
Fallbrook, California 92028
This Spacious Hilltop Estate is a Strong Value Opportunity, listed at $995,000—positioned well below the $1,057,510 Fair Market Value by 5%. This valuation gap offers $62,510 in Instant Equity for the buyer. Featuring a 3,216 sq ft split-wing layout on 2 acres zoned for horses, the home maintains a Condition Rating of 4. With panoramic valley views, a productive avocado orchard, and new Bosch HVAC, it is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a customizable homestead.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2073 Willow Glen Rd Subject | $949,000* List Price | 3 | 3 | 3,216 | $329 | - |
A 1453 Margarita Glen Active | $1,150,000 List Price | 4 | 3 | 2,881 | $399 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1985, the property is over 20 years old and features dated interior finishes including original brown tile in bathrooms and green carpeting in living areas. While the HVAC system is recently upgraded (Bosch) and the kitchen has a new quartz island, the overall aesthetic and bathroom fixtures require modernization to meet current standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 87991, living area = 3216.
Situated on a private 2-acre hilltop, the property offers unobstructed views of the Santa Margarita Valley and includes a productive orchard with 39 avocado trees and multiple garden beds.
The 3,216 sq ft single-story floor plan features a split-wing design with a private guest suite and two additional bonus rooms, providing excellent potential for multi-generational living or rental income.
While well-maintained, the 1985-built home likely requires aesthetic updates and personal touches to meet contemporary luxury standards.
The extensive 2-acre grounds, mature orchard, and complex irrigation systems demand significant ongoing labor and financial investment for proper upkeep.
Back on Market at no fault of the seller or property! Spanning 3,216 sq ft, this single-story 3-bedroom home plus 2 bonus rooms is perched atop a quiet, private hill in Fallbrook, capturing sweeping, unobstructed views of the beautiful Santa Margarita Valley. Set on 2 acres and zoned for horses, the property offers a rare blend of tranquility, usable land, and flexible living. The home features a desirable split-wing layout. On the right side, a private bedroom suite includes a walk-in closet, full ensuite bathroom, and its own separate entrance—ideal for guests, extended family, or potential rental use. On the opposite wing, you’ll find the additional bedrooms along with a spacious primary suite offering a walk-in closet and generous built-in storage. Two bonus rooms provide added versatility and can easily function as additional bedrooms, a home office, gym, or playroom. The main living space is open and inviting, centered around a wood-burning fireplace and flowing seamlessly to outdoor patio areas designed for relaxing and taking in the peaceful surroundings. The large kitchen offers an abundance of space for cooking and gathering, highlighted by a beautiful new quartz Calacatta island and complemented by generous cabinetry and ample pantry storage to meet all your needs. Outside, the property truly shines. The two acres include 39 mature avocado, various citrus, and fruit trees, along with 7 raised garden beds ready for seasonal planting. Wire garden fencing is already in place, perfect for supporting boysenberry, grape, or blueberry crops. A detached garage includes a converted office space, offering an excellent opportunity for a future ADU or creative workspace. Recent improvements enhance comfort and efficiency, including new HVAC with a Bosch variable system and gas furnace, updated water regulators at both the home and main line, new irrigation valves, rigorous system leak detection, updated irrigation programming on auto timers and a septic-friendly InSinkErator garbage disposal. With its serene hilltop setting, expansive land, and incredible views, this property presents a unique opportunity to enjoy the best of Fallbrook living. The private road access contributes to the peaceful setting. Conveniently located just a short drive to charming downtown Fallbrook and easy access to the 15 freeway. A perfect homestead to enjoy wide open space, breathtaking views, and the freedom to make it your own—bring your vision and personal touches to create something truly special!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 3,216 | 2,341 | 81% |
| Lot Size | 87,991.203 | 25,264.801 | 77% |
| Price | $949.0K | $925.0K | 54% |
| Price per sq ft | $295 | $418 | 3% |
| Built year | 1985 | 1992 | 33% |
| HOA | $0 | $0 | 50% |
| Days on market | 37 | 142 | 10% |
May 28, 2026
$949,000
$995,000
-5% Price Drop
Initial Listing
Apr 30, 2026
$995,000
Initial Listing