
3508 Vista Corona
Dbottom 20%Fallbrook, CA 92028
Pass at asking: -$11,660/mo full cashflow at 20% down, 7.36% rate.
Works at $573,331 (73% under asking); even all cash loses money at asking.
Rent $5,690/mo from 6 leases of 4–6 bed houses in 92028 ($5,244–$5,870).
Beds
5
Baths
5
Sqft
4,122
Year Built
2002
Days on Market
150
Property Type
Single Family
HOA/mo
N/A
MLS ID
SW26116914
This property is in Fallbrook (92028). Browse neighborhood analytics →
About This Property
Perched upon one of the most coveted hilltops, this extraordinary gated estate captures what may be the most breathtaking panoramic valley views in all of Fallbrook. A rare combination of luxury, privacy, and resort-style living, this extensively upgraded property has been thoughtfully enhanced with nearly $280,000 in improvements and amenities designed to elevate every aspect of daily life. The main residence showcases an open-concept plan filled with natural light and framed by spectacular views from nearly every room. At the heart of the home is a beautifully remodeled chef's kitchen featuring premium appliances, high-end finishes, and seamless flow into the living, dining, and family rooms, creating an ideal environment entertaining and everyday living. Upgraded Anderson windows and Milgard sliders further enhance the home's connection to its stunning surroundings. The primary suite serves as a private sanctuary, offering sweeping views of the valley and resort grounds, a spacious retreat, an expansive walk-in closet, and a luxurious spa-inspired bathroom that has been thoughtfully renovated with premium finishes and fixtures. Beyond the main residence, the estate unfolds into a collection of exceptional indoor and outdoor spaces. A detached ADU provides complete independence with its own living room, dining area, kitchen, and full bathroom, making it ideal for guests, extended family, or multi-generational living. Additional detached structures include a dedicated recreation room and a private yoga/exercise studio. Designed to rival a private resort, the grounds feature a stunning infinity-edge pool and spa overlooking the valley below, an outdoor kitchen and barbecue area, multiple gathering spaces, and a freestanding pergola anchored by a cozy outdoor fireplace. Mature landscaping, extensive fencing, gated access, and thoughtful site planning create a remarkable sense of privacy while preserving the property's commanding views. Additional highlights include SOLAR, RV PARKING, upgraded bathrooms throughout, remodeled fireplaces, new pool equipment including pumps, heaters, lighting and tile, two storage out-buildings, and extensive property improvements that reflect true pride of ownership. This is a rare opportunity to own one of Fallbrook's premier view properties--an exceptional estate where luxury, comfort, and unforgettable scenery come together in perfect harmony. Welcome Home!
Mortgage Calculator
Est. Monthly Payment
$14,292
Location
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Zoned Schools
Elementary
La Paloma 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.
Comparable Properties
5 comps foundThis Property
$5,690
Comp Average
$6,011
4709 Briana Court
5bd / 5.5ba · 4,225 sqft · Single Family
$1.90M
Est. $6,992/mo
5148 Minneola Drive
5bd / 4.5ba · 4,357 sqft · Single Family
$1.99M
Est. $5,850/mo
3026 Via Loma
5bd / 5.5ba · 4,315 sqft · Single Family
$2.00M
Est. $5,822/mo
1387 Las Vistas
5bd / 4ba · 4,000 sqft · Single Family
$2.10M
Est. $5,605/mo
19 Gateview Drive
5bd / 5ba · 4,260 sqft · Single Family
$2.00M
Est. $5,785/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
6 leases of 4–6 bed houses in 92028 · $5,244–$5,870
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$11,660/mo short at 20% down; +$15,142/mo rent closes it.
- Break-even price
- $573,331
- Break-even rent
- $20,832/mo
- Cashflow at 35% down
- −$9,488/mo
- Down payment to break even
- Not reachable
- Rate to break even
- Not reachable
73% under asking
$15,142/mo above the estimate
Negative even all-cash
Negative even at a 0% loan
Need ≥ 1.25 for DSCR loan
Lower = better for investors
* Modelled at 20% down, 7.36% 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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