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Off market jan 2019 for $485K

$726,474

Est. refi paymentEst. refi $3,181/mo

•

1,283

sq ft

2462 Gum Tree Ln, Fallbrook, CA 92028

About this home

This property is very rare and the price has been reduced for a quick sale. The lot is very large: 6 AC total. The lot is zoned R1 currently with an A70 classification for commercial/farming level water usage. The property was previously used as an citrus grove with a 1.5 inch water meter service. We reached out to a local winery about putting in grape vines. Become a "Gentlemen Farmer" the property has income potential. Also, equestrian uses are also allowed. The view is breathtaking of the rolling hills surrounding this property. Cozy two bedroom house could use some upgrades to make it more modern. Freshly painted inside with new door hardware. Regarding the Foreclosure status, this is not a Short Sale. The bank will be paid in full at the close of escrow. This sale will be a normal escrow, we don't require permission from the bank during to close escrow. The seller is motivated to sell. All offers will be considered.

Single-familyProperty Type

1959Year Built

6.01 acresLot Size

$566Est. Price/Sq.Ft.

2 car garageParking

Listed by Donald Golding •DRE #01492600 • Balboa Real Estate, Inc.

Bought with Donald Golding •DRE #01492600 • Balboa Real Estate, Inc.

Redfin checked: 2 minutes ago

•Source:CRMLS #PW18177855

Redfin Estimate

$726,474

$241K since sold in January 2019$1,000 since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 18% lower than the average sale price ($886K) of 6 comparable homes.

SOLD MAY 18, 2026
$855,000
A
2 beds2 baths1,430 sq ft
1027 S Live Oak Park, Fallbrook, CA 92028
SOLD AUG 5, 2026
$760,000
B
1 bed2 baths1,357 sq ft
2557 Live Oak Park Rd, Fallbrook, CA 92028
SOLD MAY 15, 2026
$749,000
C
2 beds2 baths1,382 sq ft
3360 Toyon Heights Dr, Fallbrook, CA 92028
SOLD JUL 27, 2026
$1,210,000
D
2 beds2 baths1,200 sq ft
1104 Sierra Bonita, Fallbrook, CA 92028
SOLD JUL 9, 2026
$690,000
E
2 beds2 baths1,408 sq ft
1776 Saint Peters, Fallbrook, CA 92028
BOUGHT WITH REDFIN JUL 15, 2026
$1,050,000
F
3 beds2 baths1,760 sq ft
1010 Quail Crk, Fallbrook, CA 92028

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Earn from this home

Sell

$361,121

Est. take-home

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Est. cash available

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Rent

$3,244/mo

Redfin rental estimate

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Market trends in 92028, CA

Last updated September 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

99.3%

0.3% MoM

Median sale price

$885K

$2K MoM

Avg. days on market

50d

10 days MoM

Recently sold homes

176

0 MoM

New listings for sale

COMING SOON
$949,000
3 beds2.5 baths1,784 sq ft
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Century 21 Masters
$1,499,000
4 beds4.5 baths2,723 sq ft
525 Stewart Canyon Rd, Fallbrook, CA 92028
COMING SOON
$1,500,000
5 beds3.5 baths2,996 sq ft
39150 Daily Rd, Fallbrook, CA 92028
First Team Real Estate
FOR SALE BY OWNER
$1,555,000
4 beds4 baths3,118 sq ft
3398 Via del Cielo, Fallbrook, CA 92028
NEW 29 HRS AGO
$980,000
3 beds2 baths2,280 sq ft
929 Pepper Tree Ln, Fallbrook, CA 92028
COMING SOON
$1,199,900
4 beds3 baths2,100 sq ft
210 Rancho Camino, Fallbrook, CA 92028
Top Tier Realty
OPEN SUN, 1PM TO 3PM
$850,000
3 beds2 baths1,623 sq ft
39339 De Luz Rd, Fallbrook, CA 92028
OPEN SUN, 11AM TO 2PM
$995,000
4 beds3 baths2,920 sq ft
2286 Crest Hill Ln, Fallbrook, CA 92028
Berkshire Hathaway HomeService
3D WALKTHROUGH
$359,900
1 bed1 bath729 sq ft
1620 Pala Lk, Fallbrook, CA 92028
OPEN SUN, 11AM TO 2PM
$890,000
4 beds3 baths2,445 sq ft
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See all

Provided by Redfin

Redfin agents who toured

This house needs some work as there is no flooring in most of the rooms. The bedrooms are located on the left side of the home. The range is electric. There is lots of usable flat acreage.
8 years ago• May not reflect the current state of the home
Lauren Allison
Redfin Associate agent

