REDUCED! SELLER EXTREMELY MOTIVATED! Check out this 8 bedroom, 5.5 bath "Multi-Gen Opportunity" in Fallbrook! If you are looking for 3 SEPERATE HOMES on 1 lot, need extra living area, flex space, office space, artists retreat or rental units for extra income, come check out this beautifully remodeled property! 4 bedrooms and 3 baths included with the main home that has numerous custom artistic touches, upgrades and the most amazing lavish primary retreat you could want. This home has been expanded to 2280 SF. Additionally, there is a 2nd dwelling that is 3 bedrooms and 1.5 baths and 1,000 SF. built in 2021. The 3rd space is a 1 bedroom, 1 bathroom two story ADU with 600 SF built in 2024. Must see to appreciate attention this fantastic remodel. Close to town, yet privately situated behind an electric gate. This destination truly has it all. full electric solar paid for which covers the electricity for the entire property and all 3 units. All 3 dwellings enjoy the central pool and patio area which includes a fireplace and a built in barbecue kitchen island. Nothing like this on the market!
Sold for $1,090,000
Listed by: Compass • Sharon Robinson • Contact: 949-295-1161
Bought with: Compass
$1,090,000
2042 Pheasant Run, Fallbrook, CA 92028
8beds
3,800sqft
Single Family Residence
Built in 1967
0.53 Acres Lot
$1,095,600 Zestimate®
$287/sqft
$6,631 Estimated rent
Home value
$1,095,600
$1.01M - $1.19M
$6,631/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Sharon Robinson DRE #01384726 sharon.robinson@compass.com,
Compass,
Ken Follis DRE #00799622 760-803-6235,
Compass
Bought with:
Ken Follis, DRE #00799622
Compass
Source: CRMLS,MLS#: NDP2505157
Originating MLS: California Regional MLS (North San Diego County & Pacific Southwest AORs)
Originating MLS: California Regional MLS (North San Diego County & Pacific Southwest AORs)Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 6
- Full bathrooms: 5
- 1/2 bathrooms: 1
- Main level bathrooms: 5
- Main level bedrooms: 7
Rooms
- Room types: Bedroom, Kitchen, Living Room
Bedroom
- Features: Bedroom on Main Level
Cooling
- Central Air
Appliances
- Included: Built-In Range, Built-In, Dishwasher, ENERGY STAR Qualified Appliances, Gas Cooking, Disposal, Gas Range, Ice Maker, Vented Exhaust Fan, Water Heater
- Laundry: Laundry Closet
Features
- Bedroom on Main Level
- Has fireplace: Yes
- Fireplace features: Living Room, Primary Bedroom, Outside
- Common walls with other units/homes: No Common Walls
Interior area
- Total interior livable area: 3,800 sqft
Property
Parking
- Total spaces: 6
- Parking features: Carport
- Carport spaces: 2
- Uncovered spaces: 4
Features
- Levels: One
- Stories: 1
- Entry location: Main Floor
- Has private pool: Yes
- Pool features: In Ground
- Has view: Yes
- View description: None
Lot
- Size: 0.53 Acres
- Dimensions: 23,086 sq ft
Details
- Additional structures: Guest House, Outbuilding
- Parcel number: 1073524500
- Zoning: R-1:SINGLE FAM-RES
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Craftsman
- Property subtype: Single Family Residence
Condition
- Turnkey
- Year built: 1967
Utilities & green energy
Green energy
- Energy efficient items: Appliances
Community & HOA
Community
- Features: Rural
Location
- Region: Fallbrook
Financial & listing details
- Price per square foot: $287/sqft
- Tax assessed value: $562,296
- Annual tax amount: $5,988
- Date on market: 6/12/2025
- Cumulative days on market: 21 days
- Listing terms: Cash,Cash to New Loan,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 11/18/2025 | Sold | $1,090,000-16.1%$287/sqft |
Source:  CRMLS #NDP2505157 Report a problem | ||
| 7/4/2025 | Pending sale | $1,298,747$342/sqft |
Source: CRMLS #NDP2505157 Report a problem | ||
| 6/16/2025 | Price change | $1,298,747-13.3%$342/sqft |
Source: CRMLS #NDP2505157 Report a problem | ||
| 6/12/2025 | Listed for sale | $1,498,747+215.5%$394/sqft |
Source: CRMLS #NDP2505157 Report a problem | ||
| 2/20/2020 | Listing removed | $1,500 |
Source: TurboTenant Report a problem | ||
| 2/3/2020 | Listed for rent | $1,500 |
Source: TurboTenant Report a problem | ||
| 5/19/2016 | Sold | $475,000+79.9%$125/sqft |
Source: Public Record Report a problem | ||
| 9/26/2001 | Sold | $264,000+45.1%$69/sqft |
Source: Public Record Report a problem | ||
| 5/13/1998 | Sold | $182,000+13%$48/sqft |
Source: Public Record Report a problem | ||
| 1/4/1995 | Sold | $161,000$42/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,988 +2.4% | $562,296 +2% |
| 2024 | $5,844 +3.1% | $551,271 +2% |
| 2023 | $5,671 0% | $540,462 +2% |
| 2022 | $5,672 +3.5% | $529,865 +2% |
| 2021 | $5,479 -0.8% | $519,476 +1% |
| 2020 | $5,521 +2.8% | $514,151 +2% |
| 2019 | $5,373 -0.6% | $504,071 +2% |
| 2018 | $5,403 +3.5% | $494,188 +2% |
| 2017 | $5,221 +48.5% | $484,499 +47.1% |
| 2016 | $3,517 +1.6% | $329,445 +1.5% |
| 2015 | $3,460 +2% | $324,497 +2% |
| 2014 | $3,393 | $318,141 +0.5% |
| 2013 | -- | $316,705 +2% |
| 2012 | -- | $310,496 +2% |
| 2011 | -- | $304,408 +0.8% |
| 2010 | -- | $302,134 -0.2% |
| 2009 | -- | $302,852 +2% |
| 2008 | -- | $296,914 +2% |
| 2007 | -- | $291,093 +2% |
| 2006 | -- | $285,386 +2% |
| 2005 | -- | $279,791 +2% |
| 2004 | -- | $274,306 +1.9% |
| 2003 | -- | $269,279 +2% |
| 2002 | -- | $264,000 +37% |
| 2001 | -- | $192,752 |
Find assessor info on the county website
Neighborhood: 92028
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Nearby schools
GreatSchools rating
- 8/10Live Oak Elementary SchoolGrades: K-6Distance: 0.2 mi
- 5/10James E. Potter Intermediate SchoolGrades: 7-8Distance: 0.3 mi
- 6/10Fallbrook High SchoolGrades: 9-12Distance: 2 mi
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Estimated market value
$1,095,600
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Estimated market value
$1,095,600
- California
- San Diego County
- Fallbrook
- 92028
- 2042 Pheasant Run
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