
Fallbrook, California 92028
Analysis of 4248 Citrus Drive, Fallbrook, California 92028 is currently available with a list price of $3,238,747. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. 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.
Property is moderate renovation needed.
The property was built in 1993, making it 31 years old. While it is a high-end custom estate with premium features like Thermador and Sub-Zero appliances and appears meticulously maintained, the interior finishes—particularly the bathroom tiling and cabinetry—are stylistically dated to the original construction era. Per the criteria, homes over 20 years old with original or older renovations are classified as fair.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 317552, living area = 5462.
The property features an extraordinary 30x60 foot pool with a rare 'lazy river,' a covered outdoor kitchen, and a cabana, offering a world-class entertainment space.
Situated on 7.29 acres, the estate includes a graded pad for an ADU or shop and offers the unique potential for a lot split to create a multi-home family compound.
The property has been on the market for over 60 days and has already undergone a price reduction, suggesting potential challenges in matching the initial valuation with current buyer demand.
While some nearby schools perform well, several assigned elementary and high schools carry lower ratings (4-5), which may be a deterrent for families prioritizing top-tier public education.
Rarely would you have an opportunity to own such an iconic, special property! Located in the prestigious "Pointe Pacifico" area of Fallbrook, you will find this sprawling resort style estate with spectacular sunset views and a pool with its own "lazy river!" ONE level CUSTOM home with superior craftsmanship and unique features and details at every turn. Your PRIVATE retreat with 5,462 square feet of living space on 7.29 acres will offer you all the seclusion and relaxation you desire inside the dual electric entry gates with circular driveway. Inside, the thoughtful floor plan offers privacy in the primary suite wing from the other ensuite guest or secondary bedrooms. Multiple areas to relax and socialize throughout the home, as well as multiple choices for your home office. Enjoy the numerous dramatic fireplaces and wood trussed ceilings along with quality hardwood flooring. The kitchen features a Thermador range, Sub-zero refrigerator, custom cabinetry and countertops! Outside is a "world of its own!" Covered outdoor kitchen/BBQ area and multiple relaxing outdoor patios for social gatherings. The outdoors is complemented by a complete RESORT TYPE 30 x 60 FT POOL and surrounding pool area complete with a covered cabana to lounge! Firepit features a generous hardscaped seating area overlooking the pool. When you see the outdoor living on this property, it will take your breath away! Ocean Breezes, views to the ocean as well as a separate graded pad area ready for a shop, ADU or whatever your heart desires. As an added bonus, the property can have an extra lot split off from it! Can you envision a family compound? The property is also close to commuter routes, shopping, dining, beaches and minutes to downtown Fallbrook, yet truly located in a world of its own. Schedule your private tour today!
No exterior & parking available.
Grades K-6 • 2.6 mi
Grades K-6 • 4.9 mi
Grades K-5 • 5.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.7 |
| Baths | 5.0 | 3.0 |
| Square foot | 5,462 | 2,314.399 |
| Lot Size | 317,552.406 | 47,267.225 |
| Price | $3.24M | $919.6K |
| Price per sq ft | $593 | $428 |
| Built year | 1993 | 1992 |
| HOA | $0 | $195 |
| Days on market | 121 | 59 |
Jun 27, 2026
$3,238,747
$3,288,747
-2% Price Drop
Initial Listing
May 11, 2026
$3,288,747
Initial Listing
Jan 22, 2014
$926,000
Public Record