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***see photos for plot map and property line guides*** For property tour, copy & paste the following link into your web browser: https://vimeo.com/736023507 Welcome to 584 Pheasant Valley Court, a stunning estate, located on over 4 acres of rolling hills in beautiful Fallbrook! The home has breathtaking panoramic views, and features approximately 4,200 square feet of combined living space, which incorporates a 3,000 square foot main home, and a 1,200 square foot GUEST HOUSE, perfect for multi-generational living, or as an ADU to rent/sub-lease out to tenants for additional income! The property sits on a quiet and safe family CUL-DE-SAC, and also features a PET SAFE fence to keep your animals safe! From the moment you approach the estate, you are absolutely in awe of the beauty and tranquility of the property. It's perfectly situated, surrounded by rolling hills and lush landscape! As you enter through the automatic gates and drive up your long, private driveway, you realize this home commands attention! The driveway and vehicle parking areas are capable of housing your RVs, boats, trailers, and all the other toys you may have. Additionally, the exterior of the home features multiple covered patios and gazebo areas, perfect for entertaining family and friends! Make your way into the home and once again, there is so much to take in! From the formal dining room, expansive kitchen, breakfast nook, large family room with gorgeous windows, and finally, your master retreat, which is nestled in a private location in the home with a beautiful ensuite bathroom, walk in closet, and private balcony! This home has it all! The 1,200 square foot detached guest house features its own full bathroom, bedroom, kitchen, living, and dining areas! Some additional key highlights of the property include panoramic views, a large detached guest house, RV access, PET SAFE perimeter fencing, a workshop wired for heavy equipment, air conditioning, vaulted ceilings, recessed lighting, ceiling fans, brand new black dual pane windows, new paint, upgraded electrical panel with EV charging capabilities, fire sprinklers, beautiful hardscape & lush landscape with 16 fruit trees, all maintained by automatic irrigation, etc. etc. THE LIST GOES ON! This is not just a house, not just a home, it is an estate! Your perfect L3, Location, Luxury, & Lifestyle! Welcome Home!
Listing agent: Jamie Pirritano DRE #02032331 Jamie@TheL3.com, Listing office: The L3
MLS data updated 10/28/2026, 6:51:32 AM PT
Source: CRMLS, MLS #: OC22166446
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Oct 4, 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
$1,200,000Closed sale · Oct 4, 2022ZIP 92028 · Oct 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.