See Home Value
$475,000
● House - Off Market

2042 Pheasant Run

Fallbrook, CA 92028
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,500 Ft²
$818,047
RealtyHop Estimate
70.78%
Since Jun 1, 2016
National-US
Primary Model

About This Property

Enjoy the Fallbrook lifestyle in this beautiful Craftsman bungalow on .53ac lot located at the end of a private lane way.  Lovely setting with beautiful Camphor tree overlooking the home.  Single story with 2 car garage,  Paver driveway and room for RV/extra cars. 2 patios, fenced back yard with pool and spa, plus storage shed. Home extensively remodeled in 2003, see supplement for list of upgrades.  Move in ready, a must see.  Walking distance to Live Oak Elementary and Potter Junior High schools. Neighborhoods: Green Canyon/Calmin Knolls Architectural Style:  Craftsman/Bungalow View:  Craftsman/Bungalow Equipment:  Dryer,Garage Door Opener,Pool/Spa/Equipment, Range/Oven, Satellite Dish, Shed(s), Washer Other Fees: 0 Sewer:  Sewer Connected Topography: LL
Unit Size
1,500 Ft²
Days on Market
70 days
Land Size
0.53 acres
Price per sqft
$319
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1967

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Last updated: 4 months ago (SDMLS #160013052)

Price History

Date / Event Date Event Price
Nov 18, 2025 Sold
Sold
Jul 5, 2025 In contract -
In contract
Jun 17, 2025 Price Decreased $1,298,747
↓ $200K (13.3%)
Price Decreased
May 21, 2025 Listed by Compass $1,498,747
Listed by Compass
REDUCED! SELLER EXTREMELY MOTIVATED! Check out this 8 bedroom, 5.5 bath "Multi-Gen Opportunity" in Fallbrook! If you are looking for 3 SEPERATE HOMES on 1 lot, need extra living area, flex space, office space, artists retreat or rental units for extra income, come check out this beautifully remodeled property! 4 bedrooms and 3 baths included with the main home that has numerous custom artistic touches, upgrades and the most amazing lavish primary retreat you could want. This home has been expanded to 2280 SF. Additionally, there is a 2nd dwelling that is 3 bedrooms and 1.5 baths and 1,000 SF. built in 2021. The 3rd space is a 1 bedroom, 1 bathroom two story ADU with 600 SF built in 2024. Must see to appreciate attention this fantastic remodel. Close to town, yet privately situated behind an electric gate. This destination truly has it all. full electric solar paid for which covers the electricity for the entire property and all 3 units. All 3 dwellings enjoy the central pool and patio area which includes a fireplace and a built in barbecue kitchen island. Nothing like this on the market!
May 19, 2016 Sold
Sold
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Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1967
  • Effective Year Built: 1967
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8
  • Location Influence Type: 000

    Dimensions

  • Lot Size Square Feet: 23,087
  • Total Building Area: 1,500
  • Building Area: 1,500
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,500
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000530
  • Standard Land Use Code: 1001
  • County Land Use Code: 11
  • Legal Description 1: SEC 29-9-3W NE 1/4 OF POR

Neighborhood

  • School District Name: Fallbrook Union Elementary School District
  • School Tax School District: FALLBROOK UNION
  • Census Tract: 018801

Zoning

  • Zoning: RR

Geography

  • Parcel: 107-352-45-00
  • Meridian: SEC 29 TWN 09 RNG 03W
  • Municipality: FALLBROOK UNION
  • Latitude: 33.3671
  • Longitude: -117.216

    Address

  • Full Address: 2042 Pheasant Run
  • Address - House Number: 2042
  • Address - Street Name: Pheasant
  • Address - Suffix Type: Run
  • State: CA
  • City Name: Fallbrook
  • Carrier Code: C003
  • 4-Digit Zip Code: 4345
  • Zip Code: 92028

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $567,112
  • Tax Rate Code Area: 75-002

    Appraisal Valuation

  • Standard Deviation: 0.1601
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 80
  • Final Value: 852,672
  • High Value: 989,186
  • Low Value: 716,159

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $540,462
  • Assessed Land Value: $252,210
  • Assessed Improvements Value: $288,252

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 29, 2016
  • Current Sale Recording Date: May 19, 2016
  • Current Sale Price:
  • Current Sale Document Type: 36
  • Current Sale Input Document Number: 2016-0243095
  • Previous Sale Recording Date: Sep 26, 2001
  • Previous Sale Contract Date: Sep 12, 2001
  • Previous Sale Amount: $264,000
  • Previous Sale Document Type: 36
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Fallbrook


Similar Homes for Sale

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Nearby Rentals

Unit for rent at 2440 Los Alisos, FALLBROOK, CA, 92028

$7,995 /mo

  • 5 Beds
  • 3 Baths
  • 3,565 ft²
2440 Los Alisos, FALLBROOK, CA, 92028 Listing by Matthew Arfa


Frequently Asked Questions

When was property at 2042 Pheasant Run built and last sold?
The property at 2042 Pheasant Run was built in 1967 and last sold on Apr 29, 2016 for $475,000.
How much is this home worth?
The estimated value of the home located at 2042 Pheasant Run is $1,309,301.
What are some comparable homes to 2042 Pheasant Run?
There are currently no comparable homes to 2042 Pheasant Run.