
Fallbrook, California 92028
This Spacious Starter Home is listed at $825,000, representing a stable acquisition price closely aligned with its $802,662 Fair Market Value. Boasting a Condition Rating of 4, the residence is fully functional but offers significant equity-building potential through cosmetic modernization of its original 1991 interior. Key structural assets include a Newer Tile Roof and an expansive Half-Acre Lot within a secure Gated Community. Located near La Paloma Elementary, this property combines privacy with long-term potential. It is an ideal match for Owner-Occupants or first-time buyers ready to build wealth.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 915 Cookie Subject | $795,000* List Price | 3 | 3 | 2,275 | $353 | - |
A 1089 Ridge Heights Sold | $773,000 | 3 | 3 | 2,247 | $344 | 0.3 mi |
B 1304 Farrand Road Sold | $1,030,000 | 4 | 3 | 2,429 | $424 | 0.2 mi |
C 1610 Reche Rd Sold | $935,000 | 3 | 3 | 2,258 | $414 | 0.9 mi |
D 1018 Morro Road Sold | $749,000 | 3 | 2 | 2,376 | $315 | 0.3 mi |
E 1057 Ridge Heights Sold | $875,000 | 3 | 3 | 2,712 | $323 | 0.4 mi |
F 721 Highland Park Active Under Contract | $899,900 List Price | 4 | 3 | 2,197 | $410 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property, built in 1991, is in functional condition but shows significant signs of being outdated. The kitchen features original oak-style cabinetry and older white appliances, though it has been supplemented with a newer stainless steel refrigerator. While the exterior benefits from a newer tile roof and the interior includes quality plantation shutters, the overall aesthetic—including the paint choices and flooring—reflects a 30-year-old home that has not undergone a comprehensive modern renovation. It serves well as a starter home but requires cosmetic updates to meet current market standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 21745, living area = 2275.
Situated on a generous half-acre lot within a gated community, this property offers significant outdoor space and enhanced security for homeowners.
The home features a newer tile roof, reducing immediate maintenance concerns and providing long-term durability and value for the next owner.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 4.
The monthly association fee of $350 adds a consistent carrying cost that may impact the overall affordability for some first-time buyers.
The local public schools carry moderate ratings (ranging from 4 to 6), which may be a consideration for families seeking high-performing educational districts.
Perfect Starter Home, gated community half acre lot, big garage. Newer Tile Roof. Should have no problem qualifying for conventional loan. Seller will be reviewing offers with an early decision next week.
No exterior & parking available.
Grades K-6 • 0.8 mi
Grades K-6 • 1.2 mi
Grades 7-8 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,275 | 2,414 | 44% |
| Lot Size | - | 30,492 | 13% |
| Price | $795.0K | $929.0K | 30% |
| Price per sq ft | $349 | $417 | 23% |
| Built year | 1991 | 1991 | 50% |
| HOA | $350.0 | $0 | 96% |
| Days on market | 13 | 181 | 8% |
Apr 17, 2026
$795,000
$825,000
-4% Price Drop
Initial Listing
Apr 9, 2026
$825,000
Initial Listing
Jul 2, 2020
$640,000
Public Record
Mar 10, 1999
$245,000
Public Record