3006 Skycrest Drive, Fallbrook, California 92028, Fallbrook, 92028 - 4 bed, 4 bath
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3006 Skycrest Drive
Fallbrook, California 92028
ACTIVE
CONDITION: EXCELLENT
4Beds
4Baths
4,854Sq Ft
57,063Lot Size
Property Price
LIST PRICE$1,450,000
EST. MARKET VALUE
$1,450,000
SUMMARY
This Expansive Single-Story Custom Home represents a Strong Value Opportunity, listed at $1,450,000—positioned well below the $1,495,000 Fair Market Value by 3%. This valuation gap offers $45,000 in Instant Equity for the buyer. Featuring an Excellent Condition Rating following a high-end renovation, the home includes a gourmet chef’s kitchen, owned solar, and panoramic mountain views. While local school ratings vary, the property’s 1.3-acre lot and turnkey status provide a rare lifestyle sanctuary. This is an ideal acquisition for Owner-Occupants or discerning buyers seeking luxury and long-term value.
Estimated Market Value
$1,450,000
Based on Realkey algorithm analyzing recent comparable sales in Fallbrook.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3006 Skycrest Drive Subject 4 bd · 4 ba · 4,854 sqft · $299 | $1,450,000* List Price | 4 | 4 | 4,854 | $299 | - |
A 2422 Gird Road Sold 5 bd · 5 ba · 3,720 sqft · $358 · 0.7 mi | $1,330,000 | 5 | 5 | 3,720 | $358 | 0.7 mi |
B 2230 Calle Dos Lomas Active 5 bd · 5 ba · 4,830 sqft · $288 · 0.9 mi | $1,390,000 List Price | 5 | 5 | 4,830 | $288 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
While built in 1998, the home has undergone a comprehensive high-end renovation within the last 5 years. The kitchen and bathrooms feature modern quartz countertops, designer tile work, and professional-grade appliances. The addition of owned solar and the mint condition of the interior finishes meet the criteria for excellent condition.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 57063, living area = 4854.
- Expansive Single-Story Custom Design
Offering nearly 4,900 square feet of living space on a single level, this custom home provides a rare combination of accessibility and grand scale, featuring an open-concept layout and a gourmet chef's kitchen.
- Panoramic Views and Acreage
Situated on a 1.3-acre lot in the rolling hills of West Fallbrook, the property boasts breathtaking mountain views and extensive outdoor space, including a large view deck and an inviting atrium.
CONSRISKS & DEFICIENCIES
- Market Stagnation
The property has been on the market for 49 days and has already undergone a price reduction, suggesting that the initial list price may have exceeded local market expectations.
- Inconsistent School Ratings
While some nearby schools perform well, several assigned elementary and intermediate schools carry lower ratings (4 out of 10), which may be a deterrent for education-focused families.
About 3006 Skycrest Drive
Nestled on approximately 1.3 acres in the rolling hills of West Fallbrook, this custom single-story home offers breathtaking panoramic views, privacy, and exceptional indoor-outdoor living. Thoughtfully designed with 4 bedrooms and 3.5 bathrooms, with an office, the open-concept floor plan is filled with natural light and showcases two fireplaces, an inviting atrium, and spacious living areas ideal for everyday living and entertaining. The gourmet chef’s kitchen features quartz countertops, a massive center island, abundant cabinetry, and generous prep space. The expansive primary suite serves as a private retreat with dual walk-in closets and a spacious en-suite bath. Step outside to the large view deck and take in the stunning surrounding hills and sunsets. Additional highlights include a large dedicated laundry room, owned solar, an owned propane tank, and expansive grounds with endless possibilities. Conveniently located just minutes from downtown Fallbrook, local wineries, shopping, dining, and easy access to I-15, this exceptional custom home offers the perfect blend of comfort, style, and peaceful country living. Additional highlights include a large dedicated laundry room, owned solar, an owned propane tank, and expansive grounds with endless possibilities. Conveniently located just minutes from downtown Fallbrook, local wineries, shopping, dining, and easy access to I-15, this exceptional custom home offers the perfect blend of comfort, style, and peaceful country living.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1998
- Lot Size
- 57,063 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 4 (4 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Fallbrook Unified Schools
Live Oak Elementary School
Grades K-6 • 2.5 mi
4/10
La Paloma Elementary School
Grades K-6 • 3.6 mi
6/10
Bonsall Elementary School
Grades K-5 • 3.9 mi
8/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.8 |
| Baths | 4.0 | 3.0 |
| Square foot | 4,854 | 2,343.723 |
| Lot Size | 57,063 | 46,829.322 |
| Price | $1.45M | $932.8K |
| Price per sq ft | $299 | $433 |
| Built year | 1998 | 1992 |
| HOA | $0 | $198 |
| Days on market | 90 | 60 |
Pricing History
Listed for Sale
Aug 21, 2026
$1,450,000
$1,495,000
-3% Price Drop
Initial Listing
Price Change
Jul 27, 2026
$1,495,000
Initial Listing
Sold
Jul 20, 2021
$1,085,000
Public Record
Sold
Aug 10, 2020
$550,000
Public Record
Sold
Aug 5, 2020
$550,000
Public Record
Sold
Jun 1, 2004
$687,500
Public Record
Sold
Apr 14, 2000
$392,000
Public Record