2323 Wilt Rd, Fallbrook, California 92028, Fallbrook, 92028 - 4 bed, 3 bath
2323 Wilt Rd
Fallbrook, California 92028
Property Price
SUMMARY
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2323 Wilt Rd Subject | $1,438,000* List Price | 4 | 3 | 4,173 | $345 | - |
A 2543 Daisy Ln Sold | $1,375,000 | 5 | 4 | 3,975 | $346 | 0.9 mi |
B 2839 Lakemont Drive Sold | $1,105,000 | 5 | 4 | 3,855 | $287 | 0.6 mi |
C 2377 Vern Drive Sold | $1,350,000 | 4 | 3 | 3,508 | $385 | 0.6 mi |
D 3647 Laketree Dr. Sold | $1,480,000 | 5 | 5 | 4,275 | $346 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The property is move-in ready and shows significant evidence of maintenance and partial updates. While built in 1991, the kitchen has been updated with high-end natural stone countertops and premium stainless steel appliances, including a Sub-Zero refrigerator. The main living areas feature updated light-toned flooring and well-preserved architectural details like vaulted wood-beam ceilings. Although some original elements like the Saltillo tile flooring and traditional cabinetry remain, the overall quality, updated kitchen features, and pristine resort-style pool area meet the criteria for a 'good' condition score.
PROSSTRENGTHS & OPPORTUNITIES
- Development Potential
The property spans nearly five acres across two legal parcels, providing rare flexibility for adding a guest house, ADU, hobby vineyard, or agricultural projects.
- Panoramic Views
Perched on a scenic ridgeline, the estate offers exceptional sunset and hill views, enhanced by a primary suite balcony and a resort-style pool area.
- Competitive Value
Priced aggressively below market value with significant recent price reductions, this home offers a strong price-per-square-foot opportunity for a luxury estate.
CONSRISKS & DEFICIENCIES
- Market Stagnation
The property has undergone multiple price drops since its original listing, which may indicate previous overpricing or buyer hesitation regarding the property's specific location or condition.
- School Ratings
Several assigned schools, including the local elementary and intermediate schools, have lower ratings (4/10), which could be a drawback for families with school-aged children.
- Maintenance Intensity
Managing nearly five acres of terraced land and mature landscaping, alongside a large 1991-built home, requires substantial ongoing maintenance and potential capital for updates.
About 2323 Wilt Rd
Perched on a scenic ridgeline with sweeping sunset views, this private Mediterranean-style estate offers luxury living at an aggressively priced, below-market value. Nearly 5 acres across two legal parcels provide rare flexibility for expansion, guest home, hobby vineyard, or agricultural use. The 4,173 SF interior features vaulted ceilings, exposed beams, a grand living room with stone fireplace, and a gourmet chef’s kitchen with natural stone counters, center island, and indoor-outdoor flow. The spacious primary suite includes its own view balcony and retreat area. Outdoors, enjoy a resort-style pool overlooking panoramic hills, mature landscaping, terraced pathways, and exceptional privacy. A unique opportunity to secure a view estate with land, amenities, and long-term potential—priced to sell quickly.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1991
- Lot Size
- -
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Fallbrook Unified Schools
Live Oak Elementary School
Grades K-6 • 2.5 mi
Maie Ellis Elementary
Grades K-6 • 4.7 mi
Bonsall Elementary School
Grades K-5 • 4.9 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 53% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 4,173 | 2,285 | 94% |
| Lot Size | - | 26,571.5 | 11% |
| Price | $1.44M | $917.5K | 89% |
| Price per sq ft | $345 | $422 | 21% |
| Built year | 1991 | 1991 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 89 | 178 | 15% |
Pricing History
Listed for Sale
Feb 17, 2026
$1,438,000
$1,488,000
-3% Price Drop
Initial Listing
Price Change
Dec 26, 2025
$1,488,000
$1,588,000
-6% Price Drop
Initial Listing
Price Change
Dec 8, 2025
$1,588,000
Initial Listing
Sold
Dec 12, 2017
$95,000
Public Record
Sold
Apr 28, 2003
$207,500
Public Record