
Fallbrook, California 92028
This Turn-Key Estate represents a High-Potential Investment Opportunity, listed at $1,399,999—positioned well above the $1,150,667 Fair Market Value. While priced at a premium, the property offers significant utility through its .87-acre flat lot, detached guest house, and panoramic mountain views. Featuring a Condition Rating of 3, the home includes a gourmet kitchen and modern exterior upgrades. Its dual-driveway layout provides exceptional ADU potential for multi-generational living. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a versatile, high-end lifestyle asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1315 Macadamia Drive Subject | $1,399,999* List Price | 5 | 4 | 2,382 | $483 | - |
A 804 El Paisano Sold | $988,000 | 3 | 3 | 2,128 | $464 | 0.5 mi |
B 3353 Yerba Buena Drive Sold | $1,230,000 | 3 | 3 | 2,862 | $430 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is a 1979 build in turn-key condition, featuring extensive renovations that align with the 'good' criteria (5-15 year old renovations). The gourmet kitchen is well-equipped with high-end Dacor appliances and granite countertops, though the dark wood cabinetry and tile styles suggest the update is not within the last 5 years. The bathrooms are updated with modern fixtures and a spa-like primary suite. Recent exterior improvements, including new hardscaping, turf, and a detached guest house, further support a high-quality rating despite the home's original age.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 37897, living area = 2382.
The property features a detached guest house and a flat .87-acre lot with dual driveway access, providing an ideal layout for an additional ADU or multi-generational living.
This estate is fully renovated with a gourmet kitchen, a spa-like primary suite, and a completely transformed exterior featuring new hardscaping, turf, and a state-of-the-art security system.
Despite the extensive cosmetic and functional updates, the original 1979 construction may mean some core structural or mechanical systems are older than those in modern builds.
The assigned public schools for this area carry average ratings (4-6), which may be a consideration for families prioritizing top-tier educational districts.
Available for the first time in 29 years, this exceptional turn-key estate is situated on a prime corner lot within the prestigious Fallbrook Ridgecrest Estates. Spanning nearly an acre (.87) of flat, fully usable land, the grounds are adorned with mature fruit trees and feature two separate driveway access points—offering the perfect layout for adding a private ADU. This flawless one-story Spanish/Mediterranean-style residence boasts a gourmet kitchen equipped with a 6-burner built-in gas range, dual ovens, a microwave, and a new side-by-side French door refrigerator. The expansive primary suite includes two walk-in closets and a spa-like bathroom featuring a massive jetted soaking tub and a walk-in shower. The home also offers two generous secondary bedrooms with a shared hallway bath, a convenient guest powder room, a family room with a built-in entertainment center, and a formal room with vaulted ceilings and a wood-burning fireplace. Additionally, a dedicated office with a built-in desk provides the flexibility to serve as an optional fourth bedroom. The property includes a detached guest house featuring one bedroom, one bathroom, and a living area, conveniently attached to a two-car garage. The extensive driveway accommodates 6–7 vehicles, complemented by ample street parking. The exterior has been completely transformed with newly remodeled retaining walls, fresh ?hardscaping, a turf backyard, and a firepit with a dedicated seating area. Enhanced by ambient landscape lighting, a newly installed drip and irrigation system, and a state-of-the-art security system.
No exterior & parking available.
Grades K-6 • 1.3 mi
Grades K-6 • 3.0 mi
Grades 7-8 • 2.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 90% |
| Baths | 4.0 | 3.0 | 78% |
| Square foot | 2,382 | 2,299 | 52% |
| Lot Size | 37,897 | 25,265 | 54% |
| Price | $1.40M | $929.0K | 86% |
| Price per sq ft | $588 | $423 | 92% |
| Built year | 1979 | 1991 | 25% |
| HOA | $0 | $0 | 50% |
| Days on market | 63 | 143 | 18% |
May 25, 2026
$1,399,999
$1,675,000
-16% Price Drop
Initial Listing
Apr 14, 2026
$1,675,000
Initial Listing
Jan 21, 1997
$5,000
Public Record