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For sale
  • $1,450,000

    937 Pepper Tree Ln, Fallbrook, CA 92028

    4beds
    3,088sqft
    : 
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    Single Family Residence
    Built in 1951
    1.62 Acres Lot
    $1,397,600 Zestimate®
    $470/sqft
    $-- HOA

    What's special

    Covered rv parkingDetached guest quartersInfrared saunaLong private gated drivewayWhite cabinetryDesigner lightingBright open living spaces
    Beyond a long private gated driveway in Fallbrook’s Old Peppertree neighborhood, 937 Pepper Tree Lane is a single-level 4-bedroom, 3.5-bathroom adobe-style hacienda estate with 3,088 square feet including detached guest quarters, set on 1.62 private acres. The property unfolds with a rare sense of arrival, framed by mature palms, olive trees, flowering gardens, and a layered landscape that feels peaceful, private, and deeply connected to its setting. Inside, warm architectural character meets bright, open living spaces with wood flooring, vaulted ceilings, exposed beams, and expansive windows that draw the outdoors in. The kitchen features quartz counters and backsplash, white cabinetry, a generous center island, designer lighting, and abundant built-in storage, creating a natural gathering place at the heart of the home. A white brick fireplace anchors the living room and adds to the home’s relaxed, timeless atmosphere. Outdoor living is the soul of the property, with a pool and spa surrounded by tropical landscaping, garden paths, fruit trees, vines, patios, and quiet places to unwind. The covered cabana with fireplace overlooks the pool and creates a beautiful setting for year-round entertaining, while the outdoor kitchen and dining areas extend the home’s living space into the landscape. A detached 3-car garage with attached oversized RV garage bay, covered RV parking, infrared sauna, and owned solar add meaningful function to the estate setting. A soulful Fallbrook retreat where privacy, character, and resort-style outdoor living come together beautifully.
    19 days
    |
    3,457
    |
    343
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Mike Chiesl DRE #01783300 760-473-0000,

    Real Broker

    Source: SDMLS,MLS#: 260013059MLS LogoOriginating MLS: San Diego Association of REALTOR

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 4
      • Full bathrooms: 3
      • 1/2 bathrooms: 1
      Heating
      • Fireplace, Forced Air Unit
      Cooling
      • N/K
      Appliances
      • Included: Disposal, Pool/Spa/Equipment, Refrigerator, Shed(s), Solar Panels, Counter Top, Propane Cooking
      • Laundry: Gas
      Features
      • Number of fireplaces: 2
      • Fireplace features: FP in Living Room, Patio/Outdoors
      Interior area
      • Total structure area: 3,088
      • Total interior livable area: 3,088 sqft

      Property

      Parking
      • Total spaces: 16
      • Parking features: Detached
      • Garage spaces: 4
      Features
      • Levels: 1 Story
      • Pool features: Below Ground, Private, Fenced
      • Has spa: Yes
      • Fencing: Full,Gate
      Lot
      • Size: 1.62 Acres
      Details
      • Parcel number: 1060414500

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Adobe
      • Roof: Tile/Clay
      Condition
      • Year built: 1951

      Utilities & green energy

      • Sewer: Septic Installed
      • Water: Meter on Property

      Community & HOA

      Community
      • Subdivision: FALLBROOK
      Location
      • Region: Fallbrook

      Financial & listing details

      • Price per square foot: $470/sqft
      • Tax assessed value: $172,537
      • Annual tax amount: $1,837
      • Date on market: 5/29/2026
      • Listing terms: Cash,Conventional,VA,Submit
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        Estimated market value

        $1,397,600

        $1.33M - $1.47M

        $6,857/mo

        Price history

        DateEventPrice
        5/29/2026Listed for sale$1,450,000+26.1%$470/sqft
        Source: SDMLS #260013059 Report a problem
        1/4/2021Sold$1,150,000$372/sqft
        Source: CRMLS #NDP2002586 Report a problem
        11/19/2020Pending sale$1,150,000$372/sqft
        Source: Big Block Realty #NDP2002586 Report a problem
        11/14/2020Listed for sale$1,150,000+74.2%$372/sqft
        Source: Big Block Realty #NDP2002586 Report a problem
        10/1/2019Sold$660,000-31.9%$214/sqft
        Source: Public Record Report a problem
        7/2/2019Sold$969,000-1%$314/sqft
        Source: Public Record Report a problem
        6/14/2019Pending sale$979,000$317/sqft
        Source: Coldwell Banker Village Properties #190025933 Report a problem
        5/12/2019Listed for sale$979,000$317/sqft
        Source: Coldwell Banker Village Prop #190025933 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$1,837 +2.6%$172,537 +2%
        2024$1,790 +2.2%$169,154 +2%
        2023$1,752 +0.2%$165,838 +2%
        2022$1,748 -83.3%$162,588 -83.4%
        2021$10,465 -0.8%$979,038 +1%
        2020$10,550 +163.2%$969,000 +156.5%
        2019$4,008 -0.3%$377,798 +2%
        2018$4,020 +2%$370,391 +2%
        2017$3,940 +2.6%$363,130 +2%
        2016$3,841 +1.8%$356,010 +1.5%
        2015$3,773 +1.9%$350,664 +2%
        2014$3,701 $343,796 +0.5%
        2013-- $342,243 +2%
        2012-- $335,533 +2%
        2011-- $328,954 +0.8%
        2010-- $326,497 -0.2%
        2009-- $327,273 +2%
        2008-- $320,856 +2%
        2007-- $314,566 +2%
        2006-- $308,399 +8.1%
        2005-- $285,353 +15.3%
        2004-- $247,405 +1.9%
        2003-- $242,872 +2%
        2002-- $238,110 +2%
        2001-- $233,442

        Find assessor info on the county website

        Monthly payment

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          Payment breakdown

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          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

          11 / 100
          Car-Dependent
          21 / 100
          Somewhat Bikeable

          Nearby schools

          GreatSchools rating

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