3144 Alta Verde Dr., Fallbrook, California 92028, Fallbrook, 92028 - 4 bed, 5 bath
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3144 Alta Verde Dr.
Fallbrook, California 92028
ACTIVE
CONDITION: GOOD
4Beds
5Baths
3,022Sq Ft
0Lot Size
Property Price
LIST PRICE$1,265,000
EST. MARKET VALUE
$1,295,705
SUMMARY
This Spacious Hilltop Estate represents a High-Potential Investment Opportunity, listed at $1,265,000—positioned well below the $1,295,705 Fair Market Value by 2%. This valuation gap offers $30,705 in Instant Equity. Featuring a 3,022 sq. ft. layout, a 1,000 sq. ft. storage shed, and an attached granny flat, the property offers immense utility. With a Condition Rating of 3, the home is move-in ready while providing room for modernization. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a versatile, view-oriented sanctuary.
Estimated Market Value
$1,295,705
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 |
|---|---|---|---|---|---|---|
★ 3144 Alta Verde Dr. Subject 4 bd · 5 ba · 3,022 sqft · $429 | $1,265,000* List Price | 4 | 5 | 3,022 | $429 | - |
A 1650 Winterwarm Drive Sold 4 bd · 3 ba · 3,265 sqft · $349 · 0.4 mi | $1,140,000 | 4 | 3 | 3,265 | $349 | 0.4 mi |
B 2273 Vista Valle Verde Drive Sold 3 bd · 3 ba · 3,115 sqft · $398 · 0.5 mi | $1,240,000 | 3 | 3 | 3,115 | $398 | 0.5 mi |
C 2098 Vista Valle Verde Sold 4 bd · 4 ba · 3,397 sqft · $337 · 0.4 mi | $1,145,000 | 4 | 4 | 3,397 | $337 | 0.4 mi |
D 3082 Camino Cielo Sold 4 bd · 3 ba · 2,662 sqft · $474 · 0.7 mi | $1,261,500 | 4 | 3 | 2,662 | $474 | 0.7 mi |
E 3127 Alta Vista Drive Sold 3 bd · 2 ba · 2,445 sqft · $425 · 0.1 mi | $1,040,000 | 3 | 2 | 2,445 | $425 | 0.1 mi |
F 2240 Aqua Hill Road Sold 4 bd · 3 ba · 3,034 sqft · $346 · 1.0 mi | $1,049,000 | 4 | 3 | 3,034 | $346 | 1.0 mi |
G 2794 Alta Vista Drive Sold 3 bd · 3 ba · 2,615 sqft · $493 · 0.5 mi | $1,288,000 | 3 | 3 | 2,615 | $493 | 0.5 mi |
H 1923 Vista Del Norte Sold 3 bd · 2 ba · 2,396 sqft · $483 · 0.5 mi | $1,157,050 | 3 | 2 | 2,396 | $483 | 0.5 mi |
I 1761 Winterwarm Drive Pending 5 bd · 3 ba · 2,792 sqft · $444 · 0.3 mi | $1,240,000 List Price | 5 | 3 | 2,792 | $444 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Built in 1984, the property shows evidence of significant mid-life renovations likely within the last 10-15 years, including granite countertops, stainless steel appliances, and updated bathroom vanities. While some aesthetic choices like the oak cabinetry and tile patterns are slightly dated, the home is well-maintained, functional, and move-in ready.
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 = 53143, living area = 3022.
- Expansive Lot & Scenic Views
Situated on a 1.22-acre hilltop, the property offers breathtaking mountain views and sunsets, complemented by a resort-style outdoor area with a pool and mature palm trees.
- Versatile Accessory Structures
The inclusion of a 350 sq. ft. attached granny flat and a massive 1,000 sq. ft. storage shed equipped with electricity and water provides exceptional utility for multi-generational living or professional workshop needs.
CONSRISKS & DEFICIENCIES
- Dated Construction Era
Built in 1984, the property may require significant capital investment to modernize interior finishes and mechanical systems to meet current luxury standards.
- Average School Ratings
The local public schools are rated between 4 and 6, which may be a limiting factor for families prioritizing high-performing educational districts.
About 3144 Alta Verde Dr.
Enjoy Breathtaking Mountain View and Sunsets. Beautiful 3,022 sf. home atop of 1.22 acres. 4 bedrooms and 4.5 bathrooms. Split level and high ceilings make the entrance astonishing. There is an attached granny flat adding 350 sf. At the end of lot there is a 1,000s.f. storage shed with electricity and water. One bedroom and full bathroom at entry level. Primary bedroom with walk in closet and built-ins and fireplace as well as a deck with panoramic views. great entertainer outdoor area with pool. surrounded by palm trees.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1984
- Lot Size
- -
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 5 (5 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Fallbrook Unified Schools
La Paloma Elementary School
Grades K-6 • 3.1 mi
6/10
Maie Ellis Elementary
Grades K-6 • 3.6 mi
5/10
James E. Potter Intermediate School
Grades 7-8 • 2.3 mi
4/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.8 |
| Baths | 5.0 | 3.0 |
| Square foot | 3,022 | 2,343.723 |
| Lot Size | - | 46,829.322 |
| Price | $1.26M | $932.8K |
| Price per sq ft | $419 | $433 |
| Built year | 1984 | 1992 |
| HOA | $0 | $198 |
| Days on market | 8 | 60 |
Pricing History
Listed for Sale
Oct 17, 2026
$1,265,000
Initial Listing
Sold
Aug 8, 2024
$1,180,000
Public Record
Sold
Jan 18, 2024
$860,000
Public Record
Sold
Jun 11, 2009
$421,000
Public Record