1509 Macadamia Drive, Fallbrook, California 92028, Fallbrook, 92028 - 3 bed, 2 bath
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Fallbrook, California 92028
This Turnkey Single-Family Residence represents a Strong Value Opportunity, listed at $1,100,000—positioned well below the $1,168,409 Fair Market Value by 5%. This valuation gap provides $68,409 in Instant Equity. With a Condition Rating of 3, the home features a remodeled granite kitchen, solar-heated pool, and panoramic valley views. The 2.5-acre lot offers unique agricultural and income potential via RV hookups. This property is an ideal acquisition for Owner-Occupants seeking a lifestyle estate or Investors targeting high-utility, income-producing assets.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1509 Macadamia Drive Subject | $1,100,000* List Price | 3 | 2 | 2,076 | $551 | - |
A 1524 Zutano Lane Sold | $1,145,000 | 3 | 4 | 2,747 | $417 | 0.2 mi |
B 1453 Margarita Glen Pending | $1,150,000 List Price | 4 | 3 | 2,881 | $399 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1975, the property has undergone significant remodeling. The kitchen and both bathrooms feature granite countertops and updated cabinetry, and the home includes modern wood-look tile flooring. Key systems are enhanced by a fully paid solar system and solar pool heating. The renovations appear to be within the 5-15 year range, making the home well-maintained and move-in ready.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 108900, living area = 2076.
Situated on a 2.5-acre gated lot perched above the Santa Margarita River Valley, the property offers breathtaking panoramic views and exceptional seclusion.
The estate features over 170 producing fruit trees and RV parking with full hookups previously used as a B&B, providing unique opportunities for agricultural use or supplemental income.
Built in 1975, the home may require ongoing maintenance of older structural components or systems despite the recent interior cosmetic remodels.
The assigned public schools have average ratings (ranging from 4 to 6), which may be a drawback for families prioritizing top-tier educational districts.
Perched above the spectacular Santa Margarita River Valley, this gated single-story estate offers breathtaking panoramic views, exceptional privacy, on 2.5 acres planted with more than 170 producing Fuji apple, mango, citrus, and avocado trees. With 2,076 square feet of living space, this property captures the best of Fallbrook's renowned year-round climate and outdoor lifestyle. The thoughtfully designed floor plan features 3 bedrooms plus a den/home office with a wood-burning fireplace, providing flexible space for remote work, guests, or hobbies. The remodeled kitchen showcases granite countertops and stainless steel appliances, and it opens to a spacious family room with a wood-burning fireplace and expansive windows framing the stunning valley views. Both bathrooms have also been tastefully remodeled with granite countertops, creating a cohesive and updated feel throughout the home. Step outside to enjoy resort-style amenities, including a PebbleTec pool with solar heating for an extended swim season and an outdoor BBQ area with bar seating for six, perfect for entertaining while taking in the picturesque surroundings. Energy-efficient upgrades include a fully paid solar system and solar hot water for the pool. The property also offers RV parking with full hookups. The seller previously used the RV as a bed-and-breakfast, creating unique opportunities for guests, multigenerational living, or supplemental income. Conveniently located just minutes from Interstate 15, this home provides easy access to Temecula Wine Country, San Diego, and surrounding destinations while maintaining the tranquility of country living. With no HOA and no Mello-Roos fees, this rare view property combines modern comforts, agricultural potential, and the relaxed lifestyle that makes Fallbrook one of Southern California's most desirable communities.
No exterior & parking available.
Grades K-6 • 1.3 mi
Grades K-6 • 3.1 mi
Grades 7-8 • 2.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 2,076 | 2,169 |
| Lot Size | 108,900 | 47,480.4 |
| Price | $1.10M | $917.5K |
| Price per sq ft | $530 | $426 |
| Built year | 1975 | 1991 |
| HOA | $0 | $176 |
| Days on market | 43 | 60 |
Jun 9, 2026
$1,100,000
Initial Listing
Apr 20, 2017
$619,000
Public Record
Oct 28, 2014
$515,000
Public Record