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Price Reduced! Incredible Fixer-Upper Opportunity in Fallbrook! This charming fixer offers endless potential, providing a rare opportunity to create your dream home. Nestled on 1.28 acres in the desirable Wilt Road area, this property is fully gated, ensuring privacy and security in a peaceful, natural setting. The home features 4 bedrooms and 2.5 baths, with an open layout that includes a kitchen with an island, a cozy living room with a brick fireplace, a formal dining room, a den with its own fireplace, and a spacious family room—all ready for your personal touch. Step outside to enjoy peace and tranquility on your private front and back patios, where you can take in stunning sunset views and harvest fruit from the numerous fruit trees. The property’s two separate entrances—one from the main driveway and another leading to a small barn—make it ideal for multigenerational living or creating a separate guest space. The unpermitted family room conversion done in the 70s offers additional living space but can be reverted back to a 2-car garage if desired. The home offers 2,850 sq ft (estimated), with assessor records listing 2,192 sq ft—giving you ample room to customize. Located in a quiet Fallbrook neighborhood with easy access to Highway 15, this home offers both serenity and convenience. While it does need some TLC, its potential is endless. This is a rare opportunity to own in one of Fallbrook’s most sought-after areas—don’t miss the chance to bring your vision to life and make this home your own!
Listing agent: Summer King DRE #02005397 summerkingrealty@gmail.com, Listing office: Signature Real Estate Group
MLS data updated 10/21/2026, 5:29:58 PM PT
Source: CRMLS, MLS #: SW24205964
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Dec 20, 2024
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
$850,000Closed sale · Dec 20, 2024ZIP 92028 · Dec 2024
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.