253 Paddock Lane, Fallbrook, California 92028, Fallbrook, 92028 - 3 bed, 3 bath
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253 Paddock Lane
Fallbrook, California 92028
ACTIVE
CONDITION: EXCELLENT
3Beds
3Baths
1,985Sq Ft
3,090Lot Size
Property Price
LIST PRICE$730,000
EST. MARKET VALUE
$755,606
3% BelowMARKET VALUE
SUMMARY
This Modern Single-Family Residence is a Strong Value Opportunity, listed at $730,000—positioned well below the $756,538 Fair Market Value by 3%. This valuation gap offers $26,538 in Instant Equity. Built in 2022, the home maintains a Condition Rating of 2, featuring Paid Solar and smart home technology. Residents enjoy resort-style amenities in the Citro community. This turnkey property is an ideal acquisition for Owner-Occupants seeking energy efficiency or first-time buyers prioritizing a modern, low-maintenance lifestyle.
Estimated Market Value
$755,606+$25,606 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Fallbrook.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 253 Paddock Lane Subject 3 bd · 3 ba · 1,985 sqft · $381 | $730,000* List Price | 3 | 3 | 1,985 | $381 | - |
A 220 Hass Sold 4 bd · 3 ba · 2,209 sqft · $355 · 0.1 mi | $785,000 | 4 | 3 | 2,209 | $355 | 0.1 mi |
B 34758 Criollo Way Sold 4 bd · 3 ba · 2,209 sqft · $353 · 0.3 mi | $780,000 | 4 | 3 | 2,209 | $353 | 0.3 mi |
C 35309 Kinsky Way Sold 4 bd · 3 ba · 1,911 sqft · $374 · 0.5 mi | $715,000 | 4 | 3 | 1,911 | $374 | 0.5 mi |
D 35113 Persano Place Sold 3 bd · 3 ba · 1,568 sqft · $434 · 0.3 mi | $680,000 | 3 | 3 | 1,568 | $434 | 0.3 mi |
E 35116 Citron Lane Lot 133 Lot 133 Sold 4 bd · 3 ba · 2,099 sqft · $423 · 0.2 mi | $888,000 | 4 | 3 | 2,099 | $423 | 0.2 mi |
F 35252 Bergamot Drive Lot 222 Sold 3 bd · 2 ba · 1,806 sqft · $440 · 0.5 mi | $795,000 | 3 | 2 | 1,806 | $440 | 0.5 mi |
G 35222 Harvest Hills Wy #226 Sold 3 bd · 3 ba · 1,806 sqft · $459 · 0.4 mi | $828,196 | 3 | 3 | 1,806 | $459 | 0.4 mi |
H 35172 Bergamot Cove Sold 4 bd · 3 ba · 2,106 sqft · $387 · 0.4 mi | $815,000 | 4 | 3 | 2,106 | $387 | 0.4 mi |
I 35012 Hacienda Heights Lot 58 Pending 4 bd · 3 ba · 2,209 sqft · $332 · 0.1 mi | $732,440 List Price | 4 | 3 | 2,209 | $332 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Built in 2022, this home is less than 5 years old and in mint condition. It features modern open-concept living, updated systems, smart home technology, and paid solar, requiring no maintenance or updates.
PROSSTRENGTHS & OPPORTUNITIES
- Modern Efficiency & Paid Solar
Built in 2022, this contemporary home features integrated smart technology and fully paid solar panels, providing significant energy savings and immediate value to the buyer.
- Versatile Multi-Level Layout
The floor plan offers exceptional flexibility with both a downstairs den and an upstairs loft, catering perfectly to remote work needs or providing additional living spaces for families.
- Premium Community Amenities
Located in the Citro community, residents have access to resort-style facilities including a pool, spa, clubhouse, community garden, and miles of hiking and biking trails.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =3090, other record lot size in square feet = 3439.
- Limited Private Outdoor Space
The lot size of 3,090 square feet is relatively compact for a single-family residence, which may limit options for private gardening or large outdoor gatherings.
- Recurring HOA Expenses
The $280 monthly association fee represents a fixed ongoing cost that buyers must factor into their long-term carrying costs alongside the mortgage.
About 253 Paddock Lane
2.75% VA assumable loan opportunity! Paid solar, a downstairs den, and an upstairs loft add value and versatility to this 3-bedroom, 2.5-bath home in Fallbrook’s Citro community. Built in 2022, the home offers approximately 1,985 square feet with an open-concept kitchen, dining, and living area designed for comfortable everyday living and entertaining. The downstairs den provides space for a home office, hobby room, or additional sitting area, while the upstairs loft offers a separate retreat for relaxing, working, or gathering. Smart home features, paid solar, and an EV charger bring added convenience and energy efficiency. Enjoy Citro’s community pool, clubhouse, parks, dog park, bocce court, and walking trails, along with convenient access to I-15 and Highway 76 for travel to Camp Pendleton and destinations throughout North County. Schedule your private tour today!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2022
- Lot Size
- 3,090 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $280.0 / Month
Neighborhood Insights
Fallbrook Unified Schools
Live Oak Elementary School
Grades K-6 • 4.2 mi
4/10
Bonsall Elementary School
Grades K-5 • 5.7 mi
8/10
Maie Ellis Elementary
Grades K-6 • 6.5 mi
5/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.8 |
| Baths | 3.0 | 3.0 |
| Square foot | 1,985 | 2,343.723 |
| Lot Size | 3,090 | 46,829.322 |
| Price | $730.0K | $932.8K |
| Price per sq ft | $368 | $433 |
| Built year | 2022 | 1992 |
| HOA | $280.0 | $198 |
| Days on market | 46 | 60 |
Pricing History
Listed for Sale
Sep 9, 2026
$730,000
Initial Listing
Sold
Feb 25, 2022
$632,500
Public Record