
Fallbrook, California 92028
This Move-In Ready Starter Home is a Strong Value Opportunity, listed at $699,000—positioned well below the $701,491 Fair Market Value by 0.35%. This valuation gap offers $2,491 in Instant Equity. Featuring a Condition Rating of 3, the home includes recent cosmetic updates, a large fenced backyard, and scenic canyon views. While the interior is compact, the expansive 12,607 sqft lot provides significant potential. This property is an ideal acquisition for first-time buyers or Owner-Occupants seeking a well-maintained, lifestyle-focused residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 604 Porter Street Subject | $699,000* List Price | 3 | 2 | 1,196 | $587 | - |
A 155 Barhaven Lane Sold | $685,000 | 3 | 2 | 1,200 | $571 | 0.8 mi |
B 914 N Main Avenue Sold | $800,000 | 3 | 2 | 1,466 | $546 | 0.3 mi |
C 316 W Kalmia Sold | $690,000 | 2 | 2 | 1,470 | $469 | 0.6 mi |
D 1035 Knoll Park Lane Sold | $689,000 | 3 | 2 | 1,612 | $427 | 0.7 mi |
E 146 Barhaven Sold | $695,000 | 2 | 2 | 934 | $744 | 0.8 mi |
F 678 Robby Way Sold | $615,000 | 3 | 2 | 944 | $651 | 0.2 mi |
G 145 Barhaven Lane Sold | $742,000 | 3 | 2 | 1,428 | $520 | 0.8 mi |
H 985 N Main Pending | $647,000 List Price | 2 | 1 | 1,130 | $573 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1984, the interior shows recent cosmetic renovations including new luxury vinyl plank flooring and fresh paint throughout. The property is presented in move-in condition with a functional kitchen and updated aesthetics, meeting the criteria for a well-maintained home despite its chronological age.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 12607, living area = 1196.
The property boasts impressive views of the surrounding canyons, hills, and mountains, providing a serene and picturesque backdrop that enhances its overall value.
Situated on a generous 12,607 sqft lot with a large fenced backyard, the home offers significant outdoor space for privacy, recreation, or potential expansion.
With only 1,196 square feet allocated for a three-bedroom layout, the interior living areas and bedrooms may feel constrained compared to modern residential standards.
The unfinished dirt basement area requires significant additional investment and construction to be converted into functional living space or professional-grade storage.
Great starter home located on quiet street with views. Large fenced backyard and an unfinished dirt basement area for storage or possible project. Move in condition.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.7 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,196 | 2,314.399 |
| Lot Size | 12,607 | 47,267.225 |
| Price | $699.0K | $919.6K |
| Price per sq ft | $584 | $428 |
| Built year | 1984 | 1992 |
| HOA | $0 | $195 |
| Days on market | 19 | 59 |
Aug 21, 2026
$699,000
Initial Listing
Sep 3, 2002
$148,000
Public Record