1691 Pepper Tree, Fallbrook, California 92028, Fallbrook, 92028 - 3 bed, 2 bath
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Fallbrook, California 92028
This Turnkey Single-Story Ranch is a Strong Value Opportunity, listed at $985,000—positioned well below the $998,924 Fair Market Value by 1%. This valuation gap offers $13,924 in Instant Equity. Featuring an Excellent Condition Rating, the home boasts a renovated kitchen, hardwood floors, and a private 0.81-acre lot with a custom deck. Located in the Fallbrook Union High School District, this property balances modern luxury with peaceful, low-maintenance living. It is an ideal acquisition for Owner-Occupants or discerning buyers seeking a move-in ready sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1691 Pepper Tree Subject | $985,000* List Price | 3 | 2 | 2,048 | $474 | - |
A 1765 Armadale Road Sold | $900,000 | 3 | 2 | 2,027 | $444 | 0.1 mi |
B 1304 Farrand Road Sold | $1,030,000 | 4 | 3 | 2,429 | $424 | 0.5 mi |
C 1147 Sea Larke Drive Sold | $950,000 | 4 | 3 | 2,426 | $392 | 0.3 mi |
D 2020 Avocado Knoll Lane Sold | $1,200,000 | 4 | 3 | 2,415 | $497 | 0.3 mi |
E 1402 Broken Arrow Sold | $932,000 | 4 | 3 | 2,369 | $393 | 0.8 mi |
F 929 Pepper Tree Lane Active | $989,000 List Price | 3 | 2 | 2,280 | $434 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1987, the property has undergone a comprehensive recent renovation (likely <5 years) including a fully upgraded kitchen and all bathrooms. Major systems including the roof, HVAC, and water heater have been replaced with top-tier products, and the interior features hardwood floors throughout, meeting the criteria for mint condition with no immediate maintenance required.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 35284, living area = 2048.
The home features high-end upgrades including a remodeled kitchen, modern bathrooms, and new major systems like the roof and HVAC, ensuring immediate move-in readiness.
Situated on a 0.81-acre lot, the property offers exceptional privacy, drought-friendly landscaping, and dedicated space for RV or boat parking.
With only three bedrooms, the home may not accommodate larger families or those requiring multiple dedicated home offices at this price point.
Despite extensive renovations, the 1987 original build may lack some of the contemporary architectural features or ceiling heights found in newer luxury developments.
Welcome to a quiet corner of Fallbrook, where space and privacy come together on an oversized 0.81 acre lot. This single-story ranch home has been thoughtfully renovated and is ready for its next owner. Inside, you'll find hardwood floors throughout and an open layout with tons of natural light and ample storage. The kitchen is spacious and upgraded, and every bathroom in the home has been upgraded as well. The primary suite features a large walk in closet with custom built-in dressers and shelving, adding extra functionality you won't find in most homes. The major systems have all been replaced in recent years, including the roof with 25 year warranty (2024), HVAC units and ductwork (2022), and water heater (2025). Step outside to a backyard that's been transformed with paver patios and walkways, a hardwood deck with modern style railing, and a matching hardwood patio cover, ideal for enjoying a quiet morning or hosting evening gatherings. The landscaping is drought-friendly and low maintenance, giving you more time to enjoy the space and less time maintaining it. The attached 2-car garage includes a custom workbench and built-in cabinetry throughout. With over half an acre to work with, there's also plenty of room for RV or boat parking. This is a rare opportunity to find a single-story home this updated on nearly an acre in this part of Fallbrook. This home feels private and peaceful, while being just minutes away from downtown amenities.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 2,048 | 2,169 |
| Lot Size | 35,284 | 47,480.4 |
| Price | $985.0K | $917.5K |
| Price per sq ft | $481 | $426 |
| Built year | 1987 | 1991 |
| HOA | $0 | $176 |
| Days on market | 37 | 60 |
Jun 15, 2026
$985,000
Initial Listing
Jan 31, 2013
$457,000
Public Record
Dec 3, 2003
$440,000
Public Record