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Welcome to 1847 East Alvarado Street, Fallbrook, in Southern California. Nestled on a property just short of an acre, this custom adobe cottage, tucked away from the street, is truly a unique gem. Built in the 1940s, this single-story home is embellished with numerous built-ins, exuding charm and character. It is a quaint 2-bedroom, 2-bath cottage that can be accessed by one of two driveways, and it boasts an abundance of mature trees of all kinds that contribute to its magnificent landscape. Giant oak trees create a captivating canopy, providing shade and privacy in the backyard. The resort-style pool, serving as its centerpiece, beckons you to unwind and indulge in its tranquil waters. Just a few steps down from the pool, there's an additional unit - a versatile space offering endless possibilities. With a little love and creativity, it can be transformed into an artist's studio or a guest house, providing a separate haven for your extended family - a space that is close enough for convenience but far enough for privacy. The home is perfect for hosting summer barbecues and get-togethers or simply enjoying the tranquility of the neighborhood. Experience the best of Fallbrook living - a location that offers convenience and access to nearby amenities such as schools, parks, and Main Street shopping. Don't let the opportunity to own this remarkable Fallbrook property pass you by! It is a beautiful canvas, full of color, awaiting you and your final touch that will make it "Your Happy Place!"
Listing agent: Matt Swisshelm DRE #02029598 mattswisshelmtc@gmail.com, Listing office: Coldwell Banker Realty
MLS data updated 10/19/2026, 4:23:36 PM PT
Source: CRMLS, MLS #: NDP2305859
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Aug 22, 2023
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
$785,000Closed sale · Aug 22, 2023ZIP 92028 · Aug 2023
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.