1068 Barsky Lane, Fallbrook, California 92028, Fallbrook, 92028 - 5 bed, 3 bath
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Fallbrook, California 92028
This Spacious Single-Family Residence is a Strong Value Opportunity, listed at $1,124,000—positioned well below the $1,146,425 Fair Market Value by 2%. This valuation gap offers $22,425 in Instant Equity. The home is in Good Condition, featuring a versatile 5-bedroom layout, a pool, and significant recent upgrades like a 2024 tankless water heater. Located in the Fallbrook Union High School District, this property is an ideal acquisition for Owner-Occupants or VA-eligible buyers seeking to assume a low-interest loan.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1068 Barsky Lane Subject | $1,124,000* List Price | 5 | 3 | 3,004 | $382 | - |
A 789 Glenhart Place Sold | $1,065,000 | 4 | 3 | 2,670 | $399 | 1.0 mi |
B 1089 Inverlochy Drive Sold | $1,065,000 | 4 | 3 | 2,958 | $360 | 0.7 mi |
C 721 Highland Park Sold | $904,000 | 4 | 3 | 2,197 | $411 | 0.8 mi |
D 1105 Via Prado Sold | $850,000 | 4 | 3 | 2,000 | $425 | 0.7 mi |
E 2157 Berwick Woods Sold | $1,055,000 | 4 | 3 | 2,612 | $404 | 0.9 mi |
F 280 Shetland W Sold | $1,040,000 | 4 | 4 | 3,373 | $308 | 0.6 mi |
G 2116 Kirkcaldy Active | $1,100,000 List Price | 4 | 3 | 3,289 | $334 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1997, the property is exceptionally well-maintained and move-in ready. It features significant recent system and exterior upgrades including a 2024 tankless water heater, newer roof sections, new windows, and skylights. The kitchen has been refreshed with newer appliances and cabinetry, and the interior features newer carpet, placing it firmly in the 'Good' category despite its chronological age.
The property offers a rare assumable VA loan at a 2.875% interest rate, providing qualified buyers with massive monthly savings compared to current market rates.
Significant investments including a 2024 tankless water heater, newer windows, skylights, and refreshed kitchen cabinetry ensure modern comfort and reduced immediate maintenance.
The 3,004-square-foot floor plan includes a highly desirable main-level bedroom and full bathroom, ideal for guests, seniors, or a private home office.
The roof has only been replaced over the front portion of the home, suggesting the remaining sections may require attention or replacement in the near future.
A monthly association fee of $330 adds a significant recurring cost to the property's carrying expenses compared to non-HOA neighborhoods in the area.
Welcome to this spacious and well-maintained home in the desirable Village Crest community of Fallbrook. Offering approximately 3,004 square feet of living space, this thoughtfully designed residence features 5 bedrooms and 3 full bathrooms, including a convenient main-level bedroom and bath perfect for guests, multigenerational living, or a home office. The functional floor plan offers generous living spaces, a bright kitchen with custom pantry organization, and seamless indoor-outdoor living. Numerous recent improvements provide peace of mind and modern comfort, including a tankless water heater (2024), whole house fan, newer roof over the front portion of the home, six new windows, a new sliding glass door, new skylights, refreshed kitchen cabinetry, newer kitchen appliances, mahogany front French doors, updated garage doors, newer carpet, vinyl fencing, drought-tolerant landscaping, and a beautifully enhanced backyard with pool turf and retaining wall. Enjoy the convenience of an attached garage, spacious backyard, and the amenities of the Village Crest community. One of the property's most valuable features is the opportunity for qualified VA buyers to assume the existing VA loan with an exceptionally low 2.875% interest rate, subject to lender approval and eligibility. This home offers an outstanding combination of space, thoughtful upgrades, and exceptional financing potential in one of Fallbrook's sought-after neighborhoods.
No exterior & parking available.
Grades K-6 • 0.8 mi
Grades K-6 • 1.4 mi
Grades 7-8 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 4.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 3,004 | 2,169 |
| Lot Size | 14,810.4 | 47,480.4 |
| Price | $1.12M | $917.5K |
| Price per sq ft | $374 | $426 |
| Built year | 1997 | 1991 |
| HOA | $330.0 | $176 |
| Days on market | 6 | 60 |
Jul 17, 2026
$1,124,000
Initial Listing
Jul 16, 2026
$1,150,000
Initial Listing
Jul 10, 2020
$655,000
Public Record
Dec 12, 1997
$295,000
Public Record