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Completed in 2018, this energy efficient 1200sf home is located in a quiet area east of downtown Fallbrook. Situated on 3.66 very usable acres, it offers both a lovely home and unlimited possibilities. Approximately one acre is currently cross fenced, allowing separation of the front and back of the property. This is one of the few large parcels near downtown. Enjoy the benefits of being close to everything, while living a country life. The property could be perfect for building a second home in the back - perhaps turn the first one into a rental or extended family home. It also has lots of storage space for anyone needing to store large items on their property. Zoned Rural Residential, J animal designation - there is space for your agricultural projects, gardens, aviaires, corrals…Build your Dream Home or Investment opportunity for builder/developer. Enjoy mountain views, clear skies, with gentle slopes and space to roam. Truly country living with all of the benefits of being close to both I-15 and downtown Fallbrook. Equipment: Dryer,Fire Sprinklers, Range/Oven, Shed(s) Sewer: Septic Installed Topography: LL,GSL,SSLP
Listing agent: Tracy Markham DRE #01821122 tsvrede@gmail.com, Listing office: Military Mutual
MLS data updated 10/23/2026, 6:33:10 PM PT
Source: CRMLS, MLS #: 220007243SD
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
May 11, 2022
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
$689,000Closed sale · May 11, 2022ZIP 92028 · May 2022
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.