
Fallbrook, California 92028
This Single-Family Residence is a High-Potential Investment Opportunity, listed at $1,898,800—positioned slightly above the $1,864,263 Fair Market Value. While priced at market, the property offers a rare 2.25% assumable VA mortgage, providing a unique financial advantage. Featuring a Condition Rating of 3, this 4,616 sq. ft. estate includes a Granite Kitchen, Resort-Style Pool/Spa, and a Detached Casita. Located in the Bonsall Unified School District, this home is an ideal sanctuary for Savvy Homeowners or Long-Term Investors seeking a premium lifestyle with unmatched financing terms.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3349 Mendenaro Court Subject | $1,848,800* List Price | 5 | 6 | 4,616 | $400 | - |
A 4030 Flowerwood Lane Sold | $1,650,000 | 4 | 5 | 4,616 | $357 | 0.1 mi |
B 26 Cedar Vale Way Active | $1,790,000 List Price | 4 | 4 | 3,778 | $474 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2003, this 21-year-old estate is exceptionally well-maintained and move-in ready. While the kitchen and bathrooms feature finishes original to the build date (granite counters and dark wood cabinetry), they are high-end and in functional condition. The property shows no signs of deferred maintenance, featuring premium appliances and a resort-style exterior that remains in great shape.
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 offers a rare 2.25% assumable VA mortgage, providing a significant financial advantage and substantial monthly savings that are nearly impossible to replicate in the current interest rate environment.
This expansive single-story residence features over 4,600 square feet of living space, including a detached guest casita and a Mediterranean courtyard, situated on a prime golf course lot with no HOA fees.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 4.
The solar panels are leased rather than owned, which creates a recurring monthly obligation for the buyer and may involve a more complex transfer process during escrow.
The primary financial draw of the 2.25% rate is limited to buyers who can qualify for a VA loan assumption, which may narrow the pool of eligible candidates and extend the closing timeline.
Save thousands per month with a rare assumable loan opportunity featuring a 2.25% interest rate for qualified buyers! 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. 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 a 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 |
|---|---|---|
| Beds | 5.0 | 4.0 |
| Baths | 6.0 | 3.0 |
| Square foot | 4,616 | 2,169 |
| Lot Size | 30,056 | 47,480.4 |
| Price | $1.85M | $917.5K |
| Price per sq ft | $401 | $426 |
| Built year | 2003 | 1991 |
| HOA | $0 | $176 |
| Days on market | 35 | 60 |
Jun 25, 2026
$1,848,800
$1,898,800
-3% Price Drop
Initial Listing
Jun 17, 2026
$1,898,800
Initial Listing
Jan 31, 2018
$1,270,000
Public Record
Oct 9, 2003
$829,000
Public Record