
Fallbrook, California 92028
This Turn-Key Single Family Residence is a Strong Value Opportunity, listed at $650,000—positioned well below the $700,146 Fair Market Value by 7%. This valuation gap offers $50,146 in Instant Equity. Featuring a Remodeled Kitchen, New HVAC, and New Roof, the property holds an Excellent Condition Rating. Its FB-V3 Mixed-Use Zoning provides unique flexibility for residential or commercial applications. This is an ideal acquisition for Owner-Occupants seeking a move-in ready home or Buy-and-Hold Investors targeting long-term appreciation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 131 S Brandon Subject 4 bd · 2 ba · 1,753 sqft · $399 | $650,000* List Price | 4 | 2 | 1,753 | $399 | - |
A 1024 Kiel Road Sold 4 bd · 2 ba · 1,587 sqft · $460 · 0.6 mi | $730,000 | 4 | 2 | 1,587 | $460 | 0.6 mi |
B 1217 Juliette Place Sold 3 bd · 3 ba · 1,701 sqft · $459 · 0.8 mi | $780,000 | 3 | 3 | 1,701 | $459 | 0.8 mi |
C 955 La Rue Avenue Sold 3 bd · 2 ba · 1,785 sqft · $453 · 0.7 mi | $809,000 | 3 | 2 | 1,785 | $453 | 0.7 mi |
D 275 Royal Glen Drive Sold 4 bd · 3 ba · 1,962 sqft · $382 · 0.6 mi | $750,000 | 4 | 3 | 1,962 | $382 | 0.6 mi |
E 157 S Mercedes Road Active Under Contract 3 bd · 2 ba · 1,620 sqft · $478 · 0.7 mi | $775,000 List Price | 3 | 2 | 1,620 | $478 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1945, the property has undergone a comprehensive recent renovation (likely <5 years) including a fully remodeled kitchen with quartz countertops, renovated bathrooms, and new major systems: HVAC, roof, 200-amp electric panel, water heater, and copper plumbing.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7617, living area = 1753.
The home is in pristine condition featuring a remodeled kitchen with quartz countertops, renovated bathrooms, and new flooring throughout, offering immediate move-in readiness.
Significant capital improvements including a new roof, HVAC system, copper plumbing, and a 200-amp solar-ready electrical panel provide long-term value and reduced maintenance costs.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1753, other record living area = 1382. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 2.
At 7,617 square feet, the lot is smaller than many traditional Fallbrook properties, which may limit buyers seeking expansive outdoor space or agricultural potential.
The property does not offer the rolling hill or panoramic views common to the Fallbrook area, which may impact its competitive appeal for certain buyers.
BEST VALUE IN NORTH COUNTY SAN DIEGO, IN THE HEART OF FALLBROOK!– OPEN AND SPACIOUS - MOVE-READY, IN A GREAT LOCATION! This beautifully renovated 4-bedroom, 2-bath single-level home combines modern comfort, versatile space, and exciting FB-V3 MIXED-USE COMMERCIAL zoning. Located just a few minutes from Main Street where you can dine, shop and maybe catch a movie at Community Movie theater. Step inside to a bright, inviting interior featuring a stunning updated kitchen with new cabinetry, quartz countertops, stainless-steel appliances, and a large utility sink. Thoughtfully upgraded with beautiful LVP flooring, new bedroom carpet, updated bathrooms, double-pane windows, recessed lighting, fresh paint, newer A/C, roof, water heater, New Ceiling fans. Home comes with copper plumbing—this home is truly turn-key and ready to enjoy. Just bring your family, your furniture and enjoy a gathering on the INVITING AND PRIVATE FRONT PORCH. Parking is a standout feature, offering space for several vehicles, including a 2-car garage, 2-car carport, and additional parking for 3 more cars. The FB-V3 mixed-use zoning creates an exciting opportunity for a homeowner, entrepreneur, investor, or professional seeking a property with both residential appeal and potential commercial possibilities. Enjoy all that Fallbrook has to offer, from charming boutiques, cafés, restaurants, galleries, and local shops to its peaceful small-town atmosphere; and just a short drive to CAMP PENDLETON, THE BEACH AND THE TEMECULA WINE COUNTRY. A rare opportunity to own a beautifully updated home in a prime Fallbrook location with versatile mixed-use zoning, abundant parking, and outstanding value! *Buyer to verify zoning, permitted uses, parking and all property information with appropriate agencies.*
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.8 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,753 | 2,343.723 |
| Lot Size | 7,617 | 46,829.322 |
| Price | $650.0K | $932.8K |
| Price per sq ft | $371 | $433 |
| Built year | 1945 | 1992 |
| HOA | $0 | $198 |
| Days on market | 37 | 60 |
Sep 18, 2026
$650,000
Initial Listing