
Fallbrook, California 92028
This Spacious Single-Family Residence represents a Strong Value Opportunity, listed at $729,000—positioned well below the $728,968 Fair Market Value by approximately 0%. While priced at market, the property features a Condition Rating of 3, bolstered by significant capital improvements including a 2020 roof, new HVAC, and solar panels. The expansive 13,068 sqft lot provides rare RV parking and proximity to top-rated local schools. This home is an ideal acquisition for Owner-Occupants seeking a stable, move-in ready home or first-time buyers prioritizing long-term utility.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1828 Chapulin Lane Subject | $729,000* List Price | 4 | 2 | 1,552 | $470 | - |
A 1321 June Sold | $765,000 | 3 | 2 | 1,470 | $520 | 0.8 mi |
B 1134 Mcdonald Road Sold | $800,000 | 3 | 2 | 1,767 | $453 | 0.9 mi |
C 903 Crescent Bend Sold | $660,000 | 3 | 2 | 1,656 | $399 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property features excellent major system upgrades including a newer roof (2020), new HVAC, tankless water heater, and updated ABS drain lines. While the kitchen and bathrooms are dated with older oak cabinetry and tile countertops, the home is well-maintained, functional, and move-in ready.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 13068, living area = 1552.
The property features significant high-value improvements including solar panels, a 2020 roof, new HVAC, a tankless water heater, and updated ABS drain lines, minimizing immediate capital expenditures for the buyer.
The oversized 13,068 sqft pool-sized lot offers rare RV and boat parking alongside fully fenced front and back yards, providing exceptional space and flexibility for outdoor living.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =13068, other record lot size in square feet = 13202. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
While major systems are updated, the interior is described as ready for 'personal touches,' suggesting that the 1973 finishes may require additional investment to meet modern aesthetic standards.
The property's location directly behind a junior high school may result in increased noise levels and localized traffic congestion during morning drop-off and afternoon pick-up hours.
SELLER ENTERTAINING OFFERS BETWEEN $699K-729K Welcome to this incredible Fallbrook opportunity! Situated on a spacious pool-sized lot, this 3-bedroom, 2-bath home offers approximately 1,552 square feet of living space, plus an optional additional bedroom with barn doors perfect for a home office, guest room, playroom or gym. The fully fenced front and back yards provide privacy, security, and plenty of room for children, pets, entertaining, or future outdoor enhancements. RV and boat parking offer added convenience and flexibility rarely found at this price point. This home comes equipped with valuable upgrades, including solar panels, a newer roof (2020), new HVAC system and heating, tankless water heater, water softener system, recently replaced garage door, and ABS drain lines. Inside, you’ll find generously sized bedrooms and a functional floor plan ready for your personal touches. Nestled in a private, family-friendly neighborhood tucked away in the scenic hills of Fallbrook, the property offers a peaceful setting while remaining conveniently located directly behind Potter Junior High School. With endless potential, a fantastic lot, major system upgrades already completed, and an unbeatable value, this is a rare opportunity you won’t want to miss. Homes with this much potential, parking, and outdoor space in this price range are hard to find. No showings until Friday, June 5. Schedule your appointment today or stop by our open house this weekend.
No exterior & parking available.
Grades K-6 • 0.2 mi
Grades K-6 • 2.1 mi
Grades 7-8 • 0.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 51% |
| Baths | 2.0 | 3.0 | 32% |
| Square foot | 1,552 | 2,288 | 15% |
| Lot Size | 13,068 | 25,264.801 | 41% |
| Price | $729.0K | $925.0K | 15% |
| Price per sq ft | $470 | $423 | 73% |
| Built year | 1973 | 1991 | 14% |
| HOA | $0 | $0 | 50% |
| Days on market | 14 | 142 | 8% |
Jun 1, 2026
$729,000
Initial Listing
Aug 28, 2017
$385,000
Public Record
Apr 14, 2005
$460,000
Public Record