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Welcome to 3861 Peony the "Crown Jewel of Fallbrook," an extraordinary Mediterranean estate nestled in the esteemed enclave community of Pointe Pacifico. Perched high atop the hills above the Pala Mesa resort, this rare single-level gem presents panoramic views encompassing the majestic Santa Margarita Mountains, iconic Sleeping Indian Hill, lush Gird Valley and distant vistas to the Pacific Ocean, offering an unparalleled backdrop for everyday life. Ensuring utmost privacy and seclusion, the estate is discreetly tucked away from the street, accessed by a 250' long driveway leading to a serene oasis. Constructed in 1998 on a sprawling 3.7-acre lot, the residence boasts 5 bedrooms and 4 baths within approx. 4,000 sq. ft. of meticulously crafted single-level living space, designed for effortless yet elegant living. Upon entry, a grand foyer welcomes with beautiful travertine flooring, leading to expansive living and dining rooms adorned with voluminous coffered ceilings, arched doorways, column dividers, tasteful chandeliers, a stunning fireplace, & exquisite crown molding throughout. The primary bedroom offers direct access to the sun drenched expansive patio featuring a pool, spa, and an adjacent sitting area for relaxation. The master bathroom indulges with a large jacuzzi tub and glass walk-in shower, providing a luxurious retreat. Strategically positioned for privacy, four comfortable guest bedrooms & three additional full baths offer comfort and convenience, suitable for guests or potential office/den space. The heart of the home lies in the family room and kitchen, boasting real hardwood floors, marble countertops, a built-in entertainment center, modern appliances, and another fireplace. Stepping outside to the sun-drenched patio unveils an award winning(Skip Phillips) infinity-edge pebble-tech saltwater pool & spa, perfect for relishing some of the most stunning sunset views in Southern California. The patio also grants direct access to the fabulous grove, teeming with an abundance of avocado and fruit trees, offering potential for a hobby farm or agricultural income. With vast open space surrounding the estate, there is ample room for additional dwellings, ADUs, or other structures. Crucially, the estate features an entirely paid-for solar system, ensuring energy efficiency and sustainability. At day's end, return to this elegant Mediterranean estate for a perfect blend of luxury, privacy, tranquility, & easy single-story living. Come See Paradise!
Listing agent: Jonathan Ashyk DRE #01231154 dpcloser1@gmail.com, Listing office: Pacific Sotheby's Int'l Realty
MLS data updated 10/21/2026, 1:54:13 PM PT
Source: CRMLS, MLS #: OC24051368
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Aug 14, 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
$1,725,000Closed sale · Aug 14, 2024ZIP 92028 · Aug 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.