2247 Margarita Glen, Fallbrook, California 92028, Fallbrook, 92028 - 3 bed, 4 bath
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Fallbrook, California 92028
This Luxury Hilltop Estate is a High-Potential Investment Opportunity, listed at $1,489,000—positioned well below the $1,704,311 Fair Market Value by 12%. This valuation gap offers $215,311 in Instant Equity for buyers. The property is in Good Condition, featuring a Gourmet Chef’s Kitchen and a Luxury Pool and Spa on over 6 acres of private land. Boasting Panoramic Mountain Views and located within the Fallbrook Union district, this residence balances high-end lifestyle perks with significant financial upside. This is an exceptional acquisition for Owner-Occupants or Lifestyle-Driven Investors seeking a tranquil retreat with built-in value.
Property is move-in ready.
Built in 2006, this property falls within the 10-20 year age bracket for a 'good' rating. The home is move-in ready and features high-end amenities including a gourmet kitchen with a 6-burner cooktop, dual dishwashers, and a wine fridge. The interior and exterior, including the pool, spa, and outdoor fireplace, appear well-maintained with superior attention to detail. While the styling reflects its mid-2000s construction, the quality of materials and lack of deferred maintenance justify a solid 'good' score.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 266587, living area = 3864.
Situated on over 6 acres, this hilltop estate offers unparalleled tranquility and breathtaking panoramic views of the mountains and valleys, providing a true retreat feel.
The property epitomizes Southern California living with a seamless indoor-outdoor flow leading to a luxury pool, spa, and a covered patio equipped with a custom fireplace.
With nearly 3,900 square feet of living space, the home only offers three bedrooms, which may limit its appeal to larger families or buyers seeking more sleeping quarters.
The local public schools are rated between 4 and 6, which may be a drawback for families specifically seeking top-tier educational districts.
The privacy on this hilltop of over 6 acres will ensure a calm and tranquil lifestyle away from it all and yet only minutes to commute corridors. Superior quality and attention to detail are evident throughout. The greatroom with adjacent kitchen and eating area opens to a covered patio with fireplace that extends to inviting pool and spa overlooking the views beyond. Southern California indoor to outdoor living at it's best. The kitchen with expansive island, dual dishwashers, wine fridge, 6 burner cooktop and butler pantry will provide interaction with guests while entertaining. There is an additional space adjacent to garage for a bonus room or workshop. Don't miss the nearby hiking trails along the Santa Margarita River.
No exterior & parking available.
Grades K-6 • 2.3 mi
Grades K-6 • 3.9 mi
Grades K-8 • 2.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 4.0 | 3.0 | 78% |
| Square foot | 3,864 | 2,299 | 92% |
| Lot Size | 266,587.188 | 25,265 | 94% |
| Price | $1.49M | $929.0K | 89% |
| Price per sq ft | $385 | $422 | 33% |
| Built year | 2006 | 1991 | 71% |
| HOA | $0 | $0 | 50% |
| Days on market | 101 | 142 | 33% |
Mar 6, 2026
$1,489,000
Initial Listing
Mar 5, 2010
$675,000
Public Record