
Fallbrook, California 92028
This property presents a High-Potential Investment Opportunity with a List Price of $749,000—positioned well below the $706,390 Fair Market Value by -6%. While the property is currently priced above market, its Fair Condition Rating and 23,958 sqft lot offer significant upside for forced appreciation through modernization. The spacious 1,620 sqft layout and private, quiet setting provide a strong foundation for value-add renovations. This is a strategic acquisition ideal for Buy-and-Hold Investors or Owner-Occupants looking to customize a retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 130 Alva Subject 3 bd · 2 ba · 1,620 sqft · $436 | $749,000* List Price | 3 | 2 | 1,620 | $436 | - |
A 1830 Juanita Lane Sold 3 bd · 2 ba · 2,041 sqft · $414 · 0.5 mi | $845,000 | 3 | 2 | 2,041 | $414 | 0.5 mi |
B 1732 E Mission Road Sold 3 bd · 3 ba · 2,244 sqft · $348 · 0.6 mi | $780,000 | 3 | 3 | 2,244 | $348 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1990 (34 years old) with no evidence of major renovations. The kitchen and bathrooms are significantly dated, featuring original tile countertops and painted cabinetry. The listing description explicitly mentions the 'potential to transform' the interior, and the presence of a window AC unit suggests the central HVAC system may be failing or inadequate, meeting the criteria for a property needing rehab.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 23958, living area = 1620.
Situated at the end of a quiet dead-end road on a half-acre lot, this property offers a serene, secluded environment with no through traffic, perfect for those seeking a peaceful retreat.
The expansive 23,958 sqft lot provides ample room for a pool, ADU, or garden, and features direct access to walking and hiking trails right from the backyard.
The property is marketed as a 'hidden gem' with 'tremendous potential,' suggesting that the 1990-built interior likely requires significant cosmetic updates to meet contemporary design standards.
The emphasis on 'personal vision' and 'possibilities' indicates that buyers should anticipate additional capital investment for repairs or upgrades to fully realize the home's value.
Welcome to your own private paradise! Nestled on a beautiful half-acre lot, this charming property offers a rare opportunity to enjoy the peace, privacy, and natural beauty of country living while remaining just minutes from the conveniences of town. Whether you're searching for the perfect family home, a peaceful getaway, or a property with potential to create your dream retreat, this hidden gem is full of possibilities. Tucked away at the end of a quiet dead-end road with no through traffic, this property offers a serene setting where you can slow down, spread out, and reconnect with nature. The spacious lot provides plenty of room for kids and grandkids to play, pets to roam, and outdoor entertaining. Dreaming of a pool, spa, garden, or your own private outdoor oasis? There's room to make it happen! Inside, you'll find an oversized living room with a cozy fireplace, perfect for gathering with family and friends on cool evenings. With your personal vision, this home offers tremendous potential to transform both the interior and exterior into something truly special. Nature lovers will appreciate the tranquil surroundings and the abundance of walking and hiking trails right out the back door. Enjoy the feeling of being tucked away in your own peaceful sanctuary while still being conveniently close to Fallbrook's shops, restaurants and local amenities. Whether you're looking for a private family haven, a weekend escape from the hustle and bustle, or an opportunity to create a unique retreat, this property offers the space, setting, and potential to make it your own!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.8 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,620 | 2,343.723 |
| Lot Size | 23,958 | 46,829.322 |
| Price | $749.0K | $932.8K |
| Price per sq ft | $462 | $433 |
| Built year | 1990 | 1992 |
| HOA | $0 | $198 |
| Days on market | 4 | 60 |
Oct 21, 2026
$749,000
Initial Listing
Sep 13, 2001
$261,500
Public Record
Jun 26, 1998
$198,000
Public Record
Apr 22, 1994
$159,000
Public Record