613 Carnation Lane, Fallbrook, California 92028, Fallbrook, 92028 - 4 bed, 3 bath
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613 Carnation Lane
Fallbrook, California 92028
ACTIVE
CONDITION: FAIR
4Beds
3Baths
2,515Sq Ft
36,154Lot Size
Property Price
LIST PRICE$899,000
EST. MARKET VALUE
$950,377
5% BelowMARKET VALUE
SUMMARY
This custom hilltop residence presents a High-Potential Investment Opportunity with a List Price of $949,000—positioned well below the $972,166 Fair Market Value by 2%. This valuation gap offers $23,166 in Instant Equity. Featuring a Fair Condition Rating, the home offers a 4-bedroom, single-story layout with panoramic mountain views and a large 36,154 sq. ft. lot. With no HOA or Mello-Roos fees, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a private, customizable hilltop retreat.
Estimated Market Value
$950,377+$51,377 Equity Potential
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 |
|---|---|---|---|---|---|---|
★ 613 Carnation Lane Subject 4 bd · 3 ba · 2,515 sqft · $378 | $899,000* List Price | 4 | 3 | 2,515 | $378 | - |
A 1304 Farrand Road Sold 4 bd · 3 ba · 2,429 sqft · $424 · 0.6 mi | $1,030,000 | 4 | 3 | 2,429 | $424 | 0.6 mi |
B 1425 Surrey Hts Sold 4 bd · 2 ba · 2,549 sqft · $349 · 1.0 mi | $889,500 | 4 | 2 | 2,549 | $349 | 1.0 mi |
C 190 Mission Oaks Road Sold 4 bd · 4 ba · 3,134 sqft · $307 · 0.7 mi | $963,000 | 4 | 4 | 3,134 | $307 | 0.7 mi |
D 915 Cookie Active 4 bd · 3 ba · 2,275 sqft · $374 · 0.4 mi | $850,000 List Price | 4 | 3 | 2,275 | $374 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 2003, the property is 21 years old and retains its original finishes. While well-maintained and move-in ready, the kitchen features dated granite tile countertops and the bathrooms utilize older tile styles and cabinetry. Based on the criteria for homes over 20 years old with dated interiors requiring updates, it is rated as Fair.
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 = 36154, living area = 2515.
- Scenic Hilltop Location
The property is situated on a prime hilltop lot offering expansive, unobstructed views of the Palomar Mountains, providing a serene and private atmosphere.
- Single-Level Custom Design
This 2,515 sq. ft. custom home features a highly desirable single-story layout with an open floor plan, abundant natural light, and a dedicated workshop space.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =36154, other record lot size in square feet = 31363.
- Market Momentum
A recent $50,000 price reduction after 36 days on the market suggests the property may have faced challenges with initial pricing or current buyer demand.
- Average School Ratings
The assigned public schools carry modest ratings (ranging from 4 to 6), which may be a consideration for families prioritizing high-performing educational districts.
About 613 Carnation Lane
MAJOR PRICE REDUCTION—NOW $899,000, DOWN FROM $1,000,000! An exceptional opportunity to own a newer, custom-built, single-story home in a peaceful Fallbrook setting. Perched on a hilltop with expansive mountain views, this private retreat offers an open floor plan, abundant natural light, and the relaxed lifestyle Fallbrook is known for. The spacious great room features large windows and a fireplace, creating a warm and inviting gathering space. The open kitchen includes granite tile countertops, alder and glass cabinetry, stainless steel appliances, and a comfortable breakfast nook. Large windows throughout the home bring the outdoors in while showcasing the surrounding hills and mountain views. Outside, a dedicated garden area provides plenty of room to plant, entertain, relax, or simply enjoy the scenery and peaceful surroundings. The oversized two-car-plus garage and workshop offer valuable additional space for vehicles, storage, hobbies, or projects. With no HOA and no Mello-Roos, this property provides greater flexibility and lower ongoing ownership costs. This home presents a rare combination of single-story living, privacy, natural light, scenic views, usable outdoor space, and classic Fallbrook charm.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2003
- Lot Size
- 36,154 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Fallbrook Unified Schools
La Paloma Elementary School
Grades K-6 • 0.9 mi
6/10
Maie Ellis Elementary
Grades K-6 • 0.9 mi
5/10
James E. Potter Intermediate School
Grades 7-8 • 1.4 mi
4/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.8 |
| Baths | 3.0 | 3.0 |
| Square foot | 2,515 | 2,343.723 |
| Lot Size | 36,154 | 46,829.322 |
| Price | $899.0K | $932.8K |
| Price per sq ft | $357 | $433 |
| Built year | 2003 | 1992 |
| HOA | $0 | $198 |
| Days on market | 77 | 60 |
Pricing History
Listed for Sale
Sep 18, 2026
$899,000
$949,000
-5% Price Drop
Initial Listing
Price Change
Aug 28, 2026
$949,000
$999,900
-5% Price Drop
Initial Listing
Price Change
Aug 9, 2026
$999,900
Initial Listing
Sold
Nov 6, 2002
$439,000
Public Record