974 Via Hillview, Fallbrook, California 92028, Fallbrook, 92028 - 4 bed, 3 bath
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Fallbrook, California 92028
This Equestrian Estate represents a Strong Value Opportunity, listed at $1,175,000—positioned well below the $1,190,517 Fair Market Value by 1%. This valuation gap offers $15,517 in Instant Equity. Featuring a Condition Rating of 3, the property includes a 469 sq ft Guest House, 33 Owned Solar Panels, and Comprehensive Equestrian Facilities on 4.4 acres. With panoramic mountain views and a remodeled kitchen, this versatile asset balances rural privacy with modern efficiency. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a flexible, income-producing lifestyle property.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 974 Via Hillview Subject | $1,175,000* List Price | 4 | 3 | 2,869 | $415 | - |
A 510 Hilbert Drive Sold | $1,095,000 | 3 | 3 | 2,740 | $400 | 0.9 mi |
B 1282 Olive Ave Pending | $1,195,000 List Price | 4 | 3 | 3,133 | $381 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Originally built in 1966, the property has undergone extensive renovations including a remodeled main kitchen with premium appliances and a brand-new guest house kitchen. Systems are significantly updated with 33 owned solar panels and separate electric meters. While some interior finishes like Saltillo tile reflect older trends, the home is well-maintained, functional, and move-in ready.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 191664, living area = 2869.
The property features a detached 469 sq ft guest house with a brand-new kitchen and separate electric meter, providing excellent potential for rental income, a private office, or multi-generational living.
Situated on 4.4 acres, this estate is fully equipped for horse enthusiasts with a four-stall barn, wash rack, arena, and multiple paddocks, a rare find at this price point.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2869, other record living area = 2142. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 2.
With the original structure dating back to 1966, buyers may encounter the need for ongoing maintenance or updates to older mechanical systems despite recent cosmetic improvements.
The extensive 4.4-acre lot and specialized equestrian amenities demand significant time and financial resources to maintain, which may limit the property's appeal to a niche buyer pool.
Now offered at a value range of $1,075,000-$1,175,000 and providing more flexibility than before, this gated, SOLAR-powered 4.4-acre equestrian estate just minutes from downtown Fallbrook includes an approximately 469 sq ft one-bedroom guest space with a brand-new kitchen, separate bedroom, full bath, open living area, patio, and its own yard with peaceful hillside views, offering exceptional flexibility for guests, extended family, ranch staff, a private office, or other needs. The main residence features 3 bedrooms, 2 bathrooms, panoramic views from nearly every room, exposed beam ceilings, picture windows, a cozy fireplace, and a remodeled kitchen with custom cabinetry, premium appliances, and generous workspace. Upstairs, the spacious primary suite offers vaulted wood ceilings, its own fireplace, a spa-inspired bath, walk-in closet, and private view deck overlooking the surrounding hills. Designed for horse enthusiasts as well as those seeking privacy, the property also features a four-stall barn with wash rack, arena, multiple paddocks, turnout areas, RV parking, storage buildings, and plenty of room to enjoy the outdoors. Additional highlights include 33 owned solar panels, separate electric meters serving the main house and guest space, extensive improvements throughout, and a peaceful setting that feels miles away while remaining just minutes from shopping, dining, and everyday conveniences. A rare opportunity to enjoy flexible country living in one of Fallbrook's most desirable locations.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 2,869 | 2,169 |
| Lot Size | 191,664 | 47,480.4 |
| Price | $1.18M | $917.5K |
| Price per sq ft | $410 | $426 |
| Built year | 1966 | 1991 |
| HOA | $0 | $176 |
| Days on market | 4 | 60 |
Jul 18, 2026
$1,175,000
Initial Listing
May 21, 2025
$775,000
Public Record
Apr 30, 2024
$1,030,000
Public Record
Sep 16, 2019
$700,000
Public Record