
Fallbrook, California 92028
This Hybrid Investment Opportunity is listed at $800,000, positioned slightly above the $776,121 Fair Market Value. While the property carries a Condition Rating of 4, it offers significant upside through its 2.35-acre lot and ADU expansion potential. Featuring a resort-style pool and spa, vaulted wood-beam ceilings, and dual-pane windows, the home provides a unique lifestyle retreat. The versatile layout, including RV pads and a detached workshop, makes this an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a private compound with income-generating potential.
Property is moderate renovation needed.
Built in 2001 (23 years old), the property exceeds the 20-year threshold for a 'Good' rating without a recent full renovation. While the home is well-maintained and features system upgrades like dual-pane windows and a full electric conversion, the kitchen and bathrooms remain dated with original tile countertops and cabinetry that typically require modern updates.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 102366, living area = 1357.
The 2.35-acre private lot features two RV pads with full hookups and a detached workshop with a bathroom, offering exceptional versatility for guests, hobbies, or storage.
Built with soaring wood-beam vaulted ceilings and eight-foot doors, the home offers a high-end, airy aesthetic that creates a seamless indoor-outdoor flow to the resort-style pool area.
The one-bedroom configuration significantly narrows the potential buyer pool, making it less suitable for families or those requiring dedicated home office spaces.
At an $800,000 price point for a single bedroom, the property may face appraisal challenges or stiff competition from larger residential offerings in the Fallbrook area.
Tucked away on 2.35 private acres near Live Oak Park in the heart of Fallbrook, this one-of-a-kind custom home offers privacy, flexibility, and a beautifully open design filled with natural light. Built in 2001, the home lives much larger than its one-bedroom layout, with soaring ceilings, oversized windows, and an airy open-concept floorplan. The stunning living room features dramatic wood-beam vaulted ceilings, a fireplace, and opens opens directly to the private pool and spa area, creating seamless indoor-outdoor living. Eight-foot doors throughout add to the home's impressive scale and architectural feel. The oversized, approximately 300 SF bedroom is a true retreat with direct access to the pool area. The home's thoughtful design maximizes openness and connection to the surrounding property, and includes dual-pane energy-efficient windows, fire sprinklers, and has been fully converted to electric, while existing capped propane lines provide flexibility for future propane restoration if desired. Outside, the property offers multiple usable areas with peaceful privacy and select view points throughout the acreage. The secluded in-ground pool and spa create a resort-style setting surrounded by nature. Fruit trees dot the landscape, while two RV pads with hookups and waste disposal offer added versatility for guests, RV enthusiasts, extended stays, or flexible use of the property. A detached shed/workshop area with an additional bathroom adds even more functionality. With ample room to add an ADU, this property offers incredible potential for expanded living, rental income Tucked away on 2.35 private acres near Live Oak Park in the heart of Fallbrook, this one-of-a-kind custom home offers privacy, flexibility, and a beautifully open design filled with natural light. Built in 2001, the home lives much larger than its one-bedroom layout, with soaring ceilings, oversized windows, and an airy open-concept floorplan. The stunning living room features dramatic wood-beam vaulted ceilings, a fireplace, and opens opens directly to the private pool and spa area, creating seamless indoor-outdoor living. Eight-foot doors throughout add to the home's impressive scale and architectural feel. The oversized, approximately 300 SF bedroom is a true retreat with direct access to the pool area. The home's thoughtful design maximizes openness and connection to the surrounding property, and includes dual-pane energy-efficient windows, fire sprinklers, and has been fully converted to electric, while existing capped propane lines provide flexibility for future propane restoration if desired. Outside, the property offers multiple usable areas with peaceful privacy and select view points throughout the acreage. The secluded in-ground pool and spa create a resort-style setting surrounded by nature. Fruit trees dot the landscape, while two RV pads with hookups and waste disposal offer added versatility for guests, RV enthusiasts, extended stays, or flexible use of the property. A detached shed/workshop area with an additional bathroom adds even more functionality. With ample room to add an ADU, this property offers incredible potential for expanded living, rental income, or a private compound setting, all just moments from the charm, dining, and conveniences of downtown Fallbrook. Whether you're looking for a private escape or a place to host friends and family, this home is the perfect blend of comfort and lifestyle.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 3.0 | 0% |
| Baths | 2.0 | 3.0 | 31% |
| Square foot | 1,357 | 2,341 | 6% |
| Lot Size | 102,366 | 25,264.801 | 79% |
| Price | $800.0K | $910.0K | 30% |
| Price per sq ft | $590 | $418 | 92% |
| Built year | 2001 | 1992 | 59% |
| HOA | $0 | $0 | 50% |
| Days on market | 4 | 142 | 8% |
Jun 2, 2026
$800,000
Initial Listing
Aug 5, 2022
$640,000
Public Record