ActiveResidential · sale

1094 Hillcrest View Lane

Fallbrook, CA 92028

$1,490,000

  • 4 beds
  • 4 baths
  • 3,657 sq ft
  • 1.5 acres
  • Built 2003

Listed by Berkshire Hathaway HomeServices California Properties · MLS #SW26156173

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A FEW THINGS TO NOTICE

What stands out.

Year built

Built in 2003.

Garage parking

2 garage spaces listed.

Property size

1.5 acres listed.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

Get to know the property.

Nestled at the end of a quiet paved road lies 1094 Hillcrest View Lane and this custombuilt estate brings 240 degree breathtaking views from the main entertaining level also the upstairs balcony off of a junior suite Concrete paver blocks lined with turf bring that grand estate feeling while driving towards the main entrance The other side brings you conveniently to your 2 car oversized garage with storage utility sink and tankless water heater Walking into the double entry doors youre met with incredibly high ceilings and custom windows allowing natural light to flow in and capturing the beautiful outdoor views The entire first floor has LVP flooring throughout and upgraded tile in the bathrooms and laundry room All electrical has been replaced and fixtures bring a fresh modern feel throughout The great room is spacious as well as cozy with a modern electric fireplace and builtin cabinets and shelving This openconcept design leads you to another sitting room a formal dining room and the kitchen which offers a breakfast nook for casual dining and a massive island with barstools The chefs kitchen has been completely remodeled allowing a functional design modern twotone cabinets and all the amenities youd need for a feast and best part everything is Brand New and never been used To the right is a full bathroom completely remodeled and laundry room with a 2nd floor chute The opposite wing of the house boasts a massive downstairs primary suite which has opportunity to close one simple wall and have a perfect casita or rental since it has its separate entrance and spectacular ensuite bathroom Recessed lighting views and even a nook for a future secondary washer and dryer exists on this wing The ensuite bathroom has a spalike feel with gorgeous accents massive walkin shower soaking tub and dual vanity Upstairs you have a loftstyle bar complete with minifridge and sink and a ton of storage Two guest rooms one is a junior suite share a spacious and upgraded bathroom and the junior suite offers a balcony perfect for relaxing or entertaining with its own separate entrance down to the main level as well Theres so much opportunity for multiple casita style rooms in this estate The second primary suite has been tastefully added on with permits offering another massive bedroom with fully remodeled ensuite bathroom Theres a detached workshop below along with two small corrals for horses or livestock MoveIn Ready
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THE NEIGHBORHOOD

Explore the location.

1094 Hillcrest View Lane, Fallbrook, CA 92028

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THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
2003
Full baths
4
Garage spaces
2
Cooling
CentralAir,Dual
Pool
No
Pool features
None
Subdivision
Fallbrook
Parcel
1055701800
HOA fee
$0.00

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

OWNERSHIP, WITH A PLAN

Investor outlook.

Explore this property’s rental potential with an all-cash purchase. Monthly rent starts at 5% of the purchase price per year, divided by 12. Adjust it and the other assumptions to explore your scenario.

These are planning assumptions, not a rental appraisal or a loan quote. The starting rent is a price-based estimate; a local leasing professional can help confirm market rent.

Investor outlook assumes an all-cash purchase. No mortgage payment is deducted.

Estimated monthly cash flow · cash purchase—
Estimated monthly rent$6,208.33
Cap rate—

Annual operating income: —

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Purchase price
Rental income & operating costs

Purchase price × 5% ÷ 12. Updates with purchase price until you enter a custom rent.

Annual insurance starts at purchase price × 0.25%, rounded to the nearest available amount. Updates with purchase price until you choose another amount.A planning estimate, not an insurance quote. Adjust it for your property and coverage.

Percentages are editable examples, not ERA fee quotes. Management is applied to rent after vacancy; maintenance and capital reserves use scheduled rent. Add owner-paid utilities, mortgage insurance and other recurring expenses under other costs.

How this scenario is calculated

Annual operating income is rent after vacancy, management, maintenance, taxes, insurance, HOA and other operating costs, before financing and capital reserves. Cap rate divides annual operating income by purchase price. Estimated monthly cash flow assumes an all-cash purchase: rent after vacancy, management, maintenance, taxes, insurance, HOA, other operating costs and capital reserves. No mortgage payment is deducted. The mortgage calculator is separate; loan payments would reduce cash flow for a financed purchase. One-time acquisition costs, renovations, income taxes, depreciation and appreciation are excluded.

Mortgage payment calculator

Explore financing separately. These loan settings do not change the all-cash investor outlook.

Mortgage assumptions

20% down and 7% interest are illustrative starting values.

Estimated monthly principal & interest—Loan payment only. Excludes property taxes, homeowners/flood insurance, mortgage insurance and HOA dues.

About this payment estimate

Based on a fixed-rate, fully amortizing loan with monthly payments and the price, down payment, interest rate and term you select. The interest rate is an example, not a current rate offer or APR; APR includes certain loan costs. This is an illustration, not a Loan Estimate, approval, offer of credit or commitment to lend.

Your actual payment, rate and eligibility depend on your lender, credit, loan program and property. Closing costs, points, prepaid expenses and lender fees are not included. Taxes and insurance may change, and mortgage insurance may be required, particularly with a down payment below 20%. Ask your lender for a Loan Estimate and a complete monthly payment including applicable taxes, insurance and fees.

Dollar results are rounded to the nearest cent; calculations retain precision until display. A cash purchase has no loan payment but still has ownership costs. Understand your total home payment (CFPB).

ERA PROPERTY MANAGEMENT

See its potential.
Have a plan for what follows.

Considering this property as a rental? Start with the numbers, then talk through the day-to-day with a local management team.

  1. Understand the opportunity.

    Review rental pricing, property condition and your ownership goals with a local professional.

  2. Make a strong first impression.

    Bring together property preparation, professional marketing and applicant screening.

  3. Stay connected to your investment.

    Get support with rent collection, resident communication, maintenance coordination and owner reporting.

Get a local rental estimateTalk through your management needs
Stone-front home with a landscaped lawn and central entry
A more complete plan for your property

LOCAL PEOPLE. SHARED COMMITMENT.

A team behind your next step.

From your first question to the everyday work of ownership, a conversation with the right person makes a difference.

Meet ERA Property Management

Residential management in Utah, Nevada and Texas. Service availability and rental eligibility must be confirmed for each property. Commercial and association services are available through our management services page.

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1094 Hillcrest View Lane, Fallbrook, CA 92028 · MLS #SW26156173

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Listing information

MLS #SW26156173 · California Regional MLS

Listing brokerage: Berkshire Hathaway HomeServices California Properties
Listing agent: Jennifer Wentz

Listing status: Active. Record updated . Confirm current availability and price with the listing agent.

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. "CRMLS" and is protected by all applicable Copyright © 2023 laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. Information deemed reliable but not guaranteed. Copyright © 2023 California Regional Multiple Listing Service, Inc. All rights reserved.