
Fallbrook, California 92028
This Single Family Residence is a Strong Value Opportunity, listed at $699,000—positioned slightly above the $696,093 Fair Market Value. While priced at market, the property offers stability in the desirable Fallbrook Knolls neighborhood. Featuring a Condition Rating of 3, the home includes a Renovated Kitchen and Central A/C, providing immediate comfort. With a large lot and Distant Mountain Views, it offers significant lifestyle appeal. This is an ideal acquisition for first-time buyers or owner-occupants seeking a move-in ready home with room to personalize.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 741 Magarian Rd Subject | $699,000* List Price | 3 | 2 | 1,118 | $623 | - |
A 832 Magarian Sold | $675,000 | 3 | 2 | 1,112 | $607 | 0.1 mi |
B 801 La Palma Drive Sold | $715,000 | 3 | 1 | 1,014 | $705 | 0.1 mi |
C 146 Barhaven Sold | $695,000 | 2 | 2 | 934 | $744 | 0.4 mi |
D 678 Robby Way Sold | $615,000 | 3 | 2 | 944 | $651 | 0.9 mi |
E 946 Woodcreek Road Sold | $684,000 | 3 | 2 | 1,537 | $445 | 0.2 mi |
F 145 Barhaven Lane Sold | $742,000 | 3 | 2 | 1,428 | $520 | 0.4 mi |
G 422 Potter Sold | $645,000 | 2 | 1 | 900 | $717 | 0.5 mi |
H 155 Barhaven Lane Active | $685,000 List Price | 3 | 2 | 1,200 | $571 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1960, the home features a renovated kitchen with granite countertops and stainless steel appliances, along with updated bathrooms that appear to be 10-15 years old. The inclusion of central A/C and the overall functional, move-in ready state of the interior offsets the age of the structure.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9263, living area = 1118.
Situated in the desirable Fallbrook Knolls neighborhood, the property is exceptionally close to local schools, including La Paloma Elementary which is less than a quarter-mile away.
The home sits on a spacious lot featuring a fully fenced yard, providing ample room for gardening, pets, and outdoor entertaining.
With only 1,118 square feet of living space for a three-bedroom layout, the interior rooms may feel small or constrained for larger families.
Built in 1960 and marketed with 'room to personalize,' the home likely requires cosmetic updates or modernization to align with contemporary design standards.
Welcome to 741 Magarian Rd, a charming single-story home located in the desirable Fallbrook Knolls neighborhood. This 3-bedroom, 2-bath property offers a comfortable and functional layout with great natural light, central A/C, a 2-car garage, and a spacious lot with a fenced yard perfect for outdoor enjoyment, entertaining, pets, or gardening. The home features classic Fallbrook character with stucco exterior and inviting curb appeal. Conveniently located near local schools, shopping, dining, parks, and commuter routes, this home is a great opportunity for buyers looking to enjoy the relaxed North County lifestyle. Whether you are a first-time buyer, downsizing, or looking for a property with room to personalize, this Fallbrook home is ready for its next chapter.
No exterior & parking available.
Grades K-6 • 0.2 mi
Grades K-6 • 1.1 mi
Grades 7-8 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,118 | 2,169 |
| Lot Size | - | 47,480.4 |
| Price | $699.0K | $917.5K |
| Price per sq ft | $625 | $426 |
| Built year | 1960 | 1991 |
| HOA | $0 | $176 |
| Days on market | 25 | 60 |
Jun 27, 2026
$699,000
Initial Listing
Aug 10, 2021
$550,000
Public Record
Sep 20, 2017
$412,000
Public Record
Dec 23, 2015
$319,000
Public Record
Mar 10, 2015
$299,000
Public Record
Jul 29, 2009
$165,500
Public Record
Feb 14, 2003
$239,000
Public Record
Nov 26, 1997
$118,000
Public Record