Opening page…
Closed
- Listed price
- $648,747
- Listed Aug 2, 2017
- Sold price
- $600,000
- Sold Oct 23, 2017
16,304 sqft lot|1951 Built|36 days listed
232 S Main Ave, Fallbrook, CA 92028
Property Description
Excellent Investment opportunity in best area of Downtown Fallbrook. High daily traffic count and maximum site exposure from this corner lot. Currently occupied by a restaurant leasing 2 recently renovated suites totaling 2500 sf. 2300 SF is currently available for lease. Property also includes a large sign that could not be duplicated today as it is a grandfathered approval. Property may be purchased with adjoining single family residence which will allow greater possibilities for future expansion. The Merlot Building will offer any investor an opportunity for a high rate of return while owning a key historic location that included a previous railroad stop.
Listing agent: Kim CarlsonDRE #00968586kim@kimcarlsonhomes.com, Listing office: Windermere Homes & Estates
MLS data updated 10/19/2026, 4:30:36 AM PT
Source: CRMLSMLS #: SW17182383
Belmont insights
Price & property history
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Last recorded sale$600,000
Oct 23, 2017
Available records22017
From MLS recordsActual listing and closing events
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
No recordNo property-price record in this range.ZIP 92028 · Oct 2026
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.This home · 0 price recordsNo records in this period
ZIP 92028 · same property typeThis MLS property type has no exact comparison group.
Freddie Mac · national weekly ratesLoading mortgage-rate history…
Recorded sales in this period (0)
No recorded sales in this range. Select All available for older records; missing records do not mean the home never sold.
ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
View listing & sale records
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.