510 Hilbert Drive, Fallbrook, California 92028, Fallbrook, 92028 - 3 bed, 3 bath

510 Hilbert Drive, Fallbrook, California 92028 home-pic-0

510 Hilbert Drive

Fallbrook, California 92028

ACTIVE
CONDITION: GOOD
3Beds
3Baths
2,740Sq Ft
194,713Lot Size

Property Price

LIST PRICE$1,140,000
EST. MARKET VALUE
$1,140,000

SUMMARY

Analysis of 510 Hilbert Drive, Fallbrook, California 92028 reveals a Fairly Priced Property with a current list price of $1,140,000  aligned with the estimated $1,140,000 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. 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.

Estimated Market Value

$1,140,000
Based on Realkey algorithm analyzing recent comparable sales in Fallbrook.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
510 Hilbert Drive
Subject
$1,140,000*
List Price
332,740$416-
A
974 Via Hillview
Active
$1,149,900
List Price
432,688$4280.8 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Good
TeardownExcellent

Property is move-in ready.

Built in 1990, this property is in move-in ready condition and appears well-maintained. The kitchen has been updated with stainless steel appliances and modern countertops, and the home benefits from a paid-off solar system. While some bathroom fixtures and cabinetry reflect older styles, the overall quality, clean flooring, and functional systems align with the 'Good' category for a home of this age that has undergone partial 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 = 194713, living area = 2740.

  • Expansive Acreage & Views

    Situated on approximately 4.47 acres, the property offers breathtaking southwest-facing mountain and valley views, providing a rare sense of privacy and natural beauty.

  • Exceptional Utility & Solar

    The home features a paid-off solar system for energy efficiency, a 3-car attached garage, and a separate detached RV garage/workshop, catering perfectly to hobbyists and those with significant storage needs.

CONSRISKS & DEFICIENCIES

  • Septic & Development Constraints

    Future expansion or ADU construction is subject to septic system limitations and county guidelines, requiring careful buyer due diligence regarding placement and utility feasibility.

  • Average School Ratings

    The assigned public schools have mid-range ratings (4-6), which may be a consideration for families prioritizing high-performing educational districts.

About 510 Hilbert Drive

Custom single-story home on approx. 4.47 acres with southwest-facing mountain and valley views in Fallbrook. This home offers approx. 2,740 SF with 3 bedrooms + 2.5 baths, vaulted ceilings, and a wide-open main living area with large windows that capture natural light and views. The kitchen features a large center island, abundant cabinetry, and an oversized dining area that opens to the living room ideal for entertaining. The primary suite includes direct patio access, a spacious bath with dual sinks, soaking tub, and separate shower. Two secondary bedrooms are generously sized, and the powder room is conveniently located for guests. Enjoy outdoor living from covered patio areas, surrounded by producing fruit and macadamia trees and wide open usable land ideal for gardens, toys, or animals (buyer to verify use). Property includes PAID-OFF solar, a 3-car attached garage, plus a separate RV garage/workshop located at the base of the property. Private gated setting with room for additional parking. Located minutes from downtown Fallbrook, shopping, dining, and Hwy access - offering space, views, and privacy without sacrificing convenience. ADU Potential Property offers potential for an Accessory Dwelling Unit (ADU) of approximately 1,200 sq. ft. in the front yard area, subject to San Diego County guidelines, permits, and buyer verification. Septic tank is located on the right side near the post with an approximate 460-ft leach line. Buyers to investigate feasibility of ADU placement, utilities, and any expansion with appropriate professionals.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1990
Lot Size
194,713 Sq. Ft.

Interior

Total Bedrooms
3
Total Bathrooms
3 (3 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$0 / Month

Neighborhood Insights

Fallbrook Unified Schools

Maie Ellis Elementary

Grades K-6 • 1.1 mi

5/10

Fallbrook Street Elementary School

Grades K-6 • 1.4 mi

4/10

William H. Frazier Elementary School

Grades K-6 • 1.4 mi

6/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds3.03.0
50%
Baths3.03.0
50%
Square foot2,7402,285
65%
Lot Size194,71327,007.1
90%
Price$1.14M$917.5K
71%
Price per sq ft$416$422
48%
Built year19901991
49%
HOA$0$0
50%
Days on market148178
34%

Pricing History

Listed for Sale

Mar 5, 2026

$1,140,000

$1,145,000

+0% Price Increase

Initial Listing

Price Change

Oct 10, 2025

$1,145,000

Initial Listing

Browse Properties by State Browse housing market trends by state