
Fallbrook, California 92028
This Single Family Residence represents a High-Potential Investment Opportunity, listed at $1,125,000, which aligns with its $1,125,000 Fair Market Value. While the property is priced at market, it offers significant versatility through its 1.34-acre lot, Heated Pool and Spa, and a 960 sqft Jr ADU conversion. Featuring a Good Condition Rating, the home includes a Granite Kitchen and Hardwood Floors. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a private, multi-functional estate in the Fallbrook Union district.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2399 Paige Circle Subject 4 bd · 4 ba · 2,400 sqft · $469 | $1,125,000* List Price | 4 | 4 | 2,400 | $469 | - |
A 1044 Valentine Lane Sold 3 bd · 3 ba · 2,288 sqft · $487 · 0.9 mi | $1,115,000 | 3 | 3 | 2,288 | $487 | 0.9 mi |
B 130 Orvil Way Sold 3 bd · 2 ba · 2,374 sqft · $394 · 0.7 mi | $935,000 | 3 | 2 | 2,374 | $394 | 0.7 mi |
C 1036 Capra Way Sold 4 bd · 3 ba · 3,021 sqft · $432 · 1.0 mi | $1,305,000 | 4 | 3 | 3,021 | $432 | 1.0 mi |
D 2713 E Mission Active 4 bd · 3 ba · 2,482 sqft · $544 · 0.6 mi | $1,349,000 List Price | 4 | 3 | 2,482 | $544 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2004, this 20-year-old property is well-maintained and move-in ready. The kitchen features functional granite countertops and stainless steel appliances, and the home includes high-quality hardwood and marble flooring. While the bathroom tile-work and cabinetry reflect the original build date, the addition of solar panels and a well-kept pool area supports a 'Good' rating.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 58370, living area = 2400.
Situated on 1.34 acres at the end of a private cul-de-sac, the property offers exceptional privacy and versatility, including zoning for horses and large animals.
The residence features a heated pool and spa, providing a high-end outdoor retreat that enhances the property's appeal for relaxation and entertainment.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2400, other record living area = 2126. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
The 960 sqft garage has been converted into a Junior ADU without permits, which may create complications for financing, appraisals, and future code compliance.
With 200 days on the market and a recent price reduction, the property may be facing buyer hesitation or perceived value misalignment in the current market.
Great opportunity to live in Beautiful Fallbrook! This single story, 4br, 3.5 bath located at the end of a private cul-de-sac has a long driveway (that can be easily privately gated), that leads you thru its 1.34 acres and takes you right to your new home. The interior offers a beautiful Kitchen with granite counter tops and stainless steel appliances. Hardwood and marble tile floors throughout. The heated pool and spa are the perfect treat after a long day. On the 1.34 acres there's the opportunity for horses other large animals and poultry. And wait until you see the garage!!! It's 960 sqft has been turned into a Jr ADU/unpermitted. It has beautiful cabinetry built-ins with it's own bathroom/shower and kitchenette.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.8 |
| Baths | 4.0 | 3.0 |
| Square foot | 2,400 | 2,343.723 |
| Lot Size | 58,370.398 | 46,829.322 |
| Price | $1.12M | $932.8K |
| Price per sq ft | $469 | $433 |
| Built year | 2004 | 1992 |
| HOA | $0 | $198 |
| Days on market | 210 | 60 |
Oct 15, 2026
$1,125,000
$1,150,000
-2% Price Drop
Initial Listing
Mar 29, 2026
$1,150,000
Initial Listing
Sep 16, 2004
$615,000
Public Record