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158 Lake Ridge Cir, Fallbrook, CA 92028

Sale Price: $1,214,500
Apr 2, 20243,735 sqft3 beds3 baths
Listed by: Chris Hasvold
License #: 00800277
Phone #: 760-604-1700
Coldwell Banker Village Properties
Source:
CRMLS Logo
MLS #: ND24044525

Property Description

When you entertain at home, do you dream of having a large enough kitchen for everyone to gather? Do you dream of having a two-office suite with a fireplace for your home-based business? Or a nearly 1000 sq.ft one-bedroom suite with a spacious living area, entertainment wall, and stone-faced fireplace? Do you dream of watching sunsets from your private patio while enjoying the sweet smell of citrus blossoms? If you have, then your dreams have come true. This exquisite custom-built entertainer's dream home in gated Lake Ridge Estates offers 3700 sq.ft boasts three bedrooms (two on the main floor and one downstairs), three full baths, a formal living & dining room, a chef's gourmet kitchen that offers custom cherry wood cabinetry, stainless steel electric double oven, an oversized refrigerator/freezer, two dishwashers, a pro six burner gas cooktop, and drawer microwave oven in the island. Slab Brazilian granite countertops, large center island with sink and barstool seating that opens to the family room, large library/game room, three fireplaces, and two expansive outdoor entertaining areas on over an acre of gentle usable land. The lower level layout is ideal for a home-based business with two large offices, one with a fireplace and separated by a full bath. If you'd prefer a beautiful guest room or multigenerational living, the fabulous area offers a one-bedroom suite with private access, a walk-in closet, travertine floors, a spacious full bath, and a living area with a built-in entertainment area with wood-burning stone-faced fireplace. Just add a small kitchen to finish it off, and you have a beautiful ADU for rental income. Beautifully landscaped & fenced front and back yard including blooming drought tolerant plants and a variety of trees, approximately twenty family fruit trees, and a raised vegetable garden. Entertain your family & friends in the 15 x 30 ft. outdoor second-story covered veranda overlooking the wonderful Fallbrook countryside and the neighboring 35-acre lemon grove. This added feature includes a Durawood patio cover, slate tile flooring, and commercial retractable sun shades to allow just the right amount of sunshine. Under this veranda, you will find another expansive entertaining area in the backyard paradise, complete with a gorgeous three-tiered fountain, over 1700 sq.ft.of pavers. Rarely do you get a second chance but we’re back on the market as the buyer wasn’t able to perform so now’s your opportunity.
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$21,245

TurboHome Estimated Value

$1,332,900

$357 sqft

High Valuation
$1,399,545
$375/sqft
Normal Valuation
$1,332,900
$357/sqft
Low Valuation
$1,266,255
$339/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$357/sqft$1,332,900

Neighborhood: Fallbrook

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Comparative Value

$1.21M

$1.25M

$1.46M

$1.55M

$1.73M

158 Lake Ridge Cir, Fallbrook, CA 92028

Sale Price: $1,214,500

Selected Comparable

158 Lake Ridge Cir, Fallbrook, CA 92028

List Price: $1,249,500

Subject Property

197 Morro Hills Rd, Fallbrook, CA 92028

Sale Price: $1,460,000

Selected Comparable

377 Rancho Camino, Fallbrook, CA 92028

Sale Price: $1,475,000

Selected Comparable

4238 Rancho Camino Norte, Fallbrook, CA 92028

Sale Price: $1,550,000

Selected Comparable

109 Lake Ridge Cir, Fallbrook, CA 92028

Sale Price: $1,725,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
158 Lake Ridge Cir, Fallbrook, CA 92028

158 Lake Ridge Cir, Fallbrook, CA 92028

List: $1,249,500

Listed: 4/2/2024

Area:3,735 sqft
Price/sqft:$335
Beds:3
Baths:3
Year Built:
Lot Size:47,480.4

Comparable Properties

COMPARABLE
Choose comps
158 Lake Ridge Cir, Fallbrook, CA 92028

158 Lake Ridge Cir, Fallbrook, CA 92028

Sale: $1,214,500

8/13/20240.00 mi

Area:3,735 sqft
Price/sqft:$325
Beds:3
Baths:3
Year Built:
Weight:24.1%
377 Rancho Camino, Fallbrook, CA 92028

377 Rancho Camino, Fallbrook, CA 92028

Sale: $1,475,000

7/30/20250.96 mi

Area:3,244 sqft
Price/sqft:$455
Beds:3
Baths:4
Year Built:
Weight:20.1%
197 Morro Hills Rd, Fallbrook, CA 92028

197 Morro Hills Rd, Fallbrook, CA 92028

Sale: $1,460,000

7/10/20251.44 mi

Area:3,585 sqft
Price/sqft:$407
Beds:4
Baths:3
Year Built:
Weight:19.4%
4238 Rancho Camino Norte, Fallbrook, CA 92028

4238 Rancho Camino Norte, Fallbrook, CA 92028

Sale: $1,550,000

8/19/20240.95 mi

Area:2,892 sqft
Price/sqft:$536
Beds:3
Baths:3
Year Built:
Weight:18.2%
109 Lake Ridge Cir, Fallbrook, CA 92028

109 Lake Ridge Cir, Fallbrook, CA 92028

Sale: $1,725,000

5/19/20250.06 mi

Area:3,897 sqft
Price/sqft:$443
Beds:4
Baths:4
Year Built:
Weight:18.2%

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