$550,000
●
House -
Off Market
1188 Sea Larke dr
Fallbrook, CA 92028
4 Beds
3 Baths
2,150 Ft²
$860,265
RealtyHop Estimate
52.26%
Since Jun 1, 2018
National-US
Primary Model
About This Property
1188 Sea Larke is an elegant, traditional home set on a half acre
near Fallbrook. It is a stately two story home with cathedral
ceilings and lovely views of the mountains to the East and the
numerous gardens on the property. It is an ideal family home,
with separate dining area, a breakfast nook, a den and a large
outdoor patio. The spacious back yard has an in-ground spa
surrounded by palm trees and an excellent eastern view. Two
fireplaces complete the warm welcome you will enjoy in this home.
Neighborhoods: Fallbrook Other Fees: 0 Sewer: Sewer Connected
Topography: LL
Unit Size
2,150 Ft²
Days on Market
144 days
Land Size
-
Price per sqft
$263
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1991
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100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 4 months ago (SDMLS #180000972)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 22, 2025 | Sold | ||
| Sold | |||
| Apr 22, 2025 | Listed by Real Broker | $849,000 | |
| Listed by Real Broker | |||
| | |||
|
Welcome to 1188 Sea Larke, a property brimming with potential in the heart of Fallbrook. Situated in a highly desirable, quiet, and beautiful neighborhood, this home offers endless possibilities for those looking to make their mark. With ample room to build an ADU (Accessory Dwelling Unit), Junior ADU or add on to the current layout, you’ll have the flexibility to expand and create your ideal sanctuary and living space. Fantastic property to explore multi-generational living. Enjoy being surrounded by lush mature landscape providing privacy and beauty as well as multiple fruit bering citrus trees. The downstairs common spaces were just refreshed with all new paint including the kitchen cabinets. Two of the 3 baths have been fully remodeled, new baseboards and new carpet! The home is just 0.5 miles from all schools, making it incredibly convenient for families. Whether you're looking to add your personal touches to the existing structure or explore development opportunities, this property provides the canvas to bring your vision to life. In addition, solar panels are installed (PPA), offering energy savings while reducing your environmental footprint. Don’t miss the opportunity to own a piece of Fallbrook with so much to offer – schedule a tour today!
| |||
| May 29, 2018 | Sold | ||
| Sold | |||
| Jan 5, 2018 | Listed by Realty Solution | $565,000 | |
| Listed by Realty Solution | |||
| Jul 8, 2017 | Listed | $559,000 | |
| Listed | |||
| | |||
|
"Too Romantic to Forget" Inground spa and lovely backyard with a Vegetable Garden & Eight Fruit Trees; Lemon, Grapefruit, Orange & Lemon. Beautiful Views form Your Private Master deck. Master Bedroom has a retreat with a cozy Fire Place & Reading Area/Art Studio. Boutique Restaurants, Wineries & Specialty Breweries close by. Currently an AirBNB with a Strong Income! This Home has SOLAR Electric @ $ .1544KWH !!! aprx. $45. per/mo please ask Agent for Details.The manager has listed the unit size as 2150 square feet.
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Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Fallbrook
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Listed by: Bill Johnson, Realty Solution
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 180000972
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 180000972
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