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For sale
  • Listed by: First Team Real Estate
    $918,700

    203 Rhesa Ln, Fallbrook, CA 92028

    3beds
    1,512sqft
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    Single Family Residence
    Built in 1987
    0.59 Acres Lot
    $912,000 Zestimate®
    $608/sqft
    $-- HOA

    What's special

    Welcome to this treasured single-level retreat in the heart of Fallbrook! With public utilities (Water, Sewer, and natural gas) NO propane or septic- low operating costs, and lower taxes, you’ll enjoy the best of both worlds: the convenience of modern services with the tranquility and space of a private Fallbrook estate. Prime location within walking distance to downtown, restaurants, shopping, and everyday amenities. This beautifully remodeled 3-bedroom, 2-bathroom home offers stylish living space on over half an acre of private land. The highlight of the property is the heated saltwater pool, built in 2013, enhanced with gorgeous multi color LED lighting for year-round resort-style enjoyment. Pool controls conveniently located both inside the home and at the pool equipment area. Newly installed sauna to relax in before or after a nice swim. Outdoor shower for a refreshing rinse after a nice swim or sauna time. Inside, the home has been thoughtfully updated throughout with modern finishes, abundant natural light, and top-line LED lighting. The spacious kitchen and open-concept layout make entertaining effortless, while the bedrooms provide comfort and privacy for family and guests. Other exterior features, several fruit trees, full-size Tuf Shed, and a fully constructed chicken coop. For hobbyists or extra storage, the property includes not just one but two full-size garages, including a dedicated workshop that can be converted to an ADU. RV parking. Plenty of room to add an additional ADU as well! This is a rare opportunity to own a move-in-ready home with room to grow, play, and relax.
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    Zillow last checked:

    Listing updated:

    Listed by:

    Damon Hutcherson-Brummett DRE #02062844 760-672-4959,

    First Team Real Estate

    Source: CRMLS,MLS#: SW26137184MLS LogoOriginating MLS: California Regional MLS

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 2
      • Main level bathrooms: 2
      • Main level bedrooms: 3
      Rooms
      • Room types: Attic, Bedroom, Center Hall, Entry/Foyer, Family Room, Kitchen, Primary Bathroom, Primary Bedroom, Workshop
      Primary bedroom
      • Features: Main Level Primary
      Bedroom
      • Features: Bedroom on Main Level
      Bathroom
      • Features: Bathroom Exhaust Fan, Bathtub, Remodeled, Tub Shower, Walk-In Shower
      Kitchen
      • Features: Granite Counters, Remodeled, Updated Kitchen
      Heating
      • Central, Fireplace(s), Heat Pump
      Cooling
      • Central Air
      Appliances
      • Included: Dishwasher, ENERGY STAR Qualified Appliances, Free-Standing Range, Disposal, Gas Range, Microwave, Refrigerator, Vented Exhaust Fan
      • Laundry: Washer Hookup, Gas Dryer Hookup, In Garage
      Features
      • Breakfast Bar, Eat-in Kitchen, Granite Counters, High Ceilings, Open Floorplan, Recessed Lighting, Storage, Attic, Bedroom on Main Level, Main Level Primary, Workshop
      • Flooring: Tile
      • Doors: Panel Doors
      • Windows: Double Pane Windows
      • Has fireplace: Yes
      • Fireplace features: Family Room
      • Common walls with other units/homes: No Common Walls
      Interior area
      • Total interior livable area: 1,512 sqft

      Property

      Parking
      • Total spaces: 18
      • Parking features: Door-Single, Driveway, Garage Faces Front, Garage, Garage Door Opener, RV Access/Parking, On Street
      • Attached garage spaces: 4
      • Uncovered spaces: 14
      Accessibility
      • Accessibility features: Safe Emergency Egress from Home, Accessible Hallway(s)
      Features
      • Levels: One
      • Stories: 1
      • Entry location: Front
      • Patio & porch: Concrete, Open, Patio
      • Exterior features: Awning(s)
      • Has private pool: Yes
      • Pool features: Heated, In Ground, Pebble, Private, Salt Water, Waterfall
      • Has spa: Yes
      • Spa features: In Ground, Private
      • Fencing: Wood
      • Has view: Yes
      • View description: Neighborhood, Rocks, Trees/Woods
      Lot
      • Size: 0.59 Acres
      • Features: 0-1 Unit/Acre, Back Yard, Corner Lot, Cul-De-Sac, Front Yard, Garden, Landscaped, Near Public Transit, Paved, Sprinkler System, Sloped Up, Yard
      Details
      • Additional structures: Shed(s), Workshop
      • Parcel number: 1043503200
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Traditional
      • Property subtype: Single Family Residence
      Materials
      • Stucco
      • Foundation: Slab
      • Roof: Concrete,Tile
      Condition
      • Turnkey
      • New construction: No
      • Year built: 1987

      Utilities & green energy

      • Electric: Standard
      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
      Green energy
      • Energy efficient items: Appliances

      Community & HOA

      Community
      • Features: Biking, Foothills, Street Lights
      • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
      • Subdivision: Fallbrook
      Location
      • Region: Fallbrook

      Financial & listing details

      • Price per square foot: $608/sqft
      • Tax assessed value: $480,246
      • Annual tax amount: $5,109
      • Date on market: 6/23/2026
      • Cumulative days on market: 2 days
      • Listing terms: Cash,Conventional,FHA,Submit,VA Loan
      • Road surface type: Paved

        Estimated market value

        $912,000

        $866,000 - $958,000

        $3,554/mo

        Price history

        DateEventPrice
        6/24/2026Listed for sale$918,700+135.6%$608/sqft
        Source: CRMLS #SW26137184 Report a problem
        4/22/2013Sold$390,000-2.3%$258/sqft
        Source: Public Record Report a problem
        3/8/2013Listed for sale$399,000-13.1%$264/sqft
        Source: The Jacques Company #130011482 Report a problem
        3/15/2004Sold$459,000$304/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$5,109 +2.5%$480,246 +2%
        2024$4,987 +3%$470,830 +2%
        2023$4,840 0%$461,599 +2%
        2022$4,841 +3.4%$452,549 +2%
        2021$4,682 -0.8%$443,677 +1%
        2020$4,720 +3.1%$439,128 +2%
        2019$4,578 +0.5%$430,518 +2%
        2018$4,558 +2%$422,077 +2%
        2017$4,467 +2.6%$413,802 +2%
        2016$4,354 +1.8%$405,689 +1.5%
        2015$4,277 +2%$399,596 +2%
        2014$4,195 $391,769 +21.7%
        2013-- $322,000 +7.3%
        2012-- $300,000
        2011-- $300,000
        2010-- $300,000 -14.3%
        2009-- $350,000 -29.6%
        2008-- $496,834 +2%
        2007-- $487,093 +2%
        2006-- $477,543 +2%
        2005-- $468,180 +79.5%
        2004-- $260,820 +1.9%
        2003-- $256,041 +2%
        2002-- $251,022 +2%
        2001-- $246,101

        Find assessor info on the county website

        Monthly payment

        Est. payment

          Payment breakdown

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          All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
          HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
          Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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          Climate risks

          Neighborhood: 92028

          Getting around

          72 / 100
          Very Walkable
          47 / 100
          Somewhat Bikeable

          Nearby schools

          GreatSchools rating

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