
Fallbrook, California 92028
This Single-Family Residence represents a High-Potential Investment Opportunity, listed at a List Price of $825,000—positioned well below the $854,430 Fair Market Value by 3%. This valuation gap offers $29,430 in Instant Equity. Featuring a Condition Rating of 4, the home offers a solid foundation with recent system upgrades, while the 1.1-acre lot with 50+ fruit trees provides significant agricultural upside. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a private, value-add lifestyle property.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 514 S Live Oak Park Subject 3 bd · 2 ba · 2,406 sqft · $355 | $825,000* List Price | 3 | 2 | 2,406 | $355 | - |
A 130 Orvil Way Sold 3 bd · 2 ba · 2,374 sqft · $394 · 0.7 mi | $935,000 | 3 | 2 | 2,374 | $394 | 0.7 mi |
B 2550 Reche Road Sold 4 bd · 2 ba · 1,839 sqft · $405 · 1.0 mi | $745,000 | 4 | 2 | 1,839 | $405 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1974, the property shows signs of incremental maintenance rather than a comprehensive modern renovation. While the kitchen features updated stainless steel appliances and refinished hardwood floors, the cabinetry and bathroom (yellow tile/vanity) are significantly dated (>20 years). The home is functional and well-kept, but requires cosmetic updates to meet modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 47916, living area = 2406.
The property features a generous 1.1-acre lot adorned with mature oak trees and over 50 fruit trees, providing a rare level of privacy and agricultural potential in a serene setting.
Offering 2,406 sq. ft. of single-story living, the home has been thoughtfully improved with refinished hardwood flooring, remodeled bathrooms, and updated electrical and plumbing systems.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2406, other record living area = 1910.
Built in 1974, the home may require further modernization or face typical maintenance issues associated with a 50-year-old structure despite recent improvements.
The extensive gardens and 50+ fruit trees require significant ongoing labor and irrigation costs to maintain the property's lush appeal.
Discover the charm of this unique Fallbrook property, offering 3 bedrooms, 2 bathrooms, and approximately 2,406 sq. ft. of single-level living on a private 1.1-acre lot. Surrounded by mature oak trees, over 50 fruit trees, and established gardens, this property offers a peaceful setting with plenty of usable outdoor space and room to make it your own. The home features a variety of improvements made over the years, including refinished hardwood flooring, kitchen enhancements, remodeled living spaces, and bathroom improvements. Enjoy the spacious front terrace, wide wraparound covered walkways, and redwood deck, offering inviting spaces to relax and enjoy the property’s surroundings. An additional enclosed room beneath the primary bedroom provides potential for convenient storage or other uses. Additional features include an attached covered two-car garage, multiple entry points, and ample parking for guests. The property has also benefited from work to the roof, exterior, plumbing, and electrical systems over the years. Conveniently located approximately 2.2 miles from Interstate 15, this distinctive Fallbrook property offers space, privacy, and a variety of possibilities.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.8 |
| Baths | 2.0 | 3.0 |
| Square foot | 2,406 | 2,343.723 |
| Lot Size | 47,916 | 46,829.322 |
| Price | $825.0K | $932.8K |
| Price per sq ft | $343 | $433 |
| Built year | 1974 | 1992 |
| HOA | $0 | $198 |
| Days on market | 6 | 60 |
Oct 19, 2026
$825,000
Initial Listing
Sep 9, 2011
$342,000
Public Record
Jun 8, 2007
$470,000
Public Record
Feb 24, 1999
$245,000
Public Record