Sale history for 2462 Gum Tree Ln

Date

Event

Price

BUILDIUM #1

Apr 13, 2025

Rental Removed

$2,800

$2/sq ft

Mar 17, 2025

Price Changed

$2,800

$2/sq ft

Feb 18, 2025

Price Changed

$2,850

$2/sq ft

Feb 12, 2025

Price Changed

$2,950

$2/sq ft

Jan 18, 2025

Listed for Rent

$2,995

$2/sq ft

Oct 30, 2023

Rental Removed

$2,995

$2/sq ft

Oct 22, 2023

Listed for Rent

$2,995

$2/sq ft

CRMLS #PW18177855

Jan 24, 2019

Sold

$485,000

$378/sq ft

Dec 11, 2018

Pending

—

Dec 5, 2018

Relisted

—

Nov 1, 2018

Pending

—

Oct 13, 2018

Price Changed

$479,000

$373/sq ft

Sep 14, 2018

Price Changed

$498,000

$388/sq ft

Aug 17, 2018

Price Changed

$515,000

$401/sq ft

Jul 22, 2018

Listed

$535,000

$417/sq ft

Jul 22, 2018

Listed

$479,000

$373/sq ft

CRMLS #120035653

Jan 30, 2013

Listing Removed

—

Aug 18, 2012

Listing Removed

—

Jul 13, 2012

Listed

$249,500

$194/sq ft

CRMLS #T12126085

Dec 7, 2012

Sold

$375,000

$292/sq ft

Oct 29, 2012

Pending

—

Oct 10, 2012

Listed

$399,900

$312/sq ft

CRMLS #120051029

Dec 7, 2012

Sold

$375,000

$292/sq ft

Oct 8, 2012

Listed

$399,900

$312/sq ft

CRMLS #120030114

Jul 13, 2012

Listing Removed

—

Jun 12, 2012

Listed

$449,000

$350/sq ft

CRMLS #100005206

Sep 27, 2010

Listing Removed

—

Jan 27, 2010

Listed

$499,000

$389/sq ft

CRMLS #100004964

Sep 26, 2010

Listing Removed

—

Jan 26, 2010

Listed

$499,000

$389/sq ft

CRMLS #51032017

Jan 21, 2008

Listing Removed

—

May 10, 2005

Listed

$1,450,000

$1,130/sq ft

CRMLS #41034288

Dec 14, 2004

Listing Removed

—

Jun 14, 2004

Listed

$1,395,000

$1,087/sq ft

Public Records

Jun 10, 2004

Sold

$650,000

$507/sq ft

CRMLS #41014299

Jun 10, 2004

Sold

$575,000

$448/sq ft

Mar 18, 2004

Listed

$650,000

$507/sq ft

Year

Property tax

Land + Additions

Assessment*

2025

$5,930 (+2.4%)

$412,044 + $139,797

$551,841

2024

$5,792 (+1.8%)

$403,965 + $137,056

$541,021

2023

$5,689

$396,045 + $134,369

$530,414

2022

$5,692 (+3.4%)

$388,280 + $131,735

$520,015

2021

$5,505 (−0.8%)

$380,667 + $129,152

$509,819

2020

$5,550 (+18.8%)

$373,203 + $126,620

$499,823

2019

$4,672 (+1.5%)

$369,377 + $125,322

$494,699

2018

$4,604 (+1.9%)

$309,091 + $104,868

$413,959

2017

$4,517 (+2.5%)

$297,090 + $100,797

$397,887

2016

$4,407 (+1.5%)

$297,090 + $100,797

$397,887

2015

$4,340 (+1.9%)

$291,265 + $98,821

$390,086

2014

$4,261 (+1.0%)

$281,271 + $95,431

$376,702

2013

$4,217 (−6.9%)

$281,271 + $95,431

$376,702

2012

$4,529 (−8.4%)

$280,000 + $95,000

$375,000

2011

$4,944 (−42.0%)

$310,000 + $90,000

$400,000

2010

$8,521 (+1.2%)

$350,000 + $90,000

$440,000

2009

$8,417 (−4.5%)

$682,000 + $98,000

$780,000

2008

$8,809

$682,000 + $98,000

$780,000

Tax history for 2462 Gum Tree Ln

Year

Property tax

Land + Additions

Assessment*

2025

$5,930 (+2.4%)

$412,044 + $139,797

$551,841

2024

$5,792 (+1.8%)

$403,965 + $137,056

$541,021

2023

$5,689

$396,045 + $134,369

$530,414

2022

$5,692 (+3.4%)

$388,280 + $131,735

$520,015

2021

$5,505 (−0.8%)

$380,667 + $129,152

$509,819

2020

$5,550 (+18.8%)

$373,203 + $126,620

$499,823

2019

$4,672 (+1.5%)

$369,377 + $125,322

$494,699

2018

$4,604 (+1.9%)

$309,091 + $104,868

$413,959

2017

$4,517 (+2.5%)

$297,090 + $100,797

$397,887

2016

$4,407 (+1.5%)

$297,090 + $100,797

$397,887

2015

$4,340 (+1.9%)

$291,265 + $98,821

$390,086

2014

$4,261 (+1.0%)

$281,271 + $95,431

$376,702

2013

$4,217 (−6.9%)

$281,271 + $95,431

$376,702

2012

$4,529 (−8.4%)

$280,000 + $95,000

$375,000

2011

$4,944 (−42.0%)

$310,000 + $90,000

$400,000

2010

$8,521 (+1.2%)

$350,000 + $90,000

$440,000

2009

$8,417 (−4.5%)

$682,000 + $98,000

$780,000

2008

$8,809

$682,000 + $98,000

$780,000

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Zoning

Beds

Baths

Stories

—

Lot width

—

Lot depth

—

Lot size

6.01 Acres

Year renovated

1959

Sq. Ft.

