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Perched Above the Santa Margarita River Trail Preserve lies this Absolutely Stunning Single Story Dream Home, just 5 miles from Downtown Fallbrook but a World away from the Hustle and Bustle. This Gated and Fully Fenced Home Boasts Panoramic Views of Palomar Mountain, Surrounding Estates, and Agricultural Groves. The Two Acre Estate includes a Perfectly Sized Salt Water Pool and Spa with Nearby Firepit. The North and South facing Slopes feature Merlot and Cabernet Grape Vines on a Drip Irrigation System. The East Slope is Set up with a Drip System and ready for you to Determine what to Plant. Eighteen Mature Black Olive Trees Occupy the Western Slope. The Elevation of this Home and Several Outdoor Seating areas Allows for Full Enjoyment of the Panoramic Views, Gentle Breeze, Soaring Birds and Spectacular Sunsets. This Custom Built Home has 10 Foot Ceilings Throughout and is Bathed in Natural Light. The Chef's Kitchen features a Center Island and an Extra Sink. Appliances including a Double Oven, Five-Burner Gas Range, Bosch Dishwasher, Built-in Extra-Large Refrigerator and Small Wine Fridge, are Stainless Steel. The Window above the Double Sink Provides an Impressive View of Palomar Mountain. The Primary Suite Includes a Stone Walk-In Shower in the En-Suite Bathroom and Sliding Glassdoor out to the Pool and Firepit. The Home also includes Paid Solar, a Spacious Three Car Garage with plenty of Storage. Yes! to the Nearby Santa Margarita River Trail Preserve. Yes! to the Two close by Supermarkets, Shops, Bars and Restaurants. Yes! to Easy Freeway Access. This is a Great House, Very Well Crafted, Very Well-Placed, the kind of Home to Make You Feel Good about the Choices in Life you've Made to Get You Here. Please Come By and See for Yourselves.
Listing agent: Patrick Malloy DRE #01936661 jpmalloy17@gmail.com, Listing office: HomeSmart Realty West
MLS data updated 10/21/2026, 6:51:01 AM PT
Source: CRMLS, MLS #: NDP2302369
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
May 18, 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
$1,315,000Closed sale · May 18, 2023ZIP 92028 · May 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.