35161 Rangpur Ln, Fallbrook, California 92028, Fallbrook, 92028 - 3 bed, 3 bath
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35161 Rangpur Ln
Fallbrook, California 92028
ACTIVE
CONDITION: EXCELLENT
3Beds
3Baths
1,283Sq Ft
0Lot Size
Property Price
LIST PRICE$560,000
EST. MARKET VALUE
$541,857
3% AboveMARKET VALUE
SUMMARY
This Modern Condominium is a Strong Value Opportunity, listed at $560,000—positioned slightly above the $541,858 Fair Market Value. While the price reflects a premium, the property maintains a Mint Condition Rating (2023 build) and features Owned Solar, significantly reducing long-term carrying costs. With an open-concept layout, distant mountain views, and access to community amenities like a pool, this home offers a turnkey lifestyle. Currently leased through March, it serves as a stable asset for Buy-and-Hold Investors or a future residence for Owner-Occupants seeking modern, energy-efficient living.
Estimated Market Value
$541,857
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 |
|---|---|---|---|---|---|---|
★ 35161 Rangpur Ln Subject 3 bd · 3 ba · 1,283 sqft · $422 | $560,000* List Price | 3 | 3 | 1,283 | $422 | - |
A 303 Citrine Trails Sold 4 bd · 3 ba · 1,480 sqft · $426 · 0.1 mi | $630,000 | 4 | 3 | 1,480 | $426 | 0.1 mi |
B 35103 Vine Place Sold 4 bd · 3 ba · 1,471 sqft · $394 · 0.1 mi | $579,000 | 4 | 3 | 1,471 | $394 | 0.1 mi |
C 212 Perennial Pl Sold 3 bd · 3 ba · 1,646 sqft · $388 · 0.1 mi | $639,000 | 3 | 3 | 1,646 | $388 | 0.1 mi |
D 35246 Blossom Sold 3 bd · 3 ba · 1,646 sqft · $380 · 0.1 mi | $625,000 | 3 | 3 | 1,646 | $380 | 0.1 mi |
E 35103 Vintage Cove Sold 4 bd · 3 ba · 1,668 sqft · $424 · 0.1 mi | $707,000 | 4 | 3 | 1,668 | $424 | 0.1 mi |
F 35177 Rangpur Lane Sold 3 bd · 3 ba · 1,185 sqft · $435 | $515,000 | 3 | 3 | 1,185 | $435 | - |
G 35164 Grove Trail Sold 4 bd · 3 ba · 1,471 sqft · $438 | $645,000 | 4 | 3 | 1,471 | $438 | - |
H 323 Satsuma Trail Sold 2 bd · 3 ba · 1,185 sqft · $426 | $505,000 | 2 | 3 | 1,185 | $426 | - |
I 35104 Crop Place Active 4 bd · 3 ba · 1,471 sqft · $425 · 0.1 mi | $625,000 List Price | 4 | 3 | 1,471 | $425 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Built in 2023, this property is less than 10 years old and in mint condition. It features a modern kitchen with stainless steel appliances, contemporary flooring, and updated systems including owned solar.
PROSSTRENGTHS & OPPORTUNITIES
- Modern Energy Efficiency
Built in 2023, this property includes owned solar panels, providing significant energy savings and long-term value for the homeowner.
- Turnkey Condition
The home shows like new with high ceilings, an open-concept layout, and modern appliances, offering a move-in-ready experience without the need for upgrades.
- Immediate Investment Potential
With tenants already in place through March, the property serves as an excellent opportunity for investors to secure immediate rental income upon closing.
CONSRISKS & DEFICIENCIES
- Occupancy Restrictions
The existing lease agreement prevents immediate owner-occupancy, which may deter buyers who need to relocate before the lease expires in March.
- High Carrying Costs
The $450 monthly association fee represents a significant recurring expense that impacts the overall affordability and monthly budget for the property.
About 35161 Rangpur Ln
Meticulously cared for and showing like new, this three-bedroom condominium blends modern style with everyday comfort. The open-concept living area flows seamlessly into a beautifully appointed kitchen featuring gorgeous appliances. Expansive windows and high ceilings create a bright, airy atmosphere. All three bedrooms are upstairs, along with a conveniently located laundry room. Owned solar adds energy efficiency and helps offset electricity costs.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 2023
- Lot Size
- -
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $450.0 / Month
Neighborhood Insights
Fallbrook Unified Schools
Live Oak Elementary School
Grades K-6 • 4.1 mi
4/10
Bonsall Elementary School
Grades K-5 • 5.9 mi
8/10
Maie Ellis Elementary
Grades K-6 • 6.4 mi
5/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 2.9 |
| Baths | 3.0 | 3.0 |
| Square foot | 1,283 | 1,453.5 |
| Lot Size | - | 344,694.857 |
| Price | $560.0K | $606.7K |
| Price per sq ft | $436 | $413 |
| Built year | 2023 | 2015 |
| HOA | $450.0 | $423 |
| Days on market | 25 | 96 |
Pricing History
Listed for Sale
Sep 30, 2026
$560,000
Initial Listing
Sold
Dec 22, 2023
$497,000
Public Record