3830 Lake Garden Drive, Fallbrook, California 92028, Fallbrook, 92028 - 4 bed, 4 bath
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3830 Lake Garden Drive
Fallbrook, California 92028
ACTIVE
CONDITION: EXCELLENT
4Beds
4Baths
2,900Sq Ft
98,445.602Lot Size
Property Price
LIST PRICE$1,148,747
EST. MARKET VALUE
$1,188,966
3% BelowMARKET VALUE
SUMMARY
This Turnkey Residential Estate is a Strong Value Opportunity, listed at $1,148,747—positioned well below the $1,188,967 Fair Market Value by 3%. This valuation gap offers $40,220 in Instant Equity. Featuring an Excellent Condition Rating with a new roof, HVAC, and fully paid solar, the property offers a Resort-Style Backyard with a pool, spa, and organic orchard. Located in the Bonsall Unified School District, this residence is an ideal fit for Owner-Occupants seeking luxury or Multigenerational Families requiring flexible living space.
Estimated Market Value
$1,188,966+$40,219 Equity Potential
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 |
|---|---|---|---|---|---|---|
★ 3830 Lake Garden Drive Subject 4 bd · 4 ba · 2,900 sqft · $410 | $1,148,747* List Price | 4 | 4 | 2,900 | $410 | - |
A 4408 Brodea Ln Sold 4 bd · 3 ba · 3,300 sqft · $317 · 0.9 mi | $1,046,500 | 4 | 3 | 3,300 | $317 | 0.9 mi |
B 2539 Wilt Rd. Sold 4 bd · 3 ba · 2,845 sqft · $323 · 0.7 mi | $920,000 | 4 | 3 | 2,845 | $323 | 0.7 mi |
C 3088 Skycrest Drive Sold 3 bd · 3 ba · 3,481 sqft · $361 · 0.6 mi | $1,257,160 | 3 | 3 | 3,481 | $361 | 0.6 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.
Although built in 1987, the property has undergone a comprehensive recent renovation including a remodeled kitchen with high-end ZLINE appliances and updated bathrooms. Critical systems are in mint condition with a new roof, new HVAC, new water heater, and fully paid solar, requiring no immediate maintenance.
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 = 98445, living area = 2900.
- Extensive Modern Upgrades
The property features significant recent capital improvements including a new El Presidente roof, new HVAC, new water heater, and fully paid solar, offering immediate value and long-term energy savings.
- Resort-Style Outdoor Living
Situated on nearly 2.5 acres, the estate offers a luxurious backyard with a pool, spa, organic avocado and citrus orchard, and a volleyball court, all located less than a mile from Monserate Winery.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2900, other record living area = 2637. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 2.
- Inconsistent School Ratings
While the middle and elementary schools have some higher ratings, several assigned schools in the district are rated 4 or 5, which may be a consideration for education-focused buyers.
- High Maintenance Demand
The expansive 2.26-acre lot with a producing organic orchard and resort amenities requires significant ongoing labor and expense to maintain its premium condition.
About 3830 Lake Garden Drive
Privately Situated on Nearly 2.5 Private Acres Less then 1 Mile From the Prestigious Monserate Winery, This Luxurious Upgraded 4 Bedroom,3.5 Bath Residence Offers a Resort-Style Backyard with Pool and Spa, Perfect for Entertaining, Inside Enjoy Soaring Ceilings, Abundant Natural Light, Remodeled Kitchen, and a Flexible Floor Plan with Private Bedroom and Full Bath Ideal for Guests or Multigenerational Living! The Primary Suite Features a Private Balcony with New Trex Decking Overlooking Peaceful Valley Views. Recent Upgrades include Fully Paid Solar, New El Presidente Roof, New HVAC, New Water Heater, with Public sewer, and Natural gas. Outside, enjoy a producing orchard with Organic Avocados, Citrus, Volleyball Court, and Mature Shade Trees. Peacefully Tucked on a Private Road Near Scenic Winery Trails with Lakes, This Rare Offering Blends Privacy, Luxury, and Modern Comfort.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1987
- Lot Size
- 98,445.602 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 4 (4 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Fallbrook Unified Schools
Live Oak Elementary School
Grades K-6 • 3.0 mi
4/10
Bonsall Elementary School
Grades K-5 • 4.2 mi
8/10
Maie Ellis Elementary
Grades K-6 • 5.1 mi
5/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.8 |
| Baths | 4.0 | 3.0 |
| Square foot | 2,900 | 2,343.723 |
| Lot Size | 98,445.602 | 46,829.322 |
| Price | $1.15M | $932.8K |
| Price per sq ft | $396 | $433 |
| Built year | 1987 | 1992 |
| HOA | $0 | $198 |
| Days on market | 7 | 60 |
Pricing History
Listed for Sale
Oct 18, 2026
$1,148,747
Initial Listing
Sold
Jul 29, 2005
$740,000
Public Record