
Fallbrook, California 92028
This High-Potential Investment Opportunity is listed at a List Price of $1,200,000, positioned above the $1,068,422 Fair Market Value. While the property requires a capital-intensive renovation due to its Fair Condition Rating and original 1989 finishes, the expansive 1-acre lot and panoramic valley views provide a rare structural canvas. The 3,422-square-foot floor plan offers significant upside for forced appreciation through modernization. This estate is an ideal acquisition for Value-Add Investors or Owner-Occupants seeking to customize a private, high-end retreat in Fallbrook.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3844 Alta Vista Subject | $1,200,000* List Price | 4 | 4 | 3,422 | $312 | - |
A 3121 Alta Verde Sold | $990,000 | 3 | 2 | 2,230 | $444 | 0.8 mi |
B 1905 Vista Del Norte Sold | $890,000 | 3 | 2 | 2,288 | $389 | 0.4 mi |
C 3480 Sunset Dr Active | $925,000 List Price | 3 | 3 | 2,860 | $323 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
The property was built in 1989 (35 years old) and is explicitly described as being in 'original condition.' According to the criteria, homes over 30 years old with original finishes and systems require full rehab to meet modern standards, despite being well-maintained.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 43995, living area = 3422.
Positioned on a fully fenced, private acre, the estate offers commanding sunrise and valley views, providing a serene and secluded atmosphere.
The property offers a rare combination of country privacy and convenience, located just three minutes from Highway 76 for easy commuting.
The interior is in well-maintained but original condition, meaning buyers will likely need to invest in significant cosmetic and functional updates.
Given the large footprint and 'structural canvas' status, modernizing the kitchen, bathrooms, and systems to current standards will require a substantial capital outlay.
Positioned on a fully fenced, private acre in the rolling hills of Fallbrook, this single-level estate offers a commanding vantage point featuring sweeping sunrise views. Spanning 3,422 square feet of functional living space, the four-bedroom, four-bathroom residence features a rare combination of secluded country privacy and exceptional accessibility, located just three minutes from Highway 76. Inside, the home stands in well-maintained, original condition, presenting a premier structural canvas for buyers looking to customize a high-potential retreat. The expansive floor plan is anchored by formal sitting and dining rooms alongside an eat-in kitchen, offering distinct zones for everyday living and dedicated work-from-home spaces. Tall vaulted ceilings elevate the interior architecture, drawing abundant natural light throughout the main gathering spaces. The exterior grounds are designed to maximize the North County climate, centered around a secure, gated pool that directly overlooks the panoramic valley views. With its expansive footprint, secure perimeter, and clear architectural lines, this property delivers the space, peace, and layout capability required to create your definitive dream estate.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 51% |
| Baths | 4.0 | 3.0 | 77% |
| Square foot | 3,422 | 2,341 | 86% |
| Lot Size | 43,995.602 | 24,829.199 | 57% |
| Price | $1.20M | $910.0K | 75% |
| Price per sq ft | $351 | $418 | 17% |
| Built year | 1989 | 1992 | 42% |
| HOA | $0 | $0 | 50% |
| Days on market | 5 | 142 | 8% |
Jun 1, 2026
$1,200,000
Initial Listing