157 Spanish Spur, Fallbrook, California 92028, Fallbrook, 92028 - 3 bed, 3 bath
Loading property details...
Fallbrook, California 92028
This Exceptional Fallbrook Estate is listed at $998,000, positioned well below the $1,013,380 Fair Market Value by 1%. This valuation offers $15,380 in Instant Equity for a property in Move-In Ready Condition. The 1.1-acre lot serves as a private agricultural sanctuary, featuring a saltwater pool, greenhouse, and an extensive mature fruit orchard. With a modernized stone-countertop kitchen and dramatic vaulted ceilings, the home sits within the Fallbrook Union district. It is a perfect fit for Owner-Occupants or Hobby Farmers seeking a turnkey lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 157 Spanish Spur Subject | $925,000* List Price | 3 | 3 | 2,200 | $420 | - |
A 1187 Via Encinos Sold | $885,000 | 3 | 3 | 1,939 | $456 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1980, this property is in move-in ready condition with clear evidence of significant updates. The kitchen has been modernized with stainless steel appliances and stone countertops, and the bathrooms feature updated vanities and fixtures. The interior boasts high-quality finishes such as vaulted wood-beam ceilings, a floor-to-ceiling stone fireplace, and neutral tile flooring. While the home is over 40 years old, the well-maintained saltwater pool, greenhouse, and living areas indicate consistent upkeep and a lack of deferred maintenance, though it stops short of 'excellent' as it is not a brand-new or total recent studs-out renovation.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 47916, living area = 2200.
The 1.1-acre lot is a rare 'food forest' featuring a greenhouse and a vast array of mature fruit trees including avocado, mango, and citrus, offering a unique lifestyle for hobby farmers.
The property is an entertainer's dream with a saltwater pool, expansive patio, and multiple permanent sheds that can be converted into creative studios or high-end storage.
The extensive 1.1-acre grounds, mature orchards, and saltwater pool demand significant ongoing labor and financial investment to maintain their condition and productivity.
Built in 1980, the home may require updates to major systems or cosmetic modernizations to meet current luxury standards, as evidenced by the recent $97,000 price reduction.
Charming 3Bedroom / 3Bathroom 2,200sf house set on 1.1+ acres in one of Fallbrook's most desirable neighborhoods offering space, privacy, and extensive usable land. This home boasts a bright, open layout with a living room that includes tall ceilings and a central floor to ceiling fireplace. Natural light fills the main living spaces, creating a comfortable and welcoming environment. The grounds include a wide variety of mature fruit trees—avocado, citrus, peach, mango, pomegranate, persimmon, olive, mulberry, grapes, loquats, and dragon fruit—along with herbs, vegetables, and a greenhouse for year-round growing. The backyard features a patio and saltwater pool perfect for entertaining, as well as multiple large permanent sheds suitable for studios or storage. This is truly a one-of-a-kind opportunity for anyone looking for home with excellent indoor-outdoor potential in a quiet Fallbrook setting.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,200 | 2,414 | 40% |
| Lot Size | 47,916 | 32,234.5 | 56% |
| Price | $925.0K | $929.5K | 50% |
| Price per sq ft | $420 | $417 | 53% |
| Built year | 1980 | 1991 | 26% |
| HOA | $0 | $0 | 50% |
| Days on market | 110 | 181 | 30% |
Apr 7, 2026
$925,000
$998,000
-7% Price Drop
Initial Listing
Feb 24, 2026
$998,000
$1,095,000
-9% Price Drop
Initial Listing
Jan 2, 2026
$1,095,000
Initial Listing
Mar 30, 1995
$225,000
Public Record