Don't miss out! Just in time for the holidays! Celebrate with family and friends in your new spacious home. Two Properties on a half acre lot. Country living with opportunity for additional income by renting out the second home. Plenty of room for your RV, and toys. Brand new solar powering both homes. Second home includes 1BR, a bonus & 1 BA. Nestled in the heart of Fallbrook just minutes away from downtown and the I-15.
Single-familyProperty Type
1952Year Built
0.5 acresLot Size
$417Est. Price/Sq.Ft.
8 spacesParking
Listed by Jose Fonseca Fonseca•DRE #01745450• Remax Country Realty
Contact: 760-504-7329
Bought with Artemio Jimenez•DRE #02129836• Remax Country Realty
An incredible opportunity in Fallbrook for 2 houses on 1 lot! Main house is a charming 4BR, 3BA single story nicely upgraded with stainless steel appliances, upgraded laminate flooring, and upgraded bathrooms. Functional, open floorplan with beautiful views of the yard. Situated on a flat and usable 0.5 acre lot provided endless potential for income potential, boomeranging children, in-laws, and more. Second house is a 1BR + a bonus, 1BA. Just minutes to downtown Fallbrook, the I-15 freeway, and more!. Neighborhoods: Fallbrook Equipment: Range/Oven Other Fees: 0 Sewer: Sewer Connected Topography: LL
SDMLS #200015319
May 6, 2020
Listing Removed
—
Apr 13, 2020
Price Changed
$639,000
$276/sq ft
Mar 31, 2020
Listed
$649,000
$281/sq ft
SDMLS #200015336
May 6, 2020
Listing Removed
—
May 5, 2020
Listing Removed
—
Apr 13, 2020
Price Changed
$639,000
$276/sq ft
Apr 12, 2020
Price Changed
$639,000
$276/sq ft
Mar 31, 2020
Listed
$649,000
$281/sq ft
Mar 31, 2020
Listed
$649,000
$281/sq ft
Greater Lansing AoR #SW18289686
Jan 29, 2019
Sold
$505,000
$218/sq ft
Jan 29, 2019
Sold
$505,000
$218/sq ft
Dec 31, 2018
Pending
—
Dec 12, 2018
Listed
$520,000
$225/sq ft
Dec 12, 2018
Listed
$520,000
$225/sq ft
CRMLS #180067258
Dec 17, 2018
Listing Removed
—
Dec 17, 2018
Listing Removed
—
Dec 12, 2018
Listed
$520,000
$225/sq ft
Dec 12, 2018
Listed
$520,000
$225/sq ft
Public Records
Apr 4, 2003
Sold
$335,000
$145/sq ft
CRMLS #1004990
Jun 16, 2000
Sold
$214,000
$93/sq ft
Mar 20, 2000
Listed
$215,000
$93/sq ft
Public Records
Jul 10, 1989
Sold
$135,000
$58/sq ft
Public Records
Dec 23, 1983
Sold
$92,000
$40/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$9,721 (+2.4%)
$595,337 + $324,729
$920,066
2024
$9,490 (+10.0%)
$583,664 + $318,362
$902,026
2023
$8,624 (+33.3%)
$572,220 + $312,120
$884,340
2022
$6,468 (+3.5%)
$526,000 + $287,000
$813,000
2021
$6,250 (+11.5%)
$244,800 + $351,900
$596,700
2020
$5,607 (+18.3%)
$240,000 + $345,000
$585,000
2019
$4,739 (+1.5%)
$192,200 + $322,899
$515,099
2018
$4,667 (+2.0%)
$162,284 + $272,638
$434,922
2017
$4,575 (+13.5%)
$155,983 + $262,052
$418,035
2016
$4,030 (+2.9%)
$155,983 + $262,052
$418,035
2015
$3,918 (+7.3%)
$137,000 + $233,000
$370,000
2014
$3,651 (+4.3%)
$125,000 + $210,000
$335,000
2013
$3,499 (+29.6%)
$125,000 + $210,000
$335,000
2012
$2,700 (+0.4%)
$121,000 + $202,000
$323,000
2011
$2,690 (+1.1%)
$92,000 + $154,000
$246,000
2010
$2,661 (−24.3%)
$92,000 + $154,000
$246,000
2009
$3,513 (−10.7%)
$92,000 + $154,000
$246,000
2008
$3,934
$123,000 + $207,000
$330,000
Tax history for 724 Convertible Ln
Year
Property tax
Land + Additions
Assessment*
2025
$9,721 (+2.4%)
$595,337 + $324,729
$920,066
2024
$9,490 (+10.0%)
$583,664 + $318,362
$902,026
2023
$8,624 (+33.3%)
$572,220 + $312,120
$884,340
2022
$6,468 (+3.5%)
$526,000 + $287,000
$813,000
2021
$6,250 (+11.5%)
$244,800 + $351,900
$596,700
2020
$5,607 (+18.3%)
$240,000 + $345,000
$585,000
2019
$4,739 (+1.5%)
$192,200 + $322,899
$515,099
2018
$4,667 (+2.0%)
$162,284 + $272,638
$434,922
2017
$4,575 (+13.5%)
$155,983 + $262,052
$418,035
2016
$4,030 (+2.9%)
$155,983 + $262,052
