
Fallbrook, California 92028
This Turnkey Luxury Estate is listed at $1,649,000, reflecting a premium over the $1,426,741 Fair Market Value. While priced above current estimates, the property offers an Excellent Condition Rating following a high-end renovation, featuring a modern chef's kitchen, solar panels, and a resort-style backyard with a pool and spa. Situated in the heart of Fallbrook’s wine country, this home provides a sophisticated lifestyle for Luxury Homebuyers or Short-Term Rental Investors seeking a fully-equipped, income-generating asset in a premier location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3550 Laketree Drive Subject 4 bd · 4 ba · 3,575 sqft · $374 | $1,349,999* List Price | 4 | 4 | 3,575 | $374 | - |
A 2422 Gird Road Sold 5 bd · 5 ba · 3,720 sqft · $358 · 0.6 mi | $1,330,000 | 5 | 5 | 3,720 | $358 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1997, the property has undergone a high-end renovation within the last 5 years. It features a modern chef's kitchen with shaker cabinets and stone countertops, updated wood-look flooring, contemporary lighting fixtures, and solar panels. The interior and exterior are in mint condition, making it a turnkey luxury estate.
Situated in the heart of Fallbrook's wine country near Monserate Winery, this estate offers a prestigious lifestyle with easy access to local vineyards and scenic hillside views.
The property features a luxurious backyard oasis complete with a sparkling pool, spa, and expansive patios, perfect for high-end entertaining and enjoying the Southern California climate.
Currently operating as a successful active Airbnb, this property provides a turnkey opportunity for investors seeking short-term rental income or buyers looking for a fully-equipped luxury residence.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =13068, other record lot size in square feet = 12875.
Local school ratings vary significantly, with several elementary and high schools in the district scoring between 4 and 5, which may concern education-focused families.
The current list price reflects a significant increase from its 2023 sale price of $1.195M, potentially challenging appraisal values or buyer expectations regarding recent market growth.
NEW PRICE IMPROVEMENT! An exceptional opportunity to experience luxury living in the heart of Fallbrook wine country! Just moments from Monserate Winery, this beautifully appointed estate offers an incredible blend of elegance, comfort, and versatility. Currently operating as a short-term rental, the property offers exciting possibilities for those seeking a primary residence, second home, or potential income-producing investment. From the moment you enter, soaring ceilings, abundant natural light, and thoughtfully designed living spaces create an inviting atmosphere. The spacious chef's kitchen opens seamlessly to the main living areas, providing an ideal setting for entertaining and everyday enjoyment. Multiple gathering spaces offer flexibility, while the private primary suite features a spa-inspired bathroom and generous closet space. Step outside and discover your own resort-style setting, complete with a sparkling pool, spa, expansive patios, mature landscaping, and picturesque hillside views. Whether enjoying a peaceful morning coffee, hosting an afternoon gathering, or unwinding beneath the evening sky, the outdoor living spaces capture the essence of Southern California indoor-outdoor living. Ideally situated near Fallbrook's renowned wineries, golf courses, scenic hiking trails, local dining, and convenient access to Interstate 15, this estate offers an appealing balance of privacy and accessibility. With its recently improved price, resort-inspired amenities, and desirable wine country location, this Fallbrook estate presents an exciting opportunity to enjoy luxury living with exceptional versatility.** Discover the possibilities and experience all this remarkable property has to offer!
No exterior & parking available.
Grades K-6 • 2.6 mi
Grades K-5 • 4.3 mi
Grades K-6 • 4.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.8 |
| Baths | 4.0 | 3.0 |
| Square foot | 3,575 | 2,343.723 |
| Lot Size | 13,068 | 46,829.322 |
| Price | $1.35M | $932.8K |
| Price per sq ft | $378 | $433 |
| Built year | 1997 | 1992 |
| HOA | $0 | $198 |
| Days on market | 99 | 60 |
Oct 19, 2026
$1,349,999
$1,449,999
-7% Price Drop
Initial Listing
Sep 3, 2026
$1,449,999
$1,649,000
-12% Price Drop
Initial Listing
Jul 18, 2026
$1,649,000
Initial Listing
Apr 28, 2023
$1,195,000
Public Record
Aug 31, 2020
$795,000
Public Record
Mar 29, 2013
$472,000
Public Record