903 Crescent Bend, Fallbrook, California 92028, Fallbrook, 92028 - 3 bed, 2 bath
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Fallbrook, California 92028
This Well-Maintained 55+ Community Residence is a Prime Investment Opportunity listed at $725,000—positioned well below the $740,454 Fair Market Value by 2%. This valuation gap offers $15,454 in Instant Equity for buyers. Boasting a Condition Rating of 4, the home features vaulted ceilings, hardwood floors, and a newer HVAC system. Residents enjoy premium amenities like pickleball courts and a community orchard near La Paloma Elementary. This turnkey sanctuary is the perfect fit for Active Retirees or Owner-Occupants seeking a high-quality, low-maintenance lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 903 Crescent Bend Subject | $695,000* List Price | 3 | 2 | 1,656 | $424 | - |
A 1061 Ridge Heights Sold | $779,000 | 3 | 2 | 1,992 | $391 | 0.1 mi |
B 1321 June Sold | $765,000 | 3 | 2 | 1,470 | $520 | 0.3 mi |
C 503 Potter Sold | $715,000 | 4 | 3 | 1,641 | $436 | 0.6 mi |
D 1206 Old Stage Road Sold | $675,000 | 3 | 2 | 1,399 | $482 | 0.7 mi |
E 820 Cookie Lane Sold | $749,000 | 3 | 3 | 1,745 | $429 | 0.5 mi |
F 946 Woodcreek Road Active | $699,000 List Price | 3 | 2 | 1,537 | $455 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property is exceptionally well-maintained and move-in ready, featuring fresh interior paint, newer carpeting, and an upgraded HVAC system. However, it aligns with the 'fair' criteria as it was built in 1988 (36 years ago) and retains its original architectural style. The kitchen and bathrooms, while clean and functional, show signs of being outdated with older white appliances and tile countertops, lacking a full modern renovation.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8834, living area = 1656.
Located in the desirable East Ridge 55+ community, the property offers a premium lifestyle with access to a gated entrance, pickleball, RV parking, and a community orchard.
The home is move-in ready with significant recent updates, including a newer HVAC system, fresh interior paint, and new carpeting, providing immediate peace of mind for the buyer.
As a 55+ community, the property has a limited pool of potential buyers, which can restrict resale opportunities compared to standard residential neighborhoods.
The $350 monthly HOA fee adds a significant recurring carrying cost that may impact the budget of retirees or those on fixed incomes.
FANTASTIC PRICE IMPROVEMENT! GREAT opportunity to own in the esteemed 55+ East Ridge Community — where lifestyle and comfort meet in this beautifully maintained 3-bedroom, 2-bath residence. Vaulted ceilings and generous windows fill the home with natural light, highlighting the hardwood floors, freshly painted ceilings and walls, and newer carpet. The thoughtfully designed floor plan offers easy flow for everyday living and entertaining. The home has been lovingly cared for and is truly move-in clean. A newer HVAC system adds peace of mind and year-round comfort — an important upgrade already taken care of for you. Step outside to a private, low-maintenance backyard — perfect for morning coffee or quiet evenings. Life in East Ridge means more than just a home — it’s a community. Residents enjoy a gated entrance, clubhouse with library and game room, pickleball, bocce ball, putting green, walking trails, RV parking, and even a community garden and orchard. If you're looking for light, space, and an active 55+ lifestyle… this is the one for you!
No exterior & parking available.
Grades K-6 • 0.4 mi
Grades K-6 • 1.2 mi
Grades 7-8 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 3.0 | 28% |
| Square foot | 1,656 | 2,414 | 18% |
| Lot Size | 8,834 | 30,492 | 34% |
| Price | $695.0K | $929.5K | 12% |
| Price per sq ft | $420 | $417 | 53% |
| Built year | 1988 | 1991 | 41% |
| HOA | $350.0 | $0 | 96% |
| Days on market | 51 | 181 | 11% |
Mar 25, 2026
$695,000
$725,000
-4% Price Drop
Initial Listing
Mar 2, 2026
$725,000
Initial Listing
Oct 25, 2013
$400,000
Public Record
Jul 6, 1998
$208,000
Public Record