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Closed
- Listed price
- $479,000
- Listed Jul 22, 2018 · $373/sq ft
- Sold price
- $485,000
- Sold Jan 24, 2019
2 beds|2 ba|1,283 sqft|261,796 sqft lot|1959 Built|106 days listed
2462 Gum Tree Ln, Fallbrook, CA 92028
Property Description
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.
Listing agent: Donald GoldingDRE #01492600donaldrgolding@gmail.com, Listing office: Balboa Real Estate, Inc.
MLS data updated 10/19/2026, 8:07:51 AM PT
Source: CRMLSMLS #: PW18177855
Belmont insights
Price & property history
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Last recorded sale$485,000
Jan 24, 2019
Available records32018–2019
From MLS recordsActual listing and closing events
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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
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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
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MLS records may be incomplete. Earlier asking prices are not sale prices.