380 Highland Oaks Court, Fallbrook, California 92028, Fallbrook, 92028 - 5 bed, 5 bath
380 Highland Oaks Court
Fallbrook, California 92028
Property Price
SUMMARY
Analysis of 380 Highland Oaks Court, Fallbrook, California 92028 reveals a Prime Investment Opportunity with a current list price of $1,500,000—significantly undercutting the $1,715,940 Fair Market Value by 12%. This valuation gap indicates a +$215,940 Instant Equity potential for buyers. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Fallbrook Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 380 Highland Oaks Court Subject | $1,500,000* List Price | 5 | 5 | 3,848 | $446 | - |
A 114 Rancho Camino Sold | $1,350,000 | 4 | 6 | 3,450 | $391 | 0.4 mi |
B 662 Lower Springs Road Sold | $1,345,000 | 3 | 3 | 2,722 | $494 | 0.6 mi |
C 310 Highland Oaks Active | $1,550,000 List Price | 5 | 5 | 4,096 | $378 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Although built in 2004, the property has undergone extensive high-end renovations within the last 1 to 5 years. Key upgrades include new French White Oak hardwood flooring, a chef's kitchen with leathered Dolomite countertops and newer appliances, 1-year-old Karastan carpeting, and a 3-year-old smart pool system. The home is in move-in condition with modern aesthetic features like wood accent walls and updated fixtures throughout.
PROSSTRENGTHS & OPPORTUNITIES
- 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 = 49223, living area = 3848.
- Resort-Style Outdoor Living
The expansive backyard serves as a private retreat featuring a three-year-old smart pool, pickleball court, basketball hoop, and golf practice area, offering unparalleled recreational opportunities.
- Versatile Multi-Generational Layout
The floor plan includes dual ensuite bedrooms with one located on the main level, providing excellent flexibility and privacy for guests or multi-generational living arrangements.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 4.
- Mixed School District Ratings
While the elementary school is highly rated, the assigned middle and high schools have lower performance scores, which may be a drawback for families prioritizing top-tier secondary education.
- Extensive Maintenance Demands
The large 1.13-acre lot combined with numerous outdoor amenities and structures will require significant ongoing time and financial investment for proper upkeep and landscaping.
About 380 Highland Oaks Court
Located in the sought-after Morro Hills area of Fallbrook, this beautifully upgraded two-story home offers breathtaking eastern views of the Palomar Mountains and a true resort-style lifestyle.Thoughtfully designed for flexibility and privacy, the home features dual ensuite bedrooms. One conveniently located on the main level for guests or multi-generational living and another upstairs as an additional private retreat, while most bedrooms offer their own bathrooms, creating a highly functional and comfortable layout. Elegant French White Oak hardwood flooring spans the downstairs, staircase, and upstairs walkway, creating warmth and continuity throughout the main living areas. The chef’s kitchen is appointed with leathered Dolomite countertops, a custom backsplash, and newer appliances, while striking wood accent walls enhance both the family room and primary suite. Upstairs features plush 1-year-old Karastan carpet, adding comfort to the secondary bedrooms. The luxurious primary showcases an automatic fireplace and spacious his-and-hers closets. Outdoors, the expansive backyard delivers a private resort experience with a 3-year-old pool featuring a built-in automatic cover with Bluetooth capability, waterfall, jumping platform, spa, Baja shelf. Along with an in-ground basketball hoop, pickleball court, golf practice net, wood play structure, chicken coop. Mature trees and a fully fenced white farmhouse-style vinyl fence provide privacy and charm, completing this exceptional Morro Hills retreat.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2004
- Lot Size
- 49,223 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 5 (5 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Fallbrook Unified Schools
Bonsall Elementary School
Grades K-5 • 2.7 mi
Fallbrook Street Elementary School
Grades K-6 • 4.5 mi
Maie Ellis Elementary
Grades K-6 • 4.7 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 87% |
| Baths | 5.0 | 3.0 | 90% |
| Square foot | 3,848 | 2,285 | 89% |
| Lot Size | 49,223 | 27,007.1 | 59% |
| Price | $1.50M | $917.5K | 90% |
| Price per sq ft | $390 | $422 | 38% |
| Built year | 2004 | 1991 | 72% |
| HOA | $0 | $0 | 50% |
| Days on market | 3 | 178 | 5% |
Pricing History
Listed for Sale
Mar 4, 2026
$1,500,000
Initial Listing
Sold
Jul 8, 2015
$679,000
Public Record
Sold
May 4, 2011
$475,000
Public Record
Sold
Aug 24, 2004
$773,500
Public Record
Sold
Feb 4, 2003
$8,130,000
Public Record