1,283

Year built

1959

Style

Single Family Residential

County

San Diego County

APN

1057506200

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Aug 20, 2026.

A70

Limited Agricultural Zone

The A70 Use Regulations are intended to create and preserve areas intended primarily for agricultural crop production. Additionally, a limited number of small farm animals may be kept and agricultural products raised on the premises may be processed. Typically, the A70 Use Regulations would be applied to areas throughout the County to protect moderate to high quality agricultural land.

Permitted uses

Include but are not limited to:

Agriculture
Housing
Processing
Fire house
Police station
Agriculture-Cropland
Agriculture-Grove / orchard
Park & open space

Property details

Parking

Parking / Garage Information
Attached Garage
# of Garage Spaces: 2
# of Parking Spaces: 2

Interior

Laundry Information
Has Laundry
Electric Dryer Hookup, Washer Hookup

Kitchen Information
Appliances: Electric Stove
Has Appliances

Bathroom Information
# of Baths (Full): 2
Shower

Room Information
All Bedrooms Down, Laundry, Living Room, Primary Bedroom

Fireplace Information
Living Room
Has Fireplace

Flooring Information
Carpet, Tile

Heating Information
Radiant
Has Heating

Interior Features
Levels: One
Main Level Bathrooms: 2
Main Level Bedrooms: 2

Exterior

Exterior Features
Pool Features: None

Lot Information
Elevation Units: Feet
Lot Size Source: Assessor's Data
Lot Features: 6-10 Units/Acre

Property Information
Total # of Units: 1
Common Walls: No Common Walls
Parcel Number: 1057506200
Has View
Year Built Source: Assessor

Utilities

Utilities Information
Electric: Electricity - On Property
Sewer: Septic Type Unknown
Water Source: District/Public

Location

Neighborhood Information
Community Features: Foothills

School Information
High School District: Fallbrook Union

Location Information
Latitude: 33.38880100
Longitude: -117.20929100
Directions: Mission Rd to Gum Tree Lane, turn north.
Zoning: R1

Public facts

Beds: 2
Baths: 2.0
Sq. Ft.: 1,283
Stories: —
Lot Size: 6.01 acres
Style: Single Family Residential
Year Built: 1959
Year Renovated: 1959
County: San Diego County
APN: 1057506200

Home facts updated by county records on Aug 20, 2026

Other

Listing Information
Days Active in MLS: 106
Continuous Days Active in MLS: 106

Listing Agent Information
List Agent First Name: Donald
List Agent Last Name: Golding

Listing Office Information
List Office Name: Balboa Real Estate, Inc.

Selling Agent Information
Buyer Agent First Name: Donald
Buyer Agent Last Name: Golding

Selling Office Information
Buyer Office Name: Balboa Real Estate, Inc.

Around this home

Schools

William H. Frazier Elementary School

Public K-6 • Assigned • 0.9mi

7/10

James E. Potter Intermediate School

Public 7-8 • Assigned • 1.7mi

5/10

Fallbrook High School

Public 9-12 • Assigned • 3.4mi

6/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

7/10 Fire Factor

19% chance of being in a wildfire in next 30 years

7/10 Heat Factor

8 days above 94° expected this year, 25 days in 30 years

1/10 Wind Factor

Minimal risk of severe winds over next 30 years

4/10 Air Factor

5 unhealthy days expected this year, 6 days in 30 years

Provided by First Street

Historical weather

Fallbrook, CA • 92028

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 9.2 hours in June and 7.2 hours in December, placing it above the U.S. average for solar exposure.

9.2 hrs

7.2 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$691,000 – $836,000

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Home values near 2462 Gum Tree Ln

Data from public records.

Address	Redfin Estimate
2493 Gum Tree Ln, Fallbrook, CA 3 Beds \| 2 Baths \| 2012 Sq. Ft.	$774,332
2408 Gum Tree Ln, Fallbrook, CA 3 Beds \| 2 Baths \| 1684 Sq. Ft.	$840,090

Address	Redfin Estimate
2505 Gum Tree Ln, Fallbrook, CA 4 Beds \| 1.5 Baths \| 1815 Sq. Ft.	$573,751
2438 Gum Tree Ln, Fallbrook, CA 3 Beds \| 2 Baths \| 2696 Sq. Ft.	$700,748

Address	Redfin Estimate
2420 Gum Tree Ln, Fallbrook, CA 3 Beds \| 2 Baths \| 1768 Sq. Ft.	$903,175
2466 Gum Tree Ln Apt 68, Fallbrook, CA 2 Beds \| 2 Baths \| 1956 Sq. Ft.	$834,641

Property information provided by undefined .

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Earn from this home

Market trends in 92028, CA

Redfin agents who toured

Sale history for 2462 Gum Tree Ln

Tax history for 2462 Gum Tree Ln

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 92028

Home values near 2462 Gum Tree Ln

More real estate resources