1734 Adalane Place, Fallbrook, California 92028, Fallbrook, 92028 - 3 bed, 2 bath
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Fallbrook, California 92028
This property presents a High-Potential Investment Opportunity with a List Price of $849,000—positioned well below the $590,806 Fair Market Value by -43%. Featuring a Condition Rating of 5, the home requires a comprehensive interior renovation to modernize its 1970s-era finishes. The 15,784 sqft lot and proximity to Fallbrook Union schools provide a strong foundation for value-add projects. This asset is ideal for Fix-and-Flip Investors or Contractors seeking to capitalize on the significant renovation potential of this original-owner residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1734 Adalane Place Subject | $725,000* List Price | 3 | 2 | 1,346 | $480 | - |
A 1776 Saint Peters Sold | $690,000 | 2 | 2 | 1,408 | $490 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1978 and offered for the first time by the original owners, the home is over 45 years old with no evidence of renovations. Interior photos show original 1970s finishes including orange shag carpeting and dated wood cabinetry, while exterior shots reveal significant cracking in the concrete walkways. Given the age and 'time capsule' condition, the property requires a comprehensive rehab of the kitchen, bathrooms, and likely the major systems (HVAC/Electrical) 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 = 15784, living area = 1346.
The property features a generous 15,784 sqft lot that is fully fenced with an electric gate, offering exceptional privacy and a tranquil garden setting with mature fruit trees.
Ideally situated less than two miles from downtown Fallbrook and within walking distance to local elementary and intermediate schools, providing significant convenience for families.
Given the 1978 build date and original ownership, the home likely requires cosmetic updates and modernizations to align with contemporary design standards.
At 1,346 square feet, the interior living area is relatively compact for a three-bedroom home at this price point, which may impact its competitive value.
First time on the market this house is tacked in an area that offers lot of privacy and tranquility in addition it has a nice garden and beautiful landscape with fruit trees, fully fence with electrically operated entrance, less than 2 miles from downtown, couple minutes from district schools. Just reduced for quick sale!
No exterior & parking available.
Grades K-6 • 0.3 mi
Grades K-6 • 2.2 mi
Grades 7-8 • 0.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,346 | 2,169 |
| Lot Size | 15,784 | 47,480.4 |
| Price | $725.0K | $917.5K |
| Price per sq ft | $539 | $426 |
| Built year | 1978 | 1991 |
| HOA | $0 | $176 |
| Days on market | 46 | 60 |
Jul 14, 2026
$725,000
$825,000
-12% Price Drop
Initial Listing
Jul 12, 2026
$825,000
$849,000
-3% Price Drop
Initial Listing
Jun 6, 2026
$849,000
Initial Listing