1594 Green Canyon Lane

1594 Green Canyon Lane

Dbottom 20%

Fallbrook, CA 92028

$1,928,000
NEW — 0d

Pass at asking: -$10,903/mo full cashflow at 20% down, 7.49% rate.

Works at $514,421 (73% under asking); even all cash loses money at asking.

Rent $5,153/mo from 8 leases of houses within 2 mi, size-adjusted ($5,079–$5,316).

Beds

4

Baths

4.5

Sqft

3,060

Year Built

1988

Days on Market

0

Property Type

Single Family

HOA/mo

N/A

MLS ID

260026123SD

This property is in Fallbrook (92028). Browse neighborhood analytics →

About This Property

Discover your private sanctuary on 4 breathtaking acres, where panoramic views of orchards, rolling hills, & the majestic Palomar Mountain unfold from nearly every window & outdoor space. This exceptional custom estate, designed by an architect and built as his personal residence, blends timeless Spanish-influenced Ranchero character with artistic detailing and enduring craftsmanship. Step inside to experience the home's soul: rich woodwork on the doors, windows, and built-in cabinetry, hand-painted tiles, & warm wood & Saltillo tile floors that lead to a dramatic two-story rock fireplace & wood-beamed ceilings soaring over the Great Room & dining room. The gourmet kitchen is a chef's delight, centered on a professional Wolf Range with a six-burner gas stove, griddle, & double ovens, complemented by a separate built-in BBQ grill and a welcoming eat-in area. The thoughtfully designed main residence offers two spacious bedroom suites plus a generous upstairs loft ideal as a 3rd bedroom, home office, or light-filled art studio complete with a balcony that captures those extraordinary views. Just steps from the resort-style pool & fire pit sits a flexible guest suite/pool. For multi-generational living, visitors, or potential rental income, an additional private Guest House/ADU delivers a full kitchen, living room, bedroom, bath, & a large elevated patio balcony overlooking the garden and pasture. see supplement remarks ... Arrive via the cobblestone driveway to a three-car garage and a serene courtyard entry featuring a peaceful fountain. The property continues to surprise, from the character-rich old barn to the newly upgraded outdoor living areas: a freshly re-plastered PebbleTec pool, full travertine paver deck (recently expanded), and new pool equipment. This is more than a home--it is a rare, private family compound offering quiet living, abundant outdoor enjoyment, and authentic California character that feels both timeless and deeply personal. Experience the views, craftsmanship, and lifestyle only this special property can offer.

Mortgage Calculator

Est. Monthly Payment

$13,264

Principal & Interest$10,774
Property Tax$1,928
Insurance$562
%($385,600)
%
Loan Term

Location

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Zoned Schools

  • Elementary

    Live Oak Elementary · grades K-6 · Fallbrook Union Elementary

  • Middle

    James E. Potter Intermediate · grades 7-8 · Fallbrook Union Elementary

  • High

    Fallbrook High · grades 9-12 · Fallbrook Union High

The district's assigned schools for this parcel, from its attendance boundaries and rules. Boundaries change: confirm with the district before you buy.

Investment Score

1D
Est. Monthly Rent
$5,153

8 leases of houses within 2 mi, size-adjusted · $5,079–$5,316

Blended 50/50 with the zip's market median ($5,090)

Monthly Cashflow

Rent − PITIA

-$8,111
Full Cashflow

Incl. vacancy, PM, maint, capex

-$10,903

What would make this work?

$10,903/mo short at 20% down; +$14,160/mo rent closes it.

Break-even price

73% under asking

$514,421
Break-even rent

$14,160/mo above the estimate

$19,313/mo
Cashflow at 35% down
−$8,883/mo
Down payment to break even

Negative even all-cash

Not reachable
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$10,774
Cap Rate
0.08%
Cash-on-Cash
-33.93%
DSCR

Need ≥ 1.25 for DSCR loan

0.39

NOI (Annual)
$1,546
Price-to-Rent

Lower = better for investors

31.2

* Modelled at 20% down, 7.49% rate, 30yr · vacancy 8% · PM 10% · capex 5% · maintenance 1%/yr.

Estimates only. Not financial advice. Verify all figures independently with a licensed professional before making any investment decision.

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DCashflow−$10,903/mo