
Fallbrook, California 92028
Analysis of 2923 Nuestra, Fallbrook, California 92028 is currently available with a list price of $1,650,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. 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 moderate renovation needed.
Built in 1982, the home is over 40 years old and exhibits a mix of conditions. While one bathroom has been modernized with stone counters and new tile, the kitchen and other bathrooms remain highly dated with 1980s-style oak cabinetry, green tile countertops, and older gold-framed fixtures. The property appears well-maintained but requires significant cosmetic updates to the primary living areas.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 155074, living area = 5973.
The nearly 6,000 sqft estate features unique European-inspired design elements, including a coffered tin ceiling, custom stained glass by local artists, and high-end built-ins throughout.
Situated on over 3.5 acres in the desirable Gird Valley, the property offers exceptional privacy with mature oak trees, a swimming pool, and a separate three-car garage with its own driveway.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 6.
Built in 1982, many of the custom finishes and mechanical systems may require significant updates to meet the aesthetic and efficiency standards of contemporary luxury buyers.
Despite the hillside location and significant acreage, the property is noted as having only peek-a-boo views, which may be a drawback for buyers seeking the panoramic vistas common in Fallbrook.
Home awaits you up the tree-lined driveway leading to your sprawling, two story custom estate, your forever home. The upstairs begins with the European kitchen exhibiting a coffered tin ceiling, Dutch door, imported tiles, etched glass cabinets, pantry closet, built-in seating for those family discussions, amenities such as sub-zero refrigerator, double oven and a stainless steel cooktop. The exterior balcony begins just outside and wraps around the formal dining room that boasts French doors(cut glass), ornate trimwork and antique chandelier. The nearby family room can't be missed with an oversized brick fireplace, elaborate wet bar and business area. Venturing through the adjoining archway, the gallery(Living room) has a high beamed ceiling with generous wallspace for your favorite artwork. The library or bedroom shows lots of built-in bookcases, double closets, hardwood floor, its own balcony and custom glass round window by local Fallbrook artist: Buck Stain. The primary bedroom shows bookcases, Juliet balcony, hardwood floors, walk-in closet, separate tub and shower stall, and a tiled niche for possible pot belly stove. Downstairs features an entertainment/gaming room with a kitchenette, bathroom--all facing the pool. Other notables includes two downstairs bedrooms, bathroom, upgraded laundry room with sink, mirrored workout room with bathroom/shower, storage closet and separate domestic quarters that can be accessed from the outside. Privacy abounds on three-and-half acres with mature oaks, but is only a short drive to charming downtown Fallbrook or 15 freeway, Oceanside is about twenty-five minutes away, and Monserate Winery is within a healthy walking distance. And lets not forget the separate three car garage with its own driveway, Gird Valley location, and generous sloped hillside in back of the estate.
No exterior & parking available.
Grades K-6 • 1.8 mi
Grades K-6 • 3.0 mi
Grades K-6 • 4.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 5.0 | 3.0 |
| Square foot | 5,973 | 2,169 |
| Lot Size | 155,074 | 47,480.4 |
| Price | $1.65M | $917.5K |
| Price per sq ft | $276 | $426 |
| Built year | 1982 | 1991 |
| HOA | $0 | $176 |
| Days on market | 16 | 60 |
Jul 6, 2026
$1,650,000
Initial Listing
Mar 17, 1997
$460,000
Public Record