
Fallbrook, California 92028
This Updated Single-Level Residence in the premier East Ridge Estates 55+ Community is a Prime Investment Opportunity, listed at $835,500—positioned well below the $871,077 Fair Market Value by 4%. This valuation gap provides $35,577 in Instant Equity for buyers. Boasting a Condition Rating of 3, the home features vaulted wood-beamed ceilings, a gourmet kitchen, and an elevated corner lot with panoramic hill views. Residents enjoy resort-style amenities including a pool, pickleball, and gated security. This turnkey sanctuary is ideal for Active Seniors or Owner-Occupants seeking a high-quality lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1113 Crescent Bend Subject | $835,500* List Price | 2 | 3 | 2,111 | $415 | - |
A 1061 Ridge Heights Sold | $779,000 | 3 | 2 | 1,992 | $391 | 0.0 mi |
B 1057 Ridge Heights Sold | $875,000 | 3 | 3 | 2,712 | $323 | 0.0 mi |
C 903 Crescent Bend Sold | $660,000 | 3 | 2 | 1,656 | $399 | 0.1 mi |
D 946 Woodcreek Road Sold | $684,000 | 3 | 2 | 1,537 | $445 | 0.3 mi |
E 173 S Mercedes Sold | $745,000 | 3 | 2 | 1,620 | $460 | 0.7 mi |
F 1024 Kiel Road Sold | $730,000 | 4 | 2 | 1,587 | $460 | 0.7 mi |
G 1168 N Crescent Ridge Active | $715,000 List Price | 2 | 3 | 1,896 | $377 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1990, this property has been well-maintained with significant recent updates including wood-look tile flooring, new carpeting, and a kitchen refresh featuring quartz countertops, subway tile backsplash, and a new cooktop. While the cabinetry appears original, the overall condition is move-in ready and functional.
Located in the premier East Ridge Estates 55+ gated community, residents benefit from a rich array of amenities including a clubhouse, pool, pickleball, tennis, RV parking, and walking trails.
The interior boasts high-end appeal with vaulted wood-beamed ceilings, a cozy corner fireplace, and modern updates such as wood-look tile flooring and a gourmet kitchen with a new cooktop.
Situated on an elevated corner lot, the home offers exceptional hill and sunset views, complemented by a private garden with fruit trees and a covered patio perfect for entertaining.
The 55+ community designation limits the potential buyer pool to a specific demographic, which can result in a longer days-on-market period compared to non-restricted residential areas.
Despite aesthetic updates, the 1990 construction year suggests that core infrastructure and major systems may be nearing the end of their typical life cycles, potentially requiring future capital expenditure.
Welcome to East Ridge Estates- 55+ Community! This sought-after gated community offers a private lifestyle with thoughtfully designed amenities and beautiful surroundings.This unique home is full of character and charm. Sitting high on a corner lot, it offers gorgeous views of the surrounding hills and sunsets. As you enter you are welcomed by stylish wood-look tile and updated carpet throughout. The open living and dining area feature plenty of natural light, a vaulted wood-beamed ceiling, and corner fireplace. Step into the gourmet kitchen with plenty of cabinets, new cook top, sunny breakfast nook, and convenient counter seating.This spacious floor plan offers two generous sized bedrooms and designated office space. Each bedroom has its own bathroom with tasteful updates, walk-in closet, and sliding glass door. The backyard includes an inviting covered patio area paired with a peaceful private garden with fruit trees. Also included are two fruit/vegetable plots in the lovely community garden. Amenities include:clubhouse, pool, pickle ball, tennis, bocce ball, RV parking, walking trails, off-leash park, and plenty of activities. Schedule your private showing today!
No exterior & parking available.
Grades K-6 • 0.5 mi
Grades K-6 • 1.3 mi
Grades 7-8 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 7% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,111 | 2,288 | 39% |
| Lot Size | 7,708 | 25,264.801 | 32% |
| Price | $835.5K | $925.0K | 34% |
| Price per sq ft | $396 | $422 | 39% |
| Built year | 1990 | 1991 | 47% |
| HOA | $350.0 | $0 | 94% |
| Days on market | 53 | 142 | 14% |
Apr 23, 2026
$835,500
Initial Listing
Feb 16, 2022
$731,000
Public Record
May 7, 2019
$515,000
Public Record
May 9, 2016
$469,000
Public Record
Sep 2, 2010
$325,000
Public Record
Feb 18, 1997
$220,000
Public Record