210 S. Orange, Fallbrook, California 92028, Fallbrook, 92028 - 3 bed, 2 bath
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Fallbrook, California 92028
This Multi-Parcel Development Asset presents a High-Potential Investment Opportunity. Listed at $659,000 against a $600,878 Fair Market Value for the existing structure, the premium reflects three contiguous parcels totaling 42,318 sq ft with VR-15 Zoning. The property carries a Condition Rating of 5, requiring a total rehab, but offers scenic mountain views and dual street access near the Fallbrook Union district. This cash-only acquisition is a strategic land-play ideal for Real Estate Developers or Fix-and-Flip Investors seeking high-density development potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 210 S. Orange Subject | $659,000* List Price | 3 | 2 | 1,766 | $342 | - |
A 903 Crescent Bend Sold | $660,000 | 3 | 2 | 1,656 | $399 | 1.0 mi |
B 503 Potter Sold | $715,000 | 4 | 3 | 1,641 | $436 | 0.4 mi |
C 173 S Mercedes Sold | $745,000 | 3 | 2 | 1,620 | $460 | 0.9 mi |
D 946 Woodcreek Road Sold | $684,000 | 3 | 2 | 1,537 | $445 | 0.8 mi |
E 741 Rossiter Lane Sold | $700,000 | 3 | 2 | 1,510 | $464 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1955 with no evidence of recent renovations, the property is explicitly marketed as a 'value-add' for cash buyers due to its condition and unpermitted additions. Interior images reveal highly dated bathrooms, acoustic ceiling tiles, and outbuildings with significant structural neglect, indicating a need for a total rehab or redevelopment.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9205, living area = 1766.
The offering includes three contiguous parcels totaling approximately 42,318 sq ft with VR-15 zoning, providing a rare high-density opportunity for multi-unit development or custom builds in central Fallbrook.
The property features access from both S. Orange St and Fig St, offering exceptional flexibility for site planning, construction logistics, and potential subdivision.
Due to the property's current condition and the presence of unpermitted additions, it is restricted to cash buyers, significantly narrowing the pool of potential purchasers.
The 1955 structure requires significant investment to address deferred maintenance and unpermitted work, which may complicate the permitting process and increase initial capital requirements.
BOM-After Inspection Contingency was removed, Buyer unable to proceed due to an unexpected medical situation– Three Contiguous Parcels in Central Fallbrook Now offered with additional land, this unique property presents a rare chance to acquire three contiguous parcels totaling approximately 42,318 sq ft across separate APNs—an increasingly sought-after opportunity for investors, builders, and those looking to create something truly special in North San Diego County. APN#103-243-02-00, APN#103-243-07-00, APN#103-243-08-00 The existing 3-bedroom, 2-bath home sits on an approximately 9,205 sq ft lot and offers a value-add investment opportunity for renovation, redevelopment, or reimagining. Due to condition and unpermitted additions, the property is best suited for a cash buyer. Two additional parcels expand the possibilities: a 13,566 sq ft lot directly behind the home provides added usable space, while the upper 19,547 sq ft parcel offers elevated positioning with scenic views. All three lots are contiguous with access from both S. Orange St and Fig St—enhancing flexibility for future planning, development potential, or multi-generational living concepts. Zoned RU (Urban Residential) with a Village Residential (VR-15) designation, this combined offering may support a range of residential uses, including potential multi-unit development, custom home builds, or investment strategies (buyer to verify zoning, permits, utilities, and development potential with San Diego County). Located in an established neighborhood with ongoing demand, this is a rare land and development opportunity in the heart of Fallbrook—ideal for those seeking long-term upside, expansion potential, and creative vision.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 3.0 | 32% |
| Square foot | 1,766 | 2,288 | 27% |
| Lot Size | 9,205 | 25,264.801 | 36% |
| Price | $659.0K | $925.0K | 6% |
| Price per sq ft | $373 | $422 | 27% |
| Built year | 1955 | 1991 | 6% |
| HOA | $0 | $0 | 50% |
| Days on market | 88 | 142 | 28% |
Apr 24, 2026
$659,000
$749,000
-12% Price Drop
Initial Listing
Apr 15, 2026
$749,000
$599,000
+25% Price Increase
Initial Listing
Mar 19, 2026
$599,000
Initial Listing