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354 Rancho Camino, Fallbrook, CA 92028

$1.60M6bd · 7ba · 5,787 sqft
Lot 51,401 sqft•Single Family Residence•
Active
•114d on market•MLS# SW-26136221

Property Description

***HUGE PRICE REDUCTION!! Don't miss out on this exceptional estate nestled on over an acre in the rolling hills of Fallbrook. Offering nearly 5,800 square feet of living space, this private retreat seamlessly blends luxury, comfort, and resort-style living. Designed for both grand entertaining and everyday enjoyment, the residence features six spacious bedrooms, six bathrooms, and an impressive layout filled with distinctive custom details. From cedar-lined closets and granite countertops throughout to a sauna in the primary suite, central vacuum system, whole-house circulator, dual balconies, and multiple gathering spaces, every element was thoughtfully designed with comfort and convenience in mind. The heart of the home opens to an expansive backyard oasis where you'll find a beautifully renovated pool and spa, mature palm trees, assorted fruit trees, outdoor shower, built-in barbecue, and multiple spaces to relax or entertain. Whether hosting large gatherings or enjoying a quiet afternoon poolside, the setting delivers the ultimate Southern California lifestyle. Adding even more versatility, the detached pool house includes its own kitchen and bathroom and offers excellent potential for guests, multigenerational living, a private retreat, or supplemental income. For those who appreciate unique features, the home also includes a hidden closet complete with two locking safes. Extensive improvements completed in 2023 provide peace of mind and modern appeal, including new HVAC systems, updated flooring throughout, fresh interior paint, new sliding glass doors, pool resurfacing and tile replacement, updated pool equipment, roof maintenance on both structures, septic servicing, gate and fence improvements, and numerous additional enhancements. Fully fenced for privacy and equipped with owned solar, central heating and air conditioning, and countless upgrades throughout, this remarkable Fallbrook estate offers the perfect balance of elegance, functionality, and resort-inspired living. If you've been searching for a property that feels like a year-round vacation, 354 Rancho Camino is ready to exceed expectations.

Features & Amenities

FallbrookFeeBuilt 1996

Property Details

Subdivision
Fallbrook
Land Type
Fee
Year Built
1996
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
2
Garage Spaces
2
Heating
Central
Cooling
Central Air
View
Hills
City
Fallbrook
Zip Code
92028
County
San Diego
Listed byUnknown Office, Lisa Parker

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$8,085.41
Principal & Interest
Loan Amount
$1,279,200
Total Interest
$1,631,549
Total Payment Over 30 Years
$2,910,749
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

Luxury Tier · 3 active · 5 closed

354 Rancho Camino, Fallbrook, CA 92028

Fallbrook · Fallbrook · Single Family Residence

$1.60M
Luxury Tier
Beds
6
Baths
7
Sqft
5,787
Lot
1.18 ac
Year
1996
$/Sqft
$276
Pool: Yes✓
Spa: Yes✓
View: Hills✓
Garage: 2-car✓

Listed 33.4% below the median closed sale of $2,400,000. Price per sqft ($276) is a 32% discount to closed comps ($406). Closed comps sold at 92% of list — buyers have negotiating leverage. Expect a longer timeline — comps averaged 123 days on market. Luxury tier — fewer comparable sales widen the confidence range.

Price Position

Priced below the market — value advantage over the field.

Price advantage
Subject listed at $1.60M· $276/sqft
Total list price
Closed comps
vs closed median $2.40M
−$801K (−33.4%)
Active comps
vs active median $1.80M
−$200K (−11.1%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $350
−$74 (−21.1%)

Active Properties (3)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
1964 Tracy CourtFallbrook2003655,61890,605$320$1.80M573
3838 FoxgloveFallbrook1980676,145634,669$478$2.94M7471
2923 NuestraFallbrook1982455,973155,074$251$1.50M9665
Total: 3 · Average5.35.75,912293,449.333$349.667$2.08M58.333333333333336
Median5,973$1.80M

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
3807 Wendi CourtFallbrook200210/02/2026765,20387,120$2.17M$2.10M$4040.978373
1917 Santa Margarita DriveFallbrook200308/20/2026666,531299,257$3.00M$2.70M$4130.9019068
3221 IntegrityFallbrook200706/10/2026444,963368,082$2.95M$2.80M$5640.954661
3577 Stonegate PlFallbrook199108/17/2026575,388149,410$1.77M$1.50M$2780.8424445
3611 Monserate Hill CourtFallbrook200705/22/2026466,481148,539$2.50M$2.40M$3700.965039
Total: 5 · Average5.25.85,713.2210,481.6$2.30M$2.30M$405.8—122.6
Median5,388$2.40M$2.40M

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.