NOT LISTED FOR SALE

701 E Fallbrook St Fallbrook, CA 92028

Estimated Value: $1,431,687 - $1,503,000

4 Beds
4 Baths
2,817 Sq Ft
$523/Sq Ft Est. Value

Last Sold September 05, 2025

Last sale price $1,495,000 $531 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $8,825/month

51 Days on Market

Highlights

  • Filtered Pool
  • Solar Power System
  • Craftsman Architecture
  • La Paloma Elementary School Rated 9+
  • Panoramic View
  • Deck

About This Home

As of September 2025

Welcome to your dream home in beautiful Fallbrook, CA! This stunning 4-bedroom, 4-bathroom, 3-car garage modern farmhouse with a circle driveway spans over 2,800 square feet and sits on more than an acre of private, fenced land. Enjoy breathtaking mountain views and incredible sunsets from your expansive deck that spans the entire back of the home. This single-story home is an entertainer's paradise, featuring a covered poolside patio, a spa-inspired backyard with a covered pergola, a pool bath, a shower, and changing rooms. The property offers plenty of space to lot split or add a junior ADU and ADU, making it perfect for extended family or rental income. The property boasts over half an acre of frontage, complete with an 8x12 shed on a concrete slab, two dog kennels on concrete slabs, two chicken coops, and a variety of fruit trees, including lemon, lime, and orange. An ancient olive tree and nearly two dozen palm trees add to the charm of this incredible property. Recent upgrades totaling over $250K include solar panels, pool solar heating, pool resurfacing, new pool plumbing and filter, whole-home custom gutters, new plumbing drains from the home to the road, new A/C, a new tankless hot water heater, garage floor epoxy, drip irrigation, landscape lighting, and much more. The property is newly fenced with white vinyl fencing and includes a double-gated RV parking area with hook-ups. Don't miss the opportunity to own this exceptional home that combines luxury, comfort, and endless possibilities. Schedule a viewing today and experience the best of Fallbrook living!

Last Agent to Sell the Property

Jamie Edens

The Associates Realty Group License #01968206 Listed on: 02/28/2025

Last Buyer's Agent

Anselmo Martinez

Anselmo Martinez, Broker License #01889991

Anselmo Martinez, Broker

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1946

Lot Details

  • Private Streets
  • Kennel
  • Dog Run
  • Gated Home
  • Property is Fully Fenced
  • Privacy Fence
  • Vinyl Fence
  • Block Wall Fence
  • Chain Link Fence
  • New Fence
  • Value in Land
  • Property is zoned R-1:SINGLE

Parking

  • 3 Car Attached Garage
  • Side or Rear Entrance to Parking
  • Two Garage Doors
  • Garage Door Opener

Property Views

  • Panoramic
  • City Lights
  • Views of a landmark
  • Mountain
  • Pool

Home Design

  • Craftsman Architecture
  • Composition Roof
  • Cedar

Interior Spaces

  • 2,817 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Formal Entry
  • Family Room with Fireplace
  • Great Room
  • Living Room
  • Formal Dining Room
  • Utility Room

Kitchen

  • Walk-In Pantry
  • Gas Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Disposal

Flooring

  • Partially Carpeted
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Retreat
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Eco-Friendly Details

  • ENERGY STAR Qualified Equipment for Heating
  • Solar Power System
  • Sprinkler System

Pool

  • Filtered Pool
  • Solar Heated In Ground Pool
  • Gunite Pool
  • Fence Around Pool
  • Pool Equipment or Cover

Outdoor Features

  • Deck
  • Covered Patio or Porch

Farming

  • Machine Shed
  • Livestock

Utilities

  • Forced Air Zoned Cooling and Heating System
  • High Efficiency Air Conditioning
  • ENERGY STAR Qualified Air Conditioning
  • High Efficiency Heating System
  • Vented Exhaust Fan
  • Heating System Uses Natural Gas
  • Tankless Water Heater
  • Water Purifier

