
Fallbrook, California 92028
This Single-Story Residential Property represents a High-Potential Investment Opportunity, listed at $985,000—positioned well above the $949,601 Fair Market Value by -3%. While currently priced at a premium, the property features a 1-Acre Usable Lot, Solar Panels, and a Large Rear Deck with westerly views. With a Fair Condition Rating, the home offers significant upside for cosmetic modernization. This asset is an ideal acquisition for Value-Add Investors or Owner-Occupants looking to customize a spacious, well-located Fallbrook retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1621 Prince Street Subject | $985,000* List Price | 4 | 3 | 2,342 | $405 | - |
A 1425 Surrey Hts Sold | $889,500 | 4 | 2 | 2,549 | $349 | 0.4 mi |
B 2550 Reche Road Sold | $745,000 | 4 | 2 | 1,839 | $405 | 0.9 mi |
C 1815 Premier Street Sold | $860,000 | 3 | 3 | 2,088 | $412 | 0.2 mi |
D 711 Tumble Creek Lane Sold | $876,500 | 4 | 4 | 2,250 | $390 | 0.8 mi |
E 1304 Farrand Road Sold | $1,030,000 | 4 | 3 | 2,429 | $424 | 0.9 mi |
F 1553 Ranchwood Ln Sold | $900,000 | 3 | 2 | 1,917 | $469 | 0.1 mi |
G 1534 Linda Street Active | $1,200,000 List Price | 4 | 3 | 2,875 | $417 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1997, the home is approximately 27 years old and appears to retain most of its original finishes. While the property is very well-maintained and includes modern upgrades like solar, the kitchen and bathrooms are dated with 1990s-era oak cabinetry, white tile countertops, and older appliances, placing it in the 'Fair' category as it requires cosmetic updates to meet modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 43560, living area = 2342.
The property sits on a rare, flat 1-acre lot that is fully usable, featuring covered RV parking, mature fruit trees, and a large rear deck with a built-in BBQ for premium outdoor living.
The 2,342 sqft single-level floor plan offers excellent accessibility and a seamless flow between the large kitchen and living areas, making it ideal for both families and entertaining.
Built in 1997, the interior may require cosmetic updates or appliance upgrades to compete with newer luxury builds in the Fallbrook area.
While offering peace and tranquility, the property's location may result in longer travel times to major metropolitan employment hubs and urban amenities.
Open Floor Plan, Single Story 4 Bedroom, 2.5 Bath Situated On A Level Usable 1 Acre Lot. 3 Car Garage, Covered RV Parking, Open Floor Plan Great For Entertaining. Large Open Kitchen, Large Bedrooms, Cozy Fireplace, Solar, Large Rear Deck With Built In BBQ, Fruit Trees, Storage Shed, Quiet Neighborhood And Great Views To The West From The Backyard. Hurry Before This One Gets Snatched Up! Welcome to 1621 Prince Street—a peaceful retreat nestled in the heart of Fallbrook. This inviting single-story home sits on a beautifully usable, flat 1-acre lot, offering the perfect blend of comfort, space, and charm. With 4 bedrooms, 2.5 baths, and 2,342 square feet of thoughtfully designed living space, this property is ready to welcome you home. Step inside and be greeted by an open layout bathed in natural light. The expansive living room, complete with a cozy fireplace, is perfect for gathering with loved ones or unwinding after a long day. The large, open kitchen features plenty of counter space, a spacious pantry, and a seamless flow for entertaining. The outdoor space is where this property truly shines. A sprawling deck with a built-in BBQ invites you to savor sunny afternoons and unforgettable evenings under the stars. Enjoy westerly views of breathtaking sunsets, surrounded by mature fruit trees and plenty of room for gardening, play, or simply relaxing. There’s even RV parking and a 3-car garage for all your storage needs. Perfectly blending rural tranquility with modern convenience, 1621 Prince Street is more than a home—it’s a lifestyle. Don’t miss your chance to make it yours!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,342 | 2,341 | 51% |
| Lot Size | 43,560 | 25,264.801 | 55% |
| Price | $985.0K | $925.0K | 58% |
| Price per sq ft | $421 | $418 | 51% |
| Built year | 1997 | 1992 | 52% |
| HOA | $0 | $0 | 50% |
| Days on market | 14 | 142 | 8% |
May 23, 2026
$985,000
Initial Listing
Jul 18, 1996
$239,000
Public Record
Mar 21, 1996
$60,000
Public Record