5027 Sleeping Indian, Fallbrook, California 92028, Fallbrook, 92028 - 3 bed, 3 bath
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Fallbrook, California 92028
This Modern Mediterranean Estate is a Strong Value Opportunity, listed at $1,100,000—positioned well below the $1,161,581 Fair Market Value by 5%. This valuation gap provides $61,581 in Instant Equity. Boasting an Excellent Condition Rating, the home features a 2024 remodeled kitchen with waterfall quartz countertops and panoramic hill views from a 1.01-acre usable lot. Served by top-rated 9/10 schools like San Onofre Elementary, this turnkey sanctuary is ideal for Owner-Occupants or growing families seeking luxury and immediate financial upside.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5027 Sleeping Indian Subject | $1,100,000* List Price | 3 | 3 | 2,414 | $481 | - |
A 662 Lower Springs Road Sold | $1,345,000 | 3 | 3 | 2,722 | $494 | 0.4 mi |
B 5012 Sleeping Indian Road Active | $1,125,000 List Price | 3 | 2 | 2,200 | $511 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Despite being built in 1989, this property has undergone extensive and high-quality renovations very recently. The kitchen was fully remodeled in 2024 with new stainless steel appliances, waterfall quartz countertops, and modern cabinetry. Both bathrooms feature contemporary designs, new vanities, fixtures, and tiling, including a luxurious freestanding tub in the master. A new HVAC system was installed in 2023. The flooring, lighting, and overall finishes throughout the home are modern and virtually new, indicating no deferred maintenance and meeting current quality standards. This aligns perfectly with the 'Excellent' criteria for properties extensively renovated within the last 5 years.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 43996, living area = 2414.
Elementary School: San Onofre Elementary School (9/10). Middle School: Mary Fay Pendleton Elementary School (9/10).
The property boasts a fully remodeled kitchen (2024) with new appliances, quartz countertops, and newly painted cabinets, alongside a new HVAC system installed in 2023, ensuring modern comfort and move-in readiness.
Despite being described as an 'estate' on a 1.01-acre lot in Southern California, the property lacks a pool or spa, which may be a desired luxury amenity for many potential buyers in this market segment.
With 3 bedrooms, the property might not meet the needs of larger families or those desiring more guest rooms or dedicated office spaces, especially given its 'estate' designation and 2414 sqft.
While extensively upgraded, the home's original construction year of 1989 means some underlying systems or components may be older, potentially requiring future maintenance or updates not covered by recent renovations.
Welcome Home to Your Modern Mediterranean/Spanish Estate with Stunning Views & Upgrades! Nestled in the highly desirable Morro Hills community, this beautifully upgraded 3-bedroom, 2.5-bath home offers the perfect blend of modern convenience and serene country living. Located near the Oceanside border, enjoy easy access to coastal amenities while embracing the peace and privacy of this 1.01-acre flat, usable lot—perfect for gardening, recreation, or future expansion. Plus, you're just minutes from beaches, hiking trails, shopping, and date nights at the famous Fallbrook wineries! Step inside this peaceful sanctuary, where a spacious formal living room with a custom wood-burning fireplace welcomes you. The formal dining room provides a great space for entertaining and seamless indoor-outdoor living. The home boasts a fully remodeled kitchen done in 2024, featuring new appliances, newly painted kitchen and bathroom cabinets, and stylish finishes throughout. The open-concept kitchen and family room also includes a large cooktop island with waterfall quartz countertops, a cozy breakfast nook, and a second wood-burning fireplace. The large master suite features a gorgeous en suite, walk-in closet, and sliding doors leading to the back patio, where you’ll be greeted by breathtaking scenery and panoramic views. Step outside and enjoy your morning coffee or evening happy hours under the expansive covered patio. The fenced backyard is perfect for relaxing or entertaining, surrounded by orange, apple, lemon, and fig trees, creating a tranquil retreat. Also surround sound and audio for outdoor and living room music. Additional features include an indoor laundry room off the garage with gas washer and dryer hookups and a bonus deep sink, new HVAC added in 2023, plus a semi-circle driveway and three-car garage for ample parking and storage. Don’t miss this opportunity to own a serene and move-in-ready estate with incredible views, modern upgrades, and space to grow in one of Fallbrook’s most sought-after communities!
No exterior & parking available.
Grades K-5 • 2.8 mi
Grades K-6 • 5.2 mi
Grades K-6 • 5.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,414 | 2,414 | 50% |
| Lot Size | 43,996 | 32,234.5 | 53% |
| Price | $1.10M | $932.5K | 68% |
| Price per sq ft | $456 | $417 | 71% |
| Built year | 1989 | 1991 | 44% |
| HOA | $0 | $0 | 50% |
| Days on market | 0 | 181 | 8% |
Feb 1, 2026
$1,100,000
Initial Listing
Oct 28, 2021
$900,000
Public Record
May 7, 2019
$625,000
Public Record