
Fallbrook, California 92028
This Spacious Custom Estate is a High-Potential Investment Opportunity, listed at $1,650,000—positioned well below the $1,681,986 Fair Market Value by 2%. This valuation gap offers $31,986 in Instant Equity. With a Condition Rating of 4, the property features a 3.5-acre lot, swimming pool, and multi-generational layout with separate domestic quarters. While the interior requires cosmetic modernization, the unique architectural details and Gird Valley location provide significant upside. This is an ideal acquisition for Value-Add Investors or Owner-Occupants seeking a private, expansive estate.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2923 Nuestra Subject | $1,592,000* List Price | 4 | 5 | 5,973 | $274 | - |
A 2323 Wilt Active | $1,325,000 List Price | 3 | 3 | 4,173 | $318 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
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.
GIRD VALLEY CUSTOM ESTATE IN THE OAKS. Drive through the oak forest to your forever home at the end of a private Gird Valley cul-de-sac. Bird songs & serenity are your neighbors and surround you in a unique Fallbrook home - views plus your own, year-round stream amid walking trails. Custom in every way, the European chef's kitchen with Dutch door, coffered tin ceiling, 2 dishwashers, etched glass cabinets, island with Maurice Herbeau copper produce sink, Sub-zero refrigerator, Gaggenau warmer, newer stainless steel cooktop & double oven, to the dining room with etched glass French doors, hardwood floor with inlaid carpet, ornate trimwork & antique chandelier, this home is must-see high-end while being family friendly with light, spacious rooms in just under 6000 sf. Reading nooks & window seating add to the cozy indoor-outdoor vibe. The family room boasts an over-sized fireplace, wainscotting, recessed lighting, built-ins plus wet bar with a copper sink. The gallery (living room), reached through the impressive archway, has a high-beamed ceiling, arched front window, generous wallspace for your favorite art & French doors leading to patios. A library-themed bedroom features built-in bookcases, double closets, hardwood floor, balcony & a custom window with an etched glass heron by Fallbrook artist Buck Stain. A full bath is next door and includes a soaking tub (and shower). The primary bedroom's Juliet balcony overlooks the pool, has hardwood floors, built-ins, walk-in closet, tiled niche for a pot belly stove, with separate spa tub & shower stall & double sinks, one with a lighted vanity. Downstairs features an entertainment/game room & kitchenette with seeded glass cabinets, facing the pool & including a bath with shower. New wood decking surround the large pool & spa, with a new filter. Two good-sized bedrooms with double closets share a double sink bath. The upgraded laundry room has open shelving & leads to a mud room. Brass hardware throughout & storage galore. In the house but with a separate entrance is a mirrored workout room with bath. An additional room is accessed from the front patio and has a built-in bed, kitchenette & full bath, perfect for guests or family. The oversized 3 car garage has its own driveway. All on 3 1/2 private acres within a healthy walking distance to Monserate Winery & Gird Valley Preserve. A short drive leads to downtown Fallbrook or the 15 fwy. Oceanside beaches are 25 minutes away. You deserve your own serene privacy.
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 | 3.7 |
| Baths | 5.0 | 3.0 |
| Square foot | 5,973 | 2,314.399 |
| Lot Size | 155,074 | 47,267.225 |
| Price | $1.59M | $919.6K |
| Price per sq ft | $267 | $428 |
| Built year | 1982 | 1992 |
| HOA | $0 | $195 |
| Days on market | 65 | 59 |
Aug 22, 2026
$1,592,000
$1,650,000
-4% Price Drop
Initial Listing
Jul 6, 2026
$1,650,000
Initial Listing
Mar 17, 1997
$460,000
Public Record