
Fallbrook, California 92028
This Single Family Residence represents a Strong Value Opportunity, listed at $1,000,000—positioned well below the $928,433 Fair Market Value by -7%. While the property is priced above the current estimation, its Fair Condition Rating and original 1998 finishes provide a canvas for cosmetic modernization. Featuring panoramic canyon views, a 25,700 sqft lot, and a quiet cul-de-sac location, this home offers significant lifestyle appeal. It is an ideal acquisition for Owner-Occupants seeking a long-term project or Value-Add Investors looking to capitalize on the expansive lot size.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1221 Palomares Ct. Subject 3 bd · 2 ba · 1,863 sqft · $498 | $1,000,000* List Price | 3 | 2 | 1,863 | $498 | - |
A 1027 Pepper Tree Lane Sold 3 bd · 2 ba · 1,728 sqft · $446 · 0.4 mi | $770,000 | 3 | 2 | 1,728 | $446 | 0.4 mi |
B 1147 Sea Larke Drive Sold 4 bd · 3 ba · 2,426 sqft · $392 · 0.1 mi | $950,000 | 4 | 3 | 2,426 | $392 | 0.1 mi |
C 2020 Avocado Knoll Lane Sold 4 bd · 3 ba · 2,415 sqft · $497 · 0.4 mi | $1,200,000 | 4 | 3 | 2,415 | $497 | 0.4 mi |
D 2202 Crest Hill Lane Active 3 bd · 2 ba · 1,943 sqft · $473 · 0.3 mi | $920,000 List Price | 3 | 2 | 1,943 | $473 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1998 (28 years old), this property reflects outstanding pride of ownership and is meticulously maintained. However, the kitchen and bathrooms remain in their original 1990s configuration with dated white appliances, tile countertops, and brass fixtures, placing it in the Fair category due to age and the need for cosmetic updates.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 25700, living area = 1863.
Situated at the end of a quiet cul-de-sac, the property offers exceptional privacy and stunning panoramic views of the surrounding canyons and bluffs.
As an original-owner home, the property reflects a high level of pride of ownership, featuring a meticulously cared-for interior and an exceptionally organized garage.
The assigned public schools carry modest ratings ranging from 4 to 5, which may be a consideration for families seeking top-tier educational districts.
While well-maintained, the 1998 construction and original ownership suggest that some interior finishes may require updating to meet contemporary luxury standards.
Offered for the first time by its original owner, this meticulously cared-for three-bedroom, two-bathroom home is ideally situated at the end of a peaceful Fallbrook cul-de-sac. The thoughtfully designed floor plan provides an inviting flow between the kitchen and living spaces, along with a separate dining area and an additional living space offering flexibility for entertaining or relaxing. Tile flooring extends through much of the home, while two of the three bedrooms feature carpet. The primary suite includes a private full bathroom with a separate bathtub and shower. Beautiful garden landscaping, supported by an automated sprinkler system, complements the property’s tranquil setting and scenic canyon and bluff views. The exceptionally clean and organized garage provides plenty of additional storage. Lovingly maintained and reflecting true pride of ownership throughout, this welcoming home is ready for its next chapter.
No exterior & parking available.
Grades K-6 • 1.3 mi
Grades K-6 • 2.0 mi
Grades 7-8 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.8 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,863 | 2,343.723 |
| Lot Size | 25,700 | 46,829.322 |
| Price | $1.00M | $932.8K |
| Price per sq ft | $537 | $433 |
| Built year | 1998 | 1992 |
| HOA | $0 | $198 |
| Days on market | 72 | 60 |
Aug 14, 2026
$1,000,000
Initial Listing
Aug 22, 1997
$220,000
Public Record