Welcome to this beautifully updated 3-bedroom, 2-bath single-story home offering a spacious yard, flexible bonus space and a convenient Fallbrook location near La Paloma Elementary and just minutes from Fallbrook High School. From the moment you arrive, the home makes a great first impression with inviting curb appeal and low-maintenance artificial turf. Inside, the open-concept living and dining areas create a bright, comfortable space for everyday living and entertaining, highlighted by a cozy fireplace. The recently remodeled kitchen features grey shaker cabinetry, quartz countertops, a striking copper farmhouse sink and stainless steel appliances. All three bedrooms are generously sized, including a spacious primary suite with its own en-suite bathroom. Out back, you'll find an expansive, fully fenced yard with additional artificial turf and plenty of room to relax, entertain, garden or make the space your own. A truly unique bonus awaits in the backyard — a fully finished detached 10’ x 16’ space offering incredible flexibility for today’s lifestyle. Complete with electricity, lighting and HVAC, this versatile retreat can serve as a private home office, creative studio, workout space, hobby room or peaceful getaway. Finished with the same attention to detail as the main home, it’s the kind of bonus space that can adapt to whatever life calls for. If you're looking for an updated single-story home with a large yard, flexible additional space and a more relaxed Fallbrook setting, this one is worth a look. Leased solar adds another benefit and may help reduce monthly electricity costs.
Under contract
Listed by: TenFold Real Estate • Benjamin Humbert • Contact: ben@tenfoldre.com
$775,000
157 S Mercedes Rd, Fallbrook, CA 92028
3beds
1,620sqft
Single Family Residence
Built in 1997
6,521 Square Feet Lot
$783,400 Zestimate®
$478/sqft
$-- HOA
What's special
- 18 days
- 436
- 37
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Benjamin Humbert DRE #01970946 ben@tenfoldre.com,
TenFold Real Estate,
Tyler Davidson DRE #01893794 760-390-0015,
TenFold Real Estate
Source: CRMLS,MLS#: NDP2608502
Originating MLS: California Regional MLS (North San Diego County & Pacific Southwest AORs)
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Rooms
- Room types: Bedroom, Den, Entry/Foyer, Family Room, Kitchen, Laundry, Living Room, Primary Bathroom, Primary Bedroom
Primary bedroom
- Features: Main Level Primary
Bedroom
- Features: All Bedrooms Down
Bedroom
- Features: Bedroom on Main Level
Cooling
- Central Air
Appliances
- Laundry: Inside
Features
- All Bedrooms Down, Bedroom on Main Level, Main Level Primary
- Has fireplace: Yes
- Fireplace features: Living Room
- Common walls with other units/homes: No Common Walls
Interior area
- Total interior livable area: 1,620 sqft
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Garage - Attached
- Attached garage spaces: 2
Features
- Levels: One
- Stories: 1
- Entry location: 1
- Pool features: None
- Has view: Yes
Lot
- Size: 6,521 Square Feet
- Features: 0-1 Unit/Acre
Details
- Parcel number: 1054460100
- Zoning: R-1:SINGLE FAM-RES
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Condition
- New construction: No
- Year built: 1997
Utilities & green energy
- Sewer: Public Sewer
Community & HOA
Community
- Features: Park, Rural, Storm Drain(s), Street Lights, Sidewalks
Location
- Region: Fallbrook
Financial & listing details
- Price per square foot: $478/sqft
- Tax assessed value: $553,591
- Date on market: 9/10/2026
- Cumulative days on market: 18 days
- Listing terms: Cash,Conventional
Estimated market value
$783,400
$744,000 - $823,000
$3,659/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/16/2026 | Contingent | $775,000$478/sqft |
Source: | ||
| 9/10/2026 | Listed for sale | $775,000+62.5%$478/sqft |
Source: | ||
| 4/27/2018 | Sold | $477,000+0.4%$294/sqft |
Source: Public Record Report a problem | ||
| 4/2/2018 | Listed for sale | $475,000+8.7%$293/sqft |
Source: Richard Realty Group, Inc #180015920 Report a problem | ||
| 8/22/2016 | Sold | $437,000+0.7%$270/sqft |
Source: Public Record Report a problem | ||
| 7/26/2016 | Pending sale | $434,000$268/sqft |
Source: Windermere Homes & Estates #160037276 Report a problem | ||
| 7/26/2016 | Listed for sale | $434,000$268/sqft |
Source: Windermere Homes & Estates #160037276 Report a problem | ||
| 7/14/2016 | Pending sale | $434,000$268/sqft |
Source: Windermere Homes & Estates #160037276 Report a problem | ||
| 7/14/2016 | Listed for sale | $434,000$268/sqft |
Source: Windermere Homes & Estates #160037276 Report a problem | ||
| 7/12/2016 | Pending sale | $434,000$268/sqft |
Source: Windermere Homes & Estates #160037276 Report a problem | ||
| 7/8/2016 | Listed for sale | $434,000+21.6%$268/sqft |
Source: Windermere Homes & Estates #160037276 Report a problem | ||
| 7/8/2013 | Sold | $357,000+2%$220/sqft |
Source: Public Record Report a problem | ||
| 5/15/2013 | Listed for sale | $349,900+3.2%$216/sqft |
Source: Owner Report a problem | ||
| 10/2/2010 | Listing removed | $339,000-2.9%$209/sqft |
Source: Willis Allen Real Estate #100014290 Report a problem | ||
| 6/13/2010 | Price change | $349,000-2.8%$215/sqft |
Source: Willis Allen Real Estate #100014290 Report a problem | ||
| 3/13/2010 | Listed for sale | $359,000+52.8%$222/sqft |
Source: Willis Allen Real Estate #100014290 Report a problem | ||
| 11/15/2000 | Sold | $235,000+43.3%$145/sqft |
Source: Public Record Report a problem | ||
| 4/7/1997 | Sold | $164,000$101/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $553,591 +2% |
| 2025 | $5,855 +2.4% | $542,737 +2% |
| 2024 | $5,716 +3% | $532,097 +2% |
| 2023 | $5,549 0% | $521,665 +2% |
| 2022 | $5,551 +3.4% | $511,437 +2% |
| 2021 | $5,369 -0.8% | $501,409 +1% |
| 2020 | $5,414 +2.9% | $496,269 +2% |
| 2019 | $5,259 +7.5% | $486,539 +9.2% |
| 2018 | $4,890 +2% | $445,740 +2% |
| 2017 | $4,795 +20.9% | $437,000 +18.2% |
| 2016 | $3,965 +1.8% | $369,684 +1.5% |
| 2015 | $3,894 +2% | $364,132 +2% |
| 2014 | $3,819 | $357,000 +36.7% |
| 2013 | -- | $261,250 +2% |
| 2012 | -- | $256,129 +2% |
| 2011 | -- | $251,108 +0.8% |
| 2010 | -- | $249,233 -0.2% |
| 2009 | -- | $249,826 +2% |
| 2008 | -- | $244,928 +2% |
| 2007 | -- | $240,127 +2% |
| 2006 | -- | $235,420 +2% |
| 2005 | -- | $230,805 +2% |
| 2004 | -- | $226,281 +1.9% |
| 2003 | -- | $222,135 +2% |
| 2002 | -- | $217,781 +2% |
| 2001 | -- | $213,512 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 92028
Nearby schools
Schools provided by the listing agent
- High: Fallbrook
Source: CRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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