1524 Zutano Lane, Fallbrook, California 92028, Fallbrook, 92028 - 3 bed, 4 bath
1524 Zutano Lane
Fallbrook, California 92028
Property Price
SUMMARY
Analysis of 1524 Zutano Lane, Fallbrook, California 92028 reveals a Fairly Priced Property with a current list price of $1,198,000 aligned with the estimated $1,198,000 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Fallbrook Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
Although built in 1987, the property is move-in ready and demonstrates high pride of ownership. It features several key updates including granite countertops in the kitchen, wood flooring, and modern essential systems such as paid solar, a newer A/C unit, and a newer water heater. The interior boasts well-maintained traditional elements like crown molding and wood beam ceilings, placing it firmly in the 'good' category despite its chronological age.
PROSSTRENGTHS & OPPORTUNITIES
- 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 Acreage
Situated on nearly 3 acres in the prestigious RidgeCrest Estates, the property offers exceptional privacy, ADU potential, and a resort-style backyard featuring a pool, spa, and a diverse fruit orchard.
- Energy Efficiency & Infrastructure
The home is equipped with fully paid solar, a newer A/C unit, and a newer water heater, providing significant long-term utility savings and reducing immediate capital expenditure for the buyer.
CONSRISKS & DEFICIENCIES
- Market Stagnation & Pricing History
The property has undergone multiple price reductions since its initial listing, which may suggest a challenge in aligning the original asking price with current market expectations.
- High Maintenance Demands
The extensive 2.94-acre lot, mature fruit trees, and pool/spa facilities require substantial ongoing landscaping and exterior maintenance costs to preserve the property's 'pride of ownership' condition.
About 1524 Zutano Lane
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!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1987
- Lot Size
- 128,066.398 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 4 (4 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Fallbrook Unified Schools
William H. Frazier Elementary School
Grades K-6 • 1.2 mi
Maie Ellis Elementary
Grades K-6 • 2.9 mi
James E. Potter Intermediate School
Grades 7-8 • 2.3 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 4.0 | 3.0 | 75% |
| Square foot | 2,747 | 2,285 | 65% |
| Lot Size | 128,066.398 | 27,007.1 | 87% |
| Price | $1.20M | $917.5K | 74% |
| Price per sq ft | $436 | $423 | 57% |
| Built year | 1987 | 1991 | 42% |
| HOA | $0 | $0 | 50% |
| Days on market | 247 | 179 | 79% |
Pricing History
Listed for Sale
Mar 2, 2026
$1,198,000
$1,249,899
-4% Price Drop
Initial Listing
Price Change
Dec 11, 2025
$1,249,899
$1,249,900
+0% Price Increase
Initial Listing
Price Change
Nov 18, 2025
$1,249,900
$1,299,000
-4% Price Drop
Initial Listing
Price Change
Oct 27, 2025
$1,299,000
Initial Listing
Price Change
Jul 3, 2025
$1,359,000
Initial Listing