1549 Sleeping Indian Rd, Fallbrook, California 92028, Fallbrook, 92028 - 3 bed, 2 bath
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Fallbrook, California 92028
Analysis of 1549 Sleeping Indian Rd, Fallbrook, California 92028 is currently available with a list price of $1,649,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. 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.
Property is moderate renovation needed.
Built in 1973, this 50+ year old home is well-maintained but features dated interior finishes. While the bathroom shower has been partially updated and the garage doors are modern, the overall aesthetic, including the Saltillo tile and cabinetry, appears to be over 20 years old, requiring cosmetic modernization to meet current standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 220413, living area = 2200.
Elementary School: San Onofre Elementary School (9/10). Middle School: Mary Fay Pendleton Elementary School (9/10).
The property boasts 5 usable acres featuring over 60 fruit and nut trees and 600 plumerias, offering immense potential for horses, vineyards, or boutique farming.
Built in 1973, the residence likely requires modernization and updates to its systems and finishes to meet the expectations of today's luxury buyers.
While some nearby schools are highly rated, the primary assigned public schools for this address have lower ratings (4-5), which may be a concern for families.
5 spectacular and useable acres with panoramic ocean views is only part of what makes 1549 Sleeping Indian Rd so special! This charming and very comfortable 3 bedroom 2 bath gated home features great views from almost every room in the house. With a 3 car garage and large shed there is plenty of room for all your tools and toys. The property is planted with over 60 fruit and nut trees include, avocado, apple, orange, tangerine, grapefruit, pomegranate, pecan, almond macadamia and more. There are also over 600 beautiful and fragrant plumeria strategically planted on the perimeter leaving lost of room for horses, vineyards, coffee, so many possibilities! The property is also part of the "Williamson Act" which provides lower property rates for its preservation of open space.
No exterior & parking available.
Grades K-5 • 2.7 mi
Grades K-6 • 5.7 mi
Grades K-6 • 5.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 2,200 | 2,169 |
| Lot Size | - | 47,480.4 |
| Price | $1.65M | $917.5K |
| Price per sq ft | $750 | $426 |
| Built year | 1973 | 1991 |
| HOA | $0 | $176 |
| Days on market | 16 | 60 |
Jul 8, 2026
$1,649,000
Initial Listing
Jul 6, 2026
$164,900
Initial Listing
Aug 16, 2021
$1,000,000
Public Record