929 Pepper Tree Lane, Fallbrook, California 92028, Fallbrook, 92028 - 3 bed, 2 bath
929 Pepper Tree Lane
Fallbrook, California 92028
Property Price
SUMMARY
Analysis of 929 Pepper Tree Lane, Fallbrook, California 92028 reveals a property with a current list price of $1,195,000, which is 3% above the estimated $1,155,803 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Fallbrook Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 929 Pepper Tree Lane Subject | $1,195,000* List Price | 3 | 2 | 2,280 | $507 | - |
A 1111 Palomino Road Sold | $1,350,000 | 4 | 3 | 2,288 | $590 | 0.3 mi |
B 1677 S Hill Avenue Sold | $1,180,000 | 3 | 5 | 2,981 | $396 | 0.8 mi |
C 1411 Surrey Heights Sold | $1,050,000 | 4 | 3 | 2,266 | $463 | 0.7 mi |
D 1590 Dorothea Ave Sold | $988,000 | 3 | 2 | 1,702 | $580 | 0.8 mi |
E 2144 Knollwood Avenue Pending | $1,009,000 List Price | 3 | 3 | 2,415 | $418 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Although originally built in 1978, the property has undergone extensive recent renovations to achieve a turnkey, luxury status. It features a modern upgraded kitchen, Bluetooth-integrated smart home technology, and updated systems including a 220V EV charging station and solar. The interior finishes, flooring, and resort-style outdoor pool area meet contemporary high-quality standards with no deferred maintenance.
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 = 28314, living area = 2280.
- Resort-Style Outdoor Living
The expansive 0.65-acre lot features a sparkling pool, serene greenbelt views, and a private orchard with diverse fruit trees, offering a quintessential Fallbrook lifestyle of privacy and tranquility.
- Turnkey Modern Upgrades
This move-in-ready home boasts a refined modern kitchen, Bluetooth-integrated smart features, and a 220V EV charging station, seamlessly blending 1970s character with contemporary convenience.
CONSRISKS & DEFICIENCIES
- Leased Solar System
The solar panels are leased rather than owned, which requires the buyer to assume a contract and may be less attractive than an owned system that conveys full equity.
- Vintage Infrastructure
While the interior is highly upgraded, the 1978 build date suggests that some underlying structural or mechanical components may be nearing the end of their typical functional lifespan.
About 929 Pepper Tree Lane
Unheard of Opportunity in the Heart of Fallbrook – Luxury Meets Tranquility Properties like this rarely come available. With nothing else on the market offering this combination of space, privacy, upgrades, and lifestyle — this is truly a standout opportunity. Nestled on a sprawling 0.65-acre lot, this exceptional 3-bedroom, 2-bath residence offers 2,280 sq ft of refined living designed for both elegance and comfort. From the modern upgraded kitchen to the seamless Bluetooth-integrated home features, every detail supports effortless living. Step outside into your private resort-style setting — a sparkling Saltwater pool surrounded by peaceful, serene views that capture the essence of Fallbrook’s sought-after rural charm. Whether you’re entertaining under the stars or enjoying a quiet morning by the water, this home delivers a rare sense of escape. Perfectly positioned just 20 minutes to Temecula’s renowned wineries, 30 minutes to the beach, and under an hour to downtown San Diego — you truly can have it all: privacy without isolation. Move-in ready. Turnkey. Exceptional. Leased solar. And lets not forget multiple fruit trees! Lemon, Blood Orange, Peach, Apple and Fig! Don’t miss your chance to own one of Fallbrook’s most unique offerings — opportunities like this are few and far between. 220 for EV charging in garage .
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1978
- Lot Size
- 28,314 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 3.0 | 32% |
| Square foot | 2,280 | 2,282.5 | 50% |
| Lot Size | 28,314 | 27,007.1 | 50% |
| Price | $1.20M | $917.5K | 74% |
| Price per sq ft | $524 | $423 | 86% |
| Built year | 1978 | 1991 | 25% |
| HOA | $0 | $0 | 50% |
| Days on market | 12 | 178 | 5% |
Pricing History
Listed for Sale
Feb 23, 2026
$1,195,000
Initial Listing
Sold
Mar 17, 2023
$955,000
Public Record
Sold
Mar 16, 2021
$757,000
Public Record
Sold
Sep 1, 1998
$230,000
Public Record