1761 Winterwarm Drive, Fallbrook, California 92028, Fallbrook, 92028 - 5 bed, 3 bath
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Fallbrook, California 92028
This Expansive Private Lake Estate is listed at $1,390,000, maintaining a stable valuation relative to its unique acreage and rare water features. While the $1,152,531 Fair Market Value reflects standard residential metrics, the property’s Fair Condition Rating is offset by a separate 2-bedroom apartment and a private lake, providing unmatched lifestyle versatility for guests or extended family. Situated on a 3.31-acre lot in the Fallbrook Union High School District, the home offers Panoramic Mountain Views and agricultural potential. This versatile sanctuary is perfectly suited for Multi-Generational Families or Lifestyle Buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1761 Winterwarm Drive Subject | $1,390,000* List Price | 5 | 3 | 2,792 | $413 | - |
A 2869 Dos Lomas Place Active | $1,575,000 List Price | 4 | 3 | 3,028 | $520 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1985, this property is well-maintained but shows signs of being aged. While some areas like certain bedrooms with laminate flooring and one main bathroom have more modern updates, the extensive terracotta tile flooring throughout the main living areas and kitchen, along with the style of the main kitchen cabinets and some bathroom fixtures, appear dated. The separate apartment's kitchen and bathroom are also basic and older. The property is functional and move-in ready, but would benefit from minor updates to meet current aesthetic standards, aligning with the 'fair' condition criteria.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 144183, living area = 2792.
Privately set on approximately 3.31 acres, the property offers significant space, seclusion, and a rare blend of usable land.
A separate 2-bedroom apartment provides exceptional flexibility for extended family, guest accommodations, rental income, or dedicated workspace.
Built in 1985, the main residence may require updates to its systems or aesthetics to meet modern buyer expectations, as no recent renovations are specified.
The description notes that agricultural and long-term use possibilities are 'subject to buyer verification,' indicating potential complexities or restrictions requiring thorough due diligence.
A large 3.31-acre property with a private lake and multiple structures will likely entail significant ongoing maintenance, landscaping, and operational costs.
Privately set on approximately 3.31 acres in Fallbrook, 1761 Winterwarm Dr offers a rare blend of usable land, agricultural potential, privacy, and a private lake. The property includes open acreage suitable for agricultural use, recreation, and a variety of lifestyle and long-term use possibilities, subject to buyer verification. In addition to the main residence, the property features a separate 2-bedroom apartment, offering flexibility for extended family, guest accommodations, rental use, or workspace needs. The land configuration and existing infrastructure create opportunities for buyers with vision whether seeking a multi-use property, or a setting that can evolve over time. The residence is positioned to capture surrounding views and natural beauty while remaining conveniently accessible to town amenities. An exceptional opportunity for those seeking space, versatility, and a property that offers more than just a place to live.
No exterior & parking available.
Grades K-6 • 2.7 mi
Grades K-6 • 3.3 mi
Grades 7-8 • 2.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 89% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,792 | 2,414 | 65% |
| Lot Size | 144,183.594 | 32,234.5 | 90% |
| Price | $1.39M | $932.5K | 87% |
| Price per sq ft | $498 | $417 | 83% |
| Built year | 1985 | 1991 | 34% |
| HOA | $0 | $0 | 50% |
| Days on market | 77 | 181 | 18% |
Apr 15, 2026
$1,390,000
$1,450,000
-4% Price Drop
Initial Listing
Feb 4, 2026
$1,450,000
Initial Listing
Feb 28, 2011
$426,000
Public Record
Jun 2, 2006
$650,000
Public Record