2042 Pheasant Run, Fallbrook, CA 92028

About this single-family home

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!

Listing description from the November 2025 sale, as reported to CRMLS.

Sale history

$1,090,000

Sold November 2025 · listed $1,298,747, orig. $1,498,747, on market May 2025 · MLS #NDP2505157 · Source: CRMLS

Listing Agent: Sharon Robinson · Listing Office: Compass · Contact: sharon.robinson@compass.com · Bought with: Ken Follis · Compass

$475,000

Sold May 2016 · listed $479,000, on market March 2016 · MLS #160013052 · Source: CRMLS

Listing Agent: Kelley Thompson · Listing Office: Thompson & Associates · Contact: 760-723-1708 · Bought with: Out of Area Agent · Out of Area Office

Explore Fallbrook