2829 Golfview Drive, Fallbrook, California 92028, Fallbrook, 92028 - 4 bed, 3 bath
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Fallbrook, California 92028
This property presents a High-Potential Investment Opportunity with a List Price of $899,000—positioned well below the $910,188 Fair Market Value by 1%. This valuation gap offers $11,188 in Instant Equity for buyers ready to complete the ongoing renovation. Featuring unobstructed vineyard and mountain views and an active JADU conversion, the home offers significant income potential. With a Condition Rating of 5, this project is ideal for Fix-and-Flip Investors or Contractors seeking a value-add asset in a prime Fallbrook location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2829 Golfview Drive Subject | $899,000* List Price | 4 | 3 | 2,205 | $413 | - |
A 2837 Carlton Way Pending | $778,747 List Price | 3 | 2 | 2,169 | $359 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1965, the property is currently unlivable and in the middle of a major renovation. With demo complete and framing/rough systems in progress, it lacks functional kitchens, bathrooms, or finished electrical/HVAC, requiring a full rehab to reach habitable condition.
The property features rare, unobstructed vineyard and mountain views from a quiet cul-de-sac, offering a premium setting that enhances long-term resale value.
An active JADU conversion with permits in process provides a significant opportunity for rental income or multi-generational living, a highly sought-after feature in the current market.
With permits already pulled and critical phases like demolition, framing, and rough-ins underway, the next owner saves substantial time and administrative effort on the renovation process.
The property is currently a construction site in a mid-renovation state, requiring a buyer with significant liquid capital and project management expertise to complete the build.
Due to the unfinished interior and lack of functional living spaces, the property will likely not qualify for traditional conventional financing, limiting the buyer pool to cash or hard money investors.
Incredible investor opportunity in Fallbrook! This 2,205 sq ft home sits on a peaceful cul-de-sac with unobstructed vineyard views — a rare setting you can't recreate. Renovation is already underway with permits pulled, giving the next owner a serious head start: demo complete, framing and rough plumbing/electrical in progress. A JADU conversion is also underway, adding excellent rental or multi-generational income potential — permitting is in process. Ask the listing agent for any additional details about the project! Whether you're a fix-and-flip investor or a builder looking to add value in one of North County's most desirable pockets, this is a chance to capitalize on someone else's groundwork — priced to move at $899,000. Don't miss this one!
No exterior & parking available.
Grades K-6 • 2.6 mi
Grades K-5 • 4.2 mi
Grades K-6 • 4.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 2,205 | 2,169 |
| Lot Size | 19,166.4 | 47,480.4 |
| Price | $899.0K | $917.5K |
| Price per sq ft | $408 | $426 |
| Built year | 1965 | 1991 |
| HOA | $0 | $176 |
| Days on market | 2 | 60 |
Jul 20, 2026
$899,000
Initial Listing
May 1, 2025
$775,000
Public Record