2292 Dos Lomas, Fallbrook, California 92028, Fallbrook, 92028 - 4 bed, 4 bath
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Fallbrook, California 92028
This hilltop estate represents a High-Potential Investment Opportunity, listed at a List Price of $1,700,000—positioned well below the $1,740,184 Fair Market Value by 2%. This valuation gap provides $40,184 in Instant Equity. Featuring a Fair Condition Rating, the home offers a Granite Kitchen and Panoramic Hilltop Views, with an oversized RV/Coach Garage for added utility. While the interior reflects its 1999 build, the expansive 2.13-acre lot and resort-style pool offer significant upside. This is an ideal acquisition for Value-Add Investors or Owner-Occupants seeking a luxury retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2292 Dos Lomas Subject | $1,700,000* List Price | 4 | 4 | 4,847 | $359 | - |
A 2737 Dos Lomas Sold | $1,725,000 | 4 | 4 | 3,808 | $453 | 0.4 mi |
B 2328 Dos Lomas Sold | $1,754,925 | 5 | 5 | 6,169 | $284 | 0.0 mi |
C 2860 Via Rancheros Way Sold | $1,720,000 | 4 | 4 | 4,200 | $410 | 0.6 mi |
D 2975 Dos Lomas Sold | $1,210,000 | 4 | 3 | 3,040 | $398 | 0.3 mi |
E 2635 Vista De Palomar Sold | $1,300,000 | 4 | 3 | 3,060 | $425 | 0.5 mi |
F 2230 Calle Dos Lomas Active | $1,499,000 List Price | 5 | 5 | 4,830 | $310 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1999, the property is over 20 years old and features original kitchen and bathroom finishes that are functional but dated, including white appliances and late-90s cabinetry. While the home is exceptionally well-maintained and move-in ready with updated systems like a recently resurfaced pool and dual-zone HVAC, it meets the 'Fair' criteria due to its age and the need for cosmetic modernization.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 92783, living area = 4847.
Commanding one of the highest vantage points in the gated Champagne Crest enclave, this estate offers breathtaking 180-degree views and exceptional privacy on over two acres.
The property features a rare, oversized detached coach/RV garage with 14-foot ceilings and 12-foot doors, providing unparalleled space for collectors, workshops, or large recreational vehicles.
Built in 1999, certain architectural details like the oak hardwood inlays and specific millwork may feel dated to buyers seeking a more contemporary or modern aesthetic.
While the elementary and middle schools are well-rated, the local high schools currently hold a rating of 5, which may be a concern for families prioritizing top-tier secondary education.
Where breathtaking views meet timeless California elegance. Commanding one of the highest vantage points within the prestigious gated enclave of Champagne Crest, this exceptional hilltop estate offers an extraordinary blend of privacy, craftsmanship, and resort-style living on approximately 2.13 acres. Spanning nearly 4,850 square feet, the custom residence was thoughtfully designed to embrace its spectacular surroundings, with soaring ceilings reaching 22 feet, expansive picture windows, and an abundance of natural light framing panoramic views from nearly every room. A grand entry introduces rich oak hardwood flooring with custom inlay, exquisite millwork, wainscoting, and three impressive fireplaces that create an atmosphere of understated luxury. Designed for both elegant entertaining and relaxed everyday living, the home's flowing floor plan seamlessly connects formal and casual living spaces with multiple outdoor terraces and gathering areas. The kitchen is beautifully appointed with premium Dacor appliances, granite countertops, a generous center island, walk-in pantry, breakfast nook, and effortless access to the resort-style backyard. The private primary suite is a true sanctuary, complete with its own fireplace, spa-inspired bath, expansive walk-in closet, and a covered veranda where breathtaking 180-degree views provide the perfect backdrop for morning coffee or evening sunsets. A private downstairs guest suite with its own entrance offers exceptional flexibility for multigenerational living, extended guests, executive office space, or a luxury home gym. Outdoor living rivals that of an exclusive resort, featuring a recently resurfaced edge pool, cascading spa, built-in barbecue, lush, irrigated grounds, expansive lawn, and multiple patios designed for unforgettable entertaining beneath Southern California skies. For collectors, entrepreneurs, or adventure enthusiasts, the property offers an attached three-car garage, adjacent carport, and an impressive oversized detached coach/RV garage with 14-foot ceilings and 12-foot doors—ideal for recreational vehicles, classic automobiles, workshop space, or future possibilities. Additional amenities include dual-zone climate control, whole-house vacuum, fire sprinkler system, recessed lighting, dual water heaters, and exceptional quality throughout. This is more than a home—it is a private hilltop retreat offering luxury, serenity, and spectacular views just minutes from Fallbrook's renowned wineries, golf courses, and convenient access to San Diego's coastal lifestyle.
No exterior & parking available.
Grades K-5 • 3.4 mi
Grades 6-8 • 2.9 mi
Grades 9-12 • 2.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 4.0 | 3.0 |
| Square foot | 4,847 | 2,169 |
| Lot Size | 92,783 | 47,480.4 |
| Price | $1.70M | $917.5K |
| Price per sq ft | $351 | $426 |
| Built year | 1999 | 1991 |
| HOA | $155.0 | $176 |
| Days on market | 20 | 60 |
Jul 2, 2026
$1,700,000
Initial Listing
Dec 27, 2012
$845,000
Public Record
Mar 19, 2004
$500,000
Public Record