
Fallbrook, California 92028
This Versatile Equestrian Property represents a Strong Value Opportunity, listed at $1,350,000—positioned above the $1,295,674 Fair Market Value. While priced slightly above market, the property offers a Condition Rating of 3 with significant upgrades, including a modernized kitchen, fully paid solar, and a private detached ADU. The expansive 47,916 sqft lot features a lap pool, horse barn, and mature fruit trees, providing a unique lifestyle asset. This property is an ideal acquisition for Multi-Generational Families or Owner-Occupants seeking a turnkey, income-generating estate in Fallbrook.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1905 Green Vista Lane Subject 5 bd · 4 ba · 2,667 sqft · $438 | $1,149,900* List Price | 5 | 4 | 2,667 | $438 | - |
A 2794 Alta Vista Drive Sold 3 bd · 3 ba · 2,615 sqft · $493 · 0.3 mi | $1,288,000 | 3 | 3 | 2,615 | $493 | 0.3 mi |
B 1650 Winterwarm Drive Sold 4 bd · 3 ba · 3,265 sqft · $349 · 0.6 mi | $1,140,000 | 4 | 3 | 3,265 | $349 | 0.6 mi |
C 3127 Alta Vista Drive Sold 3 bd · 2 ba · 2,445 sqft · $425 · 0.6 mi | $1,040,000 | 3 | 2 | 2,445 | $425 | 0.6 mi |
D 2273 Vista Valle Verde Drive Sold 3 bd · 3 ba · 3,115 sqft · $398 · 0.9 mi | $1,240,000 | 3 | 3 | 3,115 | $398 | 0.9 mi |
E 2830 Green Canyon Road Sold 3 bd · 3 ba · 2,219 sqft · $428 · 0.6 mi | $950,000 | 3 | 3 | 2,219 | $428 | 0.6 mi |
F 2211 Winterwarm Dr Sold 5 bd · 3 ba · 3,079 sqft · $333 · 0.3 mi | $1,025,000 | 5 | 3 | 3,079 | $333 | 0.3 mi |
G 2098 Vista Valle Verde Sold 4 bd · 4 ba · 3,397 sqft · $337 · 0.7 mi | $1,145,000 | 4 | 4 | 3,397 | $337 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1982 but significantly updated; features a modernized kitchen with stainless steel appliances and renovated bathrooms with contemporary subway tile and fixtures. The inclusion of fully paid solar and a well-maintained pool area indicates updated systems and pride of ownership, making it move-in ready despite the age of the original structure.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 47916, living area = 2667.
The property includes a detached 600 sqft ADU with its own bedroom and bathroom, offering a turnkey solution for rental income, guests, or multi-generational living.
Both the main residence and the ADU feature fully paid solar systems, providing significant long-term energy savings and increasing the home's overall value.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 4.
Built in 1982, the main residence may require cosmetic updates or modern system upgrades to compete with newer luxury builds in the Fallbrook area.
The local public schools carry moderate ratings (ranging from 4 to 6), which may be a drawback for families prioritizing top-tier educational performance scores.
Seller WILL help toward interest rate buy down/closing costs! Single story living meets versatility on this highly usable pool property, featuring fully paid/owned solar, a separate private ADU (built 2021), lap pool & spa, oversized three car garage and RV parking. Privately situated behind a gated entrance at the end of a quiet cul-de-sac with space for a horse, the 2,067-square-foot main residence offers three bedrooms, two bathrooms and an optional fourth bedroom that could also serve as an office, gym or creative space. The approximately 600 square foot detached ADU includes its own bedroom and bathroom, making it ideal for extended family, guests, rental income or a private workspace. The property also features an existing horse corral and barn, along with mature avocado and assorted fruit trees. With paid solar serving both residences, exceptional privacy and an abundance of usable space, this unique property offers incredible flexibility and endless possibilities.
No exterior & parking available.
Grades K-6 • 2.5 mi
Grades K-6 • 3.2 mi
Grades 7-8 • 1.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 3.8 |
| Baths | 4.0 | 3.0 |
| Square foot | 2,667 | 2,343.723 |
| Lot Size | 47,916 | 46,829.322 |
| Price | $1.15M | $932.8K |
| Price per sq ft | $431 | $433 |
| Built year | 1982 | 1992 |
| HOA | $0 | $198 |
| Days on market | 36 | 60 |
Oct 17, 2026
$1,149,900
$1,175,000
-2% Price Drop
Initial Listing
Oct 10, 2026
$1,175,000
$1,250,000
-6% Price Drop
Initial Listing
Oct 1, 2026
$1,250,000
$1,350,000
-7% Price Drop
Initial Listing
Sep 19, 2026
$1,350,000
Initial Listing
Mar 27, 2012
$336,000
Public Record
May 16, 2006
$615,000
Public Record