
Fallbrook, California 92028
Analysis of 2777 Kingridge Drive, Fallbrook, California 92028 is currently available with a list price of $1,100,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Fallbrook Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is new construction or fully renovated.
Built in 2021, this property is less than 5 years old and in mint condition. The interior features a modern kitchen with white shaker cabinets, stainless steel appliances, and contemporary wood-look flooring. Systems are new, and the site includes a recently poured foundation with plumbing and electrical stubs for a permitted expansion, meeting all criteria for excellent condition.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 412077, living area = 1020.
The property features a pre-poured slab with plumbing and electrical connections already in place, plus active permits for a 3,500-square-foot expansion, significantly reducing construction lead times and costs.
Situated on a massive 9.46-acre double-gated parcel at the end of a cul-de-sac, the estate offers unparalleled privacy and breathtaking panoramic views of the hills and valley.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =412077, other record lot size in square feet = 378972.
The property is currently in a transitional state with a small 1,020-square-foot existing footprint, requiring the buyer to have the capital and expertise to manage a large-scale completion project.
At a $1.1 million price point, the current 2-bedroom, 1-bath configuration offers limited immediate utility relative to the cost, making the value heavily dependent on future development.
This property presents an incredible opportunity for Builders, Investors, and First-time homebuyers alike, offering unlimited potential in an exclusive neighborhood. Situated on a double-gated 9.46-acre parcel at the end of a cul-de-sac, the property boasts breathtaking views and exceptional privacy. The existing home features a thoughtfully designed 2-bedroom, 1-bath layout, along with a detached office and half bath. New Veranda Built for additional enjoyment and peaceful moments. The foundation has already been completed, with the slab poured and plumbing and electrical connections in place. In addition, permits are in place for a substantial expansion, allowing the existing home to reach approximately 3,500 square feet. The next owner can move directly into construction and bring their vision to life. The expansive property is adorned with numerous exotic fruit trees and may offer potential for a lot split, creating the possibility of building two additional homes, subject to buyer verification and applicable approvals. Conveniently located just minutes from schools, shopping, Interstate 15, and Highway 76, this rare property combines privacy, space, development potential, and an exceptional location. A truly unique opportunity for those looking to create a one-of-a-kind estate or explore significant investment potential.
No exterior & parking available.
Grades K-6 • 2.0 mi
Grades K-6 • 3.1 mi
Grades K-6 • 4.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.7 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,020 | 2,314.399 |
| Lot Size | 412,077.594 | 47,267.225 |
| Price | $1.10M | $919.6K |
| Price per sq ft | $1.1K | $428 |
| Built year | 2021 | 1992 |
| HOA | $0 | $195 |
| Days on market | 32 | 59 |
Aug 8, 2026
$1,100,000
Initial Listing