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9202 Moon Ridge Road, Fallbrook, California 92028, Fallbrook, 92028 - 3 bed, 3 bath

9202 Moon Ridge Road, Fallbrook, California 92028 home-pic-0
ACTIVE$1,175,000
9202 Moon Ridge Road, Fallbrook, California 92028
3Beds
3Baths
2,502Sqft
461,736Lot

Price Vs. Estimate

The estimated value ($1,175,000) is $0 (0%) lower than the list price ($1,175,000). This property may be overpriced.

Key pros and cons

Top Pros:
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 = 461736, living area = 2502.
Top Cons:
As-Is Condition: The property is being sold 'AS-IS,' which means the seller will not undertake repairs, placing the responsibility for any unforeseen issues or necessary upgrades directly on the buyer, despite available reports.

Compared to the nearby listings

Price:$1.18M vs avg $884.0K (+$291,000)74%
Size:2,502 sqft vs avg 2,188 sqft62%
Price/sqft:$470 vs avg $42373%

More Insights

Built in 1989 (36 years old).
Condition: Despite being built in 1989, this property was fully remodeled in 2024, bringing all major components and aesthetics up to current quality standards. The kitchen features modern white shaker cabinets, quartz countertops, new stainless steel appliances, and contemporary lighting. Bathrooms are similarly updated with modern vanities, black fixtures, and subway tile showers. New wood-look flooring is present throughout the main living areas. The property also benefits from a paid-off solar system, indicating updated and efficient systems. The 'AS-IS' clause is noted, but the recent extensive renovation ensures the property is in virtually new condition, requiring no immediate repairs or updates.
Year Built
1989
Close
-
List price
$1.18M
Original List price
$1.2M
Price/Sqft
$470
HOA
-
Days on market
-
Sold On
-
MLS number
NDP2507233
Home ConditionExcellent
Features
Excellent View: Canyon, Hills, Mountain(s), Panoramic
Patio
ViewCanyon, Hills, Mountain(s), Panoramic

About this home

Endless Potential on a fully fenced, 10+ Acre Opportunity in the Heart of Fallbrook. Welcome to your private hilltop retreat, a beautifully remodeled 3-bedroom, 2.5-bathroom home on 10.6 acres of lush, usable land in scenic Fallbrook. Spanning just over 2,500 square feet, this home was fully renovated in 2024 and offers panoramic views, serene privacy, and room to grow.. literally. The land has been lovingly cultivated and features a wide variety of fruit and vegetable trees, making it ideal for homesteading, gardening, or simply enjoying your own slice of nature. The property is fully gated, solar-powered (paid off!), and includes a home and termite inspection for peace of mind. What truly sets this home apart are the approved plans for a stunning expansion: the opportunity to convert the existing home into a 6-bedroom, 4.5 bathroom estate with a large walkout balcony, plus a detached 2 bedroom, 1 bathroom ADU. Whether you're looking to build a multigenerational compound, create a retreat-style escape, or invest in rental income potential, the groundwork has already been laid. Fallbrook is known for its charm, privacy, and natural beauty, and this property is the perfect blend of move-in-ready comfort and future possibility. Plans are available for review upon request. This is a rare chance to own acreage, views, and value in one of North County’s most desirable rural communities. To be sold AS-IS, home, roof & pest reports available upon request.

Condition Rating
Excellent
Despite being built in 1989, this property was fully remodeled in 2024, bringing all major components and aesthetics up to current quality standards. The kitchen features modern white shaker cabinets, quartz countertops, new stainless steel appliances, and contemporary lighting. Bathrooms are similarly updated with modern vanities, black fixtures, and subway tile showers. New wood-look flooring is present throughout the main living areas. The property also benefits from a paid-off solar system, indicating updated and efficient systems. The 'AS-IS' clause is noted, but the recent extensive renovation ensures the property is in virtually new condition, requiring no immediate repairs or updates.
Pros & Cons

Pros

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 = 461736, living area = 2502.
Significant Expansion & ADU Potential: Approved plans are in place for a substantial expansion to a 6-bedroom, 4.5-bathroom estate with a large walkout balcony, plus a detached 2-bedroom, 1-bathroom ADU, offering immense future value and flexibility for multi-generational living or rental income.
Extensive Acreage & Privacy: The property boasts over 10.6 acres of fully fenced, usable land on a private hilltop retreat, providing ample space, security, and a serene, secluded environment.
Recent Renovation & Move-in Ready: The home was fully renovated in 2024, offering modern comforts and a move-in-ready condition, blending contemporary living with the property's natural charm.
Panoramic Views: Enjoy stunning panoramic views of canyons, hills, and mountains from this hilltop location, significantly enhancing the property's aesthetic appeal and desirability.
Sustainable Features & Cultivated Land: Equipped with a paid-off solar power system for energy efficiency and cost savings, the property also features lovingly cultivated land with a variety of fruit and vegetable trees, ideal for homesteading or agricultural pursuits.

Cons

As-Is Condition: The property is being sold 'AS-IS,' which means the seller will not undertake repairs, placing the responsibility for any unforeseen issues or necessary upgrades directly on the buyer, despite available reports.
Significant Future Investment Required: While the approved expansion plans are a major asset, realizing the full potential of a larger estate and ADU will necessitate substantial additional financial investment and project management from the buyer.
Potential Overpricing Relative to Market Estimates: The current listing price appears to be higher than the property's estimated value (estimation ratio -4), which could suggest it is priced above current market expectations and may impact buyer interest or negotiation.

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