5148 Minneola Drive, Fallbrook, California 92028, Fallbrook, 92028 - 5 bed, 5 bath
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5148 Minneola Drive
Fallbrook, California 92028
ACTIVE
CONDITION: GOOD
5Beds
5Baths
4,357Sq Ft
109,771Lot Size
Property Price
LIST PRICE$1,985,000
EST. MARKET VALUE
$1,979,995
SUMMARY
This Private Estate is a Strong Value Opportunity, listed at $1,985,000—positioned slightly above the $1,979,996 Fair Market Value. While priced at market, the property offers significant lifestyle utility with a Condition Rating of 3, featuring a Detached Guest House/ADU, Panoramic Views, and an Amazing Outdoor Kitchen. The expansive 2.5-acre lot provides rare flexibility for RV storage or sports courts. With proximity to top-rated Bonsall Elementary, this residence is an ideal acquisition for Multi-Generational Families or Luxury Owner-Occupants seeking a secure, move-in ready sanctuary.
Estimated Market Value
$1,979,995
Based on Realkey algorithm analyzing recent comparable sales in Fallbrook.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5148 Minneola Drive Subject | $1,985,000* List Price | 5 | 5 | 4,357 | $454 | - |
A 4938 San Jacinto Circle E Sold | $2,425,000 | 5 | 6 | 5,122 | $473 | 0.6 mi |
B 4712 Briana Court Sold | $1,682,700 | 4 | 4 | 4,373 | $385 | 0.7 mi |
C 8 Country Glen Rd Active | $2,499,000 List Price | 5 | 4 | 4,754 | $526 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Built in 2006, the property is exactly 20 years old and appears very well-maintained. The bathrooms feature functional but era-specific tile countertops and white cabinetry, and the living areas show clean hardwood and tile flooring. With move-in ready interiors, solar panels, and a manicured exterior including a guest house and pool, it fits the criteria for a functional, well-maintained home of its age.
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 = 109771, living area = 4357.
- Detached Guest House/ADU
The property includes a detached 1-bedroom guest house, offering significant value for multi-generational living, a private home office, or potential rental income streams.
- Expansive Outdoor Amenities
Situated on over 2.5 acres, the estate features a high-end outdoor kitchen and a rare flat pad suitable for a sports court or large-scale RV storage.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 4357, other record living area = 4169. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 6.
- Marketing Transparency
The reliance on photoshopped and virtually staged images may lead to a discrepancy between the property's online presentation and its actual physical condition during showings.
- Inconsistent School Ratings
While the elementary school is highly rated (8/10), the assigned middle and high schools carry lower ratings (4-5/10), which may be a deterrent for families with older children.
About 5148 Minneola Drive
Gated Beauty. Hill Ranch sq. footage and bed/bath count included detached 1 BR. Guest House/ADU. Amazing outdoor kitchen. Flat pad for sports court or RV storage. View and many, many more amenities. Don't let this private estate get away. Some Photos have been photo-shopped and virtually staged for your enjoyment. Public records show the main house at 4,169 sq. ft.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2006
- Lot Size
- 109,771 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 5 (5 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Fallbrook Unified Schools
Bonsall Elementary School
Grades K-5 • 1.8 mi
8/10
Fallbrook Street Elementary School
Grades K-6 • 5.5 mi
4/10
Maie Ellis Elementary
Grades K-6 • 5.7 mi
5/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 3.7 |
| Baths | 5.0 | 3.0 |
| Square foot | 4,357 | 2,314.399 |
| Lot Size | 109,771 | 47,267.225 |
| Price | $1.99M | $919.6K |
| Price per sq ft | $456 | $428 |
| Built year | 2006 | 1992 |
| HOA | $0 | $195 |
| Days on market | 37 | 59 |
Pricing History
Listed for Sale
Aug 3, 2026
$1,985,000
Initial Listing
Sold
Jul 16, 2013
$880,000
Public Record
Sold
May 1, 2006
$992,000
Public Record