2248 Mil Sorpresas, Fallbrook, California 92028, Fallbrook, 92028 - 3 bed, 3 bath
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Fallbrook, California 92028
This Spacious Equestrian Estate is a Strong Value Opportunity, listed at $1,200,000—positioned slightly above the $1,182,901 Fair Market Value. While priced at market, the property offers significant long-term stability through its Condition Rating of 3, featuring a new 2024 HVAC system and owned solar. The 1.14-acre lot provides exceptional utility with horse stalls, RV parking, and panoramic valley views. This residence balances rural tranquility with modern efficiency, making it an ideal acquisition for Equestrian Enthusiasts or Owner-Occupants seeking a private, move-in ready sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2248 Mil Sorpresas Subject | $1,200,000* List Price | 3 | 3 | 2,635 | $449 | - |
A 2187 Mil Sorpresas Drive Sold | $1,485,000 | 4 | 4 | 3,378 | $440 | 0.1 mi |
B 804 El Paisano Sold | $988,000 | 3 | 3 | 2,128 | $464 | 0.9 mi |
C 2235 Gum Tree Lane Sold | $1,275,000 | 4 | 3 | 2,251 | $566 | 0.7 mi |
D 732 Hamilton Lane Active | $1,170,000 List Price | 3 | 3 | 2,127 | $550 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1985, the property is exceptionally well-maintained and move-in ready. It features a brand-new HVAC system (2024), owned solar, and an EV charger, which elevates the mechanical score. While the kitchen and laundry areas appear aesthetically dated with original tile and oak cabinetry, recent flooring and fixture updates prevent it from falling into the 'Fair' category.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 49658, living area = 2635.
The property features sweeping, unobstructed views of the Santa Margarita Valley, complemented by cathedral ceilings and an oversized deck that seamlessly blends indoor and outdoor living.
Significant value is added through owned solar panels, a brand-new HVAC system installed in late 2024, and an EV charger, ensuring energy efficiency and reduced long-term utility costs.
Built in 1985, the home may require ongoing maintenance or further cosmetic updates to align with contemporary luxury standards despite recent improvements.
The presence of an unfinished basement represents an additional capital investment and construction project for buyers looking to fully utilize the home's potential square footage.
Perched to capture sweeping, unobstructed views of the Santa Margarita Valley, this 3-bedroom, 2.5-bathroom residence offers 2,635 square feet of refined living space designed to embrace light, space, and scenery. The home features soaring cathedral ceilings framed by expansive windows that create a dramatic interior and seamlessly connect to an oversized deck—perfect for elevated indoor-outdoor living. The thoughtfully curated grounds include low-maintenance native landscaping, meandering gravel pathways, established citrus trees (orange, tangerine, and lemon), and ample usable land on approximately 1.14 acres. The fully fenced property offers equestrian amenities, including horse stalls and a tack room, plus generous RV storage and parking. Additional highlights include three fireplaces, a main-level primary suite, an unfinished basement with exterior access, owned solar, a new HVAC system (replaced December 2024), recent flooring and fixture updates, and an EV car charger. With 3 parking spaces and set close to nature, this private, tranquil home sits in a friendly neighborhood with no through streets—offering seclusion while remaining conveniently accessible in the heart of Fallbrook.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 2,635 | 2,169 |
| Lot Size | 49,658 | 47,480.4 |
| Price | $1.20M | $917.5K |
| Price per sq ft | $455 | $426 |
| Built year | 1985 | 1991 |
| HOA | $0 | $176 |
| Days on market | 27 | 60 |
Jun 25, 2026
$1,200,000
Initial Listing
Jun 30, 2022
$1,080,000
Public Record
Jan 24, 2019
$680,000
Public Record
Dec 19, 1997
$313,000
Public Record