
Fallbrook, California 92028
This Historic Income-Generating Asset is listed at $1,290,000, reflecting a premium over the $1,153,931 Fair Market Value. Despite the price, the property offers a High-Potential Investment Opportunity due to its proven performance as a highly-rated AirBnB and potential for boutique events. Featuring a Condition Rating of 2, the home includes a chef's kitchen, Pella windows, and hardwood floors. Its prime location one block from Main Street ensures high rental demand. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a turnkey, historic property.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 210 S Vine Street Subject | $1,150,000* List Price | 5 | 3 | 2,618 | $408 | - |
A 35562 Orchard Trl Sold | $853,500 | 4 | 3 | 2,654 | $322 | 0.3 mi |
B 955 La Rue Avenue Sold | $809,000 | 3 | 2 | 1,785 | $453 | 0.8 mi |
C 931 La Rue Sold | $820,000 | 4 | 2 | 1,833 | $447 | 0.8 mi |
D 280 Shetland W Sold | $1,040,000 | 4 | 4 | 3,373 | $308 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Despite being a historic 1888 build, the property has undergone a comprehensive contemporary renovation within the last 5 years. The chef's kitchen features high-end modern appliances and finishes, bathrooms are fully updated with current fixtures and LED mirrors, and the home features newer Pella windows and pristine hardwood flooring throughout, requiring no immediate maintenance.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 15882, living area = 2618.
Known as the Pruett House (built 1888), this landmark property blends significant historical character with high-end contemporary renovations, including a chef's kitchen, Pella windows, and restored hardwood floors.
Currently operating as a highly-rated AirBnB with five bedrooms and a private 10-space parking lot, the property offers a turnkey investment opportunity with additional potential as a boutique wedding venue.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 4.
Despite modern renovations, an 1888 structure may require specialized and potentially costly ongoing maintenance to preserve its historic integrity and aging infrastructure.
The property's proximity to the downtown commercial core and its own 10-space parking lot may result in higher ambient noise levels and less seclusion compared to typical rural Fallbrook estates.
Big price reduction on this amazing property! Own a piece of Fallbrook history: the Pruett House was built for Dr. John Alvin Pruett, Fallbrook 's first doctor, in 1888. This historic home has been recently renovated to modern/contemporary standards, yet still has many historic elements. Located in the heart of Fallbrook, this beautiful property is one block from Main Street and a short walk to restaurants, bars and shopping, along with weekend street festivals and markets. The home is an active, highly rated AirBnB, with 5 bedrooms (2 on the main floor) and 3 full bathrooms, perfect for guests coming to enjoy local wineries, the town, weddings, San Diego to the south and Temecula to the north. Every room in this lovely home will amaze you, from the living room with the floor to ceiling rock fireplace, the carved wooden staircase gracing the formal entry, the large dining room, to the incredible chef's kitchen with all the modern conveniences and the gorgeous hardwood floors that run through much of the house. Pella windows were chosen by a previous owner to blend with the historical charm of the home. Comes complete with your own private 10 space parking lot outside! The front porch overlooks the beautifully landscaped front yard to the quaint town below. Owners have received many requests to allow weddings on this one of a kind property. Furnishings and linens are negotiable with sale of home. Storage room (approx 7 feet by 14 feet) off front porch is locked and will be accessible when in escrow.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 4.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 2,618 | 2,169 |
| Lot Size | 15,882 | 47,480.4 |
| Price | $1.15M | $917.5K |
| Price per sq ft | $439 | $426 |
| Built year | 1888 | 1991 |
| HOA | $0 | $176 |
| Days on market | 24 | 60 |
Jul 11, 2026
$1,150,000
$1,290,000
-11% Price Drop
Initial Listing
Jun 28, 2026
$1,290,000
Initial Listing
Jul 28, 2022
$778,000
Public Record
May 15, 2007
$440,000
Public Record