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351 Sheila Lane, Fallbrook, California 92028, Fallbrook, 92028 - 3 bed, 2 bath

351 Sheila Lane, Fallbrook, California 92028 home-pic-0
ACTIVE$1,340,000
351 Sheila Lane, Fallbrook, California 92028
3Beds
2Baths
2,172Sqft
90,169.203Lot
Year Built
1989
Close
-
List price
$1.34M
Original List price
$1.35M
Price/Sqft
$617
HOA
-
Days on market
-
Sold On
-
MLS number
NDP2510539
Home ConditionFair
Features
Excellent View: Hills, Mountain(s), Panoramic, Valley
Pool
Spa
Patio
ViewHills, Mountain(s), Panoramic, Valley

About this home

Possibly Over-Priced:The estimated price is 9% below the list price. We found 3 Cons,6 Pros. Rank: price - $1.34M(85th), sqft - 2172(50th), beds - 3(49th), baths - 2(33th).

Seller to entertain offers between $1,325,000-$1,340,000. Escape to peaceful country living in this beautifully maintained ranch-style home 3 BD, 3 BA home set on 2 acres of landscaped grounds with open space and stunning panoramic views. The property features a detached ADU for privacy, sparkling in-ground pool, surrounded by mature trees, lush lawns, and thoughtfully designed landscaping that enhances both privacy and curb appeal. Inside, you’ll find a warm and inviting single-level layout and 3 extra-large bedrooms with spacious living areas, tons of storage space, natural hardwood floors, open and spacious kitchen, walk-in pantry, large windows framing scenic vistas, and modern comforts blended with timeless country charm. This home flows seamlessly to outdoor entertaining areas, perfect for gatherings or quiet evenings under the stars. With ample usable land, there’s plenty of room for gardening, animals, hobbies, or future expansion—ideal for those seeking both comfort and potential. Whether you’re looking for a serene full-time residence or a weekend retreat, this country ranch offers the perfect balance of rural tranquility and modern convenience. Amenities: Workshop with 240V, chicken coop, greenhouse, detached workshop/storage, gazebos, Private entry gate, several fruit trees, garden walking area.

Price History

Date
Event
Price
11/21/25
Price Change
$1,340,000-0.7%
11/14/25
Price Change
$1,349,800-0.0%
11/09/25
Price Change
$1,349,900-0.0%
11/04/25
Listing
$1,350,000
Condition Rating
Fair
The property, built in 1989, is well-maintained but shows significant signs of being outdated in key areas. The kitchen features older light wood cabinets and tile countertops, though some appliances like the dishwasher, range hood, and refrigerator appear to be newer stainless steel models. The bathrooms also have dated tile countertops, integrated sinks, and older cabinet styles. While functional and clean, these elements suggest the property has not undergone a major renovation in the last 15-30 years, aligning with the 'Fair' criteria for a home built over 20 years ago with functional but outdated major components.
Pros & Cons

Pros

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 = 90169, living area = 2172.
Expansive & Usable Land with Panoramic Views: The property boasts 2 acres of meticulously landscaped grounds with open space and stunning panoramic views of hills, mountains, and valleys, offering ample usable land for various activities or future expansion.
Detached ADU & Extensive Outbuildings: A detached Accessory Dwelling Unit (ADU) provides privacy and versatility for guests or potential rental income, complemented by a workshop with 240V, additional detached storage, a chicken coop, and a greenhouse.
Resort-Style Outdoor Amenities: The outdoor space features a sparkling in-ground pool, gazebos, mature trees, and lush lawns, creating an ideal setting for entertaining, relaxation, and enjoying the serene country environment.
Private & Tranquil Country Living: Offering a peaceful country lifestyle with a private entry gate, the property ensures enhanced privacy and security, appealing to those seeking a serene full-time residence or a quiet weekend retreat.
Well-Maintained Single-Level Home with Desirable Interior Features: The beautifully maintained ranch-style home features a warm, inviting single-level layout with extra-large bedrooms, spacious living areas, natural hardwood floors, an open kitchen, walk-in pantry, and large windows framing scenic vistas.

Cons

Age of Property (1989): Built in 1989, the property is 35 years old, which may imply that major systems (e.g., HVAC, plumbing, electrical) could be original or nearing the end of their lifespan, potentially requiring future updates or significant maintenance costs.
Rural Location & Commute: While offering tranquility, Fallbrook's rural setting may be a drawback for buyers prioritizing proximity to major urban amenities, employment centers, or shorter daily commutes, potentially limiting the market appeal.
High Maintenance Potential for Extensive Grounds & Amenities: The 2-acre landscaped grounds, pool, and various outbuildings require significant ongoing maintenance, time, and cost, which could be a deterrent for buyers not prepared for such commitments.

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