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421 Hillcrest Lane — Fallbrook — 3 Beds • 2 Baths • 1,227 Sq Ft | Belmont Brokerage | Belmont Brokerage

Active

+29 more

$699,000

5 DOM

$570/sqft3 bd2 ba1,227 sqft

Call

421 Hillcrest Ln Fallbrook, CA 92028

0.16sqft lot

Adorable Fallbrook 3 bedroom 2 Bath Retreat with FULLY PAID OFF SOLAR & Sweeping Views! Discover this captivating, home in Fallbrook, perfectly positioned on a quiet, friendly cul-de-sac. This move-in-ready gem offers an impeccable blend of efficiency and serene outdoor living. Enjoy the ultimate peace of mind with fully paid-off solar panels, providing significant utility savings year-round. No HOA'S for more savings. The interior features a bright and airy open floor plan that creates a seamless flow, making the home feel much larger than its square footage. This versatile, upgraded space is perfect for working from home, offering a quiet, productive atmosphere with plenty of natural light. Step outside to your private Oasis with fruit tree's ready for the picking. The backyard deck provides a front-row seat to wonderful, sweeping views of the surrounding De Luz mountains—the perfect spot for your morning coffee or sunset gatherings. The fully fenced yard offers a secure and private retreat, ideal for pets or outdoor relaxation in a landscaped setting. Located near the heart of Fallbrook, you'll enjoy a peaceful, small-town lifestyle while remaining close to local nature preserves and community amenities. Don't miss this unique opportunity to own a sustainable, scenic property !

MLS NDP2603397

760-458-8970 (Office) 760-458-8970 (Cell) bobgwyn@live.com

Est. payment

$4,467/mo

Principal & interestTaxesInsurance

$3,535$728$204

Down %

Rate %

Years

Down payment: $139,800 · Total cost: $1,412,229

Mortgage vs rent

Compare estimated owner carrying cost (same loan math as above) to a gross rent estimate from a price-based multiplier (not a comp lease).

Est. carrying cost$4,467/mo

Principal & interest: $3,535
Est. property tax: $728
Est. insurance: $204
Down payment: $139,800

Est. gross rent$2,913/mo

Gross rent ≈ list price ÷ (20 × 12). Adjust the multiplier to match how you underwrite (typical investor GRM bands are often ~16–24 for SFR, market-dependent).

Rent − carrying cost (illustrative)$-1,554/mo

Down payment20%

6.5% APR, 30-year amortization — same P&I formula as the payment calculator above.

Gross rent multiple (annual)20×

Not financial advice. Mortgage uses standard amortizing P&I; taxes and insurance are rough California-style estimates (1.25% / yr tax, 0.35% / yr insurance). Rent is gross (no vacancy or management); actual market rent requires comps or a lease listing.

Virtual Tour

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Price History

Event	Date	Price	Change
Listed	Apr 8, 2026	$699,000	—

Facts & Features

Transaction Data

Structure & Property

Year Built1971

Garage Spaces2

760-458-8970 (Office) 760-458-8970 (Cell) bobgwyn@live.com

Sale & Tax History

No Recent Sales History

We didn't find any closed transactions for this property in the last 5 years.

Location

421 Hillcrest Lane, Fallbrook, CA 92028

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421 Hillcrest Ln Fallbrook, CA 92028

About this home

Bob Gwyn

Est. monthly payment

Mortgage vs rent

Virtual Tour

Price History

Facts & Features

Transaction Data

Structure & Property

Bob Gwyn

Sale & Tax History

No Recent Sales History

Location

Location

Open Houses

Listing Agent

Presented by Belmont Brokerage Inc.

421 Hillcrest Lane, Fallbrook, CA 92028

About This Property

Property Photos

421 Hillcrest Ln Fallbrook, CA 92028

About this home

Bob Gwyn

Est. monthly payment

Mortgage vs rent

Virtual Tour

Price History

Facts & Features

Transaction Data

Structure & Property

Bob Gwyn

Sale & Tax History

No Recent Sales History

Location

Location

Open Houses

Listing Agent

Presented by Belmont Brokerage Inc.