214 Summit Ave, Fallbrook, California 92028, Fallbrook, 92028 - 3 bed, 2 bath

214 Summit Ave
Fallbrook, California 92028
Property Price
SUMMARY
Analysis of 214 Summit Ave, Fallbrook, California 92028 reveals a property with a current list price of $599,000, which is 19% above the estimated $502,036 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Fallbrook Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 214 Summit Ave Subject | $599,000* List Price | 3 | 2 | 1,125 | $446 | - |
A 820 Cozy Court Sold | $625,000 | 4 | 2 | 1,041 | $600 | 0.4 mi |
B 820 Cozy Court Sold | $625,000 | 2 | 2 | 1,041 | $600 | 0.4 mi |
C 1206 Old Stage Road Sold | $675,000 | 3 | 2 | 1,399 | $482 | 0.8 mi |
D 985 N Main Avenue Sold | $610,000 | 2 | 1 | 1,130 | $540 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is extensive renovation needed.
Built in 1952, this property is explicitly marketed as an investment project requiring a full transformation. The home features significant discrepancies between county records and the current layout (unpermitted additions), dated kitchen and bathrooms, and aged systems. The listing's call to 'bring your tools' and 'imagination' confirms that substantial repairs and rehabilitation are needed to meet modern living standards.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7689, living area = 1125.
- Significant Value-Add Potential
The property features more bedrooms, bathrooms, and square footage than county records indicate, offering a unique opportunity to capitalize on existing space and 'solid bones' through strategic renovation.
- Energy Efficiency & Utility
Equipped with solar panels and ample parking for four or more vehicles, including a workshop area with garage conversion potential, providing modern utility and long-term cost savings.
CONSRISKS & DEFICIENCIES
- Unverified Improvements
Significant discrepancies exist between county records and the current layout regarding bedroom count and square footage; the unknown permit status may pose challenges for traditional financing or future compliance.
- Extensive Renovation Required
Built in 1952 and marketed as an investment project, the property requires substantial updates and repairs, necessitating a buyer with the budget and expertise to handle a full transformation.
About 214 Summit Ave
This is a must-see opportunity to transform this property into a true gem. The county records reflect 3 bedrooms and 1 bathroom; however, the home currently features 4 bedrooms, 2 full bathrooms, and a spacious family room. (Permits unknown.) THe square footage is also larger, however, permits unknown. This property also has solar panels. Situated on a quiet street and within walking distance to the elementary school, the location is ideal. Please note there may be some additional traffic during school drop-off and pick-up times. The home offers a functional floor plan with solid bones and excellent potential. There is parking space for four or more vehicles, plus a front workshop area that could potentially be converted into a garage. The backyard is peaceful and tranquil, complete with a storage unit and an abundance of rose bushes and mature greenery. This property presents a wonderful opportunity to create your ideal home or investment project. Bring your imagination and tools — the possibilities are here.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1952
- Lot Size
- 7,689 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 3.0 | 32% |
| Square foot | 1,125 | 2,281.5 | 3% |
| Lot Size | 7,689 | 26,571.5 | 30% |
| Price | $599.0K | $909.5K | 2% |
| Price per sq ft | $532 | $423 | 88% |
| Built year | 1952 | 1991 | 4% |
| HOA | $0 | $0 | 50% |
| Days on market | 7 | 178 | 5% |
Pricing History
Listed for Sale
Feb 28, 2026
$599,000
Initial Listing












































