
Fallbrook, California 92028
This Turnkey Condominium is a Strong Value Opportunity, listed at $550,000—positioned well below the $558,254 Fair Market Value by 1.48%. This valuation gap offers $8,254 in Instant Equity. Featuring a Condition Rating of 3, the home includes a Granite Kitchen, 20-foot vaulted ceilings, and scenic vineyard views. Located near the Monserate Winery with easy freeway access, this property provides a secluded lifestyle. It is an ideal acquisition for Owner-Occupants or first-time buyers seeking a move-in ready, low-maintenance residence.
Property is move-in ready.
Built in 1975 but shows evidence of significant mid-term renovations. The kitchen features granite countertops and the living areas have updated hard surface flooring and modern fixtures. Bathrooms have been refreshed with newer vanities and countertops. The property appears well-maintained and move-in ready, fitting the 5-15 year renovation criteria.
This unique condominium offers the privacy of a single-family home with no neighbors above or below, an attached two-car garage, and a secluded rural feel.
Situated just blocks from the award-winning Monserate Winery, the property provides a tranquil setting with views of vineyards and trees while maintaining quick freeway access.
The home features impressive 20-foot vaulted ceilings and dual primary suites, each with its own bathroom, creating a spacious and functional living environment.
Built in 1975, the property may require more frequent maintenance or updates to original systems compared to newer constructions in the area.
The local high school and elementary schools have average ratings (4-5), which may be a drawback for families prioritizing top-tier educational scores.
Beautiful home in rural setting just blocks from award winning Monserate Winery. No neighbors above or below, and with views of country land, trees and vineyards with a 2 car attached garage and lots of upgrades, this home is a dream come true at a price that won't break your budget. Enter past your own yard and garden space into the family room and dining rooms, with soaring 20 foot vaulted ceilings. Upgraded kitchen with granite counters has plenty of cabinet and counter space and leads to a hallway with guest bath, desk area, naturally lit laundry room and the garage. Family room has fireplace, built-in shelves and hard surface flooring. Stairway leads to bridge/overlook and 2 spacious bedrooms, each with their own bathrooms. Small community tucked away in this warm rural setting away from the hustle and bustle, but a short walk to the winery, and with quick easy access to freeways make for an easy commute. Lives like a secluded single level home.
No exterior & parking available.
Grades K-6 • 2.8 mi
Grades K-5 • 3.8 mi
Grades K-6 • 4.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.9 |
| Baths | 3.0 | 3.0 |
| Square foot | 1,677 | 1,478.714 |
| Lot Size | 27,294 | 344,694.857 |
| Price | $550.0K | $587.9K |
| Price per sq ft | $328 | $406 |
| Built year | 1975 | 2013 |
| HOA | $350.0 | $404 |
| Days on market | 33 | 86 |
Aug 7, 2026
$550,000
Initial Listing
Jan 13, 2022
$500,000
Public Record
Aug 9, 2016
$269,000
Public Record
Sep 13, 2011
$175,000
Public Record
Sep 1, 2004
$350,000
Public Record