
Fallbrook, California 92028
This Single Family Residence is a Strong Value Opportunity, listed at $934,900—positioned well below the $953,740 Fair Market Value by 2%. This valuation gap offers $18,840 in Instant Equity. While the home maintains a Condition Rating of 4, its expansive one-acre lot, Panoramic Hillside Views, and Custom Timber Frame Patio provide significant lifestyle appeal. With a three-car garage and workshop, this property is an ideal acquisition for Owner-Occupants seeking space or Value-Add Investors looking to modernize the interior.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1731 Fuerte Street Subject | $934,900* List Price | 3 | 3 | 2,346 | $407 | - |
A 1621 Prince Street Sold | $975,000 | 4 | 3 | 2,342 | $416 | 0.2 mi |
B 1815 Premier Street Sold | $860,000 | 3 | 3 | 2,088 | $412 | 0.2 mi |
C 2550 Reche Road Sold | $745,000 | 4 | 2 | 1,839 | $405 | 0.7 mi |
D 1830 Juanita Lane Sold | $845,000 | 3 | 2 | 2,041 | $414 | 0.9 mi |
E 1425 Surrey Hts Sold | $889,500 | 4 | 2 | 2,549 | $349 | 0.7 mi |
F 1553 Ranchwood Ln Sold | $900,000 | 3 | 2 | 1,917 | $469 | 0.4 mi |
G 1534 Linda Street Active | $1,150,000 List Price | 4 | 3 | 2,875 | $400 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1987 (39 years old), the home is well-maintained but clearly dated. The kitchen features older oak cabinetry and the bathrooms show original or aged tile work and fixtures, requiring 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 = 2346.
The property features a full acre of land equipped with a custom timber-frame patio, outdoor kitchen, fire pit, and a private fruit orchard, offering an exceptional space for year-round entertaining.
Situated in the Calmin Knolls neighborhood, the home delivers stunning, unobstructed views of Fallbrook's rolling hills, providing a serene and private atmosphere that is rare so close to town.
Despite having over 2,300 square feet of living space on a large lot, the home only offers three bedrooms, which may limit its appeal to larger families.
The current list price of $934,900 is significantly lower than the 2022 sale price of $1,000,000, suggesting a potential decline in equity or a shift in local market demand.
Set on a full acre in Fallbrook's Calmin Knolls neighborhood, this beautifully maintained home delivers sweeping views of the surrounding rolling hills. The setting offers a quiet, private feel that is hard to find so close to town, with plenty of room to spread out both inside and across the grounds. The first level lives easily for everyday use, while the second level adds a flexible office or media center for work, hobbies, or a quiet retreat. The open floor plan centers on a spacious great room that flows into the dining area and a generous kitchen. An island anchors the space, and a walk-in pantry keeps everything organized for cooking and entertaining, with room for the whole layout to breathe. Natural light carries through the main living areas, keeping the home feeling open and connected from one space to the next. Step outside to a backyard built for relaxing through every season. A custom timber frame patio cover shelters an outdoor kitchen and fire pit, creating a natural gathering spot for warm summer nights and cool winter evenings alike. A small private orchard rounds out the full acre grounds with a mix of fruit and citrus trees, ready to enjoy right off the back patio. The three-car garage includes a workshop, and the driveway offers convenient RV parking. Located in Fallbrook, known for its warm, small-town character, this property offers privacy and space, all within easy reach of everyday conveniences.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.7 |
| Baths | 3.0 | 3.0 |
| Square foot | 2,346 | 2,314.399 |
| Lot Size | 43,560 | 47,267.225 |
| Price | $934.9K | $919.6K |
| Price per sq ft | $399 | $428 |
| Built year | 1987 | 1992 |
| HOA | $0 | $195 |
| Days on market | 45 | 59 |
Jul 26, 2026
$934,900
Initial Listing
Jul 20, 2022
$1,000,000
Public Record