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1524 Zutano Lane, Fallbrook, California 92028, Fallbrook, 92028 - 3 bed, 4 bath

1524 Zutano Lane, Fallbrook, California 92028 home-pic-0
ACTIVE$1,249,899
1524 Zutano Lane, Fallbrook, California 92028
3Beds
4Baths
2,747Sqft
128,066.398Lot

Price Vs. Estimate

The estimated value ($1,249,899) is $0 (0%) lower than the list price ($1,249,899). This property may be overpriced.

Key pros and cons

Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 128066, living area = 2747.
Top Cons:
Multiple Price Reductions: The property has undergone several price reductions since its initial listing, potentially indicating an initial overvaluation or challenges in market absorption.

Compared to the nearby listings

Price:$1.25M vs avg $884.0K (+$365,899)80%
Size:2,747 sqft vs avg 2,188 sqft66%
Price/sqft:$455 vs avg $42365%

More Insights

Built in 1987 (38 years old).
Condition: Built in 1987, this property has undergone significant updates that elevate its condition beyond 'Fair'. The kitchen features updated white shaker-style cabinets, granite countertops, and newer built-in appliances, presenting a clean and functional space. The master bathroom boasts a modern double vanity, updated tiling, and a luxurious jacuzzi tub, indicating a recent and extensive renovation. Key systems such as the A/C unit, water heater, and solar panels are noted as 'newer' or 'paid solar', suggesting major components are within their expected lifespan. While some areas retain a traditional aesthetic (e.g., formal living/dining carpets, powder room), they are well-maintained. The property is move-in ready with no immediate renovations required, aligning well with the 'Good' condition criteria.
Year Built
1987
Close
-
List price
$1.25M
Original List price
$1.36M
Price/Sqft
$455
HOA
-
Days on market
-
Sold On
-
MLS number
NDP2506594
Home ConditionGood
Features
Excellent View: Mountain(s)
Pool
Spa
Patio
ViewMountain(s)

About this home

Gorgeous traditional single story home on almost 3 acres with breathtaking mountainous views in the prestigious neighborhood of RidgeCrest Estates in the charming town of Fallbrook! This amazing pride of ownership property boasts luxurious features with it's exquisite crown molding and chandeliers, elegant formal living and dining room along with 2 fireplaces, wood beam ceilings, wood floors and beautiful natural light. Beautiful open kitchen with oversized refrigerator, granite counter tops, and large walk-in pantry. Grand master suite with stunning views that has access to your outdoor covered patio, luxurious master bathroom featuring jacuzzi tub and walk in shower. Two nice size guest bedrooms, one has an ensuite bathroom which adds to privacy for guests. With paid Solar, water softener, newer a/c unit, newer water heater, 3 car garage equipped with built-in cabinets and dog washing station, rv parking and plenty of room to build an ADU, this entertainers paradise exudes natures tranquility with it's variety of citrus, figs, and macadamia trees and private tranquil pool and spa. Watch the sunrise from the front courtyard listening to beautiful chirping birds or take in the sunset off the back patio! Great accessibility to town, wineries, shopping and conveniently located to the I-15FWY. Don't miss an opportunity to own such a delightful piece of paradise! Check out video tour at https://tours.curb360.com/mls/224333581

Nearby schools

6/10
William H. Frazier Elementary School
Public,•K-6•1.2mi
5/10
Maie Ellis Elementary
Public,•K-6•2.9mi
4/10
James E. Potter Intermediate School
Public,•7-8•2.3mi
5/10
Fallbrook High School
Public,•9-12•4.0mi
Condition Rating
Good
Built in 1987, this property has undergone significant updates that elevate its condition beyond 'Fair'. The kitchen features updated white shaker-style cabinets, granite countertops, and newer built-in appliances, presenting a clean and functional space. The master bathroom boasts a modern double vanity, updated tiling, and a luxurious jacuzzi tub, indicating a recent and extensive renovation. Key systems such as the A/C unit, water heater, and solar panels are noted as 'newer' or 'paid solar', suggesting major components are within their expected lifespan. While some areas retain a traditional aesthetic (e.g., formal living/dining carpets, powder room), they are well-maintained. The property is move-in ready with no immediate renovations required, aligning well with the 'Good' condition criteria.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 128066, living area = 2747.
Expansive & Private Estate: Nearly 3 acres of land offering significant privacy, mature fruit trees (citrus, figs, macadamia), and ample space for outdoor living, including a private pool and spa.
Breathtaking Mountain Views: Features stunning mountainous views from various points, including the master suite and patios, enhancing the property's aesthetic appeal and tranquility.
Luxurious & Well-Appointed Interiors: Boasts high-end finishes such as exquisite crown molding, chandeliers, wood beam ceilings, wood floors, granite countertops, and a luxurious master bath with a jacuzzi tub and walk-in shower.
Significant Modern Upgrades & Amenities: Includes valuable updates like paid solar, a newer A/C unit, newer water heater, water softener, RV parking, a 3-car garage with built-in cabinets, a dog washing station, and potential for an ADU.
Guest Privacy & Accessibility: Offers a guest bedroom with an ensuite bathroom for enhanced privacy and is conveniently located with great accessibility to town, wineries, shopping, and the I-15 FWY.

Cons

Multiple Price Reductions: The property has undergone several price reductions since its initial listing, potentially indicating an initial overvaluation or challenges in market absorption.
Property Age & Potential Deferred Maintenance: Built in 1987, while some systems are updated (A/C, water heater), other major components (e.g., roof, original plumbing/electrical) may be nearing the end of their lifespan, potentially requiring future investment.
Rural Location Appeal: Located in Fallbrook, which, despite its charm and accessibility, might be perceived as more rural or distant from major urban centers by some buyers seeking closer proximity to city amenities or specific employment hubs.

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