Occupants seeking a turnkey, low-maintenance lifestyle.
Estimated Market Value
$724,500
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 |
|---|---|---|---|---|---|---|
★ 1066 Ridge Heights Drive Subject 2 bd · 2 ba · 1,839 sqft · $394 | $724,500* List Price | 2 | 2 | 1,839 | $394 | - |
A 903 Crescent Bend Sold 3 bd · 2 ba · 1,656 sqft · $399 · 0.2 mi | $660,000 | 3 | 2 | 1,656 | $399 | 0.2 mi |
B 955 La Rue Avenue Sold 3 bd · 2 ba · 1,785 sqft · $453 · 0.3 mi | $809,000 | 3 | 2 | 1,785 | $453 | 0.3 mi |
C 1217 Juliette Place Sold 3 bd · 3 ba · 1,701 sqft · $459 · 0.4 mi | $780,000 | 3 | 3 | 1,701 | $459 | 0.4 mi |
D 173 S Mercedes Sold 3 bd · 2 ba · 1,620 sqft · $460 · 0.7 mi | $745,000 | 3 | 2 | 1,620 | $460 | 0.7 mi |
E 1024 Kiel Road Sold 4 bd · 2 ba · 1,587 sqft · $460 · 0.7 mi | $730,000 | 4 | 2 | 1,587 | $460 | 0.7 mi |
F 377 Natalie Way Sold 4 bd · 3 ba · 2,291 sqft · $396 · 0.7 mi | $907,500 | 4 | 3 | 2,291 | $396 | 0.7 mi |
G 1077 Felicidad Dr Sold 4 bd · 3 ba · 2,304 sqft · $313 · 0.6 mi | $720,000 | 4 | 3 | 2,304 | $313 | 0.6 mi |
H 157 S Mercedes Road Active Under Contract 3 bd · 2 ba · 1,620 sqft · $478 · 0.7 mi | $775,000 List Price | 3 | 2 | 1,620 | $478 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Built in 1990 but features a remodeled kitchen with updated countertops and backsplash, along with a newer remodeled master shower. The home is well-maintained with wood flooring and appears move-in ready, placing it within the 5-15 year renovation criteria for a 'Good' rating.
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 = 7405, living area = 1839.
- Active 55+ Lifestyle Amenities
Located in the gated East Ridge Estates, the property offers access to premium community features including a pool, pickleball courts, RV parking, and community gardens, catering perfectly to an active retirement lifestyle.
- Prime Cul-de-Sac Location
Situated on an upper cul-de-sac, this home provides exceptional privacy and quietude, complemented by scenic views of mountains, hiking trails, and sunrises.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =7405, other record lot size in square feet = 7334.
- Limited Bedroom Count
With only two bedrooms for over 1,800 square feet, the home may lack the flexibility required by buyers needing a dedicated home office or multiple guest spaces.
- Age-Related Maintenance
Built in 1990, the property may require updates to older systems or original finishes not covered by the recent kitchen and bath remodels to meet modern efficiency standards.
About 1066 Ridge Heights Drive
REDUCED!! GREAT VALUE!! HIGHLY SOUGHT AFTER EAST RIDGE ESTATES GATED 55+ COMMUNITY THIS SINGLE LEVEL HOME WITH HUGE 3-CAR GAR, IS LOCATED ON UPPER CULDESAC ! PRIME LOCATION! VERY QUIET AND PRIVATE, WELL-MAINTAINED, A LOVELY HOME, WITH VAULTED CEILINGS, WOOD FLOORING, TONS OF STORAGE INSIDE HOME & IN GARAGE. VIEW OF HIKING TRAILS,TALL PINES, GORGEOUS SUNRISES AND MOUNTAINS. BEAUTIFUL REAR YARD WITH COLORFUL FLOWERS AND SPACIOUS COVERED PATIO. FAMILY ROOM WITH FIREPLACE, SLIDERS OUT TO PATIO & VIEWS. SPACIOUS MASTER BEDROOM WITH PRIVATE BATH WITH NEWER REMODELED SHOWER AND INSTANT HOT WATER. SEPARATE PRIVATE GUEST SUITE TOO! SOME FAMILY FRUIT TREES. INSIDE LAUNDRY ROOM ADJ. REMODELLED KITCHEN. THIS IS AN ACTIVE COMMUNITY, WITH POOL, TENNIS, PICKLE BALL, AND INCLUDES RV PARKING AREA, COMMUNITY GARDENS, HIKING TRAIL, CLUB HOUSE AND LOTS OF FUN GET-TOGETHERS! ENJOY WATER EXERCISE, POT LUCKS, CARD PLAYING, AND MORE! THIS GREAT NEIGHBORHOOD IS NEAR CHARMING DOWNTOWN FALLBROOK VILLAGE WITH MANY RESTAURANTS, LIVE THEATRE, MUSIC & THRIVING ART CENTER, PLUS LOTS OF SHOPPING! ALSO ENJOY THE FANTASTIC MONSERATTE WINERY, AND GOLF CLUB OF CALIFORNIA OR PALA MESA GOLF RESORT AND CASINOS WITHIN A SHORT DRIVE!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1990
- Lot Size
- 7,405.2 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $350.0 / Month
Neighborhood Insights
Fallbrook Unified Schools
La Paloma Elementary School
Grades K-6 • 0.6 mi
6/10
Maie Ellis Elementary
Grades K-6 • 1.3 mi
5/10
James E. Potter Intermediate School
Grades 7-8 • 0.8 mi
4/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.8 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,839 | 2,343.723 |
| Lot Size | 7,405.2 | 46,829.322 |
| Price | $724.5K | $932.8K |
| Price per sq ft | $394 | $433 |
| Built year | 1990 | 1992 |
| HOA | $350.0 | $198 |
| Days on market | 81 | 60 |
Pricing History
Listed for Sale
Oct 23, 2026
$724,500
$749,900
-3% Price Drop
Initial Listing
Price Change
Aug 5, 2026
$749,900
Initial Listing
Sold
May 6, 2019
$560,000
Public Record
Sold
Sep 17, 2008
$430,000
Public Record