Community Details

  • Fallbrook Subdivision

Home Details

Home Type

Single Family

Year Built

Built in 1946

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Architectural Style: Craftsman
  • Year Built: 1946
  • Unit Levels: 1 Story
  • Property Sub Type: Detached
  • Security Features: Smoke Detector, Carbon Monoxide Detectors
  • Co List Office Mls Id: 7567
  • Subdivision Name: FALLBROOK
  • Directions: E. Fallbrook St
  • Living Area: 2817.0
  • FeedTypes: IDX
  • RFModificationTimestamp: 2025-09-06T00:21:29Z
  • ADU_YesNo: No
  • AgeRestrictions: N/K
  • FullAddress: 701 E Fallbrook St
  • Miscellaneous: Dog Run, Kennel, Livestock Allowed, Value in Land, Gutters
  • Ownership: Fee Simple
  • ShortSale: No
  • Site: Private Street
  • SupplementRemarks: Comments from the Sellers: What we love about the property... the single-story modern farmhouse design that expands across nearly half the property providing mountain views and truly captivating sunsets from almost every room, including the spa-inspired pool area. The four over-sized glass sliding doors bring in tons of natural light, provide endless mountain views and allow for a seamless transition to the home's two outdoor living spaces, the expansive rear deck and covered pool lanai. Perched on a hillside overlooking the village of Fallbrook, the property is both private and within walking distance to historic downtown, which offers quaint coffee shops, small boutiques, family-owned eateries, a weekend farmer's market, and holiday parades throughout the year. The 1+ acre lot provides incredible income potential or multi-generational living because of the ability to split the lot into two separate parcels and add up to 3 additional dwelling units. The fully fenced property includes a gated front lot with RV parking with hook-ups, fruit trees, dog runs and kennels, chicken coops, a storage shed and room for gardening. The separate rear fenced area is perfect for family activities such as corn hole, horseshoes, badminton, volleyball, fire pit, and more. The 3-car garage includes, epoxy floors, LED lights, workshop benches and cabinets, overhead storage racks/cubbies, and an expansive full-length double closet. A tremendous amount of upgrades and improvements were poured into the property as we thought this would be our forever home, which totaled over $250K and include: new plumbing drain lines throughout the home all the way to the street, 23 solar panels (paid off at closing), pool solar heating, a complete pool renovation (resurfaced with mini-pebble, new LED pool light and wiring, new supply and return plumbing, new skimmer, and new pool filter), whole-home custom gutters, new white vinyl fencing encompassing the property, most with ground-level blocking to prevent animals digging under the fence, electric shades for the four sliding doors, custom-built shelves in the pantry, laundry, and primary bathroom, new air conditioning condenser, new tankless hot water heater, addition of 7 new palm trees around the pool, and numerous other ground plants and shrubs, all with drip irrigation and 4 zones, new LED landscape lighting, custom decorative 3ft fencing in the pool area, five new custom gates for the pool area, rear deck, and lower rear yard, sliding door added to secondary bedroom for private access, LVP matching flooring added to two secondary bedrooms, custom tile added to laundry area and under islands, all door hardware throughout the home replaced, new overhead lighting added to family room, numerous fixtures replaced to match theme, reverse osmosis water filtration system added with sink dispenser, plus wired for outdoor speakers and video surveillance and still more, but too much to list. This property is a true gem, a one of a kind that cannot be duplicated or found anywhere else in the county. Its location is ideal for those who want a country feel and privacy, but still close to modern conveniences. Only 55 minutes to downtown San Diego, 20 miles to Oceanside beaches, 10 miles to Old Town Temecula and Wine Country, minutes to I-15, Camp Pendleton, and several local casinos. Being so close to town allows the home to be on city water, sewer, gas, and outside of the very high fire hazard zone, so homeowner's insurance is much lower than most other homes in the region. This is an amazing home and one that we are going to be sad to let go after pouring so much of our love and sweat into. Book your showing today and come see this amazing property for yourself.
  • WaterHeaterType: Tankless
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Total Bedrooms: 4
  • Appliances: Dishwasher, Disposal, Dryer, Garage Door Opener, Microwave, Pool/Spa/Equipment, Refrigerator, Shed(s), Solar Panels, Washer, Energy Star Appliances, Gas Oven, Gas Stove, Vented Exhaust Fan, Gas Range, Water Purifier, Counter Top, Gas Cooking
  • Fireplace Features: FP in Family Room, Wood
  • Fireplaces: 1
  • Flooring: Partially Carpeted, Vinyl Tile

Exterior Features

  • Fencing: Full, Gate, New Condition, Privacy, Vinyl, Blockwall, Chain Link
  • Roof: Composition
  • View: Evening Lights, Mountains/Hills, Panoramic, Pool, Landmark, City Lights
  • Pool Features: Below Ground, Private, Solar Heat, Gunite, Heated, Fenced, Filtered
  • Construction Type: Board & Batten Siding, Cedar
  • Patio And Porch Features: Covered, Deck, Patio, Porch - Front

Garage/Parking

  • Garaged Spaces: 3.0
  • Parking Features: Attached, Garage - Side Entry, Garage - Two Door, Garage Door Opener
  • Total Parking Spaces: 13.0

Utilities

  • Cooling: Central Forced Air, Zoned Area(s), Energy Star, High Efficiency
  • Heating: Forced Air Unit, Energy Star, High Efficiency
  • Sewer: Public Sewer
  • Laundry Features: Washer Hookup, Gas & Electric Dryer HU
  • Water Source: Public
  • HeatSource: Natural Gas

Lot Info

  • Zoning: R-1:SINGLE

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2025
Closed on
Aug 15, 2025
Sold by
Edens Jamie and Edens Kristen
Bought by
Barnhill Scott and Haines Morgan
Seller's Agent
Jamie Edens
The Associates Realty Group
Buyer's Agent
Anselmo Martinez
Anselmo Martinez, Broker
List Price
$1,495,000
Sold Price
$1,495,000
Views
160
Current Estimated Value
$1,473,172

