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2923 Nuestra, Fallbrook, CA 92028

$1.50M4bd · 5ba · 5,973 sqft
Lot 155,074 sqft•Single Family Residence•
Active
•100d on market•MLS# SW-26141340

Property Description

PRIVATE GIRD VALLEY WINE COUNTRY RETREAT At the end of an oak-lined drive, tucked into its own private canyon, this nearly 6000 square foot custom estate feels worlds away. Mature live oak & rare Engelmann oaks, private trails & a year-round stream wind through 3.56 acres, creating a sense of seclusion in Fallbrook's Gird Valley wine country. Mornings begin with birdsong, afternoons unfold by the pool & evenings settle in beneath dark country skies. This home was designed to embrace its setting. Wraparound balconies, patios and French doors extend living spaces outdoors, with views across the oaks, surrounding hills, pool & spa. Inside, distinctive architectural details give the home warmth & character: soaring beamed ceilings, an arched window, an oversized brick fireplace, custom built-ins, open shelving, solid-brass hardware & an artist-signed etched-glass window. At the heart of the home, the European-inspired chef's kitchen combines generous entertaining space with one-of-a-kind details, including a French copper prep sink, coffered tin ceiling, Sub-Zero refrigerator, newer stainless cooktop & double oven, two dishwashers, window seating & a Dutch door opening to the balcony. The primary suite offers its own private escape, including a Juliet balcony overlooking the pool. A library/bedroom with built-in shelves, reading nooks & a private patio provides another intimate retreat. THE PROPERTY'S GREATEST ADVANTAGE IS ITS FLEXIBILITY. The renovated lower level includes two bedrooms & baths, a 2nd family/game room, kitchenette, laundry & mud rooms. The studio, with its separate entrance through the front patio, has a built-in desk, kitchenette & full bath, which creates additional space for work-from-home, guests or multigenerational living, while a separate-entry exercise/flex room with bath offers more possibilities. Outside, the property becomes its own retreat. Unwind in the pool & spa, wander the private trails to the stream, or simply enjoy the quiet from one of the home's many balconies & patios. New wood decking, a split driveway with turnaround space, separate 3+ car garage & RV parking add practicality to the setting - all with no HOA. Close to Monserate Winery & Gird Valley Preserve, with convenient access to downtown Fallbrook and I-15, and 25 minutes to the beach at Oceanside, this property offers an uncommon combination of privacy (no close neighbors) & accessibility. THIS IS A PLACE TO GATHER, RETREAT & CREATE.

Features & Amenities

FallbrookFeeBuilt 1982

Property Details

Subdivision
Fallbrook
Land Type
Fee
Year Built
1982
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
3
Garage Spaces
3
Heating
Central
Cooling
Central Air
View
Peek-A-Boo, None
Roof
Concrete
City
Fallbrook
Zip Code
92028
County
San Diego
Listed byHomeSmart Realty West, Jeffrey Comulada

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$7,583.80
Principal & Interest
Loan Amount
$1,199,840
Total Interest
$1,530,330
Total Payment Over 30 Years
$2,730,170
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 · 4 closed

2923 Nuestra, Fallbrook, CA 92028

Fallbrook · Fallbrook · Single Family Residence

$1.50M
Luxury Tier
Beds
4
Baths
5
Sqft
5,973
Lot
3.56 ac
Year
1982
$/Sqft
$251
Pool: Yes✓
View: Peek-A-Boo, None✓
Garage: 3-car✓

Listed 33.3% below the median closed sale of $2,250,000. Price per sqft ($251) is a 31% discount to closed comps ($366). Closed comps sold at 92% of list — buyers have negotiating leverage. Expect a longer timeline — comps averaged 142 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 $1.50M· $251/sqft
Total list price
Closed comps
vs closed median $2.40M
−$900K (−37.5%)
Active comps
vs active median $1.80M
−$299K (−16.6%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $358
−$107 (−29.9%)

Active Properties (3)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
1964 Tracy CourtFallbrook2003655,61890,605$320$1.80M576
354 Rancho CaminoFallbrook1996675,78751,401$276$1.60M11068
3838 FoxgloveFallbrook1980676,145634,669$478$2.94M7463
Total: 3 · Average6.06.35,850258,891.667$358$2.11M63
Median5,787$1.80M

Closed Properties (4)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
3807 Wendi CourtFallbrook200210/02/2026765,20387,120$2.17M$2.10M$4040.978371
3611 Monserate Hill CourtFallbrook200705/22/2026466,481148,539$2.50M$2.40M$3700.965065
1917 Santa Margarita DriveFallbrook200308/20/2026666,531299,257$3.00M$2.70M$4130.9019063
3577 Stonegate PlFallbrook199108/17/2026575,388149,410$1.77M$1.50M$2780.8424456
Total: 4 · Average5.56.35,900.75171,081.5$2.17M$2.17M$366.25—141.75
Median6,481$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.