1761 Winterwarm Drive, Fallbrook, California 92028, Fallbrook, 92028 - 5 bed, 3 bath
1761 Winterwarm Drive
Fallbrook, California 92028
Property Price
SUMMARY
Analysis of 1761 Winterwarm Drive, Fallbrook, California 92028 reveals a property with a current list price of $1,450,000, which is 22% above the estimated $1,186,387 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Fallbrook Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Condition Analysis
OVERALL CONDITION SCORE
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.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
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.
- Expansive Acreage & Privacy
Privately set on approximately 3.31 acres, the property offers significant space, seclusion, and a rare blend of usable land.
- Income & Versatility with Separate Apartment
A separate 2-bedroom apartment provides exceptional flexibility for extended family, guest accommodations, rental income, or dedicated workspace.
CONSRISKS & DEFICIENCIES
- Age of Main Residence
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.
- Buyer Verification for Land Use
The description notes that agricultural and long-term use possibilities are 'subject to buyer verification,' indicating potential complexities or restrictions requiring thorough due diligence.
- Extensive Property Maintenance
A large 3.31-acre property with a private lake and multiple structures will likely entail significant ongoing maintenance, landscaping, and operational costs.
About 1761 Winterwarm Drive
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.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1985
- Lot Size
- 144,183.594 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Fallbrook Unified Schools
La Paloma Elementary School
Grades K-6 • 2.7 mi
Maie Ellis Elementary
Grades K-6 • 3.3 mi
James E. Potter Intermediate School
Grades 7-8 • 2.0 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 87% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,792 | 2,285 | 65% |
| Lot Size | 144,183.594 | 27,007.1 | 88% |
| Price | $1.45M | $917.5K | 89% |
| Price per sq ft | $519 | $423 | 85% |
| Built year | 1985 | 1991 | 38% |
| HOA | $0 | $0 | 50% |
| Days on market | 31 | 178 | 6% |
Pricing History
Listed for Sale
Feb 4, 2026
$1,450,000
Initial Listing
Sold
Feb 28, 2011
$426,000
Public Record
Sold
Jun 2, 2006
$650,000
Public Record