
Fallbrook, California 92028
This Single-Story Mediterranean Estate is listed at $1,898,800—positioned well below the $1,919,968 Fair Market Value by 1%. This valuation gap offers $21,168 in Instant Equity, paired with a rare 2.25% assumable mortgage for a significant financial advantage. Boasting a Well-Maintained Condition Rating, the home features a gourmet kitchen with Sub-Zero appliances and a resort-style backyard with a pool, spa, and golf course views. Located in the Bonsall Unified District, this sanctuary includes a detached casita and owned solar. It is ideal for Luxury Home Seekers or Golf Enthusiasts.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3349 Mendenaro Court Subject | $1,898,800* List Price | 5 | 6 | 4,616 | $419 | - |
A 4030 Flowerwood Lane Pending | $1,600,000 List Price | 4 | 5 | 4,616 | $347 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2003, the property is 21 years old but remains in well-maintained, move-in ready condition. While the kitchen and bathrooms are stylistically dated (Mediterranean dark wood and granite), the high-end Sub-Zero appliances, owned solar, and pristine exterior grounds elevate it above the 'Fair' category.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 30056, living area = 4616.
The property features a rare 2.25% assumable mortgage, providing a massive financial advantage and significant monthly savings in the current high-interest rate environment.
Set on over half an acre along the golf course, the backyard includes a pool, spa, outdoor kitchen, and detached casita, offering a luxury lifestyle without the restriction of HOA fees.
While served by the Bonsall and Fallbrook districts, several assigned schools carry mid-range ratings (4-5), which may be a drawback for education-focused buyers.
Located in the quiet rolling hills of Fallbrook, the property offers serenity but may result in longer travel times for professionals commuting to central San Diego or Orange County.
Back on Market, no fault of seller. Tucked into the rolling hills of Fallbrook, within the exclusive enclave of Sycamore Ranch, lies a place where life slows down—where mornings begin with soft light spilling across stone pathways, and evenings linger under open skies. What makes this offering truly rare goes beyond the setting… an existing 2.25% assumable mortgage—an extraordinary opportunity for the right buyer to secure not only a home, but a financial advantage nearly impossible to replicate today. Set along the fairways of the Golf Club of California, this single-story estate offers space and serenity just minutes from San Diego. Spanning nearly .69 acres, the home features over 4,600 square feet of thoughtfully designed living, with 5 bedrooms and 6 baths—each space both expansive and inviting. It feels less like a home and more like a private escape. Beyond a hand-carved wood door, a Mediterranean courtyard unfolds—lined with towering Italian cypress and embraced by the home’s living spaces. Natural light pours in, creating a seamless connection throughout—designed for gathering and quiet moments alike. Inside, the home flows effortlessly. High ceilings and warm light enhance the interiors, while the beautifully appointed kitchen becomes the heart of it all: featuring granite surfaces, a large breakfast bar, eat-in nook, 6-burner range, double ovens, Sub-Zero refrigerator, and butler’s pantry. The grounds unfold into Tuscan-inspired garden vignettes—trellised walkways, stone paths, and private seating areas leading to a resort-style backyard. A pool and spa for sunlit afternoons. Two fireplaces for cool evenings. An outdoor kitchen and bar for effortless entertaining—all overlooking the fairway without the burden of an HOA. A detached casita welcomes guests with privacy and comfort for extended stays. Leased solar and a three-car garage add practicality, while the quiet setting offers both privacy and convenient access to North County San Diego, Temecula wine country, and beyond. And perhaps most compelling, this level of design, space, and lifestyle would command significantly more just miles away. Here, it simply exists… waiting to be lived. Paired with the ability to assume a 2.25% mortgage, this is more than a home; it’s a rare alignment of lifestyle and financial opportunity.
No exterior & parking available.
Grades K-5 • 2.4 mi
Grades K-6 • 4.7 mi
Grades K-6 • 5.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 90% |
| Baths | 6.0 | 3.0 | 98% |
| Square foot | 4,616 | 2,299 | 96% |
| Lot Size | 30,056 | 25,265 | 53% |
| Price | $1.90M | $929.0K | 96% |
| Price per sq ft | $411 | $422 | 44% |
| Built year | 2003 | 1991 | 64% |
| HOA | $0 | $0 | 50% |
| Days on market | 52 | 142 | 14% |
Apr 24, 2026
$1,898,800
Initial Listing
Jan 31, 2018
$1,270,000
Public Record
Oct 9, 2003
$829,000
Public Record