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$21,828
Avg. Annual Appreciation
-4.78%
Original Mortgage
$450,000
Outstanding Balance
$448,435
Interest Rate
5.87%
Mortgage Type
New Conventional
Estimated Equity
$1,024,737

Purchase Details

Closed on
Mar 16, 2023
Sold by
Mm Diamond Investments Llc
Bought by
Edens Jamie and Edens Kristen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$961,875
Interest Rate
6.27%
Mortgage Type
VA

Purchase Details

Closed on
Aug 18, 2022
Sold by
Kenneth Perez
Bought by
Mm Diamond Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$595,000
Interest Rate
5.54%
Mortgage Type
Construction

Purchase Details

Listed on
Sep 10, 2020
Closed on
Oct 15, 2020
Sold by
Aade Rml Llc
Bought by
Perez Kenneth
Seller's Agent
Scott Varley
Excel Properties
Buyer's Agent
Terry Terflinger
Terry Terflinger Appraisal
List Price
$625,000
Sold Price
$620,000
Premium/Discount to List
-$5,000
-0.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.53%
Original Mortgage
$496,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 3, 2020
Sold by
Athene Annuity & Life Assurance Company
Bought by
Aade Rml Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$496,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 11, 2020
Sold by
Halverson Stephen S
Bought by
Athene Annuity & Life Assurance Company

Purchase Details

Closed on
Apr 7, 2008
Sold by
Halverson Stephen S
Bought by
Halverson Stephen S and Halverson Paula M

Purchase Details

Closed on
Apr 27, 2007
Sold by
Halverson Paula M
Bought by
Halverson Stephen S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
6.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 2, 2007
Sold by
Halverson Doris G
Bought by
Halverson Stephen S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
6.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 4, 2005
Sold by
Halverson Doris G
Bought by
Halverson Doris G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
3.75%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 16, 2003
Sold by
Halverson Doris Grace
Bought by
Halverson Doris G

Purchase Details

Closed on
Jun 9, 2000
Sold by
Conley F Alec F and Conley Mary N
Bought by
Halverson Doris Grace

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,000
Interest Rate
8.18%

Purchase Details

Closed on
Oct 4, 1999
Sold by
Larkin Donald N and Larkin Diana J
Bought by
Conley F Alec F and Conley Mary N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Interest Rate
7.76%

Purchase Details

Closed on
Mar 31, 1989
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Barnhill Scott $1,495,000 Wfg National Title
Edens Jamie $1,196,000 Ticor Title
Mm Diamond Investments Llc $725,000 Ticor Title
Perez Kenneth $620,000 Servicelink
Aade Rml Llc -- Servicelink
Athene Annuity & Life Assurance Company $590,000 Accommodation
Halverson Stephen S -- None Available
Halverson Stephen S -- Chicago Title Co
Halverson Stephen S $800,000 Chicago Title Co
Halverson Doris G -- --
Halverson Doris G -- Chicago Title Co
Halverson Doris G -- --
Halverson Doris Grace $320,000 California Title Company
Conley F Alec F $305,000 Chicago Title
-- $235,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barnhill Scott $450,000
Previous Owner Edens Jamie $961,875
Previous Owner Mm Diamond Investments Llc $595,000
Previous Owner Perez Kenneth $496,000
Previous Owner Halverson Stephen S $600,000
Previous Owner Halverson Doris G $500,000
Previous Owner Halverson Doris Grace $213,000
Previous Owner Conley F Alec F $155,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/05/2025 09/05/25 Sold $1,495,000 0.0% $531 / Sq Ft
04/21/2025 04/21/25 Pending -- -- --
02/28/2025 02/28/25 For Sale $1,495,000 +25.1% $531 / Sq Ft
05/26/2023 05/26/23 Sold $1,195,000 -0.1% $424 / Sq Ft View Prior Sale
03/15/2023 03/15/23 Pending -- -- --
02/23/2023 02/23/23 For Sale $1,195,900 0.0% $425 / Sq Ft
02/12/2023 02/12/23 Pending -- -- --
02/09/2023 02/09/23 For Sale $1,195,900 +92.9% $425 / Sq Ft
11/20/2020 11/20/20 Sold $620,000 -0.8% $220 / Sq Ft View Prior Sale
10/13/2020 10/13/20 Pending -- -- --
09/10/2020 09/10/20 For Sale $625,000 -- $222 / Sq Ft
Source: San Diego MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $12,996 $1,244,006 $676,260 $567,746
2024 $12,996 $1,219,614 $663,000 $556,614
2023 $7,703 $725,000 $526,210 $198,790
2022 $6,862 $632,400 $459,000 $173,400
2021 $6,635 $620,000 $450,000 $170,000
2020 $4,842 $449,698 $129,922 $319,776
2019 $5,734 $440,881 $127,375 $313,506
2018 $4,675 $432,237 $124,878 $307,359
2017 $4,582 $423,763 $122,430 $301,333
2016 $4,466 $415,455 $120,030 $295,425
2015 $4,388 $409,216 $118,228 $290,988
2014 $4,304 $401,201 $115,913 $285,288
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 250020128

San Diego MLS

APN: 104-144-07