3950 Hellers Bend, Fallbrook, California 92028, Fallbrook, 92028 - 4 bed, 3 bath
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3950 Hellers Bend
Fallbrook, California 92028
ACTIVE
CONDITION: POOR
4Beds
3Baths
2,497Sq Ft
43,560Lot Size
Property Price
LIST PRICE$850,000
EST. MARKET VALUE
$837,514
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $850,000—positioned slightly above the $837,515 Fair Market Value. While requiring significant updates due to its Condition Rating of 5, the expansive one-acre lot, private swimming pool, and solar energy system provide a solid foundation for value-add projects. The property offers substantial utility for those willing to modernize the interior spaces. This is a strategic acquisition ideal for Fix-and-Flip Investors or Owner-Occupants seeking a customizable, private retreat in Fallbrook.
Estimated Market Value
$837,514
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 |
|---|---|---|---|---|---|---|
★ 3950 Hellers Bend Subject 4 bd · 3 ba · 2,497 sqft · $335 | $850,000* List Price | 4 | 3 | 2,497 | $335 | - |
A 3844 Alta Vista Sold 4 bd · 4 ba · 3,422 sqft · $302 · 0.9 mi | $1,035,000 | 4 | 4 | 3,422 | $302 | 0.9 mi |
B 3480 Sunset Dr Pending 3 bd · 3 ba · 2,860 sqft · $323 · 0.7 mi | $925,000 List Price | 3 | 3 | 2,860 | $323 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1978, this 48-year-old home features a highly outdated kitchen and interior spaces that appear mostly original or over 30 years old. The listing description explicitly notes the property has 'plenty of potential' and requires a buyer to 'bring your vision and transform this property,' indicating it needs a significant rehab rather than minor updates.
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 = 43560, living area = 2497.
- Extensive Outdoor Amenities
The one-acre lot features a private swimming pool, a sizable pond, and RV parking with hookups, offering exceptional outdoor living and utility in a peaceful setting.
- Energy Efficiency
The property is equipped with solar panels, providing a sustainable energy source that can significantly reduce monthly utility costs for the homeowner.
CONSRISKS & DEFICIENCIES
- Significant Renovation Needed
Built in 1978 and marketed as a property for those with 'vision,' the home likely requires substantial cosmetic and structural updates to meet modern standards.
- High Maintenance Requirements
The combination of a large lot, swimming pool, pond, and septic system necessitates ongoing maintenance and potential long-term upkeep costs.
About 3950 Hellers Bend
Opportunity awaits in Fallbrook! Situated on approximately one acre, this 4 bedroom, 3 bath home offers a spacious floor plan and plenty of potential for the buyer ready to make it their own. The home features separate living and family room with a dual fireplace, dining room, and generous living spaces throughout. Step outside and enjoy your own private retreat with a swimming pool, a sizable pond, ample outdoor space, and RV parking with hookups. The property is on septic, has solar, and offers room to create, entertain, garden, bring your pets, or simply enjoy the peaceful Fallbrook setting. Bring your vision and transform this property into something truly special. A unique opportunity for a buyer looking for a property with space, privacy, and potential.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1978
- Lot Size
- 43,560 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.8 |
| Baths | 3.0 | 3.0 |
| Square foot | 2,497 | 2,343.723 |
| Lot Size | 43,560 | 46,829.322 |
| Price | $850.0K | $932.8K |
| Price per sq ft | $340 | $433 |
| Built year | 1978 | 1992 |
| HOA | $0 | $198 |
| Days on market | 29 | 60 |
Pricing History
Listed for Sale
Sep 26, 2026
$850,000
Initial Listing
Sold
Feb 15, 2017
$460,000
Public Record
Sold
Sep 22, 2006
$590,000
Public Record
Sold
Aug 22, 2006
$329,000
Public Record
Sold
Mar 31, 1998
$385,000
Public Record