
Fallbrook, California 92028
This Spacious Single Family Residence is a Strong Value Opportunity, listed at $1,200,000—positioned slightly above the $1,140,331 Fair Market Value. While priced at market, the property offers significant utility through its 4-bedroom, 3-bath layout and 35,719 sqft lot. Featuring a Condition Rating of 3, the home includes a private-entry suite for rental income, a mature fruiting orchard, and expansive views. This turnkey asset is ideal for Owner-Occupants seeking multi-generational living or Investors looking for a high-utility, well-maintained property in the Fallbrook Union district.
Property is move-in ready.
Built in 1991, the home is over 30 years old but is described as a 'turnkey gem' and 'extremely well built.' With modern additions like solar panels, instant hot water systems, and meticulous landscaping, it appears well-maintained and move-in ready, elevating it above the 'fair' or 'poor' age-based categories.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 35719, living area = 2618.
The fourth bedroom features a private entrance and ensuite bath, providing an excellent opportunity for immediate rental income or a private multi-generational living arrangement.
The nearly one-acre lot includes a mature fruiting orchard and pre-plumbed utilities for an outdoor kitchen and spa, offering a premium 'farm-to-table' lifestyle.
The property is subject to two active solar leases totaling approximately $200 per month, which requires the buyer to assume the contracts or negotiate a buyout during the purchase.
Built in 1991, the home may require capital improvements or aesthetic updates to its original systems and finishes to align with contemporary luxury standards at this price point.
Enjoy peaceful country living while being just minutes away from downtown, shopping, restaurants, and everyday conveniences. This beautiful spacious 4 bedroom 3 bath 2618 sqft home delivers! Great opportunity with VA Assumable loan at 2.75% as well! Huge master bedroom with his and hers walk in closets, garden window, and plenty of room for even the largest bedroom set. Enjoy a the sizeable master bath boasting a huge soaking tub as well as a walk in shower, and huge dual sink vanity, and instant hot water to all fixtures. You will appreciate the numerous amenities that you rarely see at this price point. All bedrooms are very large with tons of closet space. Honestly, this house comes a ridiculous amount of storage with plenty of built in cabinetry and closet space throughout including in the garage. You really feel the open floor plan with cathedral ceilings, French doors, and windows everywhere giving you that feeling of the being one with the outdoors while inside. It has covered porches in the front as well as the back with sidewalks encompassing the entire house, mature landscaping on drip irrigation and timers making for true enjoyment easy maintenance. The fruiting orchard supplies you with figs, apples, mandarin oranges, lemons, limes, and avocados throughout the year. This extremely well built house also provides instant rental possibilities as the the 4th bedroom has a private entrance and attached bathroom! The oversized 3 car garage can truly handle 3 cars while still having space for a workshop. There are currently two active Solar Leases totaling approximately $200/month with a neutral true up annually that can either be transferred or bought out very reasonably. The back patio has natural gas and electrical plumbed already for outdoor kitchen and spa as well. Come see this turnkey gem!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 51% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,618 | 2,299 | 63% |
| Lot Size | 35,719.199 | 25,265 | 53% |
| Price | $1.20M | $929.0K | 75% |
| Price per sq ft | $458 | $423 | 68% |
| Built year | 1991 | 1991 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 22 | 141 | 8% |
May 23, 2026
$1,200,000
Initial Listing
Mar 25, 2013
$425,000
Public Record