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503 Potter Street, Fallbrook, California 92028, Fallbrook, 92028 - 4 bed, 3 bath

503 Potter Street, Fallbrook, California 92028 home-pic-0
ACTIVE$719,350
503 Potter Street, Fallbrook, California 92028
4Beds
3Baths
1,641Sqft
7,317Lot
Year Built
1960
Close
-
List price
$719K
Original List price
$741K
Price/Sqft
$438
HOA
-
Days on market
-
Sold On
-
MLS number
NDP2509396
Home ConditionExcellent
Features
View

About this home

We found 3 Cons,5 Pros. Rank: price - $719.4K(21th), sqft - 1641(21th), beds - 4(50th), baths - 3(50th).

MAGNIFICENT 4 bedroom, 3 bathroom (2 primary suites) REMODELED estate home. Special low interest financing (approx 3.4% first yr) is possible on this home. Peaceful Paradise awaits you, Oh my, you need to see this beautiful family property with so much area to customize for you. You’ll never want to leave home again. Large 4 bedroom, 3 bath home - all recently redone with great designer touches. This home is an Entertainers delight!! Check out the fabulous kitchen (New white shaker cabinets with soft-close doors/drawers, Quartz counters, stainless steel appliances, recessed LED lighting, etc. all flowing into family room (designed open floor plan). Full Bathrooms are all SPECTACULAR (you have to see). Entire home is light & bright with new dual pane windows and sliding doors. Great interior finishes include barn doors, custom tile work, modern lighting and ceiling fans, new flooring, HVAC, etc. Separate super-sized laundry room. Close to town and a BRAND NEW park. The house sits back from the street to keep it nice and quiet. Can park many, many cars on lot. So many possibilities to customize it for your own family. Shows like a model home! So private, so peaceful. TOTALLY MOVE-IN READY. You gotta see your new home!!

Nearby schools

6/10
La Paloma Elementary School
Public,•K-6•0.4mi
5/10
Maie Ellis Elementary
Public,•K-6•0.6mi
4/10
James E. Potter Intermediate School
Public,•7-8•1.4mi
5/10
Fallbrook High School
Public,•9-12•2.0mi

Price History

Date
Event
Price
11/05/25
Price Change
$719,350-0.8%
10/27/25
Price Change
$725,200
09/26/25
Listing
$741,000
Condition Rating
Excellent
Despite being built in 1960, this property has undergone an extensive and recent renovation, as explicitly stated in the description and confirmed by the images. The kitchen features brand new white shaker cabinets, modern gold hardware, pristine white quartz countertops, new stainless steel appliances, and recessed LED lighting. The flooring throughout is new LVP, and the home boasts new dual-pane windows, modern light fixtures, ceiling fans, and a new HVAC system (mini-split visible). The bathrooms are described as 'SPECTACULAR' with 'custom tile work.' The property is presented as 'TOTALLY MOVE-IN READY' and 'Shows like a model home,' indicating all visible components are new or virtually new, meeting current quality standards with no deferred maintenance.
Pros & Cons

Pros

Extensive Modern Remodel: The property has undergone a comprehensive and recent remodel, featuring new white shaker cabinets, Quartz counters, stainless steel appliances, dual-pane windows, new flooring, HVAC, and designer touches throughout, making it 'TOTALLY MOVE-IN READY' and 'Shows like a model home!'
Flexible Layout with Dual Primary Suites: Boasting 4 bedrooms and 3 bathrooms, including two primary suites, the home offers a versatile layout suitable for various family configurations or guest accommodations, complemented by an open-plan living area ideal for entertaining.
Desirable Location & Privacy: Situated close to town and a brand new park, the home benefits from a quiet and private setting, set back from the street, offering a peaceful living environment.
Special Financing Opportunity: The availability of special low-interest financing (approximately 3.4% for the first year) presents a significant financial incentive, potentially lowering initial mortgage costs for eligible buyers.
Ample Parking & Customization Potential: The large lot provides space for parking 'many, many cars' and offers significant potential for buyers to customize and further develop the outdoor areas to suit their specific needs and preferences.

Cons

Older Construction Base: Despite extensive remodels, the home's original construction year of 1960 suggests that some underlying infrastructure (e.g., plumbing, electrical beyond HVAC) may still be original or require further inspection, which could be a concern for some buyers.
Modest Lot Size for 'Estate' Description: While described as an 'estate home' with 'so much area to customize,' the 7,317 sqft lot size might be considered modest for an estate, potentially limiting the scope for grand outdoor additions or extensive landscaping for some buyers' expectations.
Recent Price Reductions: The property has undergone multiple price reductions from its original listing, which could indicate initial overpricing or market resistance, potentially raising questions for prospective buyers regarding its true market value.

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