112 Palmas Norte, Fallbrook, California 92028, Fallbrook, 92028 - 3 bed, 3 bath

112 Palmas Norte, Fallbrook, California 92028 home-pic-0
ACTIVE$1,075,000
112 Palmas Norte, Fallbrook, California 92028
3Beds
3Baths
2,191Sqft
54,014.398Lot

Price Vs. Estimate

The estimated value ($1,075,000) is $0 (0%) lower than the list price ($1,075,000). This property may be overpriced.

Key pros and cons

Top Pros:
Extensive Recent Renovation: The home has undergone a comprehensive renovation, including a new kitchen, primary bathroom, flooring, and paint throughout, making it move-in ready for buyers.
Top Cons:
Property Age & Potential System Updates: Built in 1977, while recently renovated, the core structure and some major systems may still be original or older, potentially requiring future maintenance or upgrades beyond the cosmetic renovations.

Compared to the nearby listings

Price:$1.07M vs avg $884.0K (+$191,000)66%
Size:2,191 sqft vs avg 2,188 sqft51%
Price/sqft:$491 vs avg $42379%

More Insights

Built in 1977 (48 years old).
Condition: Despite being built in 1977, the property has undergone a recent and extensive renovation, as explicitly stated in the description ('just gone through a renovation', 'new kitchen and primary bathroom, new flooring and paint throughout'). The images confirm this, showcasing a brand-new, modern kitchen with white shaker cabinets, quartz countertops, subway tile backsplash, and stainless steel appliances. The primary bathroom features a freestanding tub, a large walk-in shower with modern tiling, and contemporary vanities, all appearing virtually new. Other bathrooms also show recent, high-quality updates. New light wood flooring and fresh paint are evident throughout the main living areas and bedrooms. All major components appear new or virtually new, meeting current quality standards with no deferred maintenance, aligning perfectly with the 'Excellent' condition criteria for a recently renovated property.
Year Built
1977
Close
-
List price
$1.07M
Original List price
$1.15M
Price/Sqft
$491
HOA
-
Days on market
-
Sold On
-
MLS number
NDP2507988
Home ConditionExcellent
Features
Good View: Hills, Mountain(s)
Patio
ViewHills, Mountain(s)

About this home

Welcome to 112 Palmas Norte - a slice of heaven in the heart of Fallbrook. Come experience country living with the convenience of being close to town while still having the major freeways just minutes away. This 3 bedroom, 2.5 bathroom home has just gone through a renovation and is move-in ready for you! Situated on a 1.24 acre lot, you have room to grow, to play or to just enjoy the peace and quiet of nature. 2,191 sq ft of open living space that features vaulted, beamed ceilings, a new kitchen and primary bathroom, new flooring and paint throughout. There is also a small office/workspace in the back yard that could be perfect for an in-home office, a workout room, tool shed or whatever your needs may be. 3 car garage for all your vehicles and toys and more. Property has a side gate on the back half of the property, making it convenient for RV parking if desired.

Condition Rating
Excellent

Despite being built in 1977, the property has undergone a recent and extensive renovation, as explicitly stated in the description ('just gone through a renovation', 'new kitchen and primary bathroom, new flooring and paint throughout'). The images confirm this, showcasing a brand-new, modern kitchen with white shaker cabinets, quartz countertops, subway tile backsplash, and stainless steel appliances. The primary bathroom features a freestanding tub, a large walk-in shower with modern tiling, and contemporary vanities, all appearing virtually new. Other bathrooms also show recent, high-quality updates. New light wood flooring and fresh paint are evident throughout the main living areas and bedrooms. All major components appear new or virtually new, meeting current quality standards with no deferred maintenance, aligning perfectly with the 'Excellent' condition criteria for a recently renovated property.
Pros & Cons

Pros

Extensive Recent Renovation: The home has undergone a comprehensive renovation, including a new kitchen, primary bathroom, flooring, and paint throughout, making it move-in ready for buyers.
Generous & Usable Lot Size: Situated on a substantial 1.24-acre lot, the property offers ample space for outdoor activities, potential expansion, or simply enjoying the natural surroundings and privacy.
Versatile Detached Workspace: A dedicated small office/workspace in the backyard provides flexible utility, ideal for a home office, gym, hobby room, or additional storage.
Ample Vehicle & RV Storage: Featuring a 3-car garage and a convenient side gate on the back half of the property, there is abundant space for vehicles, toys, and dedicated RV parking.
Strategic Location & Rustic Charm: The property offers desirable country living in Fallbrook, balancing peace and quiet with proximity to town and major freeways, complemented by interior vaulted, beamed ceilings.

Cons

Property Age & Potential System Updates: Built in 1977, while recently renovated, the core structure and some major systems may still be original or older, potentially requiring future maintenance or upgrades beyond the cosmetic renovations.
Recent Price Adjustment: The property has experienced a price reduction from its original list price of $1,150,999 to $1,075,000, which could indicate initial overpricing or market resistance.
Extensive Lot Maintenance: The 1.24-acre lot, while offering space and privacy, will likely require significant ongoing landscaping, irrigation, and general yard maintenance, which can be a considerable commitment for homeowners.

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