1315 Macadamia Drive, Fallbrook, California 92028, Fallbrook, 92028 - 5 bed, 4 bath
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Fallbrook, California 92028
This Turn-Key Spanish/Mediterranean Estate is a High-Potential Investment Opportunity, listed at $1,249,999—positioned above the $1,105,644 Fair Market Value. While priced above the current estimate, the property’s Condition Rating of 3 and extensive upgrades—including a gourmet kitchen, detached guest house, and new hardscaping—justify the premium. With nearly an acre of land and dual driveway access, it offers significant ADU potential. This residence is an ideal sanctuary for multi-generational families or discerning owner-occupants seeking a move-in ready home with scenic mountain views.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1315 Macadamia Drive Subject | $1,249,999* List Price | 5 | 4 | 2,382 | $464 | - |
A 804 El Paisano Sold | $988,000 | 3 | 3 | 2,128 | $464 | 0.5 mi |
B 2844 Live Oak Park Rd Sold | $929,000 | 4 | 3 | 2,224 | $418 | 0.8 mi |
C 2469 E Mission Road Sold | $940,000 | 3 | 2 | 2,363 | $398 | 0.4 mi |
D 3353 Yerba Buena Drive Sold | $1,230,000 | 3 | 3 | 2,862 | $430 | 0.8 mi |
E 732 Hamilton Lane Active | $1,170,000 List Price | 3 | 3 | 2,127 | $550 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While originally built in 1979, the property is described as turn-key and shows evidence of a high-quality renovation likely within the 5-15 year range. The kitchen features professional-grade appliances and dark wood cabinetry, and the primary bath is updated. Recent exterior upgrades to hardscaping, irrigation, and security systems further support a well-maintained, move-in ready status.
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 nearly an acre of flat, usable land with dual driveway access, providing an ideal setup for ADUs, rental income, or extended family.
The estate boasts a gourmet kitchen with high-end appliances, a spa-like primary suite, and a fully transformed exterior with new hardscaping, irrigation, and a state-of-the-art security system.
Built in 1979, the home may have underlying infrastructure or systems that reflect its age despite the high-quality cosmetic and functional renovations.
At 2,382 square feet for a 5-bedroom configuration (including the guest house), the individual room sizes and common areas may feel compact for larger families.
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 |
|---|---|---|
| Beds | 5.0 | 4.0 |
| Baths | 4.0 | 3.0 |
| Square foot | 2,382 | 2,169 |
| Lot Size | 37,897 | 47,480.4 |
| Price | $1.25M | $917.5K |
| Price per sq ft | $525 | $426 |
| Built year | 1979 | 1991 |
| HOA | $0 | $176 |
| Days on market | 37 | 60 |
Jun 15, 2026
$1,249,999
Initial Listing
Jan 21, 1997
$5,000
Public Record