Virtually enhanced to show Landscape Inspiration
1 / 37

3162 Reche Road, Fallbrook, CA 92028

$939K3bd · 3ba · 2,364 sqft
Lot 56,628 sqft•Single Family Residence•
Active
•57d on market•MLS# NP-26181425

Property Description

1.3 USABLE ACRES | NO HOA | LOW TAXES | A FRESH OPPORTUNITY IN FALLBROOK! Space, flexibility, and the opportunity to create something uniquely your own. Set on approximately 1.3 usable, fully fenced acres, this 3-bedroom, 3-bath Fallbrook home offers approximately 2,364 square feet of living space along with the land and versatility that are increasingly hard to find at this price point. The main level is designed for gathering and everyday living, with abundant natural light, scenic hillside views, luxury vinyl plank flooring, and a spacious family room anchored by a striking rock fireplace. Upstairs, all three bedrooms create a private separation from the living areas below. The primary suite features its own fireplace, private balcony, and spacious ensuite bath with soaking tub and oversized shower. Outside is where the opportunity expands. A large covered wraparound patio creates generous outdoor living and entertaining space, while the acreage offers room to imagine a lifestyle tailored to you. Mature lemon and pomegranate trees are already established, and the south-facing property enjoys excellent sun exposure. Whether your vision includes additional gardens or orchard plantings, a hobby vineyard, equestrian use, a pool, workshop, recreational space, or exploring the potential for an ADU or additional improvements, the property offers a versatile canvas for the next owner. Buyers to independently verify all desired uses, zoning, permitting, and development potential. The property is fully fenced and offers substantial usable outdoor space without the restrictions of an HOA. Solar provides an additional energy-conscious feature, and the home's existing improvements provide a comfortable foundation for a buyer who wants to personalize and enhance the property over time. Located minutes from downtown Fallbrook, Live Oak Park, wineries, shopping, dining, and convenient freeway access, this property combines acreage and breathing room with accessibility to everyday amenities. At $939,000, this is an opportunity to own more than a home. It's an opportunity to create your own version of the Fallbrook lifestyle. Come see the land, the possibilities, and the value for yourself.

Features & Amenities

FallbrookFeeBuilt 1990

Property Details

Subdivision
Fallbrook
Land Type
Fee
Year Built
1990
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
2
Garage Spaces
2
Heating
Forced Air
Cooling
Central Air
View
Hills, Mountain(s), Vineyard
Flooring
Vinyl, Carpet, See Remarks
City
Fallbrook
Zip Code
92028
County
San Diego
Listed byUnknown Office, Jaime Weber

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$4,748.09
Principal & Interest
Loan Amount
$751,200
Total Interest
$958,114
Total Payment Over 30 Years
$1,709,314
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

About Fallbrook

This property is located in Fallbrook, a community in Fallbrook. Explore more listings in this neighborhood to compare options and pricing.

View Fallbrook Listings

Comparative Market Analysis

Residential Tier · 5 active · 5 closed

3162 Reche Road, Fallbrook, CA 92028

Fallbrook · Fallbrook · Single Family Residence

$939K
Residential Tier
Beds
3
Baths
3
Sqft
2,364
Lot
1.30 ac
Year
1990
$/Sqft
$397
Pool: No✓
Spa: No✓
View: mountain✓
Garage: 2-car✓

Listed in line with the median closed sale of $955,000.

Price Position

Aligned with the market — fair pricing for the comps.

At market
Subject listed at $939K· $397/sqft
Total list price
Closed comps
vs closed median $955K
−$16K (−1.7%)
Active comps
vs active median $1.20M
−$261K (−21.8%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $482
−$85 (−17.6%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
2740 Los Alisos DriveFallbrook1992332,54356,628$503$1.28M2793
2713 MissionFallbrook2003432,48262,291$544$1.35M11188
5012 Sleeping IndianFallbrook1978332,20043,560$452$995,0005281
349 Puerta De LomasFallbrook1998432,422163,350$495$1.20M580
598 MeadowoodFallbrook2024432,3415,864$416$974,5007477
Total: 5 · Average3.63.02,397.666,338.6$482$1.16M53.8
Median2,422$1.20M

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
1923 Vista del NorteFallbrook198707/29/2026322,39647,480$1.15M$1.16M$4831.019890
717 Porter RoadFallbrook198407/28/2026332,69222,216$765,000$765,000$2841.005283
3415 CaballoFallbrook198808/07/2026322,24049,223$949,000$895,000$4000.949981
1152 Big Oak Ranch RoadFallbrook197807/02/2026332,11043,560$974,900$955,000$4530.984180
1691 Pepper TreeFallbrook198709/24/2026322,04835,284$965,000$965,000$4711.0010079
Total: 5 · Average3.02.42,297.239,552.6$947,410$947,410$418.2—78
Median2,240$955,000$955,000

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.