
Fallbrook, California 92028
This Renovated Storybook Estate is a Prime Investment Opportunity, listed at $1,299,000—positioned well below the $1,347,741 Fair Market Value by 3%. This valuation gap provides $48,741 in Instant Equity. Boasting a Condition Rating of 2, the residence features a modernized kitchen with Café appliances, an infinity-edge pool, and a detached guest house on 1.62 acres. With panoramic mountain views and proximity to Fallbrook High, it balances luxury with utility. This is an ideal sanctuary for Multi-Generational Families or Owner-Occupants seeking a turnkey lifestyle with rental upside.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2422 Gird Road Subject | $1,299,000* List Price | 5 | 5 | 3,720 | $362 | - |
A 2404 Via Del Aquacate Sold | $1,375,000 | 5 | 3 | 3,995 | $344 | 0.9 mi |
B 3647 Laketree Dr. Sold | $1,480,000 | 5 | 5 | 4,275 | $346 | 0.7 mi |
C 2747 Via Del Robles Sold | $1,457,000 | 3 | 3 | 3,493 | $417 | 0.6 mi |
D 1797 99 Rabbit Hill Sold | $1,200,000 | 5 | 4 | 3,046 | $394 | 0.7 mi |
E 2465 Via Oeste Drive Active | $1,555,000 List Price | 3 | 3 | 3,769 | $413 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1976, the property has undergone an extensive and high-end renovation within the last few years. The kitchen is fully modernized with premium white Café appliances, a farmhouse sink, and herringbone tile backsplash. The interior features updated wood flooring, contemporary recessed lighting, and fresh neutral paint throughout. The exterior is equally well-maintained, featuring a luxury infinity-edge pool, spa, and a fully equipped outdoor kitchen, meeting the highest standards for move-in ready condition.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 70567, living area = 3270.
The property includes a detached guest house with its own full kitchen, offering a private and versatile space for extended family, long-term guests, or potential rental income.
Set on 1.62 acres, the exterior is a premier entertaining space featuring an infinity-edge pool, spa, outdoor kitchen, and expansive mountain views.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3720, other record living area = 3270.
With an original build date of 1976, the property may possess older structural or mechanical systems that require more frequent maintenance compared to newer constructions.
The local public schools assigned to this address currently hold ratings of 4 and 5, which may be a drawback for buyers specifically seeking top-tier educational districts.
Tucked behind a gated entry, this storybook Fallbrook property unfolds across 1.62 acres, offering 5 bedrooms, 4.5 bathrooms, and 3,270 square feet of thoughtfully updated living space. Blending charm, character, and functionality, the home is designed for both everyday comfort and effortless entertaining. A long private drive sets a peaceful tone on arrival, while the fully fenced grounds provide space for animals, gardening, or simply enjoying the open setting. The main residence features an updated kitchen with white Café appliances, a walk-in pantry, and seamless flow into the living and dining areas. Warm wood flooring, a wood-burning stove, and expansive windows create a welcoming atmosphere throughout. The primary suite is conveniently located on the main level, with additional bedrooms upstairs offering flexibility for a variety of living needs. A detached guest house with its own kitchen provides a private retreat ideal for extended family, guests, or multi-generational living. The outdoor spaces are where this property truly shines. A charming covered porch, mature landscaping, and winding garden pathways create a storybook setting, while the property is designed for entertaining with an infinity edge pool, spa, outdoor kitchen, and multiple seating areas. Decks, patios, and garden spaces offer peaceful places to relax and take in the surroundings. Mountain views, RV parking, and versatile outdoor space complete this unique offering, combining charm, privacy, and lifestyle in a highly desirable Fallbrook location.
No exterior & parking available.
Grades K-6 • 1.9 mi
Grades K-6 • 4.1 mi
Grades 7-8 • 2.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 89% |
| Baths | 5.0 | 3.0 | 92% |
| Square foot | 3,720 | 2,414 | 87% |
| Lot Size | - | 30,492 | 13% |
| Price | $1.30M | $930.0K | 83% |
| Price per sq ft | $349 | $417 | 23% |
| Built year | 1976 | 1991 | 21% |
| HOA | $0 | $0 | 50% |
| Days on market | 6 | 181 | 8% |
Apr 16, 2026
$1,299,000
Initial Listing
Jun 1, 2020
$865,000
Public Record
Jul 29, 2009
$410,000
Public Record
May 2, 2005
$725,000
Public Record
May 14, 1999
$335,000
Public Record