540 Teran Drive, Fallbrook, California 92028, Fallbrook, 92028 - 3 bed, 2 bath
540 Teran Drive
Fallbrook, California 92028
Property Price
SUMMARY
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 540 Teran Drive Subject | $775,000* List Price | 3 | 2 | 1,511 | $492 | - |
A 251 Royal Glen Drive Sold | $720,000 | 3 | 3 | 1,623 | $444 | 0.9 mi |
B 728 Hackberry Place Sold | $745,000 | 3 | 2 | 1,448 | $515 | 0.8 mi |
C 435 W Hawthorne Street Sold | $770,000 | 3 | 2 | 1,674 | $460 | 0.5 mi |
D 212 S Wisconsin St Sold | $699,000 | 3 | 3 | 1,810 | $386 | 0.4 mi |
E 324 Shady Glen Drive Sold | $710,000 | 3 | 2 | 1,127 | $630 | 0.9 mi |
F 535 Shady Glen Drive Active | $699,999 List Price | 3 | 2 | 1,207 | $580 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Although built in 1974, the property has undergone an extensive recent renovation within the last 5 years, meeting the criteria for excellent condition. The home features brand-new luxury vinyl plank flooring, fresh interior and exterior paint, and fully remodeled bathrooms with modern spa-inspired showers and quartz countertops. The kitchen is updated with granite and slate surfaces and stainless steel appliances, and the home includes high-value upgrades like a paid-off solar system and epoxy garage floors.
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 = 7809, living area = 1511.
- Extensive Modern Upgrades
The home is in turnkey condition with high-end finishes, including luxury vinyl plank flooring, remodeled bathrooms with quartz countertops, and a refreshed kitchen with granite and slate.
- Energy Efficiency
A fully paid-off solar system provides significant long-term savings on utility costs and adds immediate value to the property.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 4.
- Reduced Bedroom Count
The conversion from a four-bedroom to a three-bedroom layout may limit the property's appeal to larger families or buyers requiring multiple dedicated home offices.
- Vintage Infrastructure
Originally built in 1974, some underlying structural or mechanical components may reflect the standards of its era despite the extensive aesthetic renovations.
About 540 Teran Drive
Welcome to this beautifully updated single-story home, ideally situated at the end of a quiet cul-de-sac in the heart of Fallbrook. Thoughtfully redesigned and extensively upgraded since its last sale, this home now offers a spacious 3-bedroom layout, highlighted by an expanded primary suite with French doors opening directly to the backyard, a true indoor-outdoor retreat. Inside, enjoy brand-new luxury vinyl plank flooring throughout, complemented by fresh interior and exterior paint and abundant natural light. The home features fully remodeled bathrooms with striking tile work, upgraded fixtures, and spa-inspired showers. The kitchen showcases granite and slate countertops, stainless steel appliances, and a functional layout ideal for everyday living and entertaining. Step outside to a private, low-maintenance backyard designed for relaxation and gatherings, complete with lush turf, mature landscaping, a custom pergola-covered patio, and ample space to entertain or unwind. Additional upgrades include a paid-off solar system, epoxy-coated garage floors, updated lighting, and a well-utilized lot that maximizes both privacy and usability. This is a truly turnkey property offering comfort, style, and efficiency perfectly positioned in a peaceful neighborhood with convenient access to shopping, dining, and all that Fallbrook has to offer. Key Features & Upgrades: - Reconfigured from 4 bedrooms to an oversized 3-bedroom layout - Expanded primary suite with French doors to backyard - Completely remodeled bathrooms with designer tile & modern showers - Quartz countertops in bathrooms - Granite & slate countertops in kitchen - New luxury vinyl plank flooring throughout - Fresh interior & exterior paint - Paid-off solar system - Epoxy-coated garage flooring - Custom pergola-covered patio - Private, usable backyard with turf & mature trees - Quiet cul-de-sac location
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1974
- Lot Size
- 7,809 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 3.0 | 32% |
| Square foot | 1,511 | 2,281.5 | 13% |
| Lot Size | 7,809 | 26,571.5 | 30% |
| Price | $775.0K | $909.5K | 31% |
| Price per sq ft | $513 | $423 | 83% |
| Built year | 1974 | 1991 | 17% |
| HOA | $0 | $0 | 50% |
| Days on market | 31 | 178 | 6% |
Pricing History
Listed for Sale
Feb 16, 2026
$775,000
$799,999
-3% Price Drop
Initial Listing
Price Change
Feb 4, 2026
$799,999
Initial Listing
Sold
Jan 23, 2018
$440,000
Public Record
Sold
Sep 17, 2008
$209,500
Public Record
Sold
Apr 19, 2005
$420,000
Public Record