$418,035
2015
$3,918 (+7.3%)
$137,000 + $233,000
$370,000
2014
$3,651 (+4.3%)
$125,000 + $210,000
$335,000
2013
$3,499 (+29.6%)
$125,000 + $210,000
$335,000
2012
$2,700 (+0.4%)
$121,000 + $202,000
$323,000
2011
$2,690 (+1.1%)
$92,000 + $154,000
$246,000
2010
$2,661 (−24.3%)
$92,000 + $154,000
$246,000
2009
$3,513 (−10.7%)
$92,000 + $154,000
$246,000
2008
$3,934
$123,000 + $207,000
$330,000
*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
3
Baths
3
Stories
—
Lot width
—
Lot depth
—
Lot size
0.5 Acres
Year renovated
1973
Sq. Ft.
2,312
Year built
1973
Style
Single Family Residential
County
San Diego County
APN
1050922700
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 20, 2026.
RR
Rural Residential District
The RR Use Regulations are intended to create and enhance residential areas where agricultural use compatible with a dominant, permanent residential use is desired. Typically, the RR Use Regulations would be applied to rural or semi-rural areas where urban levels of service are not available and where large lots are desired. Various applications of the RR Use Regulations with appropriate development designators can create buffers between residential and agricultural uses, family or small farm areas, or large lot rural residential developments.
Permitted uses
Include but are not limited to:
Housing-Single unit
Housing-Multiple units
Fire house
Agriculture-Cropland
Agriculture-Grove / orchard
Park & open space
Property details
Parking
Parking / Garage Information
Uncovered Spaces: 8
# of Parking Spaces: 8
Interior
Laundry Information
Has Laundry
Electric Dryer Hookup
Bathroom Information
# of Baths (Full): 3
Cooling Information
Has Cooling
Room Information
All Bedrooms Down, Converted Bedroom, Guest/Maid's Quarters
Fireplace Information
Wood
Has Fireplace
Interior Features
Levels: One
Exterior
Exterior Features
Pool Features: None
Has Sprinklers
Lot Information
Lot Size Source: Public Records
Lot Features: 0-1 Unit/Acre
Property Information
Common Walls: No Common Walls
Living Area Source: Public Records
Parcel Number: 1050922700
Has View
Financial
Assesments Information
Assessments: Unknown
Utilities
Utilities Information
Sewer: Public Sewer
Water Source: District/Public
Location
Multi-Unit Information
# of Units In Community: 1
Neighborhood Information
Community Features: Rural, Biking
School Information
High School District: Fallbrook Union
Location Information
Latitude: 33.38887800
Longitude: -117.23140300
Directions: GPS
Zoning: R-1:SINGLE
Public facts
Beds: 3
Baths: 3.0
Sq. Ft.: 2,312
Stories: —
Lot Size: 0.5 acres
Style: Single Family Residential
Year Built: 1973
Year Renovated: 1973
County: San Diego County
APN: 1050922700
Home facts updated by county records on Aug 20, 2026
Other
Listing Information
IDX Contact Info: 760-504-7329
Days Active in MLS: 83
Listing Agent Information
List Agent First Name: Jose
List Agent Last Name: Fonseca
Listing Office Information
List Office Name: Remax Country Realty
Selling Agent Information
Buyer Agent First Name: Artemio
Buyer Agent Last Name: Jimenez
Selling Office Information
Buyer Office Name: Remax Country Realty
Around this home
Schools
Fallbrook Street Elementary School
Public K-6 • Assigned • 1.6mi
5/10
James E. Potter Intermediate School
Public 7-8 • Assigned • 1.6mi
5/10
Fallbrook High School
Public 9-12 • Assigned • 2.8mi
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
16% chance of being in a wildfire in next 30 years
6/10 Heat Factor
7 days above 94° expected this year, 21 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)
69
49
70
51
73
52
70
51
74
55
78
58
81
60
87
63
84
63
80
57
72
51
70
49
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
$917,000 – $1.11M
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